TransferWise Logo

TransferWise

TransferWise is headquartered in the UK, and also has offices in Estonia, Hungary, Ukraine, the U.S., Singapore and Hong Kong. It serves individuals, businesses, and online sellers. By signing up for the TransferWise Borderless Account, you get access to bank account details from different countries. This alternative to Rewire operates region-specific websites, which you may use in different languages.

Pros

Remove Circle Icon
Sign up as an individual, a business, or an online seller
Remove Circle Icon
Register by using your Google or Facebook account
Remove Circle Icon
Offices in the UK, Estonia, Hungary, Ukraine, the U.S., Singapore and Hong Kong
Remove Circle Icon
Access to region-specific websites in different languages
Remove Circle Icon
Get free bank account details in EUR, GBP, USD, AUD, and NZD through the Borderless Account
Remove Circle Icon
Use the Borderless Account to hold funds and transact in over 40 currencies
Remove Circle Icon
Provides a prepaid Mastercard
Remove Circle Icon
Accepts credit card payments from some regions

Cons

Remove Circle Icon
Does not support all currency corridors through its peer-to-peer (P2P) network
Remove Circle Icon
Does not provide hedging tools or scheduled transfers
Remove Circle Icon
The currencies being traded, the mode of payment, and the transfer method affect transfer fees
Remove Circle Icon
No cash transfers

CurrencyFair Logo

CurrencyFair

Headquartered in Ireland, CurrencyFair also has offices in the UK and Australia. This Rewire alternative provides services for individuals and businesses. The company’s P2P Exchange platform gives you the ability to set your own rate. It operates a multilingual website.

Pros

Remove Circle Icon
Register as an individual or a business
Remove Circle Icon
Offices in Ireland, the UK and Australia
Remove Circle Icon
Get preferred rates when you use the Exchange platform
Remove Circle Icon
Make express deposits when paying in European currencies
Remove Circle Icon
Minimum transfer amount of €8
Remove Circle Icon
Provides scheduled transfers

Cons

Remove Circle Icon
No hedging tools
Remove Circle Icon
Does not serve all states in the U.S.
Remove Circle Icon
Transfer fees include €3 plus an average of 0.4% of the transfer amount
Remove Circle Icon
No cash transfers

WorldRemit Logo

WorldRemit

WorldRemit has its headquarters in the UK, with offices also in Australia, New Zealand, the U.S., Canada, and Japan. This company serves individuals and businesses. This alternative to Rewire lets you send money to agent locations. You may use the WorldRemit website in different languages.

Pros

Remove Circle Icon
Serves individuals and businesses
Remove Circle Icon
Offices in the UK, Australia, New Zealand, the U.S., Canada and Japan
Remove Circle Icon
Send money to agent locations or bank accounts
Remove Circle Icon
Allows topping off mobile wallets and mobile airtime in some regions
Remove Circle Icon
Transfer any amount over £1
Remove Circle Icon
Pay using credit cards
Remove Circle Icon
Get website access in different languages

Cons

Remove Circle Icon
Does not provide hedging tools or scheduled transfers
Remove Circle Icon
Transfer fees vary depending on the currencies involved as well as desired payment and transfer methods

XE Money Transfer Logo

XE Money Transfer

This Canada-based Rewire competitor also has a physical presence in the UK. You may sign up with XE Money Transfer as an individual or a business, from most countries around the world. Personal transfers come with no fees. XE operates a multilingual website.

Pros

Remove Circle Icon
Serves individuals and businesses
Remove Circle Icon
Pay no fees for personal transfers
Remove Circle Icon
Provide hedging tools
Remove Circle Icon
Provides website access and customer support in different languages

Cons

Remove Circle Icon
Offices only in Canada and the UK
Remove Circle Icon
No scheduled transfers
Remove Circle Icon
No cash transfers

Tags