A Cash Management Account with Stockal enables you to save and invest money in a higher value currency. So you don’t feel as much of a pinch when you need to spend it.
What is a Cash Management Account?
An overseas savings & expenses account that you can use anywhere, any time
Create
Apply for a Cash Management account in 5 mins with our broker and banking partners
Fund
Once your account is approved, fund it digitally using Stockal’s banking tie-ups in your country
Use
You can then access it anytime, anywhere through a debit card, ATM, online, or P2P transfers
Save, Invest and Spend, in Dollars
Better than a typical US$ savings account. No minimums. Generate interest. Transfer and spend money, any how you like. No SSN or US Visa needed.
Get a shiny new debit card
Swipe at a restaurant when you travel. Shop offline or online. Withdraw cash from an ATM in any country!
Transfer money easily
Immediate liquidity. No limits on how much you can transfer or pay. Send to family or friends, pay university fees and more.
When traveling overseas
No need to buy last-minute forex at arbitrary exchange rates. Use your cash management card.
For your kids studying abroad
Save money for fees over time instead of redeeming your local investments and sending money at the last minute
When migrating
Manage your finances during migration better, by saving-up in US Dollars to avoid currency exchange shocks
For work in other countries
Clients overseas? Get paid in a US$ account directly to avoid two-way forex charges
When traveling overseas
No need to buy last-minute forex at arbitrary exchange rates. Use your cash management card.
For your kids studying abroad
Save money for fees over time instead of redeeming your local investments and sending money at the last minute
When migrating
Manage your finances during migration better, by saving-up in US Dollars to avoid currency exchange shocks
For work in other countries
Clients overseas? Get paid in a US$ account directly to avoid two-way forex charges
Diversify money geographically
It’s always a good idea to diversify your money across multiple currencies, to protect yourself against fluctuations in the economy in your country
Increase your returns on savings
Get returns of 2-3% US$ terms annually, which when converted locally gives much higher returns than your regular savings accounts
Launching soon. Join the waitlist to be the first to start investing.