Most of the work sits with us. Here is what happens, who does it, and what you receive.
In detail
[DRAFT] Not approved for publication. Every fee, saving, safeguarding and comparative statement below needs compliance sign-off.
Three steps, and we do most of the work
01 Tell us where you pay and how often
A short call and a copy of your recent payments is all we need.
02 We check your costs and run a tender
We measure what your bank really charged, then invite FCA-authorised providers to compete for your payments. [CONFIRM Q3] [CONFIRM Q5]
03 You pay partners at a clear, verified cost
Every rate is checked against the market and reported back to you each month. [CONFIRM Q11]
The longer version, step by step
Step | Who | What happens |
|---|---|---|
01 | You | Tell us about your payments: where you send money, how often, in which currencies, and roughly how much a year. |
02 | Audere | We review your last twelve months and measure the real cost of each payment against an independent mid-market benchmark. |
03 | Audere | We run a tender, inviting FCA-authorised payment providers to compete for your business and comparing their terms side by side. |
04 | You | Choose a provider and open an account. We prepare the due diligence pack and help with onboarding, so the paperwork is light. |
05 | You | Pay your partners as usual. Each rate is confirmed to you in writing before it settles. |
06 | Audere | We keep checking. Every rate is verified against the market and summarised in a monthly statement. |
What you receive
Rate confirmation. A written confirmation of the rate and cost for every payment.
Payment confirmation. Proof that funds have been sent and received.
Monthly statement. Every payment for the month, with the verified cost of each.
Audit report. An annual, independent record of what you paid and what you saved, ready for trustees and auditors.
[CONFIRM Q3]
How long it takes
Illustrative. Timings depend on the providers involved and on their own checks. [CONFIRM Q3]
Stage | Typical time |
|---|---|
Initial review | 1–2 weeks |
Tender and comparison | 2–3 weeks |
Onboarding with a provider | 1–3 weeks, depending on their checks |
First payment | Same day once the account is open |
Questions we are asked most
Do we have to change bank? No. Your provider handles the international payment; your main banking stays where it is.
How long does onboarding take? Usually a few weeks, most of it the provider's own compliance checks.
What do you need from us? A short call and your recent payment records. We do the analysis.
Can we send local currency instead of dollars or pounds? Often, yes, and it is usually cheaper and more transparent. We will show you the comparison for each corridor.
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