Receive international payments as if you were a local business

If you receive payments from overseas customers, the traditional approach — asking them to make an international transfer to your UK account — creates friction, cost, and delay. Collection accounts solve this by giving you local bank account details in the countries where your customers are based.

With a collection account, your US customers can pay you via ACH as if you were a US business. Your European customers can make a SEPA transfer. Your customers in Asia can use local payment rails. From their perspective, they're making a domestic payment — fast, cheap, and familiar.

The funds are then converted and swept to your home currency account at competitive rates, on a schedule that suits you. The result is faster receipt of funds, lower costs for your customers, and a more professional payment experience that can improve conversion rates.

Your Freedom Global specialist will assess which collection account currencies would benefit your business most and introduce you to the right provider — one with the geographic coverage, conversion rates, and operational reliability you need.