Marlo Business Account
Your Global Account, Simplified
Manage your maritime finances with ease. Open a global account, choose your currency, and send or receive payments without the extra cost of currency conversion and transaction fees.
Global Accounts
Open Global Accounts in Minutes
Set up local and foreign currency accounts quickly, all from one platform.
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Make global transactions
Send and receive payments in any currency without costly conversion fees.
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No hidden fees
No account opening charges, no monthly fees, and no minimum transaction requirements.
Cost-Effective Transfers
Send Money Worldwide
Transfer money globally with real exchange rates and no high fees.
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Quick currency swaps
Exchange up to 40 currencies instantly, without extra costs.
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Save on transactions
Handle multiple currencies and avoid unnecessary conversion fees.
Simplified Transactions
Manage Your Finances in One Platform
Handle global transactions seamlessly with our integrated accounts.
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Multi-currency management
Easily manage different currencies through a single platform.
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Clear financial reporting
Access detailed reports to make informed financial decisions.
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Custom integrations
Integrate with your preferred banks and accounting tools for easier management.
Instant Global Account Setup
Open your MARLO Global Account online in minutes. Collect and spend in local currencies, avoiding conversion fees.
Open your account
100% online submission, and get access to your multi-currency account details and free local transfers within hours.
Transparent and low cost FX
Enjoy savings on international payments, up to 3x cheaper than banks. Always know your costs before making transfers.
Why Marlo?
Take Control of Your Global Finances
Marlo’s global account simplifies your multi-currency needs, helping you save time and money.
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Avoid unnecessary fees
No account maintenance fees or hidden charges.
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Effortless cash management
Convert and manage multiple currencies in just a few clicks.
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Secure and protected
Your funds are safeguarded with bank-level security and encryption.
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Save on currency conversions
Avoid conversion fees by receiving payments in the same currency as your customers.
Take control of your maritime financial operations
Elevate your maritime business with Marlo's comprehensive suite of financial tools. Gain real-time insights into voyage P&L, manage contract cash flows, automate invoicing, and track your vessels—all in one platform.
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Frequently Asked Questions
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What is a global account?
The global account serves as a collection feature within Marlo's financial suite. It assigns you a unique account number, enabling the seamless aggregation of funds from diverse platforms like PayPal, Amazon, or your merchant accounts through SWIFT and domestic payment methods. Importantly, the global account does not hold funds; it merely consolidates payments, which are then directly transferred to the corresponding currency wallet.
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How does a global account differ from a bank account?
The global account functions as a banking account, enabling you to receive payments via SWIFT and/or local payment systems. Payments received are automatically credited to your wallet, from which you can initiate transfers.
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How is my global account different from my Marlo wallet?
Global accounts collect payments on your behalf and transfer the funds directly to your Marlo wallet. From this centralized wallet, you have the capability to execute payments.
For instance, you may possess multiple USD global accounts spanning different regions. Upon receipt of payments into any of these USD global accounts, your USD wallet is immediately updated with the aggregated amount, enabling you to initiate transfers. We have streamlined this process by consolidating all your funds into a single account.
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How much can I keep in my global account?
No funds are retained in your global account. All funds from your global account are consolidated into your wallet, from which you can initiate transfers.
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Will my personal information be shared?
Marlo’s partner, Airwallex, does not share personal data with third parties unless required by law or in connection with the operation of the business.