Regular overseas payments
Making regular payments abroad has never been easier. Enjoy automated transfers, great exchange rates and outstanding customer support.
Save time and money on regular international payments
If you make regular transfers – for a mortgage, pension, salary or other commitment – TorFX can help you save. Our regular overseas payments service offers automatic transfers between £500 and £10,000 a month, with no transfer fees or commission and great exchange rates.
You could save a significant amount in fees alone compared to using a bank – plus you’ll enjoy the convenience of a set-and-forget service that’s flexible enough to update whenever your needs change.
Why choose TorFX for your regular overseas payments?
At TorFX, we’ve been helping people make the most of their money transfers since 2004, combining great rates, smart transfer tools, and award-winning personal service.
Fully automated transfers
Set up a Direct Debit and sit back – we’ll handle everything else, making sure your transfers arrive on time.
Lock in your rate
Fix your exchange rate for up to 12 months to avoid currency fluctuations and make budgeting abroad easier.
Trusted and reliable
We ensure your money gets where it needs to be quickly and securely – and you can track every payment online, 24/7.
Smarter rates
We offer highly competitive exchange rates along with tools and insights to help you get more from your transfers.
No transfer fees
We don’t charge transfer fees outside of your agreed exchange rate. If any additional charges apply, these will be made clear to you.
Expert support
With guidance from your own dedicated account manager and 24/7 customer support, help is always available.
How to set up a recurring overseas payment
Setting up regular transfers with TorFX is simple.
Create an account
Register online or give us a call. Your dedicated account manager can then guide you through the process.
Plan your payments
Choose how often you’d like to send money (monthly or quarterly) and set your preferred payment date.
Set up your payment method
You can pay by Direct Debit or debit card – whatever works best for you.
Leave the rest to us
We’ll make sure your regular transfers arrive safely and on time.
What are regular overseas transfers used for?
Emigration
If you’re moving to another country, you may need to make regular payments to or from home, perhaps to access savings or meet commitments.
Retiring
You can set up recurring payments for your pension, providing you with a simple, stress-free way to access your monthly income.
Studying
Schooling overseas often comes with a range of regular transfer requirements, such as tuition fees, rental payments, and everyday living costs.
Working
Many people working overseas have financial commitments at home, such as a paying a mortgage or depositing into a savings account.
Property
Buying or owning property abroad comes with a variety of regular expenses, including utility bills, mortgage payments, or upkeep costs.
Investments
With a regular income from an overseas investment, you’ll need a simple and cost-effective way to repatriate your returns.
Costs and fees
Some banks and currency providers charge a fee for each individual currency transfer. If you’re moving money overseas regularly, these fees can quickly add up.
At TorFX, we make our money by adding a % onto your exchange rate, agreed with you before you transfer. If any additional charges apply, these will be made clear to you.
Supported currencies
GBP Sterling
EUR euro
JPY Japanese yen
NZD New Zealand dollar
INR Indian rupee
CNY Chinese yuan
AED Arab Emirates dollar
CAD Canadian dollar
USD United States dollar
ZAR South African rand
CHF Swiss franc
SEK Swedish krona
Unrivalled customer support
At TorFX, we don’t believe in a one-size-fits-all service. From day one, you’ll be paired with a dedicated account manager who gets to know you and your transfer needs so they can offer tailored guidance.
Whether you’re moving money once or making regular transfers, you’ll benefit from expert insights, responsive support and a personal touch that’s hard to find elsewhere.
Our dedication to an outstanding customer experience has seen us win multiple awards over the years and earn an Excellent score on Trustpilot. We’re proud to be a provider customers return to time and again.
See why customers choose us for their regular international payments
"I have used several currency exchange businesses in the past and would say that TorFX are by far the best.
They offer excellent rates and a seamless service, making my regular transfers so easy.”
Christopher Broughton
Other currency transfer services
Large transfers
Security and strong exchange rates are vital for large transfers. We’ll keep your transfer secure and get you a great rate.
Emigration
Whether you're transferring wages, pensions or savings, we’ll make your move abroad simpler and more secure.
Repatriation of funds
Bringing money back home? We’ll help you time your transfer and maximise what arrives in your account.
Property purchases
Buying overseas property is a big step. Let us simplify the transfer side of things and save you money.
How we keep your funds safe
TorFX is authorised by the Financial Conduct Authority (FCA) as an Electronic Money Institution. This means we’re required to keep your money in secure, segregated accounts, separate from our business funds.
We follow strict safeguarding procedures, work only with trusted banking partners, and hold the highest level of creditworthiness with Dun & Bradstreet. As part of a global group handling billions in transfers each year, we maintain the highest standards – so you can move your money with confidence.
Refer a friend and receive £50
Get £50 each when you refer a friend, with no limit on the number of referrals.
Frequently asked questions about regular international payments
A regular international transfer service lets you send automated payments overseas at set intervals – typically monthly or quarterly. It’s ideal for recurring costs like mortgages, pensions, or tuition fees.
First you need to open a free TorFX account and talk to your account manager. Then, you simply choose how often you want to send money, set your payment method (Direct Debit or debit card), and we’ll take care of the rest.
Yes, our service is designed to be flexible. You can update your transfer amount, frequency or destination details whenever your needs change.
Yes, our regular payment plans require a minimum term of six months, with transfers of between £500 and £10,000 per month.
You can plan your transfers up to 12 months in advance, and even lock in your exchange rate for that entire period.
You can choose either. Fix your exchange rate for up to 12 months for budgeting certainty, or go with the live rate for each transfer.
Yes, you can view your regular transfers online 24/7 through your TorFX account or in our app. If you want to make changes to your regular payment plan, you’ll need to talk to your account manager.