TorFX Best Exchange Rates - Case Studies

| |

Below are two case studies of real people who have used international money transfer brokers (TorFX in this case) to save them money and make sure they make currency exchange savings:

 

A Case Study of a Business International Money Transfer

Safety Glove Manufacturer

One of our longstanding corporate customers operates in the manufacturing sector, managing the production of safety gloves for various industries. They’ve been using TorFX to manage their monthly foreign exchange requirements since 2010.

The company has to make EUR and USD transfers on a monthly basis in order to purchase raw materials and repatriate earnings from finished products.

Before the company started using TorFX, their bank was taking over 2% per transaction. By using our services Tornado have saved approximately £155k in fees alone.

 

-------------------------------------------------------

 

 

A Case Study of a Consumer International Money Transfer

Paul and Lyn

Paul and Lyn moved from Hertfordshire in the UK to Kangaroo Valley in Australia in 2004. They’ve been using TorFX to manage their currency transfers since 2015, and over the years we’ve helped them send funds to their son in the UK and manage their pension payments.

‘We set up a monthly transfer to our son’s bank account with TorFX and saved on the fees our AU bank and my son’s UK bank would have charged. We’ve been very happy with the service, guidance and friendly contact we receive from TorFX and have recommended their services to other expats in Australia.’

Paul and Lyn were also due to make a substantial GBP/AUD transfer but delayed after the UK’s vote to Brexit weakened the pound. Now we keep them updated on the latest exchange rate news so they can move their money at the right time.

 

-------------------------------------------------------

Get a business or consumer quote for sending money

get money transfer quotes - torfx.jpg


Most Read

Use Our Currency Comparison Tool

Editor's Choice

The website and the information it provides on this site is for informational purposes only, and does not constitute an offer or solicitation to sell shares or securities. None of the information presented is intended to form the basis for any investment decision, and no specific recommendations are intended. Accordingly, this website and its contents do not constitute investment advice or counsel or solicitation for investment in any security. This website and its contents should not form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. FX Compared Ltd expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.