Top10MoneyTransfer is a free online resource created to help users find the information they need to make confident decisions. We invest significant time and effort into researching and presenting content in a clear and accessible way.
That said, the information on this site should not be seen as a personal recommendation. Our content is subjective and reflects our own editorial choices, which means it may sometimes be incomplete or contain inaccuracies. We encourage you to double-check details - and we always welcome your feedback.
We’re able to keep this resource free thanks to referral fees we receive from the companies featured. Because of this, reviews, rankings, and product information should be viewed as advertising content. That said, we work hard to keep the information accurate and useful so you can make confident decisions. You can find more information here.
Top Money Transfer Services - UK
All listed services are safe & regulated 
Get bank beating rates on your transfer
Fast mobile transfers
Available on:
Best Overall
1
Multi-currency support for transfers worldwide
Transparent pricing with no hidden costs
Transparent pricing with no hidden costs
Best for Transfers Over £10K
2
No fees & top UK rates for large secure transfers
Dedicated expert support every step of the way
Dedicated expert support every step of the way
3
Send securely to over 190 countries
Trusted for bank-beating rates with no fees
Trusted for bank-beating rates with no fees
4
FX tool to secure the exchange rate
5
P2P exchanges for 20+ currencies
6
A global expert team available 24/7
GBP
USD
Med Charges
Advertiser Disclosure
Top10MoneyTransfer is a free online resource created to help users find the information they need to make confident decisions. We invest significant time and effort into researching and presenting content in a clear and accessible way.
That said, the information on this site should not be seen as a personal recommendation. Our content is subjective and reflects our own editorial choices, which means it may sometimes be incomplete or contain inaccuracies. We encourage you to double-check details - and we always welcome your feedback.
We’re able to keep this resource free thanks to referral fees we receive from the companies featured. Because of this, reviews, rankings, and product information should be viewed as advertising content. That said, we work hard to keep the information accurate and useful so you can make confident decisions. You can find more information here.
That said, the information on this site should not be seen as a personal recommendation. Our content is subjective and reflects our own editorial choices, which means it may sometimes be incomplete or contain inaccuracies. We encourage you to double-check details - and we always welcome your feedback.
We’re able to keep this resource free thanks to referral fees we receive from the companies featured. Because of this, reviews, rankings, and product information should be viewed as advertising content. That said, we work hard to keep the information accurate and useful so you can make confident decisions. You can find more information here.
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Service
|
Features
|
Score
|
Transfer Money Now
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|---|---|---|---|---|---|---|---|
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Best Overall
1
|
 
No transfer fees & best-rate guarantee
Multi-currency support for global transfers
Flexibility to send when rates are optimal |
GBP
CHF
Low
GBP
NZD
Low
GBP
 USD
|
FCA, ASIC, MAS
|
Over 2,348 people chose this site this week
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Time to Open Account
Up to 3 minutes
Sending Options
Debit card
Bank transfer Receiving Options
Bank account
Required Documents
Photo ID
Proof of address Local branch,
based at Gold Coast
Phone
Support
24/7 Online
transfers
|
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Best for Transfers Over £10K
2
|
Personal currency expert for every transfer
Specialist support for large transfers
Trusted by hundreds of thousands |
GBP
EUR
Low
GBP
USD
Low
GBP
CAD
Low
|
FCA, FinCen, FSCA
|
||||
|
Time to Open Account
Up to 2 minutes
Sending Options
Debit card
Bank transfer Receiving Options
Bank account
Required Documents
ID, proof of address
Spot and
forward contracts
Rate
alerts
5-star
Trustpilot
|
|||||||
|
3
|
Send securely to over 190 countries
Trusted for bank-beating rates with no fees |
GBP
EUR
Low
GBP
USD
Low
|
FCA, FinCEN, ASIC
|
||||
|
Time to Open Account
Up to 2 minutes
Sending Options
Bank account
Debit or credit card Bank transfer Receiving Options
Bank account (up to 4 days)
Required Documents
Photo ID
Proof of address Live
rates
24/7 expert
support
Forward contracts and
regular payments
|
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4
|
FX tool to secure the exchange rate
Expert support for tailored transfers |
GBP
USD
Low
GBP
CHF
Low
|
FCA, FinCEN, CBI
|
||||
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Time to Open Account
A few minutes
Sending Options
Online platform
Expert-assisted transfers Receiving Options
Bank Account
Required Documents
ID, Proof of Address
130+ currencies
worldwide
Competitive
exchange rates
Trusted
global provider
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|
5
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Low fixed fee across all transfer sizes
Send 20+ currencies to 150+ countries |
GBP
USD
Low
GBP
EUR
Low
|
FCA, ASIC, MAS
|
||||
|
Time to Open Account
A couple of minutes
Sending Options
Bank transfer
Mobile app Debit card Receiving Options
Bank account
Required Documents
ID: passport/driving licence
Proof of address (eKYC) Transparent
pricing
Phone
support
Fast local
transfers
|
|||||||
|
6
|
Global support team available 24/7
No maximum limits on transfers |
GBP
USD
Med
|
FCA, ASIC
|
||||
|
Time to Open Account
Up to 5 min
Sending options
Bank Account
Wire Transfer Debit Card Receiving Options
Bank Account
Required Documents
ID Card, Proof of Address
Additional requirements for Businesses Bank-beating
rates
Secure
platform
No hidden
fees
|
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Customer Experiences
"TorFX is my go-to any time I want to send money to family abroad. The process is easy, the rates are great, and the personalised service provided by your named account manager gives peace of mind."
