Background
VATAmerica is a VAT and indirect taxes recovery firm based in New Jersey, USA. The company was founded in 1993 and offers the world’s only European Tax Recovery and Exemption program dedicated to general aviation.
Challenge
VATAmerica was sending and receiving international payments using wire transfers. This was a time-consuming and complicated process for their staff.
With high fixed fees and poor exchange rates, relying on wire transfers for global payments was also more costly than other options for international money transfers.
Solution
VATAmerica is now using TransferMate for international payments. Delayed payments have become a thing of the past for the company as TransferMate enables same-day cross-border transfers.
VATAmerica’s global payments are now fast, secure and convenient—without the high fees that banks charge.
