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Local Business Accounts
For Global Reach

Operate local accounts in the UK, UAE, and Canada without the need for local incorporation or resident directors.

The Complexities Behind
International Payments Infrastructure

Local Presence Requirements

Many jurisdictions require incorporation, physical addresses, or resident directors before accounts can be opened, creating unnecessary delays for cross-border entities.

In-Person Verification

Directors are often expected to appear in-branch for identity checks, adding travel, cost, and time.

Redundant KYC

Onboarding is repeated in each jurisdiction, frequently demanding notarised documents and legal certifications. For complex ownership structures, this becomes an operational burden.

Perceived Risk in Complex Ownership

Global institutions and investment funds are often deemed “high risk” solely due to their ownership structure, even when fully compliant.

Your Gateway to Local Business Accounts

VFX eliminates duplication, delays, and compliance uncertainty. We provide local business accounts across jurisdictions, specifically designed for complex, multi-jurisdictional entities.

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Access to Local Payment Methods

Utilise domestic payment rails in leading global markets. Our platform supports multiple local payment types, reducing cost and friction in cross-border transactions.

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One Platform, Multiple Jurisdictions.

Open and manage GB, AE, and CA accounts without local incorporation or resident directors, all from a single interface.

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Single Onboarding, Global Access.

Complete KYC once and gain access across multiple financial hubs, no repeated paperwork or in-person visits required.

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Predictable Timelines

Accounts are operational within days rather than months, with transparent milestones set from the outset.


The VFX Platform

Through secure API and SFTP connections, you can integrate your local accounts with existing treasury and accounting systems, streamlining reconciliations and automating reporting. Multi-user approvals, real-time visibility, and permissioned access ensure that every transaction moves with clarity and discipline.

Each account connects seamlessly to VFX's broader infrastructure, payments, FX execution, and liquidity management, creating a single ecosystem for international operations.

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Unlock Your Global Growth

Access local business accounts with multi-currency capabilities and FX risk management in a single, cohesive infrastructure.