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Compare Corporate and Business Money Transfers Quotes
If you want to send foreign currency from one country to another you need an international money transfer provider.
Money transfer companies offer exchange rates that are much better than banks and because they specialise in foreign exchange the process is much more user friendly. Most established currency brokers do not charge a commission or any fee for paying the money to an international beneficiary.
Get quotes from multiple providers at once.
Top Tip: Get your account open first, negotiate rates second. Why? All money transfer brokers have to conduct identity checks so opening an account can take some time. Make sure you don't miss a great exchange rate and get your account in place well ahead of a transaction.
| Currency Broker | Who are they? | What do they offer? | CEO Interview | More Info |
|---|---|---|---|---|
 | Currency broker OFX have transferred over £78b in currency conversions for 1 million customers around the global. They have a network of 115 global banking patterns, offer over 55 currency pairs, are regulated by over 55 global regulators and offer 24/7 customer service. | OFX offer personal and business currency brokerage with zero commission. They offer same-day payments and forwards online or over the phone with 80% of all major currency transfers processed in 24 hours. |  Read Sarah Webb Interview | Get A Quote Compare Quotes |
 | Currencies Direct have helped more than 325,000 customers move money internationally since they were founded in 1996. With them customers can transfer 40+ currencies to 120+ countries. They have more than 20 global offices and employ over 500 currency experts. | 24/7 transfers online, over the phone and by app No transfer fees Personal currency expert Spot and forward contracts, limit orders and rate alerts Specialist business transfer services and risk management solutions | Get A Quote Compare Quotes | |
| TorFX have been connecting their customers with great exchange rates and no transfer fees since 2004. They’ve won the Moneyfacts Consumer Award for International Money Transfer Provider of the Year five times (2016 – 2020) and have also won the Best Customer Service award four times (2016, 2017, 2019 and 2020). They have a five-star ‘Excellent’ TrustScore on Trustpilot. | Dedicated account management The ability to transfer over the phone, online or by app Great exchange rates and hidden fees Tailored transfer services Free market updates |  | Get A Quote Compare Quotes | |
 Linear Int Payments | Linear International Payments is a currency broker that cater primarily to large currency transfers and conversions. Personal service and expert advice. | Online : Phone: Forwards: Same_Day: Options: Currencies:40+ Min_Transfer:£1,000 |  Read Mark Phipps Interview | Compare Quotes Linear Reviews |
 | Ram FX specialise in personal service for corporates, funds, family offices and high net-worth currency brokerage for individuals. | Online : Phone: Forwards: Same_Day: Options: Currencies:10+ Min_Trade:£1,000 |  Read Mark Henry Interview | Compare Quotes Ram FX Reviews |
 | Assure Hedge specialise in online OTC FX Options for hedging | Online : Phone: Forwards: Same_Day: Options: |  Read Barry Mccarthy Interview | Compare Quotes Reviews |
How to compare business currency exchange & transfer rates?
The foreign exchange industry is very opaque in terms of pricing with some currency brokers still not offering fixed and transparent exchange rates.
So our comparison tables allow you to compare currency rates by showing how far from the mid market a currency broker set their client exchange rates.
Questions to ask when you compare currency exchange and transfers?
- How from from the mid market are your exchange rates
- Does that include all fees
- Do you offer currency forwards
- How long does a currency transfer take
What to avoid when you compare currency transfers & brokers.
Always ensure that a currency broker is registered with the FCA. You can check the FCA register here for authorised firms.
If a broker does not tell you how far their exchange rates are from the mid-market avoid as they may widen the price.
Always ensure that your currency exchange broker confirms that rates are fixed. You may find that when you compare currency rates you get a preferential rate for your first trade.
Tools to help you compare business exchange rates
The best way to compare a currency rate you have been given by a broker is to ask another one. If you fell that you are not getting the best currency exchange rate simply ask another broker what the rate you have been given is.
Where to find the benchmark rate to compare currency rates
You can find the live mid market exchange rates on site such as Google Finance or Yahoo Finance. To look up an exchange rate simple type the exchange rate you want to compare and search for it online.
