Hold USD and EUR in one account easily

You know that moment when you’re finally about to get paid, and then your client says, “We’ll send it in EUR or USD”? And you’re just staring like, but I don’t have those accounts. To make it funnier, jump on a flight to the U.S. or Europe to sort it out. For a split second, it feels like your money is floating somewhere in the air, unreachable,  but relax, it doesn’t mean you won’t get paid.

The truth is, you can open a EUR and USD account right where you are. No travel, no drama. Just easier payments, better rates, faster access to your money, and the freedom to work with anyone globally. Before I show you how, let’s talk about why having these accounts is a serious game-changer.

Also read: How to manage multiple currencies as an expatriate with Grey

Why you should hold Euros (EUR)

• Protects your money from sudden local currency depreciation
• Makes transactions in Europe easier without costly conversions
• Lets you get better exchange rates when converting to local currency
• Gives access to European stocks, funds, and other Euro-denominated investments

Benefits of holding USD

• Widely accepted globally, making international payments smoother
• Acts as a safe haven during local or regional economic instability
• Provides access to U.S. stocks, crypto, and other investment opportunities
• Enables faster payments from international clients who prefer paying in US

How global workers can hold Euros and USD

Managing multiple currencies used to be tricky, especially with international clients. Today, you can hold both Euros and U.S. Dollars in one account, making payments and receiving money faster.

Traditional accounts

These are accounts offered by local or international banks that allow you to hold multiple foreign currencies under one account. They are regulated and secure, often linked to your main bank account, and suitable for receiving payments or making transactions abroad. Setup may require verification and sometimes a minimum balance.

Pros:

• Highly secure and regulated
• Suitable for large transactions

Wise

Wise offers multi-currency accounts that allow you to hold, send, and receive funds in dozens of currencies. It provides real exchange rates, low fees, and can generate local bank details in certain countries, making it ideal for freelancers, businesses, and remote workers dealing with international clients.

Pros:

• Transparent, low fees
• Real exchange rates, no hidden costs

Revolut

Revolut is a digital banking platform that allows multi-currency accounts, instant currency exchange, and global payments. It’s app-based, easy to use, and supports spending with a card linked to the account. Revolut also offers features like budgeting, crypto, and stock investments, making it versatile for personal and business use.

Pros:

• Instant currency conversion
• Easy spending and transfers globally

Grey

Grey is a secure fintech platform that allows you to hold multiple currencies in one account and comes with a virtual card for online and international payments. It provides fast access to funds, supports cross-border transactions, and is designed for individuals and businesses needing a reliable, flexible solution for managing global payments without a traditional bank.

Pros:

• Secure and regulated platform
• Virtual card for easy online and international payments
• Fast and flexible access to funds
• Supports multiple currencies seamlessl

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Steps to opening a multi-currency account with Grey

Opening an account with Grey is straightforward and takes just a few minutes

Step 1: Visit the Grey website or download the app.

‍Step 2: Complete your KYC verification.

Step 3: Receive your multi-currency account details

Step 4: Start sending or receiving payments in EU and USD effortlessly, all from one account.

For global workers, having a EUR and USD account is a game-changer,  you can transact without worrying about borders. Grey gives you a multi-currency account with easy setup, low fees, and efficient global transactions. Open a Grey account today and enjoy the freedom of seamless international payments anywhere in the world.

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