PagCorp Multi-Currency Limits
More control, predictability, and savings in international transactions: Set aside a dollar limit for your future purchases.
HOW IT WORKS
Check out the step-by-step guide to making the most of Multi-Currency Limits.
Step 1
Enable your company's main treasury account to access the Multi-Currency Limit and all its features.
Important : Only the main treasury is authorized to perform conversions.
Step 2
Run value simulations and perform the conversion. The converted limit amount will be stored in the main treasury.
Step 3
Enable the cards to use dollar-denominated credit limits. If necessary, enable the sub-treasuries for these cards so they can manage their limits.
Important : the sub-treasury is not authorized to perform conversions.
Step 4
Increase or decrease the spending limits on enabled cards that will be available in dollars.
Step 5
Use credit cards enabled with a dollar limit for purchases in foreign currencies and enjoy zero IOF (tax on financial transactions).
Step 6
Submit your expense report by uploading proof of expenditure via the user's app or WhatsApp.
Step 7
Track all transactions in your statement.
