WorldFirst review coming soon…
CurrencyFair is the best way to exchange currency and send funds to bank accounts worldwide. Our unique, new peer-to-peer marketplace ensures big savings on exchange rates and fees, and puts YOU back in control. There’s now an efficient and safe alternative to ridiculous bank and broker charges.
CurrencyFair is an online currency exchange market place. The market place is peer-to-peer, with the ability for CurrencyFair to supply liquidity. CurrencyFair is headquartered in Ireland with employees in UK, Australia and Poland.
Currently, 17 currencies are available to exchange – Euro, Pound Sterling, US Dollar, Australian Dollar, Canadian Dollar, Swiss Franc, Czech Koruna, Danish Krone, Hong Kong Dollar, Hungarian Forint, Norwegian Krone, NZ Dollar, Polish Zloty, Swedish Krona, Singapore Dollar and South African Rand.
Customers can exchange immediately to and from any of the 17 currencies using QuickTrade. They can also ask for a higher rate and wait to be matched. This feature allows customers to potentially get a rate that is better than the market interbank (wholesale) rate. CurrencyFair cuts out the banks from the exchange process by matching you with another customer selling the currency you want to buy.
CurrencyFair holds all client money separate from its own with Bank of America. The company is regulated by both the Central Bank of Ireland (under the European Union Payment Services Directive) and by the Australian Securities and Investments Commission.
TD Canada Trust Foreign Currency Services provide competitive exchange rates on over 50 foreign currencies.
MoneyGram is available at more than 6,000 Post Offices across Canada. Visit your nearest Post Office so you can transfer and receive money to and from loved ones across Canada and worldwide.
Xoom is an online international money transfer service that offers a secure and fast way to send money from either bank account or credit card from their website to friends and family in these countries:
Recipients do not need a bank account or Internet connection to receive funds. Senders can fund their money transfer with a credit card, debit card or bank account.
Note the transfers must be made to Xoom in USD therefore the Xoom rate must be added to the Credit Card exchange rate which is typically 2.5%. The Xoom rates shown on BestExchangeRates take this double conversion into account.
TorFX is a UK & Australian based leading provider of foreign exchange services, offering very competitive currency exchange rates for international money transfers and an unrivalled personal service to private individuals and companies with a foreign currency exchange requirement.
UAE Exchange offer very competitive currency rates with a network that spreads across five continents spanning 30 countries with 570+ direct offices.
The OzForex Group provides foreign exchange services to over 100,000 customers across 6 continents under the OzForex, UkForex, USForex and CanadianForex brand-names.
For transfers of less than AUD 2,000 or equivalent you’ll get a great deal at the team at Tranzfers.
Fee Free Special Offer: Get your first two transfers with Tranzfers fee free when referred from BestExchangeRates
What are the normal fees with Tranzfers? Are there any hidden charges or receiving bank charges?
The fees are currency based e.g. If you are converting from UK Pounds, then the fee is £7. For each of the currencies you can Tranzfer, the fee is as follows:
Tranzfers guarantee no receiving bank fees in Australia, the UK and New Zealand. In other countries they minimise the chances that a receiving bank fee is charged by sending the money directly to your account from within that country.
If you’re planning on doing transactions larger than AUD 2,000 or equivalent then you should consider registering with Ozforex where the two fee free deal offer also applies.