International supplier and payroll payments made quick and easy

No longer will you need to grant access to your bank account in order to facilitate international payments. Instead, when you sign up with Telleroo, an e-money account will be created in your business name. You can conveniently top-up your Telleroo account and we will handle the payment processing on your behalf. Furthermore, if you are an accountant or bookkeeper, when you invite a client, they will also receive their own Telleroo account.

You can make singular SEPA (Single Euro Payments Area) payments and bulk payments in Telleroo. Simply select which Xero Bills you would like to pay, and click ‘Create pay run’. You can also connect Telleroo with your favourite apps such as Employment Hero and ExpenseIn, and import a custom CSV file for any other SEPA payment.

SWIFT (Society for Worldwide Interbank Financial Telecommunication) facilitates secure international money transfers between banks. The SWIFT network enables a standardised and reliable way for financial institutions to send and receive information about financial transactions, ensuring efficient and secure transfers. SWIFT codes (unique identifiers for each bank) are used to process these transactions accurately. You could send US Dollars to China or Euros to South Africa using the SWIFT network.

With Telleroo, you can make single or bulk international payments. You can convert and send from your Telleroo GBP account to Euro, US Dollar, Australian Dollar, Canadian Dollar, Singapore Dollar, Swiss Franc, South African Rand, Norwegian Krone, Danish Krone, Swedish Krona, Indian Rupee, Polish Złoty, Philippine Peso and many more.

The best way to pay international vendors may vary depending on factors such as the type of payment, the amount being sent, and the currencies involved. However, using Telleroo can streamline and simplify the process by allowing you to make both singular and bulk international payments in a variety of currencies. Here’s an article that reviews when it’s best to make payments in local currencies.

Yes, Xero does support multi currency. This feature allows you to invoice in different currencies, as well as run reports and track balances in multiple currencies. However, if you need to make international payments, Telleroo integrates with Xero to help facilitate the process.

Managing exchange rates for international payments can be a daunting task. With Telleroo, we take care of this for you by offering middle-market exchange rates and automatically converting your funds into the desired currency.