Verto Global Accounts

Open an account, set your team permissions, and start moving funds across borders within hours. Create currency balances with local bank details so clients can pay you like a domestic transfer. Invite finance, ops, and engineering, then assign maker-checker roles and approval thresholds. Add beneficiaries once or import them in bulk, and build payment templates for repeat invoices. Use the sandbox to test flows, from creating conversions to sending payouts, before you touch live funds. When you’re ready, connect the API or use the dashboard, turn on webhooks for status events, and link your accounting system to auto-tag references for reconciliation.

For trade payments, generate a quote, lock an exchange rate, and choose the most efficient route—local rails for speed or SWIFT for reach. Attach the supplier invoice, set the payment purpose code, and schedule the transfer for the exact due date. If you collect from customers abroad, share your local receiving coordinates in their currency and let the platform convert at settlement to your preferred balance. Track every step—initiated, in-flight, landed—and get a posted statement with unique references to clear your ledger in one pass. Set alerts for balance thresholds and auto-fund from your home account to avoid delays.

For marketplaces and platforms, create sub-accounts per seller or partner and map your business rules to split each incoming payment at checkout. Onboard sellers with built-in KYC, hold funds until conditions are met, then release payouts in local currency. Use idempotent payout calls or upload a batch file for thousands of disbursements in minutes. Webhooks confirm acceptance, failures, and returns so your UI can update instantly. If a buyer requests a refund, trigger a reversal to the original method, or credit a wallet and net it from the next payout. Fees and taxes can be applied at the transaction or payout level with clear audit trails.

Finance teams can run weekly payment runs, contractor payroll, and treasury conversions from one place. Set multi-step approvals for high-value items, enforce spend limits by role, and require supporting documents on specific corridors. Build saved FX routes, choose when to convert (on collect, on payout, or manual), and use rate notifications to decide timing. Streamline reconciliation with downloadable statements, API exports, and automatic journal entries mapped to your chart of accounts. Monitor liquidity across currencies, set funding thresholds, and move balances instantly between wallets to meet obligations. Dedicated support helps configure workflows, permissions, and monitoring so your operations scale without extra headcount.