Displaying 82 money transfer companies, Updated for: June 2023
Company | Our Rating | Recommended for | Description | Visit | |
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#1 | 97.8% ⭐⭐⭐⭐⭐ | Transfers of All Sizes, Bespoke Service from £5,000 and Up | Currencies Direct our #1 best international money transfer service, bar none, for customers from UK and EU. The company is the biggest of all money transfer companies of its kind (the ones offering an online money transfer alongside bespoke currency dealers) in those regions. | Visit Website | |
#2 | 93.4% ⭐⭐⭐⭐⭐ | Large Transfers (Private and Corporate Clients) | TorFX is a Cornwall-based award-winning money transfer service that prides itself in its traders’ high level of professionalism and bespoke currency service. The company is geared at large or complex payments. | Visit Website | |
#3 | 92.8% ⭐⭐⭐⭐⭐ | Any type of Business FX needs or large transfers for private customers | Moneycorp is perhaps the most trusted name in currency transfers – operating since 1979, and transferring as much as £38bn annually, with the most diverse offering for business clients (hedging and payments). | Visit Website | |
#4 | 90.8% ⭐⭐⭐⭐⭐ | Medium to Large Transfers, Corporate and Private | Key Currency is one of the most well known up-and-coming international money transfer industry in the UK. It boasts a clean website, good user reviews and growing recognition. | Visit Website | |
#5 | 90.6% ⭐⭐⭐⭐⭐ | Medium to Large Transfers (Private and Corporate Clients) | Global Reach Group is a merger of two of the most famous names in the foreign exchange industry – FCE Exchange (private customers) and Global Reach Partners (corporate FX). The outcome is a larger with a very diverse offering, which has remained customer-friendly. | Visit Website | |
#6 | 90.4% ⭐⭐⭐⭐⭐ | Large Transfers (Private and Corporate Clients) | Currency Solutions is a smaller UK-based brokerage, with offices domestically and in Cyprus, holding a 99% client satisfaction rating on TrustPilot reviews. | Visit Website | |
#7 | 90.4% ⭐⭐⭐⭐⭐ | Transfers of All Sizes: From Remittances to Large Corporate Payments | OFX is an international payment service headquartered in Australia and publicly traded on the ASX. It’s one of the best known names in the business, and has a pristine reputation and transparent pricing. | Visit Website | |
#8 | 87.3% ⭐⭐⭐⭐ | Large Transfers, Corporate Payments | Halo Financial is another top-rated smaller brokerage with excellent service and very high satisfaction rating to attest for that. | Visit Website | |
#9 | 95.2%* ✪✪✪✪✪ | * Only for E-Commerce and Business Clients. Private clients not accepted. | WorldFirst is an online-seller focused payments and multi-currency account. It is the very best to when it comes to technological integrations and Asian currencies for SMEs. WorldFirst is owned by Ant Financial (Chinese Conglomerate). | Visit Website | |
#10 | Send Payments – Read Review | 96.1%** ✪✪✪✪✪ | ** Australian Customers Only (Business and Private) | Send Payments, previously known as SendFX is an up-and-coming Australian money transfer company which has been doing very well and gaining popularity in its home country. | Visit Website |
#11 | 86.8% ⭐⭐⭐⭐ | Small to Medium Transfers – Strictly Online | Wise (TransferWise) is the most recognisable name today in the money transfer business. The company recently went through an IPO, reaching more than £13bn in market cap. Wise is currently the biggest international money transfers provider in the world (which offers strictly bank to bank transfers, not including large remittances providers). | Visit Website | |
#12 | 89.1% ⭐⭐⭐⭐ | Small to Medium Transfers – Strictly Online | CurrencyFair is an innovative online money transfers provider with a unique online system that can reach razor-sharp rates. The company has won multiple industry awards and is regulated by the Central Bank of Ireland. | Visit Website | |
#13 | 82.6% ⭐⭐⭐ | Small Trades, Remittances | Instarem is a leading, 2014-established, online money transfer and remittances specialist with good rates, excellent global reach and high customer satisfaction. | Visit Link N/A | |
#14 | 82.1% ⭐⭐⭐ | £1,000 trades and up | Spartan FX is a boutique service – Currency Cloud based, which focuses on a solid service and online trading system. With SpartanFX you can also get a “private Iban account” to receive payments. | Visit Website | |
