Payables & Receivables
Why do so many businesses ignore receivables?
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Everything you need to pay, receive and move money globally – all on one platform.
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Pay into 200+ countries and territories using low-cost local payment rails on the foundation of 92 licenses and counting.
Generate and send multi-currency invoices across the world and get paid directly into your accounts ensuring the amount you bill is always the amount you receive.
Multi-currency virtual accounts to hold, pay, and receive across the world, and easily buy and convert currencies.
TransferMate is a globally regulated entity with all client funds segregated and safeguarded. Your money is safe with us.
Pay and receive funds cost-effectively around the world based on the foundation of 92 licences - and counting.
Save on cross-border payment costs and the time spent processing payments.
We offer multiple payment options from Instant, ACH, Same Day ACH, Domestic Wire or International Wire.
All payments include reference numbers, payer names and all the data required for easy, automated reconciliation.
Automatically bill your clients in their local currency and receive the full amount in the currency of your choice.
Currency exchange rates are locked in at point of payment and when generating invoices, ensuring accurate international payments.
We’ll respond quickly to any issues and resolve them as quickly as possible – no waiting on hold with the bank.
Manage everything on one system, reducing the need for multiple banking and payment platforms.
Instantly open virtual accounts in 32 currencies with the TransferMate Platform. You can use the accounts to fund payments, receive payments, and buy and convert currencies.
Explore our video library to see how easy it is to pay, receive, and manage multiple currencies on the TransferMate Platform.
Explore our video library to see how easy it is to pay, receive, and manage multiple currencies on the TransferMate Platform.
You can also take advantage of TransferMate's capabilities through our integrations with our partnered fintech's, banks, and software providers. Contact your account manager to find out more.
If you have any questions, please reach out to our team - we're always happy to talk.
Before TransferMate, it could take 2 or 3 hours to pay 20 foreign suppliers. With TransferMate, we can get that down to 15 or 20 minutes.
“We saved £17,000 just last week on a payment by using TransferMate when compared to another provider.”
With TransferMate, we've saved around half an hour daily by having saved beneficiaries. We’d recommend TransferMate to anyone in need of reliable and efficient payment solutions.
It's increased our revenue by about 3%, purely on the savings we make on bank and credit card charges. We’ve also knocked 20 to 30% off the time that we spent processing payments.
Paying into TransferMate’s local accounts has saved us both time and administrative headaches. Even better, TransferMate’s rates are the most competitive we have found.
We’ve reduced the cost of international payment fees by 10x using the TransferMate Platform and have reduced the time spent on each payment run from a full day to a couple of hours.
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Why do so many businesses ignore receivables?
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