Enter your idea

I don't want to pay the bills through Xero, the exchange rates on using the open banking and our normal bank account are far too high. And if we have a US dollar account, we'd use that to pay the US dollar invoices, so why can't we just batch them and mark as paid. This is critical for businesses that have international trade

There is a way of doing this - import the bank statement line item with the payment; then match to all the relevant transactions. Ensure you select all the relevant transactions as the exchange rate will be calculated based on what you select.

Echoing Sonya below - this is exactly how we feel. We are hugely frustrated that Xero won't allow us to record batch payments in foreign currency. Not interested in payments (realise this is where the margin is for Xero, but it is not what we're interested in). Xero clearly has the technology to enable batch payments in foreign currencies, truly cannot understand why Xero has not enabled this.

You guys are not listening to what we are asking for.
We are not asking to make the physical payments from Xero - simply to be able to record the payments as a batch in Xero for foreign currency supplier bills.
This has been requested for years and yet you are going on about paying from accounts.
Please pay attention to what is actually being requested and develop what is asked for before making changes that is not as urgent or necessary.

Hi,

If you're processing a high volume of cross-border payments (e.g., 20+ per month), we've built a couple of solutions at HedgeFlows that might help:

1) ISO20022 payment files – Generate payment files that can be uploaded directly to most major banks, supporting SWIFT, SEPA, US ACH, Faster Payments, and BACS. Once paid, reconcile back to Xero bills automatically via API.

2) Native payment run automation – Process FX and payments directly through your own HedgeFlows account to reduce FX spreads and payment fees, and let us auto-reconcile in real-time.

More details here if useful: https://www.hedgeflows.com/global-bulk-payments

Happy to answer any questions about the workflows or integrations.

Hello,

I’m trying to create a batch payment and corresponding remittance in a different currency. It would be very helpful if Xero supported this as a standard feature. Since we handle payments in multiple currencies, having to send each one individually is quite time-consuming and increases the chance of manual errors.

This functionality seems like something that would greatly benefit users who manage international transactions or work with suppliers in various currencies. Could you please advise if there are any plans to include this feature in future updates, or if there’s a recommended workaround for now?

I'm afraid I have to post again as I would say that you aren't listening to what your customers want, Xero. I fully concur with Claire Wilkinson's comments below. If you're unable to figure out how to deal with the base currency equivalent of all of the payments, it is really a minor point as I'm sure the user base have gotten used to many background processes that we have learned to live with that don't cause any real hassle vs. the issue that we are all really keen to see resolved - batching of non-base currency invoices to make a single payment.

@Kelly Munro. Please could you explain why you launch a "solution" to a problem that doesn't actually do what your customers are asking you to do? I simply want Xero to add up multiple supplier invoices and mark them as paid in one go in Xero and send one remittance advice to cover the lot. It's possible in GBP, but not in a foreign currency. It's just numbers, they add up in the same way so why?! I am not willing or ready to try your 'bill payments' feature.

Hi, where can we find this launch? What level in Xero do you have to pay for this access?

It is incredibly time consuming to enter payment details onto 15-20 foreign supplier invoices along with the rate every month, please develop an update for this process

Hi, this is not what we were asking for, how can we request one thing and you answer with a solution that's for a different process. Are you reading and understanding what is actually being requested..

We hope in Singapore also have this version, and the AR/AP aging detail report also have foreign currency version

I agree with the comments of Dean Hemmingsen and other community members - a basic batch function is all that is required for each currency and this should be included as a basic function within the standard Xero subscription. We do not have a use for multi-currency payment batches, and if we did we would not be paying additional fees to an external provider to access it.

I have multiple accounts in different currencies. I just want the ability to batch up payments in each currency to upload to the bank for payment. Currently can only batch up base currency transactions.

Is there any intention of allowing us to batch payments in the non-base currency?

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.