USD · GBP · EUR
Draw from depth.
One account in dollars, sterling and euro. Hold your balance in the currency you were paid in, borrow against what you already own, and clear outbound payments the same working day.
- Custody
- Meridian
- Clearing
- Northfield
- Audit
- Saltmarsh
Balances
- USDUnited States dollar
- GBPPound sterling
- EUREuro
Currencies in one account
Same day
Clearing in USD, GBP and EUR
Maximum loan-to-value
To hold a balance
The account
One balance shouldn't depend on one currency.
If your income, spending or savings span more than one country, converting everything back to a single currency on every transfer quietly costs you on the spread, every time.
A TrueWells account holds dollars, sterling and euro side by side. Convert when the rate suits you — or don't convert at all.
USD
United States dollar
- Base
- 1.0000
Fedwire · ACH
GBP
Pound sterling
- per USD
- 0.7866
Faster Payments · CHAPS
EUR
Euro
- per USD
- 0.9214
SEPA · SEPA Instant
Rates shown are indicative and refreshed at the close of each working day.
The card
One card that already knows which balance to use.
Most cards hold one currency and convert everything else at the till. This one reaches for the balance that already matches the merchant, and only converts when it has no choice.
4419 0027 8814 6053
Issued by TrueWells Bank. Valid 09/29.
Pay in
Settled fromGBPNo conversion
Taken from your GBP balance. Nothing converted, no fee.
- Spends the balance you already hold
- A euro charge takes euro. The card only converts when the matching balance is short, and tells you the rate it used.
- Withdraws in all three currencies
- Two ATM withdrawals a month in each currency at no charge, then 1.5% of the amount.
- Freezes and thaws in one tap
- Freeze from the app and authorisations stop in under a second. Standing payments survive the freeze.
- Issues virtual cards per merchant
- Give one subscription its own number and its own ceiling. Cancel the subscription, burn the number.
The case for reserve
The decade that paid for a 60/40 portfolio is not the decade in front of it.
A portfolio of 60% public equities and 40% public fixed income returned 9.8% a year over the last ten years. AQR's forward estimate for the same mix is 1.4%.
That is not a reason to sell anything. It is a reason to stop leaving a settled balance on a current-account rate, and to borrow against holdings rather than liquidate them — which is what the next two pages of this account are for.
60/40 portfolio performance forecast
60% public equities · 40% public fixed income · annualised
Hover or focus either bar for the figure behind it.
Figures supplied with the project brief and shown for illustration. Past returns do not predict future returns.
Multi-currency reserve
Balance that isn't moving still earns its place.
A current account is for money in motion. Once a balance settles — savings, a runway, funds waiting on a decision — it deserves a better rate than the one built for everyday spending.
Reserve is the same three currencies held to a higher standard: a preferred indicative FX rate, priority routing when you do move it, and a quarterly review so it never just sits unattended.
See reserve ratesPrivate credit line
Borrow against what you already own.
Pledge holdings in your account and draw a credit line against them, up to 60% loan-to-value, without selling anything or resetting your position.
Your holdings stay yours. The credit line just sits alongside them, ready when you need it.
Available to draw
Drawn to 41.2%60% ceiling
- Pledged holdings
- $41,600.00
- Loan-to-value
- 41.2%
- Indicative rate
- 4.8% p.a.
- Settlement
- Same day
The app
Your whole position, on one screen.
The same figures as the web app, in the same order, refreshed the moment they change. Nothing is rounded to look tidier than it is.
- One account, three currencies
- Switch balance with the picker and the statement below follows. Three currencies, not three accounts.
- The credit line stays visible
- What you can draw and how far you have drawn it, on the first screen rather than three taps in.
- Statements you can read
- Credits, debits and the rate used, in tabular figures that line up down the page.
USD balance
$18,240.50
Updated 2 min ago
LTV 41.2% of 60% max · across all balances
Recent in USD
- Transfer from GBP12 Aug · 1.2714+$2,542.80
- Subscription — Northfield12 Aug · USD−$12.00
- Card — Blue Bottle11 Aug · New York−$6.75
Opening an account
Three steps, and the line drops.
- 01
Apply
Ten minutes online. Your name and address, an email and phone number, and the country you are taxed in.
- 02
Verify
One government ID and a proof of address. Most accounts clear within a working day.
- 03
Fund
Send from any bank in USD, GBP or EUR. All three balances open together.
Institutional backing
The infrastructure most customers never have to think about.
- Encryption
- TLS 1.3 in transit, AES-256 at rest
- Segregation
- Client funds held apart from bank capital
- Review
- Independent audit every quarter
Banking redefined for a multi-currency world.
Open an account in three currencies.
One balance, one login. Setup takes a few minutes and the account is ready to use the same working day.
Open an account