Setting Up Recurring Transfers with MTFX

Sending money abroad is often more than a one-time task. Many individuals and businesses make regular payments for tuition, rent, family support, supplier invoices, or payroll. Handling these payments manually every month can be repetitive, time-consuming, and risky if deadlines are missed.

Recurring transfers simplify the process. With MTFX, you can schedule a payment once and let the system handle it automatically moving forward.

What are recurring international transfers?

Recurring transfers are automated payments scheduled to repeat at set intervals- daily, weekly, monthly, or quarterly. You only enter the payment details once, and from then on your transfers are sent according to the schedule you choose.

This approach helps you:

• Save time by avoiding repeated data entry.
• Stay organized and ensure payments are never missed.
• Gain peace of mind knowing transfers run reliably in the background.

Benefits of setting up recurring payments

• Save time – No need to re-enter the same details each time.
• Stay on schedule – Payments are delivered on time, reducing the chance of late fees.
• Control costs – Lock in exchange rates that work for you.
• Plan with confidence – Know exactly when and how much you’re sending.
• Track easily – View and manage all recurring transfers from your MTFX dashboard.

How to set up recurring payments with MTFX?

• Log in to your MTFX account on the website.
• Select Send Money and choose Scheduled Transfers.
• Enter the recipient’s details, amount, currency, and schedule.
• Review the exchange rate to ensure it meets your expectations.
• Confirm your schedule and save.

Your payments will now run automatically. You can track progress directly from your dashboard or through email notifications.

Tools to simplify recurring transfers

• Rate alerts – Get notified when your preferred exchange rate becomes available.
• Multi-currency accounts – Hold and manage funds in multiple currencies for greater flexibility.
• Payment automation – For businesses, automation streamlines vendor payments and payroll.

Common uses for recurring transfers

• Paying overseas tuition fees
• Sending regular family support payments
• Covering property or mortgage costs abroad
• Managing supplier invoices
• Handling payroll and other business expenses

Why choose MTFX for recurring transfers?

With MTFX you benefit from competitive exchange rates, transparent fees, and secure transfers in more than 50 currencies. Every payment is scheduled, tracked, and delivered with full visibility.

By automating your recurring transfers with MTFX, you can spend less time managing payments and more time focusing on what matters most-your family, your studies, or your business.