TransferMate helps Xero users to save time and money on paying international foreign currency invoices. By integrating directly with Xero, you can select your unpaid foreign currency invoices, view live exchange rates and book those payments. Payments are then instantly posted back to Xero saving you time and money.
Who is it for?
TransferMate is for any business that pays invoices in foreign currencies. You may be an Australian importer paying suppliers in US dollars or a New Zealand retailer paying suppliers in Germany in Euro.
How TransferMate works with Xero
TransferMate connects to your Xero account and searches for your foreign currency invoices. Through TransferMate you can book your foreign currency payments and TransferMate will send the payment details into Xero, marking your Xero invoices as paid, saving you the hassle of double entry.
Traditional banks often overcharge and under deliver on international payments. TransferMate saves customers on average 80 percent on international payments by offering lower wire/bank transfer fees and more competitive exchange rates than traditional banks.
Where you can use TransferMate
TransferMate is available in Australia, New Zealand, the US, the UK, Canada and Europe.