Send money to over 170 countries with RationalFX

Send money worldwide and enjoy bank-beating exchange rates when you transfer funds overseas with RationalFX.

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Founded in 2005, RationalFX is based at Canary Wharf in London’s financial district and employs a team of 70 people. To date, it has helped more than 80,000 clients transfer more than US$8 billion around the world.

How much does it cost to transfer money with RationalFX?

It’s free to get a quote for your next transaction via the RationalFX website, which will outline exchange rates and fees for your transaction.

  • Exchange rates. RationalFX offers competitive exchange rates that are regularly updated in line with changes to mid-market rates.
  • Fees. If you transfer more than GBP£4,000 (approximately $7,200), no fee applies to your transfer. However, transfers below this amount incur a GBP£4 (or around $7) fee. There is a £100 (or $180) minimum transfer limit amount required for all transactions.

RationalFX guarantees that the rate quoted when you book your transfer is the rate you’ll get when your transaction is sent.

Which currencies can you send with RationalFX?

RationalFX allows you to send funds to more than 170 countries around the world. A full list of transfer destinations is available from the provider, but some of the currencies RationalFX allows you to transfer include the following:

  • AED
  • AUD
  • CAD
  • CHF
  • CZK
  • DKK
  • EUR
  • GBP
  • HKD
  • HRK
  • HUF
  • ILS
  • JPY
  • KWD
  • NOK
  • NZD
  • PLN
  • SEK
  • SGD
  • THB
  • USD
  • ZAR

What types of transfers can you carry out with RationalFX?

RationalFX provides the following range of transfer options to help you save time and money when sending funds overseas:

  • Spot transactions. Send an international money transfer straight away at the best exchange rate available at the time.
  • Regular payments. Save time and money by setting up a recurring payment schedule free of charge.
  • Forward contracts. Fix an exchange rate up to two years ahead of a transfer date.
  • Limit orders. Choose your preferred exchange rate, and RationalFX will monitor the market 24 hours a day and automatically place the order when that rate becomes available.

If you ever need help with a transaction, RationalFX offers phone and email customer support as well as a handy online FAQ section.

The registration and transfer process

It’s easy to send an international money transfer with RationalFX. All you have to do is follow a few simple steps:

  1. Open an account. It’s quick and free to open an account by completing an online application form. You’ll need to provide your name, contact details, proof of ID and proof of address to get started.
  2. Book your currency. You can get a quote and book your currency online through your RationalFX account, or complete this step over the phone with your personal account manager.
  3. Pay for your transfer. The next step is to pay for your transaction by debit or credit card or by transferring money from your bank account.
  4. Send your money. RationalFX will securely transfer the money via SWIFT to your recipient’s bank account.

Most transfers are completed within 1-2 business days.

Pros and cons of using RationalFX


  • Competitive exchange rates. Get a free exchange rate quote to see how RationalFX’s rates compare with those offered by other money transfer providers.
  • Fee-free transfers. You will not have to pay any transfer fees or commissions if you send more than GBP£4,000 (or an equivalent amount in other currencies) overseas with RationalFX.
  • Send money around the world. RationalFX allows you to send money to more than 170 countries around the world.


  • No in-person Canadian customer support. RationalFX has offices in England, France and Spain, but none in Canada.
  • Not regulated in Canada. Regulated by the Financial Conduct Authority (FCA) in the UK but not regulated with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).

How does RationalFX compare to other providers?

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
$100 1 - 2 days CAD 0.00 0.791 USD
Send money without fees and at competitive exchange rates to 130+ countries. Go to site Show details
CAD 50 1 - 2 days CAD 15.00 0.795 USD
Exclusive: Use code FINDER10 to receive US$10 off your first transaction.
InstaReM offers simple transfers with a flat 0.5% transfer fee for most transfers.
Go to site Show details
CAD 1 Same day CAD 0.00 0.791 USD
XE has fast transfers with low fees and a range of foreign currency tools. Go to site Show details
CAD 10 Within an hour CAD 1.99 0.786 USD
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Go to site Show details
CAD 0 Within an hour CAD 3.99 0.792 USD
Use code Take10CAD to get $10 off when you spend $20. Valid till 31 January 2022. T&Cs apply.
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Go to site Show details
CAD 1 1 - 2 days CAD 18.00 0.795 USD
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
CAD 10 Within an hour CAD 0.00 0.795 USD
Send money in CAD to Africa on this blockchain and P2P powered provider. Go to site Show details

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Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

What other products and services does RationalFX offer?

  • Premier Service. This is RationalFX’s high-end currency transfer service for clients with high net worth. Customers who choose this option enjoy access to a Premier Account Manager who can provide a concierge-style service and expert advice to manage all your transfer needs.
  • Business transfers. From importing and exporting to paying overseas contractors and salaries, RationalFX offers a wide range of flexible transfer solutions for business customers.
  • IT solutions. RationalFX also offers some bespoke options to allow businesses to incorporate RationalFX’s services into their own website. These include integrating RationalFX’s payment platform into your website and integrating your own payment platform with the provider’s payment processing system.

Frequently asked questions about RationalFX

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