If I lock in a rate and a better one comes up later, can I switch?
Once you’ve locked in an FX rate with Corpay, it stays fixed for the agreed period—up to 6 months. You won’t be able to change it, even if better rates become available later.
Related FAQs
Why should my business consider locking FX rates? Why partner with Corpay for locking in FX rates? Is there a fee for locking FX rates? How does locking an FX rate work? What’s the difference between FX hedging and forward contracts? Why should my business consider locking FX rates? Why partner with Corpay for locking in FX rates? Is there a fee for locking FX rates? How does locking an FX rate work? What’s the difference between FX hedging and forward contracts?Didn’t find what you were looking for?
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