Compare alternative money transfer services to Paypal | finder UK

Sites like Paypal for international money transfers

Send money to family, friends or businesses with these alternatives to Paypal

Promoted

WorldRemit

WorldRemit logo
  • Use promo code 3FREE to get three free transfers
  • Easy to use with round-the-clock help
  • Get cash to family and friends in minutes
Go to site
You likely know PalPal’s digital service for online purchases, but you may not know that it supports wireless overseas transfers. Its popularity around the world makes it possible to transfer up to 20 currencies across more than 200 countries. While PayPal is like a digital banking service, its rates are competitive compared with most banks and financial institutions, making it a good choice to avoid headaches.

Pros

  • Low minimum transfer rates
  • Available in 203 countries
  • Offers recurring payments
  • Excellent for smaller transfers
  • Multiple digital safeguards in place to protect against fraud and hacking

Cons

  • Fees are proportionate to the amount transferred. The larger the transfer, the more money they take.
  • Fees vary by location of transfer and method, with better deals for using a PayPal credit card or account

Xendpay logo

Xendpay

Xendpay allows you to send money to friends and family in 147 countries. Xendpay’s main selling point is ‘pay what you want’ when it comes to fees. These fees are translated in to their rates, so they’re still making roughly the same as other providers! However, their rates do fare well against the competition.

Pros

  • 147 countries to send money to.
  • Competitive pricing.
  • FCA regulated, so your transfers are secure.
  • iPhone app for transfers on the go
  • Competitive rates.

Cons

  • Rate comparison tool not available until after you’ve registered with the site.
  • ‘Pay what you want’ applies only to the first £2,000 you send.
  • It can take up to 4 days for your recipient to receive the funds.

CurrencyFair logo

CurrencyFair

CurrencyFair uses peer-to-peer technology to offer fast and affordable international money transfers. With its own foreign exchange marketplace, exchanges offered are set by its users. CurrencyFair offers a simple three-step transfer process to make it quick and easy to send money globally

Pros

  • Better exchange rates than banks.
  • Low fees – compare fees to other providers.
  • Simple and convenient transfer process.
  • Mobile app for transfers on the go.

Cons

  • There is no online chat service for customer support.
Go to site

Wise logo

Wise

Wise is a money transfer site designed to help you save money on exchanges through a peer-to-peer system. Its unique system allows you to exchange your funds with those of another seeking to convert their money to your currency. It’s basically trading money with another person, but it doesn’t cross borders.

Pros

  • Maximum 1% fee.
  • £3 minimum fee.
  • Minimum transfer of £1.
  • Maximum transfer of £30 million.
  • Apps for both iOS and Android.
  • Uses mid-market exchange rate with no hidden fees.

Cons

  • Transfers to bank accounts only. No cash pickup option.
Go to site

HiFX logo

HiFX

HiFX is a service designed to help you transfer your funds to a bank in a foreign currency. If you’re working far from home, HiFX is ideal for getting cash to your family or making investments overseas. Given how easy it is to transfer your money to foreign companies in their currency, it’s especially ideal for business accounts.

Pros

  • One of the most trusted money transfer names in the UK.
  • Competitive exchange rates save you money in the long run.
  • Quick turnaround means transfer is complete in 1 to 4 days.

Cons

  • Rate comparison tool not available until after you’ve registered with the site.

Global Reach

Global Reach

Global Reach offers international money transfer solutions to customers in the UK and around the world, handling over £4Bn in transactions since its inception in 2005. Global Reach offer a ‘Best Exchange Rate Guarantee’, offering affordable transfers with excellent customer service.

Pros

  • If you transfer more than £10,000 overseas you will not have to pay any transfer fees.
  • Transfer money in 35 currencies
  • Match any exchange rate quote you receive from another provider
  • Phone, email and live chat customer support, with impressive customer satisfaction ratings.

Cons

  • No cash pickup option.
  • Does not support all currencies (though you can contact them if yours isn’t listed).

Still looking for other options?

Table: sorted by promoted deals first
Our table below lets you compare the services you can use to send money abroad. Choose if you want to send under or over £10,000, and you’ll be shown a list of services that can help you.

Alternatively, learn more about PayPal in our review.

Data updated regularly
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer) Learn More
Wise (TransferWise) for large transfers
Within an hour
From £3.75

View details
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
TorFX
24 hours
£0

View details
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Central FX
24 hours
£0

View details
CentralFX's dedicated team will guide you or your business from first call to final payment.
SpartanFX
24 hours
£0

View details
SpartanFX has fee-free transfers, a best exchange rate guarantee and personalised one-to-one support for every customer.
Currencies Direct
Within an hour
£0

View details
CurrenciesDirect makes transferring money abroad simple with bank-beating exchange rates.
CurrencyTransfer
24 hours
£0

View details
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
XE Money Transfers
24 hours
£2
SPECIAL OFFER ✓ £25 Amazon voucher when you refer a friend

View details
XE has fast transfers with no fees and a range of foreign currency tools.
Wise (TransferWise)
Within an hour
From £3.75

View details
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
Azimo
Within minutes
From £0.99
SPECIAL OFFER ✓ First two transfers free for new customers.

View details
Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.
CurrencyFair
24 hours
€3
SPECIAL OFFER ✓ Zero fees on your first 10 transfers

View details
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Remitly
Within minutes
From £1.49
SPECIAL OFFER ✓ Free transfers and better exchange rates for new customers

View details
Remitly has quick, affordable transfers around the world, with both express and economy options.
WorldRemit
Within an hour
From £1.99
SPECIAL OFFER ✓ Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.

View details
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
loading

Compare up to 4 providers


More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com 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
Finder.com 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 and Cookies Policy and Terms of Use.

Questions and responses on finder.com 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