Traditional Providers
Corporates
Opening Business Accounts for Global Corporates
Banq Global empowers corporates with a single platform to open local accounts in 20+ jurisdictions, manage 130+ currencies, and streamline complex international payments—fast, compliant, and tailored.
20+
Countries
130+
Currencies
190+
Payment Destinations
5 Days
For Account Setup
The Challenge
Why Opening Business Accounts Is Challenging for Large Corporates
For multinational corporates with global operating models, opening business accounts in strategic jurisdictions like Luxembourg, Ireland, the UK, Singapore, and the U.S. is anything but straightforward. Despite scale, credibility, and internal resources, corporate finance teams are still slowed down by outdated banking infrastructure, fragmented onboarding processes, and jurisdictional red tape.
Disparate Banking Requirements Across Jurisdictions
Jurisdictional Banking Requirements Are Inconsistent
From beneficial ownership thresholds to in-country substance rules, banking standards vary dramatically across markets — even within key financial jurisdictions.
Lack of Transparency in Onboarding
Corporate finance leaders often face opaque documentation requests, unpredictable timelines, and rejection without clear explanation. This is compounded when non-resident directors or complex group structures are involved.
Decentralised Accounts, Siloed Visibility, and Operational Drag
Without a unified infrastructure, corporates must manage multiple accounts across different institutions, each with their own login, KYC cadence, support process, and payment format. Treasury ends up reconciling manually across silos, while senior leadership lacks real-time clarity on cash positions, liquidity forecasts, and FX exposure.
Inefficient Cross-Border Payments and FX Management
When international payments and FX are spread across various banks and platforms, corporates suffer from inconsistent rates, fragmented execution, and poor cost predictability.
Inflexible FX Solutions Increase Risk
Static FX rates, lack of hedging tools, and restricted access to illiquid currencies prevent corporates from managing risk effectively — especially in emerging markets or high-volume environments.
Legacy Banks Can’t Support Local Payments
Our legacy banks couldn't support local payments in Luxembourg, Ireland, Sweden or Singapore. We ended up routing everything through USD, adding both cost and risk.”— CFO, International FMCG Group
Platform Features
Corporate Treasury Without the Structural Barriers
Corporates demand more than just an account to hold funds. You need precision, visibility, and infrastructure designed for the realities of multi-entity operations, complex ownership structures, and cross-border liquidity management.
Fast-Track Account Opening in 20+ Key Jurisdictions
Get local business accounts — complete with IBAN, ACH, or SWIFT — in markets like the UK, Luxembourg, Singapore, Ireland, and the U.S., without needing a physical presence or local director.
Built-In Compliance Infrastructure
Accelerated onboarding even for complex structures with non-resident UBOs. We handle AML/KYC requirements across jurisdictions, ensuring full alignment with local regulatory expectations — without back-and-forth delays.
130+ Currency Coverage & FX Risk Management
Access real-time FX tools and hedging products to manage your exposure across both liquid and illiquid currencies. Consolidate currency management under one platform to protect margins and reduce volatility.
Mass Global Payments Infrastructure
Make efficient high-volume payments to 190+ countries — with support for local rails, batch uploads, automated reconciliation, and error-free execution, all under one platform.
Strategic Relationship Management from Industry Experts
Every client is assigned a dedicated relationship manager with deep sector knowledge. Our team becomes an extension of yours, tailoring onboarding, treasury tools, and compliance support to your structure.
Unified Multi-Entity Treasury View
Consolidate visibility across all your entities and accounts — giving your team real-time control over balances, flows, and intercompany transfers, regardless of jurisdiction.
“We reduced our cross-border payment execution time by 78% and gained real-time control over $30M+ in monthly flows.”— Group Treasurer, Global Logistics Firm
Who is it for
A Platform Tailored for Global Corporates with Complex Structures & Payment Needs
Banq Global is built for high-value corporate structures that require more than standard banking. Whether you’re centralising treasury, managing cross-border liquidity, or navigating regulatory complexity, our platform adapts to the way your business operates.
Global Finance Teams managing cross-border subsidiaries
Streamline control of global subsidiaries with local accounts, real-time visibility, and centralised oversight — without requiring a physical presence.
Group holdings and SPVs needing segregated structures
Open dedicated business accounts for each entity to isolate fund flows, meet reporting obligations, and simplify intercompany settlements.
Shared service centres managing payments and liquidity
Centralise treasury operations across business units with bulk payment capabilities, central cash pooling, and full reconciliation tools.
Payroll and mass payout teams operating globally
Execute high-volume, multi-currency payments across borders via local rails with FX clarity, speed, and full audit trails.
Finance transformation projects replacing legacy infrastructure
Transition from outdated banking setups to a unified solution that simplifies treasury, payments, and currency management across regions.
Entities with non-resident UBOs and directors needing compliant access
Accelerate account opening for global entities with built-in KYC/AML tools tailored to non-resident structures and cross-border ownership.
The All-in-One Platform
Why Funds and Institutions Are Choosing Banq Global
When comparing payments platforms, the key differentiator is institutional readiness to handle the specific complexities faced by global institutional clients. Here’s how we compare:
Open business accounts (20+ countries)
Open multi-currency accounts (30+ currencies)
Preferential exchange rates (130+ currencies)
Receive global payments (190+ countries)
Make global payments (190+ countries)
Currency risk management
Mass payments
Trade finance
All-in-one platform
Dedicated relationship manager
3-Steps
Go Live in Days, Not Months
01
Check Your Eligibility
Submit a short form outlining your entity, ownership structure, and country of operation. Our onboarding experts will assess and prepare a tailored plan for your corporation.
02
Work with Your Dedicated Account Manager
From KYC to account creation, your account manager will guide you every step of the way—handling the paperwork, compliance, and platform configuration for you.
03
Start Using Your New Business Account
Enjoy immediate access to a global, multi-currency business account that supports payments, FX, and compliance reporting across all your jurisdictions.
Case Study
Why a Large UK Based Corporate Switched to Banq Global
Banq Global makes it simple to get started, even for complex fund and institutional structures.
Challenge:
A private equity-backed portfolio group with entities in 9 countries and operations across 12 currencies was incurring over $1.1M annually in unmanaged FX exposure.
Cross-border vendor payments were often delayed up to 72 hours due to fragmented banking infrastructure.
Treasury teams lacked consolidated visibility into all global cash positions.
Solution:
Banq Global deployed a tailored treasury and banking solution, including:
12 local currency business accounts across key jurisdictions
Automated FX execution with rate optimization
Centralised platform with multi-entity, multi-currency reporting
Bulk payment rails integrated for recurring vendor payouts
Impact:
✔ FX loss reduced by 82% within 9 months
✔ Average cross-border payment time cut from 3 days to <6 hours
✔ Full treasury visibility across all accounts, updated in real-time
✔ Improved control and speed supported strategic acquisitions and liquidity planning
Platform Features
Enterprise-Grade Security & Compliance
Banq Global’s infrastructure meets the highest institutional standards for regulatory integrity and fund safeguarding.
FCA-Regulated Partners
Client funds held in segregated, safeguarded accounts.
Cross-Border Regulatory Expertise
AML, KYC, FATCA, CRS compliance across jurisdictions.
Real-Time Oversight
Full visibility and control with custom permissions and audit trails.
