Paymentearth’s Virtuwallet with IBAN has landed!
June 29, 2020We are excited to announce our Virtuwallet—a holding account for business customers that paves the way for faster transfers and instant netting in currencies you choose.
By offering a virtual IBAN that supports up to 28 different currencies, this product makes receiving payments from your customers and suppliers as easy as providing them just one account number! Upon receipt of your funds, you can:
• Easily convert to another available currency
• Convert back to US dollars to transfer to your US accounts
• Hold in Virtuwallet to net against future payables
By offering a virtual wallet, Paymentearth paves the way for instant payments, and a smoother and more seamless foreign exchange transaction.
All conversions still fall under the same fixed margins you’ve become accustomed to at Paymentearth! Contact your representative and let us show how this can work for you!