Flagstone Adds Dollar and Euro Savings Accounts for UK SMEs

Flagstone, Britain’s largest cash deposit platform, helps businesses spread funds across banks and savings products through a single service. The addition of foreign-currency accounts is significant for small and medium-sized companies that receive or retain cash in dollars or euros, allowing them to manage liquidity in the original currency and potentially avoid unnecessary foreign-exchange conversions.

Flagstone said it is adding U.S. dollar and euro business savings accounts for UK SME clients holding foreign-currency cash. The company did not disclose interest rates, minimum deposit requirements or a specific launch date in the information provided. The new options broaden Flagstone’s existing financial-product range and give corporate customers more flexibility to manage cash across multiple currencies on its platform.