Review: Clear Capital Exchange international money transfers

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Clear Capital provides a straightforward and cost-effective service with your own dedicated account manager.

  • Good if you prefer a more personal service.
  • Not so good if you only want to transfer a small amount.

GBP 1,000

Min. Transfer Amount

No limit

Max. Transfer Amount

Same day

Transfer Speed

Details

Product NameClear Capital International Money Transfers
Min. Transfer AmountGBP 1,000
Max. Transfer AmountNo limit
Transfer MethodsOnline, Phone, Bank Account to Bank Account, International Money Order
Transfer OptionsRegular payments, One off payments, Market orders, Forward contracts
Transfer Speed
Minimum transfer time
Same day
Customer ServicePhone, Chat, Email, Branch
Available CurrenciesAED, ALL, AMD, ANG, AOA, ARS, AUD, BBD, BDT, BGN, BHD, BMD, BOB, BSD, BWP, BZD, CAD, CDF, CHF, CLP, CNY, CRC, CVE, CZK, DJF, DKK, DOP, DZD, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, GYD, HKD, HNL, HRK, HUF, IDR, ILS, INR, ISK, JMD, JOD, JPY, KES, KRW, KWD, KYD, KZT, LKR, LRD, LSL, MAD, MGA, MRO, MUR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PEN, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SCR, SEK, SGD, SLL, SRD, STD, SZL, THB, TND, TTD, TWD, TZS, UAH, UGX, USD, UYU, VUV, XAF, XCD, XOF, ZAR, ZMW
Online Transfer FeeGBP 0

Clear Capital exchange rates and fees

Clear Capital says it charges no fees for any transfers over £2,000. For transfers under £2,000 it charges a £10 fee to cover costs.

As with other online transfer services, it also adds a margin to real-time mid-market exchange rates.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 1,000 Same day GBP 0.00 1.104 EUR
5,519
Clear Capital specialises in sending 150+ currencies abroad for individuals and businesses, with a dedicated account manager to help you. 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.

Available currencies

Clear Capital Exchange gives you access to more than 150 different currencies worldwide. You can see the full list above, but some of the popular currencies include:

  • AUD Australian dollar
  • EUR Euro
  • INR Indian rupee
  • NGN Nigerian naira
  • NZD New Zealand dollar
  • SGD Singapore dollar
  • USD US dollar
  • ZAR South African rand

What types of transfers can you make with Clear Capital Exchange?

Clear Capital offers various transfer options to help you get the most out of your transaction:

  • Spot payments. A one-off payment that you can book at today’s rate, with the option of paying within two days.
  • Limit orders. Set a target exchange rate, and if it’s reached overnight in another market (like New York or Hong Kong), the money transfer is carried out.
  • Forward contracts. Lock in an exchange rate for up to five years in the future and protect your business from volatile currency movements.

Either you can contact your account manager to arrange the transfer, or you can do it yourself through Clear Capital’s user-friendly online payments platform.

How long does a transfer with Clear Capital Exchange take?

Same-day transfers are available to countries including many in the Eurozone, the USA, South Africa and China. Transfers to other destinations take between one and two working days.

What payment methods does Clear Capital Exchange accept?

You send the money via wire transfer from your bank account to the recipient’s.

Transfers typically takeClock icon for transfer speed

Same day

Is Clear Capital Exchange safe to use?

  • Regulation: Clear Capital Exchange’s payment and foreign exchange services are provided by Ebury Partners UK Ltd who are authorised and regulated by the Financial Conduct Authority (FCA).
  • Security: All client accounts are fully ring fenced and segregated.
  • Established: January 2018.
  • Customers: Ebury Partners claims to be trading over £12bn in foreign exchange and to have more than 24,000 businesses and private clients.
  • Reviews: Rated 4.7 out of 5 from around 23 reviews on Trustpilot*.
* According to Clear Capital Exchange and Trustpilot on 5 May 2020

How does Clear Capital Exchange make money?

