Fexco Money Transfer


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Fexco Money Transfer

 

  • Fexco is a multinational financial services provider that offers personal money transfer services.
  • Founded and headquartered in Ireland in 1981, Fexco has operations in 29 countries worldwide and employs more than 2,000 people across Europe, the Middle East, Asia, North America, Latin America and Australasia.

FEXCO serves businesses with a wide range of innovative products and services, including Dynamic Currency Conversion, Bank to Bank Transfers, Retail FX, Managed Business Solutions and Tax Free Retail Services, processing more than $10 billion in transactions annually.

  • Fexco personal money transfers are, however, oriented toward large amounts,  typically transactions like international property purchases, cross-border mortgage payments, sales of property in other countries, pension payments across  borders, overseas education fees and similar.

Nonetheless, fees are kept relatively low. The service makes use of Mastercard Payment Gateway Services to enable FEXCO’s Dynamic Currency Conversion (DCC) solutions --  with which international transfers can be funded with the home currency.

Fexco also makes use of its network of banking contacts and high volume of turnover to provide exceptionally low rates for large-amount money transfers.

Registration is quite simple. Fexco asks for information from the client’s passport and uses that to verify the client’s identity.  There is no demand for large amounts of personal information. After registering, and providing funds, Fexco finds a low rate of exchange and makes the transfer with a good level of efficiency.

The speed of transactions is exceptionally rapid with funds reaching foreign bank accounts in a matter of hours, always on the same day.

As  financial institution  FEXCO is regulated by the Financial Conduct Authority, and maintains a high level of security.  FEXCO is the first Irish Payment Service Provider to receive the esteemed ISO 27001 Certification. Developed by the International Organisation for Standardisation (ISO) and awarded by Certification Europe, ISO 27001 is the recognized international standard for payments security.

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