Corpay Cross-Border Solutions

What our Customers are Saying 

 

  • Business Services

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Joseph Fanutti, CFO

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Excellent client relationship staff, always want to provide context and insight into what is happening in the FX markets. Excellent in understanding our specific needs and tailoring a solution that meets our objectives. 

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Loren Spigelman, Director

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I have been a satisfied client of Corpay for about 20 years and I have a great relationship with my account representative. I get great service and they have been a pleasure to work with. I am aware of other forex service providers that offer tighter spreads (ie. slightly better rates), particularly for ILS. However the funds delivery takes longer because they do not offer a payment acceptance limit like Corpay does. They won't send out your international payment until your local funds clear. They don't offer the ability to hold your foreign funds in a holding account.  You have to convert and send right away.  There is no personal touch with a specific account representative. However, with Corpay, I get all of these things.

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Global

Zoe Lu, Accounting and Administration Manager

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Like most of the lumber wholesalers and exporters in Canada, we have a regular requirement to hedge our foreign currency exposure. With Corpay’s proactive approach, we are able to manage our FX risk more effectively while still focusing on our daily business activities. With their help, we are able to protect our profit margin without worrying about currency fluctuation. I would not hesitate to recommend the team at Corpay to anyone looking for some new ideas in managing their FX risk.

 

  • Electronics

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Kevin Abma, General Manager

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For us, Corpay is more than just about foreign exchange. Our payment workflow is entirely built into their web-based platform. The fact that we can do both foreign and domestic EFT payments makes this an extremely valuable service for us.

 

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    Financial Services

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Jeffrey Boyko , President and Chief Currency Strategist 

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I wanted to share my experience with the Corpay Cross-Border portal, which has proven to be a valuable tool in my daily tasks. It really took no time to catch on.  
 
I can now easily track, in detail, when payments are entered and when they are completed. This has significantly simplified the reconciliation process on my end.  It also allows me to spot any potential issues ahead of time.
 
Additionally having access to up to date funding balance and transaction details is another excellent feature.

Great job Corpay team!

 

  • Food and Agriculture

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Gerry Szostak, Finance Director

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Handtmann has been using Corpay for our foreign exchange needs since 2016. They are a valuable resource for us when making our monthly payments to our suppliers in Europe, through a combination of competitive pricing and great service. Their online platform is intuaitive and allows for a seamless processing of our cross border transfers.

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Paul Gibis, Owner

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Corpay’s platform is easy to use and has everything needed to be a top financial solutions provider. Their customer service is excellent. 

 

  • Healthcare

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Leigh Anne George, Controller

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Working with Corpay has been a blessing in my role of Controller at MediPharm Labs. It has saved me time and effort when processing wires. Customer Service is 110% - My dedicated Corpay Team have been nothing but professional, knowledgeable and efficient when tending to my financial needs of the organization. Thanks Corpay !    

 

  • Institutional

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Mike Martin, Director

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Corpay reached out to me to discuss options for improving the financial performance of our portfolio companies via FX hedging. At the time, we were looking to enhance the working capital management and margins of a portfolio company that had significant FX exposure on their cost of goods sold. Working with Corpay, we were able to construct and execute on a hedging strategy that achieved these objectives while also accessing an unsecured line for our hedges. After that engagement I brought Corpay to work on several of my portfolio companies and I have been consistently impressed with their proactive service, hedging solutions and convenient payment technology.

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Andrew Shortreid, President and Managing Partner

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We have been utilizing Corpay for a significant majority of our organization’s FX hedging volume for several years. Throughout this time, we have established strong working relationships with Corpay's team of traders and strategists who have helped us develop creative hedging structures on numerous occasions, all the while not bogging us down with paperwork or tying up a significant amount of my capital in margin deposits. Their pricing has always been very competitive and their focus on customer service has been second to none. I highly recommend Corpay.

 

  • Other (Automotive)

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Ward Hepting, President

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The strength of every organization is deeply connected to the individuals that work within that organization, the foundation of every organization is rooted in the manner in which it equips and supports these individuals… initially what intrigued me as it relates to Corpay was that I was potentially going to be working with an individual who wanted to know and understand my business and my challenges vs. a large corporate entity that was trying to sell me money. The value came as that person learned about our business, solutions were presented that gave us options to manage our risk.

 

  • Other (HVAC)

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Adam Legg, Controller

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Working with Corpay takes a very low amount of effort. They keep me informed about movements in the market and help guide my FX strategy. Their emails and webinars are very informative. 

 

  • Other (Lumber)

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Kevin Edgson, CEO

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As the Chief Financial Officer for a family-owned Alberta-based company with over $300 million in revenue (most of which was denominated in USD), we had a regular requirement to hedge our foreign currency exposure. Corpay provided consistent and reliable advice in developing our hedging strategy, as well as the means to execute our plans. Having recently moved to Eacom Timber Corporation, where there was no hedging program currently in place but similar foreign currency exposure, one of the first calls we made was to Corpay in order to establish a similar relationship. I do not hesitate recommending Corpay as a partner in managing and executing foreign currency trading activities.

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Byron Steckler, Senior Accountant

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We have been doing our foreign exchange transactions with Corpay for just over a year. We value the excellent relationship we have with our trader. We appreciate the pro-active and personal approach they take in keeping us informed of rate movements and potential new products that may benefit our company’s bottom line. We look forward to many more years of working together.  

 

  • Other (Manufacturing)

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Julie Mortensen, CFO

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I would recommend Corpay as a business provider as I feel they genuinely care about their customers' needs. They have always been there to answer questions and to teach whenever I have needed information. I believe Corpay wants their customers' businesses to succeed and that they are not just trying to sell their products. Corpay takes the time to understand their customers' needs and then provides the solutions that best fit the customer.

