Traditional Providers
Open a British Pound Sterling (GBP) Business Account
Operate in Europe with confidence. Banq Global provides Euro (EUR, €) business accounts in your company’s name. Access local and international payment rails to strengthen counterparties' confidence and maintain disciplined control over EUR cash flows.
Reduce FX friction and simplify international transfers
Local EU IBAN details in your company’s name (where applicable)
Access SEPA and SEPA Instant for domestic and regional payments
Suitable for international operations, non-resident directors, and multi-jurisdictional ownership
Euro
Currency name
EUR
ISO code
€
Euro symbol
Why You Need a Euro Account
What’s Included with Your Euro Business Account
A dedicated EUR account embeds your operations into Europe’s local rails, reduces friction with European counterparties, and puts FX timing under treasury policy rather than circumstance.
Key Benefits
Account in your company’s name with unique IBAN and BIC.
SEPA & SEPA Instant for Eurozone transfers; SWIFT for out-of-area EUR.
Receive, hold, convert, and send EUR under clear treasury rules.
Unified platform and responsive specialists for controlled, auditable operations.
The Risk
The Risk of Not Having a Euro Business Account
Relying on ad-hoc cross-border wires and forced conversions for European activity introduces cost, delay, and uncertainty. Treasury outcomes become reactive, not controlled.
FX erosion:
Repeated, unplanned conversions compress margins.
Settlement uncertainty:
Correspondent chains add days and fees.
Counterparty friction:
European suppliers prefer local EUR transfers.
Control gaps:
Limited auditability, exceptions, and rework across teams.
Countries Where You Can Open a Euro Account
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.
(SEPA coverage extends beyond the Eurozone; we’ll advise on the optimal setup for your use case.)
Who We Serve
Our Euro Business Accounts Are Designed for
We support a wide range of internationally minded businesses. From fast-growing companies expanding into Europe to established global organisations managing complex operations.
Global Corporates
Centralise EU receivables, fund suppliers/payroll, and align EUR costs with EUR revenues for cleaner margins.
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Funds & Institutions
Manage capital calls and distributions in EUR with role-based approvals and clear audit trails.
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Private Equity
Efficient EUR flows for deals, fees, and SPV/holdco structures with policy-driven FX.
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Family Offices
Discreet EUR management for assets, commitments, and inter-entity transfers under tight permissions.
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The All-in-One Platform
Banq Global vs. Traditional Providers
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
Business Account - Step by Step
How to Open a Euro Business Account
A clear, expert-led process that reduces rework, shortens decision time, and maintains certainty.
01
Scoping & Fit
Define structure, jurisdictions, directors/UBOs, volumes, and EUR use cases. We confirm feasibility and the optimal configuration.
02
Document Pack
A precise, tailored checklist for your entity type and structure, minimising rounds of clarification.
03
Compliance Review
Disciplined AML/KYC due diligence with prompt Q&A and clear status visibility.
04
Account Issuance
Receive your EUR account in your company’s name with local IBAN/BIC and SEPA enablement.
05
Go-Live & Controls
Users, roles, approvals, payment templates, and FX policy (including market orders) configured to your standards.
Euro Business Account
Operating in Euro (EUR, €) raises detailed questions regarding IBANs, SEPA/SEPA Instant, non-resident onboarding, safeguarding, FX. Here are the direct answers global finance teams ask before opening a Euro business account with Banq Global.