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BUSINESS CURRENCY ACCOUNT

Currency accounts built for your international ambitions

Send and receive USD and GBP payments frictionlessly. Instant account opening, API automation, and direct access to investment funds — everything you need to trade internationally and grow your surplus cash.

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Operational in minutes, built to perform at scale

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Why open a currency account?

Do you regularly invoice or pay international partners? A currency account lets you collect, hold, and spend foreign currencies without systematic conversions:


1. FX savings: cut the recurring fees and FX margins charged on the way in and on the way out.

2. Pay directly in foreign currency: reuse what you collect to pay suppliers in the same currency, without routing funds back through euros.

3.Protect your treasury: shield yourself from spot exchange rate swings on your day-to-day operations.


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Instant opening, full autonomy

We offer one account per currency (GBP and USD). Once your relationship manager activates the feature, you have full autonomy to open and manage your account, along with the transactions running through it.

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A real bank account, not a wallet

Each currency account comes with its own French Memo Bank IBAN and a dedicated USD or GBP BIC (MEMOFRP2USD or MEMOFRP2GBP): your transactions are handled by a licensed bank — not a PSP running a wallet or e-money account.

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USD and GBP payment automation via API or EBICS

Schedule, trigger, and approve your USD and GBP transactions at scale, with no manual intervention, from our payments API or via EBICS. Need to pay in other currencies? Initiate payments in 104 currencies directly from your EUR current account or through our connectivity solutions.

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Transaction categorization via virtual IBAN

Assign a bidirectional virtual IBAN (vIBAN) to each client, team, project, or supplier, and reconcile your incoming and outgoing flows quickly and accurately.

schema virtual iban settlement account
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Delegate tasks without compromising security

Set read or write access for each team member on your currency account (USD or GBP), and build secure, custom approval workflows for every outgoing transfer.

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Performance and security, combined for your currencies

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A multi-currency hub, right in your workspace

With EUR, USD, and GBP, your workspace becomes a multi-currency hub for managing and growing your cash across all three major currencies. And it's only the beginning: more currencies are coming soon.

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Earn on your cash, without locking it up

Transfer your GBP or USD surplus directly from your Memo Bank interface into Amundi STAR, our investment fund, liquid within 24 hours. These funds aim for a return above the SOFR (USD) and SONIA (GBP) reference rates.

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The strength of a French full-service bank

Memo Bank is a credit institution licensed by the European Central Bank (ECB), supervised by the ACPR (French Prudential Supervision and Resolution Authority), and registered with ORIAS. With our currency account, you get the security of a French bank held to the strictest banking protection standards.

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Priority execution on your GBP and USD transfers

This currency account is powered by our partnership with BNY, the world's largest custodian bank. It gives you priority, secure execution for your transfers on the GBP and USD networks.

Optimize your USD and GBP cash, starting today

  1. 01USD or GBP current account, accessible from your first $/£

  2. 02Currency safeguarding account

  3. 03Issue currency payment orders directly via API or EBICS

  4. 04Financial segmentation and analysis via virtual IBANs

  5. 05Real-time categorization and tracking of your transactions

  6. 06Access rights configuration for your team

  7. 07Approval workflows for your payments

  8. 08Access to liquid USD or GBP investments

Frequently asked questions about the Memo Bank currency account

How do I open a currency account for my company?

Once you've requested it from your relationship manager, you open your currency account directly from your workspace — in seconds, entirely on your own.

Can I automate international transfers via API?

Yes. The Memo Bank payments API lets you schedule, trigger, and approve USD or GBP transfers at scale, with no manual intervention. From your EUR current account, the API also lets you issue payments in 104 currencies.


Discover our payments and collections API


Is the Memo Bank currency account secure?

Yes. Memo Bank is a credit institution licensed by the ECB and supervised by the ACPR, with strong prudential ratios reflecting robust governance. The currency account is also backed by our partnership with BNY, the world's largest custodian bank, ensuring secure execution on the dollar network.


Read our financial report

What exchange rate applies to EUR-to-USD or EUR-to-GBP treasury transfers?

For transfers between your Memo Bank EUR and USD or GBP accounts, the exchange rate and the exact euro amount to be debited are displayed before you confirm each transfer to your USD or GBP current account.

Can I put my idle USD or GBP cash to work?

Yes. From your Memo Bank interface, transfer your USD or GBP surplus into an investment fund that's liquid within 24 hours and indexed to SOFR or SONIA.



Discover our Amundi STAR fund

Do you offer currency safeguarding accounts?

Yes. We currently offer a USD safeguarding account. If you're interested in this account type, or need safeguarding in another currency, get in touch with your relationship manager.