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HiFX international money transfer review

Get competitive exchange rates and no fees on international money transfers.

Marc Terrano

Updated Oct 5, 2020. What changed?

Fact checked

Important

As of January 26, 2019, HiFX has merged with XE. This means you won’t be able to use HiFX to send money overseas. Instead, check out if XE Money Transfer is right for you in our full review.

If you already have an account with HiFX before this cut-off date, don’t worry – you’ll automatically be transferred to an XE account.

Sending money with HiFX is simple, and offers no fees and competitive rates. Send your money to countries all over the world in more than 120 currencies, all with the click of a button.

Pay no fees and get excellent customer service on your international transfers

HiFX offers competitive exchange rates and charges absolutely no fees. And their reputation for great customer service gives you the peace of mind knowing help is there if you need it.

Fast and easy. Make transfers online 24/7.
Peace of mind. HiFX’s parent company, Euronet, does business with some of the world’s largest tech companies, including Apple, Google and Amazon.
Customer service. HiFX is proud of its excellent customer service and provides the tools and answers you need to make a successful transaction.

How much does it cost to send money with HiFX?

HiFX charges absolutely no transfer fees, so you’ll always know exactly how much you’re paying. However, charges may occasionally be applied by a third party bank when transferring the funds to HiFX or before the funds arrive in the recipient account.

Competitive foreign exchange rates

HiFX boasts bank-beating exchange rates. Their exchange rates are linked to the live foreign exchange markets. When the markets are open, the exchange rate you are offered will often fluctuate right up until the moment you confirm your transaction. Your exchange rate is only fixed once you’ve confirmed your transaction.

What types of transfer can I make?

You are limited to bank-to-bank transfers only with HiFX.

Pros and cons

Pros

Safe and secure. Licensed as a money transmitter business, HiFX’s transactions are sent using Norton online security technology.
Trusted company. HiFX is part of Euronet Worldwide, the third-largest money transfer provider in the world. In 2013 alone, Euronet processed more than $60 billion in payments for many of the world’s leading companies.
No fees. HiFX charges no transfer fees.
Small & large transfers allowed. HiFX allows transfers of up to $500,000, with a minimum of only $100.
24/7 transfers. Once you’ve set up your account, make transfers online 24/7.

Cons

Exchange rates not readily available. If you want to compare HiFX’s exchange rates with the rates offered by other companies, you’ll need to sign up for an account.
Bank-to-bank transfers only. HiFX does not accept cash, debit or credit card as payment.
No same-currency transfers. Your transfer must involve an exchange of currency.

