Track Live Exchange Rates
| Rates | Daily % | Weekly % | Monthly % | ||||
|---|---|---|---|---|---|---|---|
We use mid-market rates. This is for informational purposes only. Log in to view send rates.
Set up a rate alert and get notified when the market moves in your favour.
We make sending money simple
Personal transfers
Sending money abroad? We’ve got you covered with low fees, great rates and no hassle.
Business transfers
Global payments made easy, with fast transfers, great exchange rates and personalized service.
Ecommerce transfers
Get paid, no matter where your customers are. Simple, secure payments for your online store.
How to send money with MTFX
Open your personal or business account and start saving on international money transfers.
- 1Sign up for free
Create your account in less than five minutes—no setup fees or hidden charges.
- 2Get a real-time exchange rate
Instantly access competitive exchange rates for your transfer amount and destination.
- 3Enter recipient information
Provide your recipient’s banking details to ensure fast and secure delivery of funds.
- 4Confirm and send your transfer
Review the details, complete your transaction, and track your transfer every step of the way.
What are interbank and live exchange rates?
Foreign exchange rates fluctuate constantly, so it’s important to check the daily exchange rate before sending money. The interbank rate, or market rate, is the real-time rate at which banks trade currencies. While it reflects the true value of a currency pair, most banks add a hidden markup, often up to 5%, when processing international transfers. This lack of transparency can lead to significant extra costs.
With MTFX foreign exchange, you benefit from daily currency exchange rates based on the live interbank rate, paired with low and transparent margins. Whether you’re sending money abroad for personal or business reasons, the more you transfer with MTFX, the more you save.
What are interbank and live exchange rates?
Foreign exchange rates fluctuate constantly, so it’s important to check the daily exchange rate before sending money. The interbank rate, or market rate, is the real-time rate at which banks trade currencies. While it reflects the true value of a currency pair, most banks add a hidden markup, often up to 5%, when processing international transfers. This lack of transparency can lead to significant extra costs.
With MTFX foreign exchange, you benefit from daily currency exchange rates based on the live interbank rate, paired with low and transparent margins. Whether you’re sending money abroad for personal or business reasons, the more you transfer with MTFX, the more you save.
How MTFX exchange rates are better than traditional banks?
Most banks take advantage of customer habits, knowing that nearly 80% of people still use them for international transfers. This allows banks to offer inflated daily exchange rates, adding high margins without transparency, often leaving customers unaware of the true cost of sending money abroad.
At MTFX, we take a transparent approach. Our daily currency conversion rates are based on the mid-market rate, giving you fair exchange rates with low margins and no hidden fees. With 24/7 expert support and consistently competitive rates, you can transfer funds when it suits you and keep more of your money.
Make informed and confident currency decisions
Currency converter
Convert currencies quickly and securely at competitive exchange rates
Exchange rate alerts
Set up rate alerts and get notified when your target exchange rate is reached
Historical exchange rates
Access historical exchange rates and track currency trends over time
With MTFX, you can send money to over 190 countries in 50+ currencies—quickly, securely and at competitive rates.
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