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International Money Transfers for Business

If your business trades internationally, you understand all too well how important it is to have the right foreign exchange strategy in place to pay for suppliers and goods abroad. Go wrong here and you could waste an enormous amount of money and time - as you know, time and money means everything to most businesses. OnlineFX recognise this which is why we design bespoke corporate money transfer packages guaranteeing the best possible rates with no hidden costs. Our transfers offer the same security as bank transfers; however, we charge a fraction of the cost and complete all transfers in usually a fraction of the time.

Whether you require a single account for your business, individual departments or individuals, we can set up a central account for your organisation, or act as a preferred supplier to departments or individuals. The choice is yours.

We offer Business Customers highly competitive exchange rates and will be delighted to negotiate exceptional rates on larger currency amounts.

Common Reasons for Corporate Money Transfers

Buying a property abroad
Building Maintenance Fees
Utility Bills
Paying taxes overseas
Insurance policies
Stocks
Bank Loans

Corporate Money Transfer - Salaries / Payroll

Companies sending employee salaries abroad often miss out on huge savings by leaving this to the banks to process. Why waste your hard earned money? Simply set up a Standing Order (or process manually if you wish), and we guarantee your staff will be paid on time at the best possible rates.

Why transfer money with us?

There are many reasons why OnlineFX is the best choice for corporate international money transfers (IMT’s). We guarantee a much faster service than bank transfers as our money transfers take just one or two working days to reach countries in Western Europe and North America, and four working days for the rest of the world. In comparison, bank transfers can take much longer to clear. In some cases, our money transfer system will even clear funds on the same day.

Our money transfer rates are based on currency dealing, meaning our money transfer service can be particularly advantageous for businesses carrying out larger currency transactions.

Extensive Portfolio of International Businesses

Over the years, we have acquired an extensive portfolio of international businesses working with OnlineFX. Without exception, we guarantee all our customers::

Highly Competitive Rates of Exchange
No commission and no hidden fees
A transaction that is 100% secure
A fast and efficient service
Same day service possible in certain parts of the world
Bank to bank transfer in 70 countries

We will help you cover all your corporate money transfer needs including:

Transfer cost

Transfer costs are £15.00 and we are currently offering all new customers a free transfer on their first order if it is over £750.00. Compare that with up to £30 for each transfer charged by high street banks.

How to complete a money transfer online

It couldn't be easier to transfer money with OnlineFX - just complete our international money transfer request form and one of our operators will contact you by email to complete your transfer, following the step-by-step process listed below.

Completion of the international money transfer request form does not place you under any obligation to use our money transfer service; it simply enables us to review your details and to identify any queries we may have about your transfer request. If you would like us to call you to discuss any aspect of money transfers, please make use of the 'call me' facility in the method of payment field included on the international money transfer request form and one of our operators will be in touch.

Step One

Upon receipt of your international money transfer request form, we will check the details and email back a completed official form for you to review. This will confirm the Indicative Rate for the currency you have requested, and will also give you a chance to check that the details you have sent us are correct.

This form requires a signature and can be faxed back to us on 020 7224 5723 (INT code 00 44) if you are in agreement for the money transfer to take place. You will then need to transfer to our bank the money you wish to use for your international money transfer. Our bank account details are included on the form we send you, and payment to our account can be made by online banking transfer, BACS or chaps. Regular account customers can make money transfer payments using debit cards.

Step Two

Upon receipt of the cleared funds to our account, we will confirm the exchange rate of your money transfer with you and process the international money transfer immediately.

Step Three

As soon as the money transfer has been processed and the transferred funds have left the country, you will receive an email confirmation that contains a unique reference number for your money transfer. Please keep this for your records.

If you are looking to transfer a large amount of money, we may require additional information in accordance with money laundering compliance regulations. If your money transfer is for a larger amount, one of our operators will contact you about this procedure. The current cost to make a money transfer is £15.00.

Please be aware of additional charges

Your international money transfer may be subject to additional charges.

Some banks use an intermediary bank to process money transfers on their behalf, and these banks may make an administration charge. All receiving banks make an administration charge for receiving money 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 of the transfer has with the bank.

These are not OnlineFX charges and we are unable to accept responsibility for any amount deducted following your money transfer. Please check with the recipient, especially if the amount of your money transfer is critical, e.g. payment of bills or property purchase.

If you have any queries about international corporate money transfers, please do not hesitate to contact us on: 020 7224 5799.

Restrictions

We regret that we are unable to carry out same currency money transfers, e.g. Sterling transfers or Dollar account to Dollar account transfers.

Transfer amount

We have no minimum or maximum restrictions on the amount of money you wish to transfer. Simply make your cleared funds available to us and we will take care of your money transfer.

Register For International Money Transfers [Click here]

Once we have received your details an operator will contact you to answer any further questions

Please call us on 0207 224 5799 for further information on corporate money transfer rates.