Multi-Currency Business Accounts & Virtual Account Infrastructure

Rapyd provides business banking infrastructure enabling Web3 and cryptocurrency companies to hold, manage, and transact in multiple currencies through a unified platform. The solution combines multi-currency business accounts with virtual account generation capabilities, simplifying global treasury operations and payment reconciliation.

Multi-Currency Business Accounts

Hold and transact in 150+ currencies through a single platform, eliminating the need for maintaining separate bank accounts in different countries. Receive payments in local currencies, hold funds without forced conversion, and pay suppliers in their preferred currency. Provides competitive foreign exchange rates, transparent fee structures, and instant movement between currency balances for dynamic liquidity management.

Real-time visibility into all currency balances through unified dashboard with detailed transaction history, automated reconciliation tools, and comprehensive reporting. Integrates seamlessly with Rapyd's payment acceptance and payout capabilities, creating a complete financial operations solution. Accept payments in customers' local currencies, hold funds in original currency, and disburse payments to vendors in their required currencies without forced conversions or multiple banking relationships.

Virtual Accounts

Create unique account numbers for individual customers, transactions, or purposes without opening separate physical bank accounts. Each virtual account provides a distinct number that can receive payments independently, ideal for payment reconciliation, marketplace operations, and automated payment tracking. When funds arrive, they are automatically identified and attributed to the specific customer or transaction.

Significantly reduces payment reconciliation complexity by eliminating manual matching of incoming payments to invoices or customer accounts. Virtual accounts can be generated instantly via API, assigned to customers during onboarding, or created dynamically for each transaction. Supports virtual accounts in multiple currencies and integrates with local banking systems across different countries.

Key Features

• Hold and transact in 150+ currencies
• Virtual account generation via API
• Automated payment reconciliation
• Multi-currency FX optimization
• Real-time balance visibility
• Competitive foreign exchange rates
• Integration with accounting and ERP systems
• Webhook notifications for payment events
• API-first architecture for programmatic account management

Why Choose Rapyd

Particularly valuable for Web3 and cryptocurrency companies that often face challenges accessing traditional banking services. Rapyd provides the ability to manage both fiat and crypto-related transactions through business-friendly infrastructure with transparent pricing, 24/7 support, and comprehensive compliance features built in.