Bank Accounts & Services
Designed For International
Money Service Businesses
Monetize Global provides regulated businesses operating outside the United States with direct banking relationships designed to support check cashing, cross-border wire transfers, and U.S. dollar wholesale banknote services.
Customers maintain direct relationships with FDIC-insured banks, with accounts titled in the business entity’s name.
The Perfect Banking
Relationship
As a business providing international check cashing and wire transfer services, finding a reliable banking partner can be difficult. Monetize gives you the freedom to do business around the globe.
Monetize allows our customers to have a direct relationship with a US-based financial institution that is a member bank of the United States Federal Reserve. The relationship allows your business the ability to both execute and settle transactions in a timely manner.
U.S. Dollar Wholesale
Banknote Services
Monetize helps international Money Service Businesses (MSBs) securely convert large volumes of foreign currency into U.S. dollars through trusted U.S. banking partners. Our wholesale banknote services provide direct access to MSB-friendly banks, efficient currency conversion, and reliable solutions for cash-intensive operations.
With a focus on compliance, security, and speed, we help money transmitters, currency exchangers, and check cashers maintain liquidity, meet regulatory standards, and grow with confidence.
Account Setup Is Simple.
The Interview
Preliminary Bank Review
Application Approval Process
Hardware Shipment & Setup
Ongoing Monitoring & Administration
Who Can Apply?
Money Service Businesses
Non-Banked Financial Services Companies
International Banks
Import / Export Companies
Frequently Asked Questions
How long does the setup process take?
It could take as much as 90-120 days to complete the process after the complete application has been submitted.
Is there special hardware or software required?
Hardware is required to do business with a Monetize account, and is available upon request.
What countries are eligible to participate?
All non-sanctioned countries, in good-standing with the United States, are eligible to apply.
Is there a fee to apply?
In some cases. All fees will be disclosed in advance, prior to the application process. A fee could be assessed based on the complexity of the applicant’s business model.
Does the bank provide services to cryptocurrency businesses?
Not at this time.
Is the relationship direct?
Yes. Each Monetize client has a direct relationship with the financial institution. The accounts are titled in the business entity’s name and are exclusive for the entity’s activity.
What types of businesses are accepted?
Money Services Businesses, Casa de Cambios, Currency Exchange Companies, Non-bank Limited Financial Services Companies, Import-Export Companies, Payroll and Consumer Lenders, International Banks, and Money Transmitters.
What are the types of services the bank offers?
The bank offers International Business Operating Accounts, Settlement Accounts, Wire Transfers, ACH origination and settlements.
What are the fees?
Each customer is provided a customized proposal by the bank with all feed disclosed in advance. Fees are assessed based on gross deposit volume and frequency of transaction activity.
Apply Today & Run Your
Business With Confidence
Simply fill out the form below and an account coordinator will contact you with additional information and answer any questions you might have.
Cross-border wire transfers and check
cashing banking services simplified.