Traditional Providers
Open Global Business Account for SPVs
Purpose-built for Special Purpose Vehicles (SPVs), Banq Global enables entity-named accounts with local payment details in 20+ countries, allowing SPVs to streamline capital flows, manage 130+ currencies, and execute 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 SPVs
Special Purpose Vehicles are purpose-built entities designed for ring-fenced transactions, asset holdings, funding structures and risk isolation. Yet accessing global payment infrastructure still feels built for trading companies rather than specialised vehicles. Traditional providers ask for activity or local presence that SPVs are not designed to have. Fintech apps offer speed but rarely support complex ownership or multi-currency capital flows.
Account Opening Barriers in Strategic Jurisdictions
Local Payment Access Without Local Presence
Many jurisdictions require resident directors, tax IDs, or proof of substance before issuing local payment details, limiting access for centrally managed SPVs.
Inconsistent Standards Across Key Markets
Approval criteria differ widely between Luxembourg, Ireland, the US, and Hong Kong, creating long review cycles and unpredictable onboarding outcomes.
Compliance Workload That Delays SPV Operations
Onboarding Complexity for Multi-Layered Structures
SPVs involving trustees, nominees, or dispersed UBOs trigger extended KYC scrutiny, repeated document requests, and slower onboarding cycles.
Fragmented Communication During Due Diligence
Manual compliance workflows and unclear requirements create prolonged back-and-forth reviews that delay account activation.
Restricted Acceptance of Complex Entity Types
Many providers hesitate to onboard SPVs due to their passive nature, cross-border ownership, or perceived AML risk.
Platform Features
Infrastructure Engineered for Special Purpose Vehicles
SPVs and structured entities need more than a standard payments setup. They require compliant access to local payment rails, real-time oversight of capital flows, and infrastructure capable of supporting multi-jurisdictional structures, investment vehicles, and cross-border settlements.
Open Local Business Accounts in 20+ Countries
Avoid local presence requirements and secure jurisdictional access quickly. Open entity-named local accounts in key regions without the barriers that typically restrict non-resident directors, offshore ownership structures, or single-purpose vehicles.
Multi-Currency Wallets with Real-Time FX
Hold, convert, and manage over 130 currencies with clear segregation for each SPV. Support capital calls, distributions, acquisitions, and settlement flows across regulatory zones while keeping all multi-currency positions visible and structured.
Access to Global Payment Rails
Send and receive payments via SWIFT, SEPA, Faster Payments, and local clearing systems. Move capital efficiently whether you are funding an SPV, settling third-party obligations, distributing returns, or coordinating multi-jurisdictional transfers.
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
Gain real-time visibility into FX rates and convert with institutional-grade pricing. Avoid hidden margins and outdated rate sheets while executing conversions for cross-border investments, refinancing, or asset disposals with full transparency.
Role-Based Access and Workflow Permissions
Assign access based on roles such as trustees, administrators, directors, or internal finance teams. Enable dual-approval processes, maintain transparent audit trails, and strengthen governance for sensitive SPV transactions.
Who is it for
A Business Account Built for Global SPVs and Structural Financial Vehicles
Banq Global is built to support organisations operating through specialised entities that require precise control, compliant access, and multi-jurisdictional capability.
Holding and Ownership SPVs
Single-purpose entities created to maintain shares, intellectual property, or strategic corporate assets.
Joint Venture SPVs
Entities designed for multi-party ownership, cross-border partnerships, or project-specific cooperation.
Project Finance SPVs
Structures set up to ring-fence capital, manage project-level cash flows, and support infrastructure or development financing.
Securitisation and Debt Issuance SPVs
Vehicles created for structuring securitised products, issuing notes, or isolating risk exposures.
Real Estate SPVs
Entities used to acquire, finance, manage, or dispose of property holdings across multiple jurisdictions.
The All-in-One Platform
Why Special Purpose Vehicles Are Choosing Banq Global
SPVs require specialised support. General-purpose institutions cannot accommodate multi-layered ownership, cross-border entity structures, or the need for fast access to local payment rails.
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
Get Started With Your SPV Business Account
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.