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Batch Payments

MTFX's Batch Payments solution allows you to manage payments and your foreign exchange business all in one place simply and easily. Upload multiple payment batches in various currencies so you can send the right amount to the right place at the right time.

Hassle free settlement of high volume, time sensitive payments.

Fast, flexible, and efficient

Fast, flexible, and efficient

A single all-in-one solution to manage and grow your business.

Simple and accurate

Simple and accurate

Upload multiple payment batches in various currencies so you can send the right amount to the right place at the right time.

Payment control and validation

Payment control and validation

Eliminate manual errors, automatically meet banking guidelines, and receive real-time payment tracking.

Grow your business

Grow your business

Transfer funds in 100+ currencies to over 140 countries around the globe.

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Send batch payments with ease and efficiency

Batch payments in three easy steps.

Upload and validate.
  • Create and upload files from your accounting/ERP system.

  • Our automation technology will convert files directly into payment instructions for you and ensure efficient, least-cost routing.

Receive your quote.
  • Get live, better than the bank, currency exchange quotes.

  • Review for any errors/updated payees throughout the batch journey.

Approve and send.
  • Approve all payments in a single run.

  • Gain maximum control with real-time payment tracking and reporting.

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FAQs

Individuals and businesses who need to send money in foreign currency internationally can use MTFX’s services. The beneficiary of the transfer must have a bank account for the funds to be paid into. Personal clients usually use our services to transfer money between their own accounts in two different countries. Business clients usually use our services to transfer funds to suppliers, fund international operations, or repatriate overseas earnings.
MTFX offers currency exchange rates that are 2-5% better than those offered by the banks. Personal clients usually save hundreds of dollars per transfer and for larger transfers, the savings can run into the thousands. We also offer excellent customer service, dedicated currency specialists, and a 24/7 online platform with best-in-class technology that allows you to complete transfers from any device virtually anywhere in the world. Business customers save with better currency exchange rates and proven solutions geared towards managing and mitigating foreign exchange risk. Our solutions include forward contracts, market orders, rate alert services, and much more - all backed by great technology and great people.
Funds can be transferred via wire transfer, Electronic Funds Transfer (EFT), or ACH payment services. MTFX maintains bank accounts in all major currencies with highly-rated banks. Our banking infrastructure ensures that you can transfer funds to us quickly and securely.
Our global network of banking partners allows us to get funds to virtually anywhere in the world quickly and efficiently. Most wire transfers from MTFX will be received by your beneficiary within 24-48 hours. MTFX also offers same-day transfers that are almost instantaneous, as well as low-cost in-country payment services for your less urgent transfers. For further information please speak to one of our currency specialists.