Review: Universal Partners FX

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A low cost service with expert assistance on hand to help.

Universal Partners FX (UPFX) has been operating for over 10 years and are one of the leading currency exchange companies in the world. They employ a team of dedicated foreign exchange experts and consistently offer exchange rates better than any high street bank.

£0

Fees (Pay by Bank Transfer)

£5,000

Minimum Transfer Amount

No limit

Maximum Transfer Amount

Details

Product NameUniversal Partners FX
Minimum Transfer Amount£5,000
Maximum Transfer AmountNo limit
Pay ByBank transfer
Receiving OptionsBank account
Customer ServicePhone, Email
Available CurrenciesAED, ALL, AMD, ANG, AOA, ARS, AUD, BBD, BDT, BGN, BHD, BMD, BND, BOB, BRL, BSD, BWP, CAD, CDF, CHF, CLP, CNY, CRC, CVE, CZK, DJF, DKK, DOP, DZD, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, GYD, HKD, HNL, HRK, HUF, IDR, ILS, INR, JMD, JOD, JPY, KES, KRW, KWD, KYD, KZT, LKR, LRD, LSL, MAD, MDL, MGA, MUR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PEN, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SCR, SEK, SGD, SLL, SRD, SZL, THB, TND, TRY, TTD, TWD, TZS, UAH, UGX, USD, UYU, XAF, XCD, XOF, XPF, ZAR, ZMW, STD, MRO, SSP
Bank Account Required?Yes
Personal Account Manager?Yes

Universal Partners FX exchange rates and fees

Universal Partners FX are one of the world’s leading foreign exchange experts, processing over $250bn across 1,500,000 transactions every year. Purely by having this amount of capital to be traded, Universal Partners FX have access to better exchange rates than high street banks and are able to pass these rates onto their traders. Universal Partners FX use independent sources to constantly check and compare their own rates to those of high street banks to ensure that their customers are getting the best rates for their exchanges.

So while there will be a margin added to the exchange rate, Universal Partners FX adds no fees on top. You can check out what your transfer would look like with them below.

Data updated regularly
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer) Learn More
Universal Partners FX
24 hours
£0

View details
Universal Partners FX offers competitive exchange rates and same-day transfers in 100+ currencies.
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Pros

  • Bank beating rates Universal Partners FX constantly compare their rates to high street banks to ensure they are always offering the best rates to their traders.
  • Experience. Each of Universal Partners FX’s knowledgable brokers has a minimum of five years professional experiences in the world of foreign exchange transfers.
  • 24/7 access. Make currency transfers quickly and easily 24 hours a day, 7 days a week using Universal Partners FX’s online platform.
  • Fast global transfers. Universal Partners FX uses Swift Payment Technology which enables them to transfer funds the same working day.

Cons

  • No cash pickup centres. Universal Partners FX does not have cash pickup centres, so you can only use its services to transfer money to bank accounts.

Minimum transfer amount and available currencies

Universal Partners FX lets you transfer a variety of sums though its transfer service. There are generally no fees for transfers, however if you transfer less than £1,000 there may be a £5 fee applied for certain transfer days. To find out exact rates for each amount you would like to transfer, you can contact Universal Partners FX directly or register and speak to your personal account executive.

Universal Partners FX deals in 40 currencies allowing you to transfer money worldwide, from Europe to North America, South America, Africa, Asia and Australia. The list of currencies you can purchase and transfer using the services of this company, include, but are not limited to:

