Sending payments abroad?
From now on, you can schedule outgoing payments in advance and at the same time set future purchase rates!
With okoora ABCM you will never miss out on favorable currency rates again. okoora ABCM gives you the power to seize strategic market opportunities when they present themselves and capitalize on them for future payments. From now on, you can keep current on what’s happening in global money markets with timely alerts and AI-driven insights so that you can make informed and confident decisions in real-time. Minimize your cash flow uncertainty moving forward by locking the exchange rate when it seems most advantageous.
Who is lock rate & pay later suitable for?
Any business that needs to send future payments to suppliers from aboard and wants to make sure that the payment will send in convenient exchange rate.
How does it work?
- Select a future date to send the payment
- Choose beneficiary
- Enter the payment details- amount of transfer, currency type
- Choose the best option for you to lock the rate:
* Free of costs - If on the payment day the exchange rate is lower than your locked rate, you will not enjoy the lower rate
* With costs- If on the payment day the exchange rate is lower than your locked rate, you will enjoy the lower rate
Click here to lock rate & pay later with okoora ABCM