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HiFX

HiFX Review
  • Editor Rating

  • Rated 4 stars
£50 to £300000
  • 80%

  • HiFX Review
  • Reviewed by:
  • Published on:
  • Last modified: July 28, 2016
  • Exchange Rates
    Editor: 94%
  • Website Friendly
    Editor: 94%
  • Customer Service
    Editor: 96%
  • Overall
    Editor: 95.0%

HiFX Review

Started out of frustration with the banks, HiFX offer both companies and private individuals a quick and easy way to convert £50 – £300,000 online at the touch of a button. They are passionate about offering significantly better exchange rates than high street banks whilst providing exceptional customer service.

HiFX launched at their Windsor headquarters in 1998 and within the next 15 years expanded its territories considerably, setting up offices in Spain, New Zealand and Australia with further developments planned for the future. In 2014, HiFX were acquired by US company Euronet, giving them wider scope to expand and providing more leverage in the US.

The HiFX online platform is both very easy to use and extremely fast compared to its competitors. Once you have registered to HiFX, you just need to verify the currency and amount, state where you want to send the currency and then confirm how you will pay them. HiFX boast over 10,000 independently verified 5/5 star reviews and use Norton Security used by 97 of the World’s top 100 banks.

HiFX

HiFX

Pros

HiFX help more than 100,000 private individuals and over 6,000 businesses transfer money abroad every year. Their 24/7 online platform allows a customer to make and track payments at any time of the day or night and their high number of ‘Excellent’ customer reviews means that HiFX is one of the top international money transfer services around the world. HiFX also offer over 60 world currencies and allow you to lock in a rate when you’re ready.

Cons

They charge a fee of £9 for every transfer under £3000 which can sometimes make it difficult for customers who just want to test out the service and know how it works.