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Corpay Multi-Currency Accounts: The What, Why, How and Who

Flexible. Easy. Quick. These words define many of our goals in this overwhelmingly fast-paced world. In our personal lives, we want flexibility, ease and efficiency. Most businesses also want the same things for their international payments processes.

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By Cross-Border
Jul 18, 2025
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Financial Post: Currency markets 'flying blind' during U.S. shutdown

Financial Post: Currency markets 'flying blind' during U.S. shutdown

Karl Schamotta, chief market strategist at Corpay, talks with Financial Post's Larysa Harapyn about how currency markets are 'flying blind' during the U.S. shutdown.

Corpay Cross-Border Named the Official FX Partner for BLAST

Corpay Cross-Border Named the Official FX Partner for BLAST

Providing access to currency risk management and cross-border payments solutions

What are local rails, and what are their benefits?
Cross-BorderGlobal paymentsRisk management

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.”

Setting up local accounts where your business operates
Cross-BorderGlobal paymentsRisk management

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.

A Guide to Unlocking Global Growth

A Guide to Unlocking Global Growth

Our Multi-Currency Accounts solution addresses some of the challenges the global banking system presents when expanding your business internationally: specifically opening and maintaining a network of foreign currency accounts outside your home country.

Reuters: Canadian dollar snaps daily losing streak after surprise jobs gain

Reuters: Canadian dollar snaps daily losing streak after surprise jobs gain

"The Canadian economy again generated more jobs than anticipated last month, suggesting that the economy is beginning to shrug off the tariff shock," Karl Schamotta, chief market strategist at Corpay, said in a note.

Smarter payments. Stronger growth. Keep business moving.

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