International recruitment is evolving and expanding day by day and with contractors and businesses exploring opportunities overseas, FTT decided it was time for a payment solution to fit the bill.
Most recruiters will send payments to international contractors and receive fees from global employers in various currencies, using the bank. . Businesses with traditional Payroll systems in place do not have a global capacity to pay or receive payments in preferred currencies and therefore lose out by paying high fees and receiving poor exchange rates.
Exchange rates and fees directly impact profits. That is why FTT’s guaranteed exchange rates always beat the banks FTT also offer service 24/7, so that your payments can be made whenever you need them.
Banks will typically charge you anything up to 4% in fees and charges to make or receive international payments. FTT Global provides you with a seamless and transparent service that will never cost more than 1% and has no hidden fees.
BatchPay was created with you in mind to relieve administration and ensure your payments get there on time. FTT has the capability to convert foreign currency payrolls, invoices or supplier payments in the currencies they require. This simple solution enables all batch payments – whatever the currency can be facilitated by FTT Global from one spreadsheet.
Ready to get started?
If you would like more information on BatchPay contact our specialist Emma Jones on +44 (0)203 603 8940 or email [email protected].