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Hi Xero

I fully agree with the comments below from Stephen Camilleri, they exactly amplify the long-standing need to process and record FX batch payments. Building multicurrency bill payment batch capabilities is not what this community was asking for but somehow you have managed to launch a new commercial product to make money off of for what most of feel should be a basic capability. I will not be using this feature as I already have FX payment providers who have fantastic statement capabilities and great FX prices and will not pay for this again via XERO.

Hi Kelly,

thanks for updating, but the cresco solution would costs us too much on top to the fees which we have with our Bank, i totally agree with Stephen Camilleri sugesstions of batch payments, this is exactly what we need for our companys, which are using Xero.

I totally agree we must be able to Batch up international payments it is terribly time consuming processing every invoice and entering the exchange rate for each invoice then matching up the payment.
XERO you claim to be an international product and yet you are letting down your users everyday by not fixing this MAJOR problem.
PLEASE do something about it and fix it.

Hi Kelly,

I second what Stephen Camilleri wrote.

Thanks,
Robbie

Good morning @Kelly Munro, this is not the point. We are not neccessarily looking to use Xero to MAKE the payment, just for Xero to allow us to RECORD batch payments made in a currency other than the base currency of that Xero instance. ie if the Xero instance is in Currency 1 as its base currency, we would like to be able to record say 3 x Currency 2 bills being paid as a batch, which Xero cannot do, We work around this by "paying" each Currency 2 bill separately in Xero indicating the overal exchange rate each time and then group the three payments as converted by Xero to Currency 1 when reconciling to the bank statement. Very tedious when we have a supplier in another currency and multiple bills to be paid in any one batch. I attach screenshot of the outcome when trying to pay 3 bills in Currency 2 (Eur in this case) for example. Many thanks for the update.

Hi team, when will this be rolled out to Australia Customers? Im surprised you rolled it out in the UK but not Australia given Australia is the HQ and ASX listing.

I would like to add my support for this feature. Is there any update on the beta that was being tested?

Is there an update on this please?

The tool batch2sepa (see xero app store, global region) supports foreign currency bills when creating batch payments files. The payment files generated are SEPA compliant for use with (generally) European banks.

Hi, I also would like to voice my strong support for the idea of batch payments in foreign currency. When can we get Xero to make this happen!

Adding my voice to this issue, I have clients wondering why the extra expense for multi currency does not incorporate batch payments.

Journals in multi currency ? ...let's not go there...

this is now becoming very important as we now purchase more euro products - when you have about 30 invoices to pay in euro and you have to do them one at a time it takes so long :( Are you going to be able to provide this service at any time? Thank you :)

Hi Xero Team,

Is there any update on this concern? You have multiple users asking for feedback and I can see none responded. Can you please suggest a work around on this?

or we can just go ahead and look for other accounting platform?

Please can you update if you work on batch payments? I see that you enabled cresco international payments, but 0,35% per payment amount can be expensive, iif you have to pay very big invoices each month or if you have more than 1000 suppliers, therefore we prefer to prepare batches and upload themself in our banks where the conditions are much cheaper.

Need this ASAP, this would save so much time

Can you give an update as to when this Beta is available in North America, Canada & USA

Is there an update on when this beta feature will be available globally? I just spent a lot of time converting to Xero based on its apparent strength in multiple currencies, only to discover that I can't batch pay bills in foreign currency.

I wish I hadn't spent all this time on Xero 😒

For those of you in the UK - why not try something that will save you time and your business money vs. making foreign or domestic payments with your bank and waiting for the fix from Xero?...

HedgeFlows.com offers a flexible approval process, embedded (but optional) FX at market-leading rates, and the ability to schedule payment runs days or weeks in advance with a full audit trail, automated remittances and real-time reconciliation to Xero.

Please see the reviews in Xero marketplace: https://apps.xero.com/uk/app/hedgeflows/reviews

If you sign up until 31/01/25 with code "ALEXSENTME", you get a FREE 3-month subscription, which includes 100 local payments in GBP, EUR or USD each month.

We don't need to make actual payments via Xero (these are set up and approved separately in our bank), however we do need to mark multiple foreign currency bills as paid in Xero (and send out a remittance advice). Is this covered in the fix you are working on?

@ Kelly Munro (Community Manager, Xero).

I have completed the form twice to join the beta, there is no option in my Xero dashboard to join.

I don't understand why Xero doesn't allow a CSV file to be created for the Euro payments or have a report function. Then we can use this to import into Barclays.net and pay out from our Euro account.

Under reports there is a Payable Invoice Detail, if I can add the IBAN and BIC then we can create a CSV file and convert this to a SIF file using macros.

Xero is an International organisation many of your subscribers worldwide must be facing the same issue.