 |
FITA Global Payment Services
Multi-Currency Accounts
One of the many advantages of holding a Multi-Currency Account is that it allows you to hold foreign currency in an account for future disbursement. If you need a particular currency to pay several clients, you can "fund" or "pay" for several transactions, such as wires or drafts, from this one account. This is how you can divide and split settlements among multiple parties.
If you feel the market rates are in your favor, you can purchase more currency than is presently required and still use the excess for future disbursements. Just hold the exchanged currency in a Multi-Currency Account for future requirements.
You may also want to transfer funds from another account and let FITA transmit the specified amount to the beneficiary. Another great feature is that you can view your account balance 24 hours a day 7 days a week ---- and the accounts are always updated to the USD equivalent for your convenience.
|
