--- title: Scheduling FX payments description: This article explains the process of scheduling an FX (cross-currency) payment --- [Skip to content](https://help.yordex.com/scheduling-fx-transactions#main-content) English Show submenu for translations [Raise a support ticket](https://help.yordex.com/kb-tickets/new?hsLang=en) ![New logo-1.svg\]](https://help.yordex.com/hubfs/New%20logo-1.svg) Open main navigation Close main navigation - English Show submenu for translations - [Raise a support ticket](https://help.yordex.com/kb-tickets/new) - [Back to the Yordex app](https://spend.app.yordex.com/spend) [Back to the Yordex app](https://spend.app.yordex.com/spend) Welcome to the Yordex help centre! - There are no suggestions because the search field is empty. 1. [Yordex Help Centre](https://help.yordex.com/?hsLang=en) 2. [Payouts](https://help.yordex.com/payouts?hsLang=en) 3. [Other](https://help.yordex.com/payouts?hsLang=en#other) # Scheduling FX payments ## This article explains the process of scheduling an FX (cross-currency) payment Be aware, FX payment can only be scheduled if your account has been configured to allow these. Please speak with your Customer Success Manager to enable this functionality. In order to schedule an FX payment the following steps must be completed: 1. Onboard your supplier 2. Raise a PO Onboarding a supplier For any payment to be made to a supplier through Yordex, the supplier must first be onboarded. This can be done in 3 ways: 1. [From the Suppliers page](https://help.yordex.com/adding-new-suppliers?hsLang=en) 2. [Importing suppliers](https://help.yordex.com/adding-new-suppliers?hsLang=en) 3. [Supplier self-boarding](https://help.yordex.com/suppliers-providing-their-own-company-information?hsLang=en) ### Approving a supplier Once a supplier is added to Yordex they must be approved by your **Supplier Manager**. This process is essential to prevent fraud and unwanted payments. ![](https://i.gyazo.com/69fe541b646fc67c48c076c5c5853028.png) --- ![](https://i.gyazo.com/04cc065312ac3bbe051da5f818bbd685.png) If you are a supplier manager your approval process should ensure the supplier being boarded has the following information: 1. **Basic information:** Trading name, address, email (this is where remittance advice will be sent) 2. **An invoice with a matching PO** - suppliers should be added on the basis that they're to be paid. Without a matching invoice/PO the supplier details could be fraudulent. 3. **Valid bank details** (see bank details fields in the supplier page). 4. **An assigned currency** - Yordex will pay suppliers in **their **currency. This field must be set for a successful payment to be made. Once a supplier is fully onboarded they are **ready to pay**. Any changes made to the suppliers bank details after this time will require reapproval. --- Scheduling a payment FX payments - like local payouts - are created by raising a **Purchase Order** (PO) on the Spend page (for more information on POs see [this article](https://help.yordex.com/requesting-a-purchase-order-po?hsLang=en)). When raising a PO for an FX payment some basic information must be completed on the new Purchase page: 1. **Order type **- must be **Own Payment** 2. **Order currency** - should match the invoice currency 3. **Order** **amount** - should match the invoice amount 4. **Supplier** 5. **Terms** 6. **Receipt date **- payment date will be calculated as **Receipt date + Terms** 7. **Description **- this will be sent to the beneficiary bank ### Approving an order All FX POs must be approved following your [existing approval flow](https://help.yordex.com/approval-rules?hsLang=en). To configure/update this, please speak with your **Customer Success Manager.