UK International & Multi-Currency Bank Account

If your company receives money from overseas customers or regularly pays international suppliers, a sterling-only account may be restrictive. A multi-currency account can make it easier to receive, hold and pay funds in the currencies your business actually uses.

Coutts Consultants can introduce suitable businesses to third-party providers offering international and multi-currency facilities. We first look at the countries, currencies and expected payment activity so the account fits the way the company trades.

Who this service is for

This can be useful for exporters, consultants, online businesses, international trading companies and UK companies with suppliers or customers in several countries.

Depending on the provider, facilities may include holding several currencies, international transfers, cards and local or international payment details.

Banks and digital providers

International accounts are available from conventional banks as well as regulated payment and electronic-money providers.

We explain what type of provider is being proposed so you understand whether you are applying for a bank account or another regulated payment account.

Preparing the application

Providers normally want to understand the countries involved, currencies required, expected payment values and the nature of customers and suppliers.

We help organise this information alongside the normal company, ownership and source-of-funds documents.

How Coutts Consultants can help

We review the company's international payment needs, identify a suitable type of provider and help prepare the application before making an introduction.

The provider decides acceptance and sets its own currencies, fees, exchange rates and account conditions.