- Julie Ferguson, verified Trustpilot review
Pros
- Multiple award-winning money transfer services (2016-2022)
- Excellent exchange rates with no transfer fees
- Transfer 24/7 online, by phone or through the app
- No transfer limit over the phone
- Specializes in larger trades (£2000+)
Cons
- Transfer limit of £25,000 online or on the app
- Less competitive on lower value trades (below £2000)
"CD took any stress and confusion out of the situation. This is the first time I have had to use a service like this but wouldn't look to anyone else in the future."
- Drae, verified Trustpilot review
Pros
- No transfer fees or hidden charges
- Over 430,000 active clients & 25+ offices worldwide
- £10bn transferred annually
- Award-winning money transfer services
- You can transfer over the phone, online, or via their app
Cons
- Online transfer limit of £50,000 (or currency equivalent)
- Works best for large transfers (£2000+)
"XE is reliable trusted and smooth for sending money overseas . When sending larger transactions, it is the best and safest." - Karl, verified Trustpilot review
Pros
- UK-based team of currency experts, available 24/7 for customer support
- No maximum transfer limit when sending money by phone
- Over 70,000 Excellent 5-star reviews on Trustpilot
- FX risk management in 139 currencies across more than 200 countries
- Custom rate alerts and market orders when your chosen mid-market rate is reached
Cons
- Maximum online transfer amount of £350,000 (or currency equivalent)
- Cheques and cash payments are not accepted
How to Compare Money Transfer Services
Top10MoneyTransfer recommends checking the following features when comparing online money transfer providers, to help you find the best option for your international transfer.
Safety
Check that your chosen money transfer provider is regulated by a financial authority to ensure your money is safe and protected when sent. The main regulators include:
– FCA (Financial Conduct Authority), UK
– ASIC (Australian Securities and Investments Commission)
– FinCEN (Financial Crimes Enforcement Network), USA
Customer Support
Check which customer support channels are available and convenient for you. These typically include email, online chat, phone, or an online ticketing system. Some money transfer services also provide a personal account manager to assist with specific transactions and important tasks. Check this in advance to avoid issues when you need help.
Fees & Rates
Some money transfer services charge a fixed fee, while others take a percentage of the transfer amount, and some waive the fee entirely. The exchange rate is another important factor that influences your overall cost, so it’s worth comparing carefully.
Sending & Receiving Options
Confirm that the sending options offered by your chosen provider are convenient for you. Also ensure your recipient can easily receive the funds. Common sending options include bank transfer and debit or credit card, while common receiving options include bank transfer and cash collection.
Transfers from the UK
Safety
The FCA, the UK’s main financial regulatory authority, oversees the activities of UK-based financial services. It’s highly recommended to use a company that’s registered and authorised by the FCA when transferring money from the UK.
Ease of Onboarding
Most top-rated UK-based money transfer services offer a completely digital account opening and user-authorisation process. Any required proof of ID documents can be supplied digitally, eliminating waiting times. With this option, new customers are able to complete the onboarding process online in just a few minutes.
Fees and Rates
The UK is at the centre of the modern FinTech industry, offering a wide range of money transfer services to choose from. This gives users the flexibility to pick providers with minimal or no transaction fees and competitive mid-market exchange rates. On average, users can save up to 8× on fees by using leading services such as XE instead of a high-street bank like Lloyds Bank.
