International Money Transfer Comparison

We’re, and we review, rate, and compare international money transfer companies. We’re proud to say we have helped hundreds of property buyers, expats, and small businesses find companies and services matching their individual requirements.

Top-Rated Currency Transfer Services – October 2016:

  • Min Transfer: £/€/$ 100
  • Currencies Supported: 39
  • Offices : UK, EU, USA, India, UAE and South Africa.
  • Our Rating : 95.2%.
  • No Fees, Most Worldwide Offices, Best Platform
  • Min Transfer: £/€/$ 1,000
  • Currencies Supported: 121
  • Offices : UK, EU, USA, Australia, Hong Kong and Singapore.
  • Our Rating : 95.8%.
  • No Fees, Best Rate Guarantee (UK), Easiest Sign Up
  • Min Transfer: £/€/$ 50
  • Currencies Supported: 90
  • Offices : UK, USA, France, Spain (2 Offices), and Ireland.
  • Our Rating : 93.2%.
  • No Fees, Excellent Service, Since 1979, Banking License

  • Min Transfer: £/€ 1,000
  • Currencies Supported: 29
  • Offices : UK, Cyprus.
  • Our Rating : 92.6%.
  • No Fees, Expertise in Business FX
TorFX Logo
  • Min Transfer: £/€ 500
  • Currencies Supported: 59
  • Offices : UK, Australia
  • Our Rating : 93.4%.
  • No Fees, Emigration / Expat Expertise
  • Min Transfer: £/€ 1,000
  • Currencies Supported: 138
  • Offices : UK.
  • Our Rating : 89.6%
  • Free Transfer, Veterans In The Business

View Additional Companies: Was Featured On: 





Our Review Focuses

32 currency transfer companies reviewed… and counting!


Our aim is to provide our readers with the absolute best money transfer providers, and we follow these guidelines in order to fulfill that highly important task.

  • Service: Availability, Promptness, and Client Satisfaction.
  • Reputation: Long Track Record, No Negative Reviews, Winning Industry Awards.
  • Price: Currency Exchange Rates, and Fixed Transfer Fees.
  • Features: Online Trading Platform, Forward Contracts, Corporate FX Hedging, and Regular Payment Options.
  • Reach: Amount Of Currencies Available, Multiple International Offices.


Making International Money Transfers Cheaper

This is how commercial currency companies such as the ones reviewed on our website will help you save money in comparison with banks. Don’t take our word for it – though. Ask for a foreign currency transfer quote from your bank, and check that indeed, the saving is immense.

No fees and commissions:

High street banks charge high fees for international wire transfers, and sometimes, they would even charge commissions on top of that. The providers that we recommend charge neither fees nor commissions. Bank fees on international transfers can reach up to £25 in the UK, €30 in Europe, and  $50 in the USA, Canada or Australia.

Better foreign exchange rates:

As a rule of thumb, the money exchange itself should be a lot cheaper with our top rated companies over banks. The larger the transfer is, the higher the saving, as you’ll get cheaper quotes. To ensure maximal saving, compare quotes from a few featured companies and negotiate the pricing.

Payments are optimised, payment schemes are bespoke:

Each client is assigned with his unique foreign exchange specialist in order to create a bespoke plan that will optimise the saving, as well as an array of technological tools embedded inside their online platform. The international money routes are planned in order to avoid bank unnecessary fees (such as recipient bank fees).

Foreign exchange companies and banks compared

Here is a simplified table demonstrating the differences between a top-notch commercial firm and a bank. To view a full fx companies vs banks comparison piece follow the link.

International Payment Company High-Street Bank
Service Dedicated, certified, fx dealer. A banker with  no particular knowledge in fx.
Fees Usually, outbound or inbound wire fees. Up to £25 / €30/ $50 per transfer.
Rates Wholesale. Anywhere between 0.3% and 2.5% spread depending on volumes and currencies. Sub-par. Up to 5% margins on exotic currencies, and up to 3% on standard pairings.
FX Options Readily available for all clients. Only for high net worth individuals or large corporate clients.
Reporting Get emails detailing the payment’s status. Receive phone calls from your dealer upon request. Get notified once the transfer is over, no updates on status before transaction is completed.
Speed Most destinations within 24h. By default, transfers can take up to 3 days. You need to pay a premium to get a quicker delivery.
Security of Funds Client accounts are segregated for any company approved by the FCA as an authorised payment facility. Protected by the PRA up to GBP 75,000. Other protective measurements are in place outside the UK.
Nationalities Accepted Clients from UK, Australia, Canada, New Zealand, or the EU are always accepted. Larger companies will accept USA clients, South African clients, UAE clients, and others. All clients have access to all foreign currencies. Each domestic bank accepts clients from its destination locale. Few banks like HSBC will allow clients to interlink international accounts.

