Insights, resources
and more.

Currenxie is a good account if you send a few large international wires. When I tested it with my own Hong Kong company, the rate I was quoted was the rate I got, and the money landed the same day. The friction starts when your payments get smaller and more frequent, or when your team needs a card. Every local payment you collect costs USD 0.75 and every local payment you send costs USD 3. The 0.1% FX rate on the pricing page applies to USD and HKD only. The card is Hong Kong-only and HKD-only, and new physical card requests have been paused since 5 October 2026 while Currenxie moves to a multi-currency card. Support runs through a contact form, not a named person. If one of those is why you're here, this guide shows which alternative fixes it, and what each one costs you in return. Statrys operates in the same market, so I have a stake in this comparison. The guide includes us alongside four other options so you can judge the fit directly.

On a feature list, Currenxie and Statrys look almost the same. Both are Hong Kong platforms with multi-currency accounts and no monthly fee. I know both from the inside: one is my company, and I opened a Currenxie account under my own Hong Kong company and moved real money through it. The difference is where each one charges you. Currenxie charges on every local payment you collect or send, and on most conversions outside USD and HKD. Statrys charges you when you barely use the account. Pick the wrong one and you pay on the thing you do most. Below is the arithmetic for both, and the places where Currenxie is the better choice. There are a few. At a Glance

Short answer: you usually open a business account first, pass the provider's checks, then request or activate your IBANs. Check eligibility for your company's country before comparing anything else. Virtual IBAN Providers to Consider Providers differ most on who can open an account, where their IBANs are issued, and whose name the details are in. Here's how five compare for a founder with a company in Hong Kong, Singapore, or the EU:

You have paid your overseas suppliers, but they claim they haven’t received the payment. Meanwhile, your bank confirms that the transaction was processed. Now, you’re left wondering: How do I prove to the suppliers that the payment has already been made? This is where the MT103 becomes essential. The MT103 is your proof of payment that you can use to confirm a transfer, track delays, or resolve a dispute. It shows all transfer details, including when and where the funds were sent. It’s usually used with SWIFT international payments.  In this article, we will explain what the MT103 is, how it works, what information it provides, how to read its fields, and where to find it.