For Law Firms

Travelex is the leading payment specialist for the legal industry around the world, building the first law firm specific online payment system. Law firms can save both time and money using our solution.

View the press release for the worldwide launch of GlobalPay Legal

GlobalPay Legal Payment System

Our solution incorporates a state-of-the-art online payment system which enables law firms to make all types of payments and book our unique product called Future Payments. Future Payments enable law firms to secure a fixed exchange rate for payments under £10,000 for release any time within 120 days, so you know the precise Sterling (GBP) cost for international payments and can secure your profitability without tying up your cash flow.

Click here to download more information about GlobalPay Legal.

If you’d like to make an appointment with one of our payment specialists for law firms, please call 0845 300 2543 or email us at tgbp@travelex.com.

Key benefits include:

  • Reduce the risk of currency market exposure by securing a fixed cost for foreign currency payments in advance
  • Secure profits by eliminating exposure to market volatility
  • Avoid being exposed to high charges for international payments by ensuring that you have funds booked to cover outgoing payments
  • Remove the cash flow burden since you secure an upfront rate and cost for a payment, without having to pay for the transaction until the date agreed with your overseas supplier.
  • Obtain fast cheque clearance services since Travelex can increase the rate at which funds are cleared in to your account
  • Remove or minimise the need for rebilling or loss adjustments due to exchange rate movements saving time and money.
  • Integrate your Accounting or Practice Management System with your international payment system to eliminate repeat data entry, saving time and leading to greater efficiency.
  • Gain comprehensive management information reports from our online system
  • Set up self-administered user controls with different user rights from order entry to payment approval, settlement authorisations and access to reporting
  • Benefit from straight through processing via Direct Debit