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If Small World is not quite what you are looking for in our detailed Small World alternatives guide, we should you the best Small World alternatives below.
The best Small World alternatives for money transfer are XE Money Transfer, Wise Multi-Currency Account, Remitly, Wise, CurrencyFair, Wise Business, InstaReM, OFX, and Currencies Direct.
Used By: 280000000
Currencies Available: 76
Transfer Fees: none
Payment Methods: Bank transfer, credit card, debit card
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: US$1.00
Max Transfer: US$500,000.00 (or equivalent)
Year Founded: 1993
Used By: 11000000
Currencies Available: 54
Transfer Fees: 0.5%-1%
Payment Methods: Bank transfer, debit card, credit card, SOFORT transfer
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: 1 USD
Max Transfer: 1000000 USD/transaction/day (personal), 3000000 USD/transaction/day (business)
Year Founded: 2011
Used By: 3000000
Currencies Available: 63
Transfer Fees: 0-3.99$
Payment Methods: Bank transfer, credit/debit card
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: US$1.00
Max Transfer: US$20,000.00
Year Founded: 2011
Used By: 11000000
Currencies Available: 54
Transfer Fees: 0.5%-1%
Payment Methods: Bank transfer, debit card, credit card, SOFORT transfer
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: US$1.00
Max Transfer: US$1,000,000 (varies based on currency)
Year Founded: 2011
Used By: 150,000
Currencies Available: 17
Transfer Fees: 0.45%
Payment Methods: Bank transfer, debit card
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: £5.00 (or equivalent)
Max Transfer: £10,000,000.00 (or equivalent)
Year Founded: 2009
Used By: 11000000
Currencies Available: 55
Transfer Fees: 0.5%-1%
Payment Methods: Bank transfer, debit card, credit card, SOFORT transfer
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: 1 USD
Max Transfer: 1000000 USD/transaction/day (personal), 3000000 USD/transaction/day (business)
Year Founded: 2011
Used By: 130000000
Currencies Available: 11
Transfer Fees: 0%-1%
Payment Methods: bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents)
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: $1 (minimum sending amounts could differ based on certain currency pairs)
Max Transfer: No limit (different countries have regulatory limits on outward and inward flow of remittances originating from or to the country)
Year Founded: 2014
Used By: 1000000
Currencies Available: 54
Transfer Fees: 15 AUD below 10k AUD
Payment Methods: ETF, BPAY (Australia), Direct debits
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: 1000 USD
Max Transfer: none
Year Founded: 1998
Used By: 325,000
Currencies Available: 22
Transfer Fees: none
Payment Methods: Bank transfer, debit card
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: none
Max Transfer: 25000 GBP
Year Founded: 1995
Used By: 15000000
Currencies Available: 161
Transfer Fees: none
Payment Methods: debit card via our online platform or a wire transfer, cash
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: 50 USD/GBP/EUR
Max Transfer: none
Year Founded: 1962
Used By: 2,500,000
Currencies Available: 39
Transfer Fees: 0.5%-1.5%
Payment Methods: Bank transfer, debit card, credit card
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: 1.5 GBP
Max Transfer: 1000000 GBP
Year Founded: 2012
Used By: 15000000
Currencies Available: 38
Transfer Fees: up to 3%
Payment Methods: Cash, bank transfer, debit card, credit card (varies from country)
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: $1.00
Max Transfer: $10,000.00 (varies)
Year Founded: 1851
Used By: 1000000
Currencies Available: 1
Transfer Fees: none
Payment Methods: eBill, QR-bill, standing orders, payment orders, online & mobile banking, direct debit, multi-payment orders, bank transfer, debit card, credit card
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: none
Max Transfer: none
Year Founded: 1856
Used By: 25,000,000
Currencies Available: 23
Transfer Fees: none
Payment Methods: Bank transfer, debit card, credit card, apple pay, google pay, Scotiabank Saddletone gift cards
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: none
Max Transfer: 10000 USD
Year Founded: 1832
Used By: 250000000
Currencies Available: 4
Transfer Fees: 0$-40$
Payment Methods: Bank transfer, debit/credit card, PayPal balance
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: US$10.00
Max Transfer: 2999 USD/day, 6000 USD/month, 9999 USD/3 months
Year Founded: 2001
Used By: 150000000
Currencies Available: 46
Transfer Fees: 0-1.99$
Payment Methods: pay by card or directly from your bank account
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: none
Max Transfer: 3000 USD
Year Founded: 1940
Used By: 120,000
Currencies Available: 33
Transfer Fees: none
Payment Methods: Cash, bank transfer, debit card, credit card, e-wallet, cryptocurrency (depending on country)
