01 / PRACTICAL PRODUCT DETAILS
UK Ltd Fiat Payments When Working with Digital Assets
If the company sells software, provides technology services, receives agency fees or carries on another business connected with digital assets, a bank account is needed for ordinary fiat expenses and receipts: contractor payments, service subscriptions, client invoices and supplier payments.
For European payments, EUR/IBAN is convenient; for British payments, GBP; for international payments, USD; for the Swiss direction, CHF. With several payment flows, a second account can be opened and payments divided by currency or region.
For a bank request, the company’s actual activity, counterparty countries, currencies and expected payments are stated. We select the banking or payment product for the real business rather than changing the business description for the sake of an account.
Tell us which ordinary payments the company will receive and send. We will select a EUR, GBP, USD or another account for the actual activity.