International Finance for Agencies

Agencies need to manage multiple budgets, in many locations, across different platforms. Cross-border platforms make this easier.

Take advantage of invoicing tools, Xero integrations, and virtual cards to make running an international agency a breeze.

September 4th, 2024

Disclosure

Agencies using their own bank accounts, or client accounts, for multiple cross-border transactions can increase costs on both incoming and outgoing payments.

Managing spend within agencies can be difficult when all of the following are happening:

Ad accounts are being run and billed for multiple clients, across a range of territories and in different currencies
Recurring payments to contractors and staff making up a global remote workforce need to be made weekly and monthly
Incoming payments from clients are coming from multiple locations and in multiple currencies

Using a traditional banking method will mean billing clients for spend and paying staff is left open to currency risk.

Cross-border payment solutions often solve a number of issues, with custom options available for particularly large clients and partnerships.

Key problems solved

Multiple ad spend and budgets

Manage international budget and ad spending through different virtual cards associated with either clients or platforms. Keep accounts operating in international markets without having to worry about costly currency conversion fees.

Billing international clients

Managing multiple currencies after payments

Get paid locally and manage each set of finances as needed. This includes holding and earning interest in balances where you may want to make payments in the future. Notably, EUR, USD, and GBP are commonly supported for interest payments.

Pay staff, freelancers and suppliers in bulk

Utilise batch payment options to pay staff, freelancers, and any other suppliers. Send up to 5,000 batch payments and reduce the cost of exchange rates and fees associated with individual transfers.

Recommended ad agency provider

Airwallex is our recommended provider for ad agencies. They offer the most flexibility on card use, unlimited virtual cards, and the widest range of local multi-currency accounts.

Visit Airwallex