Begin by signing a partner agreement with Nexpora.
Register as a client with Currencycloud Bank, following the same process as you would with any other bank. Currencycloud provides options for both corporate and private bank accounts.
Currencycloud will establish bank accounts for you in the various currencies you plan to trade. Currently, Currencycloud supports trading in 36 different currencies.
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When you determine the amount of foreign currency you need, simply transfer the equivalent amount in your local currency from your local bank to your Currencycloud account.
Currencycloud will then convert your local currency into the desired foreign currency and deposit it into your currency-specific account. The foreign exchange transaction is now complete.
You can either pay your invoices directly from your Currencycloud accounts or transfer the converted currency back to your local bank account to make payments.
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The new accounts with Currencycloud can replace your local bank accounts, allowing you to receive incoming payments and handle all outgoing payments. You can collect funds from over 180 countries and territories globally.
The Nexpora platform provides comprehensive control over all your accounts with a single login and integrates seamlessly with your existing financial systems, offering a complete cash management solution.
