CurrencyTransfer Review 2026
Excellent-rated FX platform for personal and business international payments. Better rates than banks, PayPlexo batch payments, forward contracts, and single transfers β all in one modern platform.
*Affiliate disclosure: We may earn a commission if you open an account via our link, at no extra cost to you.
Quick Facts
What is CurrencyTransfer?
CurrencyTransfer is a London-based foreign exchange marketplace and payment platform founded in 2014. It serves both individuals and businesses with a full suite of currency transfer solutions β from one-off single transfers to scheduled regular payments and bulk business payouts via PayPlexo, their batch payment product. CurrencyTransfer operates as a marketplace model, connecting customers with a panel of regulated FX providers to ensure they get competitive rates. Rated "Excellent" on Trustpilot, the platform combines modern technology with real human support. It is ideal for businesses with international suppliers or payroll needs, as well as individuals making property purchases abroad, emigrating, or sending regular overseas payments.
Key Features of CurrencyTransfer
Better Exchange Rates
CurrencyTransfer consistently beats high-street bank exchange rates. Their marketplace model competes rates across multiple providers to get you the best deal.
PayPlexo Batch Payments
PayPlexo is CurrencyTransfer's business-grade batch payment solution β send payments to multiple recipients in multiple currencies in a single transaction. Ideal for payroll, supplier payments, and international disbursements.
Single Transfers
Send a one-off international payment quickly and securely at a competitive rate. Straightforward, fast, and available 24/7 through the online platform.
Personal & Business Accounts
Dedicated solutions for both individuals (property purchase, emigration, regular overseas bills) and businesses (international payroll, supplier payments, treasury management).
Forward Contracts
Lock in today's exchange rate for a future transfer β protecting your budget from currency fluctuation. Especially valuable for business planning and property purchases.
Regulated & Secure
CurrencyTransfer is FCA-authorised. All partner providers on the platform are regulated, and client funds are held in segregated accounts.
CurrencyTransfer Pros & Cons
Advantages
- Excellent Trustpilot rating β consistently strong reviews
- Better exchange rates than banks on both personal and business transfers
- PayPlexo for batch/bulk business payments β market-leading feature
- Marketplace model shops rates across multiple providers
- Forward contracts available for rate protection
- Personal and business accounts covered
- FCA regulated with segregated client funds
Disadvantages
- Less suitable for very small transfers under Β£500
- Marketplace model means the best rate may not always be instant
- Less brand recognition than Wise or Currencies Direct
Who is CurrencyTransfer Best For?
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Frequently Asked Questions About CurrencyTransfer
Is CurrencyTransfer safe?
CurrencyTransfer is a regulated financial services provider. Digital Bank Networks only features regulated, vetted affiliates. Always review the provider's terms, fees, and regulatory status before transferring funds. CFD and forex trading carries risk β please read all risk disclosures before trading.
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Read reviewAffiliate Disclosure: Digital Bank Networks is a comparison and review platform. Some links on this page are affiliate links β if you open an account through them, we may earn a commission at no additional cost to you. Our editorial opinions are independent and not influenced by affiliate relationships. Reviews are based on publicly available information and user feedback.
Risk Warning: Trading forex and CFDs involves significant risk of loss and may not be suitable for all investors. Past performance is not indicative of future results. Please ensure you fully understand the risks involved before investing.