TorFX Money Transfer & Exchange Rates

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TorFX Australia

TorFX provide an international money transfer platform providing services for over 30 currencies for personal and business use. TorFX is a very competitive provider, offering a best price guarantee, so if you find a cheaper rate elsewhere, they’ll beat it.


TorFx’s services cater for a number of financial transfer requirements to suit your personal or business needs. Whether its sending personal money to an overseas account, or wiring your international business suppliers money. Below are some of the options available to TorFx customers.

Immediate money transfers

If you require an international money transfer to an overseas account, you can quickly ascertain whether you are getting the best exchange rate with ForFx. They’ll beat your alternative offer to retain you as a preferred customer.

Regular payments

If you see yourself making regular monthly payments between $1000 and $20,000, TorFx can offer you a commercial rate on your payments, at an average of around 3% over the rates offered by the major banks.

Overseas Investment & Emigrating

If you are planning a new life chapter overseas, whether that being for a business investment or a property investment, TorFx lets you fix the rate you’ll get up to 24 months in advance. Getting a good exchange rate when transferring large sums of money is very important, so when the time comes to making that all important transfer, you’ll know exactly how much your purchase will be.

KEY INFORMATION

Transfer Limits

The minimum amount you can transfer with TorFx is $200. You can transfer up to $25,000 online.

Transfer Time

It typically takes between 24-48 hours for your funds to hit your recipients account from the time of transfer, although it can take a little longer for less frequently traded currencies.

Transfer Fees

There is no charge when making an international transfer using TorFx. There are some cases, where the recipient’s bank may charge for the incoming transfer.

MORE INFORMATION ABOUT TorFX Australia

How a transfer can be made:



 

In order to trade, you must firstly register for a personal or business account by visiting the TorFx website or by calling their customer services. You will be asked to verify your identity by providing some basic forms of I.D.

The process is very simple, once you have selected to transfer your money, your designated Account Manager will confirm the current trading price and will then execute on the agreed rate. For transfers below $25,000, you can trade online. For amounts above this threshold, you will need to trade over the phone. Once the trade is finalised, you will receive a ‘Contact Note’ depending on the type of contract selected and the associated currencies.  You will then be required to pay TorFX in the sale currency, via bank transfer or debit card and your purchased currency will be sent straight to your nominated account. The converted amount is usually processed and with the recipients account within 1 or 2 business days. For GBP, EUR and USD same day processing is available.  

 

PROS

  • Best rate guaranteed.
  • You don't pay any fees to TorFx for transferring funds
  • Dedicated account manager
  • 24/7 service

CONS

  • No mobile app

Rates table

AED » AUD 0.3823 AUD » AED 2.6155
BBD » AUD 0.7017 AUD » BBD 1.4252
CAD » AUD 1.0785 AUD » CAD 0.9272
CHF » AUD 1.4198 AUD » CHF 0.7043
CNY » AUD 0.2027 AUD » CNY 4.9338
CZK » AUD 0.0630 AUD » CZK 15.8800
DKK » AUD 0.2176 AUD » DKK 4.5958
EGP » AUD 0.0782 AUD » EGP 12.7833
EUR » AUD 1.6239 AUD » EUR 0.6158
FJD » AUD 0.6560 AUD » FJD 1.5244
GBP » AUD 1.8450 AUD » GBP 0.5420
HKD » AUD 0.1790 AUD » HKD 5.5877
JPY » AUD 0.0125 AUD » JPY 79.8010
KWD » AUD 4.6147 AUD » KWD 0.2167
MAD » AUD 0.1486 AUD » MAD 6.7273
MXN » AUD 0.0744 AUD » MXN 13.4368
NZD » AUD 0.9211 AUD » NZD 1.0857
PGK » AUD 0.4181 AUD » PGK 2.3918
PHP » AUD 0.0259 AUD » PHP 38.5400
SEK » AUD 0.1568 AUD » SEK 6.3785
SGD » AUD 1.0185 AUD » SGD 0.9818
THB » AUD 0.0429 AUD » THB 23.2880
USD » AUD 1.4015 AUD » USD 0.7135
XCD » AUD 0.5195 AUD » XCD 1.9249
ZAR » AUD 0.0977 AUD » ZAR 10.2361

ABOUT THE COMPANY

TorFx has been in the market for over 10 years, they were founded in 2004 in the UK and now operate across eight countries including, UK, Australia, South Africa, India and the U.S. The company now employs over 250 staff and services over 100,000 customers worldwide, transferring in excess of $3 billion annually.

What are you waiting for?

If you need to make an internation payment, look no further. Join the 111,000+ clients around the world who are benefitting from our services.