Abacus FX is a UK-based international money transfer company that provides services for individuals and businesses from different countries in and outside of Europe. This company lets you transfer funds directly into overseas bank accounts, but it does not have a network of cash pickup locations. Along with a wide range of products, this service provider offers credit for hedging.
Abacus FX Competitor Comparison Table
- User Rating
- Transfer Type
- Regular Payments
- Mobile App
- Min Transfer Amount
- Real Exchange Rate Used
0.15% - 0.5%
- 1 - 3 Days
- £1000 / €1000 / AUD$2000
While using the services of this company might work well for you, make a decision after looking at what some of the leading Abacus FX alternatives have to offer.
This Australia-based Abacus FX alternative lets you register as an individual, a business, or an online seller. While the company operates different region-specific websites, you may use them only in English. Signing up for the OFX Global Currency Account gives you access to receiving accounts in different currencies. Outside of Australia, OFX has offices in New Zealand, the UK, Singapore, the U.S., and Canada.
- Sign up as an individual, a business, or an online seller
- Offices in Australia, New Zealand, the UK, Singapore, the U.S., and Canada
- Personal transfers come with no fees
- Provides scheduled transfers, forward contracts, and market orders
- The OFX Global Currency Account comes with free receiving accounts in GBP, EUR, USD, CAD, HKD, and AUD
- Provides local phone support in different countries
- Send money online or over the phone
- No agent locations
- You get to transfer some currencies only over the phone
Headquartered in the UK, Currencies Direct has international offices in Europe, the U.S., India, and South Africa. It provides services for individuals, businesses, and online sellers. This Abacus FX alternative operates region-specific multilingual websites.
- Register as an individual, a business, or an online seller
- UK-based, offices also in Europe, the U.S., India, and South Africa
- Multilingual region-specific websites
- Get access to an account manager
- Lets you schedule transfers
- Provides forward contracts and limit orders
- Residents of the UK may use its travel money solutions
- No cash transfers
- Does not provide services in all American states
UK-based TransferWise lets you sign up as an individual, a business, or an online seller. This is among the few Abacus FX competitors that operate multilingual websites for different regions. The Borderless Account gives you access to receiving accounts in various currencies, and it lets you access funds in your account using a linked Mastercard. The company has offices in Estonia, Hungary, Ukraine, the U.S., Singapore, and Hong Kong.
- Serves individuals, businesses, and online sellers
- Simplifies the sign up process by letting you use your existing Facebook or Google account
- Offices in the UK, Estonia, Hungary, Ukraine, the U.S., Singapore, and Hong Kong
- Dedicated websites for residents on the U.S., Canada, the UK, Germany, Italy, France, Australia, New Zealand, Singapore, and Japan
- Website access in multiple languages
- Accepts credit card payments from residents of some countries
- The Borderless Account gives you access to free receiving accounts in GBP, EUR, USD, AUD, and NZD
- The TransferWise Mastercard gives you access to funds in your Borderless Account from just about anywhere
- Its peer-to-peer network does work with all currency corridors
- No scheduled transfers, forward contracts, or market orders
- Transfer fees might vary depending on the currencies involved as well as payment and transfer methods
This Abacus FX competitor has its headquarters in Ireland, along with offices in the UK and Australia. It serves individuals and businesses. The CurrencyFair exchange platform gives you easy means to bid for preferred rates. The company operates a multilingual website.
- Register as an individual or a business
- Offices in Ireland, Australia, and the UK
- Transfer any amount over €8
- Stand to get better rates by using the Exchange platform
- Multilingual website
- Schedule transfers with ease
- Absence of agent network for cash transfers
- No forward contracts and market orders
- Services not available in all American states
- You pay €3 plus around 0.35% of the transfer amount as fees
- Should one consider TransferWise or are there better alternatives?
- How does the TransferWise Multi-Currency Account work?
- Is CurrencyFair’s competition up to the task?