When you’re running events, every hour counts. Supplier deposits, crew payouts, refunds, and last-minute changes all depend on payments that actually move fast and in the right currency. Easykonto helps UK event organisers replace slow, fragmented banking setups with a modern, multi-currency business account from a regulated Electronic Money Institution (EMI)—plus the processes and integrations to make it run smoothly.
Snapshot (TL;DR)
- Faster transfers across key routes (often same-day or near-instant), so suppliers aren’t left waiting.
- One account, many currencies—hold, receive, and pay without juggling multiple bank accounts.
- Straightforward pricing with predictable FX and fewer surprise fees.
- Bulk & scheduled payouts for vendors, crew, and performers—done in one go.
- Real-time visibility via a single dashboard with exportable reports.
- Hands-on implementation from Easykonto.dk: eligibility, onboarding, flows, and integrations.
Why High-Street + Stripe Starts to Strain Ops
- Settlement drag: 1–5 day delays squeeze cash flow and stress relationships.
- FX friction: Cross-border fees and forced conversions quietly chip away at margin.
- Currency sprawl: Multiple accounts for different currencies create admin overhead.
- Limited overview: It’s hard to see ticket income, deposits, payouts, and refunds in one live picture.
How Easykonto Helps (End-to-End)
- Fit & risk assessment – Volumes, corridors, currencies, and counterparties.
- KYC pack assembly – We prepare the required documents with you.
- Application & account opening – We manage the process and keep it moving.
- Payment flow design – Currency policy, approvals, refund logic, batch runs.
- Integrations – Accounting, dashboards, exports/API, bulk files, schedules.
- Testing & training – Dry runs for incoming/outgoing, plus team enablement.
- Optimisation – Ongoing tuning of fees, FX strategy, and controls as you scale.
What a Modern EMI Setup Delivers
- Speed where it matters
Many local and cross-border routes settle same-day or near-instant; in-network transfers can be instant and low-cost (sometimes free), keeping production timelines intact. - Multi-currency made simple
Operate in 30+ currencies from one online dashboard; convert only when it benefits you. - Pricing you can plan around
Clear fees and transparent FX so finance can forecast with confidence. - Payouts at scale
Upload a file or trigger a run to pay hundreds of vendors, crew, and contractors—now or on a schedule. - A single source of truth
Live balances, transaction tracking, and exportable reports reduce end-of-month chaos.
Note: EMIs aren’t banks. Client funds are typically safeguarded in segregated accounts (not covered by deposit insurance like FSCS). We explain the implications and set practical controls.
Event-Ready Flows We Configure
- Venues: Deposits and balances scheduled to the day.
- Ticket settlements: Keep your PSP; land proceeds in multi-currency to minimise forced FX.
- Vendors & production: Caterers, AV, staging, security—paid in one bulk file.
- Crew, freelancers & artists: Cross-border payouts using local rails where possible.
- Marketing spend: Pay global platforms and agencies without punitive conversions.
- Refunds & contingencies: Pre-built workflows for partials, full refunds, and post-event adjustments.
A Low-Risk Migration Plan
Week 0–1 – Discovery & Fit
Confirm requirements, currencies, and corridors.
Week 1–2 – Onboarding & Account Opening
Prepare documents and submit; design flows in parallel.
Week 2 – UAT
Test incoming settlements, batch payouts, approvals, and schedules.
Week 3 – Go-Live
Move a safe subset first (e.g., vendor payouts), then expand.
Onboarding Checklist (We Co-Prepare)
- Company registry extract & incorporation docs
- Shareholder/UBO structure, director IDs & proofs
- Recent bank statements (where relevant)
- Principal contracts (venues, suppliers) & sample invoices
- Website, event portfolio, and social proof
- Basic AML/PEP screening information
Old vs New (At a Glance)
High-Street + PSP
- Slower settlements, fragmented currencies
- Opaque FX and fees
- Manual, time-consuming batch runs
- Limited real-time insight
Easykonto+ EMI
- Same-day/near-instant transfers on key routes
- One account for many currencies
- Bulk & scheduled payouts built in
- Clear dashboard and cleaner month-end
Ready to Make Payments Work Like Your Events Run?
If you’ve got festival season, touring shows, or a busy expo calendar ahead, now is the time to fix payments.
Book a consultation at Easykonto and let’s get your modern multi-currency account live so your next event is not just memorable, but financially seamless.