Stop worrying about exchange rates with same currency transfers

Your complete guide to same currency transfers.

Last updated:

Whether you’re transferring funds to someone in Hong Kong or sending money overseas, conducting a same currency transfer is easier than ever before. There are plenty of reasons why someone may wish to conduct a same currency transfer. For example, you may be travelling overseas and may wish to send some of your Hong Kong dollars to a relative back home, or you may be on a European holiday and want to transfer funds from one euro zone country to another.

Whatever the case may be, it’s simple and straightforward to lodge a same currency transfer.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 10,000 1 day HKD 0.00 0.128 USD
A higher exchange rate applies to non-finder customers.
Send money in more than 130 currencies.
Go to site Show details
USD 2,000 1 day HKD 0.00 0.128 USD
Go to site Show details
GBP 5,000 1 - 2 days HKD 0.00 0.127 USD
Go to site Show details

Compare up to 4 providers

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

How does a same currency transfer work?

You can use a same currency transfer for a number of different purposes. You may need to submit payment for goods you have purchased or send an emergency transfer to a relative in another country.

The main benefit of sending funds in the same currency is that you won’t have to worry about foreign exchange rates or currency conversion fees. Although transfer fees will still apply, this overall reduction in fees can help you save a lot of money.

There are plenty of options to choose from when planning a same currency transfer, including online money transfer companies, banks and even PayPal.

Back to top

How do I compare same currency transfers?

  • Fees. Perhaps the most important feature you should consider when choosing a same currency transfer provider is the fee you will be charged. Some providers charge a flat fee, while others charge a fee as a percentage of your transaction amount. A few providers will waive their fee altogether when you send more than a certain amount.
  • Transfer methods. Compare the available methods for lodging a transfer. Is it all handled online or do you need to visit a branch to send your funds?
  • Transfer time. How long will it take for the funds to arrive to your recipient? This is especially important if you are sending an emergency transfer.
  • Pickup options. Some companies will only offer transfers direct to someone else’s bank account or provider account; others make it possible for the cash you send to be picked up in person from an agent location.
  • Customer service. Weigh the pros and cons of the customer service options offered by different providers. It’s important that a company be able to offer assistance whenever you need it, so look for features such as online help centres, live chat and 24-hour call centres.
Back to top

What are the pros and cons of same currency transfers?


  • No need to worry about exchange rates. Because there is no need to convert the currency you send, you don’t need to worry about finding a good deal on foreign exchange rates.
  • Plenty of options. Thanks to the Internet and a range of other modern technologies, you have plenty of options to choose from when deciding how to send a same currency transfer.
  • Convenient. There is no hassle when sending a same currency transfer. If you wish, you can conduct the entire transaction quickly and easily online.


  • Fees. You might have to pay a fee when you send a same currency transfer, although this depends on the service you go with.
Back to top

What are the risks of this type of transfer?

  • Not being aware of the fees. As with any financial transaction, it’s important to make yourself aware of any fees that may apply before you lodge a same currency transfer. This will ensure that you don’t end up with a nasty surprise that leaves you out of pocket.
  • Dodgy providers. There’s always a risk, albeit minimal, when you use online money transfer providers. Make sure you use a trusted and reputable company to avoid being a victim of fraud.
Back to top

Your most common questions about same currency transfers answered!

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy Policy and Terms.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site