Reviews 3,476 | Excellent
international money transfers
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.
- money transfers
- regular payments
- repatriation of funds
TorFX offers money transfers between more than 120 countries in more than 40 currencies. Money can be sent from bank accounts, debit cards and received to bank accounts. Transfers made with TorFX are usually completed within 1-2 days.
100 GBP - unlimited
- one-time payments
- regular payments
- large amounts transfers
- spot contracts
- forward contracts
- market orders
- limit orders
- stop-loss orders
Transfer Costs•Transfer Fees
TorFX does not charge anything outside of the actual exchange rate TorFX quotes.•Exchange Rate
TorFX secures a highly competitive exchange rate.
It can take 1-2 working days for the money
to arrive depending on the currencies involved and the destination country.
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)
Sending Methods•TorFX Account
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.
Receiving Methods•Bank accounts
TorFX offers sending money to bank accounts only.
Advantages of TorFX Transfers•Spot and forward contracts
•Available to personal and business customers
•Dedicated account managers
Disadvantages of TorFX Transfers•Bank-to-bank transfers only
•No cash exchange or pre-paid travel cards
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.
Alternatives to TorFX Transfers
Compare TorFX Money Transfers
Operations with Cryptocurrencies
TorFX do not conduct operations with
Total Assets (2019)108.42 mln GBP (+16.13%)
Gross Profit (2019)21.52 mln GBP (+8.72%)
Net Income (2019)7.59 mln GBP (-2.28%)
Mobile Application: TorFX Money Transfer
TorFX Money Transfer Supported Languages
Country of RegistrationUnited Kingdom
Authorization Granted23 March 2018
- issuance of electronic money
- placing cash to a payment account
- withdrawing cash from a payment account
- execution of payment transactions on a payment account (not covered by a credit line)
- execution of payment transactions on a payment account (using a credit line)
- issuing payment instruments or acquiring payment transactions
- money remittance
- execution of payment transactions via telecoms, IT system or network operator
Tor Currency Exchange Limited is authorized by the Financial Conduct Authority (reference number 900706) for issuance of electronic money, placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions, money remittance, execution of payment transactions via telecoms, IT system or network operator. The authorization was granted on 23 March 2018.
Due to EEA passport rules Tor Currency Exchange Limited, can conduct its activities in any of the 31 EEA member states. Tor Currency Exchange Limited do not participate in deposit guarantee schemes.
Cornwall Pz360 St. Marys Terrace, TR18 4DZ, Penzance, United Kingdom