International payments don’t have to be complex or costly. Paying suppliers in their local currency can reduce FX costs, improve efficiency, and strengthen relationships—here’s how to get started.
Fast, reliable global payments in 140+ currencies
With Ebury, you can make transfers in 140+ currencies with ease, speed and reliability. Plus, you can settle payments in your suppliers' local currency, eliminating the friction of cross-border trade.
Explore currencies you can pay and receive locally with Ebury here ->
Here are three simple steps to launch your strategy:
Step 1: Ask your supplier if they’re open to getting paid in their local currency
We have put together an email template you can send to your suppliers and cc our team (rmb@ebury.com) to help guide the conversation.
Access the email template to share with your supplier/s ->
Step 2: Compare prices in your suppliers’ local currency vs the current prices
When you have both USD and local currency prices, please send them to us at rmb@ebury.com. We’ll help you review the numbers and look for savings. If the local currency price isn’t better right away, don’t worry. We can work with you and your supplier to find a solution that works for both sides.
Step 3: Make a decision based on risk vs reward analysis
If you are ready to start paying in suppliers’ local currency, your dedicated portfolio manager can assist you with local currency FX risk management and relevant FX quotations.
