CurrencyFair vs TransferWise

Is CurrencyFair better than TransferWise?

TransferWise was established 2 years after CurrencyFair and appears to be heavily inspired by the CurrencyFair model. Although the two services fit and perform equally for smaller transfer amounts, the larger the amount of money you transfer — the more CurrencyFair is taking the lead, thanks to only charging a fixed small fee. Transferwise charges a percentage of your transfer, meaning larger transfers attract significantly higher fees. CurrencyFair also allows you to transfer an unlimited amount, while TransferWise limits your transfer to $200K.

Established
Established
2009
  • Low-cost transfers for studying abroad
  • Low-cost transfers for studying abroad
  • Low-cost transfers for studying abroad
2011
TrustPilot Rating
TrustPilot Rating
5 out of 5 |
5 out of 5 |
Office Locations
Office Locations
Ireland, Australia, UK
  • Low-cost transfers for studying abroad
  • Low-cost transfers for studying abroad
  • Low-cost transfers for studying abroad
UK, USA, Australia, UAE, Ukraine +
REGULATION
SAFTEY
FEES & CHARGES
SENDING & RECEIVING OPTIONS
CUSTOMER SUPPORT
BUSINESS TRANSFER FEATURES
TRANSFER METHODS
ONBOARDING SIMPLICITY
CURRENCY EXCHANGE FEATURES
SAVINGS FEATURES
UNIQUE FEATURES
MOBILE TRANSFERS