What is the maximum duration I can lock an exchange rate for?

Lock your FX rate Send money

You can lock FX rates with Corpay for up to 6 months in advance using a forward exchange agreement. It’s ideal for businesses with recurring or scheduled international payments.

Related FAQs

Who do I contact for help while signing up with Corpay? Can I book FX rates directly from my Instarem business account? How can I lock FX rates? How does a forward contract work? What’s the difference between FX hedging and forward contracts? Can I use my Instarem business account for transfers originating outside the country in which it is registered? Which countries can I transfer money to using Instarem? At what rate will Instarem transfer my money?  How much does it cost to send money with Instarem?  How long does it take Instarem to process my transaction?  When can I start making a transaction with Instarem? 

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