Multicurrency Settlement Solution

A multinational market for your business

As ecommerce continues to expand, the opportunities to reach new markets are expanding too. Any business with an eye on multinational sales could benefit from offering a customer’s local currency. And the more currencies you can accept, the more customers you can appeal to.

By accepting and processing multicurrency payments, you could access a global market; expanding your customer base and increasing your sales opportunity. Barclaycard Multicurrency Settlement Solution is ideal if:

You take overseas orders

You can tap into potentially higher conversion rates and improve your customer experience. When customers can see the price of goods in their local currency, they have more faith in the payment process – driving sales*.

You process many like-for-like currencies

Processing multiple currencies and then settling them in the same currency can be expensive and take time. With our solution, all settlement currencies can be switched to one or two currencies – making the whole process simpler and potentially reducing foreign exchange risk too.

Next steps

Set up is simple. Firstly you need to decide which currencies you wish us to process on your behalf, select the settlement currencies of your choice, and let us know.
You can either contact your Relationship Manager or call 0800 096 8199 to get started.

Then simply contact either your IT department or partner, or your web developer, to make sure your prices are displayed in the currency you wish to accept.

* '5 essential components for attracting international customers (Revenue Wire) January 2015'. 

It’s flexible

The key to international success is letting your customers buy in their local currency, so can you make more sales.

It’s easy

Setting up and getting started is very simple.

It’s clear

We price transparently by loading the exchange rate based on your turnover.

There’s less to manage

There’s no need to buy and sell currency or to manage multiple currency accounts. We will settle the payment for you in the currency of your choice, taking the pressure off your treasury function.

It suits any business selling abroad

Barclaycard Multicurrency Settlement Solution is ideally suited to anyone who’s looking to sell overseas. 

Accept payments from all around the world

You can accept payments in the currencies shown below. The ones highlighted are currencies we can both process and settle back to you in.

Country	Currency	TXN CCYS
Albania	Lek	ALL
Argentina	Argentine peso	ARS
Australia	Australian dollar	AUD
Bolivia	Bolivian boliviano	BOB
Bulgaria	Bulgarian lev	BGN
Brazil	Brazilian real	BRL
Canada	Canadian dollar	CAD
Chile	Chilean peso	CLP
China	Yuan renminbi	CNY
Colombia	Colombian peso	COP
Croatia	Croatian kuna	HRK
Czech Republic	Czech koruna	CZK
Denmark	Danish krone	DKK
Estonia	Kroon	EEK
European Union	Euro	EUR
Hong Kong	Hong Kong dollar	HKD
Hungary	Forint	HUF
Iceland	Icelandic krona	ISK
India	Indian rupee	INR
Israel	New Israeli shekel	ILS
Japan	Yen	JPY
Korea (Republic of)	Won	KRW
Malaysia	Malaysian ringgits	MYR
Mexico	Mexican peso	MXN
Morocco	Moroccan dirham	MAD
Nepal	Nepalise rupee	NPR
New Zealand	New Zealand dollar	NZD
Norway	Norwegian krone	NOK
Pakistan	Pakistan rupee	PKR
Paraquay	Paraguayan guarani	PYG
Peru	Peruvian peso	PEN
Philippines	Philippine peso	PHP
Poland	Zloty	PLN
Romanian	Leu	RON
Russia	Russian ruble	RUB
Saudi Arabia	Saudi riyal	SAR
Singapore	Singapore dollar	SGD
South Africa	Rand	ZAR
Sri Lanka	Sri Lanka rupee	LKR
Sweden	Swedish krona	SEK
Switzerland	Swiss franc	CHF
Taiwan	New Taiwan dollar	TWD
Thailand	Baht	THB
Turkey	New Turkish lira	TRY
Ukraine	Hryvnia	UAH
UK	Pound sterling	GBP
United Arab Emirates	UAE dirham	AED
Uruguay	Uruguayan peso	UYU
USA	US dollar	USD
Venezuela	Venezuelan bolivar	VEF