Wondering Which Western Union Competitor Will Work Best for You?
The international funds transfer marketplace is rife with competition. While Western Union gives you a secure way to transfer money overseas, so do several of its competitors. Money transfer companies generally offer better exchange rates in comparison to banks. However, is there a Western Union competitor that is better than the others?
Since foreign currency exchange rates are subject to fluctuations, there is no telling which company is the best at any given moment. While one company might offer the best rates today, another might take its place tomorrow. If you plan to transfer funds overseas periodically, you can benefit by registering with multiple companies. This way, each time you wish to make a transfer, you can compare exchange rates on offer.
The table below gives you an easy way to pick a Western Union alternative according to your specific needs. Using it is easy – simply follow these steps:
- Narrow down the options based on your desired transfer method.
- Find out if you meet the minimum transfer amount requirement.
- Compare fees and turnaround times.
- Select a company.
- Click on the ‘Visit Website’ button to go to the chosen company’s website.
Western Union Competitor Comparison Table
- User Rating
- Transfer Type
- Regular Payments
- Mobile App
- Min Transfer Amount
Currencies Direct is a UK-based business. It began operations in 1996, which makes it one of the oldest specialist money transfer companies. Today, this alternative to Western Union also has offices in the U.S., France, Spain, Portugal, South Africa, and India. It has dedicated websites for residents of the UK, the U.S., France, Italy, Spain, Portugal, Norway, Sweden, and China. Depending on the website you log on to, you may be able to access it in a local language. Continue reading to learn more, click here.
Originating in 2009, CurrencyFair has its headquarters in Ireland. It also has offices in the UK and Australia. While this Western Union competitor provides its customers with a single website, you can access in it English, Polish, and French. One aspect about this money transfer company that you won’t find with other many of its competitors is the unique CurrencyFair MarketPlace. This platform lets you bid for preferred exchange rates, giving you the ability to get better-than-prevailing market rates. Keep track with the latest updates about CurrencyFair, visit this page.
This UK-based alternative to Western Union set up shop in 2009. It operates a single website for all worldwide customers, which is available only in English. What brings
the FX Firm FrontierPay to this list is the fact that every registered user has access to a personal dealer. Like its competitors, it offers better exchange rates than banks. Read great insights on FrontierPay reviews.
This alternative to Western Union began operations in 2004. It has its headquarters in the UK, along with offices in mainland Europe, Australia, and South Africa. Until 2013, all of its global customers used a single UK-based website. Since then, it has operated an Australia-based website, as well. Both websites are available only in English. Visit this page to learn more about TorFX.
Azimo is a relatively new player in this field, having begun operations in 2012. This company has its headquarters in London, the UK, with an office also in Krakow, Poland. This alternative to Western Union lets you pay for your transfer using debit and credit cards. You can access the Azimo website in English, Spanish, Portuguese, Italian, Russian, German, Romanian, and Polish. Check out the most comprehensive Azimo review here.
If you are looking for a Western Union competitor that provides website access in English, French, or Spanish, WorldRemit requires your attention. This company has been around since 2010. It has its headquarters in the UK, with offices also in North America and Australasia. You can pay for your transfer through this company using different methods, credit cards included. Continue reading about WorldRemit.
- Is CurrencyFair’s competition up to the task?
- Should one consider TransferWise or are their better alternatives?
- Do HiFX have adequate competition or is it all the same with a different name?