Send and receive payments seamlessly with our EUR local currency accounts

Currencies Direct November 20th 2024 - 2 minute read

At Currencies Direct, we believe managing your international payments should be as straightforward as your local transactions. That’s why we’re thrilled to introduce our EUR local currency accounts, designed to simplify cross-border payments and give you complete control over your finances, wherever you are.

Whether you’re buying property overseas, managing rentals, or earning income from abroad, our EUR virtual IBAN (VIBAN) offers all the benefits of a local bank account without the need for multiple accounts in different countries. It’s the smart, efficient way to handle your finances internationally.

What is a local currency account?

A local currency account, or virtual IBAN (VIBAN), acts like a bank account in another country, giving you local account details such as a unique International Bank Account Number (IBAN).

This allows you to send and receive payments in the local currency without physically opening a bank account abroad. It’s a simpler, faster, and more cost-effective way to manage international payments.

What are the benefits of a local currency account?

  • Unique IBAN and account number: Your own dedicated IBAN makes international transactions smooth and professional.
  • No monthly fees: Stay in control of your finances with no hidden or recurring charges.
  • Seamless payments: Send and receive EUR payments easily, just like a local transaction.
  • Instant transfers: Move funds instantly between local currency accounts and wallets – no waiting around for transfers to clear.
  • Security and simplicity: Enjoy the same level of protection as with traditional banks, keeping your funds safe and secure.
  • Works with our multi-currency debit card: Spend from your EUR local currency account anywhere in the world using our multi-currency debit card.

Who can benefit from an EUR local currency account?

Our EUR local currency accounts are useful for a variety of needs, both personal and professional.

Whether you’re buying or selling property, working overseas or retired abroad, our EUR local currency accounts allow you to manage your finances effortlessly – all with no monthly fees! 

Simplify your international payments today

At Currencies Direct, we’re committed to making cross-border financial management easier. With our EUR local currency accounts, you can streamline your transactions and take control of your finances, no matter where you are.

Ready to get started? Open your account today and experience the difference for yourself or get in touch to find out more.

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Currencies Direct

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