Payments

View our help articles on making and receiving payments.

Where do I transfer funds?

In order to allocate the funds successfully you can find the correct information on how we allocate transferred funds here.

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Have you reconciled the funds that I sent to my Freemarket account?

We reconcile all funds that are sent for you, but sometimes that isn't the case, here's why.

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Can I make a one time batch payment?

Yes, you can create individual batch payments on the platform.

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Can I get a MT103?

An MT103 is available to you at an additional fee.

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What security procedures will you require when I instruct you to send money from my account?

We take risk as paramount and utilise best-in-class providers to ensure security & using the leading suppliers in the market.

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Why is the amount which reaches the beneficiary sometimes less than the amount sent?

The exchange rate may have changed during the process of completing the transaction.

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Can I remove a beneficiary?

You are able to suspend a beneficiary, however, all pending and subsequent withdrawals to that beneficiary will be canceled.

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Do you make payments to third parties?

In order to control the distribution of funds on the account we ensure that each beneficiary is checked and authorised before use.

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Do you make payments to third parties?

In order to control the distribution of funds on the account we ensure that each beneficiary is checked and authorised before use.

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What kind of payments can I make?

There are a number of different payment schemes and types of payments that you can make.

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