International business account provider

Statrys

Asia-focused multi-currency business account

An Asia-focused multi-currency business account for international SMEs with a Hong Kong or Singapore orientation. Statrys uses a payment-account model, not a conventional business bank.

At a glance

Provider type: Asia-focused multi-currency business account / fintech
Legal model: Fintech and payment-account model, rather than a conventional business bank.
Global reach: Medium
Business eligibility: International SMEs with a Hong Kong or Singapore orientation and a supported business profile.
Multi-currency: 11 major currencies.
Local receiving details: Local currency account functionality.
International payments: Pay and get paid across 120+ countries.
Cards: Physical and virtual cards.
Accounting integrations: Accounting and a corporate-services ecosystem. Named accounting products are not listed.
Customer-money model: Confirm the holding arrangement. The entity and provider arrangements should be verified for the client’s market. Do not treat this as bank deposit protection.

What is this provider?

Statrys is listed as an Asia-focused multi-currency business account and fintech. The comparison covers 11 major currencies, local currency account functionality, payments across 120+ countries, and physical and virtual cards.

Which businesses can open an account?

International SMEs with a Hong Kong or Singapore orientation and a supported business profile.

Company requirement: Hong Kong or Singapore orientation, with a supported business profile. A closed country list is not stated.

Owner or director residence: Not separately stated.

Sector restrictions and any requirement for a local presence are not stated beyond that eligibility. A published focus is not a decision that your company can open the account.

Where is it available?

International SMEs with a Hong Kong or Singapore orientation and a supported business profile. That orientation is not a published list of every accepted incorporation country.

Is this actually a bank account?

Business-finance platforms can provide account details, cards and payment infrastructure while operating under very different legal models.

Payment account

Fintech and payment-account model, rather than a conventional business bank.

Holding and managing currencies

Holding a currency, converting it, receiving it and sending it are separate functions. A currency count on its own does not describe which of those the company can do.

11 major currencies are stated. Paying and getting paid across 120+ countries is a coverage figure, not a count of currencies the company can hold.

11 major currencies.

Getting paid internationally

Local receiving details can make it easier for customers to pay domestically even when your company operates internationally. Those details are not the same as a domestic bank account in that country.

Local currency account functionality for receiving.

Local currency account functionality.

Paying suppliers and contractors

Pay and get paid across 120+ countries.

Cards and company spending

Physical and virtual cards are stated. Expense management, approvals and employee spend controls are not separately stated.

Business cards: Physical and virtual cards.

Expense management: Not separately stated.

Accounting and finance integrations

Accounting and a corporate-services ecosystem. Named accounting products are not listed.

What does the account cost?

Check current provider pricing. Monthly plans, payment fees, FX, cards, extra users and local payout fees can all change, and this comparison does not repeat a figure that is not captured here.

A current Singapore-facing page advertises no monthly fee. Pricing and eligibility vary by market.

How is business money held?

A bank deposit, a partner-bank deposit, safeguarded customer funds and an e-money balance are different legal arrangements. They should not be treated as equivalent.

Confirm the holding arrangement

The entity and provider arrangements should be verified for the client’s market. Do not treat this as bank deposit protection.

Protection depends on the legal entity and jurisdiction serving the business.