#15 | 80.6% ⭐⭐⭐ | B2B and B2C Payments, Multi-Currency, Business Payments | Payoneer has a truly comprehensive and unique solution for b2b and b2c payments, which includes a branded MasterCard and a multi-currency account (along many other business-oriented functions). | Visit Website | |
#16 | 80.4% ⭐⭐⭐ | Business Transfers, Online Only | Kantox is a smaller foreign exchange company which is focused strictly on businesses. Its main selling point is transparent, tight, margins. | Visit Website | |
#17 | 80.1% ⭐⭐⭐ | Medium to Large Transfers, Individuals and Corporate Clients | CurrencyUK has been awarded the Best Money Transfer Provider by the British Bank Awards in 2018, and is a prominent money transfer company / brokerage in the UK. | Visit Website | |
#18 | 80.0% ⭐⭐⭐ | Corporate and private clients, large transfers of £4,000 or more | Privalgo is a relatively small and new UK money transfer specialist. Its early indications are positive and it appears trustworthy. | Visit Website | |
#19 | 79.0% ⭐⭐⭐ | Remittance Service – Transfers from Australia and Singapore | Travelex was a well known USA focused online remittances provider which was restructured after experiencing an array of cybersecurity issues. It is now focused on remittances from Australia and Singapore. | Visit Website | |
#20 | 78.6% ⭐⭐⭐ | Various Financial Services (We Focus on International Payments) | Publicly traded Hargreaves Lansdown is one of the most recognisable non-bank financial providers in the US. As a part of its array of financial services, it also offers cross-country cross-currency payments. | Visit Link N/A | |
#21 | 78.1% ⭐⭐⭐ | Remittances | Remitly is a NASDAQ-traded remittances giant with a smooth online system and mobile offering good fees and exchange rates. | Visit Link N/A | |
#22 | 78.0% ⭐⭐⭐ | Medium to Large Transfers, Corporate and Private | Smart Currency Exchange is a veteran UK currency transfer company. It 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 | |
#23 | 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 from the USA and Canada. | Visit Link N/A |
#24 | 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 | |
#25 | 77.0% ⭐⭐⭐ | Remittances and Small Transfers, Cash to Cash Transfer | WorldRemit is a remittance transfer company with a unique touch, offering great rates in corridors which are otherwise very expensive. The company has had multiple investment rounds and won multiple awards. | Visit Link N/A | |
#26 | 77.0% ⭐⭐⭐ | Domestic Payments and Small Payments – App Only | Revolut is a popular FinTech app with over 6 million registered users. The rate at which it has grown is truly unbelievable. Revolut is definitely not in the mould of your standard money transfer company. | Visit Link N/A | |
#27 | 77.0% ⭐⭐⭐ | Remittances | Azimo was a leading remittances providers in the UK and Europe and was bought out and merged into Papaya Global. | Visit Link N/A | |
#28 | Orbit Remit – Read Review | 75.0% ⭐⭐⭐ | Remittances from £50 and up | Orbit Remit is one of the most promising remittances providers offering solid fees and exchange rates, a comfortable-to-use website and app, and high level of satisfaction by clients. The cheapest international money transfer for certain currency routes. | Visit Link N/A |
#29 | 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 high-street exchange bureaus. | Visit Link N/A | |
#30 | 72.0% ⭐⭐⭐ | Small Remittances Transfers | TransferGo is a remittances provider with 8,000 reviews and a very high percentage of client satisfaction. The fees are low, and the markup is only up to 2.2% per transfer. | Visit Link N/A | |
#31 | 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. PureFX is smaller in trading volumes and staff than many competitors. | Visit Link N/A | |
#32 | 71.0% ⭐⭐⭐ | Medium to Large Transfers, Individuals and SMEs | Foreign Currency Direct / Lumon is a well known UK currency transfer firm with both a private and corporate desk. The company has been set up by ex-directors and ex-managers at rival Currencies Direct. | Visit Link N/A | |
#33 | 71.0% ⭐⭐⭐ | Transfers of all sizes – Individuals and Business – Australia | FlashFX is an 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 | |
