Setting up regular international payments is easy and can save you time and money
Examples of regular currency transfers for individuals are overseas mortgage payments, receiving foreign pensions, foreign salary transfers, rental income repatriation and overseas school fees. For businesses they might be paying or receiving overseas wages or suplliers.
By setting up a regular overseas payment with one of our BER foreign transfer partners, you don’t have to worry about your transactions every month. Simply set up a transfer plan that suits your needs and leave the rest to the provider.
Fixed Regular Payments
If you require a specific amount for each payment (e.g. mortgage repayments), benefit from our fixed regular payment plans that remove the exchange rate risk. Example: You are working overseas and need to pay off your mortgage back home each month. The amount you have to pay to your mortgage provider is fixed and you would also like to fix the amount that you pay each month in local currency.
Non Fixed Payments
If you have a fixed amount to send overseas each month, you can benefit from a non fixed payments where the exchange rate is not locked in upfront. Example: You are temporarily living in the USA and want to send USD2,000 of savings back home every month.