If you’re after bank-beating exchange rates for your next international money transfer, be sure to check out TorFX. It’s been supplying fee-free transfers for more than 15 years (established in 2004 in the UK) to provide foreign exchange and international payments to businesses and individuals around the world. TorFX operates through more than 20 global offices and transfers over 40 currencies to more than 120 countries. Here in Australia, TorFX has an Australian Financial Services Licence (AFSL) and is regulated by the Australian Transaction Reports and Analysis Centre (AUSTRAC). It has more than 55,000 customers worldwide and transacts over AU$10 billion annually via 24/7 online transfers or through your personal account manager over the phone.
Rates and fees verified as correct at 10 July, 2020. Other information correct at the time of writing.
Whether you’re arranging transfers online or over the phone, TorFX aims to make the process simple, cost-effective and hassle-free. Check out the exchange rates on offer from TorFX today 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 0.6927||USD 6,927||Go to site |
|Euros (EUR) EUR||EUR 0.6138||EUR 6,138||Go to site |
|Great Britain Pounds (GBP) GBP||GBP 0.5498||GBP 5,498||Go to site |
|Canadian Dollars (CAD) CAD||CAD 0.9416||CAD 9,416||Go to site |
|Chinese Yuan (CNY) CNY||CNY 4.8504||CNY 48,504||Go to site |
|Danish Krone (DKK) DKK||DKK 4.5715||DKK 45,715||Go to site |
|Hong Kong Dollars (HKD) HKD||HKD 5.3686||HKD 53,686||Go to site |
|Indian Rupee (INR) INR||INR 52.1077||INR 521,077||Go to site |
|Indonesian Rupiah (IDR) IDR||IDR 10037.6748||IDR 100,376,748||Go to site |
|Japanese Yen (JPY) JPY||JPY 74.0132||JPY 740,132||Go to site |
|Malaysian Ringgit (MYR) MYR||MYR 2.9644||MYR 29,644||Go to site |
|New Zealand Dollars (NZD) NZD||NZD 1.0547||NZD 10,547||Go to site |
|Norwegian Krone (NOK) NOK||NOK 6.5713||NOK 65,713||Go to site |
|Philippine Peso (PHP) PHP||PHP 34.2616||PHP 342,616||Go to site |
|Saudi Riyal (SAR) SAR||SAR 2.5976||SAR 25,976||Go to site |
|Singapore Dollars (SGD) SGD||SGD 0.9642||SGD 9,642||Go to site |
|South African Rand (ZAR) ZAR||ZAR 11.7217||ZAR 117,217||Go to site |
|Swedish Krona (SEK) SEK||SEK 6.382||SEK 63,820||Go to site |
|Swiss Francs (CHF) CHF||CHF 0.6525||CHF 6,525||Go to site |
|Thai Baht (THB) THB||THB 21.6936||THB 216,936||Go to site |
|UAE Dirham (AED) AED||AED 2.5439||AED 25,439||Go to site |
TorFx offers overseas money transfer services for over 40 currencies. Whether you’re an individual wanting to do a one off money transfer or a small business who needs to make regular payments to a supplier, there are few key features you'll need to be clear on when using TorFX, including:
There are so many reasons for needing to send money overseas these days. You might be transferring money to family and friends back home every month, buying or selling an overseas property or making a one-off transfer before you emigrate to another country for good. Whatever your needs and plans, TorFX has a bunch of different features and services to help, including:
|On the spot money transfers On the spot money transfers|
If you need 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 offers spot transfers which can usually be completed in 1-2 working days, with competitive exchange rates.
|Lock in an exchange rateLock in an exchange rate|
Not ready to transfer just yet? TorFX gives you the option of a forward contract, which locks in an exchange rate for your transfer up to 2 years in advance.
|Transfer funds 24/7Transfer funds 24/7|
If you're happy to make your overseas money transfer online, you can do it through your TorFX account any time, any place. And it's not just making exchanges - you can also check live exchange rates, set rate alerts and lock in a rate for future transfers whenever you like.
|Make regular international paymentsMake regular international payments|
Whether you're sending money home to family or paying off your summer home in the south of France, if you’re going to be making regular monthly transfers between $1000 and $20,000 you can automate the transfer process.
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
To start off, get a quote for your international money transfer via the online form on the TorFx website. If you're happy with the quote you get, you'll need to set up an account and have your identity confirmed, so make sure you've got ID ready to go and allow time to get this sorted 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 generally: