Below you can find a list of all money transfer company reviews on MoneyTransferComparison.com. Most of these international money transfer services have been thoroughly reviewed by Money Transfer Comparison’s expert staff, and assigned a rating conveying the editor’s opinion about the quality of services they provide. We encourage you to read the full reviews, where available, to get a full understanding of the money transfer company you are interested in.
International Money Transfer Companies List
Top 3 Money Transfer Services, by Overall Rating:
- International Money Transfers since 1996 - £10bn in Annual Turnover
- No Transfer Fees and Excellent Rates
- 20+ Global Offices
- Very Friendly, 96% Satisfication from Customers
- Quick Onboarding Process
- Highly Professional, Staff with 100+ Years of FX Experience
- Competitive Exchange Rates
- Many Hedging Options
- Since 1979
- Very Recognisable Brand with Excellent Reputation
- £36.9in Transfers Annually
- Offices in Every Continent
- Business Specialists
- Many Consumer and Business Awards
|Company||Our Rating||Recommended for||Description||Visit|
|#4||92.6%||Large Transfers (Private and Corporate Clients)||99% client satisfaction – highest in industry.||Visit Website|
|#5||90.6%||Medium to Large Transfers (Private and Corporate Clients)||Large firm which has remained friendly and receptive towards clients.||Visit Website|
|#6||90.4%||Transfers of All Sizes: From Remittances to Large Corporate Payments||Headquartered in Australia and publicly traded on the ASX. Great online system and professional service.||Visit Website|
|#7||87.3%||Large Transfers, Corporate Payments||No fixed fees. Rated 99% by clients. Great online platform. Professional service.||Visit Website|
|#8||95.2%*||* Only for E-Commerce and Business Clients. Private clients not allowed.||Excellent rates and online seller offering||Visit Website|
|#9||86.8%||Remittances and low-value Transfers||Fixed, low, rates. Easy sign up process. Good reach. High credibility.||Visit Website|
|#10||85.6%||Tech-loving corporate clients||Airwallex is a payment API for small businesses offering great rates.||Visit Website|
|#11||85.5%||B2B Transfers, Overseas Payments to Freelancers, Receiving Money from Abroad as a Freelancer or SME Owner||A truly comprehensive and unique solution for business to business payments (including sole proprietors and freelancers).||Visit Website|
|#12||85.0%||£1,000 trades and up||A Boutique firm – Currency Cloud based – plenty of potions, online trading, multi-currency accounts and more||Visit Website|
|#13||N/A||Small Transfers, Remittances, Cash and Mobile Transfers||Whitelabel for WorldRemit.||Visit Website|
|#14||81.1%||Medium to Large Transfers, Corporate and Private||Key Currency has a great website and online system, as well as good rates and overall a great service.||Visit Website|
|#15||80.4%||Business Transfers, Online Only||Kantox offers businesses to transfer money abroad for tight margins using a transparent pricing system.||Visit Website|
|#16||80.1%||Medium to Large Transfers, Individuals and Corporate Clients||CurrencyUK has been award the Best Money Transfer Provider by the British Bank Awards in 2018 and offers a smooth sign-up process.||Visit Website|
|#17||80.0%||Corporate and private clients, large transfers of £4,000 or more||A new company established in 2018 which is still quite small but seems promising.||Visit Website|
|#18||79.0%||Small Remittances Transfers, USA Oriented||Travelex is a well known remittances provider which has fallen||Visit Website|
|#19||78.6%||International Money Transfers (and investing)||Publicly traded Hargreaves Lansdown’s money transfer services. Large and respected company that doesn’t have any particular speciality with foreign exchange.||Visit Link N/A|
|#20||78.0%||Remittances, Prepaid Travel Cards||FairFX is a publicly traded company which is best known for its prepaid travel money cards, but also offers an international money transfer service.||Visit Link N/A|
|#21||78.0%||Medium to Large Transfers, Corporate and Private||Smart Currency Exchange has great feedback across the board by clients that have used it, good rates, and an overall good level of reputation in the industry.||Visit Link N/A|
|#22||Xoom Money Transfer|
– Read Review
|77.8%||Remittances and Small Transfers, Cash to Cash Transfers, USA and Canada Only||Xoom is a known online money transfer provider which supplies reasonable rates for small scale remittances outside the USA and Canada.||Visit Link N/A|
