Multi-Currency Account Solution

One IBAN. Your name. Every currency you trade.

Receive, hold, convert and pay in multiple currencies from a single account, with an IBAN in your company’s name* and a clear view of your balances and movements in Monex Pay. *Subject to eligibility and onboarding requirements.

Already a client? Apply in Monex Pay See how it works

*Subject to eligibility and onboarding requirements.

Talk to a Specialist

Discuss your international collections, payments and treasury requirements with a member of our team.

Bank of Spain

Authorised and regulated, reg. no. 6936

73,000+

clients worldwide

1.7M+

FX transactions annually

40+ years

of FX expertise

* 2025 financial figures (USD) represent all entities of Monex S.A.P.I. de C.V. (“Monex”)

Treasury Challenges

Sound familiar?

Limited visibility

Cash positions spread across accounts and currencies are harder to see in one place.

Manual reconciliation

Time spent matching payments across different platforms and providers.

Scattered currency balances

Funds in different currencies held in different places.

Growing complexity

Each new market can mean more accounts, more administration and more operational risk.

A Multi-Currency Account can help bring these together in one place. See what’s included ↓

Monex dashboard on a laptop, showing account balances in six currencies, recent transactions and live FX rates

Take control of your international treasury.

Monex Europa’s Multi-Currency Account can help you centralise international collections, payments and currency balances in a single account structure, managed from Monex Pay.

One IBAN in your company’s name*
Receive funds in up to 23 currencies and hold balances in each
Pay in up to 70 currencies, with or without an FX conversion
See balances and incoming and outgoing movements in Monex Pay
Connect with your own systems through Monex Pay APIs

*Subject to eligibility and onboarding requirements. Available to corporate and institutional clients only.

What changes with a Multi-Currency Account

TODAY

WITH A MULTI-CURRENCY ACCOUNT

Collections in several currencies, in different placesOne IBAN in your company’s name*
Several platforms to checkOne view in Monex Pay
Matching payments by handMoney in and out, side by side
Balances spread across accountsA balance for each currency you hold

*Subject to eligibility and onboarding requirements.

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 in a single account structure.

IMPORT & EXPORT BUSINESSES

Receive customer payments and pay overseas suppliers across multiple currencies.

INVESTMENT FUNDS & SPVS

Receive, hold and pay in multiple currencies for fund and SPV structures, subject to eligibility.

COMMODITY TRADERS

Accounts in your company’s name, so counterparties can see who they are paying.

BUSINESSES MANAGING FX EXPOSURE

Hold balances in the currencies you receive and convert with us when your business requires it.

HIGH-VOLUME PAYERS

Pay suppliers, payroll and dividends in up to 70 currencies from your currency balances.

Available to corporate and institutional clients only, subject to eligibility and onboarding requirements. Not available to individuals. Restrictions apply to entities registered in the United States.

Common Multi-Currency Account use cases

Examples of how a Multi-Currency Account can support treasury and payment operations.

INTERNATIONAL BUSINESS EXPANSION

The challenge: Managing collections, payments and treasury operations across several countries, currencies and banking relationships.
How it can help: One account structure for international collections and payments, with balances and movements in Monex Pay.

INVESTMENT FUNDS & SPV STRUCTURES

The challenge: Managing collections and payments for several fund and SPV structures across different providers.
How it can help: Receiving, holding and paying in multiple currencies through accounts in the structure’s own name, subject to eligibility.

HIGH-VOLUME PAYMENT OPERATIONS

The challenge: Managing payroll, dividends, supplier payments and large numbers of beneficiaries.
How it can help: Same-currency and FX payments in up to 70 currencies, made from the balances you hold.

SUPPORTING INTERNATIONAL GROWTH

The challenge: Adding new markets, customers and suppliers, often in new currencies.
How it can help: An account structure that can grow with you: receipts in up to 23 currencies and payments in up to 70.

Recognise one of these?

Talk it through with a specialist, or apply in Monex Pay if you are already a client.

Talk to a specialist

World map marking Monex locations in Canada, the United States, Mexico, the United Kingdom, the Netherlands, Spain and Singapore — Monex Group locations. Monex Europa, S.L.U. operates from Madrid and Amsterdam.

Why Monex

International payments and specialist FX expertise from one regulated provider, with the reach of a global group.

A regulated specialist. Monex Europa is authorised and regulated by the Bank of Spain as a payment institution (reg. no. 6936).
Safeguarded client funds. Held separately from Monex Europa’s own funds under the segregation method authorised by the Bank of Spain. Not covered by any deposit guarantee scheme.
People, not just a platform. A dedicated dealing team supports your international payments and FX from our European hubs in Madrid and Amsterdam.
Backed by Monex Group. Part of an investment-grade financial group founded in 1985.

FAQs

Who is eligible for a Multi-Currency Account?

It is designed for corporate and institutional clients managing international collections, payments and treasury operations. It is not available to individuals, and restrictions apply to entities registered in the United States. Every application is reviewed by our Compliance team.

How do I apply?

If you are already a Monex Europa client, apply in Monex Pay with your usual login: go to Client Profile › Multi-Currency Account, or select the banner on your dashboard. If you are new to Monex Europa, use the form on this page and a member of our team will guide you through the process.

Is the IBAN held in my company’s name?

Yes. The Multi-Currency Account includes an IBAN held in your company’s name, subject to eligibility and onboarding requirements.

How many currencies are available?

You can receive funds in up to 23 currencies and make payments in up to 70.

Can I hold balances in different currencies?

Yes. You can hold balances in the currencies you receive and convert or pay out when your business requires it.

Can I make same-currency payments?

Yes. You can pay in the same currency you hold, or convert with us before paying.

How are client funds protected?

Monex Europa safeguards client funds in accordance with the segregation method authorised by the Bank of Spain. Safeguarded funds are held in segregated accounts separate from Monex Europa’s own funds. Please note that these funds are not protected by any deposit guarantee scheme.

How long does onboarding take?

It depends on the review of each application, including any additional information our Compliance team may request, so we cannot give a fixed timeframe. Our team will keep you informed throughout.

How is pricing determined?

Pricing depends on your business and payment needs, and is confirmed in writing as part of the application process.

Can I integrate the account with internal systems?

Monex Pay offers APIs that can connect with your internal systems. Our team can discuss your requirements.

Can I manage multiple entities or SPVs?

Structures with several entities or SPVs can be discussed with our team as part of the application. Each entity is subject to eligibility and onboarding requirements.