TorFX announced as Fiducia Commercial Network’s latest Plug-in Service Partner

TorFX, a leading provider of Foreign Exchange and bank-to-bank currency transfer services, is announced as Fiducia Commercial Network’s latest Plug-in Service partner.

The carefully selected partnership will enhance the service offerings of both businesses and create new opportunities for Fiducia’s network members, while delivering added value to their clients.

TorFX offers highly competitive exchange rates, no transfer fees, and expert guidance, providing businesses and private clients with seamless, efficient, and secure foreign exchange solutions.

TorFX Partnership

This partnership with Fiducia Commercial Network will give member brokers access to TorFX’s comprehensive currency transfer services, allowing them to offer clients an additional layer of support with their international finance needs. Through this collaboration, brokers can provide a one-stop solution, combining commercial finance transactions with seamless FX support, further deepening client relationships.

Nigel Fox, CEO of TorFX, said: “We are delighted to be partnering with Fiducia as we share the same customer centric values. In an increasingly digital age, it’s refreshing to find companies that genuinely put the client first and create operating models that are based on personal service.”

“We are delighted to be partnering with Fiducia as we share the same customer centric values.\”

Figure 1: Nigel Fox, CEO of TorFX

This latest partnership means that Fiducia Commercial Network can offer their member brokerages a robust and established FX service partner that complements their commercial finance solutions, further strengthening their client value proposition and supporting unrivalled business development opportunities.

Fiducia Commercial Network’s commercial finance brokerage members will be able to offer their clients access to competitive FX rates and expert assistance for international transactions, including FX for inward real estate investment, SME trade, and safeguarding business profits from currency market fluctuations.

Foreign Exchange Provider Expertise

Mark Grant, Managing Director of Fiducia Commercial Network commented: \”We sought an FX partner that shares our dedication to customer service and brings cutting-edge expertise in global currency markets.”

“TorFX checks all these boxes and has the infrastructure and technology to help us deliver a best-in-class Plug-in Service to compliment the commercial finance our member brokerages are delivering to their clients. Tor-FX in partnership with Fiducia Commercial Network provides all of this and is an exciting proposition that we see expanding opportunities for our AR brokers.”

\”We sought an FX partner that shares our dedication to customer service and brings cutting-edge expertise in global currency markets.”

Figure 2: Mark Grant, Managing Director of Fiducia Commercial Network

Creating Opportunities with TorFX

By integrating TorFX’s services, brokers on the network will help clients navigate FX challenges, removing the complexity they may otherwise face. TorFX’s non-advisory product allows brokers to introduce clients for a consultation with minimal effort, adding significant value with no additional workload.

Nigel Fox continued: “Our clients tell us how much they value our support at some of the key junctures in their life and demonstrate their appreciation by their feedback and by voting for us to win various consumer awards, but most of all, they demonstrate their satisfaction by ‘voting with their feet’ as many have used us for all their ongoing foreign exchange requirements for the full 20 years of our existence.”

As the partnership rolls out, both companies are optimistic that the combined offering will generate new business opportunities, boost client acquisition and retention, and deliver a best-in-class service experience for all involved.

NOTE TO EDITORS

For more information, please contact:

Michelle Bateman: pr@fiduciagroup.co.uk

About TorFX

TorFX is a trusted currency transfer provider known for offering highly competitive exchange rates, zero fees, and personalised support to both business and private clients. With over 20 years of industry expertise, TorFX has supported thousands of clients in managing their foreign exchange needs and safeguarding profits in an unpredictable market.

They offer dedicated Account Management, providing each client with expert guidance tailored to their needs. TorFX clients benefit from market insights, regular updates and specialist services, helping them make informed decisions and maximise transfer value.

About Fiducia Commercial Network

Fiducia Commercial Network is a commercial finance ‘Appointed Representative’ network created to allow independent firms to provide commercial property finance and trading business finance options to their existing client base and network.

Joining the network provides opportunities for professional brokers to offer a full range of commercial finance solutions by acting as an Appointed Representative (AR) with the full support of the Fiducia Commercial Network team.

Membership to Fiducia Commercial Network membership includes FCA authorisation and reporting, PI insurance, and NACFB membership, plus business, compliance, finance and system support from a company with over 20 years’ experience in commercial finance.

Figure 3: Fiducia Commercial Network Event, April 2024

For more information about Fiducia Commercial Network, please visit https://fiducianetwork.co.uk/