Multi-Currency Processing

Topic: Merchant Accounts (Wed 28th Aug 2019)

Our company currently holds a Pan EEA (European Economic Area) License with sponsor Bank's and registrations with Visa/ Mastercard.

This means we can set up merchant accounts for businesses within the EU.

For this specific EEA payment collection, we can have your payments processed in 14 currencies; GBP, EUR, USD, CAD, DKK, NOK, SEK, NZD, AUD, CHF, PLN, HKD, JPY, ZAR.

These currencies will be subject to either the Visa or Mastercard FX (Foreign Exchange) fees

The acquiring will issue a statement per currency if this is required and the settlement of funds and acquirer charges can either be in GBP, USD or EUR.

We would recommend using a Bank account set up in the settlement currencies to avoid FX fees.

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