TransferGo has introduced a new account designed for global businesses based in the UK and EU, allowing them to hold, exchange, send, and receive multiple currencies.
The company is expanding into business accounts to address challenges that companies often face, such as high fees, complex currency exchange processes, slow delivery times, and other difficulties in managing international transactions.
This B2B account is specifically crafted to ease the complexities associated with international financial management. Businesses can benefit from currency exchange rates starting at 0.35%, localized payments with individual IBANs, and a unified financial platform that eliminates the need for maintaining multiple accounts.
According to Daumantas Dvilinskas, CEO of TransferGo, “Not only do our services solve the various challenges faced by global businesses, but they’re up to nine times more affordable than those offered by traditional high-street banks.”