Traditional Providers
Open Global Business Accounts for Multinationals
Purpose-built for multinational companies, Banq Global enables access to local business accounts in 20+ countries, seamless multi-currency management, and centralised control over global payments through an all-in-one global business account platform.
20+
Countries
130+
Currencies
190+
Payment Destinations
5 Days
For Account Setup
The Challenge
Why Opening Business Accounts Is Challenging for Multinationals
Multinational companies manage layered corporate structures, international subsidiaries, and cross border revenues, yet opening business accounts in key markets still feels unnecessarily complex. Traditional providers impose long onboarding cycles, in-country requirements, and strict risk criteria that rarely align with the operational realities of multinational groups. Even well-established entities face delays, repeated documentation requests, or outright rejection when expanding into new jurisdictions.
Account Opening Barriers in Strategic Jurisdictions
Local Presence Requirements
Many providers require resident directors, local tax IDs, or physical presence. Without direct local accounts, multinationals depend on intermediaries, lose oversight, and face higher FX and cross border settlement costs.
Inconsistent Global Account Standards
Verification rules, documentation formats, and compliance expectations change country to country, slowing multinational access to domestic account details and delaying market entry.
Compliance Workload That Delays Expansion
Complex Group Structures Increase Review Cycles
Layered subsidiaries, international UBOs, and multi-jurisdiction governance trigger enhanced due diligence and extend onboarding timelines for multinational companies.
Documentation Requirements Vary Across Jurisdictions
Global groups must supply different formats, certifications, and evidence for each region, creating repeated requests and slowing approval for new multinational entities.
Currency and FX Risk Management Challenges
Local conversions across multiple providers lead to inconsistent rates, weaker hedging accuracy, and limited visibility over group-wide FX exposure for multinational treasury teams.
Platform Features
Infrastructure Engineered for Multinational Companies
Multinational groups need more than a global payments platform. They need compliant access to local accounts, real-time visibility across subsidiaries, centralised liquidity control, and advanced FX management to operate efficiently across jurisdictions.
Open Local Business Accounts in 20+ Countries
Open entity-named local account details in the jurisdictions where your multinational operates. Access local IBANs, ACH routing numbers, and domestic payment rails in key markets without requiring resident directors, local incorporation, or physical presence.
Multi-Currency Wallets with Real-Time FX
Hold, convert, and manage over 130 currencies across your global operations. Separate currency accounts by legal entity, business unit, or market, giving treasury teams accurate oversight of subsidiary-level exposures.
Access to Global Payment Rails
Send and receive payments through regional clearing systems such as SEPA, ACH, Faster Payments, and local rails across Europe, North America, Asia, and other strategic markets. Accelerate subsidiary funding, supplier payments, payroll, and intercompany flows with greater speed and reduced friction.
Consolidated Multi-Entity Dashboard
View all SPVs, holding vehicles, and structured entities in one place. Track balances, transactions, and capital movements without relying on fragmented portals, manual reconciliation, or siloed workflows across different providers.
FX Risk Management with Real-Time Execution
Access live FX rates and execute conversions with full transparency. Strengthen multinational FX strategy by managing currency exposure across subsidiaries, hedge key settlement timelines, and reduce conversion costs.
Role-Based Access and Workflow Permissions
Set permissions for regional finance leaders, group treasury, shared-service centres, and auditors. Strengthen governance by implementing dual approvals, segregation of duties, and audit-ready workflows across all multinational entities.
Who is it for
A Business Account Built for Global Multinational Companies and Cross-Border Operations
Banq Global is built for multinational organisations operating across multiple jurisdictions and managing complex cross-border financial structures.
Global Multinational Enterprises (MNEs)
International organisations with subsidiaries across several regions seeking unified access to local accounts, cross-border payments, and real-time treasury visibility.
Multinationals Expanding into New Markets
Scaling companies entering new jurisdictions that need rapid, compliant access to local account details without establishing physical presence or resident directors.
Multi-Entity Corporate Groups
Holdings with complex organisational structures requiring entity-level separation, subsidiary controls, and consolidated cash oversight across continents.
International E-commerce and Marketplace Operators
Global sellers and platforms managing inbound revenues in multiple currencies and requiring local collection accounts to reduce FX costs and settlement delays.
Global Service and Technology Providers
Multinationals with distributed teams, cross-border payroll, and recurring supplier or contractor payments across Europe, North America, Asia, and emerging markets.
The All-in-One Platform
Why Multinationals Are Choosing Banq Global
Multinational companies require specialised support because general-purpose providers cannot deliver the compliant local accounts, multi-entity control, and cross-border payment infrastructure needed to operate at global scale.
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
Seamless Onboarding, Tailored to Your Multinational Company
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.
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.