Company wallets give you the flexibility to organise your money into specific ring-fenced wallets. For example, you may choose to further divide account funds for specific needs (e.g. departments, projects, an activity, etc.).
A company wallet can be created in any currency that you have activated in your Soldo account and can be used to fund multiple user or company cards.
Company wallets cannot receive money from external sources like a bank account. But you can easily transfer money between other company wallets or main wallets.
How to create a new company wallet
1. From the left-side menu select Wallets.
2. Select Company wallets.
3. Select Add company wallet.
4. Select the preferred currency for your new company wallet.
You will only be able to select an alternative currency if you have already activated multiple currencies in your Soldo account.
5. Enter a name and optional description for the wallet.
6. Select Save.
Your new Company wallet will be created in your selected currency.
You will need to transfer funds to the new wallet before you can make use of it.
Company wallets give you the flexibility to organise your account and set-aside funds into dedicated wallets for different teams, departments, projects or purposes. This makes it easier to manage budgets, control spending, and allocate funds with clarity.
For example, you might create separate wallets for:
- The marketing department
- A specific project or campaign
- A new office location or regional team
- Temporary budgets for events or travel
Each company wallet is ring-fenced and can be used to fund multiple user or company cards, or even bank transfers. Company wallets can be created in any currency that you’ve already activated in your account.
Company wallets can't receive money from external sources such as bank deposits. Instead, you can transfer funds to a company wallet from your Main wallet or from another company wallet.
How to create a company wallet
- From the navigation menu, select Wallets.
- Select Company wallets.
- Click on Create wallet.
- Choose the currency for the wallet. You will only see multiple currency options if you have already activated them in your account.
- Enter a name and an optional description for the wallet.
- Select Save to create the wallet.
Your new company wallet will appear in your wallet list, ready to be funded and assigned as needed.