Venstar Exchange Reviews 

35
TrustScore 4.5 out of 5

4.5

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Rated 5 out of 5 stars

Very professional. And fast. I've used their services every now and again for US -> EU fund transfer (and conversion) and they deliver every time. Sad that my contact there left, but the new one is gr... See more

Company replied

Rated 5 out of 5 stars

Friendly, easy, uncomplicated. This is not the first transaction with Venstar Exchange, and all of them have gone really well. Customer service is very knowledgeable - when our beneficiary changed the... See more

Company replied

Rated 5 out of 5 stars

Venstar (Axel and Andre) were very successful in helping me transfer funds from Berlin to the US. In every step of the way, the service was polite, friendly, personal, expert and transparent. It's har... See more

Company replied

Rated 5 out of 5 stars

The service l received was excellent. Our agent, Andre, was on top of everything and very accommodating. Even to the point of phoning to reassure me when l was getting nervous about the transaction... See more

Company details

  1. Money Transfer Service
  2. Currency Exchange Service

Information provided by various external sources

Venstar Exchange is the trusted name in international payments for businesses and individuals. You will experience fast, reliable and personal assistance on every payment. We tailor our solutions to meet your needs.


Contact info

4.5

Excellent

TrustScore 4.5 out of 5

35 reviews

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4.5

All reviews

(35)

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Rated 5 out of 5 stars

Satisfied returning customer

Very professional. And fast. I've used their services every now and again for US -> EU fund transfer (and conversion) and they deliver every time. Sad that my contact there left, but the new one is great too. Will work with them again whenever I need to conduct a new transaction.

8 September 2022
Unprompted review
Venstar Exchange logo

Reply from Venstar Exchange

Your new contact at Venstar personally thanks you for your kind words!

Rated 5 out of 5 stars

Friendly, easy, uncomplicated

Friendly, easy, uncomplicated. This is not the first transaction with Venstar Exchange, and all of them have gone really well. Customer service is very knowledgeable - when our beneficiary changed their banking details to"new account which needs to be further credited to an account at another bank" Axel from VE knew exactly how and what to do and the transaction was completed smoothly. We usually send payments for a few invoices lumped together, and none of our suppliers has not received a payment on time. When transacting with them, I always feel well taken care of. Communication is sufficient and clear, instructions about transfers are easy to follow. Definitely recommend them.

30 August 2022
Unprompted review
Venstar Exchange logo

Reply from Venstar Exchange

Thank you so much for taking the time to write such a detailed and kind review. We enjoy offering excellent service, and clients like you are the reason why!

Rated 5 out of 5 stars

Venstar was excellent

Venstar (Axel and Andre) were very successful in helping me transfer funds from Berlin to the US. In every step of the way, the service was polite, friendly, personal, expert and transparent. It's hard for me to exaggerate how excellent the service was.

26 July 2022
Unprompted review
Venstar Exchange logo

Reply from Venstar Exchange

Thank you very much for taking the time to write such a generous review. We really appreciate it!

Rated 1 out of 5 stars

Useless for non-US residents unless they want to send really big money

Venstar invites residents of various countries to register.
However, they require certified copies of identification documents, and these are difficult and/or expensive to get outside the US. (In the US, I would go to my bank and get it for free and quickly.)
Just wasted time spent on applying.
Added after Venstar response:
Venstar did not understand my complaint.
I did not complain for Venstar following the laws.
Rather, I complained for having to go thru the application process in vain. (I checked the first page of the application and it did not indicate anything about certification.)
Also, Venstar claimed that I complained that I find this requirement tedious; rather, I found it impractical for me to achieve.
Venstar explained:
"Certification of documents is only required for documents originating from those countries where we are currently not able to electronically verify identities...
Countries and regions where certification is not required are: ... United States."
Venstar required certification of my US passport and of the statement from my US bank, contrary to this explanation.
Venstar indicated: "This requirement and the exempt countries are clearly stated in our registration form which you submitted."
I reviewed the registration form I received from Venstar, which requested the documents, and it did not mention anything about the certification.
I find that Venstar's response can only cause me to downgrade my review, rather than upgrade as they requested.

11 November 2021
Venstar Exchange logo

Reply from Venstar Exchange

Dear Baruch Youssin,

We appreciate your suggestion that we move to the start of our registration form the legal requirement to have certain supporting documents certified if they are not issued by the countries listed below*. This only affects less than 1% of our clients, but they are as important to us as all the others. We have therefore discussed this with our team and already implemented the change. Thank you.

Given that you have not had the opportunity to use our service we feel that the 1 star is rather harsh, based as it was only on the location of these requirements on our registration form and not an experience of our services (and savings over bank rates). If you are willing to re-consider your 1-star review that would be appreciated. If there is anything we may do to be of assistance in the future we sincerely hope to make it up to you.

* Countries and regions where certification is NOT required: the EU, Australia, Canada, Iceland, Japan, Liechtenstein, New Zealand, Norway, Singapore, Switzerland, United Kingdom, and the United States.

Sincerely,
Axel Sturmann
Venstar Exchange

Rated 5 out of 5 stars

Swift

Swift, efficient in time, and clear and precise as to the means and steps required. Excellent customer support.

10 May 2021
Unprompted review
Rated 5 out of 5 stars

Very good Company

I transferred money from the US, the transaction was flawless and as quick as is reasonable. I have used Venstar many times and always found them a pleasure to deal with

10 May 2021
Unprompted review
Rated 5 out of 5 stars

Exceptional Service

I have been working with Venstar for several years now. My account representative, Andre Noce, has provided exceptional service the entire time. It has been great to have the continuity of working with one person. Andre is always extremely responsive and exceptionally helpful.

15 February 2021
Rated 5 out of 5 stars

Both my daughter and I were in touch…

Both my daughter and I were in touch with you about the transfer of funds. We were truly delighted and grateful for your rapid responses, clear instructions, your thorough due diligence, and safe transfer of the fund to our account.
Thank you and hope we will work with you again. Warm regards, Gowher

6 November 2020
Rated 5 out of 5 stars

Excellent customer service and…

Excellent customer service and communication. Andre Noce is very helpful and patient; and Axel Sturmann at Customer Service is always there to help when Andre being on the east coast is not available.

4 June 2020
Unprompted review
Rated 5 out of 5 stars

Venstar

I have been using Venstar for 5 years. Their prices are competitive and their service is great. We have had the same customer service rep and he is always helpful and patient. We have never had a problem. The trades are always executed promptly.I recommend them.

4 June 2020
Unprompted review
Rated 5 out of 5 stars

Great experience using Venstar-Exchange

Had a great experience using Venstar-Exchange for money transfer. The process was streamlined and instructions were spot on.
Special mention to Andre & John for being responsive and helping through the process.
Will definitely choose them for future transfers.

26 February 2020
Unprompted review

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