Driven by today's globalized economy, the business scenarios faced by enterprises are becoming more and more complex and diversified, especially in the field of cross-border payments and receipts, where timeliness and efficiency are increasingly required. However, traditional cross-border payment methods often have complicated processes, high costs and insufficient timeliness, making it difficult to meet the needs of modern enterprises. To solve this problem, Qbit Global Account can help enterprises easily realize the flow of funds on a global scale, making cross-border transactions more efficient and transparent.
When enterprises expand globally, cross-border payments and collections usually encounter the following problems:
1、Complex account opening process
Opening a traditional international bank account requires a lot of information preparation, time-consuming, and low audit pass rate, especially for start-ups or small and medium-sized enterprises, which is often an insurmountable threshold.
2、High Transaction Costs
Cross-border payment involves intermediary banks, exchange rate conversion and other links, high and non-transparent fees, which may have an impact on the profits of enterprises.
3、Slow arrival time
Traditional international remittance usually takes 3-5 working days to arrive at the account, for enterprises that need fast working capital, the time delay may lead to business obstruction.
Image source: Qbit
Qbit global account can help overseas enterprises manage their cash flow more efficiently and expand their overseas business more easily, making it simpler for brands to go overseas.
Qbit provides overseas multi-currency local collection accounts, which can open multi-currency accounts for globalized enterprises. Enterprises can apply for free, open an account in real time, and immediately get an exclusive account number and local bank code, which makes it easy to collect money in different currencies from global customers. qbit supports receiving local currencies directly, which can save high exchange fees and effectively reduce the cost of cross-border collection.
It is worth mentioning that Qbit global account supports in-depth customization of personalized viewing and operating privileges for multiple users, which effectively improves the security of corporate funds and information and ensures operational compliance. Through flexible permission settings, enterprises can assign corresponding permissions according to different roles to prevent unauthorized access and operation and reduce risks.
In the future, Qbit Global Account will continue to upgrade and iterate its product features, and provide more overseas enterprises with efficient payment experience and comprehensive service support with better and more caring services!
*Follow Qbit to get more financial solutions to make your road to the sea smoother!