Slash Global Account vs Jeeves vs Zenus for Non-US Companies: Fees, Funding Rails and Cards Compared (2026)
A US dollar account built for companies abroad lets a business incorporated outside the US hold dollars and use US payment details without forming a US entity. US clients and platforms pay into it by ACH or wire, and the company pays its US suppliers the same way. Slash, Jeeves and Zenus each offer one, and they differ on who can apply, how dollars come in and go out, what the balance legally is, and whether a card spends from it.
Slash, a financial platform for businesses, runs the Slash Global Account³ for companies incorporated in over 130 countries, with the balance held in USDC⁴. Jeeves, which issues corporate cards locally in the US, Canada, the UK, Europe, Mexico, Brazil and Colombia, holds dollars in an account called Jeeves Cash and runs a separate stablecoin payments product called Jeeves Instant Pay. Zenus Bank, licensed in Puerto Rico, opens USD corporate accounts for international companies.
The standard in finance
Slash goes above with better controls, better rewards, and better support for your business.
Key Takeaways
- The Slash Global Account gives businesses in over 130 countries a US account and routing number for ACH and wires, including international wires over SWIFT, plus USDC and USDT transfers on the same balance.
- The Slash Global Card is a Visa issued through Rain that spends straight from the Global Account balance, with per-card limits and merchant category controls.
- Jeeves Cash gives businesses registered in the US, Canada, the UK and the European Economic Area accounts in USD, CAD, EUR and GBP, and the USD account receives ACH, Fedwire and SWIFT.
- Jeeves Instant Pay, a separate stablecoin payments product, says it uses the mid-market rate and never holds funds in Jeeves custody.
- Zenus Bank, an International Financial Entity licensed in Puerto Rico, serves only institutional and corporate clients, and its client agreement refers fee amounts to a schedule that zenus.com does not link.
What Should a Non-US Company Compare in a US Dollar Account?
Each provider here gives a company abroad a way to hold dollars. The differences start with whether the company can apply from its home country and end with how a supplier in another country gets paid.
- Who can apply. Each provider checks the country where the company is registered, and the three answer it differently.
- How dollars come in. ACH and domestic wires need US account and routing numbers. SWIFT, stablecoin deposits and local rails such as Pix and SPEI each reach an account by a different route.
- How dollars go out. Paying a US vendor by ACH, a supplier abroad by SWIFT and a contractor in USDC are three separate capabilities.
- What the balance is. A deposit at a bank, a balance safeguarded by a payments company and a stablecoin balance each carry different protections.
- A card on the same balance. A card that draws from the dollar balance saves moving money to a home-country bank before spending it.
- Fees you can read before applying. A published schedule lets you compare costs before onboarding.
1. Slash: US Routing Details, Stablecoin Rails and a Visa Card Without a US Entity
The Global Account gives a business abroad a US account and routing number, with no US entity, SSN or EIN. Slash lists the countries it accepts by country of incorporation on its region pages. Mexico and Canada are on the North America page, and Brazil, Colombia, Argentina, Chile and Peru are on the Latin America page.
The account works as a mix of a bank account and a stablecoin wallet. Money that arrives by any route converts to USDC, a stablecoin pegged 1:1 to the US dollar, and shows as the account balance.
What the Global Account Does for a Company Outside the US
- ACH and wires, in and out: US clients pay in by ACH or domestic wire, and senders abroad pay in by international wire through SWIFT. The same rails pay recipients out, so a US vendor takes ACH or a domestic wire and a supplier abroad takes a SWIFT wire. RTP and FedNow are not available for outbound transfers.
- Local currency rails where enabled: Slash enables local rails account by account. An eligible account can be funded in BRL through Pix or MXN through SPEI, and in EUR through SEPA or GBP through Faster Payments, with the local currency converted into the dollar balance.
- Stablecoin transfers both ways: Send and receive USDC and USDT on 15 supported blockchains, near-instant once the transfer confirms on-chain.
- Owner sign-off on every payment: Only the company’s beneficial owners authorize outgoing transfers, each one confirmed with a one-time code sent to their email.
