According to some accredited rating agencies this is a list of the best money transfer companies in the world in a descending order.
This is an online money transfer business based
in Great Britain. It has been running since 2010.
Strengths
3) Currencies Direct
Headquartered in United Kingdom
Online only
Good for cash transfers and mobile wallet transfers
Money can be sent to more than one hundred countries
Money can be sent to more than one hundred countries
Drawback
But there is a maximum cap on the amount that can be transferred
But there is a maximum cap on the amount that can be transferred
2) OFX
This online money transfer business is set up in
Australia. It is an online only business.
Strengths
No maximum cap on the amount that can be transferred
Drawbacks
But only bank to bank transfer allowed
But minimum 1,000 US dollar per transfer
Takes a bit extended time to transfer money
But only bank to bank transfer allowed
But minimum 1,000 US dollar per transfer
Takes a bit extended time to transfer money
Headquartered in United Kingdom
Strengths
4) Paysend
Headquartered in London, United Kingdom. It is an online only company.
Both online and physical
Trade in more than 60 currencies
Trade in more than 60 currencies
Drawback
Unavailable to some globally used currencies
Headquartered in London, United Kingdom. It is an online only company.
Strength
5) TorFX
Headquartered in Cornwall, England
Strength
A very simple interface
Drawback
Can only send money to a bank account
Headquartered in Cornwall, England
Strength
Ease of set up and transacting
Drawback
Limit on the amount you can transfer online
Yosief K. Afewerki
Financial Consultant
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