Alternatives to CurrencyFair

Want the best value for money? Explore some alternatives to CurrencyFair to see if there's a better deal for you.

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CurrencyFair is known for low fees and competitive rates, but it isn't available everywhere and has a limited range of currencies. If CurrencyFair doesn't work for you or if you just want to see what else is out there, it's worth comparing alternatives.


WorldRemit logo Image: Supplied

WorldRemit

WorldRemit operates in a wide range of countries and currencies, and offers flexible options for receiving money, including sending money directly to a recipient's phone as mobile airtime.

Why pick WorldRemit instead?

  • Varied delivery options including mobile money, cash pick-up, airtime top-up and cash delivery
  • A wide range of currencies, including all the most popular and plenty of exotic ones
  • Instant transfers available

Downsides

  • Fees and rates can vary widely depending on the situation
  • A maximum transfer amount of $50,000 may rule out large transfers


InstaReM Logo Image: Supplied

InstaReM

InstaReM is one of a handful of providers that offers transfers at mid-market rates, but be aware that the zero-margin exchange rate only applies to some currencies during certain hours. When applicable, these rates can make it especially cost-effective in some situations.

Why pick InstaReM instead?

  • Offers the mid-market exchange rate some currencies and during certain hours. The company doesn't make it clear which currencies and hours this applies to.
  • Fees range from 0.1% to 1% of the total transfer
  • Loyalty rewards

Downsides

  • $200 minimum transfer
  • Limited range of currencies available
  • Bank transfers only
  • Percentage-based fee can take a bite out of larger transfers


OFX logo Image: Supplied

OFX

OFX has a wide range of countries and currencies available, along with advanced features that let you lock in exchange rates or wait for exchange rates to swing in your favour.

Why pick OFX instead?

  • Wide range of countries and currencies
  • No fees for transfers above $10,000
  • Limit orders and forward contracts
  • No maximum transfer amount

Downsides

  • $15 fee for transfers under $10,000
  • $250 minimum transfer size
  • Bank transfer only
  • Exchange rates may not always be the most competitive


WorldFirst logo Image: Supplied

WorldFirst

WorldFirst has a wider range of currencies than CurrencyFair and can be especially convenient for quickly sending money to Europe, the UK and US.

Why pick WorldFirst instead?

  • More currencies
  • No transfer fees
  • Limit orders and forward contracts
  • Same-day transfers available for GBP, EUR and USD
  • Offers a price promise deal to match competitor rates if you find a better quote

Downsides

  • $2,000 minimum transfer
  • Rates may not be the best without the price promise
  • Takes payment with bank transfer only


Remitly logo Image: Supplied

Remitly

Remitly serves a wide range of countries, with an emphasis on southeast Asia. It offers quick transfers and cash pick-ups in areas where few other providers do.

Why pick Remitly instead?

  • Can pay through card or bank transfer
  • Pick-up options include bank transfers, cash pick-ups and mobile wallet deposits
  • May waive fees for slower transfers
  • Express transfers available at extra cost
  • Specialises in sending to the Philippines

Downsides

  • Flat fees can vary widely
  • Express transfers typically cost more
  • Low maximum transfers without requesting raised limits


MoneyGram logo Image: Supplied

MoneyGram

MoneyGram is known for covering an exceptionally wide range of countries and currencies, along with an extensive network of agent locations. MoneyGram lets you pay with cash, but the rates aren't very competitive.

Why pick MoneyGram instead?

  • Wide variety of payment and pick-up options available
  • Can send to most countries
  • Same-day transfers available
  • Low $1 minimum transfer amount

Downsides

  • Rates and fees can vary widely
  • Maximum transfers of $7,000


Still looking for other options?

The best money transfer service depends on the situation. Some are better for larger transfers, while others focus on smaller transfers or certain currencies.

To help find the one that's right for you, try entering the details of your transfer into the table below.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 2,000 1 day AUD 0.00 0.68 USD
6,801
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.68 USD
6,801
SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.68 USD
6,801
Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.
Go to site Show details
GBP 3,000 1 day AUD 0.00 0.68 USD
6,801
Global Reach will match any competitor's exchange rates. Conditions apply.
Get no fees as a Finder customer when you transfer your money overseas with Global Reach.
Go to site Show details
AUD 250 1 - 2 days AUD 0.00 0.68 USD
6,801
$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.
Go to site Show details
AUD 1 1 day AUD 0.00 0.679 USD
6,794
Get fast transfers with no fees and a range of foreign currency tools. Go to site Show details
AUD 5 1 - 2 days EUR 3.00 0.676 USD
6,759
Special offer: Zero fees on your first 10 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details
AUD 1 Within an hour AUD 3.99 0.675 USD
6,744
Use promo code 3FREE to send your first 3 transfers with no fee.
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.
Go to site Show details
AUD 1 1 - 2 days AUD 45.00 0.683 USD
6,798
Make online transfers at the mid-market rate with transparent fees in 45+ currencies. Go to site Show details
AUD 200 1 day AUD 0.00 0.677 USD
6,774
Low minimum transfer amount of just AU$200, with no set-up fees or transfer fees. Go to site Show details

Compare up to 4 providers


The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.

Related Posts

International Money Transfer Offers

Important Information*
Logo for TorFX International Money Transfers
TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.

Logo for SendFX International Money Transfers
SendFX International Money Transfers

SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.

Logo for WorldFirst International Money Transfers
WorldFirst International Money Transfers

Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.

Logo for Global Reach (formerly FC Exchange) International Money Transfers
Global Reach (formerly FC Exchange) International Money Transfers

Global Reach will match any competitor's exchange rates. Conditions apply.
Get no fees as a Finder customer when you transfer your money overseas with Global Reach.

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