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TorFX

Torfx is an international money transfer and foreign exchange provider for personal and business customers.

Quick Facts
Founded 2004
Currencies 40+
Countries 120+
Transfer fee No TorFX transfer fee
Minimum transfer £100
Maximum transfer No maximum stated
Transfer speed Same day–2 working days*
Regulated by FCA
Account manager Yes
Business transfers Yes
Mobile app Yes

*Depending on currency, destination and banking circumstances.

TorFX Overview

TorFX is an international money transfer and foreign exchange provider established in 2004. It is operated by Tor Currency Exchange Ltd, a UK-registered company authorised by the Financial Conduct Authority (FCA) as an Electronic Money Institution.

TorFX specializes in international currency transfers and foreign exchange, serving both personal and business customers. Individuals can use the service for purposes such as moving money overseas, while businesses can access international payment and foreign exchange solutions.

The company provides international transfers across 40+ currencies and 120+ countries, with operations and offices spanning the UK, mainland Europe, Australia, the US and South Africa.

  • Supports 40+ currencies
  • Live exchange rates on website
  • Online, phone and app-based service

TorFX

4.9/5 (based on 10,222 reviews)

Visit TorFX

Opens the provider's own site. You pay them directly — we never handle your money.

Trusted & regulated

FCA regulated. Fund Safeguarding

Not yet verified

Quick take

  • Supports 40+ currencies
  • Live exchange rates on website
  • Online, phone and app-based service
  • Transfer fee Varies by route
  • Exchange-rate margin Around 0.20%
  • Transfer speed Minutes to 2 days
  • Minimum amount $100.00

How much will it cost? (try your own amount)

Sending $1,000.00 from United States to Kenya

Amount sent $1,000.00
Transfer fee No fee
Exchange rate 129.2975 USD → KES
Recipient gets KSh129,297.54
Total cost $2.00 (0.2%) Fee plus exchange-rate margin

Best on this route today No other provider we track delivers more on this transfer right now.

Estimated · general pricing Fees and rates vary by country, payment method and amount. Always confirm the final figure on the provider's own screen before paying. Compare all providers for United States → Kenya

See how this compares with other providers

$1,000.00 from United States to Kenya

Reference rate 1 USD = 129.5567 KES Updated 7 hours ago · open.er-api.com

6 providers Up to KSh1,548.21 more for your recipient with the best option

Amounts are estimates based on the mid-market reference rate and each provider's published or typical pricing. The final amount is confirmed by the provider at checkout.

  1. TorFX

    4.9 / 5 editorial rating
    Highest estimated payout
    Recipient gets KSh129,297.54
    Transfer fee
    No fee
    Exchange rate
    129.2975
    Delivery
    Minutes to 2 days
    Go to TorFX (opens in a new tab)
    Estimated · general pricing Route availability not yet confirmed Pays out by Bank deposit
    How this is calculated
    You send
    $1,000.00
    Transfer fee
    − No fee
    Amount converted
    $1,000.00
    Exchange rate
    × 129.2975 (0.20% below reference)
    Recipient gets
    KSh129,297.54
    Total cost of transfer
    $2.00 (fee + exchange-rate margin)

    Based on the provider's general fees and margin, not route-specific pricing.

  2. OFX

    4.3 / 5 editorial rating
    Recipient gets KSh128,908.87 KSh388.67 less than the top result
    Transfer fee
    No fee
    Exchange rate
    128.9089
    Delivery
    1–3 business
    Go to OFX (opens in a new tab)
    Estimated · general pricing Route availability not yet confirmed Pays out by Bank deposit
    How this is calculated
    You send
    $1,000.00
    Transfer fee
    − No fee
    Amount converted
    $1,000.00
    Exchange rate
    × 128.9089 (0.50% below reference)
    Recipient gets
    KSh128,908.87
    Total cost of transfer
    $5.00 (fee + exchange-rate margin)

    Based on the provider's general fees and margin, not route-specific pricing.

  3. Wise

    4.9 / 5 editorial rating
    Featured
    Recipient gets KSh128,714.54 KSh583.00 less than the top result
    Transfer fee
    $6.50
    Exchange rate
    129.5567
    Delivery
    Seconds to 2 business days
    Go to Wise (opens in a new tab)
    Estimated · general pricing Last verified September 22, 2026 Route availability not yet confirmed Pays out by Bank deposit
    How this is calculated
    You send
    $1,000.00
    Transfer fee
    − $6.50 ($1.50 + 0.5%)
    Amount converted
    $993.50
    Exchange rate
    × 129.5567
    Recipient gets
    KSh128,714.54
    Total cost of transfer
    $6.50 (fee + exchange-rate margin)

    Based on the provider's general fees and margin, not route-specific pricing.

    Wise availability and pricing can change, so users should verify current details on Wise before sending money.

