2–5 days
2–5 seconds
On-time payroll, every cycle
No more waiting on correspondent banks to relay salaries one hop at a time — payroll moves through local rails, without the multi-day path of a bank wire.
International Payroll Payments, Local Everywhere
Pay your team across 50+ markets with local accounts in each country — no correspondent banks, no manual FX, no missed paydays.
Payroll run — July 2026
One run, paid locally everywhere
🇪🇸 Spain · Origin 🇵🇱 Paid in PLN ✓ 🇮🇳 Paid in INR ✓ 🇲🇽 Paid in MXN ✓ 🇵🇭 Paid in PHP ✓ 🇦🇷 Paid in ARS ✓
50+ markets, one payroll run
2–5%
0.3–0.5 %
Transparent FX, every payout
Banks often quote rates well off mid-market, and the markup is rarely shown upfront. VirtuaBroker shows the rate before every payroll run, so you know exactly what you’re paying.
The fix
How VirtuaBroker helps payroll teams
One platform replaces the patchwork of banks, brokers, and manual FX — so every employee gets paid locally, on time, every cycle.
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Local payout, not correspondent relays
Replaces delayed salariesEmployees receive pay in local currency through local rails — architecture built to settle in minutes, not the multi-day path of a bank wire.
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One platform, 50+ markets
Replaces per-country bankingOpen local accounts across your payroll footprint without opening a single local bank account — onboard once, pay everywhere.
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Move liquidity on demand
Frees trapped capitalShift funds between currencies and markets when you need them — so you pre-fund far less cash sitting idle across multiple countries.
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Transparent FX, no hidden spreads
Replaces opaque conversionConversions built on mid-market rates with no spread buried inside the transfer — what you see is what moves.
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Full payroll visibility, run to settlement
Replaces the black boxTrack every employee payout end to end — no more emailing banks on payday to ask where the money is.
Hidden fees eat your margin
Compare the real cost of your payments
Your bank takes a cut on every supplier payment and every buyer receipt. Most of it is never shown upfront.
Country from
Country to
Typical bank
Estimated monthly costs
€1,000–€2,500
Between 2% and 5% in fees and FX markup
VirtuaBroker
modern infrastructureEstimated monthly costs
≈€225
Around 0.45% depending on corridor, volume, and account terms
Your estimated savings
up to €2,275
every month
Over a year
€9,300–€27,300
back in your business
vs a 2% bank €775/mo vs a 5% bank €2,275/mo
Side-by-side breakdown
| Metric | Typical bank | VirtuaBroker |
|---|---|---|
| Monthly volume | €50,000 | €50,000 |
| Estimated costs | €1,000–€2,500 | ≈ €225 |
| Monthly savings | — | €775–€2,275 |
| Annual savings | — | €9,300–€27,300 |
Bank estimates based on a typical total cost of 2–5% in fees and FX markup on international payments; actual charges vary by institution. VirtuaBroker pricing shown is indicative — around 0.5%, depending on the currency and the amount — and is confirmed when you open an account. Figures shown are estimates.
Frequently asked questions
FAQs
How fast do payroll payments actually settle?
Payroll runs are built to settle in seconds to the same business day, depending on the destination market and local banking rails. By using local accounts instead of correspondent banking, VirtuaBroker removes the multi-hop delays common with traditional international transfers.
Which countries does VirtuaBroker support?
The platform currently covers 50+ markets, including named local accounts across the EU, UK, US, Canada, Hong Kong, all of Latin America, and a growing footprint across Africa and Southeast Asia. Coverage and account type vary by market — some support full local holding, others route through to stable settlement.
What happens with payments to high-inflation or restricted currencies?
For markets where holding local currency carries volatility risk, funds are collected locally and routed to a stable settlement currency rather than held long-term in that currency. This keeps your working capital protected from local currency depreciation while still allowing local collection.
Is VirtuaBroker regulated?
Yes. VirtuaBroker operates under its own regulatory licences and works with regulated financial partners, providing an additional layer of compliance and security across our payment services.
Do I need a local entity to open a named account in each market?
No — named local accounts are held in your existing company's name, so you don't need to incorporate locally to collect or pay in that market.
How is pricing calculated?
Pricing depends on corridor, volume, and account terms rather than a single flat rate. See the cost comparison above for an illustrative example, or contact us for a quote specific to your payment volumes.
Can I see how this works for a specific corridor, like Spain to Brazil?
Yes — contact us for a walkthrough of how collection, routing, and payout work end to end.
Ready to simplify your global payments?
Stop losing time and money to slow bank transfers and hidden FX spreads. See how VirtuaBroker helps payroll teams pay their people locally, on time, in every market.