TransferMate hits $5bn mark

Source: TransferMate Global Payments

TransferMate Global Payments, a global payments provider with offices throughout Europe, North America and Asia has processed over $5billion in foreign currency payments for companies worldwide using its global payment network of clearing accounts.

Banks traditionally charge high transfer fees to business coupled with offering relatively poor exchange rates.

Tens of thousands of companies now use our service every week and growing fast. With a global network of bank accounts, global licenses and a strong team, we are in a great position to the number one solution for companies worldwide looking to send money overseas. We look forward to reaching $10billion, says Barry Dowling, co-founder of TransferMate Global Payments.

TransferMate have expanded its office network in Chicago, Toronto, Dublin, London, Madrid, Paris, Rome, Hong Kong, Sydney, Melbourne and Auckland and have invested millions of dollars in creating a state of the art foreign currency booking engine, providing clients with a 24 hour currency desk and building one of largest network of regulated licenses in the world covering North America, Canada, Europe, Australia and New Zealand 

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