Global Banking for Travel Companies Operating Across Borders
Collect in the currency your customers book in. Settle with hotels, operators, and vendors in theirs — same-day.
Capabilities
What you get with Magellan
Multi-currency collection. Accept bookings in local currency through named accounts in each market. No forced conversion at the point of collection — hold funds and convert when you are ready.
Supplier payouts. Pay hotels and operators in their local currency same-day. Reduce supplier disputes and strengthen commercial relationships with reliable, fast settlement.
Seasonal float management. Earn yield on idle balances during off-peak seasons. Move funds across currencies dynamically as booking volumes shift between regions.
Emerging market coverage. Purpose-built corridors for LATAM, Africa, and APAC — the high-growth travel markets where traditional banks either cannot operate or charge punitive spreads.
Real-time visibility. Track every payment across every corridor from a single dashboard. No more reconciling across 5 bank portals and 3 FX brokers.