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What are local rails, and what are their benefits?

In this article, we’ll dive deeper in the structure of our Multi-Currency Accounts, and the payment rails available. You may have noticed that we refer to them as Corpay’s “Multi-Currency Accounts,” not simply as a “Multi-Currency Account.”

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By Cross-Border
Nov 11, 2025
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CNBC: Dollar funding stress eases as Middle East conflict de-escalation hopes rise

CNBC: Dollar funding stress eases as Middle East conflict de-escalation hopes rise

“From what I can see, financial conditions remain loose and price action looks orderly, suggesting that the world’s biggest banks and asset managers are not expecting ​a systemic liquidity crunch ​in the near ⁠term,” said Karl Schamotta, Corpay.

Understanding Corpay Multi-Currency Accounts: A complete guide to unlocking global growth
Cross-BorderGlobal paymentsRisk management

Understanding Corpay Multi-Currency Accounts: A complete guide to unlocking global growth

Learn how multi currency accounts help businesses expand internationally, reduce cross-border payment costs, and simplify global cashflow management.

Financial Post: Why the Canadian dollar is bearing up against the US dollar

Financial Post: Why the Canadian dollar is bearing up against the US dollar

“The Canadian dollar is holding up better than most of its peers despite the broader (U.S.) dollar advance, underpinned by the country’s status as a net oil exporter,” Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions.

APAC Market Bulletin: A Year in Review and a Look Ahead

APAC Market Bulletin: A Year in Review and a Look Ahead

In this episode of FX in Focus, we have a conversation with David Britten and Peter Dragicevich about the macroeconomic themes that shaped 2025, and take a look ahead to what may be in store for 2026.

Financial Times: US and Israel launch 'massive' strikes on Iran as Trump calls for regime change

Financial Times: US and Israel launch 'massive' strikes on Iran as Trump calls for regime change

“Investors eager to shift their positioning following attacks on Iran will have to wait until Sunday evening for the oil futures markets to open," said Karl Schamotta, Corpay.

BNN Bloomberg: Canada's economy grew 1.7% in 2025, below forecasts

BNN Bloomberg: Canada's economy grew 1.7% in 2025, below forecasts

Smarter payments. Stronger growth. Keep business moving.

See how corpay brings AP, card programs, lodging, fleet and cross-borders together