Banking that
crosses borders
Multi-currency,
by default
Virtual account references
Receive against virtual account identifiers issued through our correspondent institutions in the currencies you operate in. These are not accounts held with a bank in the European Union, the United Kingdom or Switzerland.
Transparent FX
Convert at published rates with the margin disclosed on every instruction. Rates are indicative until execution and are not guaranteed.
Segregated & reconciled
Client funds are recorded separately from MYRA’s own assets and reconciled continuously. Segregation is an operational control — it is not a deposit guarantee.
How virtual account
references work
Legal account holder
The underlying account is held by MYRA Bank Ltd with a correspondent institution. You are not the legal holder of that account.
Who operates it
MYRA operates the reference and the ledger position behind it. The correspondent institution operates the underlying payment account.
Where funds sit
Funds are held by the correspondent institution in its jurisdiction of establishment. That jurisdiction may differ from the country indicated by the identifier’s country code.
Not a local bank account
A reference bearing a European IBAN, a UK sort code or a Swiss SIC identifier does not mean you hold an account with a bank in that country, and no local deposit protection applies.
Name matching
The account name shown to a payer may differ from your own name. Under Regulation (EU) 2024/886, payee verification is performed by the payer’s institution and may return a mismatch.
What you hold
Your entitlement is a claim against MYRA Bank Ltd recorded on MYRA’s ledger. It is not a claim against the correspondent institution, and it is not covered by any deposit guarantee scheme.
A card the world takes seriously.
Metal cards settled directly against your MYRA balance, in any currency, with concierge and lounge access included by default. No points, no gamification — just a private instrument that clears where the scheme is accepted.
Illustrative interface. The card, the number and the name shown are fictitious and do not represent a live account, an actual balance or a guarantee of terms.
Cross-border,
one instruction
One instruction layer
Instruct once; MYRA routes through the appropriate correspondent. MYRA is not a direct participant in SEPA, SEPA Instant, Faster Payments, Fedwire or ACH, and holds no payment institution or e-money authorisation in the EU, the UK or Switzerland.
No onward clearing
MYRA does not provide correspondent or clearing services to other financial institutions, and does not permit nested or downstream use of its accounts.
Standing structures
Recurring transfers, sweeps and multi-entity payments coordinated by your private office.
Illustrative interface. The balances, currencies and account references shown are fictitious and do not represent a live account, an actual balance or a guarantee of terms.
Funds held with MYRA Bank Ltd are not protected by any deposit guarantee scheme. MYRA is not a member of a deposit guarantee scheme under Directive 2014/49/EU, is not covered by the UK Financial Services Compensation Scheme, and is not covered by esisuisse. In the event of MYRA’s insolvency, client claims rank according to the insolvency law of the Union of the Comoros and may not be recovered in whole or in part. Clients bear the full credit risk of MYRA and of its correspondent institutions.