US Bank has introduced a set of services designed to help firms in the United States manage cash across borders during a period of financial uncertainty.
The offerings are targeted in particular at mid-sized companies, which often face difficulties when handling overseas payments and currency exposure. The bank’s global liquidity suite allows businesses to consolidate cash positions and oversee international transactions from the United States.
One of the central features is the option to hold balances in up to 23 different currencies, including EUR, GBP, JPY and AUD, while keeping deposits within FDIC-insured accounts in the US. This structure reduces the need for firms to open accounts in foreign jurisdictions and lowers reliance on constant currency conversions.
Tools for foreign exchange and reporting
The package also includes a multi-bank reporting dashboard to give companies visibility across accounts held at different banks, foreign currency time deposits to earn interest on surplus holdings, and the ability to receive payments in euros and pounds that settle into US-based accounts. According to representatives from US Bank, these features are intended to simplify the way firms manage foreign exchange and cross-border flows while maintaining central oversight of funds.
Officials from the bank noted that many US businesses have traditionally avoided such arrangements because they assumed they were complex or inaccessible. They explained that by consolidating liquidity domestically, companies could reduce foreign exchange costs, strengthen operational continuity and react more quickly to market shifts. Bank representatives added that the suite can be adapted to the needs of different firms, particularly those seeking to protect currency holdings and streamline their treasury operations.
US Bancorp, the parent company of US Bank, reported USD 686 billion in assets as of June 2025. The institution employs roughly 70,000 people and operates across consumer, business, commercial, institutional, and wealth management sectors.
