Rate Checker

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 provide employment solutions in 135+ countries, providing HR, payroll, benefits, local compliance and visa mobility services. Their Direct Employer of Record model enables companies to expand, on-board, manage and pay employees worldwide

Challenge

As a global payroll service provider, Elements Global Services needs to ensure that their international money movement is implemented in a transparent and timely manner with little administrative burden on their staff.Their existing payroll solutions presented significant challenges in terms of unexpected bank charges along the way and timing of the payments.

Solution

TransferMate presented their globally regulated end-to-end payments technology solution to Elements Global Services. This ensured that their clients worldwide received accurate payments on time, eliminating the traditional interbank system.

Notification

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