Unlock the Full Potential of Global Payments with GBP/EUR Named Accounts

At Rail, we’re constantly expanding and adding to our flexible suite of money-movement capabilities to give you and your customers everything you need. Let’s dive into how our product suite is designed to streamline your payments process — and how our GBP and EUR named account capabilities offer even greater flexibility and power.

Whether you’re a global enterprise, a growing fintech, or a crypto exchange, this feature combines with other Rail capabilities to enable things like seamless local transactions in USD for your international clients and their customers—bridging gaps between currencies and geographies with ease.

More than an account

With GBP and EUR named accounts you can simplify collections without incurring high foreign transaction fees and lengthy processing times — all while pairing with other tools in Rail’s product suite for next level impact:

• On/Off-Ramping: Seamlessly convert between EUR and GBP and digital currencies
• USD Local Transactions: Allow your customers to transact in their local currency while seamlessly settling in USD.

Rail’s platform in action

For our clients, the ability to facilitate local transactions in USD for international clients and customers isn’t just a nice-to-have, it’s a competitive advantage. By integrating GBP/EUR named accounts into your payment workflows, you’re offering a smoother, more accessible experience for customers while optimizing operations.

How can businesses use — and customize — these features to eliminate barriers in international transactions?

• A UK or Europe-based company has US-based vendors and wants to pay them in USD. Or, alternatively, that same company is collecting funds from US-based customers and wants to convert that USD to Euro or GBP. With Rail, the company can manage these flows efficiently, reducing costs and administrative complexity.
• Or maybe a global company expands from Europe and hires new employees in the US — with Rail, they can seamlessly convert to and pay out those employees in USD.
• Or, say a crypto exchange onboards European users who prefer to deposit funds in GBP or EUR. By leveraging Rail’s named accounts, the exchange enables local payments for its users while settling transactions in USD to support its global operations.

Make the most of your payments platform

Whether you’re looking to simplify collections, improve payout processes, or create a seamless cross-border payment experience, Rail’s GBP/EUR named accounts are just one piece of the puzzle to help you build the perfect payments system for your business, all backed by our unprecedented commitment to redundancy and reliability. Get in touch with our team today to explore how Rail’s product suite—can help you (and your customers) thrive.

Let’s unlock the full potential of your global payments.