Brex card
Brex operates in USD, but that doesn’t prevent you from using your Brex card when making foreign transactions.
When you transact in a different currency, we use Mastercard foreign exchange rates to calculate the US dollar amount of your purchase. This allows you to spend in over 200 different countries worldwide.
Brex Cash
We aren’t able to convert currencies for transfers to and from your Brex Cash account. For that reason, we only allow you to initiate transfers in USD.
Note: When sending an international wire, you might see it arrive in a foreign currency. This conversion is done by the recipient bank once the transfer leaves Brex and our partner bank.
Brex card
Brex operates in USD, but that doesn’t prevent you from using your Brex card when making foreign transactions.
When you transact in a different currency, we use Mastercard foreign exchange rates to calculate the US dollar amount of your purchase. This allows you to spend in over 200 different countries worldwide.
Brex Cash
We aren’t able to convert currencies for transfers to and from your Brex Cash account. For that reason, we only allow you to initiate transfers in USD.
Note: When sending an international wire, you might see it arrive in a foreign currency. This conversion is done by the recipient bank once the transfer leaves Brex and our partner bank.
Reimbursements
Global employees can see both reimbursements and card expenses in the original currency that the purchase was made in by going to Your wallet in their dashboard, or by clicking the expense in the Expenses page or in the Budgets details page.
Managers and controllers can view expenses by going to Inbox and either Expenses or Reimbursements > All expenses. They will see transactions in both USD and the original currency.
Budgets and budget programs
You can create both budgets in USD or non-USD, though they can only have one currency. In order to set a budget as non-USD, you’ll need to create an expense policy in a given currency in order to provision budgets in that currency. For instructions, read How can I create and manage policies?.
A budget in a given currency can support expenses in other currencies, as well. For example, a EUR budget can still support transactions in USD. Expenses in that budget will show both the Eeuro amount and the USD amount. For these transactions, the policy will be evaluated based on the currency exchange rate at the time of transaction. Budget limits do not fluctuate with exchange rates—they are set and fixed in their local currency.
Budget programs, too, can operate in either USD or non-USD. Like with budgets, you’ll also need an expense currency in the same currency as that of the budget program.