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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.

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Walk Through Transfermate

Background

Elements Global Services is an award-winning HR technology and services company. The company provides employment solutions in 135+ countries, offering everything from payroll to visa mobility services. Their Direct Employer of Record model enables businesses to expand, onboard, manage, and pay employees worldwide.

Challenge

The Elements Global Services team were dissatisfied with their solution for making global payroll payments, as it was resulting in unexpected bank charges and untimely payments. They began searching for a solution that would help eliminate administrative burden and make their international money movement more transparent and time efficient.

Solution

Using TransferMate’s global payments solution, Elements Global Services can now make payments to 162 countries in 134 currencies. International payments are faster and unexpected handling fees and bank charges are eliminated by bypassing the traditional banking system. Best of all, the team at Elements Global Services are saving administrative time and costs by simplifying their international payments process.

Notification

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