Reviews 42,192 | Excellent
Azimo Ltd is an electronic money institution
focused on international money transfers. Azimo Ltd offers international payments, international payrolls to natural persons, business entities. In 2019 Azimo Ltd had total assets of 18.34 mln GBP, Azimo Ltd generated net income of -1,449,349.00 GBP. Incorporated in the United Kingdom, Azimo Ltd is authorized and regulated by the Financial Conduct Authority.
Reviews 3,476 | Excellent
Tor Currency Exchange Limited is an electronic money institution
focused on international money transfers. Tor Currency Exchange Limited offers money transfers, regular payments, repatriation of funds, virtual accounts to individuals, businesses. In 2019 Tor Currency Exchange Limited had total assets of 108.42 mln GBP, Tor Currency Exchange Limited generated net income of 7.59 mln GBP. Incorporated in the United Kingdom, Tor Currency Exchange Limited is authorized and regulated by the Financial Conduct Authority. Tor Currency Exchange Limited is doing business as TorFX.
Azimo Business Focus
international money transfers
- international payments
- international payrolls
- natural persons
- business entities
View Azimo Profile +
TorFX Business Focus
international money transfers
- money transfers
- regular payments
- repatriation of funds
View TorFX Profile +
Compare Money Transfers
|Speed||0-4 days||1-2 days|
|Amount Range||10.00 GBP - 250,000 GBP||100 GBP - unlimited|
|Countries||195+ countries||120+ countries|
|Currencies||150+ currencies||40+ currencies|
- bank accounts
- debit cards
- credit cards
- bank accounts
- mobile phone accounts
- cash pick-up points
- one-time payments
- regular payments
- large amounts transfers
- spot contracts
- forward contracts
- market orders
- limit orders
- stop-loss orders
The exact fee can vary based on where you are sending to and from,
and the chosen delivery method.
TorFX does not charge anything outside of the actual exchange rate TorFX quotes.
TorFX secures a highly competitive exchange rate.
On average, a transfer with Azimo takes one working day.
The delivery time of a transfer may vary depending on:
- the country the money is being sent to,
- the chosen delivery method
- and the way a sender pays for the transfer.
Payments done by card are a much faster option, as they only take a few minutes to reach Azimo's account.
In order to transfer money quickly, Azimo holds funds in most currencies around the world
which means that it can send money instantly to 60+ countries.
It can take 1-2 working days for the money
to arrive depending on the currencies involved and the destination country.
Azimo allows to send money from 25 countries, namely:
Azimo allows to send money to more than 195 countries.
A sender needs to transfer the full amount from his/her own bank account into Azimo's
bank account. This can be done through online banking, calling the bank,
or visiting the bank's branch in person.
•Personal Debit and Credit Cards
- A sender should be using his/her personal card, so that the name on the card should match the name on his/her Azimo account
- The maximum sending amounts for card payments is around 13,500 EUR
- Azimo do not accept the following card types:
- Prepaid cards
- Virtual cards
- American Express
- Miles & More
TorFX offers sending money from a sender's TorFX account only.
So, to be able to perform a transfer, a sender should first open an account with TorFX and
deposit enough money to this account.
TorFX account can be topped up from the sender's bank account as well as
via Visa debit cards and bank cheques. Both the cards and bank cheques
should be nominated in GBP. Client funds are held at segregated TorFX's client accounts
with Barclays bank.
Direct to bank is a transfer when the money is delivered straight to the recipient’s
bank account in local currency.
Mobile top-up is a transfer where a sender can add credit to the recipient’s
local mobile number. Mobile top-ups are usually processed within minutes.
A mobile wallet is an electronic wallet that allows to store, send and receive money
on a cleint's mobile phone.
Cash pick-up is a transfer when the transfer's recipient can collect as physical cash
from over 200,000 secure pick-up locations around the world.
Home delivery is a transfer where the money is securely delivered straight to
the recipient’s door within 24 hours.
TorFX offers sending money to bank accounts only.
AED (UAE dirham)
AUD (Australian dollar)
BHD (Bahraini Dinar)
BWP (Botswana Pula)
CAD (Canadian dollar)
CHF (Swiss franc)
CNY (Renminbi (Chinese) yuan)
CZK (Czech koruna)
DKK (Danish krone)
EGP (Egyptian Pound)
FJD (Fijian Dollar)
GBP (Pound sterling)
HKD (Hong Kong dollar)
HRK (Croatian kuna)
HUF (Hungarian forint)
ILS (Israeli shekels)
INR (Indian rupee)
JPY (Japanese yen)
KES (Kenyan Shilling)
KWD (Kuwatiti Dinar)
LKR (Sri Lankan Rupee)
MAD (Moroccan Dirham)
MUR (Mauritian Rupee)
MXN (Mexican peso)
MTL (Maltese lira)
NOK (Norwegian krone)
NZD (New Zealand dollar)
OMR (Omani Rial)
PHP (Philippine peso)
PLN (Polish złoty)
QAR (Qatari Riyal)
RON (Romanian new leu)
RUB (Russian ruble)
SAR (Saudi riyal)
SEK (Swedish krona/kronor)
SGD (Singapore dollar)
THB (Thai baht)
TRY (Turkish lira)
TTD (Trinidad and Tobago dollar)
UGX (Ugandan Shilling)
XCD (East Caribbean dollar)
Advantages and Disadvantages
Advantages of Azimo Transfers•Fast transfers to 195+ countries
•Available for individuals and business entities
•Variety of receiving options
•Variety of sending options
•First two transfers are fee-free
Advantages of TorFX Transfers•Spot and forward contracts
•Available to personal and business customers
•Dedicated account managers
Disadvantages of Azimo Transfers•Sending money available from Europe only
•May not be the cheapest option
Disadvantages of TorFX Transfers•Bank-to-bank transfers only
•No cash exchange or pre-paid travel cards
How Azimo Transfers Work
Login or register
Login or register at Azimo website.
Enter recipient details and amount
Set up the transfer by entering all details yourself or requesting
them via Azimo's app.
Visa, Master Card, Maestro and bank transfers accepted.
Money from our local partner's account is sent to your
recipient's bank or cash pick-up point.
Money can be delivered in minutes to a few days,
depending how fast your recipient's bank can process it.
You receive e-mail confirmation.
How TorFX Transfers Work
Register with TorFX
Registering online or by phone with TorFX is fast, free and easy.
Get a Rate
Once registered you can get a quote or secure a rate online or over the phone.
Arrange Your Transfer
Buy currency online or over the phone with your account manager.
Your purchased currency will arrive safely into your nominated bank account.