Clear Capital makes its money through the interbank exchange rate margin, meaning that it adds on a small margin to the interbank rate to cover its own costs.

You may have noticed that the exchange rate you see on Google or XE is different to the one being quoted to you, and this margin is the reason why.

It also charges a £10 fee for any transfers under £2,000.

How to register an account

How do you make a money transfer?

You can either transfer money through your dedicated account manager (who you’re assigned once you’ve registered your account) or online through Clear Capital’s online payments platform.

Clear Capital Exchange - How to money transfer

What is Clear Capital Exchange?

Clear Capital was set up in January 2018 in London. It says its aim is to provide trust, reliability and commitment to all sized business and private clients.
Its team of dealers and account managers have many years of experience in mitigating risk and managing client accounts within the foreign currency market.

In a nutshell

Pros

  • Access to more than 150 currencies. See above for the full list.
  • Various transfer options. You can choose from making a spot payment, limit order or forward contract.
  • Fast transfers. Same day or next working day transfers available to numerous destinations.
  • One-to-one customer support. You get a dedicated account manager, who will support you through the process step by step.
  • Highly rated reviews. Rated 4.7 out of 5 on Trustpilot*

Cons

  • £10 charge for transfers under £2,000. Clear Capital says this is to cover costs.
  • No cash pick-up. Bank to bank account only.

How does Clear Capital Exchange compare to other services?

Table: sorted by a combination of service offering and the amount your recipient will receive

The table below shows the fees and exchange rates that you can expect from other money transfer specialists compared with Clear Capital. Compare Clear Capital with the other providers to see if it’s the best option for you for sending money abroad.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 2,000 1 day GBP 0.00 1.111 EUR
11,106
TorFX guarantee to beat any competitor's exchange rate for a transaction (conditions apply)
(Conditions apply)
Go to site Show details
GBP 5,000 Same day GBP 0.00 1.111 EUR
11,106
Universal Partners FX offers competitive exchange rates and same-day transfers for 100+ currencies. Go to site Show details
GBP 2,500 Same day GBP 0.00 1.111 EUR
11,106
Central FX’s dedicated private client team will guide you through the money transfer process from first call to final payment. Go to site Show details
GBP 1 Same day GBP 0.00 1.111 EUR
11,106
Whatever amount you transfer, XE will not charge you a fee for using their service. Go to site Show details
GBP 3,000 1 day GBP 0.00 1.111 EUR
11,106
Get no fees as a Finder customer when you transfer your money overseas with Global Reach. Go to site Show details
GBP 5,000 1 day GBP 0.00 1.111 EUR
11,106
Take advantage of fee lock-ins and live bookable rates, helping you save up to 85% in hidden bank fees. Go to site Show details
GBP 1,000 Same day GBP 0.00 1.111 EUR
11,106
Clear Capital specialises in sending 150+ currencies abroad for individuals and businesses, with a dedicated account manager to help you. Go to site Show details
GBP 2,000 1 day GBP 0.00 1.111 EUR
11,106
Make transferring money abroad as simple and safe as possible with bank-beating exchange rates - online, via the app or over the phone. Go to site Show details
GBP 2,500 1 day GBP 0.00 1.111 EUR
11,106
With 17 years of foreign exchange expertise, OFX know the money transfers business very well, offering facilities for one-off and recurring transfers. Go to site Show details
GBP 1,000 1 - 2 days GBP 0.00 1.111 EUR
11,106
Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.
Go to site Show details
GBP 1 1 - 2 days GBP 1.99 1.101 EUR
11,003
Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
Go to site Show details
GBP 5 2 days EUR 3.00 1.109 EUR
11,095
Special offer: Zero fees on your first 10 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details
GBP 10 Within an hour GBP 2.00 1.109 EUR
11,089
First two transfers free for new customers.
Instant or 1 hour transfers to over 50 countries, send money directly to bank accounts or over 280,000 cash pickup points.
Go to site Show details
GBP 50 Same day GBP 2.99 1.104 EUR
11,036
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
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.

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