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Setting up local accounts where your business operates

The concept behind our Multi-Currency Accounts: to help you open foreign-denominated accounts more quickly to support your business and help your business operations become more global.

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By Cross-Border
Nov 10, 2025
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Multi-Currency Accounts to support business expansion
Cross-BorderGlobal paymentsRisk management

Multi-Currency Accounts to support business expansion

Our MCA allows you full control: the ability to manage your cashflows, to reconcile and differentiate types of flows depending on the account that you want to configure, and it gives you access to markets that you wouldn't otherwise be able to have.

Single-platform access to simplify accounting and reconciliations
Cross-BorderGlobal paymentsRisk management

Single-platform access to simplify accounting and reconciliations

Our MCA solution is enabled on a single, easy to use platform—the same core trading and payment system that thousands of our clients use today.

Bloomberg: Firms Shrink Currency Hedges as US Market Turmoil Fades

Bloomberg: Firms Shrink Currency Hedges as US Market Turmoil Fades

“Hedgers should think of this as an opportunity to exploit a degree of complacency,” Karl Schamotta, chief market strategist at business payments firm Corpay.

Managing Multi-Currency Accounts across multiple entities
Global paymentsCross-BorderRisk management

Managing Multi-Currency Accounts across multiple entities

Some examples of how our MCAs work with businesses with different structures—and how the MCAs might make managing multiple entities more efficient.

CBC: A post-shutdown fog will hang over the U.S. economy for months

CBC: A post-shutdown fog will hang over the U.S. economy for months

“Our view of the economy is more based on vibes than verified information,” said Karl Schamotta, chief market strategist for the financial services company Corpay … It's like a Rorschach test for macroeconomic understanding”.

Bloomberg: US Stocks Slide as Government Reopens With Data Still Delayed

Bloomberg: US Stocks Slide as Government Reopens With Data Still Delayed

“Markets are struggling to gain traction this morning as the US government shutdown ends and a hawkish repricing in Federal Reserve expectations continues,” said Karl Schamotta, chief market strategist at Corpay.

Smarter payments. Stronger growth. Keep business moving.

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