|#23||77.2%||Remittances and Small Transfers, Cash to Cash Transfers, USA Oriented||Ria money transfer is a solid remittance provider for those who want to send small amounts of money online from the USA to a developing country, or a remote place in the world.||Visit Link N/A|
|#24||77.0%||Remittances and Small Transfers, Cash to Cash Transfers, Widely Global||World Remit is a great initiative that has helped immigrants to transfer money across borders for cheaper than before, with great global reach than before.||Visit Link N/A|
|#25||77.0%||Domestic Payments and Small Payments – App Only||Revolut is a huge FinTech app with over 6 million registered users. The rate at which it has grown is truly unbelievable. Revolut is definitely not in the mold of your standard money transfer company.||Visit Link N/A|
|#26||75.0%||Remittances||Azimo is a leading remittances providers in the UK and Europe with mixed opinions from clients who have used it.||Visit Link N/A|
– Read Review
|75.0%||Remittances from £50 and up||One of the most promising remittances providers offering solid fees and exchange rates, comfortable-to-use website and app, and high level of satisfaction by clients.||Visit Link N/A|
|#28||71.0%||Remittances (USA based and oriented)||Transfast is yet another remittances company focused on enabling immigrants to transfer money abroad online for a fraction of the costs of Moneygram and the likes.||Visit Link N/A|
|#29||72.0%||Small Remittances Transfers||TransferGo has 8,000 reviews online with very high percentage of satisfaction. The fees are low, and the markup is only up to 2.2% per transfer.||Visit Link N/A|
|#30||71.0%||Medium to Large Transfers, Individuals and SMEs||PureFX is a standard UK-based money transfer company offering all the “plain vanilla” functions you could expect, but is much smaller in size than known competitors.||Visit Link N/A|
|#31||71.0%||Medium to Large Transfers, Individuals and SMEs||Another London-based money firm focused on medium and large transfers. Great feedback from clients and strong offering on hedging. Large £15 fee per transfer.||Visit Link N/A|
|#32||71.0%||Transfers of all sizes – Individuals and Business – Australia||Innovative Ripple-network money transfers company based in Australia with good user reviews but sub-par rates which is still relatively small and unknown.||Visit Link N/A|
|#33||N/A||Natwest Clients (UK)||Very high rates for international payments. A UK bank.||Visit Link N/A|
|#34||N/A||Remittances – Online and on Branch, Receive in Bank Account or Cash||The largest and most global payments provider out there bar none. Western Union can reach regions other, smaller, providers, simply can’t.||Visit Link N/A|
|#35||N/A||International money transfers, focusing particularly on high end transactions.||A relatively small, UK oriented, FX provider. Great reviews by clients, but very limited reach and selection of currencies..||Visit Link N/A|
|#36||N/A||Remittances – Online and on Branch, Receive in Bank Account or Cash||The second largest money transfer provider in the world with hundreds of thousands of branches across the globe. High fees and sub-par rates on many currency routes.||Visit Link N/A|
|#37||N/A||Transfer of All Sizes, Corporate and Individuals||The largest provider of online currency quotes has expanded to international money transfer while merging with HiFX. A leading money transfer provider in the UK and globally.||Visit Link N/A|
|#38||N/A||Medium to Large Transfers||VFX is a rather large provider of international money transfers with several firms operating under the brand..||Visit Link N/A|
|#39||N/A||Medium to Large Transfers||Run of the mill money transfer company. Not much published about it online.||Visit Link N/A|
|#40||N/A||Transfers of all sizes||The Post Offices’s money transfer services are white label services provider by Moneycorp||Visit Link N/A|
|#41||N/A||Transfers of all sizes||Virgin Money’s international money transfer services are provided by World First in a White Label model.||Visit Link N/A|
|#42||89.1%||Small to Medium Transfers, Online Only, No Dedicated Dealers||CurrencyFair is an innovative money transfer provider with a unique online system.||Visit Website|
|#43||N/A||Transfers of all sizes||The Telegraph’s money transfer services are provided by Moneycorp in a White Label Model.||Visit Link N/A|
|#44||N/A||Private client transfers – domestic and overseas||Veem is a new startup that facilitates international and domestic money transfers over the blockchain network.||Visit Link N/A|
