Most people use their bank for transferring money overseas as that has always been the first port of call. People are now beginning to realise that companies like TransferMate can offer a cheaper faster service
Chicago, IL (PRWEB) December 3, 2009
TransferMate , a global payments provider is celebrating another milestone in providing over a half a million international money transfers worldwide. With 32 offices worldwide and Tover 500 staff worldwide, TransferMate are dedicated to providing bank beating exchange rates
TransferMate was established in Ireland in 2003 with the principle aim of providing individuals and companies with a cheaper faster way to send money overseas.
The traditional method of sending money overseas was to contact your bank, confirm how much was needed to pay online or by phone/fax and to accept the fees and exchange rates involved.
All too often payments were delayed, extra fees were charged out of the amount received with both the sender and receiver bank passing the buck on where the charge originated
TransferMate provides an end to end payment system guaranteed to provide more transparency as it is a transfermate local bank account you are making the payment to and a transfermate local bank account that is paying out to the foreign beneficiary on the ground. Using this system fees are clear from the start, otherwise their are a number of banks in the process and fees can occur on both sides
The TransferMate online system has been designed to provide clients with the means to save beneficiaries, load payments online and only confirm payment when a client is happy with the live exchange rates which updates every 3 seconds on the online system.
Every payment is tracked and all exchange rates and fees are clear from the start so clients know exactly what their payment is costing them.
TransferMate also provide a free currency converter for websites so that these websites can show their Web visitors the most up to date exchange rates worldwide.
Now, 6 years later, with over 500 staff working from 32 countries worldwide TransferMate are projected to assist over 150,000 clients worldwide to transfer money overseas in 2010.
If you need to send money overseas for personal of business reasons contact TransferMate today for more information on how we can secure better exchange rates for you.