URL: /baas/corex/features/sct09-multi-currency

---
title: "SCT09 - Multi-Currency Financial Operation"
description: "Support for operations across multiple currencies with exchange capabilities"
---

# SCT09 - Multi-Currency Financial Operation

Support for operations across multiple currencies with exchange capabilities, enabling global financial services.

## Overview

This capability enables your platform to operate across multiple currencies, providing foreign exchange services, multi-currency accounts, and international payment processing.

## Features

| Feature | Description |
|---------|-------------|
| **Multi-Currency Accounts** | Hold balances in multiple currencies |
| **Foreign Exchange** | Real-time currency conversion |
| **International Payments** | Cross-border payment processing |
| **FX Reporting** | Currency conversion reporting |
| **Exchange Rate Management** | Competitive rate sourcing |

## Supported Currencies

### Major Currencies
- USD, EUR, GBP, JPY, CHF, CAD, AUD, NZD

### European Currencies
- SEK, NOK, DKK, PLN, CZK, HUF, RON, BGN

### Asian Currencies
- CNY, HKD, SGD, INR, THB, MYR, IDR, PHP

### Other Currencies
- AED, SAR, ZAR, BRL, MXN, and 100+ more

## Configuration Options

| Level | Currencies | Features |
|-------|------------|----------|
| **Basic** | Major currencies only (8) | Standard FX rates |
| **Standard** | Extended (30+) | Competitive rates, FX reporting |
| **Advanced** | Global (100+) | Real-time FX, rate locking |

## Currency Conversion Flow

```mermaid
sequenceDiagram
    participant Customer
    participant Platform
    participant FX Engine
    participant Payment Rail
    
    Customer->>Platform: Request Transfer (EUR to USD)
    Platform->>FX Engine: Get Exchange Rate
    FX Engine->>Platform: Quote (1.0850)
    Platform->>Customer: Display Rate & Fees
    Customer->>Platform: Confirm
    Platform->>FX Engine: Lock Rate
    Platform->>Payment Rail: Process Transfer
    Payment Rail->>Platform: Confirmation
    Platform->>Customer: Transfer Complete
```

## FX Rate Types

| Type | Description | Use Case |
|------|-------------|----------|
| **Spot Rate** | Current market rate | Immediate conversions |
| **Locked Rate** | Fixed rate for period | Large transactions |
| **Forward Rate** | Future date rate | Planned transfers |

## Multi-Currency Account Features

- **Single Account, Multiple Currencies**: Hold balances in different currencies
- **Auto-Conversion**: Automatic conversion for payments
- **Currency Preference**: Default currency settings
- **Balance View**: Unified or per-currency balance view

## Integration with Other Capabilities

| Capability | Integration |
|------------|-------------|
| **SCT03 - Country of Operation** | Available currencies per country |
| **SCT04 - Instant Payment** | Cross-currency instant transfers |
| **SCT12 - Financial Network** | International payment rails |

## Subscription Tier Availability

| Tier | Configuration Level |
|------|---------------------|
| Starter | Not included |
| Professional | Standard |
| Enterprise | Advanced |
| Custom | Configurable |