Monitor Foreign Currency Rates with Exchange Rate Bids
You know that small movements in foreign exchange rates can make a significant difference to your payables and receivables. Use TransferMate exchange rate bids to implement your foreign currency payments at a price point that makes sense to you. It's simple. You indicate the rate you want to execute your trade. We’ll monitor the foreign currency exchange rates for you and if the market reaches your specified rate, we’ll book your transaction.
We save you valuable company time
Many companies spend a great deal of time monitoring foreign exchange markets in order to optimize their foreign receivables and payables.. When you use TransferMate to monitor the market for you, you’ll save valuable employee time.
We are experts
You can set the desired exchange rate for your transaction, then change it at any time. Your TransferMate account representative can assist you in determining an appropriate target rate.
We execute when your bid is filled
Because you pre-authorize your account representative to proceed when the pre-determined rate is reached, you are assured of receiving the rate you want.
We’ll monitor the market for you, 24/7
Our treasury department can monitor the market for you, 24 hours a day during a specified date range, in all the currencies and locations in which we currently operate.