Top 10 Money Transfer Services - UK

All listed services are safe & regulated
Get bank beating rates on your transfer
Fast mobile transfers
Available on:
1
Transfer Fees: Low
2
Transfer Fees: Low
3
Transfer Fees: Low
4
Transfer Fees: Low
5
Transfer Fees: Med
6
Transfer Fees: Med
7
Transfer Fees: Med
8
Transfer Fees: Med
9
Transfer Fees: High
10
Transfer Fees: High
Service
Features
Charges
Score
Regulation
Transfer Money Now
1
Bank-beating exchange rates
Same-day transfer available
Option to wait & choose your own rate
World-class 24/7 customer support
GBP
-
EUR
Low
GBP
-
AUD
Low
GBP
-
USD
Low
ASIC, CBI
Time to Open Account
A few minutes
Sending Options
Bank transfer
Mobile app
Debit cards
Receiving Options
Bank account only
Required Documents
Passport/ID/Driver’s Licence, Proof of address (eKYC)
Mobile
Transfer
Phone
Support
Payment
Tracking
3,605 Reviews | Excellent
2
Good fit for online sellers
Pay suppliers in local currencies
7 local currency accounts
GBP
-
EUR
Low
GBP
-
USD
Low
FCA, ASIC
Time to Open Account
A few minutes
Sending Options
Wire transfer
Debit/credit card
Receiving Options
Bank Account
Required Documents
ID, Proof of address (eKYC)
Business
Expertise
Phone
Support
Local Account
Solutions
1,872 Reviews | Very Good
3
Free international transfers
Pay suppliers and taxes in a local currency
GBP
-
AUD
Low
GBP
-
EUR
Low
FCA, ASIC
Time to Open Account
A few minutes
Sending options
Wire Transfer
Debit Card
Receiving Options
Bank Account
Required Documents
ID Card, Proof of Address
Local Account
Solutions
Mobile
Transfers
Locked-in
Exchange Rates
3,728 Reviews | Excellent
4
Low fees, best rates for small transfers
Numerous cash pick-up collection points
GBP
-
EUR
Low
FCA
Time to Open Account
A few minutes
Sending Options
Bank Account
Mobile App
Receiving Options
Cash pickup
Bank transfer
Mobile money
Airtime top up
Door-to-door
Required Documents
ID Documentation, Proof of Address
Mobile/App
Transfers
Social Media
Support
SMS/email
Notification
32,930 Reviews | Excellent
5
No transfer fees & Bank-beating rates
Most transfers occur within minutes
GBP
-
EUR
Med
FCA, FinCen, ASIC
6
Make fast, fee-free transfers
24/7 one-on-one customer support
GBP
-
EUR
Med
FCA
7
Cash pickup around the world
Transfer money in minutes
GBP
-
EUR
Med
FMA
8
No minimum transfer amount
Good customer service
GBP
-
EUR
Med
FCA
9
Dedicated private/corporate window
Portfolio includes spot transactions
GBP
-
EUR
High
FCA (UK)
10
Tailored to individual needs including lock in rates
Currency cards and travel cash
GBP
-
EUR
High
FCA (UK)

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Top10moneytransfer.com is an independent professional comparison site that provides users with free and valuable information on leading money transfer services. Top10moneytransfer.com is supported by referral fees from listed companies. We do not provide a listing of each and every company in the market. We do not guarantee 100% accuracy of the information. The information which appears on this site is subject to change at any time. We aim to help users make an informed choice that best suits their particular needs.

Latest Reviews

"I've used it for a few years and it's always been very easy, quick and reliable. Rates are very competitive. Definitely recommend."

Pros

  • CBI, ASIC, AFS MAS and C&E HK regulated
  • Free to register
  • Reliable customer service
  • Average commission of just 0.35%

Cons

  • Certain countries are excluded from using the service

"Extremely professional, knowledgeable and helpful. Their rates are very competitive too. All round excellent service."

Pros

  • Free account
  • No transfer fees for personal and online seller accounts
  • Bank-beating exchange rates
  • Local receiving accounts
  • Excellent support
  • Fully regulated & licensed
  • Safe and secure money transfers

Cons

  • Slower transfers for specific locations (mostly South America)
  • Additional inquiry necessary for info on destination countries and supported currencies

"OFX are the best. I've used them for years, always efficient, reliable and the best rates to boot."

Pros

  • Over 190 countries covered, more than 50 currencies exchanged
  • Local receiving accounts set up quickly and free of charge
  • Bank-beating exchange rates
  • No transfer fees and/ or commissions
  • Secure and fully regulated in each of the covered jurisdictions
  • Suppliers and VAT invoices can be paid in their own currency from the appropriate local currency account that is connected to a global currency account

Cons

  • No live chat support option
  • Some solutions seem overly complicated

How to Compare Money Transfer Services

Top10MoneyTransfer recommends checking the following features when comparing online money transfer companies so you can find the best provider for your international transfer.

Safety

Check your chosen money transfer provider is regulated by a government authority, to ensure your money is safe & protected when transferred. The main regulators include:

– FCA (Financial Conduct Authority), UK

– ASIC (Australian Securities and Investments Commission)

– FinCEN (Financial Crimes Enforcement Network), USA

Fees & Rates

Some money transfer services charge a fixed transaction fee, others take a percentage of the transfer sum, while some services waive the transfer fee completely. The conversion rate is another money-maker for many services and as such poses yet another crucial pricing component to examine carefully. Consider the above to find the most cost-effective solution for your transfer.

Customer Support

Check the customer support channels available are convenient for you. These generally include email, online chat, phone or online ticketing system. In addition, some money transfer services provide a personal account manager to assist with special transactions and important tasks. Try checking this beforehand, to avoid stress when you need help.

Sending & Receiving Options

It’s important to confirm the sending options offered by your preferred money transfer provider are convenient for you. You should also ensure that your recipient is able to easily collect the money sent. Common sending options include bank transfer or credit card. Common receiving options include bank transfer and cash pickup.

Transfer Amounts

Another important element to consider is the amount of money you wish to transfer. Some services offer better features and benefits for large transfer amounts or business transfers, while others better handle small transfer amounts or cash transfers. Use our comparison table to determine which provider best suits your money transfer needs.