Receive payments from customers in their preferred currency and say goodbye to costly conversion and transaction fees.
Skip the queues and tedious paperwork usually involved in setting up local currency accounts around the world. Open accounts online and collect payments from global customers in their preferred currencies. Spend proceeds later in the same currency, eliminating unnecessary conversion fees.
Global Accounts function as local currency accounts in your name that come with local bank and branch codes and dedicated account numbers. You can set up Global Accounts in the majority of countries below regardless of the location of your business. They make it easy for you to receive funds domestically and internationally into your Translink account in multiple currencies. Get everything you need to manage money globally, without the hassle of a traditional bank.
This is an example of an AUD currency account we provide in Australia.
This is an example of an HKD currency account we provide in Hong Kong SAR.
Australia
Australia
Canada
Denmark
Europe (SEPA)
Hong Kong SAR
Indonesia
New Zealand
Poland
This is an example of an AUD currency account we provide in Australia.
This is an example of an HKD currency account we provide in Hong Kong SAR.
Local currency accounts make it easy for you to conduct your business operations in multiple currencies. They come with account numbers and banking details that allow you to easily receive funds in specific currencies. This is particularly useful for a global business – you'll be able to collect funds in your international customers' preferred currencies and then use those proceeds to pay local expenses in that same currency. By comparison, a regular transaction account may forcibly convert funds in and out of your home currency with every transaction, incurring costly FX fees in both directions.
Local currency accounts can be used to avoid unnecessary conversion fees and to save on everyday expenses. You can collect payments from your international customers in their preferred currencies and then spend those proceeds later in the same currency (for example, to pay global suppliers and employees), thereby eliminating unnecessary conversion fees. You can also benefit from holding funds in a foreign currency until FX rates are favourable enough to convert these funds to your home currency.
