XBO.emoney

XBO.emoney for business

Business FX transfers in EUR and GBP

XBO eMoney lets your company pay suppliers and partners in the currency they need, euros or pounds. Convert between your EUR and GBP accounts, then pay from the one you need, in one dashboard. You see a live FX quote first, and nothing moves until you confirm.

What is a business FX transfer at XBO eMoney?

A payment to a supplier or partner in the currency they need, made in two steps: you convert between your own EUR and GBP accounts, then pay from the account in that currency.

A business FX transfer in the dashboard

Captured from the live demo.

Convert screen of XBO eMoney on the web
Convert screen of the XBO eMoney app
ConvertConverting GBP to EUR before a payment, on the web and in the app.
Pay screen of XBO eMoney on the web
Pay screen of the XBO eMoney app
PayPaying a supplier from the account you converted into, confirmed with a code.

How a business FX transfer works

  1. Choose the direction and the amount

    Convert from GBP to pay in euros, or from EUR to pay in pounds.

  2. See the quote, then confirm

    You see a live FX quote first, and nothing moves until you confirm.

  3. Pay your supplier

    Pay from the account you converted into. Two-factor confirmation on every payment, not just at login.

  4. Follow both

    The conversion and the payment both show in your dashboard, with statements and transaction exports for your records.

FX payments to suppliers

Each payment goes from the account in your supplier's currency. If your money is in the other one, convert first.

Business FX transfers by direction
You holdYour supplier needsHow you pay
GBPEURConvert GBP to EUR, then pay from your EUR account
EURGBPConvert EUR to GBP, then pay from your GBP account

To convert between them, you hold both a EUR and a GBP account.

How currency exchange works

Serious about security.

  • Every action audited. Every session yours to revoke.
  • Client money is held safeguarded at regulated partner institutions and is never lent out. Your money is never ours.
Security at XBO eMoney

Questions about business FX transfers

Which account does an FX payment go from?

The account in your supplier's currency: your EUR account for a payment in euros, your GBP account for a payment in pounds.

What do I need to make an FX payment?

Both a EUR and a GBP account, so you can convert into the currency your supplier needs.

How many steps does a business FX transfer take?

Two: convert between your own accounts, then pay from the account in the currency you need. Both happen in the same dashboard.

Do I see the conversion and the payment separately?

Yes. Both show in your dashboard, with statements and transaction exports for your records.

What does a business FX transfer cost?

Fees are set out in your individual client agreement.

Ready to open an account?

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XBO TRADING (CANADA) LIMITED, registered address Unit 1 - 442 2nd Avenue, Fernie, BC V0B 1M0, Canada. Company registered in British Columbia, Canada. Registration No. BC1374137.