News from the Wire

Verv launches multi-currency business accounts

Thursday, May 26, 2022 — 12:19:24 (EDT)

LIMASSOL, CYPRUS (PRWEB) MAY 24, 2022--Verv today announced its Multi-Currency Business Accounts, a new Online Corporate Banking Solution. The Multi-Currency Business Accounts allows companies to receive, pay, and hold more than one currency. Beneficiary name, account number and SWIFT code remain the same for all currencies and offer a new way for companies transacting globally to manage an account for their global payments and banking.

“Verv’s new business multi-currency accounts allow EEA and UK registered entities to enjoy a full scope of business account services under one platform. With quick and hassle-free onboarding procedures, an account can be opened swiftly and painlessly. This product allows companies to fund their Verv account directly in one currency and enjoy multi-currency payouts at lower-than-bank exchange rates. With no hidden fees or charges Verv Multi-currency business accounts offer a quick and cost-effective solution for 21st Century businesses;” said Stavros Psyllos, Commercial Director at Verv.

Verv introduces the Business Accounts Product to the European market with the following features and benefits:

Beneficiary name, account number and SWIFT code remain the same for all currencies.

No more headaches trying to match invoiced and paid amounts in different currencies.

Companies can receive funds in one currency. these are credited to the company's Verv multi-currency account without the need for any conversion, thus saving on exchange rates.

Multi-Currency Business Accounts will be available starting June 2022.

To apply for an account opening you may visit verv.eu/application/business-onboarding/

About Verv

Verv is a brand of the Novatti Group Ltd. and offers a comprehensive suite of services for entrepreneurs and companies that want to approach payments with professionalism, vision, and goals.

Verv's merchant accounts open the gateways to entrepreneurs of all sizes and experience levels to set their own service fees and instantly settle payments (SEPA, SWIFT). Verv Corporate Accounts are available for businesses operating in the EU (European Union), EEA and the United Kingdom.

“Through Verv, Novatti extends its product offering to European clients and is now firmly positioned to provide business account services and solutions for companies registered in the EEA and UK. This is only the beginning as we plan to roll out multiple new features on the Verv platform in the coming quarters.” Says Effie Dimitropoulos, Executive General Manager of Cross-border & Alternate Payments at Novatti Group Ltd.

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Source: Company press release.