Global Payouts

Pay any vendor or employee globally

Make international payments with control & ease

Audit-Proof Approvals

Employees can request reimbursements or submit purchase orders and invoices in foreign currencies using Teampay’s approval workflows following your pre-designated rules.

Controlled Payments

Pay vendors and reimburse employees in foreign currencies with a few clicks.

Automatic reconciliation

View international expenses, bills and bill payments reconcile with your custom accounting fields in your ERP automatically.

Best-in-class pricing and support

With the most competitive FX rates on the market, using Teampay for International Payments is a no-brainer. Teampay is here for you along the way with a 100% CSAT Customer Support team.

Details on Fees are below:

SWIFT payment Network - When sending US dollars to a bank account outside of the United States via SWIFT payment network, your bill payment or reimbursement may have an associated transaction fee (CC Agreement)
Local rails - When sending US dollars to a bank account outside the United States via Local rails, your bill payment or reimbursement may have an associated transaction fee (CC Agreement)
Teampay charges a flat $0.50 fee when customers send US dollars to a bank account outside of the United States (Platform Agreement)
Foreign Currency Conversions - When sending US dollars to a bank account outside of the United States in non-USD, your bill payment or reimbursement will be subject to foreign exchange fees and may include a markup from Teampay (Platform Agreement)

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© 2024 Teampay, A Division of Paystand. Teampay is a financial services platform, not a bank. Banking services are provided by Teampay's bank partners. The Teampay Card is issued by Sutton Bank, Member of the FDIC, pursuant to a license from Visa U.S.A Inc.

All testimonials, reviews, opinions or case studies presented on our website may not be indicative of all customers. Results may vary and customers agree to proceed at their own risk.

For clients based in the United States, payment services for Teampay, A Division of Paystand, are provided by The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate #57129). The Currency Cloud Inc is registered with FinCEN and authorized in 39 states to transmit money (MSB Registration Number: 31000206794359). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011. Please find a link to Currencycloud’s terms of use here.

Payment services (Non MIFID/banking/card related products) are provided by The Currency Cloud Limited.Registered in England No. 06323311. Registered Office: The Steward Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199). In the US Currency Cloud operates in partnership with CFSB. CFSB fully owns the bank program and services are provided by The Currency Cloud Inc.

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