Both CurrencyTransfer and Corpay are popular international money transfer services. But which one is better?
Below we compare them on their fees and reviews.
Fees
CurrencyTransfer | Corpay | |
Homepage | ![]() | ![]() |
Transfer Fee | No fee | £20 for transfers under £3,000 £0 for transfers above £3,000. |
Average Exchange Rate Markup | 0.007 | 0.4% – 1.9% |
Minimum Transfer Amount | £5,000 (or currency equivalent) | £1,000 (or currency equivalent) |
Maximum Transfer Amount | No limit | No limit |
Top Rated Money Transfer Service
Currencies Direct are the top rated International Money Transfer Service on our list.
- 4.9 out of 5 on Trustpilot based on over 8,000 reviews
- No transfer fees
- Bank-beating rates
- Award-winning service
- Exclusive Amazon gift card offer for users of MoverDB.com
Reviews
CurrencyTransfer | Corpay | |
Trustpilot Rating | 4.8 | 2.8 |
Number of Trustpilot Reviews | 900 | 3 |
iOS App Rating | N/A | 5 |
Number of iOS App Reviews | N/A | 1 |
Android App Rating | N/A | N/A |
Number of Android App Reviews | N/A | N/A |
Features
CurrencyTransfer | Corpay | |
App Transfers | No | No |
Online Transfers | Yes | Yes |
Phone Transfers | No | Yes |
In-person Transfers | No | No |
Available Countries | 170 | 200 |
Number of Currencies | 28 | 145 |
Payment Methods | Bank account | Bank account Debit card Credit card |
Receiving Methods | Bank account | Bank account |
Cash Pickup Option | No | No |
Payments Flexibility | Web platform | Web platform Phone |
Supported Languages | English | English |
Transfer Speed | 1-4 days | 1-2 days |
Dedicated Dealer | Yes | Yes |
Instant Custom Quote | Yes | No |
Business Features | Spot contracts Forwards contracts Market orders Batch payments FX derivatives Rate alerts API integration | Spot contracts Forwards contracts Market orders Limit orders Treasury and risk management |
Debit Card | None | Corpay Multi-Card |
Cancellation Policy | Booked currencies can be bought back from the selling provider with the costs falling on the customer | If you choose to cancel your money transfer, the funds would be returned to the market. Keep in mind that canceling the transaction may result in additional charges, which you would be liable for.** |
Suitability | Large money transfers | Large money transfers |
Top Rated Money Transfer Service
Company Comparison
CurrencyTransfer | Corpay | |
Year Founded | 2015 | 2001 |
Headquarters | London, UK | London, UK |
Other Office Locations | Tel Aviv (Israel) | The Netherlands, Spain, Cyprus, and Canada** |
Annual Trading Volume | $500 million | $74 Billion |
Number of Employees | 23 | 200** |
Number of Clients | 20000 | 25000 |
Regulatory Institutions | FCA and HRMC in the UK | FinCEN in the USA FINTRAC in Canada FCA in the UK ASIC in Australia Central Bank of Ireland in EU |
Awards | Top 9 Startups (Swift Innotribe Startup Challenge, 2014) Presented at FinovateEurope – a FinTech-based conference (2014) | Profit Fast Track 100 (The Sunday Times, 2012) Best Small Companies to Work For (The Sunday Times, 2014) Best Company To Work For (Best Accreditation Standard, 2016) Best Forex Payment Technology Solution (UK Forex Awards, 2018) Best Currency Service Provider (Shares Awards, 2018) Gold Service Award (Feefo, 2019) Best New to Market Portugal (Department for International Trade Business Awards, 2019) Platinum Service Award (Feefo, 2021 and 2022) Best Payments Solutions Provider (Global Forex Awards B2B, 2022) Best Cross-Border Payments Service (Payments Awards, 2022) Overall Payment Solution of the Year (Electronic Money Award, 2022) |
CurrencyTransfer Pros & Cons
CurrencyTransfer Pros
- Real-time personalized quotations
- Excellent client support
- Strong rating on Trustpilot
- Zero fees on transfers
- Attractive foreign exchange rates
- Worldwide service availability
- Wide range of options for businesses
- Speedy transfer of funds
- Notifications for exchange rate fluctuations
CurrencyTransfer Cons
- Not suitable for small money transfers
- High minimum transfer limit
- No multi-language support
- Limited payment options
- No mobile app
- Limited currency coverage
- No local coverage
Corpay Pros & Cons
Corpay Pros
- Several payment methods are available
- Expert currency advisors on-hand
- Impressive online reviews
- No transfer fees for large transfers
- Attractive exchange rates
- No limit on the maximum transfer amount
- Broad international reach
- Support for a wide range of currencies
- Long-standing industry experience
- Prompt transfer service
Corpay Cons
- Not suitable for small money transfers
- Limited funding options
- Absence of a mobile app
- No option for instant custom quotes
- High minimum transfer limit
Top Rated Money Transfer Service
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