CurrencyFair vs DBS Remit - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like CurrencyFair and DBS Remit have emerged as leading choices. Both CurrencyFair and DBS Remit online platforms offer efficient and cost-effective and secure international money transfers from CurrencyFair and DBS Remit.

We compare CurrencyFair vs DBS Remit into the unique features and benefits that distinguish CurrencyFair vs DBS Remit, empowering you to make an informed decision based on your specific transfer needs like CurrencyFair vs DBS Remit fees, currencies available, available payment methods on CurrencyFair compared to DBS Remit, support options offered by CurrencyFair vs DBS Remit, speed and more.

CurrencyFair vs DBS Remit: Quick Feature Comparison

  1. Visit CurrencyFair alternative CurrencyFair Visit CurrencyFair

    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

  2. Visit CurrencyFair alternative DBS Remit Visit DBS Remit

    Used By: 2400000
    Currencies Available: 7
    Transfer Fees: S$35
    Payment Methods: Bank deposit
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: S$500
    Max Transfer: S$200,000
    Year Founded: 1968

CurrencyFair vs DBS Remit: Pros and Cons

CurrencyFair vs DBS Remit
Advantages

CurrencyFair Advantages DBS Remit Advantages
  • CurrencyFair has been serving clients for over 15 years
  • CurrencyFair is well rated among clients.
  • CurrencyFair is available internationally.
  • CurrencyFair has multiple currency options.
  • CurrencyFair provides phone customer support.
  • CurrencyFair provides email customer support.
  • CurrencyFair is available to iOS Apple device users.
  • CurrencyFair is available to Android mobile device users.
  • DBS Remit has been in operation for over 56 years.
  • DBS Remit boasts a high rating for sending money.
  • DBS Remit operates in numerous international countries.
  • DBS Remit offers an extensive range of currency options for money transfers.
  • DBS Remit has a Apple iOS app on Apple app store.
  • DBS Remit offers a Android Google Play Store mobile app.

CurrencyFair vs DBS Remit
Disadvantages

CurrencyFair Disadvantages DBS Remit Disadvantages
  • CurrencyFair has no PayPal support.
  • CurrencyFair has no Neteller payments support.
  • CurrencyFair has no Skrill payment support.
  • CurrencyFair does have a mobile digital wallet like some others.
  • No home delivery with CurrencyFair.
  • No cash pickups with CurrencyFair.
  • No money order support with CurrencyFair.
  • No live chat support with CurrencyFair.
  • DBS Remit has no PayPal option.
  • DBS Remit has no Neteller option.
  • DBS Remit has no Skrill option.
  • No digital wallets with DBS Remit.
  • No DBS Remit home delivery.
  • No DBS Remit Cash pickups.
  • No DBS Remit money order option.
  • No DBS Remit Livechat.
  • No DBS Remit telephone customer support.
  • DBS Remit has limited email customer support.

CurrencyFair vs DBS Remit Fees and Other Costs

Fee type CurrencyFair Fees DBS Remit Fees
Transfer Fees 0.45% S$35
Min Transfer £5.00 (or equivalent) S$500
Max Transfer £10,000,000.00 (or equivalent) S$200,000
Payment Methods Bank transfer, debit card Bank deposit
Currencies AED, EUR, PLN, AUD, GBP, SEK, CAD, HKD, SGD, CHF, HUF, USD, CZK, NOK, ZAR, DKK, NZD USD, GBP, AUD, EUR, SGD, CAD, HKD

CurrencyFair vs DBS Remit Restricted Countries

CurrencyFair Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

DBS Remit Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

CurrencyFair vs DBS Remit Transfer Speeds

Transfer Speed CurrencyFair DBS Remit
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

CurrencyFair vs DBS Remit Languages

CurrencyFair Supported Languages

English, French, German

DBS Remit Supported Languages

English

CurrencyFair vs DBS Remit Verdict - Which is better?

Which is best out of CurrencyFair and DBS Remit depends on your needs.

  • CurrencyFair vs DBS Remit Transfer Fees: Transferring money with CurrencyFair costs 0.45% while DBS Remit charges S$35.
  • CurrencyFair vs DBS Remit Supported Currencies: CurrencyFair deals in over 1, where as DBS Remit offers transactions in 1.
  • CurrencyFair vs DBS Remit Payment Methods: CurrencyFair accepts Bank transfer, debit card, while DBS Remit allows transactions via Bank deposit.
  • CurrencyFair vs DBS Remit Transfer Limits: CurrencyFair allows transfers between £5.00 (or equivalent) and £10,000,000.00 (or equivalent). DBS Remit's range is S$500 to S$200,000.
  • CurrencyFair vs DBS Remit Minimum Age for Account Creation: CurrencyFair requires users to be at least 18 years old, where as DBS Remit has a minimum age requirement of 18.
  • Contact Number: You can reach CurrencyFair at +353 1 526 8411 and DBS Remit at .
  • CurrencyFair vs DBS Remit Countries of Operation: CurrencyFair operates in over 1 countries but has restrictions in over 1 countries. DBS Remit serves 1 countries and restricts operations in 1 countries.
  • CurrencyFair vs DBS Remit Client Base: CurrencyFair is used by 150, where as DBS Remit serves 2,400,000.
  • CurrencyFair vs DBS Remit Year Founded: CurrencyFair was established in 2009 and DBS Remit began its operations in 1968.
  • CurrencyFair vs DBS Remit Customer Rating: CurrencyFair holds a rating of 4, in contrast, DBS Remit has a rating of 3.
  • CurrencyFair vs DBS Remit Headquarters: CurrencyFair has its headquarters at Dublin, Ireland, while DBS Remit is based at Singapore.
  • CurrencyFair vs DBS Remit Employee Count: CurrencyFair employs 99 individuals, where as DBS Remit has a team of .
  • CurrencyFair vs DBS Remit Estimated Annual Turnover: CurrencyFair turnover stands at 64,000,000 USD, while DBS Remit boasts a turnover of 1260000000.
  • CurrencyFair vs DBS Remit Founder: CurrencyFair was founded by Paul Byrne, holding the position of CEO & President. On the other hand, DBS Remit was the brainchild of , currently holding the position of .
  • CurrencyFair vs DBS Remit Supported Languages: CurrencyFair offers support in over 1 languages. DBS Remit communicates in 1.

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Screenshots

CurrencyFair Screenshot

CurrencyFair Screenshot

DBS Remit Screenshot

CurrencyFair Screenshot