Whether you're buying foreign property, sending money to loved ones or moving overseas, TorFX might be the solution.

Torfx
Money Transfer
Business
Personal
Multi-currency
SWIFT
SEPA
Referral program
Mobile Apps

Tor Currency Exchange Limited is an electronic money institution focused on international money transfers. The company offers money transfers, regular payments, repatriation of funds, virtual accounts to individuals and businesses.TorFX is to save you money by offering highly competitive exchange rates and a fee-free, personal service.

Services

  • Personal IBAN

  • Affiliate program

  • Cashback

  • SEPA

  • Loyalty program

  • Insurance

  • Multicurrency account

  • SWIFT

  • Card

  • Crypto

Details

Details
Founded:

2004

Has mobile app:

Yes

Has web version:

Yes

Contacts:
Languages:

English

Emi type:

Money Transfer

Available in these countries:

100+

Jurisdiction:

GBR

Licenses:

AEMI

Main info

Main info
Has insurance:

No

Has trading:

No

Has budget planner:

No

Has bill split:

No

Has IBAN:

No

Has SEPA:

Yes

Has SWIFT:

Yes

Electronic payment methods and fees:

Bank Transfer

Main service fee text:

0 EUR/month

Account opening fee:

0 EUR

Withdrawal fee:

Bank Transfer: 0%

P2P fee:

Spot Contracts: Make an on-the-spot transfer.
Forward Contracts: Lock in a favourable exchange rate now and send your money up to two years into the future.
Limit orders: Target a specific exchange rate, then TorFX makes the transfer when that rate is met.
Stop-loss orders. Wait for a better rate, but lock in a worst-case rate should the market move against you.
Business transfers. Experts can help your business control forex risks and protect your profits. Services include risk management as well as overseeing any regular overseas payments for your business invoices.


Transfer Fees– TorFX doesn’t charge any fixed fees.

Main currency:

GBP, EUR

Number of currencies:

60

Conversion fee:

The company gets its revenue from the exchange rate spread between interbank rates and the rate it charges its customers. TorFX charges between 1.91% for larger transfers and 2.71% for smaller transfers of about 1000 USD.

Other Fees– TorFX has no hidden fees. The only fees you have to watch out for are those charged by sending and receiving banks. To minimise them, use TorFX contracted banks both in the host and destination country.

Other currencies:

MAD, NZD, AED, AUD, CAD, CHF, CZK, DKK, HKD, HRK, HUF, ILS, INR, JPY, KWD, NOK, OMR, PLN, QAR, RON, SAR, SEK, SGD, THB, TRY, CNY, MXN, RUB, EGP, KES, PHP, UGX, BWP, LKR, BHD, MUR, XCD, FJD, LTL, TTD, MTL

Referral program:

Refer a friend and earn a gift card worth £50 to spend on Amazon.

Money transfer

Business account

Money transfer
Money transfer speed:

Few hours up to 2-3 business days.

Business account
Business account has IBAN:

No

Business account has SEPA:

Yes

Business account has SWIFT:

Yes

Business account has business card:

No

Business p2p fee has conversion:

Yes

Business account deposit methods and fees has conversion:

No

Business account withdrawal methods and fees has conversion:

No

Business account affiliate program:

- Refer a Business and Earn 100 GBP.

- Introduce your clients to money-saving currency transfer services, generate revenue and expand your reach.

Business account opening fee:

O EUR

User Reviews

Emelin Leveque

staff very good good service quick transfer no problems

Mana Durand

DONOT USE THEM Horrible service, took ages to transfer the money, and they had a recipient bank's fee as a surprise which was more than if I'd transfer my money directly from my bank account in Australia, I'd save more!! They don't mention this when they charge you online anywhere in their website. DON'T RECOMMEND THEM, YOU WOULD LOSE MONEY!!!

Osips Kronvalds

I'm really greatful that I found TorFX they have been really helpful and I would be happy to recommend them to family and friends they have been really helpful.

Maud Klein

I am very pleased that we found out about TorFX - the customer service is second to none! I have been assigned an agent who can look after all my needs. He guided me through the setting up process and now I have the ability to do it alone. Thank you TorFX!

Andzelms Budreiko

Great experience and will be using again. Thank so much for all of your help James!

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