Exclusive Promotions and Offers:

We have teamed with some of the top 10 largest money transfer firms based on our rating, to be able to provide some unique offering our readers. View the slider below and discover a few our hottest deals. Please be contact us if any of the firms did not stand up to their word. We will do whatever we can to help out.

mtclogobuttonPayoneer, one of the most innovative solutions to accept payments from businesses and suppliers abroad, offers our clients $25 free + no loading fees.

Duration: Indefinite

View Offer 

mtclogobuttonGlobal Reach Partners, one of the top 10 currency companeis in the UK, offers online and telephone transfers with no fixed fees, exclusively via this link!

Duration: Until Dec 31st, 2016

View Offer 

mtclogobuttonMoneycorp, a world leader in international payments, one of the top 10 money transfer companies list in the world, offers free online and telephone transfers (fixed fees will be waived), only if you sign through us!

Duration: Until December 10th, 2016

View Offer 


Currency Index offers a fee-free international currency transfer, in addition to a free receipt, exclusively to our readers. This freebie is valued at £12-£17.

Duration: Until December 10th, 2016

View Offer 

mtclogobuttonCurrency Index offers fixed margins of %0.495 for all overseas transfers above £50,000. That includes all currency pairs. Currency Index accepts clients from the UK, Europe, and Australia.

Duration: Until December 10th, 2016

View Offer 

mtclogobuttonCurrencyFair, one of the hottest money transfer startups in the world, offers an exclusive deal for readers – a first FREE transfer.

Duration: Always

View Offer 

membersWe Compare International Money Transfer Services For:

Our main audienceAdditional Audiences

Overseas Property Buyers: 

Individuals needing to make large international bank wire payments, usually for an asset abroad. Money is paid either instantly, through a single transfer, or in installments.

These individuals require high levels of safety and trust, as well as solid guidance on how to hedge future payments. The larger the transfer is, the better money exchange rates the property buyer should expect.

Sending Money Abroad 

Small/Medium Businesses: 

SME’s that either import/export goods, receive payments in foreign currency, or pay salaries to employees abroad.

Business owners, and money managers, look for nothing but top-notch companies. The largest organizations, which have been longest in business, highly regulated, with the highest liquidity that will allow them to provide the best currency transfer rates.

Business Foreign Exchange 


It is estimated there are over 50,000,000 expats worldwide., all who need to internationally transfer salaries or pensions, and make small or large payments, on a regular basis.

The company these expats will choose will have to have a wide global reach, easy sign-up process, and intuitive online platforms – and are undoubtedly will make their lives so much easier.

Regular Transfers 



It is estimated there are over a billion travelers every year. They need to exchange cash. Exchange beauruex provide horrible rates, so they seek an alternative.

What these individuals are looking for is pretty simple: save on expenses. The process must be easy, quick and secure. They sign up, load funds from their debit or credit card, and a receive cash delivery.

Buy Holiday Money 

Work Immigrants: 

With over 230m working immigrants worldwide, remittances impose a large effect on world economy (read more about the world remittance market here).

Working immigrants need remittances services that have high global reach, and do either bank-to-bank or bank–to-cash transfers with minimal fixed fees, and best currency exchange rates on the market.

Immigrant Remittances 


There are 123 mobile phones for every 100 UK citizens, which says everything. People are accustomed to perform all their daily tasks through their mobile devices, and international money transfers should be no different.

Techies expect a smooth mobile experience, by a native app that enables users to set a market watch alert on certain currency pairs and transfer promptly.

Money Transfer Apps 

More Than a Foreign Exchange Services Guide

IntroNext StageLarge Transfers

View the video above to learn how we help thousands of individuals and businesses find their fx companies tailored to their own specific needs.

Learn & Discover
✓ Learn: Get a grasp of the basics by reading our FAQ. Become familiarised with today’s official foreign exchange rates. Read about the advantages of Foreign Currency companies over banks.

✓ Discover: Browse through popular reviews on our website and see which company accommodates your requirements. Our most popular reviews on the site are MoneyCorp, World First, Currencies Direct and Currency Solutions .

✓ Note: Transfer to bank accounts  only. Deposit by domestic bank transfer, or via credit card. It’s always recommended to deposit funds via bank transfer, as it’s cheaper. Transfer online or via telephone (several companies also offer apps).

