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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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Alternative Investment Fund Manager
Cross-BorderGlobal paymentsRisk management

Alternative Investment Fund Manager

Since onboarding, this alternative investment fund manager has entrusted Corpay with three additional funds, and helped facilitate a relationship between Corpay and their sister company.

Bloomberg: Analysts See More Easing Ahead After Bank of Canada Cuts to 2.5%

Bloomberg: Analysts See More Easing Ahead After Bank of Canada Cuts to 2.5%

After today's Bank of Canada decision, "Governor Tiff Macklem said there was a clear consensus among the governing council for Wednesday’s cut, “suggesting that inflation fears have subsided on a fairly widespread basis,” said Karl Schamotta, Corpay."

Wall Street Journal: Bank of Canada Likely to Cut Rates as Economy, Job Market Sharply Weakens

Wall Street Journal: Bank of Canada Likely to Cut Rates as Economy, Job Market Sharply Weakens

"Canada's economy is in dire need of more monetary morphine," said Karl Schamotta, chief market strategist at Corpay, a foreign-exchange and global-payments company.

Reuters: Dollar sinks to four-year low vs euro ahead of Fed rate decision

Reuters: Dollar sinks to four-year low vs euro ahead of Fed rate decision

"The dollar is trading with a heavy tone across the board as investors brace for a dovish message in Wednesday’s voting record, ‘dot plot’ summary of economic projections, and press conference," said Karl Schamotta, chief market strategist at Corpay.

Hedgewiz

Hedgewiz

In 2019, Hedgewiz and Corpay Cross-Border Solutions partnered to support Hedgewiz’s clients’ implementation of FX hedging programmes. Corpay’s platform and capabilities are integrated into Hedgewiz’s platform.

Reuters: US dollar mixed, markets eye Fed cuts after soft inflation data

Reuters: US dollar mixed, markets eye Fed cuts after soft inflation data

"Odds on a half-point move have risen, but remain extremely low. The economy has slowed, but isn't showing signs of crashing, and may even accelerate in the months ahead," said Karl Schamotta, chief market strategist, at Corpay in Toronto.

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