Moneycorp vs Wise Comparison

Wise, established in 2011, revolutionized the market with its transparent fee structure and user-friendly platform, catering primarily to individuals and businesses seeking efficient and cost-effective cross-border payment solutions.

On the other hand, Moneycorp, with its roots dating back to 1979, offers a rich history of providing comprehensive currency exchange and transfer services. It prides itself on offering personalized services, including dedicated dealers and tailored solutions for both personal and business clients.

Both companies have garnered strong reputations for their reliability and customer satisfaction, making them top contenders for anyone looking to make international money transfers.

Customers

Company NameMoneycorpWise
Logo
wise new logo
MoneycorpWise Review
Customer rating4.1/54.6/5
# Rating Customers5,458195,000+
Top 3 Pros
  • Expert and personalized service
  • Wide range of currency solutions
  • High transfer limits
  • Transparent fees
  • User-friendly platform
  • Multi-currency account
Top 3 Cons
  • Fees can be higher for small transfers
  • Mobile app has mixed reviews
  • Limited to certain countries for local bank transfers
  • No dedicated dealer
  • Not suitable for very large transfers
  • Some bank transfers can be slow

Availability

Company NameMoneycorpWise
Logo
wise new logo
Office locationsUK, USA, Australia, and moreGlobal, with offices in UK, USA, Estonia, and more
# Currencies120+50+

Security

Company NameMoneycorpWise
Logo
wise new logo
Regulated byFCA, FinCEN, and othersFCA, FinCEN, and others
HTTPS SecuredYesYes
Segregated Customer AccountsYesYes
2FAYesYes

Limits and Fees

Company NameMoneycorpWise
Logo
wise new logo
Min transferΒ£50Β£1
Max transferNo limit$1,000,000+
Fixed feesVariesVaries, low-cost fees
See rates before you log in?YesYes

Customer Support

Company NameMoneycorpWise
Logo
wise new logo
Dedicated DealerYesNo
EmailYesYes
PhoneYesYes
Live ChatNoYes
24/7NoYes

Ways to Transfer

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

Additional Functions

Company NameMoneycorpWise
Logo
wise new logo
HedgingYesNo
Mass paymentsYesYes
Cash chequesNoNo
Multi-Currency Debit CardYes (for UK residents)Yes

Conclusion

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

  • Personalized customer service including dedicated dealers
  • Broader range of currency solutions for complex financial needs
  • Higher transfer limits for large transactions.

Both companies are reliable with good customer reviews, and both should be considered for your next international money transfer.

Moneycorp is better for clients requiring large transfers and those who value personalized service and tailored financial solutions.

Conversely, Wise is better for individuals and businesses looking for transparent fees, a user-friendly platform, and efficient small to medium-sized transfers across multiple currencies.