MTFX offers you a simple and secure solution for receiving foreign exchange payments with local in-market payment solutions. We provide your business the ability to offer various payment options to your customers so they can pay in local currencies allowing you to receive funds easily.
At MTFX we focus on helping you grow your business by removing the barriers of overseas payments.
An all-in-one dedicated online portal for your business with transparent pricing and access to our market experts to help you at any time.
Our technologieswill automate your receivable processes enabling you to reconcile payments online and easily update your accounting system entries simultaneously.
Easily set rate trigger alertsfor your targeted exchange rate so you can optimize cash flow.
We help you focus on improving your bottom line by providing transparent exchange ratesso you can decide whether to convert or hold foreign currency funds for future use.
Your business will be able to offer various payment options to your customers so they can pay in local currencies. Receive funds easily by avoiding the complexities of opening and managing foreign bank accounts.
Receive instant notifications on receipt of incoming payments and full visibility on the availability of your funds.
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Who can use the MTFX payment service?
Individuals and businesses who need to send money in foreign currency internationally can use MTFX’s services. The beneficiary of the transfer must have a bank account for the funds to be paid into.
Personal clients usually use our services to transfer money between their own accounts in two different countries.
Business clients usually use our services to transfer funds to suppliers, fund international operations, or repatriate overseas earnings.
Why should I use MTFX and not my own bank?
MTFX offers currency exchange rates that are 2-5% better than those offered by the banks. Personal clients usually save hundreds of dollars per transfer and for larger transfers, the savings can run into the thousands.
We also offer excellent customer service, dedicated currency specialists, and a 24/7 online platform with best-in-class technology that allows you to complete transfers from any device virtually anywhere in the world.
Business customers save with better currency exchange rates and proven solutions geared towards managing and mitigating foreign exchange risk. Our solutions include forward contracts, market orders, rate alert services, and much more - all backed by great technology and great people.
How do customers send funds to MTFX?
Funds can be transferred via wire transfer, Electronic Funds Transfer (EFT), or ACH payment services. MTFX maintains bank accounts in all major currencies with highly-rated banks. Our banking infrastructure ensures that you can transfer funds to us quickly and securely.
How long does it take MTFX to transfer funds?
Our global network of banking partners allows us to get funds to virtually anywhere in the world quickly and efficiently. Most wire transfers from MTFX will be received by your beneficiary within 24-48 hours. MTFX also offers same-day transfers that are almost instantaneous, as well as low-cost in-country payment services for your less urgent transfers. For further information please speak to one of our currency specialists.