The pillars of our decision making it into the top 10

Being reputable

We like companies that have been around for a decade or more with a substantial customer base.

Bank-Beating Rates

We like companies that don’t charge wire fees, and have bank-beating, competitor-beating, rates.

Bespoke Assistance

We like companies that enable customers.

Top 10 International Money Transfer Companies

Below you can find six of our leading partners, selected from 100+ international money transfer companies we have reviewed over the years:

#1
UK EU USA Currencies Direct: Best Overall for International Money Transfers
Headquarters:
1 Canada Square, Canary Wharf, London E14 5AA, UK
97.8% Editorial rating
7,500 Client Reviews
Minimum transfer:
£100 / €100 / $100 or equivalent
Why Them?
  • 96% Positive Feedback from Customers, Since 1996
  • Service Oriented - Specialising in Large Transfers - Friendly Dealers
  • Very Competitive Rates, No Wire Fees
+Read more
1
Currencies Direct
Currencies Direct: Best Overall for International Money Transfers
97.8%
Editorial rating
#2
UK Australia EU TorFX: Strong Guidance and Staff
Headquarters:
Pz360, St Mary's Terrace,Penzance, Cornwall, TR18 4DZ, UK
93.4% Editorial rating
5,500 Client Reviews
Minimum transfer:
£100 / €100 / $100 or equivalent
Why Them?
  • HQ Outside of London - Lower Staff Costs Rolled Over to the Client
  • Quick Onboarding Process and Highly Professional
  • Trading Desk with 100+ Years of Experience
+Read more
2
Torfx
TorFX: Strong Guidance and Staff
93.4%
Editorial rating
#3
UK EU USA UAE moneycorp: Oldest and Most Reputable Foreign Exchange Service
Headquarters:
Zig Zag Building, 70 Victoria St, Westminster, London SW1E 6SQ, UK
93.2% Editorial rating
7,000 Client Reviews
Minimum transfer:
£50 / €50 / $50 or equivalent
Why Them?
  • Providing FX Services since 1979
  • Very Recognisable Brand with Excellent Reputation - £36.9in Transfers Annually with Offices in Every Continent
  • Business Specialists
+Read more
3
Moneycorp
moneycorp: Oldest and Most Reputable Foreign Exchange Service
93.2%
Editorial rating
#4
UK EU USA Australia NZ Xe: Biggest Name in Currency Since 1993
Local UK Offices:
Maxis 1, Western Road, Bracknell, Berkshire, RG12 1RT, UK
91.3% Editorial rating
62,000 Client Reviews
Minimum transfer:
£50 / €50 / $50 or equivalent
Why Them?
  • Excellent Sign Up Process
  • Global Company with Strong Presence in the UK (HiFX, one of the best known UK brokers, was merged into Xe)
  • Combination of Work-Of-Art Online System with Brokerage for Large Transfers
+Read more
4
Xe
Xe: Biggest Name in Currency Since 1993
91.3%
Editorial rating
#5
UK Spain Key Currency: Up and Coming Currency Broker with Local Presence UK/Spain
Local British Offices:
St Piran House, Technology Park, Heron Way, Truro TR1 2XN, United Kingdom
90.8% Editorial rating
800 Client Reviews
Minimum transfer:
€250
Why Them?
  • Fastest Growing UK Currency Transfer Provider
  • Strong Onboard Team, Get an Immediate Callback
  • Recipient of Multiple Industry Awards
+Read more
5
Key Currency
Key Currency: Up and Coming Currency Broker with Local Presence UK/Spain
90.8%
Editorial rating
#6
UK EU Canada Corpay: 99% Positive Client Feedback
Headquarters:
20 Wood St, London EC2V 7AF
90.6% Editorial rating
4,400 Client Reviews
Minimum transfer:
£1,000/€1,000 or equivalent
Why Them?
  • 99% of its Past Clients Gave the Firm a Positive Review
  • Strong Global Reach with Offices in UK, Europe, and Canada
  • More than Two Decades of Experience
+Read more
6
Corpay
Corpay: 99% Positive Client Feedback
90.6%
Editorial rating
#7
UK EU Brazil Currency Solutions: Best Money Transfer on TrustPilot
Headquarters:
21 Queen Elizabeth St, London SE1 2PD
90.4% Editorial rating
1,900 Client Reviews
Minimum transfer:
£1,000
Why Them?
  • Best Customer Satisfaction Score on TrustPilot
  • Welcoming and Clear Website, Easy to Sign Up
  • Excellent Currency Transfer Rates
+Read more
7
Currency Solutions
Currency Solutions: Best Money Transfer on TrustPilot
90.4%
Editorial rating
#8
Australia UK EU USA New Zealand OFX: The Publicly-Traded Money Transfer Company from Down Under
Headquarters:
Level 19, 60 Margaret St, Sydney, NSW 2000, Australia
90.4% Editorial rating
1,500 Client Reviews
Minimum transfer:
£100 / €100 / $100 or equivalent
Why Them?
  • Traded Publicly in Australia
  • £20bn Turnover per Year
  • Ultra Professional
+Read more
8
OFX
OFX: The Publicly-Traded Money Transfer Company from Down Under
90.4%
Editorial rating
#9
UK Halo Financial: Excellent Online Platform and Support
Headquarters:
Battersea Studios 2, 82 Silverthorne Rd, Nine Elms, London SW8 3HE
87.3% Editorial rating
100 Client Reviews
Minimum transfer:
£1,000
Why Them?
  • Feefo 2020 Platinum Trusted Provider
  • Excellent Website and Online Flow
  • Highly Professional
+Read more
9
Halo Financial
Halo Financial: Excellent Online Platform and Support
87.3%
Editorial rating
#10
EU UK USA Australia Wise (Previously TransferWise): Valued at £10bn
Headquarters:
17 Avenue Marnix, 1000 Brussels, Belgium
86.8% Editorial rating
32,000 Client Reviews
Minimum transfer:
No Minimum
Why Them?
  • Largest Money Transfer Provider of its Kind
  • Fully-Online Journey
  • Transparent Pricing
+Read more
10
Wise / TransferWise
Wise (Previously TransferWise): Valued at £10bn
86.8%
Editorial rating

