About TorFX money transfer

"TorFx has been helping people save time and money on their currency transfers since 2004. They are part of a group that processes in excess of AU$ 12 billion in international payments a year and has worked with over 425,000 customers. In 2016, 2017, and 2022, TorFx received the Mozo Gold Award for Best Value International Money Transfers. "

How to register for TorFX Money transfer ?

To register for TorFX, you can follow these steps:

  1. Visit the TorFX website by clicking below link.
  2. Click on the "Register" button at the homepage's top right-hand corner.
  3. Fill out the registration form with your details, including your name, address, and contact information.
  4. Create a username and password for your account.
  5. Provide TorFX with additional information, such as your source of funds and the reason for your transfer.
  6. Once you have completed the registration process, you will receive an email from TorFX with instructions on activating your account.
  7. Follow the instructions in the email to activate your account and start using TorFX's services.

How to Send Money with TorFX Money Transfer ?

Step 1:

Log in to your TorFX account.

Step 2:

Click on the "New Transfer" button located on your dashboard.

Step 3:

Choose the currency you wish to send and the currency you wish to receive.

Step 4:

Enter the amount you wish to transfer and select the payment method you prefer.

Step 5:

Provide the recipient's details, including their name, address, and bank details.

Step 6:

Review your transfer details to ensure they are correct.

Step 7:

Confirm the exchange rate and any fees associated with your transfer.

Step 8:

Click "Confirm" to complete the transfer process.

Step 9:

Once the transfer is complete, TorFX will send you a confirmation email.

Required Documents for an online TorFX Money Transfer account?

  1. A valid photo ID, such as a passport or driver's license.
  2. Proof of address, such as a utility bill or bank statement that shows your name and address.
  3. The details of the recipient's bank account, including the name of the bank, the account number, and the IBAN or SWIFT code.
  4. Information about the purpose of the transfer, such as a contract or invoice.
  5. A completed transfer form or online application.

FAQ's

Since TorFX is subject to ASIC and FCA regulation in Australia and the UK, respectively, they uphold the highest standards of security. They demonstrate the confidence people have in them by processing payments totaling more than 3 billion pounds annually.

TorFX uses a smaller margin than banks normally does, allowing them to cover their costs while still offering a competitive service to customers.

Unlike banks, which usually charge a commission and a transfer fee to make overseas payments, transfers with TorFX are free.

It generally takes between 24-48 hours for the funds to hit your recipient's account from the time of transfer, though it can take longer for less frequently traded currencies.

Create an account Start a transfer Enter receiver's details Pay for your transfer

With the TorFX App you can secure excellent exchange rates and manage your currency transfers on-the-go, 24/7. Other benefits of the app include being able to check live exchange rates.

The cost and speed of a money transfer depends on the receiving country, the receive method as well as how it is paid for. Currently, there are a maximum of four different receive methods available on WorldRemit.

To refer a friend to TorFX in Australia, you can follow these steps: Sign in to your TorFX account or create a new one if you haven't already. Click on the "Refer a Friend" option in the menu. Enter your friend's details, including their name and email address. Your friend will receive an email inviting them to sign up for TorFX. Once your friend signs up and completes their first trade, you will both receive a referral bonus. You can track the status of your referrals in the "Refer a Friend" section of your TorFX account.