Are you wondering how you can seamlessly receive money in multiple currencies from around the world? With Raven Global Accounts, you can receive, send and swap foreign currencies from your phone.
Need to know how it works? Let’s get started 😉
How to Use Global Accounts on Raven
- To use this feature, you must download the Raven app, sign up and complete the verification process.
- Next, select “Accounts” from the menu. Click “Start Setup.”
- At this stage, it’s time to select the currencies you intend to transact in. You must choose at least two currencies and as many as you want.
- Finally, accept the terms and conditions. Be sure to read every single detail of the terms carefully before accepting.
- Once done, click “Proceed,” enter your transaction pin and voila! You have successfully enabled global accounts on your Raven account.
How to Transact with Raven Global Accounts
To begin transacting in multiple currencies, visit accounts from the dashboard and select a currency to transact in, i.e. “British Pounds.”
To Receive Multiple Currencies
- Select “Receive” and choose “Payment Links.” Our payment link feature lets you conveniently create payment links to receive multiple currencies to your global account.
- When you create a global account, we automatically provide you with a payment link you can share to receive payments. You can also create custom payment links.
- Choose a link type, either single or multi-charge. A single charge allows you to receive only one-time payments using the link, and with multi-charge, you can accept payments more than once.
- You can allow the depositor a set amount or enter an amount yourself.
- Enter a link title and a description of its intended purpose. Confirm the information to be correct, click “Proceed”, and enter your six-digit transaction PIN.
- Copy the payment link and share it with the intended recipient.
Once payment is made, you will be notified and can access your funds from your global account.
To send Multiple Currencies
- Select “Send” and enter an amount “Proceed.”
- Next, choose a delivery method, i.e. “Send with Raven.” Please enter the recipient’s username, confirm their correct information, and enter your transaction pin. They would be credited instantly.
How to Swap
You can swap funds across currencies with Raven global accounts. Before swapping, we will provide you with the current exchange rate and how much you would receive.
To swap to NGN,
Select the currency you intend to swap from and NGN. Enter an amount and confirm the details are correct. The funds will be instantly credited to your Raven account.
To swap between currencies
Choose the sending and receiving currency, and once you’re done, enter an amount and confirm that the information is correct. NOTE: A new global account will be created in the receiving currency when trying to swap across currencies you haven’t enabled.
NGN — Other Currencies (coming soon)
Why Raven Global Accounts?
- Effortless Currency Management: Now’s the time to say goodbye to the hassle of currency conversion. With Global Accounts, you can hold multiple foreign currencies in one place, making it easy to manage your finances without the need for constant conversions.
- Competitive Exchange Rates: Enjoy competitive exchange rates with transparent fees, ensuring you get the most value from your international transactions. Say goodbye to hidden charges and unexpected costs.
- Fast and Secure Transactions: This feature is designed with your security and convenience in mind. Enjoy fast and secure transactions, whether you’re sending money to a supplier in another country, receiving payments from clients across the globe, or just sending money to your loved ones.
- Seamless Integration: Raven Global Accounts seamlessly integrate with your existing Raven account, allowing for a smooth and intuitive user experience. Access your global accounts directly from your Raven dashboard and enjoy easy navigation and access to essential features.
- 24/7 Support: Have questions or need assistance? Our dedicated support team is available 24/7 to assist you with any inquiries or concerns. Count on us to provide you with the support you need whenever needed.
Terms & Conditions
Global Account is an in-app feature designed exclusively for facilitating payments for freelancers and small business owners. It offers an efficient solution for making and accepting payments globally in multiple currencies (“Service”).
You are hereby informed that Raven is not the direct provider of the Service. The Service is provided by licenced partners across jurisdictions and powered by Leadremit. Leadremit is licenced by the Central Bank of Nigeria as an International Money Transfer Operator (IMTO) . Raven has been informed by Leadremit that it has obtained all necessary regulatory clearances, licences, and approvals required to provide the Service.
Raven does not provide foreign exchange services or information, and it accepts no responsibility for changes, fluctuations, or variations in foreign currency rates while you are making or accepting payments.