What Are Multi-Currency Accounts?
Multi-currency accounts allow businesses to hold, receive, and send funds in multiple currencies from a single account structure. They are designed for companies operating across borders, managing international clients, or settling payments in different jurisdictions.
Depending on the provider, accounts may include local IBANs, vIBANs, or account details, FX functionality, and access to domestic and international payment schemes.
International SMEs and trading companies
E-commerce and marketplace platforms
Fintech and payments businesses
Corporate groups with overseas subsidiaries
Key Capabilities
Regulatory & Structural Considerations
Account structure, safeguarding, and regulatory oversight vary by jurisdiction and provider.
We help businesses understand whether a bank or EMI account is more appropriate based on transaction flows, licensing requirements, and operational needs.
How We Support
We assess your business model, jurisdictions, and transaction profile before identifying
suitable account providers. Introductions are made only where alignment exists,
helping avoid unnecessary onboarding cycles.
Have a question? See below some common questions we get asked by clients.
New Age Partners connects clients with a curated network of regulated financial institutions and payment service providers. These may include EMI banks, traditional banks, payment institutions, and alternative payment providers that offer solutions such as business accounts, safeguarding, international payments, and transactional services. Providers are selected based on the client’s business model, jurisdiction, risk profile, and operational needs.
Pricing models can vary among providers and are influenced by various factors. These factors include the risk profile associated with the entity being onboarded and the anticipated transaction volumes. Typically, the fee structure includes:
– Account opening fee
– Monthly maintenance fee
– Inbound percentage charge
– Outgoing payment fees (SWIFT, SEPA, FPS)
Eligibility depends on factors such as your business activity, jurisdiction, ownership structure, compliance standards, and risk profile. Most providers require transparent operations, legitimate revenue sources, and full KYC/AML documentation. New Age Partners conducts an initial assessment to determine suitability and will only proceed if there is a strong likelihood of successful onboarding.
Timelines vary depending on the provider, the complexity of the business structure, and the completeness of submitted documentation. In most cases, onboarding can take anywhere from 2 to 8 weeks. Businesses operating in higher-risk industries or multiple jurisdictions may require additional review and extended timelines.
New Age Partners operates as an independent consultancy within a wider group of financial and technology businesses. While we are part of a broader group, our advisory function remains operationally independent.
This means our consultants are not tied to any single provider or product and are not required to promote in-house solutions. Each client engagement is assessed on its own merits, with recommendations based on suitability, regulatory alignment, and long-term viability rather than internal commercial incentives.
Where relevant, we may introduce group capabilities alongside external partners, but clients are always presented with transparent options and remain free to choose the solution that best fits their needs.
We operate internationally and support clients across multiple jurisdictions, including the UK, Europe, APAC, and key global financial centres.
Our partner network includes banks, EMIs, payment institutions, and service providers across major regulated markets, enabling us to support businesses with cross-border operations, multi-currency requirements, and international expansion strategies.
Jurisdictional availability ultimately depends on the client’s business model, regulatory profile, and operational footprint. During the initial consultation, we assess these factors to determine which jurisdictions and institutions are realistically accessible.