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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.


Walk Through Transfermate


Erasmus University is located in the Netherlands in the city of Rotterdam, Erasmus University is known for its global mindset, offering the chance to join a truly international environment. The university has 5,000 international students, comprising just under 20% of the whole student body.


Erasmus University were experiencing delays in cashing their Sallie Mae cheques. It was taking 4-6 weeks for these cheques to clear, which in turn affected cash flow.


Erasmus University partnered with TransferMate and they now receive their Sallie Mae payments the next day!


Use bulk payments to make up to 10,000 payments to employees or partners with a single click