Simplify International Treasury with One Named Multi-Currency Account
Receive, hold, convert and pay in multiple currencies through a single IBAN issued in your company's name, with real-time visibility across international cash flows.
Talk to a Treasury Specialist
Discuss your international collections, payments and treasury requirements with a member of our team.
73,000+
clients worldwide
Regulated
by the Bank of Spain
1.7M+
Secured Payments Annually
40+ years
of FX expertise
Treasury Challenges
Reduced Visibility
Limited visibility of cash positions across accounts and currencies.
More Reconciliation Work
Manual processes across platforms and providers.
Less Control Over FX Timing
Currency conversions often occur according to banking processes rather than business requirements.
Higher Complexity
More accounts, more administration and greater operational risk.
Take control of your international treasury.
Monex Europa's Multi-Currency Account helps businesses centralise international collections, payments and currency balances through a single account structure. Operate through one IBAN issued in your company's name while gaining greater visibility and control across international cash flows.
- One IBAN issued in your company's name
- Receive, hold and manage balances in up to 23 currencies
- Make payments in up to 70 currencies, including same-currency payments
- Gain real-time visibility across international cash flows through Monex Pay
- Integrate treasury operations through APIs and multi-user controls
From Multiple Banks to One Treasury Structure
- Multiple banking relationships One IBAN
- Multiple online banking platformsOne centralised treasury platform
- Fragmented reporting & manual reconciliationConsolidated reporting and simplified reconciliation
- Limited visibility across currenciesReal-time visibility across currency balances
Who is it for?
Designed for organisations managing international collections, payments and multi-currency cash flows.
CORPORATE TREASURY TEAMS
Centralise international collections, payments and currency balances through a single account structure.
IMPORT & EXPORT BUSINESSES
Receive customer payments and pay overseas suppliers across multiple currencies.
INVESTMENT FUNDS & SPVS
Manage multiple SPVs and account structures through one centralised operational framework.
COMMODITY TRADERS
Accounts issued in your company's name help streamline international procurement and reduce payment discrepancies.
BUSINESSES MANAGING FX EXPOSURE
Hold funds in original currencies and decide when conversion takes place.
MASS PAYMENT ORGANISATIONS
Support payroll, dividends, supplier payments and other high-volume payment flows.
Common Multi-Currency Account Use Cases
See how businesses use Multi-Currency Accounts to simplify treasury operations, manage international payments and gain greater control over currency flows.
INTERNATIONAL BUSINESS EXPANSION
- Challenge
- Managing collections, payments and treasury operations across multiple countries, currencies and banking relationships.
- Outcome
- Centralised international cash flows through a single account structure, improving visibility and reducing operational complexity.
INVESTMENT FUNDS & SPV STRUCTURES
- Challenge
- Managing multiple SPVs and account structures across different banking providers.
- Outcome
- Improved oversight, simplified reconciliation and greater operational control through a centralised treasury framework.
HIGH-VOLUME PAYMENT OPERATIONS
- Challenge
- Managing payroll, dividends, supplier payments and large beneficiary payment flows.
- Outcome
- Reduced administration and improved operational efficiency through streamlined same-currency and FX payment processes.
SUPPORTING INTERNATIONAL GROWTH
- Challenge
- Newly formed businesses often require account structures to support funding rounds, international collections and treasury operations.
- Outcome
- Faster operational readiness and improved treasury management through a single banking and FX infrastructure.
Why Monex
Monex combines international payments infrastructure with specialist FX expertise, helping businesses centralise collections, payments and currency management through a single provider.
- Regulated by the Bank of Spain with safeguarded client funds
- 73,000+ clients worldwide across Monex Group
- Dedicated specialist support for international payments and FX
- Over 40 years of experience supporting businesses operating globally
FAQs
Who is eligible for a Multi-Currency Account?
Multi-Currency Accounts are designed for corporate and institutional clients managing international collections, payments and treasury operations.
Is the IBAN held in my company's name?
Yes. The Multi-Currency Account includes an IBAN held in the company's name.
Can I make same-currency payments?
Yes. Same-currency payments are supported through the Multi-Currency Account solution.
Can I hold balances in different currencies?
Yes. Funds can be held in dedicated currency balances before conversion.
Can I integrate the account with internal systems?
Monex Pay supports API connectivity to help streamline treasury and payment workflows.
How long does onboarding take?
Onboarding timelines depend on business requirements, account complexity and documentation requirements.
How many currencies are available?
Businesses can receive funds in up to 23 currencies and make payments in up to 70 currencies, including same-currency payments.
How is pricing determined?
Pricing is tailored according to business requirements, payment activity and account structure.
How are client funds protected?
Client funds are reconciled and safeguarded daily in segregated bank accounts held with top-tier institutions, completely separate from Monex Europa's own funds. This ensures your money remains protected and recoverable, even in the unlikely event of Monex Europa's insolvency. Please note that safeguarded funds are not covered by any deposit guarantee scheme.
Can I manage multiple entities or SPVs through the same platform?
Yes. Multi-Currency Accounts can support organisations managing multiple entities and SPV structures through a centralised operational framework, helping streamline oversight, account management and reconciliation.
Resources
Ready to take greater control of your international treasury?
Receive funds in up to 23 currencies. Make payments in up to 70 currencies. Manage international cash flows through a single IBAN held in your company's name.