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Go Global, Pay Local
with Multi-Currency Accounts

Our solution lowers the barriers to global business, simplifying the payments process for your customers and suppliers — and for you. Receive & pay out foreign currencies with a secure account in your business’ name.

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A Trusted Partner for Brands Across the Globe
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Helping you expand your business into global markets

As businesses diversify and look for new and untapped markets, many will look for opportunities to expand to new areas of the globe, but making FX transactions can be challenging.

You likely want an onshore, locally domiciled account in local currency of the country or territory where you are doing business, but opening and managing a foreign bank account can be complex. Layers of red tape, unclear regulatory requirements, language barriers and opaque costs can all present challenges.

Enter Corpay Multi-Currency Accounts.

United Arab Emirates
United Arab Emirates
China
China
Hungary
Hungary
Norway
Norway
Sweden
Sweden
Australia
Australia
Denmark
Denmark
Japan
Japan
New Zealand
New Zealand
Singapore
Singapore
Bahrain
Bahrain
Europe
Europe
Kuwait
Kuwait
Poland
Poland
United States
United States
Canada
Canada
United Kingdom
United Kingdom
Mauritius
Mauritius
Romania
Romania
South Africa
South Africa
Switzerland
Switzerland
Hong Kong
Hong Kong
Mexico
Mexico
Saudi Arabia
Saudi Arabia

Offering your business autonomy and convenience

Step 1

Gain Access

Take advantage of a simple, one-time account onboarding to become a Corpay customer.

Step 2

Open an Account

Open as many Multi-Currency Accounts as you require, in your business’s own name.

Step 3

Send Settlement Instructions to Remitters

Self-serve online access to retrieve your settlement instructions and monitor incoming payments.

Step 4

Receive and Send

Funds can be converted and paid out as needed, with convenient tracking available.

Mitigate the challenges of opening local bank accounts in foreign countries

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Gain a competitive advantage

Spend less time reconciling your remitter inflows, freeing up resources and allowing you to diversify your supply chain more easily. Plus, you’ll be able to reduce unnecessary currency conversions, enabling you to explore new markets more simply.

Take advantage of our footprint

Tap into local payment rails, and often give your beneficiaries or remitters the flexibility to choose between several settlement options. Plus, Multi-Currency Accounts are designed to make cross-border transactions faster and more efficient, giving you greater control.

Harness efficiency and security

Access and manage all your Multi-Currency Accounts at Corpay from a single intuitive online platform, including associated statements and settlement instructions. Payors’ comfort with and confidence in you can increase, knowing that payments are processed securely and at full value. Plus, there are no minimum volumes required.

Adding flexibility and transparency

With Multi-Currency Accounts, you can:
  • Mitigate the need to open local bank accounts in foreign countries
  • Pay suppliers in their local currencies
  • Receive payments from in payors in their own local currencies
  • Receive foreign currency payments into your ‘Named Account’ and convert to another currency
  • Reduce unnecessary currency conversions by managing your FX in one place

Benefits of Multi-Currency Accounts

Multi-Currency Accounts can also help protect against:
  • Extended amounts of time spent in opening multiple accounts with foreign banks
  • Higher markup on exchange rates, leading to increased costs
  • Intermediary bank fees and multiple transaction fees that can lead to significantly less than full value of a payment being delivered to a payee
  • Cumbersome process for receiving funds from payors abroad

By submitting your information through this form, you agree to receive a telephone call or email from a Corpay representative. Your information will be used in accordance with our Privacy Policy.

Need a better way to send funds globally?

Our Named Multi-Currency Accounts might be the answer you need, giving your global business greater control and visibility over incoming and outgoing payments.