If you’re after bank-beating exchange rates for your next international money transfer, TorFx has a lot to offer. It has been around for over ten years (established in 2004 in the UK) to provide foreign exchange and international payments to businesses and individuals. It has over 240 staff and operates in eight countries including Australia, the UK, South Africa, India and the US. TorFx is authorised and regulated by ASIC here in Australia, has over 100,000 customers worldwide and transacts over £3b annually.
Rates and fees verified as correct at 17 January, 2019. Other information correct at the time of writing.
TorFx is serious about providing the most competitive pricing to its customers, in fact, it has a best rate guarantee so if you’ve got an account with another provider who’s offering a better price, they’ll beat it. See below today’s rates with TorFx by plugging in how much you want to transfer and Mozo’s tool will do the rest.
|Currency||At today's TorFX Rate, 1 AUD buys*||For 10,000 AUD recipient will get|
|United States Dollars (USD) USD||USD 0.7145||USD 7,145||Go to site |
|Euros (EUR) EUR||EUR 0.627||EUR 6,270||Go to site |
|Great Britain Pounds (GBP) GBP||GBP 0.5555||GBP 5,555||Go to site |
|Canadian Dollars (CAD) CAD||CAD 0.9465||CAD 9,465||Go to site |
|Chinese Yuan (CNY) CNY||CNY 4.8283||CNY 48,283||Go to site |
|Danish Krone (DKK) DKK||DKK 4.6805||DKK 46,805||Go to site |
|Hong Kong Dollars (HKD) HKD||HKD 5.6038||HKD 56,038||Go to site |
|Indian Rupee (INR) INR||INR 50.742||INR 507,420||Go to site |
|Indonesian Rupiah (IDR) IDR||IDR 10153.2578||IDR 101,532,578||Go to site |
|Japanese Yen (JPY) JPY||JPY 77.7416||JPY 777,416||Go to site |
|Malaysian Ringgit (MYR) MYR||MYR 2.9497||MYR 29,497||Go to site |
|New Zealand Dollars (NZD) NZD||NZD 1.0535||NZD 10,535||Go to site |
|Norwegian Krone (NOK) NOK||NOK 6.1014||NOK 61,014||Go to site |
|Philippine Peso (PHP) PHP||PHP 37.2838||PHP 372,838||Go to site |
|Saudi Riyal (SAR) SAR||SAR 2.6793||SAR 26,793||Go to site |
|Singapore Dollars (SGD) SGD||SGD 0.9678||SGD 9,678||Go to site |
|South African Rand (ZAR) ZAR||ZAR 9.8055||ZAR 98,055||Go to site |
|Swedish Krona (SEK) SEK||SEK 6.4324||SEK 64,324||Go to site |
|Swiss Francs (CHF) CHF||CHF 0.7076||CHF 7,076||Go to site |
|Thai Baht (THB) THB||THB 22.6594||THB 226,594||Go to site |
|UAE Dirham (AED) AED||AED 2.6239||AED 26,239||Go to site |
TorFx offers overseas money transfer services for over 30 currencies. Whether you’re an individual wanting to do a one off money transfer or a small business who wants to make regular payments to a supplier, there are few things you’ll need to know:
There are so many reasons for needing to send money overseas these days. You might need to make a single one off transaction or you could be tapping into your entrepreneurial spirit and starting a new business venture with suppliers in multiple countries. TorFx has services for:
|Family paymentsFamily payments|
If you’ve got family living overseas you can use TorFx to transfer money quickly and safely. You can make payments at anytime knowing that TorFx’ has some of the most competitive prices in the market.
You’re off to start a new life in a new country and whether its for work, leisure or retirement making sure you get the best value when moving your assets internationally is extremely important.
|Buying property overseas Buying property overseas|
Whether you’ve got a dream of starting your very own version of the ‘First Marigold Hotel’ or buying a renovator's delight in Tuscany, if you’re planning on buying property overseas you’ll be transferring more than just a couple of thousand of dollars. Getting the very best exchange rate could make a big difference to setting up your new home. TorFx lets you fix the rate you’ll get up to 2 years in advance so that you’ll know when the time comes around to transferring your funds you’ll know exactly how much your purchase is going to cost.
|Immediate money transfers Immediate money transfers|
If you’ve got to make an immediate international money transfer to an account overseas, whether its for a holiday rental, a new piece of artwork or any number of reasons, you’ll want the best exchange rate you can get on the day. TorFx’ best rate guarantee will mean you will get the best rate for your transfer.
|Regular payments Regular payments|
If you’re going to be making regular monthly transfers between $1000 and $20,000 TorFx can offer you a commercial rate on your payments. TorFx can save you an average of 3% over the rates offered by big banks.
Gone are the days when you only had a few choices for transferring money overseas. Here’s some reasons why you might want to consider using TorFx for your next foreign exchange trade:
Visit TorFX websiteGo to site
If you would like a quote for your international money transfer you can request one first via the online form on the TorFx website. However, to be able to trade you will need to have an account set up and this also means that you’ll need to have your identity confirmed, so allow some time for this before your first trade.
The good news is that you are under no obligation to trade so you can have your account set up in advance and then only make the trade when the time is right for you.
Once you are registered, you’ll be assigned an Account Manager. If you need guidance and support regarding your trade they are there to help you.
The process for making a trade is as follows: