Online money transfer

Online money transfer accounts allow you to manage your money 24/7 book trades and make international payments quickly and efficiently.You have the ability to make international money transfers and track payments online at any time day or night. An online money transfer platform gives you access to live exchange rates which will enable you to be constantly up to date on how the market is moving. At Compare Currency we have compiled a list of the UK’s leading online money transfer specialists with comprehensive yet easy to use online money transfer platforms. You can view a free demo of each online money transfer platform before you register to ensure that you find the right online account for you.

How it works
Simply select and register with an online money transfer company, you will then be sent a user name and password which will give you access to your new account. Within your new account you will be able to view live exchange rates, book a trade and make international payments into your beneficiary account. The systems included in our comparison table have been carefully selected with usability in mind. However if you are unsure about any part of your transaction or simply wish to discuss certain aspects of your trade before you book a currency conversion each online money transfer company has a specialist customer services team on hand over the telephone.

Benefits of using an online money transfer platform:

  • Get access to live exchange rates
  • Competitive exchange rates
  • Complete control over when your trade takes place
  • Free/Low transfer fees
  • No Commission charges
  • Saves you money and time

Online services also offer extremely competitive exchange rates which could save you hundreds if not thousands of pounds each year if you have regular requirements. If you are a business which needs to pay suppliers abroad, a private customer with an overseas mortgage or are simply looking to repatriate income an online money transfer provide can help to save you time and money. At Compare Currency we have compiled information on the leading online money transfer providers to help you find the best solution for your money transfer requirements.

Editor’s Pick this Week

ProviderMinimumFeesTrading Method
Why we rate it?
rational_icon£100FreeOnline/Telephone/EmailWith no fees and very competitive exchange rates you can send money abroad quickly. The Xendpay online account is extremely simple to use and you can choose to make payment via debit card or bank transfer.overseas_currency_icon
More Info
Online Money Transfer Comparison Table
ProviderFeaturesMin-Max AmountsPayment FeeContracts Available
rational_icon
  • Live FX rates
  • Transfers arrive in minutes
  • No fees
£100-£100,000Free
  • Spot
  • Forward
overseas_currency_icon
More Info
moneycorp_icon
  • Live FX rates
  • Exteneded payments cut off
  • Payment tracking
£100-£20,000Free
  • Spot
buy-now
More Info
currencies_direct_icon
  • Live FX rates
  • Large transfers
  • No fees
£0-UnlimitedFree
  • Spot
  • Forward
  • Time Options
  • Limit
free-quote
More Info
world_first_icon
  • Live rates
  • 24/7 access
  • Free economic info
£0-£50,000Free or £10 < £5k
  • Spot
buy-now
More Info
postoffice_icon
  • Live Rates
  • Regular Payments
  • Large Transfers
£250-£20,000Free
  • Spot
  • Forward
buy-now
More Info
fairfx_icon
  • Pay by card or bank transfer
  • No fees
£500-£25,000Free
  • Spot
buy-now
More Info
western union_icon
  • Small money transfer
  • Reach remote regions
  • Sending money home
£0-£800Variable scale £12-£47
  • Spot
buy-now
More Info
moneybookers_icon
  • Fast Payments
  • Online/Small businesses
  • Ebay Sellers
£0-£1,000Withdraw/Transfer/Visa €1.80
  • Spot
money_transfer
More Info
xoom_icon
  • Small transfers
  • Regular Payments
  • Money to relatives
$0-$2,999$4.99 (USD based system)
  • Spot
buy-now
More Info