Question 1

What is a multi-currency business account?

Accepted Answer

A multi-currency business account lets eligible businesses receive, hold, convert and send payments in more than one currency, such as USD, EUR, GBP or other supported currencies, from a single dashboard. Availability depends on provider, partner and jurisdiction.

Question 2

Does iTeller offer business bank accounts?

Accepted Answer

iTeller is not a bank. iTeller helps eligible businesses access supported virtual account, payout, crypto on/off-ramp and payment services through available partners, subject to KYB and compliance checks.

Question 3

Can I get USD, EUR and GBP accounts?

Accepted Answer

USD, EUR, GBP and other supported currency access may be available depending on business profile, supported regions, partner approval and compliance review.

Question 4

What are virtual accounts?

Accepted Answer

Virtual accounts are account-like references — often including virtual IBANs or local routing details — that help businesses receive and reconcile incoming payments. They support payer identification, collections at scale and multi-currency operations where partners allow.

Question 5

How is iTeller different from Wise, Revolut and Airwallex?

Accepted Answer

Wise, Revolut Business and Airwallex are well-known multi-currency providers focused mainly on fiat. iTeller adds crypto on/off-ramp, USDT and USDC settlement workflows and an OTC desk on top of supported multi-currency, payout and virtual card features. The best fit depends on the business model and regions involved.

Question 6

Can I receive USDT or USDC and convert to fiat?

Accepted Answer

Eligible businesses can receive supported stablecoins such as USDT and USDC and convert them into supported fiat currencies through iTeller's off-ramp workflows where available, subject to limits, fees and compliance review.

Question 7

Do I need KYB?

Accepted Answer

Yes. Business onboarding usually requires KYB, company documents, ownership information, director details, business activity review and source-of-funds checks.

Question 8

Are there fees?

Accepted Answer

Fees may include account fees, FX spreads, payout fees, card fees, conversion fees or partner costs. Users should review all fees before confirming transactions.

Multi-Currency Business Account for Global Payments