Stablecoins in, Swift out: global payouts made easy | BVNK Blog
2024.12.12 21:06
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Stablecoins in, Swift out: global payouts made easy
It's even easier to pay your international partners with named virtual accounts on BVNK in USD, EUR and GBP, connected to the Swift network.
Product updates
Stablecoins in, Swift out: global payouts made easy
It's even easier to pay your international partners with named virtual accounts on BVNK in USD, EUR and GBP, connected to the Swift network.
By Visma Bramane September 19, 2024 4 min readOur customers have been asking for it, and here it is. We’ve extended support for international virtual accounts on BVNK.
You can now receive stablecoins into the BVNK platform (or fund your account with a fiat currency), auto-settle into USD, EUR or GBP named accounts and pay out globally via Swift. Whether you're paying partners, affiliates, or suppliers, BVNK ensures smooth, reliable B2B payouts worldwide.
Why choose named accounts with BVNK?
One platform for crypto, fiat and stablecoins: With USD, EUR, GBP accounts, crypto and stablecoins wallets in one platform, it’s easy to move between currencies and meet your global payment needs. Get reliable access to USD, EUR and GBP accounts, connected to Swift. If securing international US dollar accounts has been a challenge, BVNK is here to provide the support you need for cross-border payments.
Dedicated accounts, your name on payouts . Meet your compliance needs, while simplifying reconciliation and cash management.
Safeguarded funds. Hold funds in EMI-backed accounts for USD, EUR or GBP, safeguarded in line with regulatory requirements.
Make third-party payouts: Unlike providers that only offer pooled accounts, BVNK enables third party payouts, so it’s easier to pay your partners, suppliers, and affiliates.
How can you use BVNK named accounts?
With our multi-rail, multi-currency platform, you can stay agile and pay out to your business partners with ease. Here are a few examples of how we can support you:
Accept stablecoin payments from customers and partners, settle to fiat . Our tech stack enables near-instant global payments in stablecoins, which can be quickly settled to traditional currencies—allowing you to accept crypto without holding it on your balance. Make Swift payouts to partners and affiliates. Fund your account using fiat or crypto and execute outbound international payouts in USD, EUR or GBP currencies via the Swift network, ensuring that global partners and suppliers are paid efficiently and securely.
Consolidated stablecoin and traditional currency management. Manage both your crypto and traditional currency assets on a single platform, allowing for seamless conversions, holding, and transfers.
How it works
Get in touch with your Account Manager, or our sales team to open virtual accounts with BVNK Accept crypto payments from your customers or partners Get those funds auto-settled into USD, EUR or GBP Hold your funds in named, safeguarded virtual accounts on the BVNK platform When you need to make an international payout to a partner or your own account, simply send via Swift, all on the BVNK platform.
Ready to get started?
To get started with BVNK named accounts and Swift payments, get in touch.
Latest news
View all Industry insights Understanding compliance for digital assets – 4 common myths explained By BVNK team Heather Chalk, Tom Boydell November 7, 2024 Industry insights Europe’s MiCA regime is bringing new confidence to crypto payments By BVNK team Tom Boydell November 28, 2024 Product updates Layer1: a new era in stablecoin infrastructure By BVNK team Donald Jackson June 27, 2024 Industry insights The Travel Rule marks a new era of trust for crypto payments in Europe By BVNK team Tom Boydell September 5, 2024 News We’re partnering with Circle to streamline global business payments By BVNK team Chris Harmse October 17, 2024 Industry insights Navigating crypto payments as a regulated forex business By BVNK team Tom Boydell November 5, 2024 Industry insights Can stablecoins ease the pains of paying creators in emerging markets? By BVNK team Jane McEvoy October 17, 2023 Industry insights Bridging the compliance gap: building AML controls for crypto By BVNK team Luke Dufour June 11, 2024 News BVNK achieves enterprise grade security standard: ISO 27001 By BVNK team Lazar Lazarov September 3, 2024 Product updates BVNK Virtual Accounts: now for your customers By BVNK team Jane McEvoy October 9, 2024 SubscribeGet payment insights straight to your inbox
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