FX Overview
Transfer money internationally and convert currencies between accounts seamlessly. Securely manage cross-border payments and exchange rates in one place.
Foreign Exchange (FX) enables seamless currency conversion across your multi-currency operations. Whether you need automated real-time conversions or manual bulk exchanges, our platform provides flexible solutions to meet your business needs.
FX Options Available
Choose the foreign exchange method that best fits your business needs:
Convert currencies automatically when processing a payin or payout in a currency different from your account's base currency.
When to use:
- Processing payins/payouts in currencies different from your account denomination.
- Need immediate currency conversion at the point of transaction.
Transfer and convert funds between your own Localpayment accounts in different currencies.
When to use:
- Rebalancing currency holdings across accounts.
- Converting accumulated funds to your preferred currency.
- Strategic currency positioning.
flowchart TD
A{"Do you need to<br/>convert currency?"}
A -->|"During a Payin or Payout"| D["FX on Payment (DCC)"]
A -->|"Between your own accounts"| E["Bulk Exchange"]
D -->|"Without quote"| F["Market rate at<br/>time of transaction"]
D -->|"With prior quote"| G["Locked rate<br/>via exchangeRateToken"]
E -->|"Without quote"| H["Immediate<br/>market rate"]
E -->|"With prior quote"| I["Locked rate<br/>via exchangeRateToken"]
style A fill:#f0f4ff,stroke:#4a6cf7,color:#1a1a2e
style G fill:#e6f4ea,stroke:#34a853,color:#1a1a2e
style I fill:#e6f4ea,stroke:#34a853,color:#1a1a2e
style F fill:#fff8e1,stroke:#fbbc04,color:#1a1a2e
style H fill:#fff8e1,stroke:#fbbc04,color:#1a1a2e
To lock in a rate, generate a quote using the Currency Exchange Quote API before executing the operation. Pass the returned
exchangeRateTokenin your payin, payout, or bulk exchange request.
Supported Currencies
FX transactions are available between local currencies and these hard currencies:
- AUD - Australian Dollar
- CAD - Canadian Dollar
- CHF - Swiss Franc
- EUR - Euro
- GBP - Pound Sterling
- NZD - New Zealand Dollar
- USD - United States Dollar
All supported local currencies can be exchanged with hard currencies.
Exchange Direction: Local ↔ Hard Currency only Example: USD ↔ BRL, EUR ↔ MXN, GBP ↔ ARS
Need Additional Currency Pairs?
If you require a hard currency not listed or want to verify FX availability between specific currencies in a country, contact your account manager or our support team.
Business Hours & Processing Times
Foreign exchange processing operates within country-specific business hours. All transactions are processed during local banking hours in each region.
| Country | Local Business Hours | GMT-0 Time |
|---|---|---|
| Argentina | 10:00 - 14:30 | 13:00 - 17:30 |
| Bolivia | 08:30 - 17:00 | 12:30 - 21:00 |
| Brazil | 10:00 - 12:30 | 13:00 - 15:30 |
| Chile | 08:30 - 13:30 | 12:30 - 17:30 |
| Colombia | 08:00 - 12:30 | 13:00 - 17:30 |
| Costa Rica | 08:00 - 16:00 | 14:00 - 22:00 |
| Dominican Republic | 09:00 - 14:30 | 13:00 - 18:30 |
| Guatemala | 08:00 - 16:30 | 14:00 - 22:30 |
| Honduras | 08:00 - 15:00 | 14:00 - 21:00 |
| Mexico | 08:00 - 15:30 | 14:00 - 21:30 |
| Panama | 08:00 - 15:00 | 14:00 - 21:00 |
| Paraguay | 08:30 - 12:30 | 11:30 - 15:30 |
| Perú | 09:00 - 13:00 | 14:00 - 18:00 |
Important:
FX transactions submitted outside business hours will be processed during the next available business session.
Getting Started
Here are your next steps:
- Set up your account - Complete verification and funding
- Explore our API - Review integration options and test endpoints
- Configure webhooks - Receive real-time status updates
- Test in sandbox - Validate your integration before going live
Need Help?
Contact our support team if you experience any issues or need assistance for integration.
Updated 13 days ago