#34 | 34.6% ⭐⭐ | Transfers of all sizes | Virgin Money’s International Payment services are limited to business customers online, and are only available via direct communication with the bank to retail customers (phone or in-branch). Virgin Money’s international money transfer rates are very poor. | Visit Link N/A | |
#35 | 64.2% ⭐⭐ | Multi-currency account solutions and money transfers for small businesses and merchants in EU | Genome.eu is a supplier of multi-currency account solutions and other banking solutions for EU based businesses. | Visit Link N/A | |
#36 | 50.0% ⭐⭐ | Remittances – Online and on Branch, Receive in Bank Account or Cash | MoneyGram is the second largest money transfer provider in the world with hundreds of thousands of branches across the globe. Its branch fees are nutritiously high and its online fees are still more expensive than competitors. | Visit Link N/A | |
#37 | 36.0% ⭐⭐ | Bank account. | Natwest Clients (UK)NatWest is one of the 4 large UK clearing banks. It has bad customer reviews online, and its international money transfer service is expensive | Visit Link N/A | |
#38 | 0.0% ⭐ | International money transfer service for individuals. | While SterlingFX is a recognisable brand in FX in UK which has been operating from 1972, we don’t recommend using the firm for international money transfers as the firm is not FCA authorised (but rather, FCA registered which impacts the way it is regulated). | Visit Link N/A | |
#39 | N/A | Transfer of All Sizes, Corporate and Individuals | Xe Money Transfer is xe.com’s money transfer service. Xe is a known brand with strong presence in both the UK and the USA, and positive responses from customers. The firm is owned by EuroNet WorldWide and is a merger of Xe’s money transfer services and HiFX’s. | Visit Link N/A | |
#40 | N/A | Medium to Large Transfers, Corporate Client Expertise | VFX Financial is a rather large provider of international currency transfers and business foreign exchange services. Its previous name was VoltrexFX. The company has won multiple awards. | Visit Link N/A | |
#41 | N/A | Transfers of all sizes | The Post Office International Payment services are a white-label setup run by Western Union. | Visit Link N/A | |
#42 | N/A | Small Transfers, Remittances, Cash and Mobile Transfers | Lebara Money Transfer was a service offered by Lebara Mobile and supplied by WorldRemit. The service has now been discontinued . | Visit Link N/A | |
#43 | N/A | Transfers of all sizes | Telegraph International Money Transfer service refers customers to moneycorp. | 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 | Private Clients – Large Money Transfers, Corporate Clients – Complete FX Service | Afex is one of the largest currency transfer providers in the corporate world today. Afex has a very diverse and broad offering for corporate clients. | Visit Link N/A | |
#46 | N/A | Medium to Large Transfers | AxiaFX was a very small currency transfer provider with a poor editorial rating by us and multiple customer complaints. Its services have been discontinued. | Visit Link N/A | |
#47 | N/A | Tech-loving corporate clients | AirWallex is a cross border business payments startup with a focus on its payments API which has helped the firm reach unicorn status. It offers diverse functionality for businesses. | Visit Link N/A | |
#48 | Transfermate – Read Review | N/A | Medium to Large Transfers | Transfermate is a fairly large money transfer service operating for over 10 years in a variety of currencies and countries, getting good feedback, and is on a growth trend. | Visit Link N/A |
#49 | PaySend – Read Review | N/A | Medium to Large Transfers | Paysend offers low fixed fees, great user reviews and a rather comprehensive and unique offering is provided by this 2017-established money transfer company. | Visit Link N/A |
#50 | N/A | Transfers of all sizes, private and corporate clients | The Guardian International Money Transfer services is a white-label setup run by an external provider. | Visit Link N/A | |
#51 | N/A | Transfers of all sizes, private and corporate clients | CNN International Money Transfer services is a white-label setup run by an external provider. | Visit Link N/A | |
#52 | N/A | Transfers of all sizes, private and corporate clients | CityAM International Money Transfer services is a white-label setup run by an external provider. | Visit Link N/A | |
