Lähikuva tulostetusta taulukosta.

Accounts and payments abroad

Payments into your company's account faster

Did you know that opening an account with a foreign bank may bring significant benefits to your company?

When your company goes global, a flexible choice for managing regular and ongoing payments is to open an account in the country concerned. Customer relationship with a bank based in your business partner's home country gives added value to your international trade customer relationships.

If an account is opened abroad for your company and your company's sales or subsidiary company, you can use the account to receive payments conveniently from local customers or make payments to local suppliers and this is how your company can make use of the benefits from local transactions in a variety of ways.

Money into the account fast and at low cost

Payments made by your company's customers and suppliers will be delivered to the other party's account in the country of destination 2–3 days faster. Moreover, banking charges in Finland are lower because only fees for the local payment are charged instead of fees for international payments. Your company can manage all of its account through a single bank connection software.

In case outgoing and incoming payments fulfil the criteria for SEPA credit transfers, the most cost-effective way for your company is to make and receive international payments from/to a euro account. They cost as much as for equivalent domestic payments. Your company's cash is in a single place and no time is wasted for managing new accounts.

Opening an account with partner banks with ease

Your company can open a UniCash account through OP in 25 European countries according to a pre-agreed, simple model. The UniCash network gives your company access to over 40,000 branches and a customised OP service package.

Your company can also easily open a bank account with our partner banks across the world. We will contact a foreign bank for your company and find out local practices and requirements for various documents.

Please contact your own member cooperative bank and we will be pleased to support your company in the account opening process and help you in challenges presented by going global. Together we will find the best solutions for the needs of your company's international cash management.

The service includes

  • opening an account at your local OP cooperative bank
  • daily bank statement into your company's bank connection software
  • managing the account through your company's own bank connection software from Finland
  • collecting payments into an account with a foreign bank
  • making payments from the account with a foreign bank.
  • transferring funds in the account between banks without lost value days.

Our incoming international payments enable your company to receive non-euro payments and payments from outside the SEPA in your company's account with OP.

Our outgoing international payments enable your company to make payments outside the SEPA or in a non-euro currency.

If your company engages in international trade in a non-euro currency, it is advisable to open a currency account with OP.


The account is granted by the OP cooperative bank.