Help Centre Sending & receiving payments

What is a Pooled Bank Account?

Q: What is a Pooled Bank Account?

Pooled accounts are accounts that can receive money from different clients. To reconcile that payment and ensure it belongs to you and credit it correctly, you need to quote a unique reference number when sending a payment.

A pooled business account merges several individual accounts into one main account. This helps businesses or organisations simplify their money management, power payment processing, and increase collaboration.

Does 3S Money offer Pooled Accounts?

Yes, 3S does offer pooled business accounts. However, they’re not part of our standard account offering. Pooled accounts may be used in rare cases when we can’t provide individual account numbers in specific currencies or jurisdictions.

In this situation, we create a tailored banking arrangement to meet your needs and help you collect, send, and exchange payments as normal.

Please get in touch to learn more about the type of accounts we offer and discover how 3S Money can help your business scale.