|#45||N/A||Transfers of all sizes||Afex is one of the largest currency transfer providers in the USA.||Visit Link N/A|
|#46||N/A||Medium to Large Transfers||AxiaFX is a very small currency transfer provider.||Visit Link N/A|
– Read Review
|N/A||Medium to Large Transfers||SendFX is an Australia-focused money transfer company with a smooth website and big promises which has been receiving great client reviews until now.||Visit Link N/A|
– Read Review
|N/A||Medium to Large Transfers||Transfermate is a fairly large money transfer service operating for almost 10 years in a variety of currencies and countries, getting good feedback, and is on a growth trend.||Visit Link N/A|
– Read Review
|N/A||Medium to Large Transfers||Low fixed fees, great user reviews and rather comprehensive and unique offering by this 2017-established money transfer company.||Visit Link N/A|
|#50||N/A||Transfers of all sizes, private and corporate clients||A moneycorp white-label city with the most read non-tabloid newspaper in the UK.||Visit Link N/A|
|#51||N/A||Transfers of all sizes, private and corporate clients||A moneycorp white-label city with global mega-publication CNN.||Visit Link N/A|
|#52||N/A||Transfers of all sizes, private and corporate clients||A moneycorp white-label city with famous publication CityAM.||Visit Link N/A|
|#53||N/A||Transfers of all sizes, private and corporate clients||A whitelable for FXPress with very wide global reach.||Visit Link N/A|
|#54||N/A||Large transfers, private and corporate clients||Relatively small size FX company with 50 employees and expertise on both corporate and private clients.||Visit Link N/A|
|#55||N/A||Transfers of all sizes, private and corporate clients (South Africa)||One of the biggest South-African money transfer companies.||Visit Link N/A|
|#55||N/A||Mostly corporate clients||25 years of strong reputation.||Visit Link N/A|
|#56||N/A||People who need a currency card||Overwhelmingly positive feedback from clients||Visit Link N/A|
|#57||N/A||B2B Clients of All Sizes||Industry Veteran, Strong Commentary on the FX markets/td>||Visit Link N/A|
|#58||N/A||Private and Business Clients, with a particular focus on South Africa||Industry Veteran, Many Additional Functionalities||Visit Link N/A|
|#59||N/A||Private and Corporate Clients who Want to Use a Big Bank for International Money Transfers||Very highly regulated, financial services giant, does not specialize in foreign exchange payments specifically and worse rates than commercial companies||Visit Link N/A|
|#60||N/A||Remittances for clients in South East Asia||Smooth app with good reviews and limited usability||Visit Link N/A|
|#61||N/A||Banking Services Including International Money Transfers||Great rates of a great online bank with less functionality and flexibility than desired||Visit Link N/A|
|#62||N/A||Remittances to Asia and South America||Easy to use app, reasonable margins||Visit Link N/A|
|#63||N/A||Larger Transfers (Telephone Only)||A Boutique firm with limited functionality and excellent service.||Visit Website|
|#64||N/A||Challenger Bank App||Overall good reviews and strong offering, but expensive for international money transfers.||Visit Link N/A|
– Read Review
|N/A||Small USA-based FX||No reviews online. Very small firm.||Visit Link N/A|
– kbr FX
|N/A||Small UK-based FX firm||No reviews online. Very small firm.||Visit Link N/A|
– Read Review
|N/A||Focused on private customers||PagoFX is a new Santander bank owned company that is a direct competitor to TransferWise.||Visit Link N/A|
– Read Review
|N/A||Payments and Cryptocurrency||Under FCA investigation.||Visit Link N/A|
– Read Review
|N/A||Transfer of all sizes, corporate and private desk||HiFX was one of the best known money transfer companies in the UK and globally and was merged into XE money transfer.||Visit Link N/A|
– Read Review
|N/A||Transfers of all sizes (Private Clients Only)||FC Exchange has merged with Global Reach Partners to form the Global Reach Group.||Visit Link N/A|
– Read Review
|N/A||Unknown||Has been announced in 2017 and yet to go live.||Visit Link N/A|
|–||Global Reach Partners|
– Read Review
|N/A||Transfers of all sizes (Corporate Clients Only)||Global Reach Partners has merged with FC Exchange to form the Global Reach Group.||Visit Link N/A|
Money Transfer Company List Updates for June 2021
New reviews added:
Newly updated reviews:
- Currencies Direct: the firm has reported that it has significantly reduced its leverage through dividend recapitalisation.
