Damisa Solution
Multi-Currency Accounts & Virtual IBANs
Damisa provides global businesses with to collect, convert, settle funds across multiple fiat and stablecoin currencies, each issued in the verified corporate name and built to handle both the company's own funds and payments on behalf of clients or counterparties.
Our Solutions
Multi-Currency Accounts & Virtual IBANs
Damisa provides global businesses with to collect, convert, settle funds across multiple fiat and stablecoin currencies, each issued in the verified corporate name and built to handle both the company's own funds and payments on behalf of clients or counterparties.
Our Solutions
Multi-Currency Accounts & Virtual IBANs
Damisa provides global businesses with to collect, convert, settle funds across multiple fiat and stablecoin currencies, each issued in the verified corporate name and built to handle both the company's own funds and payments on behalf of clients or counterparties.
Problem
The Problem with multi-currency accounts
The Problem with multi-currency accounts
Businesses operating across borders face a structural trap: open separate physical bank accounts in every region of operation, or accept the exorbitant costs of routing global payments through a single home-country account.
Relying on traditional correspondent banking forces a company into a system of fragmented banking portals, creating operational liabilities such as:
Reconciliation Blind Spots: Oftentimes, Treasury teams have to manually piece together ledger data from disconnected regional accounts.
Invisible FX Costs: The true cost of cross-border conversion is buried within opaque spreads, hidden until a transaction has already cleared.
Trapped Liquidity: Funds remain isolated in regional accounts, unable to be allocated globally on demand, slowing down vendor payouts and leaving balance sheets exposed to currency volatility.
Compliance & Setup Friction: Establishing physical banking relationships in multiple markets requires extensive regulatory documentation, local entity incorporation, and months of administrative delay before transactions can proceed.
Businesses operating across borders face a structural trap: open separate physical bank accounts in every region of operation, or accept the exorbitant costs of routing global payments through a single home-country account.
Relying on traditional correspondent banking forces a company into a system of fragmented banking portals, creating operational liabilities such as:
Reconciliation Blind Spots: Oftentimes, Treasury teams have to manually piece together ledger data from disconnected regional accounts.
Invisible FX Costs: The true cost of cross-border conversion is buried within opaque spreads, hidden until a transaction has already cleared.
Trapped Liquidity: Funds remain isolated in regional accounts, unable to be allocated globally on demand, slowing down vendor payouts and leaving balance sheets exposed to currency volatility.
Compliance & Setup Friction: Establishing physical banking relationships in multiple markets requires extensive regulatory documentation, local entity incorporation, and months of administrative delay before transactions can proceed.
Businesses operating across borders face a structural trap: open separate physical bank accounts in every region of operation, or accept the exorbitant costs of routing global payments through a single home-country account.
Relying on traditional correspondent banking forces a company into a system of fragmented banking portals, creating operational liabilities such as:
Reconciliation Blind Spots: Oftentimes, Treasury teams have to manually piece together ledger data from disconnected regional accounts.
Invisible FX Costs: The true cost of cross-border conversion is buried within opaque spreads, hidden until a transaction has already cleared.
Trapped Liquidity: Funds remain isolated in regional accounts, unable to be allocated globally on demand, slowing down vendor payouts and leaving balance sheets exposed to currency volatility.
Compliance & Setup Friction: Establishing physical banking relationships in multiple markets requires extensive regulatory documentation, local entity incorporation, and months of administrative delay before transactions can proceed.
Solution
EUR vIBAN
Local SEPA Collection
GBP vIBAN
Local FPS Collection
What are Multi-Currency Accounts & Virtual IBANs
What are Multi-Currency Accounts & Virtual IBANs
Damisa eliminates the need for a fragmented banking setup.
The platform combines dedicated Multi-Currency Accounts and dedicated Virtual IBANs, connecting fiat balances directly to blockchain-speed settlement rails, and supporting both the company's own payments and payments made on behalf of its clients or counterparties.
Dedicated Multi-Currency Account
Dedicated Multi-Currency Account
Hold, manage, and deploy funds across USD, GBP, EUR, and AUD in dedicated accounts issued in the corporate name.
These accounts support 1st party payments (the company's own funds) and 3rd party payments (received from or sent on behalf of clients and counterparties), giving treasury teams a single, real-time view over global cash positions.
