- Many FX providers charge hidden fees or offer unfavorable exchange rates, making it challenging for clients to understand the true cost of their transactions. This erodes trust.
Who We Are
At TransferLab, we are a forward-thinking, boutique foreign exchange provider based in Northern Ireland, specializing in tailored FX risk management and trading solutions for both private individuals and corporate clients.
With over 30 years of trading history in the industry, we have successfully served more than 10,000 clients, facilitating secure transfers of over £2bn.
Current challenges in the FX Market
Costs
Traditional Banking Providers
- Traditional banking providers charge excessive fees and have poor customer satisfaction scores. Think long wait times in branch or on the telephone.
Challenger Banking Providers
- Challenger banks are increasingly widening their margins as they strive to turn a profit within their currently unprofitable business models. Think subscription and higher FX fees.
- Some challenger banks can have loose AML controls, high fraud rates, and the ability to freeze customer funds without notice.
Limited Access for SMEs
- Small and medium-sized enterprises often struggle to access competitive FX rates and advanced tools due to their size and transaction volumes. This restricts their ability to compete.
What Our Clients Say About Us
“TransferLab are absolutely invaluable…their systems, their staff and their competitive rates are just hard to beat and we wouldn’t go anywhere else.”
Director,
Colm Lindsay Cars Limited.
“I have used TransferLab services for the past 20+ years. I have in the past used TransferLab for some very significant seven figure transactions and the amount that I have saved between the banks and TransferLab has been considerable and in some cases can run into six figures. I would strongly recommend them as a service that is available to the business community and to individuals.”
Tom O'Gorman,
Experienced Investor & Entrepreneur
Our Partners
