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Overall Rating By ERIQ
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About
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There are multiple money remittance companies in the UK which offer their services across the globe at low fees and best exchange rates. But the UK government is also providing its services in the sector with Post Office which offers its online as well as offline transfers. So, the experts of Exchan >>More |
TransferWise review provided at Exchange Rate IQ is the part of our editorial independence which depends upon multiple analysis reports, comparison with other companies, safety and customer reliability. This review provides you the answer to "Is TransferWise cheap?" "What are the fees and excha >>More |
Can you trust Western Union to send money abroad? How much the company charge for transferring funds? Are its services reliable? There are many such questions which users look for and therefore, the experts of Exchange Rate IQ provides the unbiased review of “world’s largest money transfer provi >>More |
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2 |
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4 |
Send Money
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Visit PostOffice |
Visit TransferWise |
Visit Western Union |
Fees
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- |
1.08 USD to 487.80 USD |
0.00 USD to 251.05 USD |
PayIn Methods
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- |
Bank
Credit Card
Debit Card
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Bank
Cash
Credit Card
Debit Card
Mobile Money
Home Delivery
Cash Card
Mobile Wallet
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PayOut Methods
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- |
Bank
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Bank
Cash
Credit Card
Debit Card
Mobile Money
Home Delivery
Cash Card
Mobile Wallet
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Transfer Time
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3-5 Days to 3-5 Days |
Same Day to 5+ Days |
Android App
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Yes |
Yes |
Yes |
iOS App
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Yes |
Yes |
Yes |
Email
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[email protected] |
[email protected] |
[email protected] |
Phone
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0345 8500 900 |
1-888-908-3833 (USA) |
1800 102 7111 |
Minimum Amount
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No limit |
US $1 |
US $1 |
Maximum Amount
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£20,000 |
US $1,99,999 |
US $5,000 |
Exchange Rate
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5% or higher margin at exchange rate |
Real mid-market rates |
5% margin at the mid-market rate |
Countries Supported
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Services available only for the residents of the UK |
Over 71 countries |
200+ |
Currenices Supported
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200+ |
In 49+ currencies |
125+ |
Security
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Financial Conduct Authority |
Regulated by FCA, ASIC, FINTRAC, CCE, RBI, DIA, MAS, EEA |
Transport Layer Security |
Overall Security By ERIQ
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Language
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English |
Hungarian, Spanish, German, Italian, French, Portuguese, English |
Website is available in 50+ languages |
Direct Registration
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Fill the form offline and hand it at the counter. You will receive information about your registration on your official number. |
Direct Google and Facebook registration available |
Website registration available |
Bussiness Transfer
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Not available |
Available |
Available |
Customer Care
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Monday to Saturday from 8:30am to 5:30pm |
Available in business hours only |
Customer services available 24*7 in English languages |
Exchange Rate
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- |
- |
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Pros
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- Multiple transfer options and travel card also available
- Covers over 200 countries to transfer money from UK.
- Highly secured by the government
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- Very inexpensive
- Offer great rates with transparent fees and exchange rates.
- Guaranteed exchange rates with no hidden fees
- Transfer fast through cards
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- Oldest and the most trusted remittance provider
- Huge network of more than 5 lakh agents
- Multiple transfer options including cash pickup, checks, bank transfer, demand drafts, etc.
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Cons
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- Low exchange rates compared than many of its competitors
- Low transfer limit
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- Limited currencies and countries
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- Very low exchange rates as it has high margin of profit in it
- High transfer fees
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Send Money Now
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Visit PostOffice |
Visit TransferWise |
Visit Western Union |
Compare More
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