Dedicated Corporate vIBANs
Dedicated Corporate vIBANs
Operate locally, without the local entity. Damisa issues a dedicated Virtual IBAN in the verified corporate name.
For clients and partners, it functions exactly like a standard local bank account, ensuring high-trust, frictionless payments. Like the Multi-Currency Account, each vIBAN can process both 1st and 3rd party payments.
How it works
How Damisa Multi-Currency Fiat Accounts Work
Replace complex banking structures with a single, powerful financial infrastructure.
Replace complex banking structures with a single, powerful financial infrastructure.
Damisa's standards
Reliability Behind Every Solution
Compliance, flexibility, protection, and always-on infrastructure built into every payment, settlement, treasury flow and market.
We build the on-chain infrastructure to solve the biggest issues in modern commerce, from expensive payments and slow settlements to a lack of liquidity and trust.
Quick Access
Quick Access
The full infrastructure is accessible via the Damisa dashboard.
API integration is available for businesses requiring direct connectivity into existing systems.
The full infrastructure is accessible via the Damisa dashboard.
API integration is available for businesses requiring direct connectivity into existing systems.
Flexible by Design
Flexible by Design
The Damisa platform supports fiat and stablecoin payment flows.
Businesses can operate in fiat, stablecoin, or both with full flexibility across corridors.
The Damisa platform supports fiat and stablecoin payment flows.
Businesses can operate in fiat, stablecoin, or both with full flexibility across corridors.
Regulatory Compliance
Regulatory Compliance
Operating under strict global KYC/KYB frameworks and registered across multiple jurisdictions.
Operating under strict global KYC/KYB frameworks and registered across multiple jurisdictions.
Funds Protected
Funds Protected
Funds are held in segregated accounts and dedicated wallets with regulated financial institutions.
Assets remain separate from Damisa's operational funds, in accordance with applicable financial services laws.
Funds are held in segregated accounts and dedicated wallets with regulated financial institutions.
Assets remain separate from Damisa's operational funds, in accordance with applicable financial services laws.
About Damisa
About Us
About Us
Always On. Anywhere.
Always On. Anywhere.
Behind the infrastructure is a founding team with experience in payments, treasury, financial infrastructure, and consulting, with backgrounds spanning Volt, Google, Agoda, Bain, and Bridgepoint.
The founders have spent their careers inside the system Damisa is replacing.
The mission is to empower the world with access to always-on financial infrastructure.
Behind the infrastructure is a founding team with experience in payments, treasury, financial infrastructure, and consulting, with backgrounds spanning Volt, Google, Agoda, Bain, and Bridgepoint.
The founders have spent their careers inside the system Damisa is replacing.
The mission is to empower the world with access to always-on financial infrastructure.
Insights & Further Reading
Feb 24, 2026
What is the difference between an IBAN and a virtual IBAN? The 2026 B2B Guide
Feb 20, 2026
What is a Virtual IBAN? The Complete B2B Guide for Modern Global Trade
Feb 18, 2026
The Hidden Carbon Cost of Cross-Border Trade: Why Financial Efficiency is Now an Environmental Metric
Feb 24, 2026
What is the difference between an IBAN and a virtual IBAN? The 2026 B2B Guide
Feb 20, 2026
What is a Virtual IBAN? The Complete B2B Guide for Modern Global Trade
Feb 18, 2026
The Hidden Carbon Cost of Cross-Border Trade: Why Financial Efficiency is Now an Environmental Metric
Feb 13, 2026
What is Payment Reconciliation? A Guide to Solving the B2B Cross-Border Puzzle
FAQs
Multi-Currency Accounts & Virtual IBANs FAQs
Clear answers for complex treasury operations.
What is the difference between a Multi-Currency Account and a Virtual IBAN?
A Multi-Currency Account is the core ledger where funds are held, converted, and managed across currencies like USD, GBP, EUR, and AUD. A Virtual IBAN (vIBAN) acts as a local routing instruction attached to that account. The vIBAN allows funds to be collected via local payment networks (such as SEPA or Faster Payments) as if operating a local bank account, before sweeping directly into the main Multi-Currency Account.
What is the difference between a Multi-Currency Account and a Virtual IBAN?
A Multi-Currency Account is the core ledger where funds are held, converted, and managed across currencies like USD, GBP, EUR, and AUD. A Virtual IBAN (vIBAN) acts as a local routing instruction attached to that account. The vIBAN allows funds to be collected via local payment networks (such as SEPA or Faster Payments) as if operating a local bank account, before sweeping directly into the main Multi-Currency Account.
