written by orionsquare on 12/07/2013
I wanted to transfer a sum of a few thousand pounds to my Singapore Account. I checked with my regular high street bank for the rates and they wanted £10 admin fees and the exchange rate was very poor. I am very glad I found HiFX online and used their services because their admin fee was £9 to carry out the same transfer and the exchange rate was much higher ($0.05 more per £ which soon adds up if you are transferring thousands of pounds). My regular bank normally takes about 3 clear working days to make the Telegraphic Transfer so if I request for payment on a Monday, it will only reach my Singapore account on Friday. HiFX is so efficient that when I requested for payment on Wednesday, the money left my UK account on Thursday and the money credited to my Singapore account on Friday. Whoopee! What a fantastic transaction. No fuss, no need to pass identification rubbish that some other international money transfer companies make you go through. The transaction was a breeze. I highly recommend HiFX. Thanks so very much for your service!