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In today's interconnected world, businesses need to operate seamlessly across borders to reach new markets and customers. One of the biggest challenges for international businesses is managing foreign exchange (FX) transactions. Traditional methods can be complex, costly, and time-consuming. That's where Runa FX comes in.
Navigating the complexities of international spending
Traditional methods of international payments often involve:
- Complexity: Juggling multiple currencies, managing accounts on different platforms, and navigating intricate exchange rate calculations.
- Hidden Costs: High FX fees, opaque markups, and surprise charges that can significantly erode profit margins.
- Slow Transactions: Manual currency conversions and delays from third-party platforms can hinder business agility and customer experience.
These factors create a friction point for businesses looking to operate and expand globally. Existing FX solutions are not fit for purpose. They can be cumbersome, expensive, and slow down international transactions, ultimately hindering global growth.
Expanding your options: Enhanced currency management with Runa FX
Runa is excited to announce that we've expanded our FX feature to offer you even greater flexibility in managing your funds and currencies. You now have two convenient options:
- Convert and manage funds directly in multiple currency balances:
- Set up and manage multiple currency balances within your Runa balance.
- Easily convert between currencies anytime as needed to optimize your transactions.
- Ideal for businesses that frequently deal with multiple currencies and want to optimize their global currency holdings.
- Top up in your preferred currency and spend anywhere:
- Maintain a single balance in your preferred currency.
- Runa automatically handles currency conversions at the point of payment, ensuring seamless global transactions.
- Get one simplified statement with all transactions by currency.
- Perfect for businesses that want a simplified approach to international payouts.
Both FX methods offer the same great functionality:
- 24/7 instant currency exchange: Avoid delays and business hours.
- Real-time, mid-market rates: Enjoy transparent exchange rates with no hidden fees.
- Streamlined reporting: Get a clear overview of all transactions and FX fees.
- Easy access: Convert currencies directly in the Runa portal or automatically via API.
Runa customers can choose the option that best suits your business needs and enjoy the benefits of Runa's enhanced FX capabilities.
Unlocking the power of Runa FX
- Enjoy ultimate flexibility: Manage your money in the way that works best for your business.
- Reduce operational overheads: Spend anywhere instantly or exchange funds with just a few clicks, eliminating third-party hassle.
- Cut costs: Reduce FX fees compared to traditional providers.
- Reach more users: Reach recipients wherever they are, manage funds and access global merchants all in one place.
Runa FX unlocks benefits for your business
- Send payouts to new markets: Expand their reach and tap into new opportunities.
- Accelerate time to market: Enter new countries and regions more quickly.
- Reduce costs: Save money on FX fees and streamline operations.
- Streamline processes: Reduce manual steps and improve efficiency.
Runa FX is a powerful feature for businesses that want to simplify their international spending and reduce costs. By offering a flexible and efficient solution, Runa FX empowers businesses to operate seamlessly across borders and unlock new opportunities for growth.
Get started today
Runa customers can get started today. Speak to a member of the team to switch it on.
If you're not already a customer, book a demo to learn more.
