Multicurrency Accounts

Efficiently Manage Foreign Currency Cash Flows

 

International Services

Manage your International Cash Flow


Reference Materials

Multicurrency Product Sheet


Make and Receive Payments in Foreign Currencies

Multicurrency accounts are demand deposit accounts (DDAs) that hold foreign currency instead of U.S. dollars. PNC’s team can help you set up a multicurrency account and you can easily view deposit and withdrawal details through PINACLE®, PNC’s top-rated online corporate banking portal. You can also initiate both domestic and international wire transfers through PINACLE’s Funds Transfer module.

PNC’s multicurrency accounts offer a simple and integrated way to manage and move money denominated in different currencies without the need for opening accounts with foreign banks.

Contact Us

Important Legal Disclosures & Information

The information contained herein (“Information”) was produced by an employee of PNC Bank, National Association’s (“PNC Bank”) foreign exchange and derivative products group. Such Information is not a “research report” nor is it intended to constitute a “research report” (as defined by applicable regulations). The Information is of general market, economic, and political conditions or statistical summaries of financial data and is not an analysis of the price or market for any product or transaction. This Information is for general information purposes only and is not intended as legal, tax, accounting, or financial advice, or recommendations to sell currencies or securities or to engage in any specific transactions and does not purport to be comprehensive. Under no circumstances should any Information be used or considered as an offer or solicitation of an offer to participate in any particular transaction or strategy. PNC is a registered service mark of The PNC Financial Services Group, Inc. (“PNC”). Foreign exchange and derivative products are obligations of PNC Bank, Member FDIC and a wholly owned subsidiary of PNC. Foreign exchange and derivative products are not bank deposits and are not FDIC insured, nor are they insured or guaranteed by PNC Bank or any of its subsidiaries or affiliates.

Foreign exchange and derivative products are obligations of PNC Bank, Member FDIC and a wholly owned subsidiary of PNC. Foreign exchange and derivative products are not bank deposits and are not FDIC insured, nor are they insured or guaranteed by PNC Bank or any of its subsidiaries or affiliates.

Bank deposit, treasury management and lending products and services are provided by PNC Bank, Member FDIC.

Earnings Credit and Interest eligibility and rate are variable and subject to change at any time without notice or limit. PNC reserves the right to charge an Account Balance Fee on certain currencies.  Foreign exchange restrictions may apply.