  • US Dollar
  • Canadian Dollar
  • Mexican Peso
  • Australian Dollar
  • New Zealand Dollar
  • Bulgarian Lev
  • Swiss Franc
  • Czech Koruna
  • Danish Kroner
  • Euro
  • Pound Sterling
  • Croatian Kuna
  • Hungarian Forint
  • Norwegian Krone
  • Polish Złoty
  • Romanian Leu
  • Serbian Dinar
  • Swedish Krona
  • UAE Dirham
  • Bahraini Dinar
  • Hong Kong Dollar
  • Israeli Shekel
  • Jordanian Dinar
  • Japanese Yen
  • Kuwaiti Dinar
  • Sri Lankan Rupee
  • Omani Rial
  • Philippine Peso
  • Pakistani Rupee
  • Qatari Riyal
  • Saudi Riyal
  • Singapore Dollar
  • Thai Baht
  • New Turkish Lira
  • Kenyan Shilling
  • Lesotho Loti
  • Mauritius Rupee
  • Swazi Lilangeni
  • Tunisian Dinar
  • South African Rand

What types of transfers can you carry out with Universal Partners FX?

Universal Partners FX offer a ‘fix rate, pay later’ service where if you see an exchange rate you like, you can lock in that rate and use it at a later date, whenever you’re ready.

Universal Partners FX also offers a rate target service. If you have an ideal rate in mind, you can register that with Universal Partners FX and they will notify you once it becomes live.

As an FX specialist Universal Partners FX offers hedging strategies to protect against adverse market conditions so you don’t have to worry about value loss.

The registration and transfer process

You can pay Universal Partners FX via bank transfer. You can also use your debit or credit card for most transactions.

To send money using Universal Partners FX, you first have to register as a user. You can do this online for free and with no obligation to trade if you later change your mind.
Once you register as a user, making a transfer requires that you follow a simple process:

  1. Create an account online
  2. Once your account is verified, you can call your personal account executive on their personal line
  3. Your account executive will quote you Universal Partners FXs best rates direct from the dealing floor
  4. Provide details of the recipient’s bank account
  5. As soon as you have accepted the exchange rate you will be sent a confirmation informing you of the exact amount you owe
  6. Confirm transaction
  7. Universal Partners FX will send your payment as soon as they can, the same working day wherever possible

As part of Universal Partners FX’s commitment to keep their traders updated at every stage of the process, they will send you an email as soon as your funds have been sent.

Compare Universal Partners FX to other money transfer services

Table: sorted by promoted deals first
Our table below lets you compare the services you can use to send money abroad. Choose if you want to send under or over £10,000, and you’ll be shown a list of services that can help you.
Data updated regularly
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer) Learn More
TransferWise for large transfers
Within an hour
From £3.75

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TransferWise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
TorFX
24 hours
£0

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TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
SpartanFX
24 hours
£0

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SpartanFX has fee-free transfers, a best exchange rate guarantee and personalised one-to-one support for every customer.
Universal Partners FX
24 hours
£0

View details
Universal Partners FX offers competitive exchange rates and same-day transfers in 100+ currencies.
PagoFX for large transfers
Within an hour
Varies

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PagoFX offers fast and cheap international money transfers from the UK and is backed by Santander.
Currencies Direct
Within an hour
£0

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CurrenciesDirect makes transferring money abroad simple with bank-beating exchange rates.
CurrencyTransfer
24 hours
£0

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CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
Central FX
24 hours
£0

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CentralFX's dedicated team will guide you or your business from first call to final payment.
TransferWise
Within an hour
From £3.75

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TransferWise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
PagoFX
Within an hour
Varies

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PagoFX offers fast and cheap international money transfers from the UK and is backed by Santander.
XE Money Transfers
24 hours
£0
SPECIAL OFFER ✓ Zero fees on your first 10 transfers

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XE has fast transfers with no fees and a range of foreign currency tools.
Azimo
Within minutes
From £0.99
SPECIAL OFFER ✓ First two transfers free for new customers.

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Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.
CurrencyFair
24 hours
€3
SPECIAL OFFER ✓ Zero fees on your first 10 transfers

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CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Remitly
Within minutes
From £1.49
SPECIAL OFFER ✓ Free transfers and better exchange rates for new customers

View details
Remitly has quick, affordable transfers around the world, with both express and economy options.
WorldRemit
Within an hour
From £1.99
SPECIAL OFFER ✓ Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.

View details
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
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