Can we reimburse employees in different currencies without having to go through a currency exchange?

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I am working with a client that has employees in different continents. I was wondering if we could use Expensify to reimburse them in their currencies that they use. I don't want it to go through a currency exchange.

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  • Sheena Trepanier
    Sheena Trepanier Expensify Team, Approved! Accountant, Expensify Student Ambassador Posts: 1,362 Expensify Team
    edited March 2021
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    Hello @JAldous_2020, thanks for posting. This isn't something currently supported through Expensify.

    We've recently added the ability to reimburse through Wise (formerly TransferWise), more on that here, but the funds convert from USD to the employee's selected currency.

    We hope to provide true reimbursement in the employee's currency in the future but it's a long term goal we're working towards as a team. We'll absolutely announce any updates about this in the Community because we'll be just as excited as our customers to support global reimbursement.

    Have a lovely day!