Release Notes Global Collection

Release Notes: Upgraded Account Management Features, Broader Collection Capabilities & More

SUNRATE

2025/07/22

We’re pleased to introduce the newest platform updates, designed to streamline account management and broaden your global collection options. From downloadable transaction statements to new banking partners in the US and Nigeria, these improvements offer greater flexibility, transparency, and control. Here’s a quick overview of the key enhancements which are available now. 

 

01: Download account and card statements with ease 

SUNRATE clients can now conveniently download account transaction statements and card settlement documents directly from the client portal, providing greater transparency and ease of record-keeping.  

 

 

02: Apply for US Collection Accounts with more banking options 

Applications for US collection accounts now support more banking options. This addition extends coverage across a wide range of platforms, including Amazon, Amazon VC, eBay, TikTok, Wayfair, Etsy, TEMU, SHEIN, and other major e-commerce marketplaces—as well as independent sites powered by Shopify, Shoplazza, Shopline, WooCommerce, and more. 

 

 

03: Link settlement documents to collection orders (Professional version) 
SUNRATE clients can now specify whether foreign exchange settlement is required when creating a collection order. If B2B Goods Trade is selected, the order can subsequently be linked to a corresponding settlement document. 

For clients in Mainland of China, collection orders can be directly associated with settlement documents.

Additionally, multiple settlements can be created and linked, provided they fall within the foreign exchange quota allocated to the order.

 

 

04: Activate Nigerian Collection Accounts with additional banking options 
In Nigeria, businesses can now apply for a B2B collection account with more local banking options.  

Please note: Only one Nigerian collection account can be active at any given time. 

 

 

As SUNRATE continues to innovate, these latest enhancements are part of our ongoing commitment to helping businesses navigate cross-border payments with greater ease, flexibility, and control. Whether you're streamlining internal operations or scaling across new markets, our enhanced platform features are built to support your success every step of the way. 

 

 

Ready to explore these new features? Get in touch with us today, and we’ll connect you with our team to find the best solutions for your business.

 

Share to

Recommended reading

Agentic AI B2B Payments

Tips on Scaling B2B Payment Operations with AI-Led Precision

The Moment Your Payment Operations Stop Scaling With You   Picture this: your business has just expanded into three new markets, transaction volumes have doubled, and your finance team is working longer hours than ever.   Yet payments are slower, errors are higher, and supplier relationships are under strain. Reconciliation backlogs stretch into the next […]

Read more
FX Management Treasury Solutions

The Role of FX in Global Pricing and Profitability

For businesses operating internationally, foreign exchange (FX) is no longer just a treasury concern handled in the background. Increasingly, it plays a direct role in pricing strategy, profit margins, liquidity management and long-term growth.    In today’s volatile economic environment, understanding FX is becoming essential not only for treasury teams, but also for finance leaders, operations teams and businesses […]

Read more
Global Payment

Digital Wallets vs. Bank Transfers: What’s Next for Global Payments? 

For decades, bank transfers have formed the backbone of international payments. Businesses relied on banking networks to move funds across borders, settle supplier invoices, manage treasury operations and support global trade. Today, however, the landscape of payments is evolving rapidly.   Digital wallets are becoming increasingly mainstream across both consumer and business ecosystems, driven by growing demand for faster, more seamless and […]

Read more

We hope to use cookies to better understand your use of this website. This will help improve your future experience of accessing this website. For detailed information on the use of cookies and how to revoke or manage your consent, please refer to our < privacy policy >. If you click the confirmation button on the right, you will be deemed to have agreed to use cookies.