The Global Currency Account (GCA) is a versatile and comprehensive financial solution designed to simplify and streamline international business transactions. It centralizes the management of international transactions, enabling businesses to efficiently Receive, Hold, and Send funds in multiple currencies through a single account. This eliminates the need to maintain multiple bank accounts in various countries, reducing complexity and administrative burden. Businesses can receive payments directly into their GCA in various currencies, enhancing customer satisfaction and simplifying the payment process. The GCA also allows businesses to hold multiple currency balances, minimizing the need for frequent conversions and reducing currency risk. Additionally, it facilitates international payments to suppliers, partners, and employees, supporting smooth and efficient global operations. By consolidating various currency-related transactions into one account, the GCA helps businesses save time, reduce costs, and improve overall financial efficiency in the global market.

We provide GCA in two regions: One in Europe and the other in Singapore:

Named Accounts with Local Bank Details in GBP and EUR in Europe:
Each GCA provides named accounts with local bank account details specifically for GBP (British Pounds) and EUR (Euros). This feature allows businesses to present themselves with local account details, which can enhance trust and convenience for customers and partners in the UK and Europe. By having local accounts, businesses can also benefit from local banking practices and potentially lower transaction fees for domestic transactions.

Receive Payments in Your Customers' Preferred Currency (21 Currencies Supported):
The GCA enables businesses to receive payments in up to 11 different currencies. This flexibility allows customers to pay in their preferred or local currency, enhancing the customer experience and potentially increasing sales. The supported currencies for the named bank account in Europe are in the following currencies:AED, AUD, CAD, CHF, CNY EUR, GBP, HKD, HUF, ILS, JPY, NOK, NZD, PLN, RON, SAR, SEK, SGD, TRY, USD and ZAR.

Hold Up to 21 Currency Balances:
With the ability to hold balances in up to 21 different currencies, businesses can manage and store funds in the currencies they frequently use. This reduces the need for constant currency conversion, which can incur fees and lead to unfavorable exchange rates. By holding multiple currency balances, businesses can better manage currency risk and optimize their financial operations according to their specific international needs.

Payout to 180+ Countries in 11 Currencies:
The GCA supports payouts to over 180 countries around the world in the 11 supported currencies. This extensive payout capability ensures that businesses can send funds to a vast number of international destinations, catering to global suppliers, partners, and customers. Whether it's paying international invoices, sending salaries, or managing overseas investments, the GCA facilitates smooth and efficient international payments.

Access to Unlimited’s Banking Network and SWIFT Channels:
By leveraging Unlimited’s robust banking network and SWIFT (Society for Worldwide Interbank Financial Telecommunication) channels, businesses using the GCA can perform secure and reliable international fund transfers. The SWIFT network is a widely recognized system for global financial communications, ensuring that transactions are conducted with high security standards and broad acceptance among financial institutions worldwide. However, for the Europe GCA, we are unable to provide SWIFT out services at present.

Named Accounts with Local Bank Details in SGD in Singapore:

In addition to the bank account in Europe, we also provide you GCA in Singapore in the following currencies: UD, CAD, CHF, CNY, DKK, EUR, GBP, HKD, JPY, NOK, NZD, SEK, SGD and USD.

Monthly Maintenance Charge
To maintain the Global Currency Account, there is a monthly maintenance fee of USD 100 (US Dollars one hundred only). This fee is billed on the first day of each month. This charge covers the cost of maintaining the account, providing the extensive range of services and features, and ensuring secure and efficient operation of the account.