Abacus is able to process reimbursement payments to and from supported international bank accounts via TransferWise. This feature is available on the professional or enterprise plan. The following chart shows the source and target currency types that are supported by Abacus:
Source Currency (i.e. Company Bank) |
Target Currency (i.e. Employee Bank) |
USD | GBP |
GBP | EUR |
EUR | CAD |
CAD | AUD |
AUD | SGD |
SGD | HKD |
HKD |
Within one payment batch of approved international expenses, customers can payout to multiple target currencies but can fund with only one source currency. If there is a currency your company would like to use but is not currently supported by Abacus, please submit your request to support@abacus.com.
Emburse International Reimbursements powered by TransferWise is a paid feature available to Professional and Enterprise customers. To learn more about functionality and pricing, please reach out to support@abacus.com or your customer success manager.