Authorised by the FCA as a Payment Institution · FRN 747167
Business FX & international payments · Newry

Stop paying your bank's hidden FX margin.

Pay suppliers and convert euro income at better rates than your bank, with a dealer who answers the phone. FCA-authorised and based in Newry for over 30 years.

  • A named dealer, not a call centre
  • Rates shown upfront, paid same or next working day
  • Your funds safeguarded in segregated accounts

What could your business save?

Step 1 of 2
You mainly…
Your bank's margin on the exchange rate
Not sure? Leave it at 2.5%.
Estimated saving compared with your bank
£5,000a year

Illustrative estimate only, not a quote. It assumes the same volume is exchanged through your bank and through us. Your actual saving depends on your bank's rates, ours at the time and market conditions.

40+currencies
GBPBritish Pound
EUREuro
USDUS Dollar
AUDAustralian Dollar
CADCanadian Dollar
DKKDanish Krone
JPYJapanese Yen
NOKNorwegian Krone
NZDNew Zealand Dollar
SEKSwedish Krona
AEDUAE Dirham
BBDBarbadian Dollar
BHDBahraini Dinar
CHFSwiss Franc
CNYChinese Yuan Renminbi
CZKCzech Koruna
GHSGhanaian Cedi
HKDHong Kong Dollar
HUFHungarian Forint
JMDJamaican Dollar
JODJordanian Dinar
KESKenyan Shilling
KWDKuwaiti Dinar
LKRSri Lankan Rupee
MURMauritian Rupee
MXNMexican Peso
NGNNigerian Naira
OMROmani Rial
PHPPhilippine Peso
PKRPakistani Rupee
PLNPolish Zloty
QARQatari Riyal
RONRomanian Leu
RSDSerbian Dinar
SARSaudi Riyal
SGDSingapore Dollar
THBThai Baht
TNDTunisian Dinar
TRYTurkish Lira
TTDTrinidad and Tobago Dollar
UGXUgandan Shilling
XCDEast Caribbean Dollar
ZARSouth African Rand
FCA-authorisedPayment Institution, FRN 747167. Check the register
Funds safeguardedHeld separately from our own money
Based in NewryOver 30 years in foreign exchange
Reviewed on TrustpilotRead client reviews
Proud to work with
The hidden cost

"No fees" usually means the fee is in the rate.

Most banks don't show a charge on your statement. They give you a worse exchange rate than the market and keep the difference. On regular supplier payments, that adds up to thousands a year.

We show you the rate before you commit, so you can compare like for like.

Check what your bank charges →
Estimated yearly saving with TransferLab compared with a typical bank (illustrative)
  • You exchange £250,000 a year£5,000
  • You exchange £500,000 a year£10,000
  • You exchange £1,000,000 a year£20,000
Illustrative only, based on a typical bank exchange rate margin of 2.5%. Your saving depends on your bank's rates, the amounts involved and market conditions.
Apps and challenger banks

Already using an app or challenger bank?

They're great for small, everyday payments. As your volumes grow, it's worth checking the full picture.

And an app can't pick up the phone, talk you through a big payment, or double-check the details before your money leaves.

Monthly subscriptionsPaid whether you trade that month or not.
Fees once you pass your allowanceExchange beyond your plan's monthly limit and a percentage fee kicks in.
Weekend and out-of-hours chargesExchanging when markets are closed can cost extra.

Send us a recent trade or payment confirmation, or a statement showing the transaction, or just tell us the amount, date and rate you got, and we'll tell you honestly whether we'd have saved you money.

Get an honest comparison

Up and running in a day or two

1

Open a business account

A short online application and ID checks. No cost to open, and no obligation to trade.

2

Get a rate from your dealer

Book online or call your dealer, and see the rate before you commit.

3

Transfer your funds in

We pay out, usually the same or next working day, with tracking throughout.

Everything a trading business needs to move money across borders

Supplier payments

Pay invoices in 40+ currencies at a rate you see upfront. Save regular recipients and pay in a few clicks.

Converting euro income

Get paid in euros by customers in the Republic or across the EU? Get more sterling for every euro, at a rate agreed with your dealer rather than whatever your bank gives you on the day.

Payroll & bulk payments

Pay cross-border staff or dozens of suppliers in one go, instead of one bank transfer at a time.

Forward contracts

Got a supplier payment due later, or a contract that pays you in euros? Fix today’s rate for the date the money is due.

Talk to a person, not a ticket queue

Every business client has a named dealer at our office in Buttercrane Shopping Centre, Newry. Call, email or call in.

Call 028 3044 7500
Colum, Director ColumDirector
Martin, Compliance & MLRO MartinCompliance & MLRO
Sarah, Client Services SarahClient Services
Regulation & safeguarding

How your money is protected

TransferLab is a trading name of Bureau Buttercrane Ltd, which is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017 (FRN 747167) for the provision of payment services.

View us on the FCA register →

Your funds are kept separate

Client money is safeguarded in segregated accounts, apart from our own funds, as FCA rules require.

Not covered by the FSCS

We're a payment institution, not a bank, so the payment services we provide are not covered by the Financial Services Compensation Scheme (FSCS). Instead, relevant funds (the money you send us to make a payment) are protected by safeguarding: held separately from our own money so they can be returned to you if we became insolvent.

Verified payments, every time

We check who you're paying and flag anything unusual before the money leaves. Fraud prevention

What our clients say

See what you’d pay on your next euro invoice

Get a live rate from a dealer in minutes. No obligation, no cost to open an account.