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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 Remitly?

Transitioning to Remitly transforms the process of sending money into a more significant experience, complete with a promise that your funds will reach their destination on time or we will refund your fees. We prioritize the confidentiality of your personal information while ensuring that your funds remain secure throughout the entire transaction. Recipients can easily access their money at local banks and retail outlets, which adds convenience to the process. Our commitment to providing competitive exchange rates and low fees is consistent, and new users can benefit from special promotions, subject to specific eligibility criteria. Once you establish your account, our straightforward guide will facilitate your first transfer seamlessly. Each transaction is backed by our pledge for timely delivery; if we fail to uphold this commitment, you will receive a refund. Furthermore, we offer zero fees on transfers of $500 or more, enhancing the value of your transactions. Depending on the amount being sent or the need for verification, additional documentation might be requested to ensure compliance and security. Your safety is our utmost concern, and as a registered Money Services Business with the US Department of Treasury, we are fully licensed to conduct operations across all 50 states. With Remitly, you can send money confidently, assured that your satisfaction and peace of mind are our highest priorities, making each transfer a reliable and trustworthy experience. Choosing us means not only convenience but also a dedicated service that values your needs.

Media

Media

Integrations Supported

Onfido

Integrations Supported

Onfido

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

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

Remitly

Date Founded

2012

Company Location

United States

Company Website

www.remitly.com/us/en

Categories and Features

Currency Exchange

Analytical Reporting
Client Management
Custom Account Statements
Data Backup Scheduling
For Money Exchanges
Margin Management
Market Data Access
Position Management
Real Time Currency Quotes
Real Time Tracking
Transaction Management

Categories and Features

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