Compare other transfer services

I want to send

Min. Transfer Amount	Transfer Speed	Online Transfer Fee	Rate	Amount Received	Description	CTA	Details
GBP 1,000	1 - 2 days	USD 0.00	0.827	EUR 4,135	Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000). For larger transfers, get no transaction fees and no maximum send limits.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 1,000.00 Transfer methods Online, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Chat Available currencies AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR Go to site Read the full review
$1	Same day	USD 0.00	0.832	EUR 4,158	XE offers fast transfers with no fees and a range of foreign currency tools.	Go to site	Compare	Show details	Details Minimum transfer amount 1.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AFN, ALL, AMD, ANG, AOA, ARS, AUD, AWG, AZN, BAM, BBD, BDT, BGN, BHD, BIF, BMD, BND, BOB, BRL, BSD, BTN, BWP, BZD, CAD, CDF, CHF, CLP, CNY, COP, CRC, CUC, CVE, CZK, DJF, DKK, DOP, DZD, EGP, ERN, ETB, EUR, FJD, FKP, GBP, GEL, GGP, GHS, GIP, GMD, GNF, GTQ, GYD, HKD, HNL, HRK, HTG, HUF, IDR, ILS, IMP, INR, IQD, IRR, ISK, JEP, JMD, JOD, JPY, KES, KGS, KHR, KMF, KPW, KRW, KWD, KYD, KZT, LAK, LBP, LKR, LRD, LSL, LYD, MAD, MDL, MGA, MKD, MMK, MNT, MOP, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SDG, SEK, SGD, SHP, SLL, SOS, SPL, SRD, SVC, SYP, SZL, THB, TJS, TMT, TND, TOP, TRY, TTD, TVD, TWD, TZS, UAH, UGX, USD, UYU, UZS, VEF, VND, VUV, WST, XAF, XCD, XDR, XOF, XPF, YER, ZAR, ZMW, ZWD, BYN Go to site Read the full review
$10	Within an hour	USD 1.99	0.819	EUR 4,092	Special offers like free transfers and better exchange rates available for new customers. Quick, affordable transfers around the world with both express and economy options.	Go to site	Compare	Show details	Details Minimum transfer amount 10.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options N/A Customer service Phone, Chat, Email Available currencies ALL, AMD, ARS, AZN, BAM, BDT, BGN, BIF, BOB, BRL, BSD, CLP, CNY, COP, CRC, CZK, DOP, EGP, ETB, EUR, FJD, GEL, GHS, GMD, GNF, GTQ, GYD, HNL, HRK, HTG, HUF, IDR, ILS, INR, JMD, JOD, JPY, KES, KGS, KHR, KMF, KRW, KZT, LKR, LRD, MAD, MDL, MGA, MKD, MMK, MWK, MXN, MYR, NGN, NIO, NPR, PAB, PEN, PHP, PKR, PLN, PYG, RON, RSD, RUB, RWF, SLL, SRD, SVC, THB, TJS, TND, TRY, TZS, UAH, UGX, USD, UYU, UZS, VND, XAF, XOF, ZAR, ZMW, BYN Go to site Read the full review
$1	1 - 2 days	USD 40.00	0.835	EUR 4,143	Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.	Go to site	Compare	Show details	Details Minimum transfer amount 1.00 Transfer methods Online Transfer options Regular payments, One off payments Customer service Phone, Chat, Email Available currencies AED, ARS, AUD, BDT, BGN, BRL, BWP, CAD, CHF, CLP, CNY, COP, CRC, CZK, DKK, EGP, EUR, GBP, GEL, GHS, HKD, HRK, HUF, IDR, ILS, INR, JPY, KES, KRW, LKR, MAD, MXN, MYR, NGN, NOK, NPR, NZD, PEN, PHP, PKR, PLN, RON, RUB, SEK, SGD, THB, TRY, TZS, UAH, UGX, USD, UYU, VND, XOF, ZAR, ZMW Go to site Read the full review
$1	Within an hour	USD 3.99	0.832	EUR 4,156	Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.	Go to site	Compare	Show details	Details Minimum transfer amount 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Phone, Email Available currencies AED, ALL, AMD, AOA, ARS, AUD, BAM, BBD, BDT, BGN, BHD, BIF, BOB, BRL, BWP, CAD, CDF, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, ISK, JMD, JOD, KES, KGS, KHR, KMF, KRW, KWD, KYD, KZT, LAK, LKR, LRD, LSL, MAD, MDL, MGA, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PHP, PKR, PLN, PYG, RON, RUB, RWF, SCR, SEK, SGD, SLL, SOS, SRD, THB, TJS, TND, TOP, TRY, TZS, UGX, USD, UYU, VND, WST, XAF, XCD, XOF, ZAR, ZMW, BYN Go to site Read the full review

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

How do I use HiFX?

To send money with HiFX, you need to create a free account, providing:

Your personal and contact information.
Your date of birth.
Your bank account information.
A valid driver’s license, passport or Social Security number.
Your transfer amount and currency you’ll be transferring it to.

How to make international transfers with HiFX

If you feel HiFX could be a useful service to you, you can carry out a transfer easily.

Register. First you’ll need to sign up, which is free and can be done at any time of the day. You can register by clicking the green “Go to Site” button on the right. You will also need to provide identification documents as well as a document certifying your address.
Get a quote. After you’ve registered, tell HiFX how much you want to send and where to. They can help suggest different ways to carry out your transaction.
Give your recipient’s details and when you’d like to pay them. The next step will require you to let HiFX know who you’re transferring to and when, and also will require you to provide a security payment.
Send HiFX your transfer funds. You’re now ready to send HiFX your money and begin the transfer.
Track your payments. You can now sit back and track your payment to ensure that it reaches its destination.