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: US$1.00 (varies based on certain currencies)
Max Transfer: US$2,500.00 / day (weekly and monthly limites also apply)
Year Founded: 2001
Used By: 500000
Currencies Available: 28
Transfer Fees: none
Payment Methods: online banking account, debit, and credit card
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: none
Max Transfer: up to 50000 USD/transaction
Year Founded: 1996
Used By: 500000
Currencies Available: 3
Transfer Fees: 5-9$
Payment Methods: bank transfers, credit card, debit card
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: 1 USD
Max Transfer: 10000 USD
Year Founded: 2000
Used By: 500000
Currencies Available: 38
Transfer Fees: 4.99 USD
Payment Methods: credit, debit, electron, maestro
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: none
Max Transfer: none
Year Founded: 1990
Used By: 40,000,000
Currencies Available: 13
Transfer Fees: 3%-4%
Payment Methods: debit card, bank transfer, prepaid cards
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: 3000 N
Max Transfer: 100000 N/transaction, 1M N/day
Year Founded: 1989
If you have ever needed to send money overseas, then Small World may have been on your List. The money transfer market has grown immensely in the last 5 to 10 years and now there are many well-known Small World alternatives.
There are Lots of other money transfer choices to Small World.
People have different needs when moving funds internationally, a Small World alternative which is effective for one person, may not function well for others.
Although there are a few main large providers of money transfer services it’s always good to see what Small World alternatives have to offer as there isn't any guarantee that Small World provide you with the very best money transfer offers.
When transferring money especially larger amounts, you should compare the foreign exchange rate offered by Small World and Small World alternatives to the interbank rate. If you are being given an exchange rate much worse than the interbank exchange rate, then you are losing out.
Therefore it’s a good idea have a Look at all the best Small World alternatives and check whether you are able to get a better deal or service elsewhere.
Numerous factors go in to picking the ideal alternate to Small World. These include money transfer charges, exchange rates, payment methods, money transfer completion times, simplicity of usage, and customer service support.
Small World is an online Money Transfer founded in London (GB). Small World was established in 2005 which means it has been going for 19 years.
Small World serves customers in EU/EEA, UK, US, Brazil.
Small World isn't listed on any stock market, doesn't disclose its yearly report on its website and doesn't have a Money Transfer.
If you are not happy with Small World, let us show you some great alternative Money Transfers.
Having a reputable and dependable online Money Transfer company is crucial when sending money online. All of the alternative Money Transfer companies we list below have good reputations and match what you are looking for.
We have listed some reasons why Small World may not be the best Money Transfer for you.
But don’t worry we have compiled a list of the best Small World alternatives further below.
What are important factors when looking for a Small World alternative.
Opening an account with Small World is easy. Let’s see how Small World alternatives compare in terms of account opening.
Many Small World alternative money transfer companies often have added requirements for applicants to open bank accounts. One example being that some money transfer companies or financial institutions require applicants to have two forms of identification, i.e. a student ID or credit card. Some even ask applicants to add in a minimum opening balance for checking accounts which could, depending on the bank, either be very high or conveniently low.
You may be looking for a Small World alternative that has a greater choice of deposit and withdrawal options. Funding and withdrawing from your Small World account to your chosen payment method should be straight forward. Let’s see how other Small World alternative compare for their deposit and withdrawal options.
Withdrawal Options | Bank desposit, cash pick-up, airtime top-up, mobile wallet, cash home delivery, prepaid card top-up | Bank deposit | Bank deposit, mobile wallet deposit |
Aside from P2P payments, many Small World alternative money transfer operators also process other types of money transfers, namely, B2B payments (invoice payments), business to person flows (salary payments), and government to person transfers (pension and welfare). There are also consumer initiated or “retail” payments, and “wholesale” payments which are basically initiated by institutions.
