Are You Looking for a Better Company than Travelex to Send Money Overseas?
If you are looking for information about one or more Travelex competitors, you’ve come to the right place. While turning to this UK based international money transfer company is cheaper than using banks, it has a number of worthwhile competitors vying for your attention.
The way global fund transfers work is such that no particular business can claim to be the best at every moment. Given that exchange rates change continuously, while one company may offer the best rates today, that might not be the case tomorrow. Ideally, you should register with multiple global money transfer companies. That way, you can check which one offers the best rate before each transfer.
The best alternative to Travelex depends on different factors such as the country you reside in, the amount you wish to send, and the transfer method you choose.
To use the table below, follow these simple steps:
- Select a tab according to the region of your residence.
- Read over the transfer methods that Travelex competitors offer.
- Compare Travelex and its competition across parameters such as fees, speed, and minimum transfer amounts.
- Pick a Travelex alternative according to your needs.
Save time and money!
Travelex Competitor Comparison Table
This money transfers company rates as a good Travelex alternative in most parts of the world, aside from the US. Residents of the US cannot use this business to send money overseas. If you live in the US and wish to register with CurrencyFair, read this page first. When it comes to sending money overseas, big banks are becoming increasingly notorious for the astronomical fees they charge. If you deal with businesses that specialize in currency exchange and global fund transfers, you will benefit through better exchange rates. Besides, transfers through Travelex and its competitors are typically faster in comparison to banks. If you wish to save time and money, using the services of Travelex or its competitors is the ideal way to go.
OFX (USA)
Phone World First
Phone TransferWise
Currencies Direct
Phone
NO FEES
Check back again soon for their latest offers…HiFX USA
Phone OFX (UK)
Phone
NO FEESWorld First
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.Currencies Direct
Phone
NO FEES
Check back again soon for their latest offers…TransferWise
CurrencyFair
Phone Assistance
NEW Automatic QuickTrade feature could take as little as 1 hour!FrontierPay
Phone
NO FEESFC Exchange
phone HiFX UK
Phone
NO FEES 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
OFX (Aus / NZ)
Phone TorFX (Aus / NZ)
Phone
$50 - $10,000 via the TorFX online.World First
Phone TransferWise
CurrencyFair
Phone Assistance
NEW Automatic QuickTrade feature could take as little as 1 hour!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.CanadianForex
Phone
World First
Phone TransferWise
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.OFX (Europe)
Phone
NO FEESCurrencies Direct
Phone
NO FEES
Check back again soon for their latest offers…TransferWise
TorFX (UK / Europe)
Phone
The website is also responsive so it auto-scales to your screen size.
£50 - £10,000 via the TorFX online.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.World First
Phone FC Exchange
phone FrontierPay
Phone
NO FEESHiFX (UK / Europe)
Phone
NO FEES CurrencyFair
Phone Assistance
NEW Automatic QuickTrade feature could take as little as 1 hour!World First
Phone OFX / OzForex
Phone TransferWise
CurrencyFair
CurrencyFair is an international money transfer company headquartered in Ireland, with offices in the UK and Australia. Established in 2009, the CurrencyFair website went live in 2010. What differentiates this Travelex competitor from the rest is the fact that it lets you bid for preferred currency rates through the CurrencyFair MarketPlace. This way, you can get lower than prevalent market rates.Pros
Cons
TransferWise
TransferWise began operations in 2011. This peer-to-peer international money transfer company has its headquarters in the UK, with offices in Estonia and the US. As with most prominent Travelex competitors, it lets you make payments using bank transfers and debit cards. However, unlike many overseas money transfer companies, it also allows payments through credit cards. To find out more about this service provider, read the entire TransferWise review.Pros
Cons
OFX (Previously OzForex)
Previously known as OzForex, this alternative to Travelex has been in business since 1998, when it began operations as an information only website. Now, it has over 200 employees that serve customers through its offices in Australia, New Zealand, the UK, US, Canada, and Hong Kong. UKForex, USForex, NZForex and CanadianForex are all part of the OFX Group. Within the countries it operates from, this Travelex competitor deserves your attention, continue reading about OFX / OzForex.Pros
Cons
HiFX
HiFX began operations in 1998, as Halewood International Foreign Exchange Limited. Soon, it developed into one of the leading non-bank foreign exchange companies in the UK. It provides international money transfer services to individuals and businesses alike. This money transfer company can be better than Travelex if you’re emigrating or purchasing property overseas. You can make payments of up to £75,000 using debit and credit cards. If you are transferring more than £10,000 (or its equivalent in another currency), a HiFX broker can help you get the best available exchange rate. Get more insights from HiFX Review.Pros
Cons
World First
World First has been in business since 2004, when it began operations out of a South London basement. Within a decade, this Travelex alternative opened offices the US, Australia, Hong Kong, and Singapore. Depending upon the country of your residence, you can use its services as an individual, business, or online retailer, continue reading World First Review to learn more.Pros
Cons
TorFX
Headquartered in the UK, TorFX began offering international money transfer services in 2004. Currencies Direct acquired this alternative to Travelex in 2011. Now, it has offices in the UK, Europe, US, Australia, and South Africa, with more than 300 employees. You can use its services as an individual or a business. Additional info on TorFX.Pros
Cons
Currencies Direct
This UK based FCA registered Travelex competitor began operations in 1996. It has offices in the UK, US, France, Spain, Portugal, South Africa, and India. It also operates out of Scandinavia, Ireland, and Malta. You can utilize this money transfer company as an individual, a business, or an online seller, keep reading about Currencies Direct.Pros
Cons
FrontierPay
The FX Firm FrontierPay is a UK-based business that specializes in international fund transfers. As soon as you open an account, you have immediate access to a dedicated personal dealer. You can contact your dealer at any time to get the latest exchange rates available. Find out more about FrontierPay.Pros
Cons
Azimo
Azimo, a relatively new kid on the block, entered the international fund transfer market in 2012. The company has its headquarters in London, and an office in Krakow. If you live in Europe, using the services of this Travelex competitor might work well for you. You can access the Azimo website in English, French, Spanish, German, Italian, Russian, Polish, Turkish, and Romanian. This company is among the few prominent ones that accepts payments via credit cards. Find out more from Azimo review.Pros
Cons
FC Exchange
FC Exchange, a UK-based alternative to Travelex, began operations in 2005. It has offices in the UK as well as in Cyprus and South Africa. You can register with the UK-based FC Exchange website as an individual, a business, or an online seller. The country you register from has a bearing on the transfer methods made available to you. FC Exchange operates a dedicated website for online sellers in China. You can access this website in Chinese.Pros
Cons
WorldRemit
This UK-based alternative to Travelex began offering international fund transfer services in 2010. The company provides its services to residents of as many as 50 countries. Access to its website comes in English, French, and Spanish. Other than its headquarters in the UK, WorldRemit also has offices in the U.S., Canada, Japan, Australia, and New Zealand. Read the WorldRemit review.Pros
Cons
The Big Banks
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Travelex Competitors Updates
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