Introducing our partnership with TorFX

We’re excited to announce our partnership with TorFX, bringing you access to their award-winning currency transfer services. Whether you're an accountant handling your clients’ finances or a business navigating foreign exchange and making/receiving international payments, TorFX is here to make currency transfers more straightforward and cost-effective.

TorFX offer expert guidance from a dedicated Account Manager, excellent exchange rates, and a range of flexible tools to help you manage currency risk. With their service, you can streamline your overseas payments, enhance profit margins, and reduce financial uncertainty – all without paying transfer fees.

Your clients can access these services via your white label Practice Portfolio website.

Save money and streamline your currency transfers

How can I make my overseas payments simpler and more cost-effective?
Transferring money overseas comes with challenges. Uncompetitive exchange rates and hidden fees can eat away at your funds, while market volatility can make it difficult to find the right time to transfer.

Fortunately, you can easily overcome these challenges by using TorFX. They specialise in providing a high-touch service – offering free guidance and insights from a dedicated Account Manager – paired with excellent exchange rates, no transfer fees, and a range of transfer tools.

Getting a great deal on your transfers
When it comes to getting a great deal on your currency transfers, there are two key things to consider: exchange rates and fees.

It’s vital you secure a competitive exchange rate – like those we offered by TorFX – so you can get more from your money. It’s also important that you time your transfer for when the exchange rate is strong, which we’ll cover in more detail below.

In addition, keep an eye out for any fees. Some banks and currency providers advertise an enticingly strong exchange rate, before tacking a hefty fee on at the end.

 TorFX, don’t charge transfer fees. The exchange rate you see is what you get.

Furthermore, it’s completely free to open a TorFX account and talk to your Account Manager. You can get expert guidance and market insights free of charge, and there’s no obligation to use the services once you’ve created an account.

Navigating currency volatility
Exchange rates are constantly moving, which can be frustrating when you’re handling currency transactions. But FX volatility can create opportunities as well as challenges, and there are ways to mitigate the risks.

For instance, you could use market orders to target particular exchange rates. A limit order allows you to set a rate above the prevailing rate, while a stop loss order allows you to define a worst-case scenario. Your transfer will automatically be triggered if the market reaches either of those levels, allowing you to hold out for a higher rate while being protected from a sudden slump.

Meanwhile, forward contracts allow you to lock in an exchange rate ahead of making a transfer. While you won’t benefit if the rate improves, you will be protected from any adverse market movements.

These currency tools provide certainty when it comes to budgeting and financial planning. They can also result in significant savings, when used effectively.

Your TorFX Account Manager can guide you through these tools – and the other transfer options they offer – while providing regular market updates and insights. This way, it’s far easier for you to know when to transfer and which tool is right for the job.

Ready to simplify your currency transfers?
If you’re looking to save time and money on international payments, open a corporate currency transfer account with TorFX today, please enquire here. Register now and gain access to expert insights, competitive exchange rates, and powerful transfer tools designed to support your business.

Whether you manage your own finances or assist clients with theirs, TorFX can help you make the most of every transfer.

For more information, or for a quote, please click here.