Rutland FX offers free multi-currency accounts in your individual or business name, enabling you to scale beyond the UK and facilitate cross-border transactions at reduced costs. These accounts provide a streamlined approach to managing cash and foreign exchange exposure, allowing businesses to optimise their financial strategies effortlessly.
Multi-Currency Accounts
Rutland FX Multi-Currency Accounts Key Features
Simplified FX Reconciliation
Effortlessly reconcile foreign exchange credits and debits by holding and transacting in multiple currencies. Easily export your transaction data for seamless reconciliation or upload to your accounting software, ensuring accurate and efficient financial management.
Hold Balances
Hold balances as long as you need and pay bills in the same currency you receive payments, eliminating unnecessary conversions and saving on transaction fees.
24/7 Online Access
Enjoy round-the-clock access to your multi-currency accounts through our secure and user-friendly online platform, ensuring you can manage your funds anytime, anywhere, on both desktop and mobile.
Make and Receive Payments Like a Local
Your Funds Are Safeguarded
Rutland FX is partnered with Currencycloud. Currencycloud is authorised by the Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI) with firm reference number 900199.
As an EMI, Currencycloud is required to keep your funds safe by maintaining adequate capital reserves and ensuring all funds corresponding to electronic money are safeguarded. When funds are posted to your account, e-money is issued in exchange for these funds by Currencycloud. Currencycloud safeguards your funds, meaning the money behind the balance you see in your account is held at a reputable bank, such as Barclays Bank PLC. This protection ensures your funds are safe even in the unlikely event of Currencycloud’s or our insolvency. Currencycloud stops safeguarding your funds when the money has been paid out of your account to your beneficiary’s account.