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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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Stacey Pedley
commented
I have started using Hedgeflows off the back of Alex’s comment in May, and cannot recommend them enough. I started using them as a solution to batch reconciling and batch remittance advices for our Euro suppliers (we’re a UK company), but actually found their FX platform to be more competitive than our current provider, so we now use them for all our EUR payments. It links perfectly with Xero and a process which previously took hours each week, takes minutes. Definitely give them a go as it’s worked wonders for us, seen as Xero hasn’t bothered. Alex has always been extremely helpful and quick to add in additional features to make it even more efficient.
An error occurred while saving the comment Stacey Pedley
commented
I have started using Hedgeflows off the back of Alex’s comment in May, and cannot recommend them enough. I started using them as a solution to batch reconciling and batch remittance advices for our Euro suppliers (we’re a UK company), but actually found their FX platform to be more competitive than our current provider, so we now use them for all our EUR payments. It links perfectly with Xero and a process which previously took hours each week, takes minutes. Definitely give them a go as it’s worked wonders for us, seen as Xero hasn’t bothered. Alex has always been extremely helpful and quick to add in additional features to make it even more efficient.
You’ve got to be taking the ****!! The online bill payments is not a solution. We simply want to mark the bills as paid in bulk like we do with the GBP bills. Luckily, Hedgeflows has come up with a solution. Xero, you’re an absolute joke!!!!