money transfer web services

By: Exchange4free  11-11-2011
Keywords: Financial Institutions, Money Transfer, Money Transfer System

Exchange4free Web Services is available to the following companies who have their own existing online money transfer system:

  • Banks
  • Money Transfer Companies
  • Financial Institutions

This service can only be offered to companies that hold their own banking or money transfer licences and offers the following benefits:

  • Instant Entry into New Markets
  • No Red Tape
  • Expand your own Brand and Service Offering

The system has been specically developed to allow Money Service Businesses (MSBs) to link into the Exchange4free system via web services in order to use Exchange4free's pricing competitiveness and payout capability in certain countries.

All deals booked via the web service are hedged, transacted, managed and paid out by Exchange4free into the chosen destination country.

Exchange4free has very strong trading and payout capability into a large number of countries worldwide (particularly across Africa)offering payouts into over 150,000 global payout locations in over 100 countries.

Web Service Partners are able to select in which countries they would like to utilise Exchange4free's payout network and capabilities.

There are no setup costs charged by Exchange4free however this service is only available to reputable, licenced companies with their own online money transfer system.

Please contact Exchange4free for further information on our Web Services and countries where we can assist you with your payouts.

Keywords: Financial Institutions, Money Transfer, Money Transfer System, Online Money Transfer

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Other products and services from Exchange4free


Spot Forex

A Spot Foreign Exchange Transaction involves the purchase of one currency against the sale of another at an agreed price for delivery on a value date which is usually the trade date plus Two Working Days. Exchange4free are able to quote our clients very competitive exchange rates across over 100 currency pairs and transfer this money worldwide at low costs.


FX Forwards

A Forward Exchange Contract involves the purchase of one currency against the sale of another for delivery on an agreed date in the future. Margin is held by Exchange4free as 'security' against an adverse move in the exchange rate during the term of the Forward Exchange Contract. Please call our FX dealers for a quote on a Forward Exchange Contract.



A Non-Deliverable Forward is a forward contract on a 'inconvertible currency' that cannot be settled by physical delivery of the underlying exotic currency. In an NDF, the parties simply need between the forward exchange rate and the spot rate on value date, and the one party pays the other the difference. Exchange4free offer NDF's in a range of African, Asian and Latin American currencies.


Full Service White Label

Exchange4free offers full white label partners the ability to set up, maintain, develop and promote a fully branded high level money transfer service with little to no investment in systems, technology, staff, development or any other major costs and commitments when setting up a money transfer business.