- A Visa card on the balance: The Slash Global Card, issued through Rain, is a corporate charge card tied to the Global Account balance. You can create unlimited virtual cards with, set per-card limits, merchant category controls and instant freeze; access takes a second application inside Slash once the account is open.
Ethan Chriss, Head of Global Accounts at Slash, explains why the balance is held in USDC. “We actually hold the balance in USDC, which gives us a lot of flexibility around doing payments and payment orchestration,” he said.
What It Costs
Every business applies through the same Slash application, and the country of incorporation decides the account. Choose a country outside the US and the application is for the Global Account. The application guide lists the documents it asks for, from formation papers to two recent bank statements.
Slash’s Global Account terms list a fee ceiling for each transfer type, including up to $1 per ACH transfer and up to $30 per wire or SWIFT transfer. Stablecoin deposits, stablecoin payments and conversions between stablecoins and dollars each carry their own fee.
Every outgoing payment shows its fee in the payment details before you create the transfer.
2. Jeeves: USD, CAD, EUR and GBP Accounts for Businesses Registered in the US, Canada, the UK and the EEA
Jeeves holds dollars in Jeeves Cash, which its site also calls Global Accounts. Its UK and Europe help center lists the countries where a business has to be registered to open a Jeeves Cash account, which are the US, Canada, the UK and the countries of the European Economic Area, and a company registered there gets USD, CAD, EUR and GBP accounts. The Global Accounts page adds that a company in Brazil gets a BRL account and one in Mexico an MXN account.
The USD account receives ACH, Fedwire and SWIFT, with ACH taking one to two business days and SWIFT two to three. Jeeves Pay sends payments to more than 150 countries in up to 40 currencies, with the exchange rate shown on the payment form before you send.
In Mexico, Jeeves sells a USD account called Cuentas USD. The product page says a business does not need to operate in the US, and then says the company has to be legally registered in the United States to get the product. Jeeves's Spanish help center describes applying for the same account from a Jeeves Mexico account, with an acta constitutiva among the documents. A Mexican company should ask Jeeves which rule applies before planning around the account.
Jeeves Instant Pay is a separate product. It moves USD, EUR, GBP, CAD, MXN, BRL and COP over stablecoin rails to 190+ countries, and its landing pages say no US entity, LLC or EIN is required. The main page lists a $0 Jeeves fee on most corridors at the mid-market rate and a local payout fee of $0.10 to $2 in some destinations, and says funds are never held in Jeeves custody. Other Jeeves pages quote 0.2% FX on stablecoin transfers, so confirm the rate on your own corridor before you send.
Jeeves's corporate card page describes cards pre-funded from Jeeves Cash, with no credit check or personal guarantee, and eligible plans pay 1% cashback on qualifying card spend. Jeeves's plans table lists that 1% for Gold and Platinum and not for the free Basic plan.
Jeeves is not a bank. Payment services run through Airwallex, and the help center says deposits are safeguarded according to where the account holder is registered, so a UK company's dollar deposits are safeguarded at a UK bank. The Global Accounts page advertises zero monthly fees and unlimited free wire transfers, and its FAQ says payments out of the account and currency conversions may carry fees.
3. Zenus: Corporate USD Accounts From a Bank Licensed in Puerto Rico
Zenus Bank is an International Financial Entity licensed in Puerto Rico, supervised by the Office of the Commissioner of Financial Institutions under license IFE-061. It closed its retail platform on October 22, 2025, and now serves only institutional and corporate clients. Its help center says eligible international companies can apply without a US entity, and Zenus assesses each application on jurisdiction, ownership structure, industry and expected account usage.
Money arrives by ACH, wire, Visa Direct and book transfers from other Zenus accounts, and SWIFT deposits in over 120 currencies convert to USD on arrival. Zenus's client agreement names wires and book transfers as the ways to pay out, and its accounts page also lists ACH for domestic payments. FX payouts run in 33 currencies at rates quoted in the Zenus portal, and qualifying clients can send and receive USDC. Zenus does not accept check deposits.
