Open a Multi-Currency Account with MTFX

    As a leading FX specialist, MTFX makes it simple for businesses to open and use a multi-currency account. Hold, send, and receive in 50+ currencies, access bank-beating exchange rates, and manage global payments all in one place.

    • Send and receive money in 50+ currencies

    • Low fees and transparent FX rates

    • Manage all payments from one account

    • Quick, reliable international transfers

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    What is a multicurrency account?

    A multi-currency account or a foreign currency account allows you to hold and use different currencies in one place. Instead of opening separate bank accounts, MTFX gives you one platform where you can open and manage balances in CAD, USD, EUR, GBP, and more. This makes business international payments faster, lowers conversion costs, and avoids unnecessary delays. With MTFX’s multi-currency account, clients can pay you in their local currency while you pay international suppliers without extra fees.

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    Hold and manage multiple currencies

    Operate like a local in major markets with virtual account details in USD, EUR, GBP, AUD, and more - the ideal solution for any multi-currency business account.

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    Fast, low-cost payments

    Send and receive international payments without costly conversion fees or delays. It’s also the best way to exchange CAD to USD for businesses working across North America.

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    Global reach, local banking experience

    Get local account numbers for key markets like the US, so clients can pay you as if you were a domestic vendor.

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    Built-in FX solutions

    Convert currencies at competitive rates when it suits your business strategy, not your bank’s.

    THE MTFX ADVANTAGE

    MTFX's smart foreign currency account

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    Managing global payments is easier with an MTFX multi-currency account if you pay and receive in multiple currencies. MTFX helps you hold, send, and receive in a number of currencies from a single platform. You can save money and time compared to a traditional multi-currency bank account.

    Open your foreign currency account with MTFX

    Hold, send, and receive in 50+ currencies at bank-beating rates.

    Set up your multi-currency account in minutes

    Quick setup, global reach.

    • 1
      Sign up in minutes

      Get started quickly with fast, hassle-free onboarding.

    • 2
      Open a local currency account

      Get your virtual account details in a few minutes.

    • 3
      Accept payments in local currency

      Get paid in local currencies without worrying about conversions.

    • 4
      View your balance

      Keep an eye on your finances for improved cash flow planning.

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    Take control of your global payments

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    Managing cross-border transactions is simple with an MTFX multi-currency account. You can hold balances in multiple currencies, pay partners abroad seamlessly, and access live FX rates with tools like the Canadian foreign exchange calculator. It’s one of the most efficient ways to exchange currencies, and with a built-in currency converter, handling international transfers becomes effortless.

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    Withdraw locally

    Move earnings into your Canadian bank or any local account worldwide.

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    Pay your way

    Manage payments in multiple currencies and save time with batch transactions.

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    Convert funds

    Convert at bank-beating rates with no hidden fees, using tools built for businesses.

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    Hold multiple currencies

    Keep CAD, USD, EUR, and more in one place. This is the best multi-currency bank account setup for global companies.

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    Bank-beating rates

    Enjoy exchange rates up to 4% better than traditional banks.

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    No hidden fees

    Get transparent pricing with no hidden fees or unexpected costs.

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    Faster transfers

    Send and receive payments quickly to keep business moving.

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    Global reach

    Automate bulk payments to multiple recipients worldwide.

    Access global markets with one account

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    Open a multi-currency business account with MTFX and manage payments worldwide. It is the best way to exchange CAD to USD, pay suppliers abroad, and keep more control over your international transfers.

    Frequently asked questions

    Open your multi-currency account now

    Hold funds in different currencies and only convert when it suits you.