The Internet’s Money

🇿🇦 Africa

Multi-currency business accounts in South Africa

6 of the providers we track offer this to businesses registered in South Africa: Bridge, Flutterwave, Payoneer, PayPal, Rapyd, Wise Business. With limits: BVNK.

BridgeStablecoin infrastructure
Available

Virtual accounts that give each customer fiat deposit details in USD, EUR, MXN, BRL, GBP or COP.

FlutterwaveRegional processor
Available

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.

PayoneerGlobal account
Available

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

PayPalPayment processor
Available

Hold balances in 20+ currencies inside a PayPal business account.

RapydPayment processor
Available

Every Rapyd client gets a Rapyd Wallet: a multi-currency balance with fiat and stablecoin support, sub-accounts, and virtual account numbers (vIBANs and local formats) for receiving transfers. Rapyd also documents a separate Rapyd Business Account for Hong Kong businesses (HKD, USD, EUR and GBP balances; HK, UK and Europe receiving accounts).

Wise BusinessGlobal account
Available

Hold 40+ currencies and get local account details in around 10 of them.

BVNKStablecoin infrastructure
Limited

Virtual accounts and embedded wallets for your customers.

Offer this, but not to businesses in South Africa: Adyen, Airwallex, Mercado Pago, Mercury, Paystack, Razorpay, Stripe, Xendit.

Multi-currency account in South Africa: common questions

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

6 of the providers we track offer this to businesses registered in South Africa: Bridge, Flutterwave, Payoneer, PayPal, Rapyd, Wise Business. With limits: BVNK.

More for businesses in South Africa