Starling Bank vs TorFX - Who is better? [UPDATED 2024]

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

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

Starling Bank vs TorFX: Quick Feature Comparison

  1. Visit Starling Bank alternative Starling Bank Visit Starling Bank

    Used By: 2500000
    Currencies Available: 20
    Transfer Fees: 0.4%+local fee
    Payment Methods: standing orders, withdraw money through an ATM machine with a debit card and deposit money via bank transfer
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 25000 GBP/day
    Year Founded: 2014

  2. Visit Starling Bank alternative TorFX Visit TorFX

    Used By: 325,000
    Currencies Available: 39
    Transfer Fees: 1.91%-2.71%
    Payment Methods: chaps, swift, bacs, debit card, cheque
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: 200 USD
    Max Transfer: none
    Year Founded: 2004

Starling Bank vs TorFX: Pros and Cons

Starling Bank vs TorFX
Advantages

Starling Bank Advantages TorFX Advantages
  • Starling Bank is available internationally.
  • Starling Bank has multiple currency options.
  • Starling Bank provides phone customer support.
  • Starling Bank provides email customer support.
  • Starling Bank is available to iOS Apple device users.
  • Starling Bank is available to Android mobile device users.
  • TorFX has been in operation for over 20 years.
  • TorFX operates in numerous international countries.
  • TorFX offers an extensive range of currency options for money transfers.
  • TorFX provides phone support.
  • TorFX offers registered customers email support.
  • TorFX has a Apple iOS app on Apple app store.
  • TorFX offers a Android Google Play Store mobile app.

Starling Bank vs TorFX
Disadvantages

Starling Bank Disadvantages TorFX Disadvantages
  • Starling Bank has no PayPal support.
  • Starling Bank has no Neteller payments support.
  • Starling Bank has no Skrill payment support.
  • Starling Bank does have a mobile digital wallet like some others.
  • No home delivery with Starling Bank.
  • No cash pickups with Starling Bank.
  • No money order support with Starling Bank.
  • No live chat support with Starling Bank.
  • TorFX has no PayPal option.
  • TorFX has no Neteller option.
  • TorFX has no Skrill option.
  • No digital wallets with TorFX.
  • No TorFX home delivery.
  • No TorFX Cash pickups.
  • No TorFX money order option.
  • No TorFX Livechat.

Starling Bank vs TorFX Fees and Other Costs

Fee type Starling Bank Fees TorFX Fees
Transfer Fees 0.4%+local fee 1.91%-2.71%
Min Transfer none 200 USD
Max Transfer 25000 GBP/day none
Payment Methods standing orders, withdraw money through an ATM machine with a debit card and deposit money via bank transfer chaps, swift, bacs, debit card, cheque
Currencies GBP, EUR, USD, BGN, CZK, DKK, PLN, HKD, HUF, MXN, NZD, NOK, QAR, RON, SGD, ZAR, SEK, CHF, THB, TRY EUR, GBP, USD, CAD, AUD, NZD, JPY, ZAR, CHF, AED, BBD, BWP, BGN, CNY, HRK, CZK, DKK, XCD, FJD, HKD, HUF, INR, ILS, KES, MUR, MXN, MAD, TRY, NOK, PHP, PLN, RON, RUB, SGD, LKR, SEK, THB, TTD, UGX

Starling Bank vs TorFX Restricted Countries

Starling Bank 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

TorFX 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

Starling Bank vs TorFX Transfer Speeds

Transfer Speed Starling Bank TorFX
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

Starling Bank vs TorFX Languages

Starling Bank Supported Languages

English

TorFX Supported Languages

Starling Bank vs TorFX Verdict - Which is better?

Which is best out of Starling Bank and TorFX depends on your needs.

  • Starling Bank vs TorFX Transfer Fees: Transferring money with Starling Bank costs 0.4%+local fee while TorFX charges 1.91%-2.71%.
  • Starling Bank vs TorFX Supported Currencies: Starling Bank deals in over 1, where as TorFX offers transactions in 1.
  • Starling Bank vs TorFX Payment Methods: Starling Bank accepts standing orders, withdraw money through an ATM machine with a debit card and deposit money via bank transfer, while TorFX allows transactions via chaps, swift, bacs, debit card, cheque.
  • Starling Bank vs TorFX Transfer Limits: Starling Bank allows transfers between none and 25000 GBP/day. TorFX's range is 200 USD to none.
  • Starling Bank vs TorFX Minimum Age for Account Creation: Starling Bank requires users to be at least 18 years old, where as TorFX has a minimum age requirement of 18.
  • Contact Number: You can reach Starling Bank at 0207 930 4450 and TorFX at 44 (0) 1736 335 250 .
  • Starling Bank vs TorFX Countries of Operation: Starling Bank operates in over 1 countries but has restrictions in over 1 countries. TorFX serves 1 countries and restricts operations in 1 countries.
  • Starling Bank vs TorFX Client Base: Starling Bank is used by 2,500,000, where as TorFX serves 325.
  • Starling Bank vs TorFX Year Founded: Starling Bank was established in 2014 and TorFX began its operations in 2004.
  • Starling Bank vs TorFX Customer Rating: Starling Bank holds a rating of 3, in contrast, TorFX has a rating of 3.
  • Starling Bank vs TorFX Headquarters: Starling Bank has its headquarters at London (GB), while TorFX is based at Cornwall, UK.
  • Starling Bank vs TorFX Employee Count: Starling Bank employs 1,245 individuals, where as TorFX has a team of 100.
  • Starling Bank vs TorFX Estimated Annual Turnover: Starling Bank turnover stands at 125200000, while TorFX boasts a turnover of 20,000,000,000 USD.
  • Starling Bank vs TorFX Founder: Starling Bank was founded by Anne Boden, holding the position of CEO. On the other hand, TorFX was the brainchild of Jon Beddell, currently holding the position of CEO.
  • Starling Bank vs TorFX Supported Languages: Starling Bank offers support in over 1 languages. TorFX communicates in 1.

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Starling Bank vs TorFX Alternatives Guides

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Screenshots

Starling Bank Screenshot

Starling Bank Screenshot

TorFX Screenshot

Starling Bank Screenshot