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.

Procure to Pay

Procure-to-Pay

Seamlessly manage mass payments, automate invoice reconciliation and have full transparency on your payments lifecycle.

Procure to Pay Challenges

Challenges

Managing international payments, reconciling invoices & dealing with local regulations can cause huge headaches. How do you manage this?

Longer Debtor Days

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

Fraud & Compliance

International funds transfers expose organisations to fraud and compliance risks, which not only have a short-term financial impact but potentially far greater reputational challenges.

Visibility Over Funds Flow

Paying from multiple accounts to multiple suppliers based in different countries causes problems with real time data visibility. What funds are going where?

Managing Costs

International buying involves large transactions associated with high costs including rising costs of transactions and increased FX exposure

Time-Consuming Administration

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

Technology

DIGITAL PAYMENTS

TransferMate enables organisations to automate and digitize their entire payments process.

Our unique solution provides finance teams with a single interface that improves access control and visibility over spending, helping better manage company cashflow.

TransferMate makes it easy to send digital payments to suppliers, create and execute batch payments across different channels to reduce admin, eliminate errors and prevent fraud.

Global Footprint

Global Footprint

Unrivalled global licence & regulatory footprint
  • Make and receive payments in 162 countries and 134 currencies
  • Extensive network of local accounts helping bypass costly wire fees
  • Funds protection by excluding sanctioned countries
Flexible
Settlement Options

BENEFITS

SECURITY & REGULATIONS

SECURITY & REGULATIONS

Learn more

Don’t Just Take Our Word for it

Coupa Financial Coupa

“We are pleased to partner with TransferMate to create a simpler way for businesses to manage payments processes. By integrating with Coupa Pay, companies can now manage payments seamlessly, so everyone is spending and paying smarter..”

 

SAP Concur Financial SAP Concur Testimonial

Taking something complex and make it look simple, that’s where you can help customers.

 

Wells Fargo FINANCIAL Wells Fargo

“Collaborating with a leading fintech like TransferMate to bring Global Invoice ConnectSM to market is a powerful demonstration of how partnership and collaborative design can result in real value for customers by significantly reducing the costs and complexities associated with managing international receivables.”

 

 

 

TransferMate offers an unrivalled global licence and regulatory footprint, ensuring funds are moved securely and compliantly but also quickly, with same day money transfer part of the TransferMate solution.

Next Up

Banking

Learn more
Notification

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