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Money Transfers

OnlineFX international money transfers are a convenient, secure and cost effective way to transfer money to bank accounts in over 70 countries worldwide. Our money transfers are carried out using the same systems as major banks, and our dealers are committed to obtaining an advantageous exchange rate for all transfers.

International Money Transfer

Choose your currency by country to transfer money quickly and easily online. If the country you wish to transfer money to is not on the list, contact us using our simple enquiry form and we will advise you whether we can make a money transfer to this location or make an alternative recommendation.

To find out more about money transfer rates, call us on 0207 835 1323.

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 or emailed back to us on 0207 298 3809 (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 money transfers, please do not hesitate to contact us on 0207 835 1323.

Restrictions

We regret that we are unable to carry out some 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.

Why transfer money with us?

There are many reasons why OnlineFX is the best choice for international money transfers. We offer a much faster service than bank transfers as 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. 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. If you need an international remittance for business transfers, please complete our business transfer request form.



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