  4. WorldRemit

    4.2 / 5 editorial rating
    Recipient gets KSh128,264.45 KSh1,033.09 less than the top result
    Transfer fee
    $1.99
    Exchange rate
    128.5202
    Delivery
    Minutes to 3 days
    Go to WorldRemit (opens in a new tab)
    Estimated · general pricing Route availability not yet confirmed Pays out by Bank deposit, Cash pickup, Mobile money, Digital wallet
    How this is calculated
    You send
    $1,000.00
    Transfer fee
    − $1.99 ($1.99)
    Amount converted
    $998.01
    Exchange rate
    × 128.5202 (0.80% below reference)
    Recipient gets
    KSh128,264.45
    Total cost of transfer
    $9.97 (fee + exchange-rate margin)

    Based on the provider's general fees and margin, not route-specific pricing.

  5. Western Union

    4.1 / 5 editorial rating
    Sponsored
    Recipient gets KSh128,261.09 KSh1,036.45 less than the top result
    Transfer fee
    No fee
    Exchange rate
    128.2611
    Delivery
    Minutes to 1 business day
    Go to Western Union (opens in a new tab)
    Estimated · general pricing Last verified September 22, 2026 Route availability not yet confirmed Pays out by Bank deposit, Cash pickup, Mobile money
    How this is calculated
    You send
    $1,000.00
    Transfer fee
    − No fee
    Amount converted
    $1,000.00
    Exchange rate
    × 128.2611 (1.00% below reference)
    Recipient gets
    KSh128,261.09
    Total cost of transfer
    $10.00 (fee + exchange-rate margin)

    Based on the provider's general fees and margin, not route-specific pricing.

  6. Remitly

    4.7 / 5 editorial rating
    Recipient gets KSh127,749.33 KSh1,548.21 less than the top result
    Transfer fee
    $3.99
    Exchange rate
    128.2611
    Delivery
    Minutes (Express) / 1–3 days (Economy)
    Go to Remitly (opens in a new tab)
    Estimated · general pricing Route availability not yet confirmed Pays out by Bank deposit, Cash pickup, Mobile money
    How this is calculated
    You send
    $1,000.00
    Transfer fee
    − $3.99 ($3.99)
    Amount converted
    $996.01
    Exchange rate
    × 128.2611 (1.00% below reference)
    Recipient gets
    KSh127,749.33
    Total cost of transfer
    $13.95 (fee + exchange-rate margin)

    Based on the provider's general fees and margin, not route-specific pricing.

1 provider not shown for this search
  • XE — Minimum transfer is $3,000.00

We may earn a commission when you use the links on this page. This never affects the ranking, which is based on the amount your recipient receives.

Is TorFX right for you?

TorFX may suit people who regularly send money internationally, particularly those making larger transfers, buying property overseas, receiving overseas income, or managing recurring payments. It supports transfers in 40+ currencies to 120+ countries and serves both personal and business customers. TorFX also offers dedicated account managers, online and app-based transfers, and regular payment services.

For smaller transfers, its online platform supports payments from £100, while there is no stated overall maximum for personal transfers. Regular overseas payments are available for recurring commitments such as mortgages and pensions.

Key features

  • Supports 40+ currencies
  • Live exchange rates on website
  • Online, phone and app-based service

Pros & cons

Pros

  • no maximum limit on money transfers
  • excellent customer service scores
  • competitive deals for big transactions

Cons

  • Limited number of currencies
  • bank transfers only

Customer ratings

4.9/5

  • Fees & rates 4.5/5
  • Speed 4.5/5
  • Ease of use 4.5/5
  • Customer support 5.0/5
Needed to transfer some money into our French bank account quickly to pay an upcoming bill. Everything went very smoothly and very efficiently. A special big thank you to Dan Jager for all his helpfulness and patience.
— Mrs Powell, UK (TrustPilot)

Scores are our editorial assessment, with customer feedback taken into account.

How to send money with TorFX

  1. Get started with TorFX

    Open the TorFX website or mobile app to begin your transfer.

  2. Create an account

    Sign up with TorFX using your email address or phone number and set a secure password.

  3. Verify your identity

    Upload a government-issued ID and, where required, proof of address. Verification is a legal requirement and usually takes a few minutes.

  4. Add recipient details

    Enter your recipient's name and select how they will be paid — bank deposit, mobile money, digital wallet or cash pickup.

  5. Pay for your transfer

    Fund the transfer with a bank transfer, debit card or credit card. Review the fee and the guaranteed amount your recipient will receive before you confirm.

  6. Track delivery

    Follow the transfer status in your account or app and receive a notification when the funds arrive.

Where you can send, and how

Transfer (pay-in) methodsBank deposit · Mobile money · Digital wallet
Payout methodsBank deposit

Frequently asked questions

Does TorFX charge a transfer fee?

TorFX says it does not charge a transfer fee or additional cost outside the agreed exchange rate. However, intermediary or receiving banks may charge their own fees.

How long does a TorFX transfer take?

Transfer times depend on the currency, destination and receiving bank. TorFX says funds can arrive the same day, while some transfers to more exotic destinations can take up to two working days.

What countries and currencies does TorFX support?

TorFX says it supports transfers to more than 120 countries in over 40 currencies, including USD, EUR, AUD, NZD and ZAR. Availability can depend on the specific currency and destination.

Is there a minimum or maximum transfer amount with TorFX?

TorFX says it has no overall maximum transfer limit. Its online platform can handle transfers from £100, while larger transfers can be arranged with an account manager.

We may earn a commission when you use the links on this page. This never affects the ranking, which is based on the amount your recipient receives.

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