RationalFX Review

RationalFX is an independent foreign exchange service provider based in the UK with additional offices in France, Poland, and Spain. They offer highly competitive exchange rates and quick forex transfer times for private clients and businesses. They offer dedicated foreign exchange dealers who use their expertise to help clients find the best options to suit their needs.

Fee: ? £4 below £5,000
Bank Partner: ? Barclays
Speed: ? 1-3 days
Country Notes Offices in UK, France, Spain, Poland and Slovakia
Local settlement: ? UK
Transfer methods ? Phone and online transfer services
Regulated By: ? FCA
General Notes N/a

The pros and cons of using RationalFX

pros

Over $10bn transferred to date

Specialists in INR

Funds held at Barclays Bank

Expertise in moving abroad and emigration

No fees for regular payment service

cons

No presense in the US

Less experience with larger corporates

Fee charged for low value payments

RationalFX

RationalFX Products for Individuals

#RationalFX helps individual clients in a variety of capacities, from regular and one-off money transfers online, to moving money for emigration and making payments for tuition or for property and mortgages. They offer forward contracts for individuals looking to trade at a fixed exchange rate for as long as two years, and stop and limit orders, which enable clients to automate currency trades and take advantage of fluctuating rates. RationalFX also has particular expertise in Indian Rupee forward contracts.

RationalFX promises faster transfers than banks with the same level of security. Clients can save substantially on currency transfers with Rational. Their regular payment service offers low fee transactions and competitive exchange rates. This plan is best suited for paying utility bills overseas, paying on mortgages in a foreign country or paying international tuition fees, among other things.

RationalFX Products for Businesses

RationalFX has a dedicated business development team whose sole purpose is to provide business clients with timely forex and currency transfer services. They help corporate clients with a variety of services, including international payments, currency hedging, wire transfers, risk management, and fx strategy and dealing.

Wire transfers with RationalFX are fast, secure and economical. They are members of the SWIFT network and will wire your funds to almost any bank, worldwide. Rational charges no transfer fees or commission. They offer a variety of products to protect the best interest of their clients. A dedicated dealer will outline your fx transfer patterns to determine whether you need products for regular international payments or one-off lump sums and tailor products to your particular needs. Businesses can choose from among spot contracts, forward contracts or limit orders.

About RationalFX

RationalFX was established in 2005 as a private forex services company. They are authorized by the FCA and to date have transferred over $5 billion for their clients. They offer a multilingual online payment system for approximately 20,000 private and corporate clients. RationalFX was among the first forex brokers to offer an online payment system and they are also the owners of the money transfer site, Xendpay.

Amount Received £ 10,000.00
£ 169.94 Avg. Saving vs. Banks ?
EUR11,698.98
USDn/a
CAD17,028.29
AUD19,020.44

Compare Other Currency Rates

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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 $12,845.34
GBP £239.73
saved vs. banks

OFX (UK)

?
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 $12,770.46
GBP £181.73
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 $12,767.88
GBP £179.73
saved vs. banks

Moneycorp

?
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 $12,780.79
GBP £189.73
saved vs. banks

WorldFirst

?
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 $12,845.34
GBP £239.73
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 $12,793.70
GBP £199.73
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 $12,716.24
GBP £139.73
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 $12,805.32
GBP £208.73
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 $12,800.15
GBP £204.73
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 InfoLess 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 $12,484.90
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 $12,458.04
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.