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.