A dollar balance for invoicing US clients, paying suppliers and holding USD without a conversion at every step. Incoming and outgoing payments under one login.
Dollars arrive, convert into the home currency, then convert back when a dollar invoice needs paying: two spreads on money that never needed to move currency at all.
Conversion cost is folded into the rate rather than shown beside it, so the real cost of working in dollars only becomes visible after the fact.
International payments pass through intermediaries, and the delay is usually discovered when the other side says the money has not landed.
Traditional institutions often decline companies registered outside the country whose currency they want to hold, regardless of how ordinary the business is.
A domestic bank that treats every dollar transfer as an exception parks it under manual review, and the number of working days that adds is rarely quoted up front.
Money held in USD is not pushed into your home currency and back again when a dollar invoice falls due. Two conversions you never make are two spreads you never pay.
When dollars do have to become another currency, the rate and the cost stand side by side before you confirm, rather than being folded into a rate you cannot check afterwards.
The USD balance sits beside the other currencies your company earns and pays in, inside one multi-currency account — not one provider per currency.
Where third parties need to send you money directly, an IBAN account gives you payment details of your own to put on an invoice.
Every payment carries a status, and periods export with the detail and the references intact, so reconciliation means reading a file rather than rebuilding one.
Balances, payments, beneficiaries and approvals live under one login, and a question about a payment reaches somebody who can already see the account.
A USD account is the currency of the balance, not the country the company is registered in. Two layers sit behind it and they do different jobs: the USD balance holds the dollars and is what payments are made from, topped up from accounts belonging to your own company or from another Fenryx account. Where third parties have to pay you directly, that runs through an IBAN account, which carries payment details of its own.
Dollars held on a multi-currency account, funded from the company's own accounts and paid out over international rails.
An account number and routing number for domestic US rails. A separate capability: dollars can be held without them, and availability is confirmed for your account.
The USD balance sits inside a multi-currency account rather than standing alone. Dollars are one of the balances the company holds beside the others it earns and pays in, so moving between them is a conversion you can see the cost of, not a step that happens to you at the edge of the system.
Payments in and out travel over SWIFT for international transfers, or internally between Fenryx accounts. Every payment carries a status you can look up 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 promised as a fixed list.
Payments in and out sit under the same login as the balance they move, so a period does not have to be reassembled from a bank statement after the fact. When something needs a person rather than a screen, support answers against the account and its history instead of a general queue.
Customers pay in dollars, the dollars stay dollars, and nothing converts until the company decides it should.
The contractor invoices in dollars and is paid from the dollar balance, so the payment does not open with a conversion.
Dollar revenue is held as dollars and converted when the business chooses to, rather than at the moment each payment happens to arrive.
Currencies kept apart rather than funnelled through one balance, which removes conversions nobody asked for. See international business accounts.
Tell us who pays you in USD and who you pay, and we will confirm which payments your account can make before any paperwork starts.
Open a USD business accountRelated reading: multi-currency accounts and accounts for small business.
Tell us about the company and where its dollars come from.
The company and its owners are verified.
Balances, users and access are configured.
Receive dollars or send your first dollar payment.
Figures are quoted per account at onboarding — see how pricing works.
| Account fee | Quoted per account at onboarding |
| Transfer fee | Quoted per rail, shown before you confirm |
| Conversion | Rate and cost shown side by side |
| Incoming payments | No conversion where dollars arrive into the USD balance |
| Limits | Set at onboarding, reviewed against real activity |
Figures follow the currencies and volumes a business actually works with, so they are quoted per account rather than published as one price list.
Registered legal entities only; we do not open personal accounts. A company does not need to be registered in the United States to hold dollars, holding a USD balance is about the currency, not the jurisdiction.
What it does depend on is business type, jurisdiction and the outcome of KYB review, and the account stays under screening for as long as it is open. No account or currency is guaranteed before that review is complete.
A summary. See our AML Policy.
A business account holding a balance denominated in US dollars, so dollars received stay as dollars and dollars owed are paid from them. It is the currency of the balance that makes it a USD account, not the country the company is registered in.
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, within eligibility. Holding dollars does not require registration in the United States. It does require passing KYB review, and eligibility depends on business type and jurisdiction, so no account is guaranteed beforehand. See international business accounts for the wider setup.
A USD balance holds dollars. US local details, an account number and routing number used for domestic rails such as ACH, are a separate capability, and dollars can be held without them. Whether local details are available for your account is confirmed at onboarding. For balances in other currencies, see foreign currency accounts.
ACH is the domestic US clearing system, so an ACH payment only runs where an account carries US local details, the account number and routing number a US payer needs in order to address it. Dollars reach a Fenryx USD balance over SWIFT for international transfers, or internally between Fenryx accounts, and neither of those routes is ACH. Whether ACH is available for your account is confirmed at onboarding rather than assumed, so if a US client insists on paying by ACH, say so before onboarding and we will tell you plainly what your account can accept.
An account fee, per-transaction fees on transfers, and a conversion cost shown beside the rate when moving between balances. The figures are quoted per account at onboarding, because they follow the currencies and volumes a business actually works with.