Rate Checker

The following rates are interbank rates. This is the rate at which banks buy and sell money from each other. These rates are not available to private individuals or small to medium companies. They are therefore provided for indicative purposes only. For a quote please phone our team.

The way you process B2B payments matters. To keep your company thriving, you need a fast, reliable method for collecting payments and reconciling invoices. TransferMate’s receivables solution works in conjunction with your ERP and accounting software to automate accounts receivable, reduce debtor days and improve cash flow.



Receiving money from overseas can cause delays, incur handling fees, and cause a lot of complexity when reconciling invoices. Very often, the funds received do not match the invoiced amount. What does this mean for a business?

Longer Debtor Days

Delays receiving funds impact cash flow and lead to longer debtor days

Unexpected Bank Charges

Fees charged by intermediary banks to receive international payments mean the amount billed often does not equal the amount received

Time-consuming Administration

Accounts receivables teams spend a huge amount of time trying to track and trace payments, missing reference numbers and mismatched funds


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How it Works

How it Works

See how TransferMate’s receivables solution simplifies accounts receivables and mass collections.

The Traditional Way

  • Time delays
  • Multiple parties in critical path 
  • Handling fees
  • Reconciliation issues

The Transfermate Way

  • Same-day, next-day transfers
  • Transparent pricing
  • Zero international wire fees
  • Amount billed = amount received 

Upload one file to request up to 10,000 payments at once in multiple currencies


Savings Calculator

Calculate how much you could save with Transfermate Global Receivables





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Customer Benefits

Customer Benefits


Don’t just take our word for it



  • 1. Who uses TransferMate’s global receivables facility?

    Our mass receivables solution is particularly suited to businesses with significant volumes of receivables in foreign currencies, offering highly competitive FX rates with no sender or receiver fees and the option of billing in the business’s domestic currency or that of its customer.

  • 2. How do I sign up to TransferMate?

    Sign up and register as a new client and complete the application form on our website.

  • 3. Can I track the progress of my payments?

    Track all transaction history, beneficiary details, payment status, value dates and more using our 24 hour online system. Alternatively, our 24 hour customer service team can provide this information to you.

  • 4. How long does a transaction take?

    Once we receive your payment into our account in your country, we make payment on the same day from our account to your beneficiary in their country.

  • 5. Is there a cost involved in using this service?

    There are no fees in having a TransferMate account, no fees on all standard foreign exchange payments transfer and no fees for our mass payment solution.

  • 6. Can I integrate this solution with my existing accounting software?

    Yes! TransferMate offer a range of apps that integrates our solutions into your existing accountancy software and treasury systems. Integration is seamless, with apps currently available for SAP, Sage, QuickBooks and MYOB. Our API solution can also be custom build to suit your internal system saving huge amounts of time on reconciliation and general admin tasks.

  • 7. Is TransferMate secure?

    Global regulation has allowed us to build our own secure banking network, providing our clients with a completely transparent end to end solution

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Use bulk payments to make up to 5,000 payments to employees or partners with a single click