How do I pay international suppliers?

Send money across borders with Crezco

Pay foreign suppliers and international employees abroad seamlessly and securely. Crezco connects open banking payments with cross-currency payments to make international payments easier.

How to get started?

To use Crezco to send payments abroad, you need to first verify your account.

Please follow these steps to enable your Crezco account for international payments

 

Once your profile has been authorised, you will now be able to import international bills into Crezco or set up international payments manually within your dashboard to pay suppliers and employees and settle payments internationally.

 

How does it work?

If you have used Crezco before, you will be familiar with the open banking payment journey. The process is very similar to cross-border payments.

You will be presented with an amount to pay and a selection of domestic banks to pay from. Crezco will receive the funds, convert them to your chosen currency, and settle the payment locally with your supplier or international team member.

 

A simple example

You receive an invoice from an international supplier in USD but you only have a GBP bank account with Lloyds. You can upload the USD contact details into Crezco, initiate the payment from your GBP account and international supplier will receive the funds in USD.