MTFX protects your business from market volatility 24/7 with real-time response to changes in exchange rates.
Target the rate with want
If you are flexible on the delivery date of your funds, limit orders will allow you to target a rate that is better than the current market. You set the amount and the currency you want for your business and when the market moves to your desired level, we will automatically complete a trade and lock-in your gains.
Manage your downside risk
Hedged funds, or Spot Loss orders, can protect your business against market volatility by setting a worse-case exchange rate. If the market moves to your risk threshold, your trade will be triggered automatically ensuring you are protected from any further loss.
Around the clock visibility on the market
Set up personalized rate alerts within your online business portal to monitor currency trends. Our market experts are available to help you 24/7 and can design and implement various solutions for your businesses unique FX payable, FX receivable, FX conversion and FX risk management needs.
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Using market orders to respond immediately to market changes
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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.