Wondering if Any Particular Azimo Competitor is Better Than the Rest?
Transferring funds from one country to another has become noticeably simpler owing to advances in technology. Today, the international fund transfer market is rife with competition. The widespread use of the Internet has led to the mushrooming of several online remittance service providers, of which Azimo is one. Before you transfer funds overseas, pay close attention to alternatives, as well.
Azimo and its competitors, which include some reputable specialist fund transfer companies, offer better exchange rates than banks. However, when picking an alternative to Azimo, you have to address individual requirements. This basically means that while one company might work well for one person, you may benefit more from using an Azimo alternative.
The table below gives you a simple way to target a money transfer company that you may be superior to Azimo:
- Pick a region according to your country of residence.
- Check the available transfer methods on offer and develop a shortlist.
- Determine whether you meet the minimum transfer amount criterion.
- Compare aspects such as fees and processing time.
- Make a selection.
- To go to the company’s website, and click on the ‘Visit’ button.
Azimo Competitors Comparison Table
The big banks continue to lose out on individual and business clients who wish to transfer funds overseas, and not without reason. While specialist money transfer companies usually offer more competitive rates, they also charge lower fees. The fact that these companies are faster than banks also works in their favor.
Azimo
CurrencyFair
Phone Assistance
NEW Automatic QuickTrade feature could take as little as 1 hour!TransferWise
Currencies Direct
Phone
Check back again soon for their latest offers…WorldFirst
Phone
Usually a fee of $10 is applicable for all transfers under $10,000.FC Exchange
phone TorFX (UK / Europe)
Phone
The website is also responsive so it auto-scales to your screen size.
£50 - £10,000 via the TorFX online.HiFX UK
Phone FrontierPay
Phone OFX (UK)
Phone WorldRemit
from Australia would incur
€50 fee + 4-5% exchange
rate fee on top of market rates.
Regular payments to family or friends PayPal accounts is not currently possible.OFX (USA)
Phone TransferWise
WorldFirst
Phone
Usually a fee of $10 is applicable for all transfers under $10,000.HiFX USA
Phone
Currencies Direct
Phone
Check back again soon for their latest offers…CurrencyFair
Phone Assistance
NEW Automatic QuickTrade feature could take as little as 1 hour!TransferWise
OFX (Australia)
Phone TorFX (Aus / NZ)
Phone
$50 - $10,000 via the TorFX online.HiFX AUS/NZ
Phone
WorldRemit
from Australia would incur
€50 fee + 4-5% exchange
rate fee on top of market rates.
Regular payments to family or friends PayPal accounts is not currently possible.WorldFirst
Phone
Usually a fee of $10 is applicable for all transfers under $10,000.OFX (Canada)
Phone TransferWise
WorldFirst
Phone
Usually a fee of $10 is applicable for all transfers under $10,000.CurrencyFair
Phone Assistance
NEW Automatic QuickTrade feature could take as little as 1 hour!WorldRemit
from Australia would incur
€50 fee + 4-5% exchange
rate fee on top of market rates.
Regular payments to family or friends PayPal accounts is not currently possible.Azimo
TorFX (UK / Europe)
Phone
The website is also responsive so it auto-scales to your screen size.
£50 - £10,000 via the TorFX online.HiFX UK
Phone FrontierPay
Phone OFX (UK)
Phone FC Exchange
phone CurrencyFair
Phone Assistance
NEW Automatic QuickTrade feature could take as little as 1 hour!TransferWise
WorldFirst
Phone
Usually a fee of $10 is applicable for all transfers under $10,000.Currencies Direct
Phone
Check back again soon for their latest offers…WorldRemit
from Australia would incur
€50 fee + 4-5% exchange
rate fee on top of market rates.
Regular payments to family or friends PayPal accounts is not currently possible.CurrencyFair
Phone Assistance
NEW Automatic QuickTrade feature could take as little as 1 hour!TransferWise
WorldFirst
Phone
Usually a fee of $10 is applicable for all transfers under $10,000.Currencies Direct
Phone
Check back again soon for their latest offers…WorldRemit
from Australia would incur
€50 fee + 4-5% exchange
rate fee on top of market rates.
