Both WorldRemit and Currency Solutions are popular international money transfer services. But which one is better?
Below we compare them on their fees and reviews.
Fees
WorldRemit | Currency Solutions | |
Homepage | ![]() | ![]() |
Transfer Fee | $0.99 – $3.99 depending on the transfer amount and the selected countries and payment methods. | £10.00 fee for transfers below £3,000; £0.00 fee for transfers above £3,000. |
Average Exchange Rate Markup | 1% – 1.6% | 0.5% – 1% |
Minimum Transfer Amount | $1 | £100 |
Maximum Transfer Amount | Depends on the selected countries and method of payment (ranges between $1,400 and $60,000). | 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
WorldRemit | Currency Solutions | |
Trustpilot Rating | 4.1 | 4.7 |
Number of Trustpilot Reviews | 78,800 | 2,500 |
iOS App Rating | 4.8 | N/A |
Number of iOS App Reviews | 172,000 | N/A |
Android App Rating | 4.6 | N/A |
Number of Android App Reviews | 179,000 | N/A |
Features
WorldRemit | Currency Solutions | |
App Transfers | Yes | No |
Online Transfers | Yes | Yes |
Phone Transfers | No | Yes |
In-person Transfers | No | No |
Available Countries | 145 | 160 |
Number of Currencies | 70 | 40 |
Payment Methods | Bank account Debit card Credit card Apple Pay Interac iDeal Trustly Klarna SOFORT POLi | Bank account Debit card |
Receiving Methods | Online wallet Bank account Cash pickup Home delivery | Bank account |
Cash Pickup Option | Yes | No |
Payments Flexibility | Web platform Mobile app | Web platform Phone |
Supported Languages | English, French, German, Danish, Dutch, and Spanish | English |
Transfer Speed | 0-2 days (within minutes in 95% of cases). | 3 hours-2 days |
Dedicated Dealer | No | Yes |
Instant Custom Quote | Yes | No |
Business Features | N/A | Spot contracts Forwards contracts Market orders Options contracts Risk management Recurring transfers API integration |
Debit Card | None | None |
Cancellation Policy | Only when the transfer hasn’t been paid out. Bank and mobile wallet transfers may be refunded even after the transfer is completed if the recipient agrees to the refund. | 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 | Small money transfers | Small and large money transfers |
Top Rated Money Transfer Service
Company Comparison
WorldRemit | Currency Solutions | |
Year Founded | 2010 | 2003 |
Headquarters | London, UK | London, UK |
Other Office Locations | Poland (Krakow), USA (Denver), Philippines (Cebu), Australia (Sydney), Belgium (Brussels), Japan (Tokyo), Kenya (Nairobi), Malaysia (Kuala Lumpur), Rwanda (Kigali), Singapore, South Africa (Johannesburg), Somaliland (Hargeisa), Tanzania (Dar Es Salaam), Uganda (Kampala), and Canada (Toronto) | Amsterdam (the Netherlands), Dublin (Ireland), and Paphos (Cyprus) |
Annual Trading Volume | $10 billion | £1 billion |
Number of Employees | 1800 | 70 |
Number of Clients | 5.7 million | 150000 |
Regulatory Institutions | FinCEN in the USA FINTRAC in Canada FCA in the UK ASIC in Australia National Bank of Belgium in EU FSPR in New Zealand FSA in Japan | FCA in the UK |
Awards | Best Practice in Remittances for Development by IFAD (United Nations Agency, 2015) Technology Fast 50 (Deloitte, 2015, 2016, and 2017) Tech Track 100 (Sunday Times, 2016, 2017, 2018, and 2019) Excellence in Transformational Business (FT/IFC Transformational Business Awards, 2017) EY Entrepreneur Of The Year (2016) Bronze Award (European Contact Centre & Customer Service Awards, 2019) The Powerlist (BBC, 2020) Best for International Transfers (Best Money Transfer Apps – Investopedia, 2021 and 2023) | The Best Currency Transfer Provider (Trade Finance Global Currency Awards, 2016) Top-rated International Money Transfer Provider (Trustpilot, 2017 – 2020) |
WorldRemit Pros & Cons
WorldRemit Pros
- Many payment methods
- Competitive foreign exchange rates
- Small transaction fees
- Excellent policy for transfer cancellations
- Instant, personalized cost estimates
- Cash pickup services available
- Mobile digital wallet features
- Comprehensive global service availability
- Strong coverage of over 70 unique currencies
- Wide local presence with offices in 15 nations
- Quick funds transfers
- Comprehensive and informative knowledge base
WorldRemit Cons
- Not ideal for transferring large sums of money
- No personal account managers available
- Lacks business solutions like forward contracts and limit orders
- Numerous criticisms pertaining to customer service
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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