Are the Multi-Currency Accounts held in the company's verified name?
Yes. Unlike traditional platforms that utilise pooled ledgers, where the payment provider's name appears on the transfer, Damisa issues dedicated accounts strictly in the verified corporate name. This applies to both the holding accounts and the vIBANs, reducing counterparty confusion, streamlining reconciliation, and mitigating the risks associated with pooled funds.
Are the Multi-Currency Accounts held in the company's verified name?
Yes. Unlike traditional platforms that utilise pooled ledgers, where the payment provider's name appears on the transfer, Damisa issues dedicated accounts strictly in the verified corporate name. This applies to both the holding accounts and the vIBANs, reducing counterparty confusion, streamlining reconciliation, and mitigating the risks associated with pooled funds.
How do fiat holding balances interact with stablecoin settlement?
The dedicated Multi-Currency Accounts are integrated directly with blockchain settlement rails. This infrastructure allows treasury teams to seamlessly convert held fiat balances into regulated stablecoins on demand. By bridging fiat accounts directly to digital asset rails, funds can be converted and deployed with transparent, real-time execution, bypassing traditional correspondent banking delays.
How do fiat holding balances interact with stablecoin settlement?
The dedicated Multi-Currency Accounts are integrated directly with blockchain settlement rails. This infrastructure allows treasury teams to seamlessly convert held fiat balances into regulated stablecoins on demand. By bridging fiat accounts directly to digital asset rails, funds can be converted and deployed with transparent, real-time execution, bypassing traditional correspondent banking delays.
Ready to Simplify Multi-Currency Treasury?
Ready to Simplify Multi-Currency Treasury?
Speak with the Damisa team about multi-currency account requirements.
Speak with the Damisa team about multi-currency account requirements.
Get in Touch
Get in Touch
Get in Touch About Damisa's
Multi-Currency Accounts & Virtual IBANs
Infrastructure
Global Corridors
Canadian Regulatory Disclosure: Damisa Technologies Canada Ltd. is registered as a Money Services Business with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) under registration number N300000823, with permitted activities including foreign exchange dealing, money transferring, and dealing in virtual currencies. Registered office: 200-1001 1 Street SE, Calgary, Alberta T2G 5G3, Canada. Office address: 12707 20 Avenue, Blairmore, Alberta T0K 0E0, Canada. FINTRAC registration is not an endorsement or recommendation by FINTRAC or the Government of Canada of Damisa's products or services. Balances held with Damisa are not insured by the Canada Deposit Insurance Corporation.
European Union Regulatory Disclosure: Damisa Technologies Europe sp. z o.o. is a company incorporated in Poland with a fully paid-up share capital of PLN 125 500,00. Registered office: Żelazna 51/53, 00-841 Warsaw, Poland.
Registered in the National Court Register (KRS) under number 0001088305 in the 14th Commercial Division of the District Court for the Capital City of Warsaw. NIP: 1182279131 | REGON: 527803277.
Damisa Technologies Europe sp. z o.o. was entered in the former Polish Register of Virtual Currency Activities under number RDWW-1839.
This historical registration does not constitute authorisation under MiCA and does not permit the company to provide crypto-asset services in the European Union. The Australian and Canadian are still under review.
Australian Regulatory Disclosure: Damisa Technologies Pty Ltd (ACN 682 846 966) is registered in Australia with its registered office at Level 1, 63-73 Ann Street, Surry Hills, New South Wales, 2010. The company is registered with AUSTRAC as a virtual asset service provider (VASP) on the AUSTRAC VASP Register and as an independent remittance dealer on the AUSTRAC Remittance Sector Register.
Compliance & Contact: General inquiries: hello@damisa.xyz. Correspondence regarding complaints, personal data protection, or counteracting money laundering and terrorist financing can be sent to the company's mailing address or electronically to compliance@damisa.xyz.
Risk Warning: Digital assets are subject to market volatility and regulatory changes. The use of digital currency exchange services carries inherent risks. Damisa provides B2B financial infrastructure and does not offer consumer investment advice.
© 2026 Damisa Technologies. All rights reserved.
