Business currency exchangeMove money between your currency accounts
Pay up to 90% less on FX than with traditional banks by converting currencies right inside the platform, with rates starting at just 0.3% above the interbank rate.
*Bank mark-ups typically range from 1% to 3% above the market exchange rate, based on
Payhawk's analysis of publicly available FX rates from a large sample of banks across the UK and EU
Your money shouldn't need a bank or middleman
Keep more of the cash you already hold. Payhawk charges a 0.3% FX mark-up on EUR, GBP, USD, and CHF, and 0.7% on PLN and DKK.
Move funds from any account and access cash instantly. Pay out reimbursements, spend via corporate cards, and settle supplier bills the second your balance lands, all inside the same platform.
Keep corporate cash secure on infrastructure provided by J.P. Morgan. Enforce rigorous internal controls with automated multi-party approvals on all pending transfers.
"What we love about Payhawk is the amazing FX rates, as we travel plenty around the world."
Move currency on your own terms
Hold EUR, GBP, USD, CHF, PLN, and DKK side by side in a single view. Shift funds between currencies instantly - no extra vendors to onboard, fund, or reconcile. Keep your cash right where you spend it.
Read the FX mark-up on screen, then decide. There is no transfer fee on top, so the number you see is the number you pay. Treasury gets a figure it can forecast against.
Cards, supplier payments, reimbursements, and currency exchange sit on one ledger in one platform. 59% of finance leaders call complete, centralised visibility across a multi-entity business extremely challenging, and every extra tool widens that gap.
Move currency instantly, from 0.3%
Discover enterprise power, without enterprise complexity
Manage employee expenses alongside all your other company spend. With Payhawk, you get complete control over your policies, workflows, and payments in a single platform.
Multiply your team's capacity with a suit of AI Agents. Handling finance tasks with precision, they ensure your team spends less time on routine work.
Dedicated IBANs, secure funds safeguarding in line with PSD2, and seamless payments across the globe in 115+ currencies.
Fully digitised employee spend tracking, expense reports with custom approvals and direct reimbursement to employee bank accounts.
Market-leading integrations with your ERP, accounting software, HRIS, and security tools, plus a robust RESTful API and real-time webhooks.
Reimagine business travel with intelligent in-policy booking, embedded payments and a guided process from trip request to trip report.
Custom multi-level approvals, flawless matching and global invoice payments make accounts payable effortless end-to-end.
Efficient and easy to follow purchasing your teams will understand. Clear purchase requests, tailored workflows, POs, 3-way matching and payments.
FAQ
You can hold balances in EUR, GBP, USD, CHF, PLN, and DKK, and move funds between them on the Funds screen in the platform.
A 0.3% FX mark-up above mid-market rate on EUR, GBP, USD, and CHF. 0.7% on PLN and DKK.
No. Moving funds between your own Payhawk currency accounts carries the FX mark-up only, with no transfer fee on top. The rate appears on screen before you confirm and is valid for 3 minutes. If it expires, click on Refresh quote to get an updated rate, or cancel the operation.
Yes, in the same currency. Payhawk supports same-currency and cross-currency transfers between your own debit accounts in EUR, GBP, USD, CHF, PLN, and DKK, and same-currency transfers from a debit balance to a credit balance. Credit balances are built for card spend, so they are topped up from your other Payhawk balances rather than converted into directly.
Transfers between your own Payhawk currency accounts are instant.
Funds are safeguarded by J.P. Morgan and other regulated institutions, on enterprise payment infrastructure.
You can configure segregation of duties for moving money between your Payhawk currency accounts. A transfer initiated by one team member stays pending until a second approves it, so no single account can move company funds alone. That four-eyes control is what blocks internal fraud and business email compromise from reaching your cash.
There is no intermediary account to open and no separate reconciliation, and the same platform runs cards, supplier payments, and reimbursements. FX mark-up rates are highly competitive, lower than banks and often lower than specialist transfer providers.
No. Move funds between your currency accounts as often as you need, with no cap on the number of transfers. Each one carries the same FX mark-up, shown before you confirm.