The Internet’s Money

🇸🇴 Africa

Multi-currency business accounts in Somalia

1 of the providers we track offer this to businesses registered in Somalia: Payoneer. With limits: Flutterwave.

PayoneerGlobal account
Available

Receiving accounts in USD, EUR, GBP and other major currencies.

FlutterwaveRegional processor
Limited

Virtual account numbers for receiving NGN and GHS bank transfers (by default for merchants in Nigeria and Ghana; others must ask). NGN-only wallets (payout subaccounts) can be created for your users. Flutterwave also holds a Nigerian microfinance banking licence and offers a Flutterwave MFB business account.

Offer this, but not to businesses in Somalia: Adyen, Airwallex, Bridge, BVNK, Mercado Pago, Mercury, PayPal, Paystack, Rapyd, Razorpay, Stripe, Wise Business, Xendit.

Multi-currency account in Somalia: common questions

Which providers can a business in Somalia use to hold multiple currencies?

1 of the providers we track offer this to businesses registered in Somalia: Payoneer. With limits: Flutterwave.

More for businesses in Somalia