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    What Types of MTFX Accounts are Available and Which One Should I Choose?

    Last Update: 03 Oct 2025

    MTFX offers Personal and Business accounts for international money transfers. Opening an account takes only a few minutes online with a simple step-by-step process.

    Choosing the right account with MTFX ensures you have access to the most relevant tools, rates, and support, whether you’re managing personal finances across borders or running a company with international suppliers. In every case, you benefit from bank-beating FX rates, no transfer fees, and secure, regulated services.

    Personal accounts 

    A Personal account is designed for individuals who need to send or receive money abroad. It provides access to competitive exchange rates without hidden fees, making it ideal for:

    • Expatriates managing finances between countries
    • Freelancers receiving international payments
    • Families supporting relatives overseas
    • Buying overseas property
    • Individuals buying property, paying tuition, or covering other cross-border expenses

    With a Personal account, you can exchange currencies quickly, transfer funds securely, and track transactions online, all in just a few clicks.

    Business accounts

    MTFX’s business account supports companies of all sizes with both routine and one-off international payment needs. It goes beyond basic transfers, offering solutions to manage complex cross-border flows, such as:

    • Supplier and vendor payments
    • International payroll and contractor fees
    • Bulk payments or recurring payments
    • Multi-currency accounts to hold and pay in different currencies
    • Access to compliance support and planning tools 

    For businesses trading globally, a Business account provides speed, transparency, and scalability. By cutting bank fees and offering better exchange rates, companies can keep more cash flow and protect their margins.

    Why open an account with MTFX

    No matter which account you choose, every MTFX client benefits from:

    • Bank-beating exchange rates with no margin/markup
    • Access to advanced FX tools, such as live rates and rate alerts
    • Secure, regulated international payment services
    • Expert support tailored to your account type

    The verification process is fast and straightforward. Once approved, you can begin sending or receiving international payments the same day—with lower costs, faster settlement, and full visibility over every transfer. 


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    Contact our support team for quick, reliable assistance. We’re here to help you resolve any issues and keep your transfers moving smoothly.