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Virtual Accounts

Instantly Issue Virtual Cards and Open Multi- Currency Accounts

Q: How fast can I issue a virtual card?

Issuing virtual cards in an instant through Fyorin. There is no limit to how many virtual cards can be issued, provided it makes business sense.

Q: How do virtual accounts help manage liquidity?

You can gain access to real-time financial data from across 5,000+ financial institutions, and with zero implementation complexity, you can react to market changes to limit FX exposure.

Q: Are funds in virtual accounts secure?

Yes, Fyorin adheres to strict protocols to ensure funds are safe with the underlying financial operator. Anti-fraud mechanisms are in place, and no sensitive data is shared.

Q: Can I create cards by team or project?

Virtual cards can be assigned to an employee or a team to handle expenses. You can hook up a virtual card with a physical card, and employees can decide which virtual card is active on the physical card for point-of-sale use.

Q: How are transactions reconciled?

Automated reconciliation is available at Fyorin, so employees can upload receipts on the go through integrated accounting software.

Q: Are physical cards available too?

Physical cards can be requested through Fyorin’s platform, but remember, only one physical card can be issued per designated card user.

Q: Which payment rails do you support?

We support SWIFT, ACH, CHAPS, Faster payments, SEPA transfer and others. Get in touch with our sales team to obtain the complete list.

Q: What are the spending limits on physical and virtual cards?

Default limits start at €5,000. These can be decreased to fit smaller purchases or increased above €250,000 for high-value transactions, giving businesses flexibility to match their spend needs.

Issue virtual cards and assign budgets per team

Manage financial data from one centralised platform

Make global payments and reduce FX costs

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Virtual Cards for Real-Time Business Control

Corporate virtual cards provide flexibility over spending. Fyorin’s unified platform eliminates manual reimbursements to resolve costs faster.

Flexible controls and remote management

Issue virtual or physical debit cards to pay for business expenses online with recurring top-ups. Expenses are automatically categorised to streamline reconciliation. Thanks to a remote dashboard you can easily delete, freeze, or reissue cards and keep operations moving without disruption.

Smart Budgeting and Spend Oversight

Manage budgets and automatically assign a virtual debit card for each team member or campaign worked on. With more oversight of spending, businesses can save on subscription costs with Fyorin to ensure operations run smoothly.

Physical Cards for When You Need Them

Fyorin's physical cards carry the same capabilities as virtual cards, with full control, visibility, and automated reconciliation. Backed by Mastercard and Discover, they’re ideal for in-person or travel spend while staying seamlessly connected to your global expense management.

Earn Cash Back on Every Virtual Card Transaction

Get rewarded with cash rebates on every business expense. Reduce costs on high-value purchases and keep more money within your business. With 0% transaction fees on card spending, every payment delivers even greater value.

Virtual Accounts: Global Liquidity Under Your Control

Multi-currency accounts

Send, receive, and hold 100+ currencies from one platform with zero holding periods and competitive FX rates. Move funds instantly between accounts to meet operational needs without disruption, and make the most of favourable exchange rates.

Tier 1 bank safeguarding

You can open a multi-currency business account in minutes. With funds safeguarded in Tier 1 banks, you can experience enterprise-level security from a single platform, diversify risk and optimise liquidity.

Faster settlements

With access to multiple local payment rails, such as ACH and SEPA, execute payments faster through Fyorin’s payments infrastructure. All payments are settled within 24 hours.

Fully Integrated with Your Finance Stack

Bring all your financial tools together under one roof to reduce costs.

Real-time categorisation - Card transactions are automatically categorised and reported in real time, reducing manual effort and overspending while giving finance teams greater accuracy and control over expenses

Two-way ERP integrations - Connect natively with Sage, Netsuite, and Microsoft Dynamics. Store all spending details, receipts, claims, and vendor information in one place. Eliminate time spent chasing receipts and automate expense reconciliation.

View all integrations

Tailor Cards to Teams, Vendors, and Subscriptions

Our virtual credit card for businesses can be configured within specific spending rules, and it is suitable for mid-market teams and vendors.

Marketing - High-volume marketing campaigns often require multiple virtual cards to track platform spend. Issue cards at scale through the Fyorin platform to support campaign-level control and financial alignment.

SaaS - Pay for business expenses and automate renewals without sacrificing control. Set up recurring top-ups for virtual cards to ensure no subscriptions are missed, and manage them through Fyorin’s subscription management. Reduce cash drains and keep tabs on SaaS spending.

Logistics - Intra-company transfers can be done instantly through Fyorin’s platform. Optimise working capital by moving funds between accounts without fees or delays, while maintaining 360-degree, real-time visibility of your cash position.

Contractors - Eliminate manual errors and exercise better spend control. Set up specific sub-accounts to track online purchases.

Virtual Cards for Subscription Management

Fyorin unified treasury and financial operations

Spend Globally. Reconcile Locally

Fyorin lets you spend and transact like a local. Build lasting vendor and banking relationships and cut down on costly international transfer fees.

Minimise FX exposure - Protect your business against currency swings with Fyorin’s treasury platform. Hold and transact in 100+ currencies, hedge and lock up FX rates up to 360 days, and move funds instantly between accounts to react to market changes

Multi-currency Support - Carry out faster payments through our 100+ payment rails. Save on FX exchange to scale up your business.

Testimonials

Mid-market finance teams in industries like aviation, technology, logistics, and hospitality trust Fyorin to manage global spend from one platform. By unifying payments, cards, and accounts, they gain real-time visibility, faster approvals, and better control, which empowers smarter decisions and scalable growth without adding operational complexity

What sets Fyorin apart is the ease of multi-currency payments. Unlike with traditional banks where there's a bit of red tape in sending multiple currencies, it's very easy to transfer pounds from our Fyorin pound account and then again into our Fyorin euro account to pay our staff and our suppliers.

Rodger Williams

Elite Group

With Fyorin it’s easy for us to just send over the local payment details to our US clients and receive payment in USD. There's a number of service providers we need to pay in the UK so being able to quickly exchange the funds into GBP and do the payments is another benefit. All these payments go through very quickly.

Andrei-Andy Linnas

Thought3D

We picked Fyorin as our financial operations partner because of their efficient and fast onboarding process, user-friendly banking platform and professional customer service. Fyorin has removed all barriers a business would otherwise experience in a traditional banking environment.

Nicholas Borg Calleja

Marine Hound

Since our suppliers are mostly USD denominated companies and we have employees in the Middle East who are paid in USD, we couldn't rely on local banks to support us with cross-border payments. Fyorin has been a life saver and we can sending and receiving money without any issues. 