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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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Wall Street Journal: Bank of Canada to Stand Pat on Rates, Await Fallout From Energy-Price Shock

Wall Street Journal: Bank of Canada to Stand Pat on Rates, Await Fallout From Energy-Price Shock

Reuters: Dollar gains as Fed leaves rates unchanged

Reuters: Dollar gains as Fed leaves rates unchanged

"The consistent tone, paired with a fresh set of projections ⁠showing lower growth, and higher inflation than in December, marks the clearest signal yet that Chair ​Jay Powell's Fed sees higher energy prices playing a temporary,...." said Karl Schamotta.

Xtrm x Corpay: Celebrating 10 Years of Success
Cross-BorderGlobal paymentsRisk management

Xtrm x Corpay: Celebrating 10 Years of Success

Learn how Xtrm works with Corpay Cross-Border to support global payout programs at scale, handling multi-currency payments, settlement, and delivery across regions through a single integrated infrastructure.

Reuters: Dollar rises broadly as investors weigh Middle East risks

Reuters: Dollar rises broadly as investors weigh Middle East risks

"Global investors are unwinding cross-border exposures, pushing money into safe havens, and punishing currencies issued by ⁠net energy importers," said Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions in Toronto.

CBC: Why Trump can't afford to brush off the Iran war's economic impact

CBC: Why Trump can't afford to brush off the Iran war's economic impact

“Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions, a global financial services firm, says while it's conceivable that the war could push the price of oil to record highs..."

Corpay Cross-Border Named Official Foreign Exchange Provider of the ABB FIA Formula E World Championship
Cross-BorderGlobal paymentsRisk management

Corpay Cross-Border Named Official Foreign Exchange Provider of the ABB FIA Formula E World Championship

Through this partnership, Corpay Cross-Border will provide comprehensive FX risk management and international payment solutions to support Formula E’s global operations.

Smarter payments. Stronger growth. Keep business moving.

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