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Ebury expands its currency capabilities, launches 11th local collection account

( 2 min read )

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24 May 2023

Written by
Jigna Shah

Content Marketing Lead

We are very excited to announce the launch of our 11th local currency account in Singapore (SGD).

ith this expansion, we are well-positioned to offer the most comprehensive suite of local collection accounts in the industry. We offer local currency accounts in AUD, BGN, CAD, EUR, HKD, CNY (in Hong Kong), GBP, NZD, PLN, USD and SGD.

Here’s how our collection accounts facilitate borderless and seamless transactions:

Collect funds in 11+ currencies from anywhere in the world, just like any local.

  • Our clients can now collect SGD in Singapore, just like a local. Until now, the only option for clients was to collect SGD in Europe. We will now provide a unique virtual account to all customers requesting an SGD account, helping them speed up the collection process without hassle.
  • E-commerce sellers can utilise these local currency accounts to collect payments effortlessly and securely from marketplaces and repatriate them to their home countries.

One of our core strengths lies in our ability to collect locally around the world. With this expansion, we aim to serve our clients better and achieve our mission of becoming the preferred partner for businesses wanting to trade and scale globally.

We are continually adding currency capabilities to this list to offer a more cost-effective, secure and faster method for businesses to collect funds from anywhere. If you are already an Ebury client, please contact your dedicated relationship manager to learn more about our local collection accounts.

If you would like more information about our Currency Accounts or want to start working with Ebury, please get in touch with our team here. We are happy to help!