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Hold balance

Hold money in the currencies you earn.

Open named EUR, GBP and AUD accounts on demand, with USD through our partners, and get paid like a local.

Go live in two weeks after KYB review.

What it does

What Multi-Currency Accounts does.

  • Named accounts

    EUR (IBAN), GBP and AUD account details in your company's name.

  • USD accounts

    Receive and hold US dollars alongside your other balances.

  • Convert when it suits you

    Hold balances and convert only when you choose.

Who uses it

Built for these industries.

How it works

From integration to money moved.

  1. Open accounts

    Request account details from the dashboard or the API.

  2. Get paid

    Customers pay into local details.

  3. Hold or convert

    Keep balances or convert at a quoted rate.

  4. Pay out

    Pay suppliers from the same balances.

Features

The details that matter.

  • Accounts on demand

    Open new currency accounts as you enter new markets.

  • Accounts for your customers

    Neo-banks and platforms can offer accounts to their own users.

  • Local rails

    Receive on local rails in each market.

  • One view

    All balances and activity in one dashboard.

  • Webhooks

    Know the moment money arrives.

  • Statements

    Monthly statements for every account.

Compliance built in

The regulated part is handled.

Glomo onboards and screens every party, runs the checks before money moves, reconciles funds and handles reporting.

  • KYC and KYB

    Every customer and business is verified before they transact.

  • Screening

    Sanctions and AML screening on every party, every time.

  • Reconciliation

    Funds are matched across your account, the rails and the network.

  • Reporting

    Regulatory reports generated from your transaction data.

Glomo is a regulated payment service provider, not a bank.

FAQ

Questions, answered.

Start with Multi-Currency Accounts.

Tell us your corridors and volumes. We'll show you how fast you can go live.