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If I lock in a rate and a better one comes up later, can I switch? 

Send money Lock your FX rate

Once you’ve locked in an FX rate with Corpay, it stays fixed for the agreed period—up to 6 months. You won’t be able to change it, even if better rates become available later.

Related FAQs

Who do I contact for help while signing up with Corpay? Can I book FX rates directly from my Instarem business account?  How can I lock FX rates?  What is the maximum duration I can lock an exchange rate for?  How does a forward contract work? What’s the difference between FX hedging and forward contracts?

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