A multicurrency account functions like a checking account, but one that can speak multiple (financial) languages. It helps you to conduct transactions in a range of currencies, all in one place and ...

Peer-to-peer (P2P) foreign currency exchange platforms safely connect individuals to swap currencies. P2P offers significant savings with no bank or broker fees.

Managing currency exchange can be a complex task, especially for businesses engaged in international trade. Currency ...

How do multicurrency accounts safeguard businesses operating on the global stage? This question is more relevant than ever in today's world, where international trade fuels countless enterprises.

The Report of Foreign Bank and Financial Accounts (FinCEN Form 114) commonly called the FBAR is a crucial reporting requirement for U.S. persons with foreign financial accounts. With the deadline for ...

The RBI amended FEMA regulations to allow longer repatriation timelines for exporter accounts maintained in IFSCs. The key takeaway is enhanced flexibility for exporters using IFSC banking ...

On Friday, Metropolitan Bank announced that its banking channels are now available for small, medium, and micro-enterprises ...

Nigerian banks introduce a 10% withholding tax on foreign currency deposit interest from January 1, 2026, amidst President Tinubu's tax reforms for a fairer system.