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Business Collections Accounts | Get Paid in 25+ Currencies | GSNFX
Business Collections Accounts

Get Paid The Way Your Customers Already Pay — Locally.

We help companies pay, hold and receive funds in 25+ currencies, so you can collect from new markets without asking customers to send an international payment.

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25+Currencies to receive in
AutoNotifications on funds received
Business payment collections

We enhance your commercial offering when expanding into new territories

Collections accounts sit behind your invoices, so money arrives faster, cheaper and with less admin on both sides.

01

Receive funds locally

Give customers local receiving details in their own currency and market, instead of asking them to make a cross-border transfer.

02

Cut the cost of getting paid

Reduce intermediary charges and exchange costs by collecting in the currency you invoiced in and converting on your own terms.

03

Reconcile without chasing

Automated notifications tell you when funds land, so your finance team can allocate and reconcile payments.

The account

Every incoming payment, in one view

See what has been collected, in which currency, and from which market — then hold the balance or convert it back to your base currency when the rate suits you.

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Collected today · GBP equivalent
£318,447.20
● Live
Incoming payments
US Distribution customerUSD · local ACH · invoice 40218 +$126,400.00
EU Logistics customerEUR · local SEPA · invoice 40224 +€84,950.00
AE Trading customerAED · local transfer · invoice 40231 +د.إ92,300.00
AU Wholesale customerAUD · local transfer · invoice 40236 +A$47,120.00
Hold or convert
USD balanceHeld · convert to GBP
EUR balanceHeld · pay EUR suppliers
USUSD collections EUEUR collections AUAUD collections AEAED collections CACAD collections SGSGD collections JPJPY collections CHCHF collections
Illustrative collections overview. Currencies, receiving details and notifications are confirmed once you're onboarded.

Funds arrive on local rails

Customers pay domestically in their own market, so payments clear the way they expect.

Automated notifications

Get told when money lands, rather than checking statements to find out.

What you get

Collections built for cross-border growth

Everything a finance team needs to receive money from new territories, without opening a bank account in each one.

  • Receive funds in 25+ currencies locally
  • Process and cost savings
  • Support local currency payment for customers and clients
  • Reduce intermediary charges
  • Reduce exchange costs
  • Support client global expansion
  • Automated notifications
How it works

From invoice to reconciled payment

Collections accounts slot into the process you already run — the difference is where the money lands and what it costs to get there.

Step one

Invoice in your customer's currency

Quote and invoice in the currency your customer buys in, and share the local receiving details for that market alongside the invoice.

Step two

They pay domestically

The payment travels on local rails rather than through correspondent banks, which is where intermediary charges usually get added.

Step three

Funds land and you're notified

Automated notifications confirm receipt, so allocation and reconciliation happen on the day rather than at month end.

Step four

Hold, pay out or convert

Keep the balance to settle costs in the same currency, or convert back to your base currency when it makes commercial sense.

Why it matters

The cost of getting paid is a margin problem

Every deducted fee, unexpected conversion and unreconciled receipt lands on the same place — your bottom line.

25+
Currencies you can pay, hold and receive funds in
Local
Receiving details in the markets you sell into
Fewer
Intermediary charges deducted before funds arrive
One
Place to see collections across every currency

Contact Us

Reach out today by phone or email. We are happy to discuss whether we can help.

This email address is being protected from spambots. You need JavaScript enabled to view it. Call +44 20 3854 6802

Georgeson Foreign Exchange Limited specialises in business foreign exchange, risk management, multi-currency accounts and global payments.

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