** **![](https://i.gyazo.com/2d71dc2000873b5a02314c9d753fb7d3.png)** ### **Confirming an order** To ensure no fraudulent payments are made, we also enforce the order is **Confirmed **before we make the payment. Again, this process will follow your existing confirmation configuration. This can be fully customised, so please speak with your **Customer Success Manager **to make any changes. ![](https://i.gyazo.com/52fd92663dcb93e77c47039d42955d14.png) ### What happens next? - An order is ready to be paid once the **Awaiting payment** status is shown. - According to the schedule agreed between you and your customer team, payments will be made to ensure no PO is late. - E.g. on a weekly schedule, where payment date = T, we will pay all orders to be paid until T+6 - Once the order is paid, we will complete the PO and the bank transaction will appear on your statement - [My Account](https://help.yordex.com/my-account?hsLang=en#main-content) - [Personal Details](https://help.yordex.com/my-account?hsLang=en#personal-details) - [My Cards](https://help.yordex.com/my-account?hsLang=en#my-cards) - [My Expenses](https://help.yordex.com/my-account?hsLang=en#my-expenses) - [Security](https://help.yordex.com/my-account?hsLang=en#security) - [Yordex Mobile](https://help.yordex.com/yordex-mobile?hsLang=en#main-content) - [Using the App](https://help.yordex.com/yordex-mobile?hsLang=en#using-the-app) - [Using the telephone assistant](https://help.yordex.com/yordex-mobile?hsLang=en#using-the-telephone-assistant) - [Yordex Account Setup](https://help.yordex.com/yordex-account-setup?hsLang=en#main-content) - [Account Setup](https://help.yordex.com/yordex-account-setup?hsLang=en#account-setup) - [Users](https://help.yordex.com/yordex-account-setup?hsLang=en#users) - [Credit line](https://help.yordex.com/yordex-account-setup?hsLang=en#credit-line) - [Cards](https://help.yordex.com/cards?hsLang=en#main-content) - [Cards FAQs](https://help.yordex.com/cards?hsLang=en#cards-faqs) - [Physical cards](https://help.yordex.com/cards?hsLang=en#physical-cards) - [Virtual Cards](https://help.yordex.com/cards?hsLang=en#virtual-cards) - [Ordering cards](https://help.yordex.com/cards?hsLang=en#ordering-cards) - [Topping up cards](https://help.yordex.com/cards?hsLang=en#topping-up-cards) - [Managing your account](https://help.yordex.com/cards?hsLang=en#managing-your-account) - [Your own company cards](https://help.yordex.com/cards?hsLang=en#your-own-company-cards) - [Expenses](https://help.yordex.com/expenses?hsLang=en#main-content) - [Submitting Expenses](https://help.yordex.com/expenses?hsLang=en#submitting-expenses) - [Approving Expenses](https://help.yordex.com/expenses?hsLang=en#approving-expenses) - [Managing Expenses](https://help.yordex.com/expenses?hsLang=en#managing-expenses) - [Payouts](https://help.yordex.com/payouts?hsLang=en#main-content) - [Managing payees](https://help.yordex.com/payouts?hsLang=en#managing-payees) - [Managing payouts](https://help.yordex.com/payouts?hsLang=en#managing-payouts) - [Other](https://help.yordex.com/payouts?hsLang=en#other) - [Approvals](https://help.yordex.com/approvals?hsLang=en#main-content) - [Approvals](https://help.yordex.com/approvals?hsLang=en#approvals) - [Invoices](https://help.yordex.com/invoices?hsLang=en#main-content) - [Managing Invoices](https://help.yordex.com/invoices?hsLang=en#managing-invoices) - [Submitting Invoices](https://help.yordex.com/invoices?hsLang=en#submitting-invoices) - [Accounting](https://help.yordex.com/accounting?hsLang=en#main-content) - [Xero](https://help.yordex.com/accounting?hsLang=en#xero) - [Sage 50c](https://help.yordex.com/accounting?hsLang=en#sage-50c) - [Exporting Transactions](https://help.yordex.com/accounting?hsLang=en#exporting-transactions) - [Supporting](https://help.yordex.com/supporting?hsLang=en#main-content) - [About Yordex](https://help.yordex.com/supporting?hsLang=en#about-yordex) - [Reference](https://help.yordex.com/supporting?hsLang=en#reference) - [Fields](https://help.yordex.com/supporting?hsLang=en#fields) - [Cost Allocations](https://help.yordex.com/cost-allocations?hsLang=en) - [Suppliers & Purchases](https://help.yordex.com/suppliers-purchases?hsLang=en#main-content) - [Supplier approvals](https://help.yordex.com/suppliers-purchases?hsLang=en#supplier-approvals) - [Purchases](https://help.yordex.com/suppliers-purchases?hsLang=en#purchases) - [Supplier creation](https://help.yordex.com/suppliers-purchases?hsLang=en#supplier-creation) - [Supplier Terms & Quotes](https://help.yordex.com/suppliers-purchases?hsLang=en#supplier-terms-quotes) - [Budgets and Cost Allocations](https://help.yordex.com/budgets-and-cost-allocations?hsLang=en#main-content) - [Cost Allocations](https://help.yordex.com/budgets-and-cost-allocations?hsLang=en#cost-allocations) - [API](https://help.yordex.com/api?hsLang=en) Copyright © 2026, Yordex Limited