- Wise (TransferWise): updated new fee scheme for 2021, rebrand from TransferWise to Wise.
- Global Reach Group: new minimum transfer – £10,000 or equivalent.
- XE Money Transfer: new company data revealed on parent company’s public reports for 2020.
- Hargreaves Lansdown Money Transfer: the company started using Currencies Direct as its currency partner.
Who is Money Transfer Comparison?
We have been reviewing money transfer companies since 2014 and pride ourselves in being the largest and most comprehensive website when it comes to reviews. We were also the first who came up with the concept – a money transfer comparison site whose focal point is the live rates offered by each provider, which is fairly easy to manipulate, but the trustworthiness of each of the providers. We have been receiving hundreds of positive comments on the site and have helped individuals and businesses transfer more than £300,000 abroad since inception. You are welcomed to read more about us on our about us page.
Here are some words about how the industry evolved over the past 5 years by our Managing Director, Alon Rajic:
When we started Money Transfer Comparison, there was a selected number of internatinoal money transfer service to choose from. Some of main players in the market such as OFX , WorldFirst, Global Reach or Moneycorp, had completely different focuses than they do today.
OFX had separate local companies in each country, World First just started building their online registration streamlined process, Moneycorp had a majority of their business still done on the phone, and Global Reach were serving corporate clients exclusively. The largest money transfer provider of 2019, Transferwise was a small fry then, and the industry as a whole was doubtful the company would ever reach its critical mass.
The industry has definitely evolved and has become more competitive since these days and it bodes well with clients. Nowadays, money transfer reviews focus on different areas – the quality of online platform and smoothness of mobile app – hence, even the smallest money transfer providers who have high aspiration, focus on these areas and they are significantly better than anything you could find 5 years ago. Additionally, the increased competition has lead to a “race to the bottom” and margins today are significantly lower than 5 years ago, almost across the board.
How do we create these money transfer reviews?
These money transfer provider reviews we have created have been based on a thorough analysis of each of the company’s websites, a comprehensive research and analysis in regards to the feedback each company has online, what has been written about the company in the media, and in most cases also via directly interacting with the company’s representatives. Additionally to the above, we are constantly getting feedback from content or disgruntled clients via email or our comment section allowing us to modify and improve the scoring and the review itself. We feel we give a well-rounded analysis of each money transfer service provider’s pros and cons.
How do you make money
In a similar fashion to almost any personal finance website on the web, such as Money Saving Expert, Moneysupermarket, or Finder, we get paid for introductions we make towards currency providers. Upon clicking on certain links on our website, a reader is referred to a company with out referral ID. We only establish such referral deals with our most recommended providers after they have passed meticulous testing.
How is this page different from top-list on your homepage?
This page details all the money transfer services our staff has reviewed since 2014. This page is destined for people who want to see a wide array of options and a myriad of money transfer providers with different purposes. On the contrary, our homepage is mostly focused on our main target audience – individuals and businesses who need to move tens or hundreds of thousands of pounds (or equivalent). Our homepage has a smaller subset of only the best money transfer companies for the aforementioned purposes.
Do we intend to add more money transfer reviews to this list?
The answer is maybe. We are constantly being contacted by money transfer providers who are eager to be added to our list of global money transfer providers (and specifically to our top 10 money transfer companies list), but we are currently only be considering to review providers that demonstrate large transfer volumes and offer something else our current recommended providers don’t demonstrate.
Are these all online money transfer providers?
The short answer is that the vast majority of the providers appearing on our list have a solid online platform for money transfers, but not all of them. Some of the companies listed have no online platform at all (example: Currency Index) and some have a simplistic platform that doesn’t allow clients to conduct big transactions. We recommend that you will delve into the international money transfer company reviews of each company if you are considering to use it and want to see what we think about its online system.
Is the entire list composed of UK money transfer service providers?
No. Most of these companies are registered in the UK being the central hub of international money transfer providers, but some are registered elsewhere (example: Currencyfair in Ireland or Xoom and Afex in the USA).