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An easy to use online system for students to pay their fees.

  • Cheaper International bank transfer fees eliminated. Preferential Exchange Rates
  • Faster Make a local transfer in your own currency. Payments can be processed and receipts issued within 48 hours.
  • Easier 24 hour customer support via live chat, skype, phone and email.

How much can you save*?

*Indicative fees and exchange rates used for example savings only.

Credit Card payments from your country are currently not supported.

TransferMate Bank
Course fee USD 20,000 USD 20,000
Exchange rate 1.115433 1.092899
Transfer fees EUR 0.00 EUR 31.5
Your payment EUR 17,930.26 EUR 18,331.45
Save EUR 401.19 compared to leading bank rates

*Indicative fees and exchange rates used for example savings only.

TransferMate offers a Free Service to educational institutions.

  • Receive international payments within 48 hours.
  • No more unallocated payments.
  • Eliminate international receiving transfer fees.
  • No set-up costs.
  • No IT implementation required.
  • 24/7 online tracking.

TransferMate Makes You Savings

With no fees, preferential exchange rates and lower administration costs, you and your students can make substantial savings* by using TransferMate for your international fee payments.

*Indicative fees and exchange rates used for example savings only.

Update the calculator below to see how much you could save.

Number of International Students attending your college or accommodation

Annual Tuition

50% of Students Pay by Credit Card 50% of Students Pay by Wire Transfer
Students: 400 Students: 400
Tuition fee: USD 20,000 Bank Fee per payment: USD 13.00
Total fees: USD 8,000,000
Merchant fee @ 2% Total: USD 160,000 Bank Fees Total: USD 5,200
Your college could make a Total Saving of $165,200 on fees alone by using TransferMate as the chosen method of payment instead.
A student paying in Euro could Save €427.32 per fee payment. (Better exchange rate and no bank fees)

*Indicative fees and exchange rates used for example savings only.

Agents can make local transfers on behalf of their international students.

  • International bank transfer fees eliminated.
  • Preferential Exchange Rates.
  • Bulk payment facility - one local transfer can cover multiple payments.
  • Receive your commission payments faster.
  • Process your student refunds faster.
  • No set-up or service charge.

How much can you save?

Calculate how much you could save* using TransferMate to pay international student fees.

*Indicative fees and exchange rates used for example savings only.

Update the calculator below to see how much you could save.
TransferMate Bank
Course fee USD 20,000 USD 20,000
Exchange rate 1.115433 1.092899
Transfer fees EUR 0.00 EUR 31.5
Your payment EUR 17,930.26 EUR 18,331.45
Save EUR 401.19 compared to leading bank rates

*Indicative fees and exchange rates used for example savings only.

New to TransferMate? Schedule an online demo

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We have a Simple 3 Step Process

Secure Online Registration

The sender registers on the secure TransferMate domain and enters their payment details

50,000+Happy Customers this year

Preferential Exchange Rates

The sender received the exchange rate for that day (valid for 48 hours) and makes payment into the TransferMate bank account in their local currency

80Global currencies

Fast Transfers

Once funds are received by TransferMate, payment is immediately transferred to the receivers account from the local TransferMate account in their home country.

$1 billionTransferred this year

TransferMate is an easy to use online payment solution for the education sector. The service offers a secure and fast way to send payments all over the world at no cost to the sender or receiver.

Terry Clune
CEO

Terry is the CEO and founder of The Taxback Group, while working in Germany as student Terry was paying 50 – 60% tax and upon his return to Ireland he decided to figure out how to claim back his tax. He eventually began doing tax returns for family and friends, after identifying this opportunity Terry set up a small office in Dublin city in 1996 and from then the group has continued to grow.

Terry graduated from Trinity College Dublin with a Business and Economics (BESS) International business degree.

Tom Butler
Director of Sales

Tom joined the TransferMate team back in 2012 as a Global Business Manager and now he operates as a Director of Sales. Tom's role is to lead and motivate the sales team towards reaching their objectives.

Tom has over 20 years experience in the financial sector, he graduated from Waterford Institute of Technology with a Diploma in Mechanical Engineering. Tom went on to study in University College Dublin where he graduated with a Diploma in Financial Advice.

TransferMate is part of CluneTech family of companies.

CluneTech is a suite of companies providing industry-leading solutions that simplify global business. Our technology streamlines processes such as digital sales, global payroll, tax compliance, global VAT & cross-border payments, making business better for our customers worldwide.

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The TransferMate system is very user-friendly

...the support service is excellent.

Martina Scholz
INTERNeX International Exchange, Canada.

The 48-hour currency conversion rate guarantee, the

on-line confirmation, and the savings on wire fees alone...

The set up was straightforward and ongoing support has been excellent.

Adrian Beaulieu, Dean of International Studies
Providence College, Rhode Island.

...payment received within 24 hours ... full

traceability of funds ... issue letters of receipt much quicker

... improving quality of service to the student.

Dr. Robert Flood, Head of International Affairs
Dublin Institute of Technology.

... a great tool to channel international

payments efficiently and offers competitive

foreign exchange rates.

Patrick Mueller
StudyGlobal, Spain.

Our students simply send their

own currency to a local bank and thus

avoid costly international bank transfer fees.

Michael O'Grady, Director
Byron English Language School.

We were so impressed...

TransferMate has been extended to all non-European undergraduate

and postgraduate students ... who apply to UCC.

Marita Foster, International Education Officer
University College Cork.

An invaluable service to our proposition, that allows us to

reduce operational cost for international student mobility

Zakaria S. Mahmood, Chief Executive

Contact Form

Contact Information

  • Email:
  • Info@transfermate.com
  • Phone:
  • +353 1 8872892
  • Address:
  • European Headquarters
    IDA Business and Technology Park,
    Ring Road, Kilkenny
    Ireland

Customer Care Center

transfermate