What you might want to have access to different types of Money Transfer products that Small World is not able to offer.
Money transfer regulations are there to track suspicious activity such as money laundering and put a stop to it. These rules require money transfer operators to send the payer’s information. Money transfer companies that comply with money transfer regulations are seen as reliable and reputable by customers.
See how Small World compares with other top money transfer services for regulation.
When someone transfers money between banks, they are usually charged a fee on the transfer made. It is usually a certain percentage of the value transferred. Many money transfer operators do not require any transfer fees. The only charges they require of their customers are a minute margin on top of the exchange rate when the money currency is converted and transferred to another bank.
Banks and money transfer operators often put limits on the maximum amount of money one can send, and it can vary depending on the nature of the transfer taking place. Also, some banks might put an upper limit on their customer’s money transfers, and some might not.
Small World allows its customers to make domestic bank transfers of up to £25k per day. As for international transfers, customers can send up to £10k abroad each day. If someone needs to send a much bigger amount than these, they might have to visit a branch and request the bank to pause their limit for a short while.
It is defined as the minimum amount of money one is allowed to transfer. The minimum amount of money an individual can send also depends on their bank or money transfer operator.
Small World does not have any minimum transfer limit so customers can send small sums of money with ease.
A faster payment is meant to accelerate the money transfer process in the UK. Most often, a faster money transfer takes minutes, but can also take up to 2 hours.
Various transfer platforms and banks often charge their users for every money transfer they make.
Exchange rates are how countries manage their own national currencies when in the foreign exchange market. When transferring money you will want to check how Small World and all Small World alternatives compare for the fees they charge.
Whenever someone carries out a money transfer, their bank or money transfer operator charges them a certain fee. However, not all banks charge their customers. In fact, the only fees several money transfer operators charge their customers are a minimal margin on the exchange rate. This is often the only way for them to keep their businesses a float.
see how Small World alternatives compare for transfer fees below.
Exchange rate margins are how banks as well as other financial institutions make profits off of their services to their customers instead of charging them with commission fees. Financial institutions usually take the interbank rate and add a “margin rate” when quoting an exchange rate to a customer.
see how Small World alternatives compare for exchange rate margins below.
There are different methods to transfer money, such as via the phone, online, or through a mobile app.
The different methods to transfer funds are Manual and Automatic EFT, Bill payment, and correction.
Small World allows users to transfer money using Bank transfer, credit/debit card
see how Small World alternatives compare for transfer fees below.
Small World may not offer specific currencies that you need access to or you would like to see Small World alternatives that offer the same currencies. Compare Small World and Small World alternatives for currencies supported when transferring money below.
Transfer options are the ways through which banks, money transfer operators, or other financial institutions allow their customers to transfer money.
Small World offers its customers various transfer options, namely:
see how Small World alternatives compare for transfer options offered below.
It is a term used to discern a one-off money amount from an allowance. To make a single payment, one may use just one credit or debit card and ultimately have a single invoice.
see how Small World alternatives compare for single payments below.
A highly cost-efficient and straightforward way to transfer money to another bank. It works best for users who need to transfer money in divided amounts i.e. three, four, or five (much smaller) digit amounts, on a regular basis.
see how Small World alternatives compare for regular below.
Small World makes its services available to more than 54 countries, offering services for 54 currencies. The more a money transfer operator expands itself global, the better is because it is then seen as more reliable.
see how Small World alternatives compare for service availability below.
Some countries are under international sanctions and as a result you may have certain restrictions when trying to transfer money to certain countries. The rules of international banks local government policy mean money transfers may be restricted to and from certain countries.
Many international Banks have internal policies in terms of risk management, it is possible that there are certain limitations when trying to recieve or certain money to banned or restricted countries.
Small World does not operate in the following countries.
An ‘International money transfer’ takes place when someone sends money from their account to another account in a different country.
