eZforex.com, Inc., a Longview, Texas based corporation, is the nation’s leading foreign exchange service provider for financial institutions. Founded by Evan Shelan in 1994, eZforex was created to provide currency to credit unions, banks, travel-related companies, and direct consumers prior to departing the United Sates for travel. Today, with over 4,000 banks and credit unions, eZforex provides a turnkey solution for financial institutions in need of foreign currency and international transfers.
Products and Services
We offer a convenient venue for your members to purchase foreign cash or send IATs to Europe in minutes, integrating all global transfers and generating new revenues for your credit union with a value added service.
Members appreciate our lower sender fees and lower exchange fees. Senders save 50% over traditional wires while beneficiaries pay $0 in fees or deductions.
A one-stop shop for all countries, eZforex.com helps credit unions submit transfers behind online banking. We eliminate the need for intermediary and corresponding banking relationships that traditionally charge intermediary fees and our automated depositing of funds leads to a much lower risk of error. Credit unions are granted unlimited training and access to our support desk.
eZforex incorporates the disruptive FedGlobal® ACH technology developed by the Federal Reserve in the first fully integrated front-end interface for financial institutions. We provide foreign exchange services to banks, banker's banks, credit unions, and corporate credit unions using state of the art, innovative technology over a secure network, with embedded BSA and OFAC screening and compliance. Our OFAC list is updated nightly.