Fexco Money Transfer Review

Fee: ?
Bank Partner: ?
Speed: ? 1-3 days
Country Notes
Local settlement: ?
Transfer methods ? Phone and online transfer services
Regulated By: ? FCA
General Notes

The pros and cons of using Fexco

Fexco Money Transfer

 

  • Fexco is a multinational financial services provider that offers personal money transfer services.
  • Founded and headquartered in Ireland in 1981, Fexco has operations in 29 countries worldwide and employs more than 2,000 people across Europe, the Middle East, Asia, North America, Latin America and Australasia.

FEXCO serves businesses with a wide range of innovative products and services, including Dynamic Currency Conversion, Bank to Bank Transfers, Retail FX, Managed Business Solutions and Tax Free Retail Services, processing more than $10 billion in transactions annually.

  • Fexco personal money transfers are, however, oriented toward large amounts,  typically transactions like international property purchases, cross-border mortgage payments, sales of property in other countries, pension payments across  borders, overseas education fees and similar.

Nonetheless, fees are kept relatively low. The service makes use of Mastercard Payment Gateway Services to enable FEXCO’s Dynamic Currency Conversion (DCC) solutions --  with which international transfers can be funded with the home currency.

Fexco also makes use of its network of banking contacts and high volume of turnover to provide exceptionally low rates for large-amount money transfers.

Registration is quite simple. Fexco asks for information from the client’s passport and uses that to verify the client’s identity.  There is no demand for large amounts of personal information. After registering, and providing funds, Fexco finds a low rate of exchange and makes the transfer with a good level of efficiency.

The speed of transactions is exceptionally rapid with funds reaching foreign bank accounts in a matter of hours, always on the same day.

As  financial institution  FEXCO is regulated by the Financial Conduct Authority, and maintains a high level of security.  FEXCO is the first Irish Payment Service Provider to receive the esteemed ISO 27001 Certification. Developed by the International Organisation for Standardisation (ISO) and awarded by Certification Europe, ISO 27001 is the recognized international standard for payments security.

Amount Received £ 10,000.00
£ 0.00 Avg. Saving vs. Banks ?
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Other International Money Transfer Quotes

Bank Beating Rates

TorFX

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Est. 2004

Bank-beating FX rates | Safe and secure | Free transfers for FXcompared customers

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Bank-beating FX rates | Safe and secure | Free transfers for FXcompared customers

Amount Received
USD $12,342.91
GBP £216.51
saved vs. banks

OFX (UK)

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Est. 1998

OFX (previously UKForex in the UK), provides secure and speedy international money transfers to over 300,000 people in 55 currencies at better-than-bank rates

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OFX (previously UKForex in the UK), provides secure and speedy international money transfers to over 300,000 people in 55 currencies at better-than-bank rates

Amount Received
USD $12,289.41
GBP £173.51
saved vs. banks
Bank Beating Rates

Currencies Direct

Call us0203 018 1318

Bank-beating FX rates | Safe and secure | Free transfers for FXcompared customers

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Bank-beating FX rates | Safe and secure | Free transfers for FXcompared customers

Amount Received
USD $12,305.59
GBP £186.51
saved vs. banks

Moneycorp

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Est. 1979

One-off payments | Regular payments | Great rates | Safeguarded customer funds

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One-off payments | Regular payments | Great rates | Safeguarded customer funds

Amount Received
USD $12,318.03
GBP £196.51
saved vs. banks

Global Reach (formerly FC Exchange)

Great rates | One-off payments | Regular transfers | E-Money Institution | No fees for FXcompared customers

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Great rates | One-off payments | Regular transfers | E-Money Institution | No fees for FXcompared customers

Amount Received
USD $12,330.47
GBP £206.51
saved vs. banks

WorldFirst

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Est. 2004

Transparency and security | Great customer feedback rating from Feefo

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Transparency and security | Great customer feedback rating from Feefo