#53 | N/A | Transfers of all sizes, private and corporate clients | Vorto Trading offers a particular focus on business clients, a slick online platform, and many options for business customers. | Visit Link N/A | |
#54 | N/A | Large transfers, private and corporate clients | FrontierFX is a 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) | FinGlobal of the biggest South-African money transfer companies. | Visit Link N/A | |
#55 | N/A | Mostly corporate clients | Cambridge FX is a known company particularly in the business money transfers space, with 25 years of strong reputation. | Visit Link N/A | |
#56 | N/A | People who need a currency card | Caxton FX is a smaller money transfers specialist with overwhelmingly positive feedback from clients | Visit Link N/A | |
#57 | N/A | B2B Clients of All Sizes | Collison & Co is a NZ based financial service provider which also offers a money transfer service. | Visit Link N/A | |
#58 | N/A | Private and Business Clients, with a particular focus on South Africa | Sable International FX is one of the few South-Africa focused, and based money transfer companies in the world. | Visit Link N/A | |
#59 | N/A | Private and Corporate Clients who Want to Use a Big Bank for International Money Transfers | Lloyd’s Bank is one of the “Big Four” UK banks, founded in 1765 with more than 45,000 employees. Its international money transfer rates are higher than of those of a specialist foreign currency exchange specialist. | Visit Link N/A | |
#60 | N/A | Remittances for clients in South East Asia | TikFX is a smooth app with good reviews but limited usability. | Visit Link N/A | |
#61 | N/A | Private and Corporate Clients who Want to Use a Challenger-Bank for International Money Transfers | Starling Bank is one of the most hyped challenger banks in the UK. It has an amazing online website and app and has secured hundreds of millions of pounds in investments. Its currency transfer services are limited and more expensive than those of a broker. | Visit Link N/A | |
#62 | N/A | Remittances to Asia and South America | Pangea offers one of the easiest-to-use apps int the remittances business. | Visit Link N/A | |
#63 | N/A | Larger Transfers (Only by phone, no online system), Property Specialists | Currency Index Boutique firm with limited functionality (no online trading and no money transfer app) but an excellent service. A Place In The Sun Currency is set up by famous property show and website A Place In The Sun to help property buyers transfer money to and from UK. | Visit Link N/A | |
#64 | N/A | Currency Accounts and International Money Transfers (Private Customers) | Monese is a financial service company with more than 2m customers which provides current accounts and international money transfers. Its offering is not particularly attractive for customers who simply want to transfer money abroad. | Visit Link N/A | |
#65 | Paymentearth – Read Review | N/A | Money Transfers from USA | Paymentearth is a USA based money transfer company with little information about it online, and no customer reviews to attest for its service. | Visit Link N/A |
#66 | kbr FX – kbr FX | N/A | Money Transfers from UK | kbr FX is a UK based money transfer company with little information about it online, and no customer reviews to attest for its service. | Visit Link N/A |
#67 | PagoFX – Read Review | N/A | Focused on private customers | PagoFX is a new Santander bank owned company that is aspiring to be a direct competitor to Wise. | Visit Link N/A |
#68 | Wirex – Read Review | N/A | Payments and Cryptocurrency | Wirex is a groundbreaking money transfer company which utilises cryptocurrency to conduct fast and cheap transfers, but it is currently under FCA investigation. | Visit Link N/A |
#69 | HiFX – Read Review | N/A | Transfer of all sizes, corporate and private desk (merged) | 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 |
#70 | ForeignExchange.com – Read Review | N/A | Inactive | Foreign Exchange (foreignexchange.com) was announced to go live in 2017 as Gain Capitals’ international money transfer service. It went live briefly in 2019 and then was taken offline. | Visit Link N/A |
#71 | Sokin Money Transfer – Read Review | N/A | For private and corporate customers and particularly customers who require to make constant international currency transfers. | Sokin is the first foreign currency transfer specialist offering FIXED monthly subscription and zero fees/markup on international transfers. A revolutionary concept that is yet to be tested (company started operating in 2021) for providing cheap international money transfer services, by every scale, for a monthly subscription. | Visit Link N/A |
