Sell a product in Germany for €1000, and only €950 may reach your account €50 often disappears to fees, double conversions, and hidden banking charges.
For companies working in the international market, from e-commerce stores to IT outsourcing firms, this is a daily problem. Each international payment comes with uncertainty: how much will actually reach your business account? Over the course of a year, these small losses add up to thousands of euros.
A multi-currency business wallet addresses this challenge. Funds arrive in the original currency, without unnecessary conversions or hidden deductions. This gives you control over international payments and reduces fees.
What Is a Multi-Currency Wallet?
A multi-currency wallet consolidates all your funds USD, EUR, GBP, CNY, CHF into a single account.
- Traditional bank accounts automatically convert incoming transfers, often at unfavorable rates.
- With a multi-currency wallet, euros stay euros, dollars stay dollars. You decide when and how to exchange them, locking in the best exchange rate.
How Does It Work in Practice?
- Receive payments without losses. A client in Paris pays you in EUR, and you receive EUR, not a reduced USD equivalent.
- Send money directly. Paying a freelancer in USD? They receive USD without double conversion.
- Exchange currency when it’s profitable. Conversion happens only when you choose, helping you save hundreds on large transfers.
Why It Matters for Your Business
- Save up to 2–3% on every transaction. For e-commerce or SaaS, that means tens of thousands annually.
- Work globally without limits. Manage clients in the US, Europe, and Asia in one wallet.
- No more “money in transit.” SEPA transfers often arrive within hours, sometimes minutes.
- Full transparency. Forget about hidden banking fees or unpleasant surprises.
How ABF Pay vWallet Helps
ABF Pay vWallet is designed for businesses operating internationally that require a reliable solution:
- 10+ currencies in one wallet. Flexible account management for global operations.
- Better rates than banks. Competitive FX without inflated margins.
- Simple dashboard. All international payments and balances in one interface.
- Regulated & secure. AML compliance ensures safe and smooth transfers.
Final Thought
A multi-currency wallet means efficiency, profitability, and financial control. Start maximizing your international earnings now, sign up with ABF Pay, and see immediate savings.