Compare International
Money Transfers Save Hundreds on Every Transfer

MyCurrencyTransfer helps you compare the true cost of sending money internationally. We aggregate real-time exchange rates and fees from multiple FCA-regulated providers, presenting them side-by-side so you can see exactly how much your recipient will receive.

Our comparison focuses on what matters most: the amount delivered to your recipient. Rather than just showing exchange rates in isolation, we calculate the total cost including transfer fees, card fees, and exchange rate margins. This gives you a complete picture of each provider's value.

We update rates throughout the day to reflect current market conditions. When you click through to a provider, you'll see the same rate we displayed - we don't show one rate and deliver another.

Three main factors determine how much you'll pay to send money abroad: the exchange rate margin, transfer fees, and your payment method. Understanding each helps you find the best deal.

Exchange rate margin is the difference between the mid-market rate (what banks pay each other) and the rate you're offered. This hidden markup is often the biggest cost. A provider offering "no fees" might add 2-3% to the exchange rate, costing you more than a provider with a small fee but tight margins.

Transfer fees vary by provider and transfer amount. Some charge flat fees that favour larger transfers. Others charge percentage fees that benefit smaller amounts.

Payment method also matters. Bank transfers are typically cheapest, while card payments often attract additional processing fees of 1-2%.

Transfer times depend on the currencies involved, destination banking system, and provider used. Most specialist providers complete transfers within one to three business days for major currency pairs.

Some providers offer same-day or next-day delivery to popular destinations, though this may come at a premium. Traditional bank wire transfers typically take three to five business days and can be delayed by intermediary banks.

Factors that can slow transfers include weekend and bank holidays in either country, additional compliance checks for large amounts, and transfers to countries with less developed banking infrastructure.

High street banks offer international transfers, but they're rarely the most cost-effective option. Banks typically add substantial margins to exchange rates - often 2-4% above the mid-market rate - and charge transfer fees of £10-40 per transaction.

Specialist money transfer providers focus exclusively on currency exchange. Their business model depends on competitive rates, so they typically offer margins of 0.3-1% and lower or no transfer fees. The difference can save you hundreds of pounds on larger transfers.

Both banks and specialist providers can be fully regulated, so safety isn't a distinguishing factor - it's about comparing total costs.