SendFX Review – Is SendFX Legit?

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SendFX REVIEW

Summary

SendFX is a new breakthrough free international money transfer service

Read 100% Free SendFX Review by Scamorno Team

Details

System SendFX
Website URL www.SendFX.com.au
Trial Start Trial
Overall Score 9.3/10

FULL REVIEW OF SendFX

Would you like to know more about SendFX and whether or not you should really send money with this new money transfer service? SendFX is a new money transfer company from Australia.  They are taking on the banks and companies such as OFX and TransferWise to help Australians transfer money abroad. International money transfers is their first product however it does not look like it will be their last with plans to launch a card, digital wallet and a loyalty point scheme in the next 12 months.

They are partly owned by ASX listed company Novatti who took up a 25% stake in SendFX in March and run by Paul Billings and Ian Cragg, formally from TorFX.

Visit SendFX Website

What Are Some Pros and Cons of SendFX?

Pros:

  • No fees for all international money transfers
  • Works great for both online and over the phone
  • Good exchange rates, especially when compared to the banks
  • The security of transacting with an ASX listed company

 

Cons:

  • Minimum transfer amounts apply
  • They do not accept credit card
  • Short track record for a small company
  • No international offices to transact with

Is SendFX Really Good To Use?

Clearly SendFX have been delighting their new customers since opening their doors. They have one of the highest Trustpilot scores of any money transfer service in the world, let alone Australia. The most comments discuss how fast and easy they are to use. Please take into account, their score is based of only 30 reviews so time will tell if they can keep up the good work.

SendFX is a legitimate and safe company. They have an Australian Financial Services License and regulated by the Australian Securities and Investment Commission, with AFSL number is 509635. They are also backed by a large ASX listed company, Novatti which has provided their majority of the technology SendFX use.

As always it’s important to make to check out their terms and conditionsFinancial Service Guide (FSG)Product Disclosure Statement (PDS) and Privacy Policy. SendFX are also members of the Australian Financial Complaints Authority (member number 71562).

Review Verdict: SendFX is a legitimate service that works

Visit SendFX Website

Consumer Fraud Alert Regarding SendFX

The success of SendFX has given rise to many frauds who try to sell their own fake services in its name. This is a big issue as many customers have lost their money in buying from such fake sites. It is advised that customers should be really careful when they are purchasing and should do some research before they buy from any website. To spot these, watch out and avoid sites that claim to write about SendFX, yet the write-up is completely garbage as they are created by software and spammed all over the internet. It is always better to avoid buying from any other site other than the official one. Therefore, it is highly advised that consumers do careful research, or only buy from the site from the official website here – http://SendFX.com.au/Official (link opens in a new window). The official website that they have includes the legitimate website.

Conclusion about SendFX

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SendFX are only help individuals for now. They are due to open their offering to businesses next year with a focus on online sellers and SME’s in Australia. if you would like to experience fast and free international transfers right now, we highly recommend you to learn more about SendFX at the button link below!

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