Service
International payments, built around the routes your business actually uses.
TimeFX helps UK businesses move money to suppliers, employees and counterparties across the world, on local rails where available and under the regulatory framework for UK payment services.
What is an international business payment?
An international business payment is any transfer your business sends or receives where either party, or the currency, sits outside the UK. That covers supplier settlements, payroll for overseas staff, contractor invoices, intercompany transfers between group entities, and ad-hoc B2B transactions. Compared with a standard domestic transfer, these payments involve currency conversion, cross-border banking infrastructure and, in some corridors, additional compliance checks.
How TimeFX helps
TIMEFX LTD provides international payments to UK businesses: helping you understand which routes and currencies are available, setting up the right payment method for each corridor, and staying on hand when a payment needs attention. Funds and regulated payment execution are handled under the regulatory framework for UK payment services, delivered with our FCA-authorised payment partner — we do not hold your funds at any point.
Who this suits
At a glance
- Broad currency and destination coverage
- Local-rails settlement where available
- Spot and forward execution
- UK-based team, on hand when you need us
- Audit trail per payment, exportable
Use cases
Built for how businesses actually pay and get paid
Three patterns come up again and again with our clients.
Paying overseas suppliers
Settle manufacturer, wholesaler or freight invoices in the supplier's own currency, with beneficiary details captured correctly the first time to avoid rejected or delayed payments.
Receiving international payments
Collect from overseas customers or marketplaces without your buyer needing to navigate an unfamiliar UK bank transfer, and with visibility over what's arrived and when.
Payroll and contractor payments
Pay a distributed workforce or overseas contractors on a recurring schedule, with each beneficiary set up once and reused for future payment runs.
Routing
SWIFT and local rails, confirmed route by route
SWIFT and correspondent banking
- Used where a corridor has no direct local-rails access
- Payments move through a chain of correspondent banks
- The traditional route for most international wires
- The fallback for less common currencies and destinations
Local rails, where available
- Used where TimeFX holds direct local clearing access
- For example, SEPA within the EU or domestic clearing in certain major markets
- Funds move without the correspondent-bank chain
- Availability is confirmed per corridor, never assumed
On currencies
Fit
Who international payments through TimeFX suit
Good fit
- UK businesses paying overseas suppliers or manufacturers regularly
- Exporters collecting payments from customers abroad
- Companies with overseas staff, contractors or intercompany transfers
- Businesses that want a UK team for payment queries, not just a portal
Less suited to
- One-off personal transfers unconnected to a UK business
- Consumers looking for a retail currency exchange product
- Businesses that need funds to arrive within a fixed, assured time in every corridor
Process
How a payment moves from enquiry to reconciliation
- 1
Tell us the route
Share the countries, currencies and typical payment sizes you deal with, so we can confirm which rails and checks apply before you commit to anything.
- 2
Beneficiary setup
Add suppliers, staff or contractors once. We help capture the right details for each route to avoid avoidable rejections at the receiving bank.
- 3
Book the transfer
Spot conversion with a rate confirmed before you commit, or a forward contract where you need to fix a rate today for a future settlement date.
- 4
Track and reconcile
Each payment carries a single reference visible end-to-end, with exports you can drop into your accounting system.
Considerations
Costs and things worth knowing upfront
- Onboarding and checksBusiness verification and beneficiary screening apply before a payment can be sent
- Pricing depends on the routeVaries by currency pair, amount and corridor — confirmed before you commit
- Timing varies by corridorDepends on cut-off times, correspondent processing and local banking hours
International payments, delivered under UK payment services regulation
We are clear and specific about how regulated activity is delivered.
Broad currency and route coverage
TimeFX supports payments across a global network of currencies and destinations, with the specific route confirmed before you commit.
Local rails where available
Confirmed corridor by corridor — we won't guess at routing that hasn't been verified for your payment.
Regulated payment services
Payments, FX and e-money activity run under the regulatory framework for UK payment services, delivered with our FCA-authorised payment partner, authorised and regulated by the FCA. TIMEFX LTD does not hold customer funds.
Ready to start? Apply now or read our regulatory disclosure for the full detail on how responsibilities are split with our FCA-authorised payment partner.
Common questions about international payments
Related services and guides
International payments often sit alongside currency risk management and multi-currency accounts — explore how they fit together.
Currency risk management
Protect margin on future payments and receivables when rates move against you.
Read moreMulti-currency accounts
Hold balances in the currencies you already pay and get paid in, and cut unnecessary conversions.
Read moreIndustries we support
See how importers, exporters and global SMEs use these services in practice.
Read moreKnowledge centre
Guides on payment routes, documentation and preparing for international trade.
Read moreFrequently asked questions
Broader questions about onboarding, regulation and how TimeFX works.
Read moreFX and payments glossary
Plain-English definitions of SWIFT, local rails, correspondent banking and more.
Read more
Get started
Pay overseas suppliers with confidence
Share your supplier locations, currencies and typical payment sizes. We will outline the right setup for you.
We respond to enquiries within one UK business day.