Revolut and Moneycorp are two of the biggest companies in the online money transfer market, and they have a number of similarities and differences.
Fully authorised by the FCA
Fee-free transactions
Easily manage your account online or through the mobile app
Free multi-currency account with up to 29 different currencies
Easy to set up an account, you can start using it quickly
Easy to transfer money back off your card into your bank account
Cryptocurrency offering
24-hour customer service
Uses the interbank rate for transactions at weekends, which misses out on any currency fluctuations
Charges fees when markets are closed at weekends
Free cash withdrawals have a monthly limit
There are no physical branches
Mobile app available for Android and iOS
4.6/5 Feefo rating
Generally positive customer reviews – 4.6-star Trustpilot rating
Trade 24/7 by telephone or online
Future or options contracts ideal for investors
Range of current investor communications
No obvious commitment to match competitor rates
Fees charged on any transaction are £5–£15 (except for FXcompared customers)
OFX provides secure and speedy international money transfers to over 300,000 people in 55 currencies at better-than-bank rates.
Average of the top US Banks costs as compiled by our own FXC Intelligence group
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.