When transferring money with Small World or a Small World alternative you should check the below when transferring money abroad:
The sender then receives a confirmation with all the details along with an additional confirmation with every new update.
Setting up your Small World money transfer is quick and simple with Small World modern online platform.
Transferring money internationally used to be a tedious process 10 years ago but advances in software and the internet have made transferring money a lot easier.
These days, you can send a money transfer with Small World or a Small World alternative with little effort.
Check your Small World alternative has easy-to-access and the ability to track and monitor the money transfer online.
To save their customers from unnecessary hassle, several money transfer operators and banks do not set any minimum money transfer amounts. This way their customers can transfer small sums of money with ease.
see how Small World alternatives compare for minimum transfer amounts below.
Several banks or money transfer operators, when contacted, let their customers increase their limits for a fixed amount of time. Other than that, some do not even have maximum transfer limits, for instance, Small World does not have a maximum transfer limit if the customer decides to pay via phone. However, there is a peak limit of £25k per transaction for transfers made online.
see how Small World alternatives compare for maximum transfer amounts below.
Banks or other financial institutions often charge customers for money transfers. There are other others that do not have any transfer fees, only (currency) conversion charges and a minute margin over the quoted exchange rate.
see how Small World alternatives compare for fees and charges below.
Money transfers do not necessarily take very long to take place. When a money transfer takes place between two accounts within the bank, it usually takes under twenty-four hours. For money transfers occurring overseas, it could possibly take up to five days for the beneficiary to receive the money. However, if someone uses a money transfer service, that usually takes as little as a few minutes.
see how Small World alternatives compare for money transfer time below.
Small World is not a publically listed company. Small World is a privately owned company.
Companies in association with the acronym PLC (public limited company) are known to offer their shares to the public. This earns them a reputable status as they are highly regulated and publicly monitored. Barclays is an example that is associated with said acronym.
see how Small World alternatives compare for PLC status below.
It is a sort of money transmission when an agent receives and accepts money sent from a consumer for transmission to a vendor for payment on a consumer’s account. Said agent may or may not charge for this service.
see how Small World alternatives compare for bill payments below.
Money orders are a reliable form of payment for a certain amount that two parties may use as a mode of payment in return for a given service, or product. As an example, the UK Post Office charges from 50p to £12 50p for issuing money orders.
see how Small World alternatives compare for money orders below.
A mobile top up is a method of money transfer (that is fast and reliable) through which a sender can send money from their bank, credit or debit card to their own or someone else's mobile money account. Mobile top up’s are a useful feature for customers as they do not have to leave the comfort of their homes to top up their mobile money accounts.
see how Small World alternatives compare for mobile top up below.
Small World may not be available in your region check out some Small World alternatives which may be available in your country and locality.
Since the spread of the COVID-19 virus, many financial institutions have stepped in to offer relief to their customers, offering support for businesses and individuals alike.
Some money transfer operators and lenders offer COVID-19 financial assistance. This may be in many forms including payment holidays, reduced interest rates and more options to pay. Check with Small World and Small World alternatives directly to see what they are able to offer if you are adversely affected by COVID-19.
Money transfers are aimed at people who want to send money from their account to another person’s account as quickly and securely as possible.
There may be many reasons other you are looking for a money transfer service with a Small World alternative.
These reasons can include you need a currency option or region Small World is unable to offer, debt consolidation, medical bills, student debt, collection agency debt, wedding costs, holidays, home repairs and repaying friends and family.
You might want an alternative Small World mobile app if the other app provides services that Small World doesn’t provide. Some apps have different features and this is an important consideration if you plan to use your phone for the majority of your money transfers.
Mobile trading apps are highly convenient as they let users do the following:
iOS and Android apps are very useful because they cover almost everything from utility bills, taxes, and school fees, to international transfers to and from friends and loved ones, of course. These allow users to not only transfer funds, but pay their bills, check their account balances, inspect their recent transactions, and even block their ATM cards when need be.
see how Small World alternative mobile apps compare below.
If Small World isn’t quite what you are looking for you can check out some of the best Small World alternatives below.
If you would like to see Small World compared agains some of the best Small World alternatives available right now you can do so by clicking on the links below.