Halo Financial review – A Personal Money Transfer Service

For your international money transfer needs, Halo can provide competitive rates and high-quality customer service, treating you as an individual.

London-based Halo Financial started trading in February 2005, with a vision to provide a higher standard of service to those seeking to transfer money abroad.

Halo Financial prides itself on hiring and training its people to be experts in the foreign exchange industry. When you open an account, Halo will assign you a Foreign Exchange Consultant, who will (for free) discuss with you your needs and suggest the solution they think is most fitting. Read our review of their services below.

Product NameHalo Financial International Money Transfers
Min. Transfer AmountGBP 5,000
Max. Transfer AmountNo limit
Transfer MethodsOnline, Phone
Transfer Speed
Minimum transfer time
Same day
Customer ServicePhone, Email
Online Transfer FeeGBP 0
Phone Transfer FeeGBP 0
Exchange Rate UpdatesReal time

Send money with Azimo

  • Make the first THREE transfers for free using code AZ-FIND
  • Send money to bank accounts, phones or cash pick-up locations
  • Most transfers take less than a day
  • Send money to 195 countries in 60 different currencies

Halo Financial exchange rates

As specialists in foreign exchange, Halo Financial have the resources to buy and sell currency close to the mid-market rate, allowing you access to cheaper rates too.

Your designated Foreign Exchange Consultant will use their expertise to advise you on the best time to complete your transaction, when the ever-changing exchange rates fluctuate in your favour. This too can provide you with a more affordable rate.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 5,000 Same day GBP 0.00 1.114 EUR
London-based and operating for over 10 years, so you can feel confident in the knowledge that your money is in expert hands. Go to site Show details

Compare up to 4 providers

Compare all international money transfer providers

How much does it cost to transfer money with Halo Financial?

Halo financial charge no transaction fees.

A fee will arise if you want to transfer an amount under their minimum of £5000. For quotes on transfers below this, visit their website by clicking the green “go to site” button above.


  • Receive expert advice. Halo Financial will assign you a consultant to discuss your needs with, free of charge.
  • Various contract options. Spot contacts, regular payments and forward contracts are all available.
  • Cheaper than banks. Halo Financial offers exchange rates that are generally cheaper than those offered by banks.


  • Account needed. You need to open an account even for just a one-time transfer.

Transfer limits and available currencies

There is no maximum transfer size when transferring with Halo Financial. There is a lower limit of £5000, below which there may be additional costs.

Halo Financial are confident that they can convert the vast majority of freely traded currencies.

What types of transfer can you carry out with Halo Financial?

  • Spot contracts. Make a one-time transfer at the current exchange rate offered.
  • Forward contracts. If you need to make a payment at a future date, you can protect yourself from unfavourable changes in the exchange rate by entering into a forward contract. You and Halo Financial will agree to make the transfer at a specified date, at a predetermined price.
  • Regular payments. Making regular transfers abroad can get confusing, as the currency exchange rates fluctuate constantly. Halo Financial can arrange a series of fixed-price transfers to alleviate this worry.
  • Automated orders. This gives you a way of taking advantage of changes in the exchange rates, while still having regular payments taken care of for you. Provide Halo Financial with limits, and they will put the transfer through when the exchange rates meet your criteria.

The registration and transfer process

The process for transferring money with Halo Financial can be broken down into five steps:

  • Create an account. Registering with Halo Financial is free and can be done by phone, post or online.
  • Talk to a Foreign Exchange Consultant. You’ll be assigned a consultant with whom to discuss your needs.
  • Receive the quote. Your consultant will quote you an exchange rate, which you can accept or reject.
  • Pay. You can send your money either electronically or by cheque.
  • Wait for confirmation. Once you’ve completed the steps above, Halo Financial will send the agreed amount to your recipient’s account, and email you to confirm it’s been done.
Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site