OFX Logo

OFX

This Ria competitor has its headquarters in Australia. It began operations as an information-only website in 1998 and operated as OzForex until 2015. Now, OFX has offices in the UK, the U.S., Canada, New Zealand and Hong Kong.  Access to the OFX website is available only in English. 

Pros

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Serves individuals, businesses and online sellers
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Aims to offer rates as good as or better than those offered by its competitors
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Fee-free threshold limits enable free transfers
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Australia-based – offices also in New Zealand, the U.S., the UK and Hong Kong
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Local phone assistance in some countries
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Can initiate transfers online or over the phone
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Scheduling transfers is straightforward
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Provides multi-currency bank accounts for online sellers through its Global Currency Account
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Provides spot contracts, forward contracts and market orders

Cons

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No cash pick up centers
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Some currencies can be transferred only over the phone
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Website access limits to English

WorldFirst Logo

WorldFirst

This is another UK-based Ria Competitor that deserves your attention. Since it began operations in 2004, it has expanded to Australia, Hong Kong and Singapore. This specialist money transfer company has websites for different markets, which include the UK, Australia, Hong Kong, Singapore, China, Japan and France. Depending on which website you log on to, choose from languages that include English, French, Japanese, and Chinese. Get more useful insights from the WorldFirst review.

Pros

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Accepts individuals, businesses and online sellers as clients
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Individual and business customers can benefit through unique offers
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UK-based – with offices also in the Netherlands, Hong Kong, Singapore, Japan and Australia
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Multilingual website
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Local phone assistance in some countries
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A transparent pricing band applies on existing real/mid-market rates
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Lets you schedule transfers easily
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Provides spot and forward contracts
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The “World Account” gives you the ability to receive and make cost effective payments in multiple currencies through distinct account numbers
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Connecting your World Account with Xero is simple

Cons

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No cash pick up centers
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You cannot register as a customer from the U.S.
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Transfer limits depend on the country of the transfer’s origin and the payment method

Currencies Direct Logo

Currencies Direct

Currencies Direct, a Ria alternative, has offered its services since 1996, making it one of the original money transfer companies. It has its headquarters in the UK, and offices in the U.S., France, Spain, Portugal, India and South Africa. It operates dedicated websites for residents of the UK, the U.S., France, Italy, Spain, Portugal, Sweden, Norway, China and South Africa. You can access these websites in languages in French, Italian, Spanish, Portuguese, Swedish, Norwegian and Chinese. Go to the Currencies Direct review to learn more.

Pros

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Accepts individuals, businesses and online sellers as clients
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All customers get access to account managers
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UK-based – offices also in the U.S., Spain, France, Portugal, South Africa, India and China
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Multilingual website
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Local phone assistance in some countries
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Residents of the UK can use its travel money solutions
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Schedule transfers easily
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Provides spot orders, forward contracts and limit orders

Cons

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No cash pick up centers
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Services not provided to residents of all American states

Global Reach Group Logo

Global Reach Group

Global Reach Group is a UK-based international fund transfer company that also has offices in the Netherlands, South Africa and Cyprus. It began operations in 2002. This Ria competitor provides services for individuals and businesses. Access to the Global Reach Group website comes only in English.

Pros

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Accepts individual and business clients
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All customers get access to currency specialists
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UK-based – offices also in Cyprus, the Netherlands and South Africa
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Scheduling transfers is simple
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Offers forward contracts, limit order and stop loss orders

Cons

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No cash pick up centers
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No multilingual website

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