This article outlines the steps in Corpay One for US based users to send international payments in a local currency. You can fund an international FX payment with bank accounts only at this time.

Adding an international vendor

  1. Navigate to Vendors in the side menu to the left, and click on Add Vendor ** in the upper right corner:

  2. Enter your vendor’s business details including:

    • Vendor Name

    • Country

    • Address

    • Email address

    Then select the FX card in the payment method section.

3. Enter your vendors details including

  • Bank country

  • Currency you will send

  • Purpose of Payment for your vendor (for example goods, services, or travel)

  • Begin typing your vendors bank name & select the correct bank from the dropdown list - bank address information will populate automatically

  • Vendors SWIFT & IBAN/Account number.

4. Review the entered information, and click the save button. You’re now ready to send your first international FX payment.

Sending an international FX payment

  1. Select the Add Bill button in the top right corner from anywhere within the Corpay One application.

  2. Upload, manually create, or email your bill for your international vendor.

3. View your international bill in the inbox and review the details.

4. You can adjust the fixed amount between USD and the destination currency to control what amount is sent or received.

  • Fixing a USD amount will have Corpay One debit you for the USD Payment Amount, and we’ll convert it to the equivalent amount in your vendors currency based on the exchange rate.

  • Fixing a foreign currency will have Corpay One debit you for the USD equivalent of the Vendor Receives amount based on the exchange rate. This option ensures your vendor receives an exact amount in their local currency.

  • Conversion rate is based off the market rate at the time of viewing. At the time of payment initiation, FX rates may differ from the current estimated conversion rate displayed

5. When you’re ready to submit your payment, click the Approve & Schedule button. If you have auto-schedule enabled, we’ll take care of initiating your payment for you when the time comes. If you don’t have auto-schedule enabled, or wish to pay your bill sooner, you can select the Pay Now button from the Scheduled tab to submit the payment for processing today.

  • At the time of payment initiation, FX rates may differ from the current estimated conversion rate displayed. Cancellation fees and conditions may apply. To learn more, view our Terms of Service.

How long does it take Corpay One to deliver international payments to my vendor?

Corpay One’s system allows you to initiate payments immediately or to schedule payments for later dates using the Auto Schedule feature, which can be enabled by navigating to Settings > Advanced > Payments (you may also initiate payment manually by hitting the Pay Now ****button on an unpaid bill).

If Auto-Schedule is enabled, Corpay One will initiate your bill payment up to 10 business days in advance of the due date, depending on the payment method set for that vendor. You may also initiate payment manually by hitting the Pay Now ****button on an unpaid bill. Important details to note about processing times:

  • If this is one of your FIRST payments in Corpay One, please note that processing times may take an additional few days. This is due to bank’s security measures around new connections being established.

  • Official bank holidays (e.g. Thanksgiving Day, Labor Day, etc.) are excluded from the processing time estimates below.

Processing time after the bill is initiated: 4-10 business days

Cost: $0

  • ****This time frame may vary depending on the receiving bank and country. Processing requirements vary from country to country, so Corpay One does not have full control of the processing time.

  • The receiving bank may charge a fee for international payments that may be deducted from the full remittance amount.

Where can Corpay One deliver FX payments to?

Corpay One can deliver FX payments to the following list of countries:

Denmark

United States

United Kingdom

Albania

Algeria

Andorra

Angola

Argentina

Armenia

Aruba

Australia

Austria

Azerbaijan

Bahrain

Bangladesh

Barbados

Belgium

Belize

Benin

Bermuda

Bhutan

Bosnia and Herzegovina

Brazil

British Indian Ocean Territory

Bulgaria

Burkina Faso

Cameroon

Canada

Cayman Islands

Chad

Chile

China

Colombia

Costa Rica

Croatia

Cyprus

Czech Republic

Djibouti

Dominica

Dominican Republic

El Salvador

Equatorial Guinea

Estonia

Fiji

Finland

France

French Guiana

French Polynesia

Gabon

Georgia

Germany

Gibraltar

Greece

Guadeloupe

Guatemala

Guyana

Haiti

Holy See (Vatican City State)

Honduras

Hong Kong

Hungary

Iceland

India

Indonesia

Ireland

Israel

Italy

Jamaica

Japan

Jordan

Kazakhstan

Kenya

Korea, Republic of

Kuwait

Kyrgyzstan

Lao People's Democratic Republic

Latvia

Lesotho

Liberia

Liechtenstein

Lithuania

Luxembourg

Macao

Macedonia, The Former Yugoslav Republic of

Madagascar

Malawi

Malaysia

Malta

Martinique

Mauritania

Mauritius

Mayotte

Mexico

Micronesia, Federated States of

Moldova, Republic of

Monaco

Mongolia

Morocco

Mozambique

Namibia

Nepal

Netherlands

New Caledonia

New Zealand

Nigeria

Norway

Oman

Panama

Papua New Guinea

Paraguay

Peru

Philippines

Poland

Portugal

Qatar

Romania

RWANDA

Samoa

San Marino

Sao Tome and Principe

Saudi Arabia

Senegal

Seychelles

Sierra Leone

Singapore

Slovakia

Slovenia

South Africa

South Georgia and the South Sandwich Islands

Spain

Suriname

Svalbard and Jan Mayen

Sweden

Switzerland

Taiwan, Province of China

Tajikistan

Thailand

Togo

Tonga

Turkey

Turkmenistan

Uganda

United Arab Emirates

Uruguay

Uzbekistan

Vanuatu

Virgin Islands, U.S.

Wallis and Futuna

Zambia

For more information, visit our Terms of Service.

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