Cross-border payouts / multi-currency
Pay or collect internationally across currencies. Below is the product stack you need, with verified European providers for each layer - compare by EEA data residency, licence and regulator.
How the stack fits together
Cross-border products combine two things that are easy to confuse: the FX and international rails that move money between currencies, and the multi-currency accounts where balances sit and local payments arrive. A provider can be strong at one and thin at the other - some run pooled accounts with no customer-level IBAN, others open real local accounts in each currency. Price the FX margin and the account model together, not one at a time.
Step 1 — FX and cross-border rails required
Currency conversion and international settlement.
What to check: Ask for the FX margin over mid-market at your volume, which corridors run on local rails rather than SWIFT, and settlement times per corridor.
- AKCENTA EU core Czechia
- Banking Circle EU core Luxembourg
- Currency One EU core Poland
In the catalogue — Cross-border payments / FX: 43 live providers, 22 with data in the EEA; 26 e-money and 9 payment institutions, 22 of UK origin.
Browse all: Cross-border payments / FX
Step 2 — Multi-currency accounts required
Hold and collect in multiple currencies / local IBANs.
What to check: Check whether each customer gets a dedicated IBAN or a pooled account with references, and in which currencies balances can be held.
- Adyen EU core Netherlands
- Bankera EU core Lithuania
- Banking Circle EU core Luxembourg
In the catalogue — IBAN sponsor: 52 live providers, 37 with data in the EEA; 21 IBAN country codes between them, 34 documenting SEPA Instant.
Browse all: IBAN sponsor
Step 3 — Verify customers optional
Onboarding and AML.
What to check: Cross-border flows draw closer AML scrutiny - check sanctions screening and how the provider treats high-risk corridors.
- Authologic EU core Poland
- Fourthline EU core Netherlands
- iDenfy EU core Lithuania
In the catalogue — KYC/KYB: 35 live providers, 18 with data in the EEA; document checks at 23, biometrics at 20, business (KYB) checks at 13 and national eID at 3.
Browse all: KYC/KYB
Sovereignty notes
- European FX provider with local IBANs and transparent settlement currencies.