Help arranging an international or multi-currency account for Switzerland businesses receiving and making payments across borders.
Companies using Switzerland as an international business base can need to receive and make payments in several currencies. A multi-currency account can make it easier to manage customers, suppliers and investments without converting every transaction through one currency.
Coutts Consultants can help identify a suitable third-party provider and assist with the application. We look at the currencies, countries and expected payment activity so the proposed account fits the way the company operates.
This can suit trading companies, holding companies, consultants and businesses with overseas customers, suppliers or investments.
Available currencies and facilities vary by provider, so we confirm what is currently offered before making an introduction.
Some businesses need a conventional bank relationship with wider corporate facilities, while others mainly need international collections, payments and currency management.
We consider the commercial requirement first and explain what type of provider is being proposed.
Providers usually want to understand the countries involved, expected payment values, currencies and the nature of customers, suppliers or investments.
We help organise this information with the normal company, ownership and source-of-funds documents.
We review the international banking requirement, identify a suitable provider route and help prepare the application.
The provider makes the final acceptance decision and sets its own currencies, fees, exchange rates and account conditions.
Coutts Consultants helps internationally active Switzerland companies apply for suitable multi-currency banking facilities through third-party providers.
Timing depends on the provider and complexity of international activity.
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Tell us what you are looking to achieve and we will help you identify the appropriate jurisdiction, structure or service.