Multi-currency account savings calculator
Paid in euros or dollars and paying bills in them too? See what converting every payment costs you a year, and what you'd save by holding a balance and converting only the difference. Free, no sign-up, nothing leaves your browser.
The starting figures are an example: use today's rate and the margin your own provider charges. Fixed transfer fees aren't included.
How a multi-currency account works
Each currency is a separate balance. Money arrives in its own currency, and the holder decides when to convert and at what rate. That avoids being forced into a poor rate on every payment.
What to check
Look at the exchange rate margin, any fees for receiving or sending, and whether the account comes with its own details, such as a UK sort code or a euro IBAN, so people can pay into it directly.
Offer multi-currency accounts to your own customers
Multi-currency balances are one of the most wanted features in a money app. SendPay platforms, powered by licensed partners, give your customers GBP, EUR and USD balances under your own brand, with currency exchange built in.