CurrencyFair vs Monese - Who is better? [UPDATED 2024]

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

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

CurrencyFair vs Monese: 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 Monese Visit Monese

    Used By: 2200000
    Currencies Available: 3
    Transfer Fees: none
    Payment Methods: Google pay
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: none
    Max Transfer: 50000 EUR
    Year Founded: 2015

CurrencyFair vs Monese: Pros and Cons

CurrencyFair vs Monese
Advantages

CurrencyFair Advantages Monese 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.
  • Monese boasts a high rating for sending money.
  • Monese operates in numerous international countries.
  • Monese offers registered customers email support.
  • Monese has a Apple iOS app on Apple app store.
  • Monese offers a Android Google Play Store mobile app.

CurrencyFair vs Monese
Disadvantages

CurrencyFair Disadvantages Monese 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.
  • Monese has no PayPal option.
  • Monese has no Neteller option.
  • Monese has no Skrill option.
  • Monese has few fiat currency then some others.
  • No digital wallets with Monese.
  • No Monese home delivery.
  • No Monese Cash pickups.
  • No Monese money order option.
  • No Monese Livechat.
  • No Monese telephone customer support.

CurrencyFair vs Monese Fees and Other Costs

Fee type CurrencyFair Fees Monese Fees
Transfer Fees 0.45% none
Min Transfer £5.00 (or equivalent) none
Max Transfer £10,000,000.00 (or equivalent) 50000 EUR
Payment Methods Bank transfer, debit card Google pay
Currencies AED, EUR, PLN, AUD, GBP, SEK, CAD, HKD, SGD, CHF, HUF, USD, CZK, NOK, ZAR, DKK, NZD GBP, EUR, RON

CurrencyFair vs Monese 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

Monese 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 Monese Transfer Speeds

Transfer Speed CurrencyFair Monese
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

CurrencyFair vs Monese Languages

CurrencyFair Supported Languages

English, French, German

Monese Supported Languages

CurrencyFair vs Monese Verdict - Which is better?

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

  • CurrencyFair vs Monese Transfer Fees: Transferring money with CurrencyFair costs 0.45% while Monese charges none.
  • CurrencyFair vs Monese Supported Currencies: CurrencyFair deals in over 1, where as Monese offers transactions in 1.
  • CurrencyFair vs Monese Payment Methods: CurrencyFair accepts Bank transfer, debit card, while Monese allows transactions via Google pay.
  • CurrencyFair vs Monese Transfer Limits: CurrencyFair allows transfers between £5.00 (or equivalent) and £10,000,000.00 (or equivalent). Monese's range is none to 50000 EUR.
  • CurrencyFair vs Monese Minimum Age for Account Creation: CurrencyFair requires users to be at least 18 years old, where as Monese has a minimum age requirement of 18.
  • Contact Number: You can reach CurrencyFair at +353 1 526 8411 and Monese at .
  • CurrencyFair vs Monese Countries of Operation: CurrencyFair operates in over 1 countries but has restrictions in over 1 countries. Monese serves 1 countries and restricts operations in 1 countries.
  • CurrencyFair vs Monese Client Base: CurrencyFair is used by 150, where as Monese serves 2,200,000.
  • CurrencyFair vs Monese Year Founded: CurrencyFair was established in 2009 and Monese began its operations in 2015.
  • CurrencyFair vs Monese Customer Rating: CurrencyFair holds a rating of 4, in contrast, Monese has a rating of 3.
  • CurrencyFair vs Monese Headquarters: CurrencyFair has its headquarters at Dublin, Ireland, while Monese is based at London, UK.
  • CurrencyFair vs Monese Employee Count: CurrencyFair employs 99 individuals, where as Monese has a team of 299.
  • CurrencyFair vs Monese Estimated Annual Turnover: CurrencyFair turnover stands at 64,000,000 USD, while Monese boasts a turnover of 62800000.
  • CurrencyFair vs Monese Founder: CurrencyFair was founded by Paul Byrne, holding the position of CEO & President. On the other hand, Monese was the brainchild of Norris Koppel, currently holding the position of CEO.
  • CurrencyFair vs Monese Supported Languages: CurrencyFair offers support in over 1 languages. Monese communicates in 1.

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Screenshots

CurrencyFair Screenshot

CurrencyFair Screenshot

Monese Screenshot

CurrencyFair Screenshot