With Remoly Invoicing, a Global Account is designed for receiving payments in different currencies. It provides you with local account details so you can accept funds through bank transfers, SWIFT, or platforms like PayPal, Amazon, and Shopify.
Once the money arrives, it doesn’t sit in the Global Account. Instead, all payments are collected into your multi-currency wallet. This wallet is where your funds are stored and managed, giving you the ability to send payments or transfers anytime.
For example, you might have several USD Global Accounts in different regions. No matter which one receives the payment, the money is automatically added to your USD wallet. This way, you always have one balance to work with, making it simple to manage and use your funds.