Fyorin is not a bank but a technology company that leverages the licensing capabilities of our network of financial institutions to offer a unified payments and financial operations platform. Customers' funds are always held and safeguarded by the underlying provider.

Product > >

Sub-Accounts

Segregate your funds easily with sub-accounts

Q: What is Fyorin's Solution?

Fyorin's is a financial operations platform that allows global businesses to access a network of global financial institutions, streamline financial operations, and optimize cash management. It simplifies global treasury management, enabling centralized control over financial data.

Q: How can you segregate funds?

You can segregate funds in your accounts using sub-accounts. For better control and visibility of your funds, you can create specific sub-accounts for different departments, projects, and teams.

Q: How can Fyorin save time for finance teams?

Fyorin's platform streamlines financial operations, automating payables and receivables and consolidating data from different financial institutions. This eliminates manual reconciliations and data-gathering tasks, saving valuable time for finance teams.

Create multiple sub-accounts, each with its own distinct IBAN

Streamline the reconciliation of incoming and outgoing transactions

Manage your funds more effectively by assigning a separate sub-account to each project, team, client, or operator

Open sub-accounts

Multiple IBANs, multiple currencies, same fast payments

Fyorin’s sub-accounts give you increased flexibility to manage your funds according to your business needs without compromising control or ease of making global payments.

Fast money movement

With sub-accounts nested in Fyorin’s global wallet you can send, receive and exchange money like a local. Our vast network of financial institutions provides access to over 220 currencies, so you can move funds quickly and securely.

Dedicated IBANs

Fyorin's sub-accounts are nested in your local multi-currency accounts, each with its own, dedicated IBAN. This means you can receive, send and hold funds without opening an additional bank account.

Streamlined reconciliation of payables and receivables

With Fyorin’s sub-accounts you can segregate funds for a specific team, project, client or operator to easily reconcile payments. Reduce time spent searching for transactions, correcting mistakes.

Enhanced treasury management

Keep track of the incoming and outgoing funds assigned to the given sub-account. Organize your finances into sub-accounts to improve reporting and gain greater visibility into your financial position.

Two-way integration with your accounting tools

Fyorin simplifies accounts payable and receivable thanks to a two-way sync with accounting tools of your choice.

View all integrations

Testimonials

What our clients say about us...

Fyorin has helped us save plenty of time through the use of virtual cards - an easy way to manage company spend - whilst also allowing us to empower our people and speed up the approval process. Highly recommended if you're looking for a simple solution to everyday finances.

Patrick Cutajar

EyeTech

The ease of transactions, creating credit cards, and managing multiple currencies are standout features. Fyorin's ability to handle various transactions efficiently is commendable.

Rodger Williams

Elite Group

We picked Fyorin as our financial operations partner because of their efficient and fast onboarding process, user-friendly banking platform and professional customer service. Fyorin has removed all barriers a business would otherwise experience in a traditional banking environment.

Nicholas Borg Calleja

Marine Hound

Since our suppliers are mostly USD denominated companies and we have employees in the Middle East who are paid in USD, we couldn't rely on local banks to support us with cross-border payments. Fyorin has been a life saver and we can sending and receiving money without any issues. 