Spendesk now offers you the ability to pay your international invoices directly from the Spendesk product, allowing you to centralise your invoice payments (and expense claims on a later stage) in one single tool. To enable that, Spendesk has partnered with Wise, a worldwide payment service provider offering global payments infrastructure for banks and enterprises. This partnership with Wise allows Spendesk to natively embed the international wire transfer capability into the platform for a seamless and fully integrated invoice payment experience.

Note: available to customers with € wallets only.

To pay your international invoice from Spendesk, there are a few pre-requisites:

If wiretransfers are not already enabled, you need to go through these steps to activate the feature.

Activating wiretransfers will allow you to not only pay your domestic invoices but also your international ones within the platform.

Disclaimer: As the transfers are planned for a future date and the FX rate is updated each 30min, the final FX rate and thus outgoing amount might slightly vary.

Paid invoices move to the All expenses > All Payments tab.

To check the invoice payment details:

Our partnership with Wise offers you the ability to pay your invoices via local banking schemes, in addition to the SWIFT scheme. Wise has built extensive partnerships with both local banking systems

Paying via local routes is a much faster and cheaper solution than paying via SWIFT. The main differences involve:

Spendesk supports up to 31 currencies and 71 countries

The fees that will be applied for each transfer are described in the tables below. We distinguish between:

A: At this time, you can only approve transfers from the desktop version of Spendesk (via browser, whether on PC or mobile).

A: Spendesk (via Spendesk Financial Services) is a regulated entity with an ACPR-issued Payment Institution license. Our integration with Wise, which also is a recognized regulated institution, is set up so that all transfers are performed using our own license, ensuring that the same regulatory obligations apply for both euro and foreign currency transfers. We adhere to the strict regulatory requirements of France and the Eurozone.

Yes, thanks to a new safeguarding agreement, the FGDR (French Deposit Guarantee Scheme) applies individually to each of our clients, not just to our regulated entity as a whole. This means your funds are protected in line with the FGDR rules.

A: Incorrect details can lead to failed transfers. Always double-check information.

If a transfer is sent to an incorrect beneficiary account (i.e., a typo in the account number or IBAN), the recipient bank will not recognize the account and will return the funds to you. In that case, you will be reimbursed automatically for the failed transfer.

If you realize an error after initiating a transfer, please contact the support as soon as possible.

A: To activate the feature, make sure you have provided the additional information requested (UBOs and directors’ country of residence). Once these are provided, the feature will be accessible. You simply need to have an eligible international invoice in the schedule phase and fill out the recipient form to enable the option “Pay from Spendesk”.

A: No hidden fees except for SWIFT transfer type, even through not systematic as it depends on the number of intermediary banks involved. Please be aware that this is not under our control, as we don’t have visibility over which intermediary bank is involved in the process and how much do they charge for the transfer.

A: You can track the status of your transfer in the Invoices > History or in All expenses section of your Spendesk dashboard. In the History page, you can open the payment detail and check the precise delivery time.

By following these steps and guidelines, you can efficiently manage international wire transfers within Spendesk, ensuring your global financial operations are both secure and smooth.