Corpay · FX specialists
Corpay Cross-Border review
Corpay Cross-Border, built on Toronto’s Cambridge Global Payments, is one of the strongest choices for managing currency risk. It offers forward contracts (open and closed), options and limit orders, alongside payments to more than 200 countries and multi-currency balances.
Who Corpay is best for
Businesses with large, predictable foreign-currency payments, finance teams that want to hedge with forwards or options and companies paying suppliers in many countries.
Small businesses wanting published, self-serve pricing.
Corpay Cross-Border, built on Toronto’s Cambridge Global Payments, is one of the strongest choices for managing currency risk. It offers forward contracts (open and closed), options and limit orders, alongside payments to more than 200 countries and multi-currency balances.
Pricing is quote-based, set by your volume and currency pairs, so you’ll need to talk to their team to see your rate. It integrates with accounting and ERP systems and has an API, which suits finance teams with regular international payables.
What could a currency move cost you?
October 27, 2026 · Bank of Canada
Today this payment costs about C$350,950
A forward contract could lock today’s rate for this payment, due in 3 months, so the cost can’t rise.
Scenarios show what a move of that size would cost; they are not a forecast. Forward rates include the provider’s pricing and an interest-rate adjustment.
Ways Corpay protects your rates
Forward contracts
Lock today’s rate for a payment due later, so a known cost can’t rise.
Options
Set a worst-case rate while keeping the upside if the rate moves in your favour, for an upfront premium.
Limit orders
Convert automatically when the rate reaches a target you choose.
Fees, features and eligibility
| Hedging tools | Forward contracts (open and closed), options and limit orders |
|---|---|
| FX margin | Quote-based; margin set by volume and currency pair |
| Fees | Quote-based pricing |
| Provider type | FX specialist |
| Currencies | Payments to 200+ countries; balances in about 40 currencies |
Source: Corpay published product information.
What stands out
Pros
- Forwards, options and limit orders
- Payments to 200+ countries
- ERP integration and API
Cons
- Pricing isn’t published
Corpay: common questions
Does Corpay offer hedging?
Yes. Corpay offers forward contracts, options and limit orders.
How is Corpay priced?
Pricing is quote-based, depending on your volume and currency pairs.
Can Corpay integrate with my accounting system?
Yes. Corpay integrates with accounting and ERP systems and offers an API.
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