E4F Money UAB is an electronic money institution focused on international payment solutions. E4F Money UAB offers multi-currency accounts, international money transfers to natural persons, companies. In 2020 E4F Money UAB had total customer funds to be safeguarded of 0.00 EUR, E4F Money UAB generated a gross profit of 61,000.00 EUR. Incorporated in Lithuania, E4F Money UAB is authorized and regulated by the Bank of Lithuania.
Monthly Maintenance Fee
(United States dollar)
(West African CFA franc)
(Central African CFA franc)
(New Zealand dollar)
(South African rand)
international payment solutions
If you have time to wait for your funds for weeks, thats the service for you. I am very disappointed, its not the first time transfer takes weeks, but this time they started to completely ignore my emails and simply do not respond.
Not possible to transfer Euro from Germany to Namibia in NAD into a Namibian bank account. Two years ago, no problem. What happened?
Have used this company for many years and never had the problems we have seen in the last couple of transfers, we have found lately they take 3 to 7 days to transfer money from the UK to SA, as well as they now use Swift so my Bank Capitec have to call me that can take up to a week to release the transfer as well as pay a charge of R150. which in my mind is nonsense. Goodbye Exchange 4 Free, you will not see my business again.
PLEASE NOTE THAT THIS BUSINESS IS NOTHING TO DO WITH EXCHANGE4FREE.CO.ZA. For reviews on Exchange4Free.co.za please search for exchange4free.co.za in the search box at the top of the page.
I regularly transfer money from my Payoneer account to my ABSA account without any problems. Now suddenly this exchange4free who I've never heard of and have never dealt with intervenes and says I must complete their SARB form to complete this one transaction. Who are they to interfere. How do they suddenly come into the picture. Are they scammers. So I complete their online SARB with my correct ABSA account number and branch code. But keep receiving a return message that my account number and branch code are incorrect. That the numbers don't match. That's BS, they are correct and work with my Payoneer to ABSA transfers all the time except this one payment which they have exchange4free have blocked. They don't answer their phone number and the don't answer my emails. So where is my money now. Have I been scammed?
I have used X4F for 5 years and gave it a 5 star rating up until 4 months ago when transfers from the UK to SA suddenly took much longer to complete. Previously 24-48 hours now 3 to 4 days, not counting weekends. Not acceptable as I bring in a monthly pension and need a faster payment. Excuses offered are: receiving bank's fault or technical issues. Not good enough. Thanks for 5 good years but hubby and I will have to shop around for another provider.
Sorry but I have had a very good experience with them and I can confirm that it is NOT a scam. As long as you have your documents in order and you give the correct details to whose sending you money. It can be quite fast and efficient. Unfortunately we, who are receiving the money, don't have control over them since we are not their clients but our sender is, as told by one of their agents. But I don't mind if they continue to give a good service like what they did for me. Be careful of these so called scam reviews. Best to ask their payout partner first before making claims like that. Good job!
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On this page, you can see a detailed review of E4F Money UAB Payment systems with reviews from real users and our experts. E4F Money UAB provides the following services: Multi-currency Account, SEPA Transactions, SWIFT Transactions, Wire Transfer Acceptance, Batch payments.
At the moment, E4F Money UAB rating on Finscanner is 3.8 and on Trustpilot is 2.4.