3 Ways To Take Charge Of Your Currency Strategies With SUNRATE

In Singapore’s dynamic business environment, currency exchange is more than a routine transaction — it's a critical part of managing global operations. Whether you’re paying overseas vendors, collecting funds from international customers, or settling cross-border payroll, inefficient FX processes can lead to costly mistakes: unfavourable exchange rates, hidden fees, and settlement delays. 

For growing businesses, these challenges can quietly chip away at margins. But with the right approach and tools, foreign exchange can become an area of strategic advantage. 

Here are three effective FX strategies — and how SUNRATE’s global payment infrastructure can help you put them into practice. 

Strategy #1: Settle in Multiple Currencies with SUNRATE’s Multi-Currency Commercial Cards 

For businesses engaged in international trade, exchange rate volatility and FX fees can significantly impact overall costs. A practical way to manage this exposure is by spending the appropriate currency balance without having to convert funds. With SUNRATE’s Multi-Currency Commercial Cards, you gain the flexibility to do exactly that. 

Our cards support direct settlement in 16 currencies (as of August 2025), including USD, EUR, GBP, HKD, and CNH. This means you can pay in local currency without immediate conversion to your base currency, helping you avoid unnecessary FX charges and reduce the risks associated with fluctuating exchange rates. This not only improves transaction speed and cash flow but also supports better integration with global e-commerce platforms and partners — especially those that require local bank accounts for settlement. 

Strategy #2: Mitigating FX Risk with Scheduled Transfers  

Beyond enabling fast, cost-effective payments in over 130 currencies across more than 180 countries and regions—all from a single, unified dashboard—SUNRATE helps businesses optimise their global payment operations with ease and precision. 

Whether you're paying suppliers in Europe, disbursing salaries across Asia and the Middle East, or funding operations in the US, SUNRATE supports cost efficiency while enhancing operational agility. 

However, in today’s dynamic financial landscape, foreign exchange (FX) rates are constantly in flux—shaped by many factors ranging from geopolitical developments to central bank policies. This volatility can create challenges for international transactions, particularly when there’s a gap between agreeing to a transaction and settling it, which may span from a month to even half a year. 

To help businesses navigate these uncertainties, SUNRATE’s Scheduled Transfer function offers a practical solution. By allowing users to lock in the current exchange rate for future transfers, this feature provides valuable protection against FX fluctuations. It brings predictability to cross-border payments, enabling businesses to maintain tighter control over costs and improve their financial planning with confidence.

Strategy #3: Hedge Intelligently with Flexible FX Tools 

Managing foreign exchange risk is essential in today’s fast-changing currency markets — especially when operating across multiple geographies. Licensed with the Capital Markets Licence from the Monetary Authority of Singapore, SUNRATE offers a comprehensive suite of FX risk management solutions tailored to meet the needs of businesses that operate internationally. With SUNRATE’s FX solutions, businesses will be safeguarded against fluctuating exchange rates with tailored hedging tools including FX forwards, FX options and structured products, ensuring stability in cash flows.  

By gaining access to powerful tools that go beyond simple FX spot conversions, SUNRATE’s FX solutions can also help businesses manage costs, streamline payments, and plan with greater confidence. 

Our platform supports over 130 currencies, including both G10 and emerging market currencies, allowing you to manage a wide range of global expenses with precision. 

To help you take control of your FX exposure, SUNRATE offers: 

• Real-time spot trades for immediate conversions at competitive market rates. 

• FX orders can automatically convert currency if the spot exchange rate reaches the level selected. 

• Forward outright to lock in exchange rates for future transactions, ensuring greater cost predictability.  

• Non-deliverable forwards (NDFs) for hedging against FX risks derived from restricted currency fluctuations.  

• Window forwards to lock an exchange rate for a fixed settlement period in the future. 

• Structured products for tailored hedging strategies which address unique FX risk management challenges with SUNRATE’s experienced professionals. 

By adopting the right strategies and tools, businesses can transform foreign exchange from a source of risk into a competitive advantage. SUNRATE’s comprehensive global payment infrastructure, multi-currency solutions, and advanced FX tools are designed to give you greater control, predictability, and efficiency in managing cross-border operations. 

To get started and partner with a solutions provider that can help your business optimise payments and help you scale both locally and globally, open a SUNRATE account today or contact our sales team.