OnlineFX International Money Transfers are an easy, secure and cost effective way to transfer money to bank accounts in over 70 countries worldwide. We offer highly competitive rates and to celebrate the launch of our new site, we are currently running a promotion offering a FREE transfer to all our new customers or to existing customers who refer a friend (normal charge £15).
Transfers are made using the same security systems as all major banks.
Upon completion of the International Money Transfer Request Form, an operator will contact you by email. Completion of this form places you under no obligation whatsoever to use our service. It simply enables us to review your details and identify any queries we may have. If you would like us to call you to discuss any aspect of money transfers, please use the “Call me” facility in the method of payment field on the form. We will then follow the step-by-step process listed below.
Upon receipt of your transfer request form, we will check your details then email you a completed official form for your review. This will confirm the indicative rate for the currency you have requested. It also gives you a chance to check that the details you have sent us are correct. If you are in agreement for the transfer to take place, please sign and either fax this to us on 020 7224 5723 (INT code 00 44) or emailed as a PDF to firstname.lastname@example.org. You will then need to transfer the funds you wish to transfer to our bank. The form we send you contains our bank account details. Payment to our account can be by: Online Banking Transfer, BACS or Chaps. Regular account customers can make payments using Debit cards.
Upon receipt of the cleared funds to our account, we will confirm the exchange rate with you and process the International Money Transfer.
The money transfer will be processed and once the transferred funds have left the country, a confirmation will be sent to you. This contains a unique reference number for your money transfer. Please keep this for your records.
Please Be Aware
We enforce strict Money Laundering Guidelines and all orders are thoroughly vetted.
Some banks use an intermediary bank to process transfers on their behalf - these banks may make an administration charge.
All receiving banks make an administration charge for receiving transfers. We are unable to advise on these charges as they vary from bank to bank and country to country. It can also depend on the arrangement the recipient has with the bank.
These are not OnlineFX charges and we are unable to accept responsibility for any amount deducted. Please check with the recipient, especially if the amount to be placed is critical, e.g. payment of bills, property purchase.
We are unable to carry out same currency transfers. e.g. Sterling transfers, Dollar account to Dollar account etc.
We have no minimum transfer amount.
A Faster Service Than Bank Transfers
Our Money Transfers take just two working days to reach countries in Western Europe and North America, and four working days for the rest of the world; however, in some cases our transfer system will clear funds the same day.
Our rates are based on currency dealing and can be particularly advantageous for larger currency transactions.
For all your personal money transfers including purchasing property overseas, importing a vehicle and for remittance for business[Transfer Request Form]. Please do not hesitate to contact us on: 020 7224 6034 if you have any questions.
Benefits of our Services
Thanks to the backing of some of the UK's largest foreign currency movers, Our experience in the field of foreign exchange and the reduced overheads of Internet trading, Online FX is able to provide it's customers great value for money by offering unbeatable rates, better than any high street bank or travel shop chain, at 0% commission.
Our International Money Transfer service provides a way of transferring money worldwide legally, securely and fast avoiding the unnecessary charges and unfavorable bank conversion rates.