> ## Documentation Index
> Fetch the complete documentation index at: https://docs.lerian.studio/llms.txt
> Use this file to discover all available pages before exploring further.

# Midaz in a global portfolio

> Model multi-currency customer relationships in Midaz — group BRL, USD, and EUR Accounts under a single Portfolio for a unified global banking view.

export const GPortfolio = ({children}) => <Tooltip headline="Portfolio" tip="A grouping of accounts belonging to the same customer, business unit, or purpose — tying together checking, savings, and investment accounts for a unified view." cta="See glossary" href="/en/glossary">
    {children}
  </Tooltip>;

export const GAsset = ({children}) => <Tooltip headline="Asset" tip="A unit of value tracked in the ledger — traditional currencies (BRL, USD), digital currencies (BTC), or custom units like loyalty points. Every account is linked to exactly one asset." cta="See glossary" href="/en/glossary">
    {children}
  </Tooltip>;

With Midaz, you can build a global account structure like the ones major banks offer. Clients hold accounts in multiple currencies, such as BRL, USD, and EUR. You manage every currency account under a single client profile.

## What changes with Midaz

***

| Without Midaz                                                           | With Midaz                                                                                                                        |
| :---------------------------------------------------------------------- | :-------------------------------------------------------------------------------------------------------------------------------- |
| Multi-currency accounts require separate systems or complex workarounds | Each currency is an <GAsset>Asset</GAsset>; accounts in different currencies grouped under one <GPortfolio>Portfolio</GPortfolio> |
| No unified customer view across currencies                              | A single portfolio shows all of a client's accounts — BRL, USD, EUR — in one place                                                |
| Currency-specific reporting built manually per system                   | Query all accounts under a portfolio via API for consolidated financial views                                                     |
| Adding a new currency means provisioning new infrastructure             | Create a new Asset and an account — the ledger handles the rest                                                                   |

## Using Midaz

***

* **Organization and Ledger:** ABC Bank registers as an Organization in Midaz. It then creates a Ledger to track all customer transactions.
* **Assets:** The bank defines an Asset for each currency it supports.
* **Customer Portfolios:** Each customer has a Portfolio. It groups their checking, savings, and credit accounts in one place.
* **Customer Accounts:** Create an Account for each currency the customer uses. Group these accounts under the customer's Portfolio.

### Example: Maria’s international business needs

Maria is an entrepreneur in Spain who runs an e-commerce business that sells handmade crafts worldwide. Her customers are in the U.S., Europe, and Japan, so she manages several currencies.

She opened an account with **ABC Bank**, which uses Midaz to manage its transactions.