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22 votes
Nicole Spiridon
supported this idea
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371 votes
Hi everyone, thank you for all the interest and we appreciate the needs for those using foreign currency to have more efficiency in how you process these bills for payment. Your feedback and votes here have not gone unnoticed - We have a team that have been doing some ground work in this space and at this time we have beta that we'd like to invite any UK customers to join and feedback to our team on the experience. If you'd like to be a part of this please fill in our form here and we'll be in touch.
We appreciate this idea is farther reaching than UK alone and while the beta is limited to this region for the time being, based on results we will look at expanding this to other places.
We'll keep you updated of further developments here.
An error occurred while saving the comment Nicole Spiridon
supported this idea
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An error occurred while saving the comment Nicole Spiridon
commented
Hi There,
We are a recruitment business paying a lot of contractors in EUR as well as having clients paying us in EUR and probably in the future USD as the area of trading will extend.
It is vital to be able to make electronic international payments from our bank currency bank account which at the moment it is not possible, this is done manually by creating templates on the bank portal and then allocate the payments against the supplier. So just paying the currency supplier requires a lot of time consuming.Also we would expect to be able to create a file for international payments to be able to upload it on to the bank like we can do for the local currency. All supplier have already the financial details in Xero so why is it so difficult to be able to create a bank file for the currency suppliers?
All of our foreign client are paying in bulk so it is time consuming to allocate currency receipts to each individual invoice, it would be so efficient to mark a client payment in batch.