If you're a U.S. company expanding into Europe, you want to make it as easy as possible for customers and vendors to do business with you.

One way to accomplish this is to accept and make payments in euros. While your local U.S. bank may be able to set up an account and accept international payments, there are a number of advantages to having EuroDev set up a wholly European account on your behalf.

For instance, with a European bank account:

• You're eligible for lower costs on transfers between European bank accounts.
• You aren't subject to currency conversion fees.
• Cash transfers within the European Union are processed within three working days, which can positively affect your cash flow.
• As of Jan. 1, 2012, cash transfers within the European Union are processed within one working day--again, a benefit that can boost your cash flow.