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Graeme RAustralia
The personalised attention given to the customer by dedicated Account Managers is exemplary.
This is the ONLY way to remit funds overseas. Forget the banks' online platforms with terrible exchange rates, this is far superior. A tiny bit slower to receive funds o/seas, but plan your remittance timing and you can save hundreds of dollars in the vastly better exchange rates. My own account manager (Danielle) is only a call away. She listens to my personal circumstances and makes helpful suggestions and guidance.
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- Verified customer
Service above and beyond the call
Quite simply put I don't know if I could have put this project together without the help and guidance of Danielle Rolfe. She has been a shining light and a guiding hand throughout this whole process and I continue to seek her assistance and insight. This Lady works though issues and solves problems in a reassuring and confidant manner that I will not forget.. She has my Kindest Regards always.
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An incredibly professional experience
I have transacted several exchanges using TorFX and I have found them to be incredibly responsive and professional. Edward Zieger was my assigned representative and he was excellent. Communications were timely and effective and he was a pleasure to deal with. The rates achieved well exceeded comparable bank rates. After every exchange there were near instantaneous emails confirming the transaction details. Definitely 5 stars.
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Rebecca WatkinsGrasstree beach
- Verified customer
Excellent
Katy was amazing
I had an account manager who cared who was insightful and put me at ease for my first international transfer. I have already recommended her again to my clients
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First rate service
We highly recommend the team and service, they were very well informed, trustworthy and efficient. This helped build our confidence in the process and led to a very satisfactory outcome for us.
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- Verified customer
Absolutely brilliant service!
I can highly recommend Torfx and the service they offer. My account manager Katy Lord was absolutely fantastic. She answered all my questions and called me back immediately if it was needed. It was great to be able to speak to someone to walk me through the steps and make sure I knew exactly what to do. Thank you.
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Some sort of nonsense!
I was trying to register my new account with Torfx. The lady get back to me to get some documents e.g. ID and bills to prove the address. I sent her water bills which issued by the agency to prove the address and my security bond issued by the government to prove my address, non of them were accepted! The lady replied they can't accept bills which is issued by the agency! They cant accept security bond issued by the government etc.... At the end we sent back and forth and took 1 week and half just to tried to get the account registered. Nonsense! Just to prove to the address! I gave up, I contacted to OFX and sent the same document to them, everything was fine and done on one day!
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Woeful
After dealing for several years without issue, am told to submit a bank statement to say the money is mine being transferred. No attempt at all to solve the problem. Never deal with them, try alternatives.
1 comment
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Great service!
When we sold a property overseas, we asked our bank for a quote on the exchange of our proceeds to our local currency. The quote was a lot higher than we expected and forced us to to look for alternatives. After much research we settled on TorFx who helped us through the exchange, securely & efficiently with our own personal account manager who made it all so much easier. Thanks again to Gemma for a great personalized experience.
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FABULOUS
I received an inheritance from the UK, my account manager was patient, understanding and professional and guided me through every step whilst providing almost 6% more than my bank could.
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Excellent customer service and good rates, one confusing flaw.
TorFX says they have joint accounts, turns out they don't. Their idea of a "joint account" is that two people can share the same login details i.e. share a single account. Doh. This was very confusing and wasted quite a bit of time in my scenario of coordinating a series of related transfers between two people in different countries.
Customer service was otherwise great (thanks Natasha). I hope you prevail and get your IT and marketing people to pull their heads out of their fundaments and stop pretending that you have joint accounts, and actually implement them properly (i.e. two separate and distinct logins that can see the same set of contracts and transactions).
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Better options out there
Have used ozforex, xetrade, and torfx. Torfxs rates over the years no longer match xetrades on the currencies I used. Its like since they won the canstar award they now slightly rip you off. Another annoying thing is the need to call them or receive a call when transferring money. Very annoying when you are overseas.
My suggestion use xtetrade
2 comments
Laura P.TorFx
Hi Mark, thanks for your feedback. With TorFX Online you can arrange currency transfers online 24/7 without needing to call us. We do also offer a best rate guarentee, so we'll always try to beat a co... Read more
mpetitors quote. Please give us a call if you'd like more information. Best wishes, TorFXAppreciate the comment, but in all fairness I shouldnt have to join other companies, to get their rates and then for you to "try to beat them". You should offer the lowest rates before I have to put in that effort.
