Suppliers selling into Europe or buying from European manufacturers need to receive and pay euros without every payment being forced through GBP conversion. We connect peptide and research chemical businesses with providers offering named EUR IBANs, SEPA payments and multi-currency balances, for businesses that disclose exactly what they sell.
Without a EUR account, customer payments in euros are converted on arrival and converted again when you pay European suppliers.
Many popular multi-currency accounts restrict research chemicals, so suppliers get onboarded and then closed.
Cross-border payments in a restricted category attract more checks, which can delay supplier payments.
We look for providers that offer named EUR IBANs and SEPA access to research-use-only businesses, alongside GBP where you need it.
Named EUR IBANAn IBAN in your business name for receiving and sending euros.
SEPA payments in and outPay European suppliers and receive customer payments on SEPA rails.
Hold eurosKeep euro balances and choose when to convert.
GBP alongsideUK account details on the same relationship where available.
A UK company sells to universities and labs in Europe and needs to receive euros cleanly.
A supplier pays manufacturers in Germany and the Netherlands and is losing money on conversion.
A supplier based in the EU needs a stable euro account after a closure.
Yes, through providers that offer multi-currency accounts to research-use-only businesses. Availability depends on your company, volumes and documentation.
With a multi-currency account, yes. You can receive, hold and pay euros and convert only when you choose.
Yes, where providers have appetite for the jurisdiction. Tell us where the business is registered and where your customers and suppliers are.
The providers we work with offer named accounts rather than pooled arrangements.
Give us the detail upfront (volume, set-up, what has been declined) and we can check provider appetite before we speak. We will assess whether there is a suitable provider match and come back to you directly. No obligation, no hard sell.
Have a client in this sector?If you're an EMI, MSB, payment consultant, or adviser with clients in this space you can't service directly — we have a structured introducer arrangement.