A euro account for working with European clients: receive EUR payments, pay suppliers, and manage euro balances without a conversion in the middle.
European counterparties ask for euro details and pay by SEPA. Without them, every invoice becomes a negotiation about how the money will actually arrive.
Euros converted on arrival and converted back to pay a euro invoice cost two spreads on money that never needed to change currency.
One account collecting every currency makes reconciliation harder than it needs to be, because attribution is deferred to the end of the month.
A EUR business account is a company account holding a balance denominated in euros, with EUR IBAN details attached to it. Euros received stay as euros; euro invoices are paid from them.
Two layers sit behind that. The euro balance holds the funds and is what payments are made from. The EUR IBAN account carries the details third parties use to pay in — receiving from a client or a platform always runs through the IBAN side. Payments travel SEPA inside the SEPA area, SEPA Instant as a scheme within it where available, SWIFT from further afield, and internally between Fenryx accounts.
The euro balance sits inside a multi-currency account rather than standing alone, so euros are one of the currencies the company holds beside the others it earns and pays in. Moving between them is a conversion whose cost you see before confirming, not something applied at the edge of the system.
EUR IBAN accounts handle the receiving side. Payments out travel SEPA, SEPA Instant where available, SWIFT or internally. Every payment carries a status on the platform and reaches an export that keeps its reference. The account opens online through KYB review, and the currencies available on it are agreed for your account rather than published as a fixed list.
Apply online, documents sent remotely. Every account opens through KYB review.
Details to receive from third parties over SEPA, SEPA Instant where available, or SWIFT. See IBAN account.
Euros held beside the other currencies you work in. See currency accounts.
Payments out over the rail that fits the destination, beneficiaries saved for next time.
Each payment holds a status; periods export with detail and references intact.
Clients pay by SEPA into EUR IBAN details, and the euros stay euros until the company decides otherwise.
Contractors invoice in euros and are paid from the euro balance, so the payment does not open with a conversion.
Platform settlements land in euros on details of the seller's own rather than arriving converted.
Euro flows kept on their own account for cleaner reconciliation. See international business accounts.
Tell us who pays you in EUR and who you pay, and we will confirm what is available for your account before any paperwork starts.
Open a EUR business accountWorking in dollars too? See the USD business account.
Tell us about the company and its euro flows.
The company and its owners are verified.
Euro balance, EUR IBAN details and users configured.
Publish your details, or send your first euro payment.
| Account fee | Quoted per account |
| Transaction fee | Quoted per rail |
| Conversion | Rate and cost shown side by side |
| Limits | Set at onboarding |
Registered legal entities only; we do not open personal accounts. A company does not need to be registered in the EU to hold euros — the balance is about the currency, not the jurisdiction.
What it does depend on is business type, jurisdiction and the outcome of KYB review, and screening continues for the life of the account. No account or currency is guaranteed beforehand.
A summary. See our AML Policy.
A business account holding a balance denominated in euros, with EUR IBAN details clients can pay into. Euros received stay as euros and euro invoices are paid from them.
The application is online and documents are sent remotely. Every account opens through KYB review, so it goes live once that review is complete rather than on a timetable we could promise in advance.
Yes. EUR IBAN accounts are how third parties pay you — the details are yours to publish, and funds land on the euro balance behind them. See IBAN accounts.
Yes, on an IBAN account. SEPA carries euro payments inside the SEPA area; SEPA Instant is a scheme within it and applies where available; SWIFT covers payments arriving from further afield. Which rails apply to your account is confirmed at onboarding.
The account fee, per-transaction fees by rail, how conversion cost is shown relative to the rate, and whether payment details of your own are included. Figures are quoted per account, because they follow the currencies and volumes a business works with. For dollar flows, see the USD business account.
Tell us who pays your company in euros, and who your company pays.
Fenryx is operated by Globally United Tech Corporation, a money services business registered with FINTRAC in Canada, Vancouver, BC. Account availability, currencies, rails and limits depend on business type, jurisdiction and KYB review. Settlement timing depends on the rail and the receiving institution.