Herring Bank has partnered with TransferMate to simplify the international student payment experience for universities they work with. Using branded payment portals, the solutions means faster, more cost-effective, and smarter international student payments.
The payment portal for each university makes life easy for international students.
Watch a typical journey of a student making a payment.
Students pay through an intuitive payment portal, receiving live FX rates, flexible payment methods, multi-lingual customer service, and real-time payment updates.
Every payment portal is fully branded for each university, helping to build trust with the students and deliver a unified payment experience.
TransferMate eliminate all wire fees, as well as deliver market-leading FX rates, resulting in cost-effective and accurate payments.
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Every payment is matched to the right student, automating the reconciliation process. A unified dashboard means all university finance teams know the status of each payment.
All incoming payments are screened and move through a fully regulated network. Refunds are sent back to the originating account, with full compliance support.