For cash pickup view our remittances page, for cash purchase view travel money page

 Use Telephone When Transferring Large Amounts

One of the greatest advantages of moving money internationally with a currency firm is the dedicated dealer feature. The dedicated dealer will escort you throughout all phases of your transfer, and will provide free guidance on the timing and structure of the deal.

He will watch the market for you, teach you about the different hedging strategies you could apply to your transfer, and adapt to your individual requirements, needs, and thoughts. This truly is the best way to transfer money internationally.

The same currency dealer will also escort you with future transfers.

Tip: Tip: If you want to maximize savings, compare currency exchange rates between different service providers. The higher the sum of funds transferred, the better exchange rate you can get.

Note: If you need a prompt transfer, the quickest way is the online money transfer option.


It’s More Than “Money Transfer Sites”

dartWe pride ourselves in thorough and fully-detailed reviews. We devote a lot of time and resources into reviewing each individual provider which we deem as worthy of reviewing. Unlike some of our competitors, we are not owned by a million-dollar-company. Unlike our competitors, our aim is not to simply compare foreign exchange rates between different sites, and recommend whoever is offering the cheapest price or the lowest fees.

It’s a part of what we do, but it’s not our main goal.

We believe that international payment companies should provide safety and security, above all. This is why we are focused on elements besides pricing. It’s a part of the overall rating we provide each company, but it’s not everything. We do not treat the companies we review as “sites“, we try to conduct an appropriate due diligence as we would make before engaging with any global business partner.

Below are the key aspects we scrutinise in order to establish a state in which we feel comfortable with recommending a company:


Legal Status

We look at the regulatory status of each company; Is it only registered with the FCA or is it authorised as a payment institution? Is it supervised by additional regulatory authorities across the globe? Has it been accused of fraud?


Track Record and Volumes

How long is the company running for? How many clients does it serve? Where are its offices? What kind of volumes does it trade? Who owns it, and who runs it? Does it have worldwide offices? Where?


Client Reviews

We browse hundreds or thousands of individual reviews for each company, and see what clients think of it, and they would recommend them. We also look at money transfer sites from the technical perspective – we would only recommend ones that have mobile friendly designs, functional platforms, and are apt for mobile devices (or have appropriate mobile apps).


Personal Assistance

We prefer companies that enable you to create a personal interaction with you. Such companies assign one dedicated point-of-contact to help you with your traders. This is definitely a way for clients to feel more secured – being able to reach your dedicated fx dealer at any time.


Our Interaction

Our business relationship (as referral partners) with some of the companies reviewed on this website can help us separate the whiff from the chaff. We are able to visit them in their offices, speak directly to the people who work there and assume their level of professionalism and integrity, and get to learn the financial standing of the company.

We believe what we se; and thus, we have met with 6 of the fx companies which have received the highest scores on our testing.


Dealing with Complaints

Even the best services in the world sometimes receive complaints. That’s only natural and we would be respectful if none would come up for companies that are providing their fx services to hundreds of thousands of clients.

The question is how they encounter complaints. Are they open with the client when they have mistreated them? Do they take any inquiry seriously and bother searching for complaints online and responding to them? Are they sharing some of these resolutions with us? Do they bother respond to complaints left on Are they able to handle fx cases we had decided to research?


Note: We try to apply to the widest audience as possible, but as the majority of clients require wire transfer services is in the UK, our  reviews lean a bit towards UK-based individual, British expats, and UK-based businesses. Other major locales we focus on include Australia, Germany, France, Spain, USA, Canada, New Zealand, South Africa, Singapore, Switzerland, and Sweden.Matt Di Vincere, Site Editor



More From Money Transfer Comparison

We are just getting started. Did you like what you’ve seen so far? Do you think we can be considered one of the best sites in this field? If the answer is yes, then please do visit us in the future.

We are in an ever-expanding process since 2014, and our quality and quantity improves with almost each day passing by. Our expert staff, which consists of ex-bankers, ex-traders, and real expatriates who lived in more than 20 countries are eager to

✔ Write more fresh reviews of foreign currency services (let us know if there’s a worthwhile service we haven’t noticed!)

✔ Better selection of the best international FX companies (the more we learn from you, the better we get)

✔ Provide financial guidance on making the right foreign currency management decisions at the right time

✔ Fuel up the site with more of everything – where it’s comprehensive guides for global businesses or relocation advice for puzzled expats – we want to have more of it

✔ Free raffles & promotions to make our reader’s bank account transfers as cheap as we possibly can


Stay tuned!


Thank you, and enjoy your journey with us.




1 comment

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    Posted on May 1, 2016

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