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What is TorFX?

Every business has distinct needs, and our wide-ranging currency transfer services are designed to be customized to address those specific requirements while protecting your financial gains. We assure you of access to the most competitive exchange rates whenever you need to carry out an urgent transaction. By locking in an exchange rate for up to two years ahead, you can manage your budget more efficiently and protect your assets from unfavorable market shifts. Our Limit Order feature enables you to aim for a better exchange rate than the current one, allowing us to automatically execute your transfer once the market hits your preferred target. Moreover, you can reduce the risk of an unforeseen drop in exchange rates by setting a worst-case scenario rate, enabling you to wait for more advantageous conditions while ensuring that your transfer remains safeguarded against possible declines. Our dedication to keeping you updated on the latest currency trends, along with support from a dedicated Account Manager, empowers your business to time its currency transfers optimally. This proactive strategy not only helps you respond to market fluctuations but also encourages you to plan strategically for the future. By leveraging our services, you can navigate the complexities of currency exchange with confidence and clarity.

What is CurrencyFair?

We are excited to present a groundbreaking method for engaging in foreign exchange and conducting global transactions, all while delivering outstanding customer support. Opening your account is a straightforward and rapid process that can be completed in just a few minutes, allowing us to verify your business and fulfill compliance requirements efficiently. After your documents have been successfully authenticated, our committed team will notify you, paving the way for your account to be fully operational. This innovative platform features two distinct trading options: you can either exchange currencies instantly at rates that exceed those offered by conventional banks, or you can choose to set your preferred rate and wait for it to be matched in our unique peer-to-peer marketplace, offering the possibility of achieving a more favorable rate than what is commonly displayed on Google. Additionally, our user-friendly platform simplifies the process of making international payments to employees, vendors, and contractors in up to 22 different currencies. You can also accept payments from over 150 countries while avoiding hefty international banking fees. Gain complete control over your financial transactions by establishing custom roles, assigning specific permissions, and incorporating dual approval processes for enhanced security and oversight. This degree of adaptability guarantees that your payment processes are tailored precisely to your business requirements, allowing for a seamless experience. With our comprehensive tools, you can navigate the complexities of global finance with confidence.

Media

Media

Integrations Supported

Integrations Supported

Google Cloud Platform
Xero

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

$3.45
per international transfer

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Documentation Hub

Company Facts

Organization Name

TorFX

Date Founded

2004

Company Location

United Kingdom

Company Website

www.torfx.com/business/risk-management.php

Company Facts

Organization Name

CurrencyFair

Date Founded

2009

Company Location

Ireland

Company Website

www.currencyfair.com/business/

Categories and Features

Currency Exchange

Not specified

Money Transfer

Not specified

Categories and Features

Money Transfer

Not specified

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