What are TransferMate fees?
TransferMate exchange rates and fees
TransferMate charges a €10 (roughly $11) fee on all transactions for non-business customers. As for how much of a margin TransferMate adds to the exchange rate, when compared to Google, XE or the news, it's typically within 1%.
How does TransferMate make money?
TransferMate earns only a margin from the foreign exchange rates and no other costs are incurred by the institutes, agencies or students.
How do you use TransferMate?
TransferMate – How it works
- Register online.
- Choose your currency and the transfer amount.
- Lock in your exchange rate. ...
- Add Transfermate bank account details as a new payee with your bank (the one sending the money)
- Transfer your money to their bank account.
Do you have to pay for education com?
Our Basic (free) membership gives you access to three free content downloads each month. You can select from worksheets, games, activities, lesson plans and science projects. If you'd like to have access to unlimited content, you'll need to upgrade to our Premium plan.