Bell Rock Spark: 34 Currency Accounts, One Account Number
Your high street clearing bank was once the owner and purveyor of all things cross border, yet were always found wanting when it came to flexible, simple, cheap international payments and collections. Step forward in time and we have digital banking transforming this frustrating landscape.
At Bell Rock we now provide customers with a single unique IBAN number and named multi currency account that allows you to receive and hold balances in over 30 currencies, and instantly eliminates the need for multiple expensive foreign currency accounts. Our platform integrates local and international clearing to the extent that whoever you trade with your bank details remain the same. No more confusing account number lists and complex settlement details that need to be correct on each and every invoice, you just quote your unique IBAN and account number. It’s as simple as that!
This massively simplifies the receivables process allowing you to collect currency into your multi currency account and creating the flexibility to hold the currency on account whilst you decide the actual currency or currencies you need and when to make the conversion. This exciting development now gives you complete control over your overseas trading cashflows!
Bell Rock are providing these accounts automatically to existing and new clients.