Infrastructure
Global Corridors
Canadian Regulatory Disclosure: Damisa Technologies Canada Ltd. is registered as a Money Services Business with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) under registration number N300000823, with permitted activities including foreign exchange dealing, money transferring, and dealing in virtual currencies. Registered office: 200-1001 1 Street SE, Calgary, Alberta T2G 5G3, Canada. Office address: 12707 20 Avenue, Blairmore, Alberta T0K 0E0, Canada. FINTRAC registration is not an endorsement or recommendation by FINTRAC or the Government of Canada of Damisa's products or services. Balances held with Damisa are not insured by the Canada Deposit Insurance Corporation.
European Union Regulatory Disclosure: Damisa Technologies Europe sp. z o.o. is a company incorporated in Poland with a fully paid-up share capital of PLN 125 500,00. Registered office: Żelazna 51/53, 00-841 Warsaw, Poland.
Registered in the National Court Register (KRS) under number 0001088305 in the 14th Commercial Division of the District Court for the Capital City of Warsaw. NIP: 1182279131 | REGON: 527803277.
Damisa Technologies Europe sp. z o.o. was entered in the former Polish Register of Virtual Currency Activities under number RDWW-1839.
This historical registration does not constitute authorisation under MiCA and does not permit the company to provide crypto-asset services in the European Union. The Australian and Canadian are still under review.
Australian Regulatory Disclosure: Damisa Technologies Pty Ltd (ACN 682 846 966) is registered in Australia with its registered office at Level 1, 63-73 Ann Street, Surry Hills, New South Wales, 2010. The company is registered with AUSTRAC as a virtual asset service provider (VASP) on the AUSTRAC VASP Register and as an independent remittance dealer on the AUSTRAC Remittance Sector Register.
Compliance & Contact: General inquiries: hello@damisa.xyz. Correspondence regarding complaints, personal data protection, or counteracting money laundering and terrorist financing can be sent to the company's mailing address or electronically to compliance@damisa.xyz.
Risk Warning: Digital assets are subject to market volatility and regulatory changes. The use of digital currency exchange services carries inherent risks. Damisa provides B2B financial infrastructure and does not offer consumer investment advice.
© 2026 Damisa Technologies. All rights reserved.
Infrastructure
Global Corridors
Canadian Regulatory Disclosure: Damisa Technologies Canada Ltd. is registered as a Money Services Business with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) under registration number N300000823, with permitted activities including foreign exchange dealing, money transferring, and dealing in virtual currencies. Registered office: 200-1001 1 Street SE, Calgary, Alberta T2G 5G3, Canada. Office address: 12707 20 Avenue, Blairmore, Alberta T0K 0E0, Canada. FINTRAC registration is not an endorsement or recommendation by FINTRAC or the Government of Canada of Damisa's products or services. Balances held with Damisa are not insured by the Canada Deposit Insurance Corporation.
European Union Regulatory Disclosure: Damisa Technologies Europe sp. z o.o. is a company incorporated in Poland with a fully paid-up share capital of PLN 125 500,00. Registered office: Żelazna 51/53, 00-841 Warsaw, Poland.
Registered in the National Court Register (KRS) under number 0001088305 in the 14th Commercial Division of the District Court for the Capital City of Warsaw. NIP: 1182279131 | REGON: 527803277.
Damisa Technologies Europe sp. z o.o. was entered in the former Polish Register of Virtual Currency Activities under number RDWW-1839.
This historical registration does not constitute authorisation under MiCA and does not permit the company to provide crypto-asset services in the European Union. The Australian and Canadian are still under review.
Australian Regulatory Disclosure: Damisa Technologies Pty Ltd (ACN 682 846 966) is registered in Australia with its registered office at Level 1, 63-73 Ann Street, Surry Hills, New South Wales, 2010. The company is registered with AUSTRAC as a virtual asset service provider (VASP) on the AUSTRAC VASP Register and as an independent remittance dealer on the AUSTRAC Remittance Sector Register.
Compliance & Contact: General inquiries: hello@damisa.xyz. Correspondence regarding complaints, personal data protection, or counteracting money laundering and terrorist financing can be sent to the company's mailing address or electronically to compliance@damisa.xyz.
Risk Warning: Digital assets are subject to market volatility and regulatory changes. The use of digital currency exchange services carries inherent risks. Damisa provides B2B financial infrastructure and does not offer consumer investment advice.
© 2026 Damisa Technologies. All rights reserved.