Runner Up - Trade Finance Global Currency Awards 2016
MoneyTransferComparison.com – Runner Up – International Money Transfer Comparison Provider
MoneyTransferComparison.com has a simple platform which has a wealth of reviews and information on the best international money transfer services, helping signpost the most appropriate services for customers to transfer money around the world. MoneyTransferComparison.com were runners up for the TFG Currency Awards for Excellence under the category – “Best International Money Transfer Comparison Provider”.
In 10 words or less, what does MoneyTransferComparison.com do?
MoneyTransferComparison.com reviews and rates international money transfer services.
Where do you see currency transfer in the next 3 years, and what do you see as the main future global trends in the sector?
We anticipate the commercial FX sector will grow significantly over the course of the next 3 years. Moving away from banks towards specialised, cheaper, services is simply a question of public awareness, and recently, international money transfer companies are making it to the headlines.
The currency service comparison sub-sector should grow together with the industry’s development. Clients are overwhelmed by the vast number of companies providing very similar services, and seek for professional guidance in order to find a firm tailored for their individual requirements.
What is changing in the international money transfer comparison market?
The international money transfer market is becoming a tad less secretive than it used to be. Firms like Transferwise, FairFX, Kantox and Currencyfair are more open about their rates and fees than ever before.
We anticipate additional firms, especially remittances providers, will shift towards a more transparent pricing methodology in the near future.
Winning the TFG Excellence Awards is a landmark in the history of MoneyTransferComparison.com. We are thankful to the TFG panel which has decided to publicly recognize us as industry leaders, and we will strive to improve our offering even further during the upcoming year, in order to make another appearance at this highly distinguished award ceremony.
What is the strategic focus of MoneyTransferComparison.com in the short to medium term? (1-5 years)
The strategic focus of MoneyTransferComparison.com is to become even more comprehensive than it is now. We aspire to cover the entire money transfer industry, top to bottom, by reviewing all international money transfer providers on a global scale.