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Macro International Cargo
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Uno Forex in New York, NY
No stored Google rating available.
Uno Forex offers currency exchange for 30+ currencies, money transfers, and 24/7 self-service exchange at their NYC location since 2003.
Data compiled from public sources
Uno Forex Review
Uno Forex has operated as a currency exchange and money transfer service in New York City since 2003, positioning itself as a convenient alternative to traditional banking for international financial needs. The company operates a physical storefront at 870 7th Avenue (corner of 55th Street) with a 24/7 self-service exchange machine accessible through an adjacent hotel lobby, supplementing their in-store service hours. Staff speak English and French to serve their diverse clientele.
The company's core services include currency exchange for 30+ currencies, money transfer capabilities to send funds worldwide, and competitive rate offerings with no commission on transactions over $300 USD. Their business model emphasizes listed pricing with no fees to verify, and they provide receipts for all transactions. They welcome corporate accounts and offer both immediate in-store exchanges and 24/7 machine access.
Uno Forex distinguishes itself primarily through exchange rate competitiveness. Customer reviews consistently highlight rates that stay within 2 cents of spot rates, with one reviewer noting they received $1.11 per euro while competitors offered $0.87. The company's extended availability (24/7 machine plus extended store hours) and staff language capabilities differentiate it from typical currency exchange competitors. Their physical Manhattan location on a high-traffic avenue provides accessibility for both tourists and residents.
While the website content presents no significant red flags, the company operates in a commoditized industry where rates fluctuate constantly and competitive advantage is primarily price-based. Reviews are strongly positive but represent a self-selected sample. As a non-bank financial services provider, regulatory oversight is more limited than traditional banking institutions. The 24/7 machine may have different rates or features than in-store service, as noted in customer feedback.
Services & Features
24/7 self-service exchange machine
Bilingual service (English and French)
Competitive rate quotes
Corporate account services
Currency exchange for 30+ currencies
In-store currency exchange during business hours
International money transfers
Money transfer services to send funds worldwide
No-commission exchanges for transactions over $300 USD
Receipt provision for all transactions
Feature Checklist
Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection
Pros & Cons
Pros
- No commission on transactions over $300 USD
- Rates reported within 2 cents of spot rate at time of transaction
- 24/7 self-service exchange machine in addition to store hours
- Exchanges 30+ currencies with listed pricing and no fees to verify
- Bilingual staff (English and French) available in-store
- Established since 2003 with 20+ years of operating history
- Prime Manhattan location at 870 7th Avenue, accessible 24/7 via hotel lobby
Cons
- As a non-bank entity, less regulatory oversight than traditional financial institutions
- 24/7 machine rates reportedly differ from in-store rates per customer feedback
- Limited service expansion beyond single NYC location despite 20+ year history
- Exchange rates are commodity-based and highly competitive, requiring rate shopping
- No information on dispute resolution or customer protection policies publicly available
State Consumer Finance Context
This is state-level context for Check Cashing & Money Services consumers in New York, NY. It does not confirm that Uno Forex or this specific location is licensed.
State regulator
New York Department of Financial Services
Consumer protection
Money services context in New York
Short-term lending status: Banned
General rate context: 16% civil usury; 25% criminal usury; payday lending banned
New York bans payday lending through its 16% civil usury and 25% criminal usury caps. The Department of Financial Services aggressively pursues illegal online payday lenders. Consumers have strong protections under state law and can file complaints with DFS or the Attorney General.
Key state rules to check
- Payday lending is banned; civil usury cap of 16% and criminal usury cap of 25% make it illegal.
- The Department of Financial Services actively enforces against online payday lenders targeting NY residents.
- Licensed lenders under the Banking Law may charge rates agreed upon for certain loan types.
Complaint resources
- New York Department of Financial Services - State Regulator
- New York Attorney General Consumer Frauds Bureau - State AG
- Consumer Financial Protection Bureau (CFPB) - Federal
State references
Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.
Frequently Asked Questions
What services does Uno Forex offer?
Uno Forex offers 10 services including Currency exchange for 30+ currencies, 24/7 self-service exchange machine, In-store currency exchange during business hours, International money transfers, Money transfer services to send funds worldwide, and 5 more.
What profile signals are listed for Uno Forex?
Uno Forex has profile signals associated with International travelers and tourists in NYC needing same-day currency exchange, Business professionals and corporate accounts requiring frequent foreign exchange, Individuals sending remittances internationally seeking rate claims to verify, Residents of Manhattan needing 24/7 emergency currency access.
What are the strengths and weaknesses of Uno Forex?
Key strengths: No commission on transactions over $300 USD; Rates reported within 2 cents of spot rate at time of transaction; 24/7 self-service exchange machine in addition to store hours. Areas to consider: As a non-bank entity, less regulatory oversight than traditional financial institutions; 24/7 machine rates reportedly differ from in-store rates per customer feedback.
How does Uno Forex compare to similar companies?
In the Check Cashing & Money Services category, comparable providers include Macro International Cargo, 47th & Pulaski Currency Exchange, Productos Colombianos | Envios de Paqueteria a Colombia | Cambio de Cheques | en San Jose CA | Elite Multiservice. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.
CreditDoc Profile Note
Research Note on Uno Forex
Uno Forex is best suited for NYC-based international travelers, businesses, and individuals needing competitive currency exchange and money transfers without commission on larger transactions. The main caveat is that exchange rates are inherently competitive and fluctuate constantly, so while reviews praise their rates relative to local competitors, customers should verify rates before committing, and the company's profile context depends entirely on real-time rate comparison.
Profile Signals
- International travelers and tourists in NYC needing same-day currency exchange
- Business professionals and corporate accounts requiring frequent foreign exchange
- Individuals sending remittances internationally seeking rate claims to verify
- Residents of Manhattan needing 24/7 emergency currency access
Updated 2026-04-29
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Quick Summary
- Uno Forex is listed as a Check Cashing & Money Services provider in New York, NY on CreditDoc.
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