Before transferring money internationally, it's smart to compare the offerings of different currency companies.

Payoneer
Amount Received
£ 200.00
EURn/a
USDn/a
CADn/a
AUDn/a
£ 0.00 Avg. Saving vs. Banks ?
Go to site
TorFX
Amount Received
£ 200.00
EURn/a
USDn/a
CADn/a
AUDn/a
£ 0.00 Avg. Saving vs. Banks ?
Go to site
?
Est. 2004
Payoneer
Fee: ? Using our Billing Service you can request a payment and get paid directly. - Credit Card (all currencies) 3% - eCheck (USD) 1%
Bank Partner: ?
Speed: ? 1-3 days
Local Settlement: ? Global
Transfer Methods ?
Phone and online transfer services
Regulated By: ?
General Notes Whether you work with global marketplaces or directly with international clients, Payoneer is the preferred solution for businesses and professionals to get paid. In addition to offering more ways to get paid, independent research has confirmed that Payoneer can save you up to 71% of the fees you pay through other payment options.* * Source: Unveiling the True Cost of B2B Payments by Let’s Talk Payments
Country Notes Receive funds from Wish, Fiverr, Upwork, Airbnb or any of the thousands of companies that pay via Payoneer.
TorFX
Fee: ? No Fees via FXcompared
Bank Partner: ?
Speed: ? 1-3 days
Local Settlement: ? Worldwide
Transfer Methods ?
Phone and online transfer services
Regulated By: ?
FCA, ASIC
General Notes Personal account management and expert insights.
Country Notes Offices in UK, Australia and Singapore. Transfer 40+ currencies +120 countries.

The pros and cons of using Payoneer

pros

Mastercard available for business customers

Good option for freelancers being paid internationally

Receive payments via debit card

Bank account offered

cons

Not for larger businesses

Takes longer than Transferwise for an account to be opened

Personal accounts cannot add money to the platform and make transfers, they can only receive money paid from another person or company

The pros and cons of using TorFX

pros

Dedicated account management

Two customer service awards

Highest Trustpilot rating – 5 stars

Free to open an account

Fee-free transactions anywhere

Educational guides on buying a property abroad

cons

Market insights are often lagging, so too far behind for them to be actionable

Website information is hidden from main menus, leaving it hard to find

cons

Not for larger businesses

Takes longer than Transferwise for an account to be opened

Personal accounts cannot add money to the platform and make transfers, they can only receive money paid from another person or company

cons

Market insights are often lagging, so too far behind for them to be actionable

Website information is hidden from main menus, leaving it hard to find

Payoneer
Amount Received
£ 200.00
EURn/a
USDn/a
CADn/a
AUDn/a
£ 0.00 Avg. Saving vs. Banks ?
Go to site
TorFX
Amount Received
£ 200.00
EURn/a
USDn/a
CADn/a
AUDn/a
£ 0.00 Avg. Saving vs. Banks ?
Go to site

Compare Other Currency Rates

Advanced: compare to quote from your bank ?

Other International Money Transfer Quotes

OFX (US)

Est. 1998

OFX provides secure and speedy international money transfers to over 300,000 people in 55 currencies at better-than-bank rates.

More InfoLess Info
Amount Received
GBP £164.43
USD $33.24
saved vs. banks

Wise

Est. 2010

Wise is an online only provider

More InfoLess Info
FXcompared Rating
Amount Received
GBP £161.64
USD $29.88
saved vs. banks

Average US Bank

Est. 1900

Average of the top US Banks costs as compiled by our own FXC Intelligence group

More InfoLess Info
Amount Received
GBP £160.33
USD $28.30
saved vs. banks

MoneyGram

Est. 2004

MoneyGram is a leading remittance provider serving countries across the globe.

 

More InfoLess Info
Amount Received
GBP £165.14
USD $34.10
saved vs. banks

Other Company Comparisons

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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.