Paying suppliers in foreign currencies: reduce your international currency exchange costs
Paying in foreign currencies shouldn’t eat into your profit margins. b-sharpe lets you settle supplier payments in EUR, USD, GBP… and save up to 80% on your foreign exchange costs compared to your bank.
23 currencies
100% secure Swiss service
SEPA & SWIFT transfers
Paying a supplier
in foreign currency eats into your profit margins
When you use your bank to pay a foreign supplier, there are three main factors that affect your costs.
A high exchange rate margin
Between the market rate and the rate charged by your bank, you can easily lose 1–3% on every foreign currency invoice. Over the course of a year, this can amount to several thousand Swiss francs.
Opaque fees on top of the exchange rate
International payment fees, shared charges, correspondent bank costs… The total cost of a foreign currency transfer is often difficult to predict.
Foreign currency accounts can be difficult to manage
Having multiple accounts in EUR, USD and GBP ties up your cash flow, makes it harder to track supplier payments and significantly increases your bank charges.
How b-sharpe is changing the way
you make payments to overseas suppliers
Paying in foreign currencies shouldn’t eat into your profit margins. b-sharpe helps you reduce currency conversion costs and maintain a clear overview of every payment.
Pay in your supplier’s currency
You no longer need to hold an account in your supplier’s currency to pay their invoice in foreign currency. With our free multi-currency account, you benefit from excellent exchange rates and avoid account maintenance fees.
Limit the exchange rate margin
The B-Sharpe rate is very competitive and is based on current interbank market rates. Before confirming your transaction, you always know exactly how much your foreign currency payment will cost.
Simplify your international payment processes
A single bank transfer in CHF to b-sharpe can be used to settle several invoices in different currencies. In practical terms: fewer accounts to manage and simpler accounting when it comes to supplier payments.
4 steps to paying a
supplier in foreign currency
Create your business account
Registration takes just a few minutes and can be done online. Your account will be activated within 24 hours, with no sign-up fees or commitment, and is accessible on both mobile and desktop.
Please provide your supplier’s contact details
Enter your supplier’s bank details.
Fix the exchange rate
You can lock in the exchange rate on our platform, with our experts or via our trading desk. Funds are converted at the b-sharpe rate, which is displayed in advance.
Send the funds
You make a bank transfer to b-sharpe’s IBAN from your usual bank. As soon as we receive the funds, we pay your supplier. Processed within 24 working hours.
Create your business account
Registration takes just a few minutes and can be done online. Your account will be activated within 24 hours, with no sign-up fees or commitment, and is accessible on both mobile and desktop.
Please provide your supplier’s contact details
Enter your supplier’s bank details.
Fix the exchange rate
You can lock in the exchange rate on our platform, with our experts or via our trading desk. Funds are converted at the b-sharpe rate, which is displayed in advance.
Send the funds
You make a bank transfer to b-sharpe’s IBAN from your usual bank. As soon as we receive the funds, we pay your supplier. Processed within 24 working hours.
A b-sharpe
adviser at your side
Adrien supports businesses and SMEs in managing their multi-currency cash flows. He analyses your needs and recommends tailored solutions (spot foreign exchange, forward foreign exchange contracts, currency risk hedging), acting as your dedicated point of contact throughout the process.
Our customers say it
better than we do
“b-sharpe’s flexibility, consistently attractive exchange rates and high-quality customer service never fail to impress.”
Alain B, Director
23 currencies available
for paying your suppliers
Meet most of your needs in Europe, North America, Asia and beyond.
Swiss security for your
supplier payments in foreign currencies
A regulated intermediary in Switzerland
b-sharpe is a Swiss financial intermediary affiliated with SO-FIT, a Swiss self-regulatory organisation.
You are operating in an environment that complies with Swiss standards.
Enhanced protection for funds
Insurance cover of CHF 5 million provides additional protection for your funds against the risks of fraud, hacking or embezzlement.
Over 20 years’ experience in foreign exchange
Founded in 2006 by Jean-Marc Sabet following a career at UBS, HSBC and Synthesis Bank, b-sharpe has served over 40,000 clients. Trustpilot rating: 4.8/5.
A team of experts, highly regarded by our clients
Our experts will guide you through getting to grips with the platform, as well as helping you navigate the challenges and complexities of currency exchange.
Frequently asked questions about supplier payments in foreign currencies
With b-sharpe, you transfer your CHF to your Swiss b-sharpe IBAN from your usual bank, then enter the amount, currency and your supplier’s bank details. Your funds are converted at the market rate and transferred directly to your supplier’s account (in EUR, USD, GBP and over 20 other currencies) within 24 working hours, with no multi-currency account to manage.
Fees are limited to transaction charges based on the interbank rate, starting from 0.12%. No account opening fees, no subscription fees, and no hidden transfer charges. Depending on the amount of the invoice or contract to be paid, the amount to be transferred is automatically calculated. Once the transaction is confirmed, you know exactly how much to pay in your usual currency to settle your supplier’s invoice.
Which currencies are available for paying my international suppliers?
b-sharpe offers over 23 currencies for your supplier payments: CHF, EUR, USD, GBP, AED, JPY, CAD, MAD and many more. Find the full list at b-sharpe.com/currency-converter/.
Do I need a foreign currency bank account to pay my international suppliers?
No. With b-sharpe, a single-currency bank account is all you need to pay your suppliers in EUR, USD, GBP and over 20 other currencies. No need to open a multi-currency account, and no cash tied up in multiple currencies. Your suppliers receive payment directly in their own currency, wherever they are.
How do I lock in an exchange rate to secure a supplier payment?
With b-sharpe, you can lock in your exchange rate in real time via the platform or by contacting our FX desk. The rate is guaranteed for 48 hours, giving you time to transfer your funds and finalise your internal approvals. For recurring supplier payments or large amounts, a forward exchange contract allows you to fix your rate over a longer term and secure your margins over time.
Once your funds have been received in your b-sharpe IBAN, the conversion and transfer to your supplier’s account are completed within 24 working hours for common currencies and up to 48 hours for more exotic ones. Transactions are processed through leading Swiss banks. Your supplier receives the payment in their currency, directly into their account.
The first step is to know the actual interbank rate before each transaction. This is the market benchmark, freely available online. With b-sharpe, you see exactly what each supplier payment in foreign currency costs, with no fees added afterwards. No hidden international transfer fees, no unannounced shared charges.