The money in the account belongs to the company registered as the account holder. Zenus calls itself a full reserve bank that does not lend out deposits, and its agreement says deposited funds are not FDIC insured and earn no interest. It charges a monthly fee and a non-refundable application fee, and the agreement refers both amounts to a Commercial Account Charges schedule that zenus.com does not link. Its Get Started page asks you to contact its account managers, and its help center describes the application and onboarding as fully digital.
Zenus is a Visa Principal Member. Its cards page sells card programs, from prepaid and debit to company-branded employee cards, launched by partners and program managers subject to approval. None of its business account pages describes a card for spending the account balance.
Side-by-Side Comparison
Provider figures reflect publicly published information as of October 2026 and are subject to change.
How to Choose a US Dollar Account for a Company Outside the US
- Check the registration list first. Jeeves's UK and Europe help center lists the US, Canada, the UK and the EEA for Jeeves Cash, and its Global Accounts page gives Brazilian and Mexican companies BRL and MXN accounts. Slash lists Mexico, Brazil and Colombia on its region pages, and Zenus assesses each jurisdiction when you apply.
- Price your outgoing payments once. Twenty ACH payments a month to US vendors cost at most $20 at Slash's $1 ceiling, against up to $600 if the same twenty went out as wires at $30 each. Ask your vendors which rail they accept.
- Fund from your home bank on a local rail. A Brazilian or Mexican company can ask Slash to enable Pix or SPEI on its account and, once Slash approves it, fund the dollar balance from its home bank without sending a SWIFT wire.
- Ask for the fee schedule before you apply. Slash's terms and Jeeves's Instant Pay page publish figures. Zenus refers its amounts to a schedule its site does not link, so request it from the account managers first.
- Check the card against your country. Rain does not issue cards to businesses registered in 17 countries, including India, Türkiye, Vietnam and Venezuela, so read the prohibitions list linked from Slash's supported countries page before counting on the Slash Global Card. Mexico, Brazil, Colombia and Canada are not on it.
Conclusion
Jeeves's USD, CAD, EUR and GBP accounts stop at businesses registered in the US, Canada, the UK and the EEA. Zenus stops at fee amounts it does not publish on its site and a business account with no card described.
The Slash Global Account accepts companies incorporated in over 130 countries, Mexico, Brazil and Colombia among them. It pairs US account and routing numbers with USDC and USDT transfers, and the Slash Global Card spends the same dollars.
Talk to the Slash team about Global Account fees for the payment rails your company uses.
Apply in less than 10 minutes today
Join the 10,000+ businesses already using Slash.
FAQs
1. What is a US dollar account for an international company without a US entity?
It's a dollar account a company incorporated abroad can open without forming a US company, with US account and routing numbers that clients and platforms pay into by ACH or wire. The Slash Global Account is one, with its balance held in USDC and stablecoin transfers available from the same account.
US Dollar Business Account From the UAE (2026 Guide)
2. Is the Slash Global Account FDIC insured?
No. The balance is held in USDC, which is not a bank deposit and carries no FDIC insurance, and Slash does not custody it. Zenus deposits are not FDIC insured either, as Zenus's site footer states.
FDIC Insurance Guide: Limits, Protection Strategies, and How to Elevate Your Coverage
3. Can the Slash Global Account send international wires?
Yes. The account sends international wires through SWIFT, using the recipient's SWIFT code and IBAN or account number, alongside ACH and domestic wires to US recipients and USDC or USDT to external wallets. RTP and FedNow are not available for outbound transfers.
SWIFT Cross-Border Payments: How They Work and Key Uses
4. Can a Mexican or Brazilian company fund the Slash Global Account in pesos or reais?
Yes, where Slash enables the rail on the account. Slash's help center says eligible accounts can be funded in MXN through SPEI and BRL through Pix, and the local currency converts into the dollar balance after you review the exchange rate and fee. An account owner requests the rail from the Add funds page, and Slash may ask for more information before switching it on.
5. Can a company outside the US get the Slash Global Card?
Yes, once its Global Account is open and a second application inside Slash is approved. The card is a Visa issued through Rain, and Rain does not issue cards to businesses registered in 17 countries, including India, Türkiye, Vietnam and Venezuela. Mexico, Brazil, Colombia and Canada are not on that list.
