TorFx Foreign Currency
There are many reasons why businesses engage in currency exchange and international payments.
Whether your business is paying for imported goods, receiving payment for goods or services sold abroad, paying overseas staff, repatriating overseas earnings, or simply making a one-off purchase – TorFX can help.
Who are TorFX?
TorFX is a leading and globally recognised International Foreign Exchange and Payments Provider who has been helping individuals and businesses move money around the world since 2004. TorFX has worked with more than 55,000 clients and are part of a group that has over 450 employees with offices in 4 continents.
- Holds the highest level of creditworthiness with Dun & Bradstreet (Level 1)
- Holds the highest level of service rating with Canstar (Five Star)
- Voted the top International Money Transfer Provider for the last 5 consecutive years (2016-2020) by Moneyfacts Consumer Awards
- Holds an ‘Excellent’ (Five Star) rating on independent review site Trustpilot
Benefits to Clients
TorFX provides clients with excellent exchange rates, every client is assigned a dedicated Account Manager who will work closely with them in identifying the best time to move their money. They also provide expert guidance and support in managing market risk. TorFX has a proven track record in helping clients achieve much better rates of exchange which translates into them realising more money for their FX transactions. The benefits to clients are;
- Highly competitive exchange rates, 2%-5% better than those offered by the banks
- “High touch” personal service, every client is assigned a dedicated account manager
- Fast, efficient and “fee free” service
- Access to multiple foreign currency wallets, no requirement to set up localised bank accounts
- Access to over 40+ currencies and the ability to move money to 120+ countries
- Dedicated team of FX specialists providing unique market insights and guidance
- Broad range of FX products to suit all circumstances, spot contracts, forward contracts, limit orders, stop-loss orders and rate alerts
Typical Client Transactions
TorFX works with private and HNW individuals, family offices, SMSF’s, SME’s, and large corporates across all industry sectors, we help clients with;
- Transfers for foreign property settlements and investments
- Purchasing luxury overseas items (cars, boats, planes)
- Intercompany transfers, repatriation of business revenue/sale proceeds
- Covering import/export costs
- Purchasing capital goods (plant, equipment & machinery)
- Emigration & relocation
- Inheritances, settlement of estates
- Sending money overseas to family and friends
- Paying supplier invoices (goods and services)
- Repatriation of personal funds/pensions
- Managing overseas payroll (employees working/engaged offshore)