The platform has inbuilt bank account verification and a second user double check functionality to avoid payment errors and increase payout efficiency.
Our mass payments platform delivers bulk payments securely, on time and in full, in over 130+ currencies with no hidden fees.
01
Sign up for a business account and register the company you're making payments for.
02
You can add the details manually or via a csv upload of the suppliers, employees or third parties you wish to pay
03
Book the total value of the currency you wish to purchase and sell.
04
The system will the allow you to check box multiple beneficiaries and the amount you wish to send to them until the total FX booked is fully accounted for.
05
Review the payment details. Double-check the recipient information and payment amounts. Then proceed to confirm the mass payment.
06
Should you have a specific date and time you can select this on screen before you confirm the payment.
07
Once your international payments have been submitted you shall see them in your order history and the status will change to Funds Sent on the requested date.
08
Notify your recipients about the upcoming payments, including expected delivery times and any other relevant information by adding their email to the international payments details.
| Currencies | Sterling FX rates | Bank rates | You could save (for £1000) | ||
|---|---|---|---|---|---|
*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
Furthermore, in many cases the banks will not provide you with a good foreign exchange rate either, so in which case you may get stung twice. That's why it makes sense to get your Travel Money from The Sterling FX - your preferred currency exchange in London.
| Currencies | Sterling FX rates | Bank rates | You could save (for £1000) | ||
|---|---|---|---|---|---|
*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
Furthermore, in many cases the banks will not provide you with a good foreign exchange rate either, so in which case you may get stung twice. That's why it makes sense to get your Travel Money from The Sterling FX - your preferred currency exchange in London.
| Currencies | International Transfer Rates | Bank rates | You could save (for £1000) | ||
|---|---|---|---|---|---|
*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
Furthermore, in many cases the banks will not provide you with a good foreign exchange rate either, so in which case you may get stung twice. That's why it makes sense to get your Travel Money from The Sterling FX - your preferred currency exchange in London.
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Registration Details
Sterling Consortium Limited is registered in England and Wales under company number 05850613.
Sterling Consortium Limited is authorised and regulated by the Financial Conduct Authority as an
Authorised Payments Institution (API Firm reference number 987941).
Furthermore, we are governed
by HM Revenue and Customs as a Money Service Business (MSB registration no. 12120971).
The actual
provision of travel money is not regulated by the FCA.
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