Compare the best ways
to transfer money overseas

Compare the best ways
to transfer money overseas

Frequently Asked Questions

How to transfer money with Wirecompare?

Completing transfers with Wirecompare is easy. Before each transfer, you choose your home currency, destination and how much you want to transfer. Then we compare the deals money transfer providers have on offer so you can complete the transfer on their website.

How much can I save?

Companies we partner with are using mid-market exchange rates for international money transfers. Typically they charge a tiny transfer fee or have no fees at all, unlike the banks which impose large transfer fees and use unfair exchange rates. Depending on the currency route and the amount you send, you can save up to 10 times more with online money transfer providers than vs your bank.

Is it safe to use Wirecompare?

Absolutely. We work only with trusted FCA money transfer providers.

Why couldn't I find any currency transfer deals for the destinations I need. What do I do?

Wirecompare lets you compare currency transfer deals in 38 025 currency routes. We are working hard to add trusted providers with new currency destinations.

Glossary

Credit Card

A credit card is a card issued by a financial company giving the holder an option to borrow funds. Credit cards charge interest and are primarily used for short-term financing. Interest usually begins after agreed term after a purchase is made, and borrowing limits are pre-set by the bank.

Debit Card

A debit card is a payment card that deducts money directly from a checking or current account. Debit cards eliminate the need to carry cash. Unlike credit cards, they do not allow the user to go into debt, except perhaps for small negative balances that might be incurred if the account holder has signed up for overdraft coverage.

Fees

Fee is a payment made to a company in exchange for money transfer services. We do not charge any fee to our visitors, and we work hard to make sure our partners have only transparent upfront fees and do not charge any hidden fees.

Financial Regulatory Bodies

Financial regulatory bodies regulate financial firms providing services to consumers and maintains the integrity of the financial markets. To name a few, Securities & Exchange Commission (SEC), Financial Conduct Authority (FCA), Federal Financial Supervisory Authority (BaFin) and others. Safety is our top priority, that’s why we work only with companies monitored and controlled by appropriate regulating bodies.

Pay In

The method of sending the money, normally from sender’s bank account, by debit / credit cards or cash at an agent location.

Pay Out

The method of receiving the money. Recipient’s bank account, cash for pickup at an agent location.

Peer-to-peer Money Transfer

A bank transfer is when money is sent from one bank account to another. Transferring money from your bank account is usually fast, free and safer than withdrawing and paying in cash. Most of our partners use peer-to-peer exchange to cut out the banks and brokers with their markups. They work by matching buyers and sellers of currencies online.