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| INTERNATIONAL FOREIGN EXCHANGE | |
| International Foreign Exchange (Foreign Exchange) | |
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| International Foreign Exchange (IFX) is a leading FSA regulated currency exchange specialist providing expert and highly cost-effective foreign exchange and money transfer services, helping its clients reduce the risk from currency fluctuations. IFX can help minimise the risk associated with foreign exchange transactions, provide peace of mind and save you money. All IFX private clients are assigned a dedicated account manager who will take the time to fully understand your requirements and concerns. | |
| Location: UK | |
| Languages: | |
| Advantages: 1. Your own dedicated consultant
2. Provide the strategies that will give you the most appropriate solution for your needs, with the least cost, stress and inconvenience.
3. Access to wholesale exchange rates not offered by your regular bank
4. No additional fees
5. Fixed margin between 0.1%-0.9% depending on size of transaction.
6. Prepaid currency card available to all IFX customers.
7. Free registration with no obligation to trade.
8. Able to offer no receiving bank charges
9. All client funds are held in a segregated account with our banking partner Barclays.
10. Daily market reports available on request. | |
| Disadvantages: 1. Longer registration process to non UK residents. | |
| Services: 1. Regular Payments.
2. Forward Contract.
3. Spot Contracts.
4. Limit Orders.
5. Stop Loss. | |
| Established: 2005 FCA 504007 | |
| Spread/Margin: 0.1-0.9% based on volume | |
| Costs/Fees: $0 above $1,000 | |
Rate Improved With Volume:  | |
| Transfer Methods: UK bank to foreign bank or vice versa | |
| Transfer Speed: Same day EUR, USD & CAD. Other currencies 24 hours. | |
| Transfer Minimum: $1,000 | |
Trust Accounts:  | |
| Online Trading Platform: No | |
| Currency Converter: No | |
| Forwards: A forward contract allows you to book the rate as it is today for delivery at a future date thus protecting you against currency fluctuations. This option will allow you to budget how much the future transfer will cost you today! You can fix an exchange rate for up to two years in advance, with the option to draw on these funds at any time. We will require a 10% deposit with the remainder payable on the contract maturity date. | |
| Regular Payments: If you need to make regular payments overseas the IFX Regular Payment Plan (RRP) will eliminate the stress and workload of organising regular currency transfers, and save you money. | |
| Security Statement: See website for details. | |
| Terms and Conditions: See website for details. | |
| Number Of Currencies: 50 | |
| Currencies Available: 1. Bahrain BHD Dinars.
2. Botswana BWP Pulas.
3. Bulgaria BGN Leva.
4. Croatia HRK Kuna.
5. Czech Republic CZK Koruny.
6. Ecuador USD US Dollar.
7. Egypt EGP Pound.
8. Estonia EEK Krooni.
9. Euro EUR.
10. Fiji FJD Dollars.
11. Ghana GHS Cedi.
12. Hong Kong HKD Hong Kong Dollar.
13. Hungary HUF Forints.
14. India INR Rupee.
15. Israel ILS New Shekels.
16. Jordan JOD Dinars.
17. Kazakhstan KZT Tenge.
18. Kenya KES Shilling.
19. Kuwait KWD Dinars.
20. Latvia LVL Lati.
21. Lesotho LSL Maloti.
22. Lithuania LTL Litai.
23. Madagascar MGA Ariary.
24. Malawi MWK Kwacha.
25. Mexico MXN Pesos.
26. Morocco MAD Dirhams.
27. Nigeria NGN Nairas.
28. Oman OMR Rials.
29. Pakistan PKR Rupee.
30. Philippines PHP Peso.
31. Poland PLN Zloty.
32. Qatar QAR Rials.
33. Romania RON New Lei.
34. Russia RUB Rubles.
35. Saudi Arabia SAR Riyals.
36. Serbia RSD Dinars.
37. Singapore SGD Dollars.
38. Slovakia SKK Koruny.
39. South Africa ZAR Rand.
40. Sri Lanka LKR Rupee.
41. Switzerland CHF Swiss Franc.
42. Tanzania TZS Shilling.
43. Thailand THB Baht.
44. Tunisia TND Dinars.
45. Turkey TRY New Lira.
46. UAE AED Dirhams.
47. USD USD Dollars.
48. Uganda UGX New Shilling.
49. Zambia ZMK Kwacha.
50. Zimbabwe ZWD Zimbabwe Dollars. | |
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| REVIEWS |
| International Foreign Exchange (Which Way To Pay - 9/4/2010) International Foreign Exchange is ranked 3 out of 5  |
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