Multi currency account for businesses in India
Even if your company has a variety of financial demands, you don't need a slew of bank accounts, credit cards, transfer accounts, or a never-ending list of SaaS subscriptions. The best business multi currency account in India that help you keep track of all of your payables and receivables. Your business can actually take off with no minimum balance, no limits, and low fees.
Volopay allows you to manage a business multi currency account. It enables you to send money worldwide more quickly and at a lower cost than a regular bank business account. Save the money you'd have spent on remittance fees and traditional transfers.
Domestic transfers take seconds with the use of a domestic business bank account in India, from vendor payouts to salary disbursement to your staff. Because all transactions are logged in real-time, keeping track of your department is a breeze.
Without the burden of several statements and reconciliations, you can manage and control all of your expenses from a single account.
Do you have a list of international merchants that you need to pay? Or possibly employees who work remotely? Get rid of the days-long wire transfers that accrue fees with each destination they visit.
With our multi-currency account India, you can send money to over 180 countries in a timely and transparent manner. Transfers money at a low FX rate with low remittance fees.
For optimal operations, you don't always require to have funds in your multi currency account India wallet. Having a business credit line might make it easier to manage spending and earnings. Apply for a flexible credit line and no personal guarantees are required. Just a quick review and approval.
Set budgets, controlled spending, and approval lines are all included on the cards, making spending legal. Rather than chasing money, your staff may make business purchases with ease. The spending is tracked in real-time because the cards are linked to your business multi currency account.
Your business account is more than just a place where you may keep your money. You have a dedicated way to handle all of your accounts payable and receivable with a multi-currency account India ledger.
When you have transparency and a maker-checker system in place to make timely payments, vendor management becomes much easier. No invoices go unpaid, and no receipts are misplaced.
No more switching between multiple bank accounts and tools to run your smart business. We have combined great software with every service you are using a bank for, to produce a state-of-the-art financial platform.
Empower your employees with physical and virtual cards
Manage and track every dollar that leaves your company
Open a global account with multi-currency payments.
Manage vendors, approve invoices and automate payments.
Save hours daily, and close your books faster every month.
Integrate with the all the tools and software that you use daily.
Business Bank Account
Every transaction linked to an employee
Pre payment approvals
Unlimited virtual cards
Real-time spend tracking
Mobile App to manage cards
Automated expense reports
Flexible credit lines
You can now manage all approvals, accounts, bills, reimbursements, accounting, and cards from a single dashboard.
Set up advance payments for vendors, expedite payroll, and fund your business credit cards for domestic use. Local money transfers at a moment's notice, with real-time reporting for greater management and approvals.
Your international payments are as simple to manage as your local payments. You can send money to anyone, anywhere in the globe, using the Bill Pay dashboard. All payments are logged in the ledger so you can see when, when, and how much you spent.
Make a truly global impact by paying overseas merchants using the best multi currency account India has to offer to businesses to hold money in multiple currencies and pay vendors and employees without the time-consuming processes and fees that come with traditional wire transfers. We offer some of the industry's best FX rates, as well as support for over 180 currencies.
Stop doing your bookkeeping the old-fashioned way. Automate your accounting for real-time synchronisation and reconciliation of all transactions from a simple card swipe to a large payment. With the help of integration with your choice of accounting software, everything is neatly reported, documented, and accounted for.
Use Volopay's corporate credit line to make spending easier for your company. Your company's growth will be aided by the flexible cycles and simple approval process. A truly flexible credit line that will help your business credit score.
You can manage all of your bills in one spot. Create suppliers, enter them into the system, and keep a detailed record of payments and invoices. For easy reconciliation and accounting, the bill pay platform keeps all payments, POs, invoices, and receipts in one place. It's also easier to avoid late fees if you set up monthly payments in advance.
Looking to open a business account? Know the step by step guide to open a corporate account in India to manage business expenses.
Get a detailed understanding of the different kinds of cross-border settlements and how it work in India.
Read up on snippets of the latest news and updates on business bank accounts in India.
Ever since a report on the government banning about 138 gambling apps and 94 loan apps over concerns of “Chinese linkages" came out, the industry is in a panic mode.
Key things to keep in mind are 1. International money transfer regulations, 2. Reliability of the transaction, 3. Plan the transaction ahead of time, 4. Rates offered and expenses, 5. Convenience, 6. Customer Service.
Reduce business bank account charges by 1. Preferring online banking platforms 2 Be vigilant about transaction limitations 3. Decline overdraft protection 4. Go for email statements instead of postal statements.
A multi-currency exchange wallet works the same way as a digital wallet. It lets you perform a series of standard functions to all multi-currency business accounts, though some platforms offer additional features.