Multicurrency Accounts for Companies

Manage Foreign Currency Cash Flows

Efficiently Make & Receive
Business Payments In Foreign Currencies

Multicurrency accounts are demand deposit accounts (DDAs) that are domiciled in the United States and hold foreign currency instead of U.S. dollars so your business can make and receive payments in 30 major and emerging market currencies without the need to open accounts with foreign banks.

Benefits of Multicurrency Accounts

Our multicurrency accounts offer a simple and integrated way to manage and move money denominated in different currencies, so you can:

  • Eliminate the need to convert foreign currency collections and payments to U.S. dollars.
  • Reduce the risk of potential losses and rate spread due to timing differences between incoming and outgoing foreign currency flows.
  • Easily view deposit and withdrawal details through PINACLE.®
  • Initiate wire transfer requests through PINACLE.
  • Enjoy FDIC insurance on multicurrency deposits up the maximum limits provided by law.
  • Process foreign denominated checks for credit to your multicurrency account.

Multicurrency Account Options

Your business can choose the multicurrency account that best meets your needs.

  • Receive Earnings Credit (ECR) to help offset service fees. ECR is available in all currencies offered with no minimum balance requirement. [1]
  • For select currencies, interest-bearing multicurrency accounts are available. (Minimum $100,000 USD equivalent balances for interest-bearing accounts.)

Available Currencies

Global business transactions often require you to make
and receive payments in currency other than U.S. dollars.

País

Currency Code

Currency Name

EAU AED Dirham
Australia AUD Dólar australiano
Canadá CAD Dólar canadiense
Suiza CHF Franco suizo
China CNY Renminbi
República Checa CZK Czech Koruna
Dinamarca DKK Danish Krone
Europa EUR Euro
Reino Unido GBP Pound Sterling
Hong Kong HKD Dólar de Hong Kong
Croacia HRK Croatian Kuna
Hungría HUF Hungarian Forint
India** INR** Indian Rupee**
Israel ILS Israeli New Shekel
Japón JPY Yen japonés
Marruecos MAD Moroccan Dirham
México MXN Peso mexicano
Noruega NOK Corona noruega
Nueva Zelanda NZD Dólar de Nueva Zelanda
Omán OMR Omani Rial
Philippines** PHP** Philippine Peso**
Polonia PLN Polish Zloty
Catar QAR Qatar Riyal
Rumania RON Romanian Leu
Arabia Saudita SAR Saudi Riyal
Suecia SEK Corona sueca
Singapur SGD Singapore Dollar
Tailandia THB Thai Baht
Turquía TRY Lira turca
Sudáfrica ZAR African Rand

** Currency held in this account cannot be converted into any other currency by PNC.

Additional Account Services

Map of the EU

Gestiona pagos europeos

Improve your European commercial payments with EUR or GBP-denominated demand deposit accounts.

PINACLE

Administración del riesgo cambiario

PINACLE, el portal de banca corporativa en línea y banca móvil de más alto nivel de PNC, puede ayudarte a optimizar la administración de tu flujo de caja internacional. Al iniciar sesión una sola vez, puedes generar pagos, acceder a informes de las cuentas y consultar los saldos equivalentes en dólares de las cuentas en divisa extranjera. También puedes generar solicitudes de transferencia de fondos para las cuentas que tengas en bancos extranjeros, gestionar tus transacciones de cambio de divisas y acceder a los servicios mercantiles internacionales para reducir el riesgo de pago y el riesgo de cobro.

Hablemos

Póngase en contacto con su funcionario de Administración de Tesorería o con el equipo de Atención al Cliente de Administración de Tesorería (TMCC) si tiene preguntas.

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