The smarter way to send & receive business payments internationally
TransferMate Global Payments is a globally regulated, B2B payments technology, which greatly improves the international payments process for banks, companies & software partners including SAP Concur and Tradeshift. TransferMate Global Payments own one of the broadest networks of bank accounts globally and operate across 162 countries in 134 currencies. This provides businesses with a better way to send and receive international payments which is faster, more cost effective and transparent compared to the traditional correspondent banking network.
The TransferMate platform – Making International Payments
|You Send ONE Payments File Locally||We Calculate||We Send ALL Your Payments Locally|
|or we can download from your ERP.
||the total currency value & bill your local account.
||from one of our 162 local accounts & confirm receipt of payment, same day.
Faster international wire transfers with no b2b payment fees, fully integrated with your accounting and ERP systems. Corporate savings example:
|Reduced Administration||Happier Customers||Significant Savings|
|Company making 200 International Payments per month. Save an average of 7 minutes administration time X 200 payments / month = 40 admin days per year.
||Technology based solution, eliminates errors and creates happier beneficiaries.
||Save an average fee of €45 per transaction X 200 payments / month = €108,000 annually.
The TransferMate platform – Receiving International Payments
|Invoice Your Customers||In Their Country||TransferMate Pays You|
|as usual, adding in the TransferMate instruction.
||your customer makes a local transfer to the TransferMate account, avoiding international bank charges.
||from our local account in your country, same day, reconciled, with zero bank charges.
Faster and easier integrated payments for both the biller and payer. Corporate savings example:
|Reduced Administration||Significant Savings||Improved Cashflow|
|Company receiving 200 International Payments per month. Save an average 9 minutes administration time X 200 payments / month = 51 admin days per year.
||Save an average fee of €35 per transaction X 200 payments / month = €84,000 annually.
||Increase international accounts receivable cashflow by minimum = 3 business days.
TransferMate Global Payments is a globally regulated payment solution, view our regulations. Sign-up is easy and free here. Keep up to date on all recent activity and partnership announcements here.