VFX Money Transfer Review

voltrex
Margin Rate
Minimum Transfer
Transaction Fees
Transfer Timescales
Financial Regulation
1%
£500
£15 per payment
Sameday delivery on major currencies
Voltrex are authorised and registered

VFX Financial Plc is authorised by the Financial Services Authority (FSA), under the Payment Services Regulations (PSR) 2009 - registration number 541092 VFX Financial Plc Review

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Voltrex Currency Exchange Services

Voltrex are a dedicated ‘currency exchange’ company. This means that, unlike the banks, they serve to only offer currency exchanges. Their whole business relies on it, and thus, they have to ensure that they always offer the best possible services to their clients at the best possible exchange rates. This is something which they seem to achieve quite well.

You have to be aware that Voltrex is a company which mainly deals with business transactions. Whilst they do offer a personal currency service, most of the business is focused on dealing with business transactions.

One of the unique things about Voltrex is that not only can you send a payment in a foreign currency through the system, but you can also receive them. This may be suitable in situations where a person may not wish to send a single transaction through many different bank accounts. I know that there are a number of businesses that utilise this service.

One of the biggest problems, in my opinion, of Voltrex is the fact that they charge a flat rate for their service. This is £15.00 per transaction, no matter how much you are sending. This is a great shame because there are many other money transfer companies out there who are offering a ‘no commission’ transfer. That being said, Voltrex promises that there will be no fees to pay in the receiving country, which means that the £15.00 transaction fee is more than worth it.

In terms of exchange rates, as I mentioned previously, Voltrex is a currency exchange company. As a result, they are dealing with millions of pounds on a fairly regular basis. This ensures that they are able to offer some of the best exchange rates around. In fact, the exchange rates on VFX are some of the best I have seen for just about every currency.

Voltrex was, by all accounts, one of the first companies out there to offer an online money transfer service. As a result, their system is incredibly refined. In fact, I am willing to go as far as to say that it is one of the best I have ever used. Everything is so simple to understand. However, if you do need help, you can always get in touch with the customer support team over at Voltrex. They will be more than happy to answer any questions that you may have.

Finally, it is worth noting that Voltrex also offers a variety of different dedicated services. For example; you may be planning to purchase a car or boat overseas. You could always transfer the money to foreign bank account and do it that way. However, Voltrex offers a service just for you. With their service, they will help ensure that you get the best possible exchange rate for a large purchase like this. In fact, they have a whole team working on vehicle payments of this nature, which is always something worth looking into. They can also provide assistance with emigration costs, including ensuring you get a brilliant deal on overseas property.

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Customer Comments

14 Responses to “VFX Money Transfer Review”

  1. Smith says:

    My wife and I live in Australia and every month our company pensions are sent to us, the online service is trouble free and I would recommend Voltrex to anyone needing funds transferred from the UK.

  2. Gordon White says:

    Voltrex offered me excellent speedy service, extremely helpful pleasant staff, will definitely use your online platform services again, thank you.

  3. Toby says:

    Been using VFX for several years now, and service has always been excellent. The agents are invariably helpful, especially so if, like me, you’re not very computer literate the online platform is as easy as online banking. Wouldn’t hesitate to recommend VFX, and indeed, have already done so on several occasions.

  4. David Slee says:

    I would like to say that we used VFX because constant helpful contact was maintained by online platform and phone up to the point of the transaction.

  5. Thomas Clemett says:

    Excellent, helpful service throughout the process – especially for a first time user.

  6. Andrea Bowen says:

    VFX staff are very helpful and offer a great service. Fast and reliable and great rates for overseas transfers. Thanks for everything.

  7. Jean says:

    Had fantastic service from John Paul Georgiou for a number of years, both in regular overseas payments and spot contracts, and am well satisfied with the service.

  8. Paul Heath says:

    Your online service is fast, courteous and uncomplicated, and your rates are highly competitive.

  9. Heather Powell says:

    I am very happy with the service of VFX – professional, fast, hassle free and fantastic rate compared to others.

  10. Hannah Richards says:

    I think the system you have got is a pretty good one,’ it is simple and straightforward the online currency exchange platform but i can still speak to my broker I deal with John Paul Georgiou is most helpful, nothing seems to be to much trouble!

  11. Sageclothing says:

    Online transfer system is just like using online banking but with all the bells and whistles. The information that VFX currency platforms shows is way more than i have ever used for my business. excellent

  12. Susan Pickles says:

    As a Newbie, to currency exchange VFX did all the heavy lifting for me

    Amazing, cheaper than anything else

    i used just few times, but it’s quickly delivered, everything went fine:)

  13. Emma says:

    I was sceptical but I am very impressed

    I was very sceptical before transferring money. Because I couldn’t see the catch I was worried. Worked perfectly though

  14. Ivor Jones says:

    I have used Voltrex for a number of years now for currency transfers and John Paul Georgiou himself for even longer. I have always found John Paul and his team very helpful when I call them. I tend to use the online service which is fast and efficient to action.

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