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Revolutionize Global Transactions with Corpay Cross-Border’s Multi-Currency Accounts

Seamless International Payments Powered by Corpay. Backed by Deaglo’s Expertise. Deaglo’s collaboration with Corpay brings you faster account setup, cost-saving payment solutions, and effortless
movement of money across borders - all designed to scale your business and simplify operations.

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Simplify Global Payments with Corpay MCAs

Multi-Currency Named Accounts

Named Accounts for Your Business

  • Unique IBANs under your business name, boosting credibility with payors.

  • Transact in 25 currencies (USD, EUR, GBP, AUD, and more), with an expanded list planned.

  • These accounts are fast to open and simple to manage with access to SWIFT, SEPA, and ACH networks.

Multi-Currency Standard Accounts

Quick Access to Global Currencies

  • General-purpose accounts in Corpay’s name (for benefit of client(s) of Corpay) for easy cross-border payments.

  • Seamlessly manage transactions in multiple currencies without added complexity.

  • Send and receive nearly 40 currencies backed by the global Corpay funds-in and pay-out network.

Make The Right Move

  • Instantaneous access to a local multi-currency account.

Why Choose Named Accounts

  • Build trust with localized currency management.

  • Reduce fees and simplify global transactions.

  • One account (where applicable) to manage multiple currencies.

Why Choose Standard Accounts

  • Send and receive a wide selection of currencies backed by the global Corpay funds-in and pay-out
    network.

  • A cost-effective, flexible solution for managing international payments.

Who Benefits from Corpay MCAs?

Corporate Clients

  • Pay international staff, suppliers, and operational costs in local currencies cutting through the red tape.

Fund Managers

  • Helps launch funds faster - setup in days, not months.

  • Distribute capital to investors globally, accurately, and quickly.

Global Businesses

  • Expand into new markets with localized accounts that improve trust and efficiency.

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Key Benefits of Multi-Currency Accounts

Operational Advantages

  • Manage multiple currencies on a single platform.

  • Real-time transaction tracking is available as well as simplified settlement instructions.

  • Streamlined reconciliation and reporting to reduce admin burdens.

Cost Efficiency

  • Receive and convert foreign currencies only when needed, reducing FX conversion costs.

  • Save on operational expenses by consolidating accounts across jurisdictions.

  • Save time and capital by avoiding the need to go through traditional set up for foreign bank account/s

Enhanced Trust

  • Named Accounts are designed to build trust with partners and customers by eliminating barriers to foreign currency remittances.

Speed and Flexibility

  • Open accounts in days, not months.

  • Send and receive funds in multiple currencies without mandatory conversions, offering flexibility.

Diligent Security

  • Your Multi-Currency Accounts are held at top-tier banks like JP Morgan and Barclays.

  • 24/7 access to your funds via Corpay’s secure online platform.

How Corpay Works

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1. Onboarding:

Quick, one-time application process for both Named and Standard Accounts.

2. Account Management:

Monitor balances, transactions, and retrieve Settlement Instructions (SSIs) through Corpay’s platform.

3. Transaction Processing:

Receive local payments without intermediary fees and make payments in the currency you need.

4. Settlement and Reconciliation:

Centralized reporting and single-platform access reduce operational complexity.

*Disclaimer: Multi-Currency Named Accounts are not available to all parties in all regions, and may not be available and some types of organisations may be unqualified. Please speak with your Account Representative for more information.

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© 2024 Deaglo Inc. All Rights Reserved. Deaglo Inc. is a company registered in the United States (registered no. 88-2693379). 1078, Summit Ave. PMB 837, Jersey City, NJ 07307.

Deaglo, Inc. (“Deaglo”) is a registered Commodity Trading Advisor with the U.S. Commodity Futures Trading Commission (CFTC) and a Member of the National Futures Association (NFA). Deaglo’s CTA registration is effective according to an exemption that limits clients to those who are Qualified Eligible Persons as defined in CFTC Regulation 4.7.

 

Futures, options, FX, and swaps trading involve substantial risk and are not suitable for all clients. Therefore, clients should carefully consider their financial condition before deciding whether to invest and transact in these markets. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. 

This material should only be considered current as of the date indicated on each page of data without regard to the date on which you may access the information. Deaglo maintains the right to delete or modify information without prior written notice.

Deaglo logo white

Hedge Smart, Risk Less

Members: ColCapital

  • LinkedIn
  • X
  • Youtube
  • Facebook

© 2024 Deaglo Inc. All Rights Reserved. Deaglo Inc. is a company registered in the United States (registered no. 88-2693379). 1078, Summit Ave. PMB 837, Jersey City, NJ 07307.

Deaglo, Inc. (“Deaglo”) is a registered Commodity Trading Advisor with the U.S. Commodity Futures Trading Commission (CFTC) and a Member of the National Futures Association (NFA). Deaglo’s CTA registration is effective according to an exemption that limits clients to those who are Qualified Eligible Persons as defined in CFTC Regulation 4.7.

 

Futures, options, FX, and swaps trading involve substantial risk and are not suitable for all clients. Therefore, clients should carefully consider their financial condition before deciding whether to invest and transact in these markets. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. 

This material should only be considered current as of the date indicated on each page of data without regard to the date on which you may access the information. Deaglo maintains the right to delete or modify information without prior written notice.

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