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set-up-multi-currency-business-accounts-in-minutes-with-infinity

Set Up Multi-Currency Business Account in Minutes with Infinity

Set Up Multi-Currency Business Account in Minutes with Infinity

Posted on December 16, 2024

In today’s globalised world, businesses are no longer bound by borders. Whether you're a startup exploring international markets or an established enterprise managing global transactions, having access to a multi-currency business account is a game-changer. With Infinity, opening an international business bank account in India is no longer a complex or time-consuming process.

Here’s how Infinity simplifies the process and empowers businesses to manage cross-border payments seamlessly.

Why Your Business Needs a Multi-Currency Business Account

A multi-currency business account allows you to hold, send, and receive funds in multiple currencies. This eliminates the need to convert foreign payments into your home currency, saving you from hefty exchange fees and enabling smoother international trade.

For businesses in India expanding globally, having a reliable international payment solution is essential. Traditional methods of opening an international bank account in India often involve lengthy documentation and prolonged approval processes. Infinity changes the game by offering a faster, more efficient solution.

How Infinity Simplifies Multi-Currency Business Banking

1. Quick Account Setup

Forget the endless paperwork and long wait times associated with traditional banking. With Infinity, you can set up your multi-currency business account in just a few minutes. Our streamlined digital onboarding process ensures minimal hassle while maintaining compliance with global financial regulations.

2. Hold and Manage Multiple Currencies

Manage multiple currencies from a single account. Whether you need to receive payments in USD, EUR or GBP, Infinity ensures smooth, cost-effective transactions.

3. Transparent Fees

Say goodbye to hidden charges. Infinity provides clear, upfront pricing for all transactions. You’ll know exactly what you’re paying for—no surprises, no inflated exchange rates.

4. Real-Time Payment Tracking

Monitor your payments in real-time. Infinity’s intuitive dashboard allows you to track transactions, ensuring transparency and control over your funds at all times.

5. Regulatory Compliance Made Easy

For businesses wondering how to open an international bank account in India, regulatory compliance is often a major hurdle. Infinity handles this complexity for you, ensuring your account complies with all necessary local and international regulations.

Documents Required to Create International Bank Accounts With Infinity

Here’s a list of the documents you must procure before signing up on the Infinity’s platform.

For Private Limited Companies in India, we require the following:

• GST Certification

• Company PAN

• Certificate of Incorporation (CIN)

• PAN details of two directors

• Beneficiary information

For Partnership Firms, the required documents include:

• Partnership Deed

• Firm PAN

• GST Certification

• Details of the partners

Steps to Set Up Your Multi-Currency Business Account with Infinity

Setting up your multi-currency business account with Infinity is straightforward:

1. Sign Up

Begin by signing up on Infinity’s dashboard platform. Our user-friendly interface guides you through the entire process. Provide email ID and set-up login password. An OTP will be shared on the same ID for authentication.

2. Provide Required Documents

Once the sign-up part is done, you can log in to Infinity’s dashboard using the same email ID and password. Upload the necessary documents ( as mentioned above) for KYB. Our secure system ensures your data is protected at all times.

3. Verification

Once your documents are reviewed and approved, your KYB is complete and your account is ready to go. This process is typically completed within minutes, unlike the weeks it might take with traditional banks.

4. Start Managing Your Funds

Begin receiving and managing payments across multiple currencies like USD/GBP/ EUR—all from one seamless platform.

Benefits of Using Infinity for Your International Payments

1. Cost Efficiency

Traditional banks often charge exorbitant fees for cross-border transactions. With Infinity, you enjoy competitive rates, saving your business money on every transaction.

2. Global Reach

Accept payments from clients and customers in any currency across the world.

3. Time Savings

Eliminate the delays typically associated with international banking. With Infinity, payments are processed within one business day, ensuring smoother cash flow for your business.

4. Secure Transactions

Infinity uses advanced security protocols to ensure all your transactions are safe and secure.

Who Can Benefit from Infinity?

Infinity is ideal for:

• Small and Medium Enterprises (SMEs): Looking to streamline global payments.

• Startups: Expanding their presence in international markets.

• Freelancers and Remote Teams: Managing payments from international clients.

• E-commerce Businesses: Catering to global customers and suppliers.

Why Choose Infinity for Your Business?

Whether you're exploring how to open an international bank account in India or looking for a way to simplify your global transactions, Infinity is the solution. We are committed to helping businesses grow without the friction and inefficiency of traditional banking systems.

Ready to Simplify Your Global Payments?

Take your business to the next level with Infinity. Setting up a multi-currency business account has never been easier. Join thousands of businesses leveraging Infinity to streamline their international payments and save time, money and efforts. Open your account now.


An All in one Banking Platform for SMBs and Startups

© 2024 Scalifi Wealth Pvt Ltd.

AMFI

ARN

274654

+91 95354 82864

support@infinityapp.in

Disclaimer: Mutual fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs.

An All in one Banking Platform for SMBs and Startups

© 2024 Scalifi Wealth Pvt Ltd.

AMFI

ARN

274654

+91 95354 82864

support@infinityapp.in

Disclaimer: Mutual fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs.