Neo multi-currency account
Simplify your banking pool by using a single IBAN for all your currency holding. Collect from clients, pay suppliers, rebalance funds between your banks, all in one place.
Always appear as the originator when you pay and the beneficiary when you get paid.
One IBAN that receives 25 currencies without auto-conversion.
Settlement is same-day on most currencies and reduces inventory days.
Work in the same currencies as your supply chain. Track the status of payments and control the associated costs. With Neo, you can grow internationally without the headache of finding multiple banks to support your business all over the world.
Send funds to 100+ countries in 25 currencies. Make sure your counterparties always receive the exact amount of funds in time.
Simplify business relationships with your clients and get paid in their home currencies.
Track payments and share their status with your counterparties using SWIFT UETR tracking numbers. You always know where the funds are in real time.
With 80+ data points available for payments, balances and trades, you can build in-depth reporting.
Neo works as a cash pooling solution. We help you streamline your cross-border operations by centralising all your cash flows in a single point.
Neo is a financial connected member of SWIFT. Get access to the SWIFT international payment network in major currencies.
Settle your Euro denominated operations like a local across the 36 countries participating in the Single Euro Payments Area.
Your Neo account is connected via SWIFT to more than 13,000 banks across the world.
Work across the world with more than 100+ countries reachable.
Your account accepts 25 currencies natively. No auto conversion is applied. You always get what you have been paid.
Neo has joined the SWIFT GPI initiative that allows Neo clients to track their payments in real time.
Operate in any of the 25 supported currencies. Simplify book keeping reconciliations and avoid auto conversion of funds received that most banks or PSPs apply.
| Code | Name | Cut-off time (CET) | Settlement date |
|---|---|---|---|
 AED |
Emirati Dirham | 15:00 | Next day |
 AUD |
Australian Dollar | 15:00 | Next day |
 BGN |
Bulgarian Lev | 13:30 | Same day |
 CAD |
Canadian Dollar | 15:30 | Same day |
 CHF |
Swiss Franc | 14:00 | Same day |
 CNY |
Chinese Yuan | 14:30 | Next day |
 CZK |
Czech Koruna | 11:30 | Same day |
 DKK |
Danish Krone | 11:00 | Same day |
 EUR |
Euro | 14:00 SEPA / 16:15 SWIFT | Same day |
 GBP |
Pound Sterling | 17:00 | Same day |
 HKD |
Hong Kong Dollar | 15:00 | Next day |
 HUF |
Hungarian Florin | 14:00 | Same day |
 ILS |
Israeli Shekel | 15:00 | Next day |
 JPY |
Japanese Yen | 15:00 | Next day |
 MXN |
Mexican Peso | 14:30 | Same day |
 NOK |
Norwegian Krone | 11:00 | Same day |
 NZD |
New Zealand Dollar | 15:00 | Next day |
 PLN |
Polish Zloty | 13:30 | Same day |
 RON |
Romanian Leu | 12:00 | Same day |
 SEK |
Swedish Krone | 11:00 | Same day |
 SGD |
Singapore Dollar | 15:00 | Next day |
 THB |
Thai Baht | 15:00 | Next next day |
 TRY |
Turkish lira | 10:00 | Next day |
 USD |
United States Dollar | 17:00 | Same day |
 ZAR |
South African Rand | 11:00 | Same day |
Get paid in your clients’ currencies.
Let your clients pay you in their home currency.
Receive exactly the amount that you have invoiced. Neo does not apply auto conversion of funds.
Your clients can settle via SWIFT or SEPA for Euro.
See all the details of your payments for better reporting.
We make international payments easy for your business.
Make payments in any of the supported currencies.
Most of your payments are processed “same day” which means your beneficiaries’ bank receives the funds within 24 hours.
You can create an entire schedule of payments in advance and focus on other tasks.
Access a granular role and permission structure to control who creates and who validates payments in your team.
With comprehensive blotters, you can always access all of your payment data at any time. Increase the quality of controls and reporting.
Everything is there. We let you access all of the data included in the payment message. Date, amount, originator IBAN, bank, receiving time, cost structure and more.
Work on your payments list from the platform. You no longer need to spreadsheet to find what your are looking for. Sort payments across multiple criteria in a click.
Create personal layouts depending on your goals. Not everyone has the same needs in a treasury team, so each member can create unlimited layouts and work their own way.
Access all your payments at all times. No limit in history. Perform audits on payments issued years ago in the blink of an eye.
Store all your payers and beneficiaries in one place. Improve internal due diligence and streamline compliance validation from the Neo platform.
Manage an unlimited number of counterparties.
Our compliance engine screens and scores each counterparty at submission so you know acceptance status before any payment takes place.
We validate the accuracy of the bank account formats for each counterparty.
Store any relevant documents within your counterparty environment and anticipate compliance requests for information.
All your payers & beneficiaries in one place
Work with a support team that understands your business model, knows cross border payments and is responsive. We truly care about your business.
Official foreign currency exchange partner
