Crossrate is the multi-currency settlement layer for finance teams that operate across borders. Lock the mid-market rate, hold balances in 38 currencies, and settle to local rails in over 130 countries — with one API, one ledger, and a fee you can read before you click send.
The payout, banking, and treasury rails behind every Crossrate transfer
Every cross-border vendor used to mean another bank login, another cut-off time, and another mystery FX markup at the bottom of the statement. Crossrate folds quoting, holding, converting, and settling into one ledger your whole finance team can read.
Every quote is the real interbank mid-rate with our fee shown as a separate line item. No hidden spread baked into the price, no "zero-fee" transfer that quietly costs 2% on the rate. What you're charged sits on the screen before you confirm.
Collect, hold, and pay out of local-currency balances without forcing a conversion on every leg. Sit in EUR until you actually need USD.
Funds land on domestic rails — SEPA, ACH, Faster Payments, PIX — so your vendor gets paid like a local, not a wire that arrives Thursday minus a lifting fee.
Hold today's rate for an invoice you'll pay next month, so the number you quoted is the number you settle.
Upload 5,000 vendor payments across 40 currencies in one file and reconcile every line automatically.
What moving money on Crossrate looks like
Every corridor settles on the destination's domestic rail, not an international wire — so your counterparty is paid like a local and you keep the lifting fees.
Pay European suppliers from a US balance and land euros on SEPA Instant, day or night, with the IBAN reference intact for their reconciliation.
Settle Indian contractors in rupees over local rails, with purpose codes attached so the funds clear compliance instead of sitting in a review queue.
Reach Brazilian vendors over PIX around the clock — no wire windows, no intermediary bank shaving the amount on the way through.
Send yen on the domestic Zengin network so Japanese partners receive a clean local credit, not a foreign remittance with a deduction.
Move pesos on SPEI in minutes for payroll and supplier runs, with the exact mid-market rate locked at the moment you initiate.
Pay Nigerian counterparties in naira through local rails, with full beneficiary detail and FX documentation generated on the transfer.
Wire FX into your billing, payroll, or marketplace flow without becoming a money-transmission expert. Typed SDKs, idempotent endpoints, and a sandbox that quotes against real historical rates.
Pull a locked quote, reference it on the payout, and settle against the exact rate you were shown. No drift between what you priced and what you paid.
Every send carries an idempotency key, so a retried request never double-pays a vendor — even when the network blinks mid-call.
Guaranteed-delivery events fire on quote, conversion, and settlement, each tagged with the ledger entry it maps to.
Test against live and historical mid-market data, simulate slow rails and failed settlements, and ship knowing the edge cases are handled.
Native connectors push every conversion and fee into NetSuite, Xero, and QuickBooks at the rate it actually cleared.
Maker-checker approvals, per-user payout limits, and SSO keep large transfers behind the right pair of eyes.
“We were paying suppliers in nine currencies through three banks and losing close to 2% on every conversion. Crossrate put it on one ledger at the mid-rate. The savings covered a full headcount in the first year.”
“Rate locks changed how we quote international contracts. We commit a price in the SOW, lock the rate the same day, and the margin we modeled is the margin we keep three months later.”
“Our engineers wired global payouts into the marketplace in under a week. The sandbox quotes against real rates, so nothing surprised us when we flipped to production.”
Transparent per-transfer fees on top of the real mid-market rate. No monthly minimums, no spread, no surprise line on the statement.
For teams sending their first cross-border payments.
For finance teams managing real FX exposure.
For high-volume, multi-entity operations.
The real interbank mid-market rate — the same midpoint you'd see on a financial terminal — with our fee shown as a separate, visible line. We never widen the spread to hide a margin in the rate, so the quote you see is the rate you settle.
Most payments settle the same business day because we deliver on domestic rails — SEPA, ACH, Faster Payments, PIX and more — rather than routing every transfer as an international wire. Delivery time depends on the destination country's local rail and cut-off windows, all shown on the quote.
Yes. Crossrate operates under the money-transmission and e-money authorizations required in each market it serves, with client funds held in segregated safeguarding accounts separate from our own balance sheet.
Yes. You can collect, hold, and pay out of local-currency balances across 38 currencies, and only convert when a rate or rule you set is met — so you're never forced to cross the spread twice on a round trip.
A rate lock freezes today's mid-market rate for up to 30 days against a specific payment, so an invoice you pay next month settles at the rate you quoted today. Forward contracts extend the same certainty further out for budgeted, future-dated obligations.
Native connectors sync every conversion, fee, and settlement into NetSuite, Xero, and QuickBooks at the exact rate that cleared, and webhooks tag each event with its ledger entry — so reconciliation is automatic, not a month-end manual export.
Pull a live mid-market quote in seconds, compare it to what your bank charges, and start settling cross-border the same day. No setup fee, no sales call required to begin.