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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

immedis is a purpose-built payroll platform capable of addressing payroll needs in 150 countries worldwide. Consolidate and streamline payroll with a single dashboard view, giving them full transparency across global operations. Track, manage and report at a company level and drill down into country level detail.

Challenge

Every global payroll service provider needs to ensure that local employees receive the right amount of pay on time.

immedis provides an aggregated technology interface to its clients to manage all aspects of their global payroll, through to payment.

Utilising the traditional SWIFT interbank system presented significant unpredictability in terms of timing of the payments, inaccurate amounts due to handling fees deducted along the way, etc.

Solution

TransferMate presented a globally regulated end-to-end proprietary payments technology solution that could eliminate the traditional interbank system, thereby ensuring payments reached their clients’ staff on time and the exact amount due.

Notification

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

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