If your business sells, hires, or pays suppliers abroad, you already know the pain points of online cross-border payments: slow settlement, opaque bank fees, and expensive double conversions. The antidote is a multi-currency infrastructure that lets you collect, hold, convert, and pay in the right currency at the right time – without friction. Here’s how WireWallet’s stack helps you reduce FX costs and speed up global cash flow.

Why multi-currency accounts change the game

A multi-currency account lets you receive and store balances in multiple currencies, then convert or pay out only when you choose. With WireWallet, you can open corporate named virtual IBANs to manage B2B, C2B, and B2C flows, and operate across SEPA and SWIFT rails for global reach. That means you can collect locally in EUR via SEPA, settle suppliers in USD over SWIFT, and keep GBP on account for your UK payroll – without constant, costly conversions. 

WireWallet supports 39+ currencies and enables you to receive in 40+ currencies to pooled accounts, giving you broad coverage for collections and payouts. Crucially, you get your own named IBAN, improving reconciliation and trust with partners who prefer paying into accounts bearing your company name.

Where the FX savings come from

FX pain usually comes from converting too often and at the wrong points in the payment chain. Multi-currency accounts fix that by letting you:

• Avoid unnecessary double conversions. Collect and hold funds in the original currency until you need to convert.
  
• Batch conversions. Convert larger amounts at once to secure better overall rates versus many small, ad hoc exchanges.
  
• Time the market. Move between currencies when it makes sense for your margins instead of being forced at checkout or receipt.
  
• Pay like a local. Use SEPA for euro-area partners and SWIFT for global payments, all from a single dashboard.
  

WireWallet is built for scale and flexibility: no stated transaction limits, 24/7 access, and high-level security (2-step verification/OTP). That combination keeps large settlements practical while maintaining robust protection for your accounts and users.

How WireWallet streamlines online cross-border payments

• Named Virtual IBANs (Corporate & Personal). Create currency-specific accounts to separate revenue streams, vendors, and regions – making reconciliation cleaner and speeding payouts.
  
• SEPA & SWIFT connectivity. Send and receive internationally with near-instant SEPA where available and broad SWIFT reach almost anywhere.
  
• Multi-currency & crypto-friendly options. Hold balances across major fiats and, where needed, bridge to crypto-friendly IBANs – useful for Web3-native businesses and exchanges.
  
• Open Banking payment initiation. Let customers pay you straight from their bank accounts for lower-cost, low-dispute collections – ideal alongside cards and bank transfers.
  
• Cards, eCards & BaaS add-ons. Complement bank transfers with card acceptance and digital card solutions for a unified treasury view.
  

Who benefits most

• Marketplaces & platforms orchestrating multi-party payouts across regions.
  
• SaaS and subscription businesses billing globally in customers’ home currencies.
  
• Import/export and wholesale firms juggling supplier invoices in USD, EUR, GBP, and more.
  
• Agencies, freelancers, and remote teams needing fast, low-friction international payroll.
  

All of these use cases share the same goal: fewer bottlenecks, clearer fees, and predictable margins on online cross-border payments.

Implementation tips (quick wins)

1. Map currency flows by region. Prioritise IBANs in the currencies you collect most to minimise forced FX.
   
2. Set conversion rules. Batch small balances weekly; convert when rates or thresholds trigger.
   
3. Use SEPA where possible. Keep EUR-zone payments on SEPA to cut costs and speed settlement.
   
4. Consolidate tools. Bring cards, bank transfers, and Open Banking into one view to simplify reconciliation and compliance.
   

Bottom line: To compete globally, you need control over currency – not the other way around. Multi-currency accounts, named IBANs, and smart FX routines turn online cross-border payments from a cost centre into a strategic advantage. Explore WireWallet’s SEPA/SWIFT connectivity, 39+ currency coverage, and security-first platform to cut fees and accelerate settlement. Open your account to get started.