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  1. Multicurrency- Batch payments of Foreign Currency Bills.

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

    Hi team, appreciate wanting an update - I'm pleased to share the beta went well and we've now launched international bill payments for our UK customers, making it easier to pay overseas suppliers.

    Using open banking, UK businesses can now securely send money to 180+ countries including Europe (EUR), America (USD) and Australia (AUD). So you don't have to juggle multiple platforms or hidden fees. Whether you're paying a single bill or multiple bills at once, you can authorise payments prepared by your team and easily track which suppliers have been paid.

    We’re committed to new ways to expand our bill payments feature for small businesses and their advisors in other regions by leveraging new technologies, where available. I'll keep you updated of any further developments for this, here.

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    Patty Robertson commented  · 

    What if a business issues USD cheques? We used to do that and this would have been a major issue. As it is, we do many USD and EUR payments that are paying multiple invoices at a time and it is very inconvenient to have to wait until transactions go through the bank as I am unable to send remittance information to my suppliers.

    Patty Robertson supported this idea  ·