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.


Best price assured for bank transfers

If Students find a better rate within 2 hours, we’ll match it.

Terms & Conditions Apply

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TransferMate offers a complete solution to educational institutions managing incoming and outgoing payments, both domestic and international. With no fees or set up costs, preferential exchange rates and lower admin costs, you and your students can make significant savings on admin time and bank charges worldwide.



For Students
  • Pay via bank transfer or credit card
  • Safe and secure 
  • Local transfers in own currency – eliminate bank transfer fees
  • Preferential FX rates
  • Faster payment processing
  • 24/7 customer service and online tracking of payments
For College / Student Accommodation
  • Receive international payments within 48 hours
  • Fully referenced payments for instant reconciliation
  • Eliminate international receiving transfer fees
  • Back-end system with full payment history
  • Integration with a number of management software systems
  • 24/7 customer service and online tracking of payments
For Agents
  • International bank transfer fees eliminated
  • Preferential exchange rates
  • Bulk payment facility – one local transfer to cover multiple payments
  • Receive your commission payments faster
  • Process your student refunds faster
  • No set-up or service charge

Savings Calculator

Calculate how much you could save with Transfermate?

By saving on international bank charges and giving your students an easy way to pay, you can save substantially every year on cross-border tuition transfers.

Your results

50% of Students Pay by Credit Card

Tuition fee:USD 20,000
Total fees:USD 8,000,000
Merchant fee @ 2% Total:USD 160,000

50% of Students Pay by Wire Transfer

Bank Fee per payment:USD 13.00
Bank Fees Total:USD 5,200
Your college could make a
Total Saving of $165,200
on fees alone by using TransferMate as the chosen method of payment instead.
A student paying in Euro could
Save €427.32
per fee payment. (Better exchange rate and no bank fees)

*Indicative fees and exchange rates used for example savings only.

Payment Platforms

Payment Platforms

TransferMate offers three different payment platforms to suit your organisation’s needs.

1. Customised Payment Portal

Our customised payment portal is hosted by TransferMate on our domain. We can customise the portal with your institute’s own logo and tailored payment fields.

2. White Label embedded iFrame

Our iFrame option allows you to host the TransferMate payment portal on your website for a seamless payments experience.

3. API/Integrated Platforms

Full or semi-integration into many management systems for enhanced user experience

3 Step Process

3 Step Process

01 – Secure Online Registration

The sender registers on the secure TransferMate domain and enters their payment details.

02 – Preferential exchange rates

The sender receives the exchange rate for that day (valid for 48 hours) and makes payment into the TransferMate bank account in their home country in their local currency.

03 – Fast & secure transfers

Once funds are received, payment is immediately transferred to the beneficiary’s account from the local TransferMate account in their home country.

Multi-Currency Credit Card

  • TransferMate supports 90+ currencies with our multi-currency credit card solution
  • Eliminate all merchant fees for clients
  • Ensure 100% of credit card payments are received
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Safe & Secure

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Don’t Just Take our word For it

Student Education

“It’s a fantastic initiative. It’s very simple to use, and reduces the complexity of trying to pay through my bank.”

TransferMate allows you to collect tuition payments in full and without delay, while saving money on international fees and accessing preferential exchange rates.

Next Up

Global Payroll

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Ready to get started?

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