Become an agent

How to become an agent

Becoming an Imperial FX money transfer agent is a simple and effective way of earning commission on international remittances. Providing an excellent opportunity for you to increase your profits and attract new customers to your outlet.

Become an agent

As long as you have a computer, a local shop and a sufficient internet connection, you are eligible to become an Imperial FX agent.

Once your application to become an agent has been accepted, our Imperial FX team will install the software on your premises and train you and your team to become qualified in managing money transfers and foreign exchange.

Once your application to become an agent has been accepted, our Imperial FX team will install the software on your premises and train you and your team to become qualified in managing money orders, money transfers and bill payments.

As an agent, you will then earn commission on each Imperial FX transfer that is taken from you.

Benefits of becoming an
Imperial FX agent

There are a number of benefits to becoming a money transfer agent, but when you choose to become an Imperial FX agent, you have the advantages of working alongside an innovative brand that is revolutionising an industry and setting a new standard in the remittance market.

Secure Technology

While we offer competitive rates internationally, we are one of the leading foreign exchange company for those wishing to transfer to Latin America, Europe and the Middle East.

We pride ourselves on our international approach that can open new avenues to emerging economies.

Competitive International Rates

While we offer competitive rates internationally, we are the leading foreign exchange company for those wishing to transfer to Brazil, Portugal and the Middle East.

These are locations that many of our competitors have yet to enter, and we pride ourselves on our international approach that can open new avenues to emerging economies.

Business Focussed

We have a strong consumer following from those who make regular transactions to family and friends abroad, but we have also worked hard to establish a reputation with a business community who require a money transfer brand to offer the safety and protection of their transfers. This means that as an Imperial FX agent, you will not only be able to manage transactions for individuals but also businesses.

FAQ

Why should I choose to include money transfer as part of my business?

If your retail outlet is based within a cross-cultural community, you can become the lifeline for many who are supporting family and friends abroad.

By including a money transfer service as part of your business, you will not only help to serve your local community who require a fast, effective and secure money transfer option, but you will be able to earn commission for the service through each transaction.

From adding the Imperial FX money transfer service to your business, you will also gain customers through your door as you will be listed as a local agent and be seen as a trusted local avenue for those wishing to send money.

How much does it cost to become a money transfer agent?

To become an Imperial FX agent there is a standard setup fee of £400. This fee ensured you are registered and secured to be an Imperial FX agent. This also covers any training and on site setup at your premises.

What type of business do I need to be in order to become an agent?

As long as you have an established business that is compatible, you can become an Imperial FX agent.

We have a number agents in our network who have diverse retail offerings. From local convenience stores, newsagents, pharmacies, travel agencies to financial service providers. No matter your core business offering, money transfer can add a lucrative dimension.

How long does it take to become an agent?

Once you have contacted our team regarding your interest in becoming an Imperial FX agent, you will be required to fill out an application form to confirm your eligibility.
You may need to include the following information on the application:

• Confirmation that you own your business
• Confirmation that you have a working computer and a reliable internet connection
• Full name
• Contact details including telephone number and email address
• Business address
• Business type
• How many locations your business operates in

Approval of your application can take 2-3 business days.

Once you have been accepted as an Imperial FX agent you will be required to set aside one day to have the money transfer system installed onto your computer, and for your team to be trained on the system.

As all money transfer services are required to be licensed, our team at Imperial FX will facilitate the necessary licence. You will be contacted by an Imperial FX representative, who will guide you to the particular licence you will require for your business.

Combining the processes of application, installation, training and required licences, it may take between 5 – 7 working days to become an Imperial FX agent.

Do I need any previous experience in finance?

You will not require any previous experience in finance to become an Imperial FX agent.

Our rigorous Imperial FX training programme is more than adequate to educate you and your team in handling money transfers and understanding the laws of anti-money laundering.

How will becoming an Imperial FX agent affect my business?

When you become an Imperial FX agent your business will thrive as you will have access to more customers and more revenue.

As our agents are supported by a national listing, when any individuals or entrepreneurs require to send money locally through an Imperial FX agent, they will be notified of your business and service offering.

How does Imperial FX differ from other remittance services?

As a global money transfer company, we offer competitive international foreign exchange rates.

However, at Imperial FX we pride ourselves on the connections we have built with Latin America, Europe and the Middle East in order to provide the best rates for these growing economies.

With the UK currently home to a significant amount of middle eastern nationals, Imperial FX are the number one choice for those wishing to send money to Iraq, Jordan and the GCC.

Unlike our competitors, we do not use a third-party money transfer system.
At Imperial FX, we have built our own software that is more agile and secure, meaning that each transaction is supported and protected by our own team of developers.

With professional support available, our innovative technology puts our system above our competitors.

Will I require a money transfer licence?

No, you will not require a licence to manage international money transfers, Our representatives will guide you so that you can operate under our licence.

Once our Imperial FX team have your application, they will be able to facilitate the necessary licence.

Does it matter where my business is located?

No, you can become an Imperial FX agent anywhere in the world as long as you meet the criteria that has been set. We have agents across the world who are successfully enabling individuals and business entrepreneurs to send money internationally.

How much commission will I receive for being a money transfer agent?

The amount of commission you receive for being a money transfer agent depends entirely on the number of transactions made through your business.

At Imperial FX we pay commission to our agents based on the number of transactions that are made. Customers are charged a fee on every money transfer made through the Imperial FX system, and once processed agents receive a commission on this transfer fee.

When you become an Imperial FX agent you will be given the full breakdown of the commission structure.

What support will I receive from Imperial FX?

Once your application to become an Imperial FX agent has been accepted you will be contacted by an Imperial FX representative who will schedule your training.

As well as a free training starter pack, onsite training for you and your team, software installation and promotional materials; you will have access to our expert support team who will be able to answer any questions you may have.

What do I need to know about Anti-Money Laundering compliance?

Anti-money laundering refers to a set of procedures, laws and regulations to stop the practice of generating income through illegal actions.

During your Imperial FX training, you and your team will be educated on anti-money laundering in compliance with financial regulations. This training is intended to educate you and your team and to protect your business.

Will I be able to send money to any destination?

Yes, as an Imperial FX agent, no matter where your business is located your customers will be able to transfer money to over 200 countries.

As part of the Imperial FX agent network, you will enjoy the benefits of becoming part of a global community that operates all over the world.