We’re expanding Yativo’s global rail network. Below is a full rundown of the new virtual account currencies, SWIFT wire reach, and local payment rails now available on the platform.
New Virtual Accounts
Clients can now open virtual accounts in the following local currencies:
| Local Currency (Businesses only) |
|---|
| USD |
| EUR |
| GBP |
| SGD |
| CAD |
| AUD |
| DKK |
| AED |
| NGN |
| PHP |
Expanded SWIFT Wire Coverage
Alongside local currency accounts, we are also launch inbound SWIFT virtual accounts for the followingbroad set of currencies, including:
USD, EUR, GBP, SGD, CAD, AUD, DKK, AED, JPY, HKD, CNH, CHF, NOK, SEK, NZD, KWD, OMR, QAR, SAR, THB, TRY, BGN, BHD, CZK, HUF, ILS, KES, PLN, RON
This gives you significantly more flexibility to send and receive funds internationally, without needing to manage to have local entities in these countries
New Payment Links and Local Payout Rails
We’ve also launched Payment Links and local payout rails for the following currencies:
| Currency |
|---|
| AED |
| CAD |
| IDR |
| MYR |
| ZAR |
| THB |
| PHP |
| PYG |
| BOB |
This means clients can now collect payments via Checkout Links and disburse funds through local payout rails in these markets expanding our reach across the Middle East, North America, Southeast Asia, Africa, and Latin America.
What This Means for You
- More account currencies to hold and manage funds without unnecessary conversion.
- Broader SWIFT reach for cross-border wire transfers in currencies your business already operates in.
- New local collection and payout options, making it easier to get paid and pay out in-market, in local currency, without relying solely on international rails.
If you’d like to add any of these new accounts, Checkout Links, or payout rails to your integration, reach out to your Yativo account manager and we’ll get you set up.