Currency Accounts
Own-name local collection accounts and unique-IBAN multi-currency accounts to hold, receive, and manage funds across multiple currencies.
Currency Accounts
Multi-currency accounts provide a single IBAN that accepts 30+ currencies, whilst unique IBAN accounts are specific to each currency. Receive, hold, convert, pay, and manage funds in one place, reducing reliance on multiple banking relationships and simplifying reconciliation. Crucially, these are accounts held in your business' name — meaning payments in and out are routed through an account that belongs to you, not a pooled client account held in your broker's name.
Local Collection Accounts
Own-name local accounts in key markets, enabling you to receive funds as though you were banking locally. This eliminates intermediary charges and reduces friction for overseas counterparties.
Account Management
Full online access to account balances, transaction history, and payment initiation. Approval workflows, user permissions, and reporting built in. Dedicated support from your Oku Markets team.
Key Features
- — Currency accounts in your business' name
- — Receive accounts in 30+ currencies
- — Transact in 130+ currencies
- — Local collection accounts in major markets
- — Multi-user access with approval workflows
- — Real-time balance and transaction visibility
- — Client funds are safeguarded
Client Story
Engineering Company
Multi-currency account structure supporting a manufacturing business across seven export markets.