#72 | MultiPass (DynaPay) – Read Review | N/A | Private and business customers who want an advanced online payment platform. | DynaPay is a 2017-established online money transfer company with a focus on businesses and multi-currency account offering. It has changed its brand name to MultiPass in 2022. | Visit Link N/A |
#73 | N/A | Medium to Large Transfers | EasyFX was a small and unknown currency transfer firm which is now focused on travel money cards. | Visit Link N/A | |
#74 | N/A | Medium to Large Transfers | Optimal currency is a small, UK-based, brokerage dealing with both corporate client and private clients. | Visit Link N/A | |
#75 | N/A | Remittances – USA and Guatemala: cash pickup | Novi by Meta (previously Facebook) could have change the international money transfers industry by offering a no-fee no-markup transfers, using a digital currency (Stablecoin). It was in Beta and then discontinued by the Facebook team due to regulatory pressures. | Visit Link N/A | |
#76 | N/A | Transfers from £1,000 – corporate and individuals | CurrencyWave is a small brokerage based in Leeds using Currency Cloud as its payment provider. | Visit Link N/A | |
#77 | N/A | Transfers of all sizes for Canadian customers | Agility Forex is a very small Canada-facing, Currency Cloud-powered, brokerage . | Visit Link N/A | |
#78 | N/A | 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 | |
#79 | N/A | Multi-currency accounts for businesses and individuals | The Currency Account is a money transfer company focused on its multi-currency bank account offering which has been operating since 2011. | Visit Link N/A | |
#80 | N/A | Biggest Australian bank | Commonwealth Bank of Australia is a massive Australian bank with higher international money transfer fees and costs than competing services in Australia. | Visit Link N/A | |
#81 | N/A | International money transfers, focusing particularly on high end transactions. | The Foremost Currency Group is a relatively small, UK oriented, FX money transfer provider. Great reviews by clients, but very limited reach and selection of currencies. | Visit Link N/A | |
#82 | N/A | B2B International Money Transfers, Corporate FX Functions, ERP Payment Integrations | Fexco is a travel money company that has expanded into a multi-national FX payments provider geared at businesses including large corporations. | Visit Link N/A | |
#83 | N/A | Remittances – Online and on Branch, Receive in Bank Account or Cash | Western Union is the largest and most global payments provider out there bar none. Western Union can reach regions other, smaller, providers, simply can’t. Western Union online is slightly more expensive than competitors in the same sector, and Western Union branches are a lot more expensive than alternatives (but in many currency corridors there are few or no competitors). | Visit Link N/A | |
#84 | N/A | B2B International Money Transfers, Corporate FX Functions | Alpha Group, previously known as Alpha FX, is a major provider for business money transfers in UK. The firm boasts net assets in excess of £120m, over 200 staff and annual trading volumes of £20bn. | Visit Link N/A | |
– | PayPal International Payments – Read Review | N/A | Transfers Online from PayPal to PayPal, or via Debit / Credit Card | PayPal is a gigantically massive online payments giant that offers an array of services for private customers, merchants and businesses. Our focus on this review is to understand exactly what are PayPal fees for making international money transfers. | Visit Link N/A |
– | FC Exchange – 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 |
– | 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 |
– | N/A | B2B Provider of Currency Transfers | The Currency Cloud is the currency transfer technology powering 500+ institutions including multiple neo-banks and Revolut | Visit Link N/A | |
– | 97.4% for Payroll, N/A for others | Global Payrolls for Corporations and SMEs | Provider of global payroll services, including ability to hire internationally with a local entity – complex and tech oriented solutions | Visit Link N/A |