Introduction
One of Europe’s most trusted and one of the world’s largest money transfers businesses, Small World Financial Services offers:
Small World Financial Services Products for Individuals
Small World Financial Services is an international money transfers business operating under several different brand names in over 20 different countries, most of which are concentrated in Europe, the United States and Canada (brand names include Choice, Express Funds, Global Link, LCC, Swiss Transfers, UNO and Universal de Envíos).
Individual customers can transfer money from the company’s online platform by using the iOS or Android smartphone app, by telephoning or via one of the company’s numerous affiliated agent locations.
The company allows individuals to send money to over 195 countries – one of the few cross-border payments firms to operate on such a large scale and to offer such a variety of options to receive the cash (including cash pick-up, home delivery, airtime top-up, deposit to mobile wallets and bank accounts).
While the company website isn’t the easiest to navigate, Small World FS remains an excellent solution for people who wish to send money to countries where the only alternative options are traditional money transfer operators or banks. Small World offers appreciably better exchange rates and transfer fees than either of these.
The company’s transfer fee system is commendably transparent, allowing individual customers to see exactly how much they will pay (and how much the recipient will receive) before committing to a transaction.
With 680 employees across the world, Small World FS is one of the largest money transfers companies in the world. All of its different entities are regulated by the financial authorities in the jurisdictions they are located in.
Small World Financial Services for Businesses
Businesses, whether SME or corporate, usually need fast and effective money transfer services to foreign suppliers – and Small World FS offers an admirably fast and effective service to them, reducing the financial costs that inevitably accompany international operations.
Business seeking to make payment to suppliers, return revenues, invest rapidly or make deposits can do so through the Small World for Business offering, which facilitates same-day transactions in foreign or local currencies, depending on choice.
Businesses are not required to maintain a balance on their Small World for Business account, which is a straightforward transfer vehicle only. No signup or maintenance fees will be deducted, and firms can simulate a prospective transaction by contacting Small World by phone or via live help.
About Small World Financial Services
Europe’s leading cross-border payments provider, Small World FS operates across the European Union, North America, Africa and Asia and provides money transfer services to 195 countries.
Founded in 2005, the company is headquartered in London but encompasses different brands in the different countries it operates in:
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Banks are typically the most expensive way to do an international money transfer, and the quotes from the providers above show you the typical savings that can be made versus the average of a group of popular banks. All providers on FXcompared.com are regulated in the UK by the FCA, in the USA by FinCEN, In Canada by the SSC and Australia by the ASIC.
We check all rates regularly and this quote is an average from a group of major UK high street banks for this past month. It includes: Bank of Scotland, Barclays, Co-operative Bank, HSBC UK, Halifax, Lloyds Bank, NatWest, Nationwide and Santander GB – tracked every month. For more information on how the price comparisons are calculated, see our IMTI page.
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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.