Toggle navigation
Payment Services
Hedging Services
About
Contact
Help
Login
Cost Comparison
Home
Payment Services
Cost Comparison
See below an Example on how the TFI Pay Service works:
Comparison of Cost between TFI Pay and another Credit Institution.
TFI Pay
Vs.
Other Credit Institution
Exchange Commission
TFI Pay
0%
Other
0.50%
Handling Fees
TFI Pay
0%
Other
0.10%
Processing Fees
TFI Pay
€0
Other
€12
Same Day Charge
TFI Pay
0%
Other
0.05%
SWIFT Cost
TFI Pay
€0
1
Other
0.15%
Total Cost
TFI Pay
€0
Other
€12 + 0.8%
1
For Payments below €100,000 or equivalent, a Swift cost of €10 is added.
Part 1 of 3
Real Example
CLIENT sells EUR and buys 100,000 USD and wires USD Payment to Beneficiary on 22/10/2018
Published Foreign Exchange Rate
(Higher Rate is better)
TFI Pay
1.1452
Other Credit Institution
1.1385
USD Amount to be Converted
(Into Euro)
TFI Pay
$ 100,000
Other Credit Institution
$ 100,000
Result of FX Conversion in Euro
(Less Amount is better)
TFI Pay
€87,320.99
Other Credit Institution
€87,834.87
Part 2 of 3
Published Charges and Commission in Euro to Apply
Exchange Commission
(0.40% | max 400)
TFI Pay
€0
Other Credit Institution
€351.34
SWIFT Cost
(0.15% | max400)
TFI Pay
€0
Other Credit Institution
€131.75
Same Day charge | If sent same day
(0.05% | max 200)
TFI Pay
€0
Other Credit Institution
€43.92
Processing
(Fixed)
TFI Pay
€0
Other Credit Institution
€12.00
Total Charges in Euro
(Less Amount is better)
TFI Pay
€10
Other Credit Institution
€539.01
Part 3 of 3
Amount of Euro to be paid
(FX Plus Charges)
TFI Pay
€87,310.99
Total Savings from FX Conversion
€513.88
Total Savings from Charges and Commission
€529.01
Total Savings with TFI Markets in Euro
€1,062.89
Total Saving with TFI Markets in %
1.22%
Other Credit Institution
€88,373.88
Total Savings from FX Conversion
€0
Total Savings from Charges and Commission
€0
Total Savings with Other Credit Institution in Euro
€0
Total Saving Other Credit Institution in %
0%
Licences
|
Legal Documentation
|
KID Documents
|
Auditors
|
Cookies Policy
|
Privacy Policy
|
Terms Of Use
Back to Top
TFI Markets Ltd
We specialise in currency conversion, third party payments and the provision of risk mitigate solutions to corporate clients.
Subscribe to our Company News & Notifications
You can choose what news to receive.
Subscribe
Payment Services
Why TFI Pay?
Cost Comparison
Open an Account
Currency Conversions
Service Payments
Hedging Services
Why TFI Hedge?
Examples
Currency Options
Option Strategies
Hedging with Forwards
Info & Tools
Fees & Charges
Cut-Off Times
Bank Interest Rates
Economic Calendar
Calculators
Trading Services
About Trading Services
Trading Introduction
Open an Account
Protection of Client Funds
Trading Products
My Account
Login
Open an Account
Forgot Password / PIN
About the Online Portal
Download MT4 Platform
Help & Support
Help Center
Contact Us
API