Currencies Direct vs Wise Comparison

Founded in 1996, Currencies Direct has established itself as a trusted name for those seeking personalized service and complex financial solutions for larger transfers. With a focus on providing tailored advice and a wide range of currency risk management tools, Currencies Direct caters to individuals and businesses needing more than just a simple transfer.

On the other hand, Wise, launched in 2010 as TransferWise, revolutionized the market with its transparent fees and efficient online platform. Known for its multi-currency account and competitive rates for smaller transfers, Wise appeals to a tech-savvy audience looking for quick, cost-effective international payments.

Both companies boast strong customer reviews and a commitment to making cross-border transactions as seamless as possible.


Company NameCurrencies DirectWise
wise new logo
Currencies Direct ReviewWise Review
Customer rating4.9/54.2/5
# Rating Customers10,500+195,000+
Top 3 Pros
  • Professional and courteous staff
  • No fixed transfer fees
  • Extensive reach and availability

Transparent fees

Fast and efficient online platform

Multi-currency account

Top 3 Cons
  • Not suitable for remittances to Asia and South America
  • Online platform less intuitive than competitors
  • Online app functional but not a work of art

Bank-to-bank or card-to-bank transfers only

Transfer fees vary by destination country

Multi-currency accounts are not interest-bearing


Company NameCurrencies DirectWise
wise new logo
Office locations22 offices worldwideGlobal, with headquarters in London
# Currencies40+50+


Company NameCurrencies DirectWise
wise new logo
Regulated byFCA, FinCEN, and othersFCA, FinCEN, and others
HTTPS SecuredYesYes
Segregated Customer AccountsYesYes

Limits and Fees

Company NameCurrencies DirectWise
wise new logo
Min transferΒ£100Β£1
Max transferNo upper limitVaries
Fixed feesNoYes, varies by route
See rates before you log in?YesYes

Customer Support

Company NameCurrencies DirectWise
wise new logo
Dedicated DealerYesNo
Live ChatNoYes

Ways to Transfer

Company NameCurrencies DirectWise
wise new logo
Online SystemYesYes
Online AppYesYes
Multi-Currency AccountYesYes
Cash PickupNoNo
Card Top-UpNoYes

Additional Functions

Company NameCurrencies DirectWise
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Mass paymentsYesYes
Cash chequesNoNo
Multi-Currency Debit CardNoYes


On MoneyTransferComparison, Currencies Direct has received a higher editorial score. The advantages of Currencies Direct over Wise are these:

  • Personalized customer service with dedicated dealers
  • Broader range of currency risk management solutions
  • Absence of fixed transfer fees for most transactions.

Currencies Direct is better for larger transfers that might benefit from a personalized touch and for users who require more complex financial instruments such as forward contracts. Wise, on the other hand, is better for smaller, cost-effective transfers and for individuals or businesses looking for an efficient online platform with a transparent fee structure.

Wise’s multi-currency account and debit card offer great flexibility for travelers and international businesses, making it an excellent choice for managing and spending across currencies. Currencies Direct’s strength lies in its ability to provide tailored advice and support for larger transactions, making it a preferred choice for significant international money transfers where personalized service can add value.