At borderless the slogan is Simple. Secure. Global. When we say we’re global, what does that really mean? We’re going to dive into the details of the truly worldwide coverage we provide.
Multi-Currency
Multi-Currency Holding in 35+ Currencies
Using a borderless business account, you can hold multiple currencies at the same time. How many currencies? We allow you to hold over 35+ different currencies simultaneously! Your account will show separate balances for each currency. You can convert between balances at any time using our preferred exchange rates. We also provide balance details that allow you to accept payments from clients in their preferred currency. You can then receive, send, or exchange at great foreign exchange rates. When a payment is sent, you have control over who pays the fee, you or the recipient. We make it easy to manage all the currencies your business needs.
Preferred Foreign Exchange FX Rates
Foreign exchange rates have always been a mystery. Banks and some players do not show their rates prior to payment. At borderless, we value transparent pricing. Our exchange rates are among the lowest in the industry ranging between 0.4% – 3% from the Reuters rate depending on the country and currency. Ahead of every payment we display our exchange rates when booked through our dashboard. We also refresh our rates every 30 seconds to provide the most accurate rate. Finally, if your volume is more than $500,000 USD per year, you are entitled to a special discounted rate – Please reach out to learn more.
Low International Fees
Regarding fees, we cap our fees as our typical international fee is 2%+30c and capped at $30 USD. With these rates, borderless can help your business save on global payouts. Our rates and per transaction model beats PayPal, Stripe Connect, and many other payment platforms. Unlike some of our competitors, we also include a currency conversion! For an up-to-date pricing, click here.
Countries and Currencies We Serve
Map of Countries: 120+ Countries Served
We are proud to announce that we are now serving over 120 countries! While we do realize that not all countries are included, we are always looking to expand. Remember to keep updated with borderless news for future announcements. Below, we created a map to show you exactly which countries we serve. For a more detailed list, click here.
List of Currencies: 75+ Currencies Served
In addition to our wide list of countries, we pride ourselves on our worldwide currency service. Below is a full list of all the currencies we offer.
AUD Australian Dollar | CAD Canadian Dollar | USD US Dollar | EUR Euro | GBP Great British Pound | CNH Chinese Yuan Offshore | BGN Bulgarian Lev | JOR Jordanian Dinar |
THB Thai Baht | NZD New Zealand Dollar | MXN Mexican Peso | BHD Bahraini Dinar | DKK Danish Krone | HRK Croatian Kuna | RON Romanian Leu | JPY Japanese Yen |
PLN Poland zloty | SGD Singapore Dollars | IDR Indonesian Rupiah | AED United Arab Emirates Dirham | ZAR South African Rand | GHS Ghanaian Cedi | MUR Mauritian Rupee | RUB Russian Ruble (Onhold) |
HKD Hong Kong Dollar | NOK Norwegian Krone | IND Indian Rupees | ARG Argentinian Pesos | PHP Philippine Peso | CNY Chinese Yen | ILS Israeli New Shekel | QAR Qatari Riyal |
TRY Turkish Lira | CHF Swiss Franc | COP Colombian Peso | BRL Brazilian Real | NGN Nigerian Naira | UAH Ukrainian hryvnia (Onhold) | KES Kenyan Shilling | PKR Pakistani Rupee |
BDT Bangladeshi Taka | AFN Afghan Afghani | SEK Swedish Krona | MYR Malaysian Ringgit | VND Vietnamese dong | MAD Moroccan Dirham | CZK Czech Koruna | SAR Saudi Riyal |
TWD New Taiwan Dollar | GTQ Guatemalan Quetzal | ETB Ethiopian Birr | TND Tunisian Dinar | PEN Peruvian Sol | BOB Bolivian Boliviano | LKR Sri Lankan Rupee | PYG Paraguayan Guarani |
WST Samoan Tala | TZS Tanzanian Shilling | UGX Ugandan Shilling | EGP Egyptian Pound | XPF Central Pacific Franc | MGA Malagasy Ariary | KWD Kuwaiti Dinar | GYP Guyanaese Dollar |
BZD Belize Dollar | MVR Maldivian Rufiyaa | OMR Omani Rial | JMD Jamaican Dollar | DOP Dominican Peso | HNL Honduran Lempira | NIO Nicaraguan Córdoba | HUF Hungarian Forint |
HTG Haitian Gourde | GEL Georgian Lari | KHR Cambodian Riel | RWF Rwandan Franc |
Expand With Ease
Expanding borderless If You Use Other Processors
We recognize that outside processors, like Stripe, do not have our coverage. It is hard to make the switch. That’s why by connecting borderless to an existing outside processor, you can expand to other countries. Specific to Stripe, you can also optimize your collections while still using borderless to perform payouts. To learn more about integrating Stripe and how it compares to borderless, read our previous blog post here.
Conclusion
For the best combination of pricing, service, and global coverage, borderless is the solution for your business. As we have low pricing, fast service, and extensive global coverage, we recognize that not every country is covered. We are working hard to provide that complete coverage (Let us know where you want to see us go next!). We hope that you got a true sense of our worldwide reach through this post. Next time in our blog series, we will begin examining how borderless works in specific industries. Make sure to stay tuned. In the meantime, schedule a demo, contact our team, or create an account today!