Both Key Currency and Currency Solutions are popular international money transfer services. But which one is better?
Below we compare them on their fees and reviews.
Fees
Key Currency | 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 | 0.2% – 1% | 0.5% – 1% |
Minimum Transfer Amount | $1 | £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
Key Currency | Currency Solutions | |
Trustpilot Rating | 4.9 | 4.7 |
Number of Trustpilot Reviews | 1,600 | 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
Key Currency | Currency Solutions | |
App Transfers | No | No |
Online Transfers | Yes | Yes |
Phone Transfers | Yes | Yes |
In-person Transfers | No | No |
Available Countries | N/A | 160 |
Number of Currencies | 37 | 40 |
Payment Methods | Bank account | Bank account Debit card |
Receiving Methods | Bank account | Bank account |
Cash Pickup Option | No | No |
Payments Flexibility | Web platform Phone | Web platform Phone |
Supported Languages | English | English |
Transfer Speed | 1-2 days | 3 hours-2 days |
Dedicated Dealer | Yes | Yes |
Instant Custom Quote | No | No |
Business Features | Spot contracts Forwards contracts Limit orders Market analysis Recurring transfers Rate alerts | Spot contracts Forwards contracts Market orders Options contracts Risk management Recurring transfers API integration |
Debit Card | None | None |
Cancellation Policy | Customers must get in touch with the company to cancel transfers once they’ve been confirmed. Refunds are subject to Key Currency’s approval and granted on a case-by-case basis. | 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
Key Currency | Currency Solutions | |
Year Founded | 2016 | 2003 |
Headquarters | Truro, Cornwall, the UK | London, UK |
Other Office Locations | The Netherlands, Portugal, and Spain | Amsterdam (the Netherlands), Dublin (Ireland), and Paphos (Cyprus) |
Annual Trading Volume | £2 billion | £1 billion |
Number of Employees | 42 | 70 |
Number of Clients | 50000 | 150000 |
Regulatory Institutions | FinCEN in the USA FCA in the UK Bank of Spain in Spain | FCA in the UK |
Awards | Best Currency Exchange Service (ADVFN – each year from 2016 to 2023) Best Currency Provider (Online Personal Wealth Awards – 2016 and 2017) | The Best Currency Transfer Provider (Trade Finance Global Currency Awards, 2016) Top-rated International Money Transfer Provider (Trustpilot, 2017 – 2020) |
Key Currency Pros & Cons
Key Currency Pros
- Great customer service
- Impressive Trustpilot score
- Zero transfer fees
- Attractive exchange rates
- Personalized support from dedicated account managers
- No limits on transfer amounts
- Flexible currency hedging options
- Wide-reaching service coverage
- Extensive industry experience
- Quick money transfers
Key Currency Cons
- Not optimal for smaller transfers
- Limited funding methods
- Lack of support for less-common currencies
- No option for instant personalized quotes
- Services not accessible for residents in the US
- Absence of a mobile app
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
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