Is There a FairFX Competitor You Can Use?
UK-based FairFX allows its customers to make international fund transfers. It also offers currency cards and travel cash solutions. If you, like many others, are looking for a FairFX alternative to send money overseas, you can choose from a number of options. However, not all will serve your purpose equally well.
When sifting through the competition, it is important that you consider your individual requirements at the onset. For example, not all FairFX alternatives let you make payments using credit cards, and not all provide website access in foreign languages.
Use the list below to establish which company will work best for you:
- Start by selecting a region.
- Make a shortlist of companies that accept your desired payment method.
- Check to see if the shortlisted companies have minimum transfer requirements in place.
- Compare fees and turnaround times.
- Make your final selection.
FairFX Competitor Comparison Table
If you are hoping to find a bank that is better than FairFX in transferring funds overseas, your hunt may well be futile. Most banks charge considerably high fees, they don’t offer attractive transfer rates, and their turnaround times often leave room for improvement. For your next transfer, sticking to a specialist fund transfer company is in your best interest.
WorldFirst
Phone
0.15% - 0.5%
Fee on top of inter-bank rate is based on total transfers for the year.
0.5% < £500k
0.25% < £5m
0.15% > £5mOFX (UK)
Phone TorFX (UK / Europe)
Phone
£50 - £10,000 via the TorFX online.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!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.TransferWise
FrontierPay
Phone FC Exchange
phone XE (Formerly HiFX USA)
Phone OFX (USA)
Phone TransferWise
XE (Formerly HiFX USA)
Phone WorldFirst
Phone
0.15% - 0.5%
Fee on top of inter-bank rate is based on total transfers for the year.
0.5% < £500k
0.25% < £5m
0.15% > £5mTorFX (Aus / NZ)
Phone
$50 - $10,000 via the TorFX online.OFX (Aus / NZ)
Phone CurrencyFair
Phone Assistance
NEW Automatic QuickTrade feature could take as little as 1 hour!TransferWise
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.XE (Formerly HiFX USA)
Phone WorldFirst
Phone
0.15% - 0.5%
Fee on top of inter-bank rate is based on total transfers for the year.
0.5% < £500k
0.25% < £5m
0.15% > £5mOFX (Canada)
Phone TransferWise
CurrencyFair
Phone Assistance
NEW Automatic QuickTrade feature could take as little as 1 hour!WorldFirst
Phone
0.15% - 0.5%
Fee on top of inter-bank rate is based on total transfers for the year.
0.5% < £500k
0.25% < £5m
0.15% > £5mCurrencies Direct
Phone
Check back again soon for their latest offers…TransferWise
CurrencyFair
Phone Assistance
NEW Automatic QuickTrade feature could take as little as 1 hour!TorFX (UK / Europe)
Phone
£50 - £10,000 via the TorFX online.OFX (UK)
Phone FrontierPay
Phone FC Exchange
phone XE (Formerly HiFX USA)
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
0.15% - 0.5%
Fee on top of inter-bank rate is based on total transfers for the year.
0.5% < £500k
0.25% < £5m
0.15% > £5mOFX
Phone TransferWise
CurrencyFair
Phone Assistance
NEW Automatic QuickTrade feature could take as little as 1 hour!CurrencyFair
CurrencyFair began operations in 2009. This company has its headquarters in Ireland, and offices in the U.S. and the UK. You can use the website of this alternative to FairFX in English, French, and Polish. By using the CurrencyFair Marketplace, you can bid for preferred exchange rates ahead of time. The company does not yet accept credit card payments.Pros
Cons
XE
XE (formerly HiFX) has been around since 1993. The company operates dedicated websites for the UK, Canada, the U.S., Australia, and New Zealand, which you may access in languages other than English. XE provides services to individuals and businesses.
Pros
Cons
OFX
This alternative to FairFX began operations as OZForex, an information-only website, in 1998. It rebranded itself to OFX in 2015. The OFX group operated dedicated websites for the U.S., the UK, Canada, and New Zealand. These websites have transitioned to the global OFX website. OFX provides services to individuals, businesses, and online sellers. It has its headquarters in Australia, with offices also in the UK, the U.S., Canada, New Zealand, and Hong Kong. You can use the OFX website in English only. You cannot fund your transfer using credit cards.Pros
Cons
TorFX
TorFX is a UK-based company that also has a physical presence in Australia. This FairFX competitor began operations in 2004, and it launched a dedicated website for the Australian market in 2013. Access to both TorFX websites appears in English only. The company provides services to individuals and businesses. It does not accept credit card payments, as of now.Pros
Cons
TransferWise
This FairFX alternative is headquartered in the UK and also has offices in the U.S. and Estonia. The company began operations in 2011. You can use the TransferWise website in English, Spanish, Portuguese, Italian, French, Hungarian, Russian, and Chinese. It offers services to individuals and businesses. Depending on where you reside, you may be able to pay using a credit card.Pros
Cons
WorldFirst
WorldFirst began operations in 2004. This UK-based business also has offices in Australia, Singapore, and Hong Kong. It operates dedicated websites for the UK, France, Australia, China, Japan, Hong Kong, and Singapore. Depending on the website you register with, you can use it in English, Chinese, Japanese, or French. Different WorldFirst websites let you register as individuals, businesses, or online sellers. For now, you cannot pay for your transfer using credit cards.Pros
Cons
WorldRemit
This UK-based alternative to FairFX has been around since 2010. It also has offices in the U.S., Canada, Japan, Australia, and New Zealand. Access to the WorldRemit website is offered in English, Spanish, and French. The company provides services to individuals only. If making credit card payments is an important factor in the alternatives you are looking for, WorldRemit is a good option.Pros
Cons
Azimo
Azimo is a UK-based alternative to FairFX that began operations in 2012. You can use the company’s website in English, Spanish, Portuguese, French, German, Italian, Polish, Russian, and Romanian. Azimo currently provides services to individuals only. You can make payments using credit cards.Pros
Cons
The Big Banks
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FairFX Competitors Updates
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