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Personal Money Transfer
Saving money on Private Foreign Exchange is simple with ICE
If you're emigrating, investing in foreign property or have any other kind of international money transfer to make, leading currency broker and ICE partner TorFX could help you save a substantial amount of money.
One-Off Personal Currency Transfers
Transferring a large sum of money overseas can be nerve wracking if you don't have the right support behind you. Exchange rates are highly volatile and can shift by as much as 10% in a matter of weeks, making it hard to pick the best time to make a trade. TorFX keep their clients up-to-date with the latest currency movements and market trends and ensure they have the constant support of their own personal Account Manager. Whether you're buying your dream home in the sun , transferring your savings for emigration purposes or treating yourself to a luxury item, TorFX can secure the most competitive exchange rate (often beating the banks by over 3%) and won't charge you transfer fees or commission.
Specialist services like Forward Contracts can also benefit those with a future currency exchange requirement – like the kind involved in a property purchase. It can take months to see a property purchase through from offer to completion, but by giving you the option of fixing a favourable rate for up to two years in advance of a trade, TorFX can help you safeguard your transfer from adverse market movements. You'll also know exactly how much your purchase is going to cost from the start so you can budget effectively.
TorFX offers a host of other services, including Limit Orders and Stop Loss Orders, and by talking through your requirements with your Account Manager, you can come to the most cost-effective and convenient solution for your needs.
Regular Overseas Payments
If you find that you need to move money abroad on a regular basis (to transfer wages or a pension, meet mortgage/rental costs or pay overseas school fees, for example) the Regular Overseas Payments service offered by TorFX could be just what you need.
Setting up a regular payments plan is simple and once it's in place, transfers are conducted automatically on a day of your choosing at the best possible exchange rate and with no transfer fees or commission costs. More than one plan can be taken out at a time, making the service perfect for anyone needing manage multiple regular transfers of between £500 and £10,000 on a monthly, bi-monthly or quarterly basis. As banks can charge £10-£40 per transfer, you could save hundreds of pounds in transfer fees alone over the course of a year.
So what are the benefits of using our partner TorFX for your personal forex requirements?
- Simple set-up
- No Transfer Fees and No Commission
- Low minimum transfer amount
- Expert guidance from a dedicated Account Manager
- Secure, automatic transfers (TorFX is authorised by the FCA)
- Flexibility, allowing you to change contract dates or amounts with ease