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lucygeeAU
- 4 reviews
- 1 like
Total crap
They took 6 days to tell me a US account, which i have previously transferred to with another broker, was "non-compliant".
Tor: Our compliance team has decided your account is non-compliant and we won't transfer the money
Me: Oh, can you explain to me why it is non-compliant
Tor: No the compliance team won't tell me
Me: Can you please ask the compliance team why?
Tor: I've spoken to them and i can't tell you.
Wow, you guys are so transparent and helpful.
1 comment
Laura P.TorFx
Dear Lucygee,
Thank you for the feedback. ... Read more
As you have mentioned, we were unable to proceed with your payment on this occasion. During our correspondence, we did attempt to assist you further by providing an alternate solution and it was decided by you that this not to proceed with this option. Subsequently, at your request, we returned your funds in full to your nominated account and we wish you well for any future requirements you may have. Best wishes, TorFXSimilar opinion? Write a review on ieatwords.com.au!
Excellent!
Thanks Sarah for your help! Very good rate and very helpful service. TorFX is a great company thank you so much
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Linda Van Der MerwePerth
Excellent company
Really great customer service and very easy process from start to finish. Definitely recommend for any international transfer. Thank you Sarah
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Very efficient and very safe
A very efficient and very safe way to transfer the fund from Australian $$$ to NZ $$$. Good rates make a huge difference in rewards. Highly recommended.
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GeorgieSydney
Torfx- the best foreign exchange company I have used.
Great rates and customer service - it’s a quick and easy process from start to finish . Thank you Sarah.
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Michelle spivey
- 2 reviews
- 1 like
A good experience
Katy talked me through the entire process and was up front with everything. She did what she said she would do and achieved what I wanted. I couldn't have asked for a better result and would recommend the company and Katy to anyone who asked,
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Would have been 8k better off with my bank
I exchanged 200k. If I had used the banks I would have been 8k better off. Also money is paid into their account overseas with no apparent security confirming where and who has your money. Would not recommend forex at all. Stick with your bank.
2 comments
Laura P.TorFx
Hi Phil,
We've sent you a message and will investigate the issues you've highlighted in your review as soon as we have a bit more information.
Best wishes,
TorFX
I provided the requested information almost two weeks ago and you have not contacted me. Can you please take some action and advise what you intend to do to resolve this situation. I have to give you ... Read more
an opportunity to redress my loss before I proceed to small claims court. RefardsSimilar opinion? Write a review on ieatwords.com.au!
Naoko Folkens
- 3 reviews
- Verified customer
Customer service less than helpful
I found the customer service to be less than helpful. Once they get you signed up you have to keep chasing them with any queries you have as they won’t answer emails in a timely manner. This was frustrating because I had a limited time window to get my account up and running to transfer funds from Japan. As a new customer I did have a few questions as a lot of money was involved by our standards, but maybe for them only the really big fish get the best customer service.
1 comment
Laura P.TorFx
Hi Naoko,
We're really sorry that you weren't happy with the service you experienced. We'd really like to discuss the issues you encountered, so one of our team will be in touch shortly.
Best wishes,
TorFX
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Questions & Answers
Ms.Jasked
How long the transfer going to receive from Uk to Philippines? Because my husband send me last October 17 suppose to receive october 19 bit until now not yet.. waiting the money to my account.. what Im going to do pls advise Im start to worry.. is that normal to have a delay??
1 answer
Laura P.TorFx
Hi, if you ask your husband to give us a call we'll be able to give him an update on the status of his transfer.
Best wishes, TorFX
warren yasked
Please can you advice me on ALL of your charges; I need to send a small amount of money to a Thailand account from Australia. Where are you based?
Thank you,Caroline
1 answer
Laura P.TorFx
Hi Caroline,
While we wouldn't charge anything for making the transfer, you might be charged intermediary fees.
The majority of banks throughout the world have correspondent/ intermediary banks in each country, which they use to clear the relevant currency.
It's very difficult to know what these third parties will charge as it's determined by their individual policies. It's also down to the receiving bank which banks the funds are routed through, so this is completely out of our control.
Please give us a call if you'd like more information!
Best wishes,
TorFX
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Laura P.TorFx
Hi Tony, we're really sorry to hear that you're unhappy with the service you received. We'd like to look into the issues you've raised, could you message us with your email address or Client ID so we're able to investigate?
Best wishes,
TorFX