A multi-currency account is your free iCard digital wallet account. If you are a European, our multi-currency accounts give you the ability to store your money in various currencies in many separate IBAN accounts that you control easily, with a few taps. You can spend, send and receive money with either of them. Our accounts help you avoid incoming bank transfer fees and exchange rates when you properly plan your multi-currency account usage.
iCard also helps you skip visiting your bank and taking up your precious time for something as trivial as opening a new account. Getting a non-domestic currency account can have some other limitations such as monthly maintenance fees or minimum balance requirement. It shouldn’t be like this – you can save time and money by getting set up with a new iCard account. Then you can create a new account with a few taps in your digital wallet and send the IBAN immediately to receive a bank transfer in that currency. This is just the tip of the iceberg with how multi-currency accounts work and how they can fit in your lifestyle.

Converting currencies is a daily feat for vacation travellers, expats, freelancers and people who work and travel abroad.
But what are all the benefits of having a multi-currency account? What currencies can you get and how can they align with your lifestyle?
What exactly is iCard’s multi-currency account and which currencies are supported?
Our company provides and maintains free e-money accounts to our users all around the European Economic Area. People can open an account via our Android and iOS digital wallet. It lets you spend and receive money in any of the 7 currencies we support – EUR, GBP, CHF, USD, RON, HRK and BGN, while you can send money to any bank account via SEPA or SWIFT.
Here is how they are created in iCard Android:
Having access to many currencies within one app is awesome, especially if your lifestyle depends on it. In this sense, iCard saves you time while protecting your money and making payments faster. And you can always convert one currency to another with a few taps.
Of course, an IBAN account on its own is not enough for the everyday person, because the least we need is a debit card for retail purchases. We give you much more than that and all of iCard’s payment methods have the ability to make them faster and more secure.
What payment instruments are available within iCard’s multi-currency digital wallet account?
Would it be an attractive and complete offer if you could only receive and send transfers with your multi-currency accounts? Of course, not!
This is why iCard has enabled a range of payment instruments that can connect to and draw funds from your different currency holdings. Our digital wallet gives you debit cards, virtual cards, NFC wearables and even mobile payments (“Tap & Pay” with your phone) to spend the money in any of these IBAN accounts during your world travels, for international shopping and when finally at home.
What are the advantages of a multi-currency account?

- The primary benefit is that iCard lets you open one account, with zero monthly fees, by identifying yourself online via the app. No branch visits are needed (we don’t have any, we work 100% online) and this can potentially save you a lot of time from the start. Use it to uncover the ways to more wisely manage your money.
- Another advantage of having a multi-currency account is that you skip the bank visit when you need for example a new Swiss Franc account. The iCard app user experience lets you create up to 3 different IBAN accounts per supported currency. This extra flexibility stems from the fact that you can connect more than one debit card to each of your accounts, essentially helping you more conveniently budget for your vacation abroad or track the expenses of each of your family members.
- Securely unlocking your wallet app with a fingerprint or FaceID and controlling all your currencies is definitely an advantage compared to bank-branch even compared to online and telephone banking.
How useful are multi-currency accounts?

Having more than one IBAN account for different currencies, with the ability to connect a debit card, virtual card or NFC accessory to each can give you a lot of ways to budget and track your expenses.
Vacation goers:
Your next vacation to New York or the Swiss Alps is approaching and now is the time to head to the bank to get some US dollars … or Swiss Francs. STOP! Skip that visit and NO, don’t convert your money at retail exchange shops because the rate for tourists is not the most favourable. If you haven’t travelled much, one of the tips in this article explains how to avoid 10% – 12% ATM fees.
Expats:
Expats usually have relatives living back in their home country. If you moved to England for work, but you are from Romania, you will likely need accounts in British pounds, Euro and Romanian Lei. You decide how to split your salary into these different accounts and never worry about exchange rates during your travels to France, under the “La Manche”, or when sending financial support in Lei to family members in Bucharest. Tap, tap, confirm, done – money is on its way!
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iOS
Freelancers:
Freelancers have no limits as to where their clients come from. With an iCard multi-currency account, you can supply your clients with a particular IBAN account for a particular currency. Go ahead, design, deliver, get paid in Britis Pounds, Swiss Francs or another – easily and without conversion fees. A personal iCard account can be useful if you are just starting out working online for clients. However, if you are expanding your freelancing contracts or if you need to separate your business income from personal finances, then iCard for Business might be just what you were looking for.
Parents:
Maybe you are Croatian and a parent of a 1st-year college student who went to study Hotel Management abroad in Switzerland? Your son found a nice place to rent in the south-most part of Germany – very close by. You are likely researching how to send hard-earned Croatian Kuna most efficiently for his monthly allowance. Well, iCard’s can definitely help you get the money to your son free and instantly – from any account of yours in our multi-currency digital wallet account. Next, he can decide to withdraw cash at ATMs in either of the currencies he needs – the Euro in Germany or the Franc in Switzerland.
Parents whose children are too young for college, but not too young to spend, need pocket money, while constantly demanding for cool paid apps and games. Worry not in either case – iCard’s multi-currency IBAN accounts can have different debit cards connected to each, helping you more easily keep an eye on your youngster’s spending habits.
Travellers:
Frequent travellers to the UK, the USA, Croatia, Romania, Switzerland, Bulgaria and around the European Economic Area can simply rely on iCard’s ease of use and a multitude of currencies and payment instruments.
Ready to start with a multi-currency digital wallet account?
Simply download iCard from any of the app stores. Opening an account is simple – register and easily verify your identity online. We are highly regulated and need to know you before unlocking your full multi-currency account functionality.
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