Terms & Conditions
American Express Global Pay is a money transmission service provided by American Express Travel Related Services Company, Inc. (American Express). This service is not available to consumers and is currently available only for American Express Business Card customers. Your business must submit an application, which is subject to review and approval by American Express. When you are creating a payment using our online platform, we display the fee that we will charge you and the exchange rate that we are offering you. We make money from the purchase and sale of foreign exchange. There are many factors that may influence the fees and the exchange rates that we offer you, including but not limited to market volatility, currency pairs, and transaction size. We may change the fees and the exchange rates that we offer you at any time, for any reason and without notice. Recipient banks or intermediary banks may charge their own fees, which can reduce the amount delivered to your recipient. For a list of our money service business licenses and information about addressing complaints and other disclosures, visit www.americanexpress.com/us/state-licensing.html. The American Express Global Pay service is a separate service from your American Express Business Card and has different features and terms. If you cancel your American Express Business Card (or if American Express cancels your Card), we will close your American Express Global Pay account. This means that you will not be able to make any more payments using American Express Global Pay. Please click here for Frequently Asked Questions
1. American Express will waive its fee on the foreign exchange payments that you make for the first 90 days after being approved for American Express Global Pay. To be eligible for this offer, your application for American Express Global Pay must be received by December 31, 2023. Note that any US Dollar payments you make are not eligible for this fee waiver offer. When you are creating a payment, we display the fees that we will charge you. We also make money from the purchase and sale of foreign exchange. Recipient banks or intermediary banks may charge their own fees, which can reduce the amount received by your recipient.
2. When you create a payment using American Express Global Pay, we provide an estimated delivery date, which takes into account factors such as the size of the payment, the time of day and relevant holidays. We do not guarantee your delivery date. Payments are subject to various reviews and delays can happen for a number of reasons. Remember that the recipient bank has its own policies on when to make funds available to your recipient.
3. American Express will award one (1) Membership Rewards point for every USD $30 equivalent of foreign exchange payments that your business sends using American Express Global Pay. The maximum award per payment is 4,000 Membership Rewards points. This offer is only valid for foreign exchange payments. It is not valid for same currency transactions (e.g. U.S. Dollar to U.S. Dollar), and it is not valid for any other products. For example, if you order a payment in the amount of EURO 10,000, and if we charge you USD $11,000 for those EUROS, then we will award 367 Membership Rewards points (11,000 divided by 30 = 367 points). This exchange rate is for illustration purposes only.
In order to benefit from this offer, your business must first designate an existing American Express Card that is enrolled in the Membership Rewards program to which we will award the Membership Rewards points. The Card must be linked to the same User ID as your American Express Global Pay account. Once we award points to the Card Member’s Membership Rewards program, the Card Member decides how to redeem those points, not you. It is your responsibility as well as the designated Card Member’s responsibility, to find out if you are, or the designated Card Member is, liable for any federal, state or local taxes as a result of receiving or using points. You are also responsible for tax information reporting, if any, that is required in connection with the receipt or use of points by the designated Card Member.
In order to benefit from this offer, your American Express Global Pay account and the designated American Express Card must be in good standing at all times, including at the time of points fulfillment. No Membership Rewards points will be awarded for payments made through American Express Global Pay before we complete the processing of your request to designate an American Express Card to receive the points. In the event a designated American Express Card is canceled for any reason, we may allow you to designate a different American Express Card to receive bonus points on payments you make after we process the newly designated American Express Card. This offer cannot be combined with any other Membership Rewards related offer. If we find that you have abused this offer, we may cancel this offer and any points awarded pursuant to this offer.
Terms and Conditions for the Membership Rewards® program apply. Visit membershiprewards.com/terms for more information. Participating partners and available rewards are subject to change without notice.
The value of Membership Rewards points varies according to how you choose to use them. To learn more, go to www.membershiprewards.com/pointsinfo.
This offer is not transferable. American Express reserves the right to modify or revoke offer at anytime.
Bonus ID B6XR.
NMLS ID # 913828
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