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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.

Background

VATAmerica is a VAT and indirect taxes recovery firm based in New Jersey, USA. The company was founded in 1993 and offers the world’s only European Tax Recovery and Exemption program dedicated to general aviation. 

Challenge

VATAmerica was sending and receiving international payments using wire transfers. This was a time-consuming and complicated process for their staff.

With high fixed fees and poor exchange rates, relying on wire transfers for global payments was also more costly than other options for international money transfers.

Solution

VATAmerica is now using TransferMate for international payments. Delayed payments have become a thing of the past for the company as TransferMate enables same-day cross-border transfers.

VATAmerica’s global payments are now fast, secure and convenient—without the high fees that banks charge.

Notification

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