Stop letting FX eat your margins
By the time you settle a supplier payment, the FX cost is already baked in. Shift how you manage FX, payments and cash flow with Sokin.
Global payments, built for electronics distributors
Empower your finance team with a single platform for global supplier payments. Enjoy faster transfers, competitive FX rates, and clearer visibility across balances and payment activity.
Run cross-border payments with confidence
Protect margins on every trade
Whether you're importing from Asia in USD or buying across borders in EUR and GBP, FX costs can put pressure on already tight margins. Clear pricing and multi-currency accounts help you retain greater control over payment costs.
Keep payment runs moving
On-time supplier payments help keep shipments moving and relationships strong. Send payments across 70+ currencies1 using local and international payment routes, with local routes available where supported.
Simplify multi-currency operations
Managing payments across currencies, and systems can slow finance teams down. Sokin brings global payments, multi-currency accounts, cash visibility, and accounting integrations together in one platform.
Global supplier payments, simplified
Buying and selling across borders requires reliable payments across currencies, time zones, and continents. Sokin simplifies the entire process with a single platform that can hold, send and receive in multiple currencies.
- Simplify global transfers Send payments across 70+ currencies to 170+ destinations1 from one account. Use Sokin Direct for instant transfers between Sokin accounts, with same-day payments available in selected key markets.
- Receive international funds Accept payments from partners worldwide and hold funds in up to 26 currencies, with a single view of global cash positions across multiple currencies.
- Automate bulk payments Upload up to 5,000 payments at once, with the ability to integrate with your accounting software.
Access local payment methods in foreign countries
Make international supplier payments through available local routes, with clearer costs and a familiar payment experience for recipients.
- Eliminate the need for wires Skip the delays and high fees of traditional wire transfers. Send money through select local payment networks.
- Save on international payments Cut costs on global transactions. No unnecessary intermediaries, just more affordable payments.
- Grow your idle balances Make your money work harder with Balance Boost, helping you grow eligible balances.
Built for your trust
Your funds are always safeguarded
We keep your funds segregated from our own and place them with reputable banking partners, giving you confidence that your money is protected.
We're licensed throughout the globe
We operate under a global suite of licenses and regulatory approvals, meeting strict standards wherever you do business. See our full regulatory details here.
Bank-grade security protects your account
We've built our infrastructure to meet bank-grade security standards and advanced threat protection, so you can focus on growing your business. View our Trust Centre.
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