Regular payments to family or friends PayPal accounts is not currently possible.Currencies Direct
In 1996, Mayank Patel and Peter Ellis launched Currencies Direct, enabling a viable alternative to banks when transferring funds overseas. Headquartered in the UK, this Azimo competitor now has offices in the U.S., France, Spain, Portugal, India, and South Africa. Depending on your country of residence, you can use the Currencies Direct website in languages including French, Italian, Portuguese, Norwegian, Dutch, Spanish, Swedish, and Chinese. Follow this link to learn more about Currencies Direct.Pros
Cons
TransferWise
While the groundwork of this Azimo alternative took place in Estonia, it now functions as a UK-based specialist money transfer company. Apart from these two countries, it also has an office in the U.S. This alternative to Azimo began operations in 2011. It handles around £500 million in fund transfers each month. Access to the TransferWise website comes in English, French, Italian, Spanish, Portuguese, and Dutch. This is one of the few prominent fund transfer companies that lets customers pay with credit cards. Read the complete TransferWise Review to find out more.Pros
Cons
CurrencyFair
CurrencyFair is an Ireland-based money transfer company that began operations in 2009. Since then, it has dealt in fund transfers exceeding €3.54 billion. Other than Ireland, the company has offices in the UK and Australia. Besides English, you can use its website in Polish and French. This alternative to Azimo, through its unique ‘MarketPlace,, gives you the ability to bid for rates that are lower than prevalent market rates. One drawback is that this company does not allow outbound transfers from the U.S. Go through this page first.Pros
Cons
FrontierPay
This Azimo FrontierPay alternative has offered overseas fund transfer services to customers the world over since 2009. Based in the UK, this company operates a single website, and only in English. Keeping pace with its competition, the fund transfer services it offers are less costly than banks. Every registered user has access to a dedicated personal dealer. Read the full FrontierPay Firm Review.Pros
Cons
World First
Since it began operations in 2004, this money transfer company has transferred over $60 million in various currencies. It has its headquarters in the UK, with offices in the U.S., Australia, Hong Kong, and Singapore. This Azimo competitor operates dedicated websites for residents of the UK, the U.S./Canada, Australia, France, China, Japan, Hong Kong, and Singapore. Depending on which website you utilize, you might be able to access it in a local language. Read good insights about World First.Pros
Cons
TorFX
The TorFX group has been around since 2004. Today, it processes around £3 billion in overseas fund transfers each year. This UK-based specialist money transfer company also has offices in mainland Europe, Australia, South Africa, and the U.S. In 2013, it launched a dedicated website for the Australian market. Start reading this great resource, click here.Pros
Cons
HiFX
HiFX is one of the older non-bank players in this industry, having begun operations in 1998. This UK-based Azimo competitor has processed more than £100 billion in international remittances. Depending upon where you live, you can access its website dedicated to residents of the UK, the U.S., Australia, or New Zealand. Using HiFX when buying property overseas can be better than Azimo, given that it lets you transfer substantial sums using debit and credit cards. Follow this link to learn more about HiFX.Pros
Cons
OFX
OFX has been around since 1998, although it operated as OzForex until 2015. While the OFX website caters to global customers, the group operates dedicated websites for residents of some countries. Those sites include UKForex, USForex, CanadianForex, and NZForex. Since its inception, it has handled more than $100 billion in fund transfers. Headquartered in Australia, the company also has offices in New Zealand, the U.S., the UK, Canada, and Hong Kong. Find out what advantage you would enjoy by using OFX.comPros
Cons
FC Exchange
FC Exchange began operations in 2005. Headquartered in the UK, this Azimo competitor also serves its customers through offices in Cyprus and South Africa. You can use the fund transfer services of this company as an individual, a business, or an online seller. The company operates a dedicated website for online sellers from China. As an individual, you can make one-off transfers or set up regular payments. Payment methods vary depending on the country of your residence. Continue reading the complete FC Exchange review.Pros
Cons
WorldRemit
WorldRemit has been around since 2010. This company has its headquarters in the UK, with offices also in Australia, New Zealand, the U.S., Canada, and Japan. In 2014, it received an investment of USD $40 million from Accel Partners. A USD $100m investment in 2015, led by Technology Crossover Ventures, followed. Other than bank transfers, you can make payments using debit and credit cards. Access to the WorldRemit website comes in English, Spanish, and French. Learn more by reading this expert WorldRemit review.Pros
Cons
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