Our solutions will ensure that your payments data will meet comprehensive industry and banking regulatory guidelines across multiple channels and currencies.
Our bulk file processing solution eliminates errors and risk giving you clear visibility on your funds. We use automation coupled with AI and machine learning technologies to combine various payment methods into a single integrated file format native to your businesses information system.
Reduce your exposure risk and improve cash flow by maintaining a balance in multiple currencies. Utilise your MTFX online business portal to transfer funds from your multi-currency holdings at any time.
How it works
Create an account
Our account opening process is fast and simple. Just fill in a few details and an MTFX team member will call you to complete setup.
Send your funds
Enter your bank recipient's bank account details and book your transfer. Send your funds through bank transfer or BPay.
Once we received the funds, we'll securely deliver them to your recipient. Most transfer takes 1-2 business days. Track them online or in-app.
To the banks, you're one of many. To us, you are critically important.
We prioritize your financial goals and we guarantee to beat the bank. Our dedicated support team is here when you need us, and your businesses online platform is available when you don’t.
Set up your account in minutes and instantly start sending funds. Our experienced team is available to help you 24/7.
We guarantee we will beat the bank. Low fees, low margins, no surprises. Our exchange rates are updated in real-time, so you always know the exact amount that you locked in.
We pride ourselves on using the latest innovative technologies to ensure your funds are sent and received safely and securely.
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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.
Please read the following update before logging in to your MTFX online account
We have updated our online dealing system to provide you with better functionality, more unique tools and an overall enhanced client experience. MTFX Online 2.0 is now available for your dealing needs. You can begin using our enhanced online portal today.
Please note that the traditional portal will be available for use until MAY 30th 2021 at which point it will be decommissioned.