A Global Account is like an international bank account in a currency of your choice. Verto offers Global Accounts in 25 different currencies, including United Arab Emirates dirham.
You receive unique bank details in your business’ name, giving you the ability to receive third-party payments (e.g. from customers) to the account. You can use your Global Account to hold the currency chosen, convert into other currencies, and pay out to bank accounts.
All Global Accounts have a unique virtual IBAN (international bank account number) to receive payments in the currency of your choice via SWIFT. You can also send payments from Global Accounts to almost any country in the world.
Find out more about how to open a Global Account here.
Find out more about restricted destinations for outbound payments here.
If you have more questions about Global Accounts please reach out to us via live chat