Introduction to Global Currency Account (GCA)

A Global Currency Account (GCA) is a financial solution tailored for businesses engaged in global markets. It enables businesses to hold, receive, and manage funds in over 36+ currencies within a single account, streamlining cross-border transactions and reducing currency conversion costs.

Finmo’s GCA redefines global financial management with its advanced multi-currency wallet. Businesses can seamlessly transact across borders, perform foreign exchange conversions, and easily facilitate in global payouts. This feature simplifies financial workflows and enhances transparency and control over global transactions.

Finmo's GCA offers businesses a unified platform to manage global finances by consolidating multiple currency accounts into one powerful solution. This centralized approach boosts efficiency, minimizes operational overhead, and drives significant cost savings on currency exchanges - all while delivering a seamless experience for businesses.

Key Features of GCA

Multi-Currency Management

With Finmo's GCA, businesses can effortlessly hold and manage balances in over 36+ currencies. This empowers companies to streamline your global finances by receiving payments in their preferred currencies, avoiding unnecessary conversion fees, and mitigating exchange rate risks

Currency Conversion

The GCA offers hassle-free currency conversion with competitive exchange rates, making it easier for businesses to operate across borders. Whether dealing with vendors or customers in different countries, this feature ensures that transactions in local currencies are quick, seamless, and cost-effective.

Customer Accounts

Finmo’s GCA enables businesses to provide their customers with multi-currency accounts, creating personalized and flexible payment experiences. These customers can hold, receive, and manage funds in multiple currencies, enabling seamless and efficient transactions tailored to their needs.

Cross-Border Transfers

The GCA simplifies global operations with fast and secure cross-border transfers. Integrated with global payment networks, the account supports payments to and from over 190 countries, ensuring smooth global transactions that meet business needs.

Real-Time Balance and Transaction Tracking

Gain complete visibility over your finances with real-time balance and transaction tracking. This feature provides the latest account information, empowering businesses to make informed decisions and maintain precise financial oversight.

Automated Reconciliation

Streamline financial processes with automated reconciliation, matching payments to invoices with precision. This reduces administrative workload, minimizes errors, and allows businesses to focus on growth and strategy.

Secure and Compliant

Finmo prioritizes security and compliance by adhering to the highest global standards and regulatory requirements. Businesses can operate with confidence, knowing their funds and transactions are protected. Additionally, the GCA supports a variety of payment methods, like SWIFT, RTP, and SEPA, offering unmatched flexibility and cost-effective options for global transactions.