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

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

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

CurrencyFair vs Placid: 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 Placid Visit Placid

    Used By: 500000
    Currencies Available: 10
    Transfer Fees: none
    Payment Methods: debit ard, credit card, placid express
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 2900 USD/day, 7000 USD/month, 20000 USD/3 months
    Year Founded: 1895

CurrencyFair vs Placid: Pros and Cons

CurrencyFair vs Placid
Advantages

CurrencyFair Advantages Placid 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.
  • Placid has been in operation for over 129 years.
  • Placid boasts a high rating for sending money.
  • Placid operates in numerous international countries.
  • Placid offers an extensive range of currency options for money transfers.
  • Placid provides phone support.
  • Placid offers registered customers email support.
  • Placid has a Apple iOS app on Apple app store.
  • Placid offers a Android Google Play Store mobile app.

CurrencyFair vs Placid
Disadvantages

CurrencyFair Disadvantages Placid 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.
  • Placid has no PayPal option.
  • Placid has no Neteller option.
  • Placid has no Skrill option.
  • No digital wallets with Placid.
  • No Placid home delivery.
  • No Placid Cash pickups.
  • No Placid money order option.
  • No Placid Livechat.

CurrencyFair vs Placid Fees and Other Costs

Fee type CurrencyFair Fees Placid Fees
Transfer Fees 0.45% none
Min Transfer £5.00 (or equivalent) none
Max Transfer £10,000,000.00 (or equivalent) 2900 USD/day, 7000 USD/month, 20000 USD/3 months
Payment Methods Bank transfer, debit card debit ard, credit card, placid express
Currencies AED, EUR, PLN, AUD, GBP, SEK, CAD, HKD, SGD, CHF, HUF, USD, CZK, NOK, ZAR, DKK, NZD BDT, INR, IDR, NPR, PKR, LKR, PHP, VND, EUR, FIM

CurrencyFair vs Placid 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

Placid 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 Placid Transfer Speeds

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

CurrencyFair vs Placid Languages

CurrencyFair Supported Languages

English, French, German

Placid Supported Languages

CurrencyFair vs Placid Verdict - Which is better?

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

  • CurrencyFair vs Placid Transfer Fees: Transferring money with CurrencyFair costs 0.45% while Placid charges none.
  • CurrencyFair vs Placid Supported Currencies: CurrencyFair deals in over 1, where as Placid offers transactions in 1.
  • CurrencyFair vs Placid Payment Methods: CurrencyFair accepts Bank transfer, debit card, while Placid allows transactions via debit ard, credit card, placid express.
  • CurrencyFair vs Placid Transfer Limits: CurrencyFair allows transfers between £5.00 (or equivalent) and £10,000,000.00 (or equivalent). Placid's range is none to 2900 USD/day, 7000 USD/month, 20000 USD/3 months.
  • CurrencyFair vs Placid Minimum Age for Account Creation: CurrencyFair requires users to be at least 18 years old, where as Placid has a minimum age requirement of 18.
  • Contact Number: You can reach CurrencyFair at +353 1 526 8411 and Placid at 1-718-392-3500.
  • CurrencyFair vs Placid Countries of Operation: CurrencyFair operates in over 1 countries but has restrictions in over 1 countries. Placid serves 1 countries and restricts operations in 1 countries.
  • CurrencyFair vs Placid Client Base: CurrencyFair is used by 150, where as Placid serves 500,000.
  • CurrencyFair vs Placid Year Founded: CurrencyFair was established in 2009 and Placid began its operations in 1895.
  • CurrencyFair vs Placid Customer Rating: CurrencyFair holds a rating of 4, in contrast, Placid has a rating of 3.
  • CurrencyFair vs Placid Headquarters: CurrencyFair has its headquarters at Dublin, Ireland, while Placid is based at New York, US.
  • CurrencyFair vs Placid Employee Count: CurrencyFair employs 99 individuals, where as Placid has a team of 250.
  • CurrencyFair vs Placid Estimated Annual Turnover: CurrencyFair turnover stands at 64,000,000 USD, while Placid boasts a turnover of 20,000,000 USD.
  • CurrencyFair vs Placid Founder: CurrencyFair was founded by Paul Byrne, holding the position of CEO & President. On the other hand, Placid was the brainchild of Marcy Miller,, currently holding the position of CEO.
  • CurrencyFair vs Placid Supported Languages: CurrencyFair offers support in over 1 languages. Placid communicates in 1.

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Screenshots

CurrencyFair Screenshot

CurrencyFair Screenshot

Placid Screenshot

CurrencyFair Screenshot