TransferMate announces strategic relationship with Wells Fargo

Offering seamless payments ability to US commercial banking customers As digital interactions between individuals and companies increase and evolve globally, so does the pressure to reduce friction around the traditional borders that separate us. The international exchange of information, money, and virtually any other unit of value is creating a demand to advance technology to better adapt and enable global financial services solutions in this ever-shrinking world. TransferMate, one of the world’s leading cross-border B2B payments providers, has built a strategic relationship with Wells Fargo Bank, N.A. (“Wells Fargo”) to…

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Hungry For Savings? Find Out How To Improve Your Overseas Purchases

Hungry for savings?

Are you purchasing FMCGs overseas? Buying raw ingredients from exotic locations? Due to the perishable nature of food goods for human consumption and the ingredients involved in food production, producers and suppliers cannot afford to waste time once goods are ready to ship! Any delays in the supply chain could affect the end seller not getting their goods and can cost a lot in terms of money and time, besides supplier relationships. Having a streamlined, efficient payments process for overseas shipments of FMCGs is one way to help improve the above…

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Importing and Exporting: The Currency Problem and How To Fix It!

Importing and Exporting

The Currency Problem You might win or you might lose. Either way, you’ve got to ship! The currency problem creates a risk factor for any company importing and/or exporting. While your product is being shipped, you may be losing profits due to relative changes in currencies against the US dollar or whichever base currency is used in the country you’re in. Overseas buyers usually pay for imports in their own currency so they know exactly what they are paying, before the intermediary bank converts the funds into the local currency…

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If your business sends US Dollars to China, this article’s gonna make you smile…

Sending Money to China to Pay USD invoices

Did you know?! The team here at TransferMate assist corporate client’s everyday across the world when sending US Dollars to China. We’re all about speed: Using our online international payments platform, your business can now pay USD invoices to China fast, securely and with better USD exchange rates! rather than lengthy delays in sending funds. We’re all about savings: If you are a company sending money to China to pay USD invoices to Chinese suppliers, we can save you money on your international money transfer thanks to our better exchange…

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Global Payments Simplified

Global Payments Simplified

As more companies rapidly increase their businesses in scope and size, the need to cover more payments related to having staff and teams operating all over the world, hiring vendors in various countries, and expanding the use of services and products across a wider platform becomes a critical component of operations for businesses today. Handling what becomes known as a ‘mass payments process’ quickly becomes a highly complex and laborious task. There are different currencies, languages, and tax systems to consider, as well as other challenges associated with the technology…

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