Why Choose Us?

We have reviewed more than 100 providers and have been covering every aspect relating to international money transfers over the past decade. We only work with reliable partners who consistently get excellent reviews from our referrals.

Media Mentions

Money Transfer Comparison has been recognized as a trusted resource in the finance sector. Here are some of the places where we’ve been featured:

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Why use a specialists over a bank?

When looking to send money internationally, you should be aware that you may be overspending hundreds or thousands of pounds for no good reason.

Banks are expensive when it comes to transferring internationally, and there are solid alternatives out there that can help you save money, without compensating on the quality of service and safety.

BUT–

There are so many of them!

In the UK and Europe alone there are probably as many as 300 companies which enable customers to send money internationally (about 80 out of 100 of the companies we have reviewed accept customers from the UK and Europe).

This long and detailed guide will give you the answer.

How to Use a Money Transfer Service

The most important thing to understand before using an international money transfer service is how it works.

Luckily, such services work in a very straight-forward manner that is easy to understand.

With money transfer companies, you can choose whether you want to transfer money online, or over the telephone.

Some companies are even glad to meet face-to-face.

Below is an outline of the process:

  1. Find a company you want to try.
  2. Leave your email and phone and hit “Get a Quote”.
  3. Get access to rates online / over the phone.
  4. Supply more details about yourself prior to trading.
  5. Book the transfer, online or through the phone.
  6. Know EXACTLY how much the recipient will get.
  7. Fund the transfer through a domestic bank transfer.
  8. Kick back and relax while your money is being sent.

Is It Safe? 🏦

A common question about currency transfers through a third-party non-bank provider is simply “is it safe”?

We all know bank transfers are safe but do currency brokers provide the same level of safety?

To assess whether a money transfer company is safe, you have to know more about how they are regulated.

In the UK, the Financial Conduct Authority (FCA) ensures that regulated companies in the foreign exchange space adhere to certain regulations and compliance requirements.

This includes segregating customer funds from their own, reporting any compliance breaches, and demonstrating their compliance policies and controls annually.

In other countries, foreign exchange companies must be authorised by local regulators such as FinCEN in the USA, or ASIC in Australia in order to operate.

The best money transfer services, including all those listed in our top 10, are regulated in the UK by the FCA. The vast majority of them are regulated in multiple jurisdictions by multiple regulators.

In addition to the above, we have only featured money transfer services who

  1. Have been around for a long time
  2. Have had sufficient amount of reviews for their service
  3. Have had a perfect customer reviews / complaints record
  4. Are trading massive volumes of money each year (billions or more)

Have a look below where we compare the top services to learn more about each options.

If you still have questions or doubt after going through our comparison…

Have a look at the massively detailed reviews we wrote for each service provider.

Do all foreign exchange companies offer sending money internationally?

‘Foreign exchange companies’ is a holistic term referring to every company dealing with foreign exchange.

Not all foreign exchange companies offer international transfers as part of their offering.

A number of foreign exchange companies, such as a bureau de change, are focused on cash exchanges. Generally, bank-to-bank currency transfer services will not handle cash at all.

Across Money Transfer Comparison, we have stuck to services that allow you to transfer money overseas to a bank account.

So the answer is, no, not every foreign exchange company offers international transfers, but the ones listed and reviewed on this website certainly do!

Here are the most popular countries that our readers send money from and to: