Alternatives to CurrencyFair

Want the best value for money? Explore some alternatives to CurrencyFair to see if there's a better deal for you.

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CurrencyFair is known for low fees and competitive rates, but it isn’t available everywhere and has a limited range of currencies. If CurrencyFair doesn’t work for you or if you just want to see what else is out there, it’s worth comparing alternatives.


WorldRemit logo Image: Supplied

WorldRemit

WorldRemit operates in a wide range of countries and currencies, and offers flexible options for receiving money, including sending money directly to a recipient’s phone as mobile airtime.

Why pick WorldRemit instead?

  • Varied delivery options including mobile money, cash pick-up, airtime top-up and cash delivery
  • A wide range of currencies, including all the most popular and plenty of exotic ones
  • Instant transfers available

Downsides

  • Fees and rates can vary widely depending on the situation
  • A maximum transfer amount of $50,000 may rule out large transfers


InstaReM Logo Image: Supplied

InstaReM

InstaReM is one of a handful of providers that offers transfers at mid-market rates, which can make it especially cost-effective in some situations.

Why pick InstaReM instead?

  • Offers the mid-market exchange rate
  • Fees range from 0.1% to 1% of the total transfer
  • Loyalty rewards

Downsides

  • Not available in New Zealand
  • $200 minimum transfer
  • Limited range of currencies available
  • Bank transfers only
  • Percentage-based fee can take a bite out of larger transfers

OFX logo Image: Supplied

OFX

OFX has a wide range of countries and currencies available, along with advanced features that let you lock in exchange rates or wait for exchange rates to swing in your favour.

Why pick OFX instead?

  • Wide range of countries and currencies
  • No fees for transfers above $10,000
  • Limit orders and forward contracts
  • No maximum transfer amount

Downsides

  • $15 fee for transfers under $10,000
  • $250 minimum transfer size
  • Bank transfer only
  • Exchange rates may not always be the most competitive


WorldFirst logo Image: Supplied

WorldFirst

WorldFirst has a wider range of currencies than CurrencyFair and can be especially convenient for quickly sending money to Europe, the UK and US.

Why pick WorldFirst instead?

  • More currencies
  • No transfer fees
  • Limit orders and forward contracts
  • Same-day transfers available for GBP, EUR and USD
  • Offers a price promise deal to match competitor rates if you find a better quote

Downsides

  • $2,000 minimum transfer
  • Rates may not be the best without the price promise
  • Takes payment with bank transfer only


Remitly logo Image: Supplied

Remitly

Remitly serves a wide range of countries, with an emphasis on south-east Asia. It offers quick transfers and cash pick-ups in areas where few other providers do.

Why pick Remitly instead?

  • Can pay through card or bank transfer
  • Pick-up options include bank transfers, cash pick-ups and mobile wallet deposits
  • May waive fees for slower transfers
  • Express transfers available at extra cost
  • Specialises in sending to the Philippines

Downsides

  • Not available in New Zealand
  • Flat fees can vary widely
  • Express transfers typically cost more
  • Low maximum transfers without requesting raised limits


MoneyGram logo Image: Supplied

MoneyGram

MoneyGram is known for covering an exceptionally wide range of countries and currencies, along with an extensive network of agent locations. MoneyGram lets you pay with cash, but the rates aren’t very competitive.

Why pick MoneyGram instead?

  • Wide variety of payment and pick-up options available
  • Can send to most countries
  • Same-day transfers available
  • Low $1 minimum transfer amount

Downsides

  • Rates and fees can vary widely
  • Maximum transfers of $10,000


Still looking for other options?

The best money transfer service depends on the situation. Some are better for larger transfers, while others focus on smaller transfers or certain currencies.

To help find the one that’s right for you, try entering the details of your transfer into the table below.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
NZD 250 1 day NZD 0.00 0.638 USD
6,375
SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
NZD 0 1 day NZD 0.00 0.638 USD
6,375
Send money in more than 60 currencies. Fee-free international money transfers with a global brand. Go to site Show details
NZD 2,000 2 days NZD 0.00 0.638 USD
6,375
Exclusive offer: $0 transfer fee and discounted exchange rates for your first trade only.
A higher exchange rate applies to non-finder customers. Send money in more than 130 currencies.
Go to site Show details
NZD 2,000 1 day NZD 0.00 0.638 USD
6,375
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply. Go to site Show details
NZD 1 Within an hour NZD 3.99 0.637 USD
6,363
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
AUD 250 1 - 2 days NZD 15.00 0.638 USD
6,366
A higher exchange rate applies to non-finder customers. Send money in 45 currencies. No fee if you transfer over AUD$10,000. Go to site Show details
NZD 1 1 - 2 days NZD 80.00 0.64 USD
6,350
Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details
NZD 5 1 - 2 days EUR 3.00 0.635 USD
6,351
Go to site Show details
NZD 10,000 1 - 2 days NZD 0.00 0.635 USD
6,350
Go to site Show details

Compare up to 4 providers


The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

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