How to make domestic supplier payments in different countries?
Short answer
To make a domestic supplier payment, submit the invoice, add or confirm the supplier’s local bank details, route the bill through your approval policy, and pay from a bank account in the entity’s local currency. The payment rail depends on the country—for example, Canadian businesses commonly use EFT for local vendor payments.
What domestic supplier payments require
A domestic payment should be made by the legal entity responsible for the invoice, using a local funding account and the supplier’s local banking details. Before releasing payment, finance teams typically verify the invoice, confirm the payment amount and due date, and complete the required approval workflow.
The local payment method matters because it affects required bank details, delivery time, and fees. A finance platform should show the funding account, payment method, and payment status so AP teams can track each bill through approval and payment.
How Ramp supports domestic supplier payments
Ramp Bill Pay lets finance teams upload supplier invoices, route bills for approval, and schedule payments from the appropriate connected bank account.
For eligible Canadian businesses, Ramp Bill Pay is funded from a connected CAD bank account. Ramp uses CAD EFT for domestic vendors, sending funds directly to the supplier’s Canadian bank account without an additional payment fee. Canadian businesses can also use their CAD account to pay supported foreign-currency invoices, with Ramp handling conversion at payment.
For eligible UK entities using Ramp Enterprise, Ramp can fund vendor payments from a connected GBP bank account. A GBP account connection requires authorization of the Bacs Debit Agreement before it can be used for payments.
See how Ramp's accounts payable software works globally:
Related questions
Yes. Eligible non-US entities can pay vendors in other countries through Ramp Bill Pay when the entity has an approved local-currency funding account and the payment’s country and currency are supported. The payment is set up as an international transfer, using the vendor’s international banking details.
Read moreVendor invoices are routed based on the legal entity responsible for the purchase. Approval policies can then send each bill to the appropriate finance owner, department leader, or other approver based on the entity, invoice amount, vendor, payment type, or accounting details.
Read moreDomestic supplier-payment timing depends on the local payment rail, when the payment is approved and released, the supplier’s bank details, and bank processing days. A payment may arrive the same day or take several business days, so AP teams should use the estimated delivery date shown when scheduling the payment rather than relying on one country-wide timeline.
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