> ## Documentation Index
> Fetch the complete documentation index at: https://docs.bullring.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# Multi-currency Operations

> Common patterns for managing multiple currency balances and conversions.

## Overview

Bullring's multi-currency architecture allows each subaccount to hold balances in all supported fiat currencies simultaneously. This design enables seamless operations across different regions without needing multiple accounts.

### KYC Requirements

<Warning>
  **Important**: Subaccounts must complete verification to access currency operations. The scope of currencies and payment methods available depends on the documentation provided during verification.
</Warning>

Bullring operates a single verification process that unlocks access to different currency corridors based on the completeness and type of documentation submitted. For details on how to verify subaccounts, refer to the [Customer Onboarding](/en/use-cases/onboarding) guide.

## Common Use Cases

### Cross-border Business Operations

* Collect payments in local currencies (BRL, NGN, GHS)
* Maintain reserves in multiple currencies
* Convert to preferred currency when needed
* Send payouts in recipients' local currencies

### Crypto-to-Fiat Bridge

* Receive stablecoins (USDC/USDT) which are credited as USD
* Convert USD to local fiat currency
* Send fiat payouts to bank accounts
* Related: [Crypto Off-ramp](/en/use-cases/crypto-offramp)

### Currency Risk Management

* Hold multiple currency balances to hedge against volatility
* Pre-convert to target currency before exchange rate changes
* Match currency of revenue with currency of expenses

### Remittance Services

* Collect in sender's currency
* Convert at optimal rates
* Deliver in recipient's local currency
* Related: [Remittance](/en/use-cases/remittance)

## Multi-currency Workflow Example

### Step-by-step conceptual flow

1. **Fund the subaccount** in any supported currency via deposits.
   * Link: [Deposits & On-Ramping](/en/use-cases/fiat-on-ramp)

2. **Monitor balances** across all currencies in the subaccount.

3. **Convert currencies** internally as needed for your use case.

4. **Send payouts** in the appropriate currency.
   * Link: [Beneficiaries & Payouts](/en/use-cases/beneficiaries)
   * Link: [Collections and Payouts](/en/use-cases/collections-and-payouts)

## Related Topics

* [Supported Currencies](/en/supported-currencies) - Full list of available currencies and networks
* [Accounts & Subaccounts](/en/accounts) - Understanding account structure
* [Pre-Transaction Estimates](/en/use-cases/rates-estimates) - Getting exchange rates and fees
* [Deposits & On-Ramping](/en/use-cases/fiat-on-ramp) - Funding your account
* [Beneficiaries & Payouts](/en/use-cases/beneficiaries) - Withdrawing funds
* [Remittance](/en/use-cases/remittance) - Cross-border payment flows