Both CurrencyTransfer and Send Payments are popular international money transfer services. But which one is better?
Below we compare them on their fees and reviews.
Fees
CurrencyTransfer | Send Payments | |
Homepage | ![]() | ![]() |
Transfer Fee | No fee | No fee |
Average Exchange Rate Markup | 0.007 | 0.01 |
Minimum Transfer Amount | £5,000 (or currency equivalent) | AU$250 |
Maximum Transfer Amount | No limit | No limit (AU$25,000 for recurring, daily transfers). |
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 | Send Payments | |
Trustpilot Rating | 4.8 | 4.9 |
Number of Trustpilot Reviews | 900 | 250 |
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 | Send Payments | |
App Transfers | No | No |
Online Transfers | Yes | Yes |
Phone Transfers | No | Yes |
In-person Transfers | No | No |
Available Countries | 170 | 180 |
Number of Currencies | 28 | 37 |
Payment Methods | Bank account | Bank account PayID POLi |
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 | 0-2 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 Delayed contracts Limit orders Stop-loss orders Recurring transfers |
Debit Card | None | None |
Cancellation Policy | Booked currencies can be bought back from the selling provider with the costs falling on the customer | Most money transfers can be canceled upon contacting Send Payments. Note that transfers that have been completed are seldom refunded. |
Suitability | Large money transfers | Small and large money transfers |
Top Rated Money Transfer Service
Company Comparison
CurrencyTransfer | Send Payments | |
Year Founded | 2015 | 2018 |
Headquarters | London, UK | Gold Coast, Queensland, Australia |
Other Office Locations | Tel Aviv (Israel) | Sydney and Melbourne (Australia) |
Annual Trading Volume | $500 million | AU$200 million |
Number of Employees | 23 | 60 |
Number of Clients | 20000 | N/A |
Regulatory Institutions | FCA and HRMC in the UK | ASIC and AUSTRAC in Australia |
Awards | Top 9 Startups (Swift Innotribe Startup Challenge, 2014) Presented at FinovateEurope – a FinTech-based conference (2014) | Best International Money Transfer Provider (Mozo Experts Choice Awards, 2020) Finnies Finalist (FinTech Australia Awards, 2020) Most Promising Money Transfer Service for 2022 (MoneyTransferComparison, 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
Send Payments Pros & Cons
Send Payments Pros
- A large selection of payment methods
- Top-tier customer service
- Stellar Trustpilot score
- No transfer fees
- Favorable exchange rates
- Fast money transfers
- Personalized care with dedicated account managers
- Customizable business tools including stop orders, limit orders, and delayed contracts
- 180 countries available
- Slick web design
Send Payments Cons
- No option for cash pickup
- A minimum limit of AU$250 for transfers
- A small selection of rare or exotic currencies
- No option for instant, tailored quotes
- No mobile app
Top Rated Money Transfer Service
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