Start of menu
Search US website
Close Menu

Business Products and Payment Solutions

If your business is dealing with overseas suppliers and customers, we offer business products and payment solutions that help you to send and receive international payments.

Outgoing International Payments

Outgoing International Payment Methods

Our business payment solutions make international payments simple and secure.

We offer:

  • Outgoing Wire Transfers: send funds to your recipient’s overseas bank account
  • Foreign Currency Drafts: some recipients may prefer a foreign currency draft
  • Cross Currency Transactions: pay for an Outgoing Wire Transfer using foreign currency

These payment solutions are often used to pay international suppliers. Outgoing Wire transfers typically reach the recipient’s bank account in 1 to 4 business days. Time to deliver the payment varies by country and the currency.

Incoming Wire Transfers

Incoming International Payment Methods

Are you receiving a foreign currency payment from your overseas customer? Our Incoming Wire Transfer allows you to deliver foreign currency to us (Euros, Pounds Sterling, and a number of other currencies) which we convert to U.S. Dollars and then deliver directly to your U.S. business bank account.

Managing Foreign Exchange Risk*

Solutions for Managing Foreign Exchange Risk

If you have a foreign currency payment obligation that calls for a payment in the future, you may want to consider purchasing a Forward Contract.

Forward Contracts are agreements to buy or sell a certain amount of foreign currency at a fixed rate of exchange at a future date. They allow you to lock in an exchange rate now, so you know exactly how much you will have to pay for foreign currency in the future. This allows you to mitigate your foreign exchange risk. Not all businesses are eligible to purchase Forward Contracts. Please contact us to learn more.

*Forward Contracts are not suitable for every business. American Express is not providing you with legal, tax or financial advice. We recommend that you consult your own advisers to determine whether Forward Contracts are suitable for you. Eligibility requirements apply.

Features

International Payment Solution Features
  • Real-time foreign exchange rates - Log in to your account for access to real- time foreign exchange rates (Please note: that real- time rates may not be available outside of business hours)
  • In-depth and flexible reporting services - Processing, reconciliation, transaction history– all in one place.
  • Customer support - Our experienced customer support team is available Monday to Friday, 24 hours a day
  • No software needed - Our simple and secure online platform is available, anywhere there’s a secure internet connection.
  • Secure - Explore our Security Center to learn more about the measures we take to protect you.
  • File upload - Submit multiple payments in a single upload operation, saving time and reducing manual keying errors
  • Link directly to U.S. business bank account for settlements
  • Receive confirmations of your transaction via email - Useful if you’re away from the office

Tailored Solutions

Tailored International Payment Solutions for Businesses

For businesses that handle large numbers of international payments, we have a range of integration solutions. Please call to find out which solution is right for you.

SYNC is our integrated international payment service that provides a simple, automated and secure online solution, which helps your business save time.

More About FX International Payments for Businesses

Benefits of wire transfers

Send payments directly to your beneficiary’s bank account. It’s fast, secure and simple. You can use your existing U.S. business bank account. Outgoing Wire transfers typically reach the recipient’s bank account in 1 to 4 business days.

Benefits of forward contracts

Forward contracts allow you to reduce exposure to foreign exchange rate movements by locking in the exchange rate for a payment, up to 12 months in advance.

Sending payments in U.S. Dollars or foreign currency

Depending on the destination of your payment, you may have the option to send U.S. Dollars or a foreign currency.

  • Talk to your recipient to find out what kind of payment they want to receive

Send payments abroad

Back to top