Move money in pounds sterling — without a UK bank account*.
Collect from UK customers, pay UK suppliers, and manage the FX in between — on named GBP virtual accounts that settle to you in the currency you already bank in.
banks & building societies connected to Faster Payments
2008
one of the world's first real-time payment systems
Why local rails matter
The UK pioneered real-time payments. Your rails should meet that standard.
In the United Kingdom, Faster Payments has settled transfers in seconds since 2008 — one of the first real-time payment rails in the world — moving billions of pounds every day between the banks and building societies connected through Pay.UK.
For merchants operating from outside the United Kingdom, that speed creates two problems. Without a local account, there's no straightforward way for a British customer to pay you in British pounds, and generic pooled accounts make it difficult to tell whose payment just landed. Paying a British supplier from abroad usually means a slow international wire, an unfavourable exchange rate buried in the transfer, and days of uncertainty before the supplier can confirm receipt.
DSGPay solves both sides from one platform. You get a dedicated named local GBP virtual account plus the foreign exchange to move value in and out of British pounds at rates built for volume, not for one-off retail transfers. No British entity required. £ in, your currency out — or the reverse, for payouts.
The DSGPay UK stack
Four building blocks. One GBP-denominated ledger.
Use one, or use all four — collections, payouts, and FX are designed to sit on top of the same named account infrastructure.
Collect
1. Named Virtual Accounts
A dedicated GBP account opened in your merchant name. British customers deposit directly into it in real time, exactly as they would to any local business — no card rails, no wallets, no waiting.
Customer deposits GBP
→
Your named account
→
Settled in USD, EUR, JPY, SGD, AUD
Reconcile
2. Collections
One-time, single-use GBP virtual accounts generated per transaction or per customer. Built for high-volume merchants who need to identify exactly which British customer paid, without manual matching.
Unique account per order
→
Auto-matched deposit
→
Clean reconciliation
Pay out
3. GBP Real-Time Payouts
Prefund in USD, EUR, or your working currency, and pay British suppliers, partners, or employees in British pound in real time — on Faster Payments, the same rails British businesses use to pay each other.
You prefund
→
DSGPay converts
→
Supplier paid instantly
Convert
4. GBP FX
Buy and sell GBP against USD, EUR, JPY, SGD, AUD, and 30+ other currencies, at rates built for the volume behind your collections and payouts, not a one-off retail conversion.
30+ funding currencies
→
Competitive GBP rate
→
Applied automatically
Why UK, on DSGPay
Built for how money actually moves in UK
Your presence in UK
A named GBP virtual account gives you a local footprint without the cost or delay of setting one up yourself.
Real-time reconciliation
Clearly separate and identify incoming GBP deposits so every transaction and balance updates instantly.
Faster and cheaper
Local GBP rails settle faster and at a lower cost than routing every transaction through SWIFT.
30+ currencies
Fund and settle in USD, EUR, JPY, SGD, AUD, and dozens of other major and regional currencies alongside GBP.
How the money moves
Two directions, one platform
Collections bring GBP in and settle out in your currency. Payouts start in your currency and land in GBP. DSGPay's FX sits in the middle of both.