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In order to get your payments moving quickly, there are two separate steps to be aware of ahead of time. The first step involves determining how to provide us with the funds for your transaction. The second step determines the delivery method in which your recipient will receive the funds.
After you submit an order for an international payment through Online FX, you will receive instructions through email on transferring funds to us.
| Sending Funds (to us) | Process Time* | Description |
|---|---|---|
Bank Transfer |
1 day |
Send your payment to us through your online banking. Our account details are provided to you at the time you book your transaction. Sending bank may charge fee. |
We offer a variety of methods in which you may deliver funds to your recipient.
| Delivery Method (to recipient) | Fee** | Process Time* | Description |
|---|---|---|---|
Electronic Funds Transfer (EFT/ACH) Recommended |
€0 |
3-5 days |
Deposited directly to the recipient's bank account. Available for select currencies and countries.
|
Wire Transfer |
€15 |
1-2 days |
Deposited directly to the recipient's bank account but faster than an EFT/ACH. Available for all currencies except KYD. Please note that the recipient's bank may charge an incoming payment fee. |
Draft (cheque) |
€0 |
10-15 days |
Mailed as a draft (cheque) to the address of your recipient. Available in select countries. |
* All processing times are subject to change.
** Please note that the recipient's bank may charge additional fees.
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