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Walk Through Transfermate

Background

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.

Challenge

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.

Solution

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

Notification

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