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Foreign Exchange Services

American Express Foreign Exchange Services

With over 150 years in foreign exchange, American Express can help businesses in many industries with their international payments and foreign exchange needs.

For businesses

American Express FX International Payments for Businesses

Make international payments

Features of American Express FX International Payments

American Express FX International Payments offers foreign supplier payment solutions that can help your business succeed in foreign markets.

  • No setup or account maintenance fees.1
  • In-depth and flexible reporting services to help manage your business.
  • Foreign exchange (forex) in 110+ countries, 80+ currencies.
  • Ability to upload forex payment files, making it easy to send foreign exchange payments to numerous recipients.
  • Competitive exchange rates.
  • Phone and email customer support, 24 hours a day, Monday through Friday.
  • Receive Membership Rewards® points for eligible forex transactions2 if enrolled.
Receive Foreign Exchange Payments
  • American Express FX International Payments allows your business to receive incoming forex payments simply and securely from select foreign markets through its foreign exchange service.
  • An alternate solution when selling your business’s products and services in select overseas markets: payment is received via forex and securely settled to your business’s U.S. bank account. You have the security in knowing the forex payment has been processed properly before delivering goods and services to your clients.
  • Your business can receive forex payments from clients in select foreign countries, even if you have no local bank account there. Clients can place urgent or ad hoc orders with your business, and have the ability to send forex payment to your business.
  • Use American Express foreign exchange services to receive incoming forex payments from clients for work completed during all phases of your project.
  • Reduce exposure to foreign exchange rate movements by locking in the exchange rate for incoming payments, up to 12 months in advance.3
Send Foreign Exchange (Forex) Payments
  • Outgoing foreign exchange transfers typically take 2-4 business days (delivery time depends on currency and country).
  • Give your business the ability to send forex payments to suppliers and service providers, in over 110 countries
  • Manage your business's supply chain by ensuring your suppliers are paid within expected time frames.
  • Utilize American Express FX International Payments to send timely forex payments to suppliers, to take advantage of favorable early payment terms on invoices.
  • With competitive exchange rates, give your business the flexibility to execute foreign exchange transactions of any size.
  • Use our service for a range of your company's needs, including purchase of goods and services, salaries and intercompany transfers. 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.3
  • Utilize American Express FX International Payments’ file upload capabilities to reliably plan and execute your foreign batch payments, by uploading a file with multiple forex transactions, to multiple recipients, in multiple currencies, in multiple countries.
Manage Your Foreign Exchange Risk
  • Use our fixed and window forward contract services3 to reduce exposure to exchange rate fluctuations. Rates are fixed throughout the life of the contract. Help limit your exchange risk: Buy forward contracts and create draw-downs easily online, and have the option to create multiple draw-downs with different value dates.
  • Additional funds can be added to forward contracts at a later date, but a new rate may apply.
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Terms and Conditions

FX International Payments is a service of American Express Travel Related Services Company, Inc. ("American Express"). This service is not available to consumers. To enroll in this service, your business will be required to complete an application, which is subject to review and approval by American Express.

1. American Express makes money from currency exchange.

2. One (1) Membership Rewards® point will be awarded for every USD $30 your business wires internationally using the FX International Payments (“FXIP”) service. The maximum award per transaction is 4,000 points. Not valid for same currency wire transactions (e.g. US Dollar to US Dollar). For a designated Card Member to be eligible to receive Membership Rewards points, your business must first enroll in the FXIP service. Your business must also complete and submit to us a form designating an American Express Card Member who is already enrolled in the individual Membership Rewards program to whom points will be credited. With respect to a company enrolled in the Corporate Membership Rewards program, any earned points will be credited to the relevant Program Administrator Corporate Card linked to the company’s Membership Rewards program. If you select a basic personal American Express Card Member or a basic small business American Express Card Member (e.g., OPEN from American Express) to receive the award of Membership Rewards points, please note that the designated Card Member for that personal or small business account is authorized to determine how and when to redeem those points. You agree not to make any claims against American Express with regard to the manner in which the basic Card Member redeems such points. The American Express Card Member you select to receive the award of points, or in the case of Corporate Membership Rewards, the company, must be current and enrolled in the Membership Rewards program at the time the transaction is initiated. FXIP must have a completed registration on file for the Card Member’s Card account or company’s Program Administrator Card Corporate Card account, and there must be no unpaid FXIP obligations of your business or other violation of or defaults under the FXIP Terms and Conditions at the time of point fulfillment. No points will be awarded retroactively for transactions processed prior to the enrollment of the business in the FXIP service and the processing of the Membership Rewards program registration form. In the event a registered Card is lost, stolen or renewed, you must register the new Card by submitting an updated form to FXIP with the new Card information. Processing of the registration form takes approximately 2-4 weeks. To obtain a registration form, call 1-833-319-7265. Points will be credited to the Card Member’s Membership Rewards program account or Corporate Membership Rewards account, if applicable, within 10-12 weeks after the eligible transaction is completed. Membership Rewards points that are awarded for transactions with FXIP are subject to the terms and conditions of the Membership Rewards program, including rules regarding forfeiture of Membership Rewards points. Note that the rewards available in the Membership Rewards program vary depending on the type of American Express Card enrolled in Membership Rewards. The value of Membership Rewards points varies according to how you choose to use them. To learn more, go to www.membershiprewards.com/pointsinfo. Participating partners and available rewards are subject to change without notice. See membershiprewards.com/terms or call 1-800-AXP-EARN (297-3276) for more information. A company that is enrolled in Corporate Membership Rewards, and points earned under that program, are subject to the terms of the Corporate Membership Rewards program (see membershiprewards.com/CorporateTnC). Transactions by university or financial institution clients are not eligible for this offer. FXIP reserves the right to change, limit, modify or cancel this offer at any time.

Bonus ID A9PE

It is your responsibility to find out if you are liable for any federal, state or local taxes as a result of earning or using points.

3. 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.

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