Best Currency Brokers Compared & Reviewed

Regency FX suits you if you'd rather talk through the payment than manage everything yourself.

Its account-manager service covers one-off transfers and regular payments, with online access arranged through the team.

That can be useful when a move abroad involves several payments on different dates.

Explain which payments are fixed, which dates could change, and whether you need the recipient to receive an exact amount.

For US customers, payment services are provided by Visa Global Services Inc.

Check the agreement you're offered so you know which company is handling the payment.

I'd suggest using Regency FX for the account-manager approach.

If you prefer to manage transfers online after opening your account, OFX may be a better fit, or Currencies Direct for the app.

In terms of costs, they charge no fees but add work on a margin instead (percentage on top of the interbank-rate).

Here's how much you'd get on $100,000 transfer abroad:

Currencies Direct combines an account manager with online and app access.

I'd start here if you're buying property abroad and want someone to help organize the currency transfer around the purchase.

It serves customers across all 50 states, although the company providing your payment service depends on where you live.

That gives it a clear US offering, rather than simply the ability to exchange dollars.

You can discuss the amount and timing with your account manager, then use online access for supported transactions.

Its service also includes options for targeting or securing an exchange rate, subject to the terms available to you.

The main limitation is pricing transparency before you get a quote.

No transfer fee doesn't mean no conversion cost, because the exchange rate includes a margin.

Here's how much you'd get on $100,000 transfer abroad:

OFX is useful if you want to arrange transfers online without losing access to phone support.

Its US personal service combines website and app access with a team available around the clock.

You can fund a transfer from your US bank using a domestic wire, ACH credit or ACH debit.

The distinction matters when you have a deadline.

OFX says personal ACH debit funding can take three to four business days to reach it, before the onward payment.

I'd give OFX a close look if you need support outside normal office hours or expect to make more transfers after the first one.

But don't read a delivery estimate as the time from clicking “send” at your US bank.

Confirm when OFX will have cleared funds and when the recipient should receive them.

OFX doesn't charge a transfer fee, but its customer exchange rate includes a margin and third-party banks may charge separately.

Here's how much you'd get on $100,000 transfer abroad:

Key Currency is another option if you'd prefer an account manager to walk you through the transfer over the phone.

Its process centers on discussing your requirements, agreeing a quote and then sending the funds.

It is especially good at USD to GBP transfers, particularly if you want to discuss the payment directly with a UK-based team.

For US customers, payment services are provided by Visa Global Services Inc.

I would say their personal approach works best for those who want to handle transfers over the phone with a real expert on the line.

In terms of costs, they charge no fees but add work on a margin instead (percentage on top of the interbank-rate).

Here's how much you'd get on $100,000 transfer abroad: