Corpay

Topic: Cross-Border

Why are Businesses Moving to Multi-Currency Accounts? Where to Start

Learn why global businesses are adopting multi-currency accounts to reduce FX costs, streamline cross-border payments, and unlock growth. Our guide explains key benefits, how to choose the right account, and actionable next steps for finance teams.

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By Cross-Border
Dec 19, 2025
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FX Budget Rates:  Understanding the Basics

FX Budget Rates: Understanding the Basics

FX budget rates are a fundamental aspect of financial planning for multinational corporations and businesses engaged in cross-border transactions. Let’s run through the basics, what they are, and why they are important.

Setting FX Budget Rates: Common Pitfalls to Avoid

Setting FX Budget Rates: Common Pitfalls to Avoid

As with any process, there are often mistakes that practitioners might make in setting budget rates. Here we outline some common mistakes, and how to avoid them.

Best Practices for Implementing FX Budget Rates

Best Practices for Implementing FX Budget Rates

We've covered the basics of FX budget rates and the factors that influence them. Now, let's focus on best practices to improve financial planning and risk management.

Exploring FX Budget Rate Calculation Methodologies

Exploring FX Budget Rate Calculation Methodologies

For treasury professionals, determining the right FX budget rate can be crucial. The methodology you choose for calculating FX budget rates can greatly influence your company’s financial performance.

FX 101: Understanding the basics of the foreign exchange market

FX 101: Understanding the basics of the foreign exchange market

Global trade was built on foreign exchange. Cultural, scientific, and intellectual exchange has shaped our world. Nevertheless, it can be challenging for businesses operating cross-border to navigate the intricacies of the FX markets.

Preparing for FX market volatility

Preparing for FX market volatility

If you’re operating internationally, FX volatility could affect your profitability. In times of uncertainty, though, and depending on your business cycles, a more frequent regular review of positions, obligations, and business results might be a good idea.

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