COLIBRIX ONE adds USD and PLN to its Swift service

Malta-based payments platform COLIBRIX ONE has broadened the currencies its business customers can send and receive over Swift, adding USD (US dollar) and PLN (Polish zloty) to a wire-transfer service that until now moved euro only.

This step follows the company’s April rollout of euro payments over Swift and, the company says, is the next stage in a phased plan to widen its currency line-up. COLIBRIX ONE has not said which currencies will come next, only that the list will grow in step with where its clients trade.

For COLIBRIX ONE’s clients, most of them ecommerce operators, marketplaces and digital service providers, the change means they can invoice and be paid in dollars and zloty without opening accounts at other banks. Both incoming and outgoing transfers are covered, letting companies collect revenue and settle supplier bills across the more than 100 countries the Swift network reaches. Find out more about COLIBRIX ONE business accounts.

The dollar is the more consequential addition. It remains the default settlement currency for much of international trade, and firms dealing with US or Asian suppliers have often had to route those payments through separate correspondent banking arrangements. The zloty reflects demand from clients with operations or partners in Poland, one of central Europe’s larger ecommerce markets. Each transfer carries Swift’s tracking data, so payment can be followed from the moment it leaves the account until it lands.

COLIBRIX ONE says its real edge is not any single currency but how payments are organised. Every customer holds one dedicated IBAN issued in the company’s own legal name, rather than a shared account number used by many businesses at once. Euro payments through SEPA and SEPA Instant sit on the same IBAN as the dollar and zloty wires sent over Swift, with SEPA Instant clearing in seconds at any hour of any day. Incoming funds stay in the currency they were sent and are held as a separate balance for each, with nothing converted on arrival, so payments land already matched to the right account, sparing finance teams the manual cross-checking that scattered setups tend to require.

“A shared IBAN can look fine while payment volumes are low, but at scale it starts to show its limits: reconciliation gaps, identification issues, counterparty trust concerns,” said Margarita Matjanova, head of COLIBRIX ONE’s corporate customer department. “A dedicated IBAN in the company’s own name keeps payments visible and identifiable, and that helps a business operate reliably as it grows across markets.”

The named-IBAN structure also carries a compliance angle. Because the company’s name shows on both sides of a transaction, counterparties can confirm exactly who they are paying or being paid by, a point that matters more as European regulators tighten expectations on payment transparency.

COLIBRIX ONE operates as a trading name of Mellifera Operations Limited and Mellifera Kartiera Limited, the latter an electronic money institution authorised by the Malta Financial Services Authority. Alongside business accounts, the platform offers card acquiring and issues virtual cards for online merchants.