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Open platform with Multiple Currencies (IBAN)

Simplify international collections with dedicated virtual accounts in major currencies. Accept payments like a local, and manage funds globally.

What is a Virtual IBAN?

A Virtual IBAN is a currency collection account that lets your business receive payments in various currencies through unique, local account details. It works like having bank accounts in multiple countries, without the need for local entities.

How to Use a Virtual IBAN

Collect payments from clients around the world in their local currencies—without conversion fees or delays. Assign unique IBANs or local account numbers for USD, EUR, GBP, and more, making it easy for customers to pay you domestically.

Consolidate funds in your PulseFX dashboard and convert them when market conditions are favorable. Improve cash flow management while expanding your international reach.

Why Does It Matter for Your Business?

Managing cross-border payments shouldn’t come at the cost of time, money, or control. Virtual IBANs let you localize your payment process, improve client experience, and hold funds until the exchange rate works in your favor.

Strategic Advantages of Virtual IBANS

Get paid like a local in major currencies
Save on conversion and transfer fees
Optimize timing for FX conversion
Improve visibility and control over incoming funds
Simplify reconciliation across global markets
Connect with marketplaces such as Amazon or Shopify

Who Should Use Multi-Currency Collection Accounts?

Founders scaling globally

Seeking a frictionless way to accept payments in multiple currencies.

CFOs  of global businesses

Needing better cash flow visibility and control across multiple markets.

Accounting teams managing international receivables

Looking to simplify reconciliation and reduce FX-related costs.

Step-by-Step

How to get a virtual IBAN

Get started in a few simple steps to unlock seamless global payments.

1
Step 1: Set up an account

Submit your business info and documentation so we can get you verified and matched with a dedicated FX specialist.

2
Step 2: Choose your collection currencies

Select the foreign currencies your business needs to receive payments in—EUR, USD, GBP, and more.

3
Step 3: Get local account details

We’ll provide local IBANs and account numbers that your clients can pay into, just like a domestic transfer.

4
Step 4: Start receiving funds

Share your account details with payers and begin collecting payments directly into your PulseFX account.

Streamline Global Collections Today

Simplify your international payment operations with PulseFX.

FAQs

Find answers to your most pressing questions about our services and processes.

What Documents are Required to Activate a Collection Account?

To activate your collection account, you’ll need to provide your business registration details, identification documents for the business owners, proof of address, a completed application form and a bank statement.

How Long Does it Take for Incoming Payments to Appear in My Account?

Incoming payments typically appear in your collection account within 1-2 business days, depending on the currency and the sending bank’s processing time.

Can I Convert Collected Funds to Another Currency Within PulseFX?

Yes, you can easily convert collected funds into other currencies using PulseFX’s seamless currency exchange features, enabling you to manage multi-currency balances efficiently.