Amount Received
USD $12,314.30
GBP £193.51
saved vs. banks

RationalFX

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Est. 2005
Established in 2005, RationalFX helps individuals and businesses achieve significant savings on international payments
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Established in 2005, RationalFX helps individuals and businesses achieve significant savings on international payments
Amount Received
USD $12,336.69
GBP £211.51
saved vs. banks

Western Union Business Solutions

The Personal Payments team at Western Union Business Solutions look after the overseas currency requirements for private individuals.
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The Personal Payments team at Western Union Business Solutions look after the overseas currency requirements for private individuals.
Amount Received
USD $12,255.82
GBP £146.51
saved vs. banks

Azimo

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Est. 2012

Azimo is an online only provider with a focus on mobile money transfers. They also work with the top global banks and payment providers to ensure the safe delivery of your money and payout globally.

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Azimo is an online only provider with a focus on mobile money transfers. They also work with the top global banks and payment providers to ensure the safe delivery of your money and payout globally.

Amount Received
USD $12,408.00
GBP £268.82
saved vs. banks

Currency Solutions

Currency exchange specialists ranking No.1 on Trustpilot for the past two years
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Currency exchange specialists ranking No.1 on Trustpilot for the past two years
Amount Received
USD $12,341.67
GBP £215.51
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WorldRemit

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Est. 2010

WorldRemit is an online service that lets people send money to friends and family living abroad, using a computer, smartphone or tablet.

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WorldRemit is an online service that lets people send money to friends and family living abroad, using a computer, smartphone or tablet.

Amount Received
USD $12,288.00
GBP £172.38
saved vs. banks

Smart Currency Exchange

Smart is focused on helping clients to effectively and efficiently send and receive payments internationally
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Smart is focused on helping clients to effectively and efficiently send and receive payments internationally
Amount Received
USD $12,336.69
GBP £211.51
saved vs. banks

Rates From The Average UK High Street Bank

Banks are the most expensive way to do an international money transfer, the quotes from the providers above show you the typical savings that can be made. All providers on FXcompared.com are regulated in the UK  by the FCA, in the USA by FinCEN, In Canada SSC and Australia, ASIC.

We check all rates regularly and this quote is an actual quote of the average from UK banks for this month. It includes all major and small banks. Lloyds, Barclays, HSBC, Santander, NatWest, RBS, Coutts, Handelsbanken, Metro bank and more - tracked every month. We obtain our rates via our IMTI platform.
 

More Info Less Info

Banks are the most expensive way to do an international money transfer, the quotes from the providers above show you the typical savings that can be made. All providers on FXcompared.com are regulated in the UK  by the FCA, in the USA by FinCEN, In Canada SSC and Australia, ASIC.

We check all rates regularly and this quote is an actual quote of the average from UK banks for this month. It includes all major and small banks. Lloyds, Barclays, HSBC, Santander, NatWest, RBS, Coutts, Handelsbanken, Metro bank and more - tracked every month. We obtain our rates via our IMTI platform.
 

Amount Received
USD $12,032.85
No saving vs. banks

PayPal

?
Est. 1998

Shop with PayPal and you’ll still earn your points, airmiles and cashback. Fees are shown as part of the overall exchange rate.

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Shop with PayPal and you’ll still earn your points, airmiles and cashback. Fees are shown as part of the overall exchange rate.

Amount Received
USD $12,006.97
No saving vs. banks

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FXcompared.com is an fx money comparison site for international money transfer and to compare rates from currency brokers for sending money abroad. The website and the information provided is for informational purposes only and does not constitute an offer, solicitation or advice on any financial service or transaction. None of the information presented is intended to form the basis for any investment decision, and no specific recommendations are intended.  FXC Group Ltd and FX Compared Ltd does not provide any guarantees of any data from third parties listed on this website. FX compared Ltd expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from (i) any error, omission or inaccuracy in any such information or (ii) any action resulting therefrom.