Western Union
Amount Received
£ 10,000.00
EURn/a
USDn/a
CADn/a
AUDn/a
£ 0.00 Avg. Saving vs. Banks ?
Go to site
Payoneer
Amount Received
£ 10,000.00
EURn/a
USDn/a
CADn/a
AUDn/a
£ 0.00 Avg. Saving vs. Banks ?
Go to site
Western Union
Fee: ? £1 to £4.90
Bank Partner: ?
Speed: ? 1-3 days
Local Settlement: ? Worldwide
Transfer Methods ?
Phone and online transfer services
Regulated By: ?
See Notes
General Notes N/a
Country Notes Western Union is supervised by the Austrian Financial Markets Authority and the FCA in the UK
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.

The pros and cons of using Western Union

pros

One of the largest financial companies in the world 

App on iOS and Android can be used to send money to bank accounts, mobile wallets or agents for cash pickup

Over 500,000 agent locations around the world

A well-respected company operating for over 160 years

Rating of ‘excellent’ on Trustpilot from over 16,000 reviews

Huge social media presence with over 10 million likes on Facebook

Send money via the website, mobile apps or in-person agents

High limits of USD 50,000 when transferring to countries including the UK

24/7 customer service by phone

Super-fast delivery option on the day of transfer

Money transferable from over 200 countries

cons

Not all payment options available in every country

Sending to some countries can be expensive

Exchange rate margins are not transparent

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

cons

Not all payment options available in every country

Sending to some countries can be expensive

Exchange rate margins are not transparent

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

Western Union
Amount Received
£ 10,000.00
EURn/a
USDn/a
CADn/a
AUDn/a
£ 0.00 Avg. Saving vs. Banks ?
Go to site
Payoneer
Amount Received
£ 10,000.00
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 £8,168.48
USD $236.91
saved vs. banks

Venstar

Est. 1990
Established in 1990, Venstar is a worldwide leader in Foreign Exchange Payments and Services.
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FXcompared Rating
Amount Received
GBP £8,172.60
USD $241.91
saved vs. banks

Average US Bank

Est. 1900

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

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Amount Received
GBP £7,964.89
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.