Multi currency account for raw material businesses
Streamline your international procurement with Hubpay’s multi-currency platform. Manage cross-border payments, optimize FX rates and ensure the smooth supply of raw materials across sectors like food, pharmaceuticals, FMCG, and construction.
Licensed under
Abu Dhabi Global Market
How Hubpay helps raw material businesses
How Hubpay helps raw material businesses
Efficient global payment management
Send fast and secure multi-currency payments to your suppliers, ensuring uninterrupted supply chains across industries.
Utilize real-time rate alerts and lock in favorable FX rates to control costs for large-volume purchases.
Monitor all transaction histories and cash flow with real-time updates, giving you a clear view of your payment operations.
Efficient global payment management
Send fast and secure multi-currency payments to your suppliers, ensuring uninterrupted supply chains across industries.
Utilize real-time rate alerts and lock in favorable FX rates to control costs for large-volume purchases.
Monitor all transaction histories and cash flow with real-time updates, giving you a clear view of your payment operations.
Optimized currency exchange for raw material procurement
Access competitive exchange rates for bulk purchases across major and minor currencies, tailored to your procurement needs.
Automate recurring payments for consistent supplier orders, ensuring that currency fluctuations don’t affect your operational timelines.
Customize multi-level approvals for high-value FX transactions, ensuring all key stakeholders are aligned.
Optimized currency exchange for raw material procurement
Access competitive exchange rates for bulk purchases across major and minor currencies, tailored to your procurement needs.
Automate recurring payments for consistent supplier orders, ensuring that currency fluctuations don’t affect your operational timelines.
Customize multi-level approvals for high-value FX transactions, ensuring all key stakeholders are aligned.
Track and account for every transaction
Gain complete visibility into all foreign exchange transactions with detailed data on amount, currency, transaction type, and counterparties.
Every FX transaction is instantly trackable, allowing your accounting team to categorize expenses by supplier, project, or business unit.
Export detailed transaction reports directly to your accounting software, ensuring seamless financial tracking and accurate reporting.
Track and account for every transaction
Gain complete visibility into all foreign exchange transactions with detailed data on amount, currency, transaction type, and counterparties.
Every FX transaction is instantly trackable, allowing your accounting team to categorize expenses by supplier, project, or business unit.
Export detailed transaction reports directly to your accounting software, ensuring seamless financial tracking and accurate reporting.
Solutions made for raw materials businesses
Solutions made for raw materials businesses
Businesses that need to send money to Europe, Africa, and beyond often face frustrating issues like slow processing, high fees, and complex rules. Hubpay takes care of that, so you can focus on what matters most—growing your business.
Businesses that need to send money to Europe, Africa, and beyond often face frustrating issues like slow processing, high fees, and complex rules. Hubpay takes care of that, so you can focus on what matters most—growing your business.
Custom solutions
Enjoy flexible payment options that fit your specific needs.
Instant transfers
Send money instantly without the usual delays.
Complete transparency
Know exactly what you’re paying. No hidden fees or surprises.
Custom solutions
Enjoy flexible payment options that fit your specific needs.
Instant transfers
Send money instantly without the usual delays.
Complete transparency
Know exactly what you’re paying. No hidden fees or surprises.
Custom solutions
Enjoy flexible payment options that fit your specific needs.
Instant transfers
Send money instantly without the usual delays.
Complete transparency
Know exactly what you’re paying. No hidden fees or surprises.
Read an interesting case study
How a UAE-Based Raw Materials Trading Company Saved 25,000 AED While Transferring 10 Million AED
Read this case study to know more
Client Background
A prominent UAE-based trading company specializing in raw materials for various industries—including FMCG, pharmaceuticals, and construction—faced significant challenges in managing its international payments. The company needed to transfer 10 million AED from a supplier overseas to ensure timely deliveries for ongoing projects.
The Challenge
The finance team began negotiations with their existing banks to facilitate this large transfer. However, the process was cumbersome, with slow response times and uncompetitive exchange rates leading to potentially high costs for the transaction. The team realized that they needed a more efficient solution to manage this critical payment.
The Solution
Hubpay’s Corporate FX Platform
At the right moment, Hubpay’s outreach connected them with the finance team. After assessing their requirements, Hubpay's team identified that they could facilitate the payment with competitive rates and transparent pricing. The company discovered that using Hubpay could save them 25,000 AED on the transfer.
The Results
Once the management approved the onboarding with Hubpay, the finance team worked closely with Hubpay’s Sales and FX teams over a span of 4 weeks to facilitate the full transfer of 10 million AED. The process was smooth and efficient, ensuring timely delivery of essential raw materials.
Key Takeaways
Savings: 25,000 AED saved with competitive rates.
Volume: 10 million AED successfully transferred to suppliers.
Efficiency: A streamlined process completed in 4 weeks, with continuous support from Hubpay’s team.
Are you facing challenges with cross-border payments?
Contact us today to learn how we can help streamline your international transactions
Read full case study
Client Background
A prominent UAE-based trading company specializing in raw materials for various industries—including FMCG, pharmaceuticals, and construction—faced significant challenges in managing its international payments. The company needed to transfer 10 million AED from a supplier overseas to ensure timely deliveries for ongoing projects.
The Challenge
The finance team began negotiations with their existing banks to facilitate this large transfer. However, the process was cumbersome, with slow response times and uncompetitive exchange rates leading to potentially high costs for the transaction. The team realized that they needed a more efficient solution to manage this critical payment.
The Solution
Hubpay’s Corporate FX Platform
At the right moment, Hubpay’s outreach connected them with the finance team. After assessing their requirements, Hubpay's team identified that they could facilitate the payment with competitive rates and transparent pricing. The company discovered that using Hubpay could save them 25,000 AED on the transfer.
