Sage Critical Update Issue

TransferMate: Foreign Exchange Savings



We have been using TransferMate for our Dollar and Sterling foreign exchange purchases over the past few years and have found them both efficient and more competitive than our commercial bank.

We have recently partnered with TransferMate who can save you time and money on your international payments to suppliers by offering better exchange rates, lower transfer fees and faster payments.

There is also a free add-on software for Sage 50 that sits on the users’ desktop and connects directly to Sage software whereby customers are able to book all of their foreign currency payments directly from Sage, at the touch of a button. As soon as payments are booked, they auto-reconcile back to Sage eliminating time consuming double entry.

The company is a licensed European Payment Institute with offices worldwide and is regulated by the Central Bank of Ireland.

Over 35,000 companies worldwide use the TransferMate service every month.

TransferMate aims to eliminate bank charges and senders/receivers fees. It offers better exchange rates than banks and zero fees for transactions over €5,000.

Irish banks offer a limited online platform whereas TransferMate provides a 24 hour online platform allied to a 24 hour call centre.

Setting up with TransferMate is free and takes just a few minutes. You can contact James at Synergy Network or Tracy Moylan at TransferMate 01 635 3700 if you need to discuss further.

You can find further information and register here on


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