The multi‑currency account for global business

A multi-currency business account allows businesses to receive, hold, convert and send multiple currencies through named accounts using local and international rails, and make domestic and cross-border payments easily.

Forced conversion is when a business account automatically converts incoming foreign currency into your base currency, whether or not you want it converted. You pay an FX spread on the way in, and again when you convert back to pay a supplier. Finmo holds 27+ currencies as received, so conversion only happens when you choose it.

There is no account opening fee, minimum balance, monthly account fee, annual fee, setup fee or minimum transaction requirement.

Singapore-incorporated companies can apply in a few minutes. The application is fully online, and Singapore businesses can verify using MyInfo Business with Corppass and Singpass.

Yes. Finmo supports non-resident accounts (NRAs), allowing eligible foreign businesses to open a business account in Singapore even if they are not incorporated in Singapore. Eligibility and required documentation depend on the business and jurisdiction.