With so many money transfer companies around, finding the best one can be a little challenging. But fear not! After researching the market, we’ve handpicked 3 money transfer companies and put them through the Smart Money People test!
HiFX is the UK’s leading international money transfer specialist, providing a 24/7 service for money transfers of £50 and up. They specialise in making money transfer quick, easy, secure and cheaper than banks.
How easy is it to sign-up? 4/5 (it took us just 2 minutes)
How good is the rate? 5/5 (we checked the £ to € rate on 4th March 2016)
How good are the customer reviews? 5/5 (they have thousands of great reviews)
Speed of money transfer: 4/5 (normally takes 1 business day)
Worldwide: Yes
Motto: "Don't let the banks cash in on your international money transfers."
WorldRemit are a newer company, but fast becoming one of the best ways to transfer money around the world. When we signed-up and checked the rate...they wiped the floor with traditional money transfer options like the Post Office.
How easy is it to sign-up? 5/5 (it'll take less than 1 min)
How good is the rate? 5/5 (we checked the £ to € rate on 4th March 2016)
How good are the customer reviews? 5/5 (they have thousands of great customer reviews)
Speed of money transfer: 4/5 (normally takes 1 business day)
Worldwide: Yes
Motto: "We believe in faster, simpler, lower-cost money transfers. That means building beautiful products and better services for our customers."
Launched in 2007, TransferGo has become a leading money transfer firm in Europe and the United States. Based in London, and regulated by the FCA, they offer great rates and a key selling point is that you can easily use TransferGo on mobile, desktop or tablet, meaning making a money transfer with them is really easy.
How easy is it to sign-up? 5/5 (it'll take less than 1 min)
How good is the rate? 4/5 (we checked the £ to € rate on 4th March 2016)
How good are the customer reviews? 5/5 (loads of good reviews here!)
Speed of money transfer: 4/5 (normally takes 1 business day)
Worldwide: No (Europe and United States)
Motto: "We are here to make your life easier."
Summary
All 3 companies are pretty good (they all beat traditional money transfer options like the Post Office). But after our research, we'd sign-up with HiFX today. Why?
HiFX offer really simple and transparent real-time pricing and also have global reach so you can send money anywhere. They're also a well established company that has almost 20 years experience.
* Email update: For a limited time HiFX are offering even better exchange rates! You could also earn £10 if you refer a friend after you sign-up *
Use the button below and you can sign-up for a free account with HiFX to make it quick and easy to make a money transfer when you need to.
