Both CurrencyTransfer and Currency Solutions are popular international money transfer services. But which one is better?
Below we compare them on their fees and reviews.
Fees
CurrencyTransfer | Currency Solutions | |
Homepage | ![]() | ![]() |
Transfer Fee | No fee | £10.00 fee for transfers below £3,000; £0.00 fee for transfers above £3,000. |
Average Exchange Rate Markup | 0.007 | 0.5% – 1% |
Minimum Transfer Amount | £5,000 (or currency equivalent) | £100 |
Maximum Transfer Amount | No limit | No limit for transfers over the phone Online transfers £20,000 for personal accounts £50,000 for business accounts |
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 | Currency Solutions | |
Trustpilot Rating | 4.8 | 4.7 |
Number of Trustpilot Reviews | 900 | 2,500 |
iOS App Rating | N/A | N/A |
Number of iOS App Reviews | N/A | N/A |
Android App Rating | N/A | N/A |
Number of Android App Reviews | N/A | N/A |
Features
CurrencyTransfer | Currency Solutions | |
App Transfers | No | No |
Online Transfers | Yes | Yes |
Phone Transfers | No | Yes |
In-person Transfers | No | No |
Available Countries | 170 | 160 |
Number of Currencies | 28 | 40 |
Payment Methods | Bank account | Bank account Debit 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 | 3 hours-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 Options contracts Risk management Recurring transfers API integration |
Debit Card | None | None |
Cancellation Policy | Booked currencies can be bought back from the selling provider with the costs falling on the customer | The company allows for transfers to be canceled and refunded if the transaction hasn’t been completed. Refunds may be subject to exchange rate changes and additional charges depending on the circumstances. |
Suitability | Large money transfers | Small and large money transfers |
Top Rated Money Transfer Service
Company Comparison
CurrencyTransfer | Currency Solutions | |
Year Founded | 2015 | 2003 |
Headquarters | London, UK | London, UK |
Other Office Locations | Tel Aviv (Israel) | Amsterdam (the Netherlands), Dublin (Ireland), and Paphos (Cyprus) |
Annual Trading Volume | $500 million | £1 billion |
Number of Employees | 23 | 70 |
Number of Clients | 20000 | 150000 |
Regulatory Institutions | FCA and HRMC in the UK | FCA in the UK |
Awards | Top 9 Startups (Swift Innotribe Startup Challenge, 2014) Presented at FinovateEurope – a FinTech-based conference (2014) | The Best Currency Transfer Provider (Trade Finance Global Currency Awards, 2016) Top-rated International Money Transfer Provider (Trustpilot, 2017 – 2020) |
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
Currency Solutions Pros & Cons
Currency Solutions Pros
- Outstanding customer support
- Impressive Trustpilot rating
- Fee-free transfers for larger amounts
- Competitive exchange rates
- Service availability in over 160 countries
- Robust currency offerings with support for 40+ global currencies
- Longstanding industry experience
- Quick fund transfers
- Advanced business FX features, including market orders and options contracts for effective currency risk management
- Personalized service through dedicated account managers
Currency Solutions Cons
- Charges apply for smaller transfer amounts
- Lack of a mobile application
- Limited availability of exotic currencies
- Lack of an instant quote feature
- Customer support is not available around the clock
Top Rated Money Transfer Service
See More Comparisons:
WorldRemit vs Send Payments
WorldRemit vs Instarem
WorldRemit vs Key Currency
WorldRemit vs VertoFX
WorldRemit vs Moneycorp