For a modern business, it is crucial to have an online account for local and international transactions. Having an online business + merchant accounts facilitates money management and selling products to customers.
While many virtual banking services offer single currency online account services, with a Genome Account you will be able to store funds in multiple currencies. Open a business account with Genome to discover its convenient storage, transferring, and converting features.
About Multi-Currency Online Wallets
An online business account with multi-currency features offers numerous opportunities for its owners. With a Genome Account, it is possible to store funds in GBP, USD, and EUR at the same time. Moreover, Genome offers online accounts not only for businesses but for personal and merchant purposes as well.
If you decide to open a business account, it does not mean that you will only be able to trade in these three currencies listed above. Your clients will be able to pay in more than twenty different currencies, once you get a merchant account within Genome.
The money will be then converted into either dollars, pounds, or euros based on your requirements. This online account allows transferring and converting funds with a small 1% fee.
Pros of having an Online Account for Business
Modern online account solutions for companies have a variety of perks apart from simply storing your funds. Here are some of these benefits.
- Convenient transactions – Send and receive money transactions instantly between Genome users, use SEPA transfers.
- Merchant online account options – Use your Genome profile to receive payments from your clients worldwide.
- Corporate debit cards – Keep track of all business transactions using your physical or virtual card.
- Team account access – Grant employees access to the online account. Assign tasks to achieve efficient management.
- Integration features – Use included API features to integrate Genome into your website. This is a convenient feature for trading sites.
- Referral solutions – Generate a unique referral code and recommend Genome to your colleagues and friends. Receive commissions as soon as they register with your code and start utilizing their IBAN, etc.
To receive a multi-currency account it is necessary to create a regular account with EUR. After that, you will be able to open another account with multi-currency features. With three different currencies available you can create up to five accounts for each currency.