Making International FX Payments

paying bills with international fx payments the current list of available countries for international wires are as follows countries available australia austria belgium brazil canada china columbia czech republic denmark estonia france germany greece hong kong india indonesia ireland israel italy japan korea luxembourg mexico netherlands new zealand norway philippines poland portugal singapore south africa spain sweden switzerland thailand turkey united arab emirates united kingdom more information can be found about country specific requirements here step 1 go to international fx payments go to cnb → payments → international fx payments step 2 select vendor and currency you will arrive at a page that will display vendor bills select your vendor and their currency in order to begin seeing bills step 3 choose the bills you wish to pay once a vendor and currency has been defined, the bills table will load in with results check the boxes next to the vendor bills you wish to pay and select pay step 4 select the source account select the source account you wish to use to make the payments using the dropdown menu all bills selected will be paid from the same source account step 5 select your exchange rate select regular fx rate or use a trade control number if you use a tcn, input the number and assigned fx rate in the fields shown step 6 confirm payment confirm the payment information is correct and click send payment step 7 wait for confirmation a confirmation banner will appear at the top of the screen to indicate the payment has been sent how to find the exchange rate on an international fx payment find the exchange rate and the amount paid in usd on an fx payment bill step 1 go to the bill history tab go to cnb → payments → history step 2 select a bill to view find a bill you have paid with the international fx payments module select view step 3 view amount paid in usd to see how much was paid in usd (or the currency of the source account used to pay the bill), click on the history , and then payments sub tabs on the bill record there will be a bill payment listed with an amount, which is in the above example is in usd the exchange rate seen on the bill record was calculated by netsuite and was not the same bank provided rate used in the fx rate calculation for the payment step 4 view the exchange rate used on the bill to view the exchange rate used on this bill, select the bill payment link under date the bill payment record here displays the bill invoice amount in the original currency on the bill the exchange rate listed is the actual bank provided fx rate that was applied when processing the vendor bill payment