HiFX offers online international money transfers

Monday, 23 February 2009 05:13

HiFX has launched the UK's first online international money transfers platform with live, discounted exchange rates.

The foreign exchange and cash deposit services provider will allow clients to convert up to £10,000 from anywhere in the world.

HiFX estimates the service will save Brits £1.65 billion a year over other international transfer services.

Mark Bodega, director at HiFX said: "In developing an online money transfer service we are able to offer people a convenient way of accessing the same discounted online rates as we are able to offer for larger sums over the phone.

"Our research shows that people love watching the changing rates and being able to act when they feel it moves in their favour. With HiFX Online people can do exactly that and the rate they see is the rate they actually pay."

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