The Results
Once the management approved the onboarding with Hubpay, the finance team worked closely with Hubpay’s Sales and FX teams over a span of 4 weeks to facilitate the full transfer of 10 million AED. The process was smooth and efficient, ensuring timely delivery of essential raw materials.
Key Takeaways
Savings: 25,000 AED saved with competitive rates.
Volume: 10 million AED successfully transferred to suppliers.
Efficiency: A streamlined process completed in 4 weeks, with continuous support from Hubpay’s team.
Are you facing challenges with cross-border payments?
Contact us today to learn how we can help streamline your international transactions
Read full case study
Client Background
A prominent UAE-based trading company specializing in raw materials for various industries—including FMCG, pharmaceuticals, and construction—faced significant challenges in managing its international payments. The company needed to transfer 10 million AED from a supplier overseas to ensure timely deliveries for ongoing projects.
The Challenge
The finance team began negotiations with their existing banks to facilitate this large transfer. However, the process was cumbersome, with slow response times and uncompetitive exchange rates leading to potentially high costs for the transaction. The team realized that they needed a more efficient solution to manage this critical payment.
The Solution
Hubpay’s Corporate FX Platform
At the right moment, Hubpay’s outreach connected them with the finance team. After assessing their requirements, Hubpay's team identified that they could facilitate the payment with competitive rates and transparent pricing. The company discovered that using Hubpay could save them 25,000 AED on the transfer.
The Results
Once the management approved the onboarding with Hubpay, the finance team worked closely with Hubpay’s Sales and FX teams over a span of 4 weeks to facilitate the full transfer of 10 million AED. The process was smooth and efficient, ensuring timely delivery of essential raw materials.
Key Takeaways
Savings: 25,000 AED saved with competitive rates.
Volume: 10 million AED successfully transferred to suppliers.
Efficiency: A streamlined process completed in 4 weeks, with continuous support from Hubpay’s team.
Are you facing challenges with cross-border payments?
Contact us today to learn how we can help streamline your international transactions
Read full case study
Hubpay can help you save on forex charges with our FX solutions
Set up your multi currency account with us and overcome your largest trade obstacle - finances.
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Any questions? We've got answers
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How can Hubpay help agrocommodities traders manage multi-currency transactions?
Hubpay provides a corporate FX platform that facilitates seamless multi- currency payments to global suppliers. This helps mitigate currency risks and ensures timely payments, enhancing your operational efficiency in international trade.
How can Hubpay help agrocommodities traders manage multi-currency transactions?
Hubpay provides a corporate FX platform that facilitates seamless multi- currency payments to global suppliers. This helps mitigate currency risks and ensures timely payments, enhancing your operational efficiency in international trade.
How can Hubpay help agrocommodities traders manage multi-currency transactions?
Hubpay provides a corporate FX platform that facilitates seamless multi- currency payments to global suppliers. This helps mitigate currency risks and ensures timely payments, enhancing your operational efficiency in international trade.
What features does Hubpay offer to reduce currency volatility?
With Hubpay, you can lock in competitive exchange rates for high-value commodity purchases. This allows you to mitigate the impact of currency fluctuations and maintain stable costs in your trading operations.
What features does Hubpay offer to reduce currency volatility?
With Hubpay, you can lock in competitive exchange rates for high-value commodity purchases. This allows you to mitigate the impact of currency fluctuations and maintain stable costs in your trading operations.
What features does Hubpay offer to reduce currency volatility?
With Hubpay, you can lock in competitive exchange rates for high-value commodity purchases. This allows you to mitigate the impact of currency fluctuations and maintain stable costs in your trading operations.
Can I set up scheduled payments for my suppliers?
Yes, Hubpay enables you to schedule regular payments for recurring trade cycles. This ensures your transactions remain consistent, even amid fluctuating market conditions.
Can I set up scheduled payments for my suppliers?
Yes, Hubpay enables you to schedule regular payments for recurring trade cycles. This ensures your transactions remain consistent, even amid fluctuating market conditions.
Can I set up scheduled payments for my suppliers?
Yes, Hubpay enables you to schedule regular payments for recurring trade cycles. This ensures your transactions remain consistent, even amid fluctuating market conditions.
How does Hubpay support financial reporting and reconciliation?
Hubpay integrates seamlessly with your existing financial systems, automating the reconciliation of multi-currency transactions. You can generate accurate financial reports with detailed currency data for better forecasting and planning.
How does Hubpay support financial reporting and reconciliation?
Hubpay integrates seamlessly with your existing financial systems, automating the reconciliation of multi-currency transactions. You can generate accurate financial reports with detailed currency data for better forecasting and planning.
How does Hubpay support financial reporting and reconciliation?
Hubpay integrates seamlessly with your existing financial systems, automating the reconciliation of multi-currency transactions. You can generate accurate financial reports with detailed currency data for better forecasting and planning.
Is it possible to customize approval processes for currency transactions?
Absolutely! Hubpay allows you to implement multi-step approval processes for key currency trades, ensuring that every transaction is aligned with your business strategy and meets your internal controls.
Is it possible to customize approval processes for currency transactions?
Absolutely! Hubpay allows you to implement multi-step approval processes for key currency trades, ensuring that every transaction is aligned with your business strategy and meets your internal controls.
Is it possible to customize approval processes for currency transactions?
Absolutely! Hubpay allows you to implement multi-step approval processes for key currency trades, ensuring that every transaction is aligned with your business strategy and meets your internal controls.
Have more questions?
From anything to everything, get in touch with our support team
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Optimise your cross-border payments with Corporate FX news