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Cam Thang, Vice President of Accounting

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We engaged Corpay in 2011 to service our international payments and FX risk management needs. Their online trading platform is efficient and user-friendly, and payments are always delivered on time, hassle-free. Corpay’s knowledgeable staff helped steer us through the foreign exchange market, and worked with us to build hedging solutions that were customized to meet our industry-specific needs. Throughout our 5 year relationship with Corpay, we have continuously been impressed with the exceptional level of service we are provided. I would not hesitate to recommend Corpay, and look forward to our continued relationship for many years to come.

 

  • Other (Restaurants)

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Gwen Jones, COO

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I have been working with Corpay for 7 years but have been a part of the company much longer. Corpay is very responsive to all inquiries and knowledgeable in market fluctuations.  All payments are accurate and on time to my suppliers with back documentation to provide proof if needed. My representative is always available. We talk frequently and when he is away there is always another colleague handling inquiries. Overall, very satisfied and feel secure with Corpay.

 

  • Other (Textiles)

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Judith McKinlay, Office Manager

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I would recommend Corpay as we have had nothing but excellent service - timely & efficient!

 

  • Retail

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Andrew Wong, Controller 

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Since we started working with Corpay, we have been able to respond to global market changes around the clock with the help of our account team, and we have had the responsiveness and stability we need to hedge into the future and to make payments with our vendors around the world. This means that we can pass the savings from our foreign exchange to customers, keeping prices down and staying competitive!

 

  • Retail (Fashion)

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Carol Comerford, General Manager

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I would tell anyone that Corpay is efficient and friendly, and that I have had no negative experiences or issues in all the years that we have been doing business.

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Haim Ruben, Principal

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Corpay has been our business provider for over 15 years we are very satisfied with their services , I would strongly recommend Corpay to my fellow business owners, thanks for the great service always.

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Charles Chang, CFO

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We are continually impressed with Corpay’s customer service, knowledge, and support in building a strong hedging strategy which optimized our position in the market.

 

  • Seafood

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Marie Aisthorpe, Business Relations Liaison

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Corpay provides a secure and competent product with caring customer support, allowing freedom in money movement between currencies and countries 24/7. Plus, their interface is easy as pie.

 

  • Sports Organizations

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Kris Gemmell, Head of Marketing & Commercial

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Corpay Cross-Border has been a creative answer for the World Triathlon. As Triathlon's non-profit International Governing body, we invest time and money in the sport's development pathways and nurture its growth. Corpay's expertise and reliable services have allowed us to mitigate FX and currency risk, optimising our spending capabilities and transparency in how and where we contribute financially to the global triathlon community. We are grateful for their collective approach and shared values. As a Global partner, they stand alone in the services they have delivered.

 

  • Travel and Tourism

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Herb Cowen, Chairman

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With the majority of new RVs as well as parts coming in from the US, a program such as this will be very beneficial to our membership. Our new partnership with Corpay will ensure that our members can manage their cash flow in a more stable manner as well as protect their assets when markets become more volatile. We look forward to working with Corpay.

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Brian Hoeniger, Accountant/Tour Support

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We transact in 60+ currencies and bank in 6 major currencies. Corpay helps us to manage our complex financials & transactions with relative ease at lower cost than major Canadian banks.

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Erika Bowing, Office Manager

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I would absolutely recommend Corpay to anyone. They keep you informed on a regular basis of what is happening with your account and new things within Corpay itself. The staff is kind and very helpful. 

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Nicola Wilson, Owner & Operator

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Super easy to use, especially for people who need to send money, but travel a lot like the owners of our company. I always tell our Corpay representative this, but using Corpay really changed our lives for the better!

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Rick Layzell, CEO

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As a pillar of our strategic plan, we are steadfastly committed to bringing new business development tools and additional value to our members and this announcement fits perfectly into those commitments. Currency exchange can be a daunting task for any business, today’s announcement backed by Corpay's proven service promise is another conduit to solutions for members of all sizes.    

 

  • Wine and Spirits

PIO Imports

David Dahme, General Manager

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I have been with Corpay for over 10 years now. I’m completely satisfied with the company and my account reps. If the market is about to change, I receive notifications making me aware of it.

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"Cambridge Global Payments” and “AFEX” are trading names that may be used for the international payment solutions and risk management solutions provided by certain affiliated entities using the brand “Corpay”. International payment solutions are provided in Australia through Cambridge Mercantile (Australia) Pty. Ltd.; in Canada through Cambridge Mercantile Corp.; in Switzerland through Associated Foreign Exchange (Schweiz) AG; in the United Kingdom through Cambridge Mercantile Corp. (UK) Ltd.; in Ireland and the European Economic Area on a cross-border basis through Associated Foreign Exchange Ireland Ltd.; in Jersey and the Channel Islands through AFEX Offshore Ltd.; in Singapore through Associated Foreign Exchange (Singapore) Pte. Ltd. and in the United States through Cambridge Mercantile Corp. (U.S.A.). Risk management solutions are provided in in Australia through Cambridge Mercantile (Australia) Pty. Ltd.; in Canada through Cambridge Mercantile Corp.; in the United Kingdom through Cambridge Mercantile Risk Management (UK) Ltd.; in Ireland and the European Economic Area on a cross-border basis through AFEX Markets Europe Ltd.; in Jersey and the Channel Islands through AFEX Offshore Ltd.; in Singapore through Associated Foreign Exchange (Singapore) Pte. Ltd. and in the United States through Cambridge Mercantile Corp. (U.S.A.). Please refer to http://cross-border.corpay.com/brochure-disclaimers for important terms and information.