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  1. Multicurrency- Batch payments of Foreign Currency Bills.

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    229 comments  ·  Purchase orders, bills & inventory » Paying bills  ·  Admin →
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    In development  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi everyone, thanks for continuing to share feedback about paying multiple bills in foreign currencies with us here.

    As mentioned in my last update UK organisations can use our online bill payments solution with Crezco to pay international suppliers.

    UK businesses can now use open banking to pay suppliers in 180+ countries, including in EUR, USD and AUD, either individually or in batches. Payments can be prepared by a team member, authorised and tracked in Xero.

    To share further progress in the US we've launched online bill payments through Melio, which includes ACH and international or cross-border payments.

    We've also launched a bill payments solution for AU with AirWallex that's currently in early access. This doesn't yet support paying in foreign currency however this functionality is high on our radar as we continue to develop this experience.

    We’ll continue to share progress as the further regional capabilities develop. Thanks

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    Nicola Droogmans commented  · 

    I'm really disappointed this is not an option. We have received EUR payments into our EUR bank account that pay up to 1000 invoices at once. I have spent up to 5/6hours allocating one payment, just so that it will crash on me a few minutes from the end of the allocation. I can't afford to waste time like this, especially as the task is back to square one as I can't complete the allocation. What other solution is there?

    Nicola Droogmans supported this idea  ·