Steps to transfer money internationally with HiFX

Select the country from which you will be sending money and how you learned about HiFX. Click “Continue.” Your application to transfer money with HiFX is now complete. HiFX will email you within 24 hours with information about your application and initiating transfers. Once accepted, you can begin sending money by entering your recipient’s name and bank account information and your bank account information for payment.

What happens next?

Once you have confirmed the rate, you can not cancel or change any details of the transaction. Please check the details carefully before confirming the transaction.
HiFX will email you notifications to keep you up to date on the progress of your transfer until delivery to your recipient within one to four business days.
You can track your transfer online 24/7. If there’s any delay, contact HiFX from 6 a.m. to 6 p.m. Pacific standard time at 844-832-1367 or anytime at info@hifx.com.

Bottom line

HiFX is definitely worth considering when you need to send a fast and secure international money transfer, but make sure to compare a range of transfer options before choosing the right provider for you.

Transfer money all over the world

Frequently asked questions

When processed through a reputable bank or company, your funds are safely tracked until in the hands of your recipient. And if you’re sending money internationally, federal protections are in place that require banks, credit unions and money transfer companies to, for example, disclose all fees upfront and give you 30 minutes to cancel a transfer, assuming it hasn’t yet been picked up or deposited.

Methodology

Our team analyzes money transfer providers offering services in the US — from big names to digital upstarts. We rank rates and fees, speed, services and user experience for:

TransferWise
HiFX
OFX
WorldRemit

Currencies Direct
Western Union
RIA Money Transfer
MoneyGram
Remitly

Payoneer
Remit2India
Xoom
PayPal

Learn the details of our methodology and scoring.

Thank you for your feedback!

Marc Terrano

Marc Terrano is a lead publisher and growth marketer at Finder. He has previously worked at Finder as a publisher for frequent flyer points and home loans, and as a writer, podcast host and content marketer. Marc has a Bachelor of Communications (Journalism) from the University of Technology Sydney. He’s passionate about creating honest and simple reviews and comparisons to help everyone get value for money.

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6 Responses

SamkulApril 10, 2018

My question is that how long is it gonna take to transfer money from USA to Nigeria and how secured is your service, I have used other services and they worked really good at first and I received the money is minutes but as time goes on they start acting weird. I just need to know if your services are reliable and fast

Reply
- finder Customer Care
  
  JoshuaApril 10, 2018Staff
  
  Hi Samkul,
  
  Thanks for getting in touch with finder.
  
  Please note that we are finder, a comparison website. We are not affiliated with HiFX or any company we feature on our site and so we can only offer you general advice.
  
  According to our website, transferring money from the US to Nigeria may take up to 5 business days.
  
  In terms of security, HiFX is Licensed as a money transmitter business and transactions are sent using Norton online security technology. HiFX takes many different measures to ensure your money is safe. Some of these measures include VeriSign, which is an online security system used by 97% of the world’s top banks, and your funds are always held in segregated client accounts.
  
  It is worth noting as well that HiFX is part of Euronet Worldwide, the third-largest money transfer provider in the world. In 2013 alone, Euronet processed more than $60 billion in payments for many of the world’s leading companies.
  
  I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
  
  Have a wonderful day!
  
  Cheers,
  Joshua
  
  Reply
LindyMay 24, 2017

I like to ask is there any charges for clearance suppose to pay by the receiver, when somebody transfere money from the bank of America to Nedbank south Africa?

Reply
- finder Customer Care
  
  HaroldJune 27, 2017Staff
  
  Hi Lindy,
  
  Thank you for your inquiry.
  
  The fee/s may vary depending on the money transfer company. You may need to consider checking on this page to check the available options for you.
  
  I hope this information has helped.
  
  Cheers,
  Harold
  
  Reply
RobertMarch 17, 2017

I live Indonesia I want.tranferr from America to Indonesia but you don’t have it listed in your site.
Do you transferr from theses country’s ?

Reply
- finder Customer Care
  
  HaroldJuly 13, 2017Staff
  
  Hi Robert,
  
  Thank you for your inquiry.
  
  Should you need to transfer money in Indonesia you may want to consider the options here.
  
  I hope this information has helped.
  
  Cheers,
  Harold
  
  Reply

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