Wise vs Currencies Direct - Who is better? [UPDATED 2024]

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

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

Wise vs Currencies Direct: Quick Feature Comparison

  1. Visit Wise alternative Wise Visit Wise

    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

  2. Visit Wise alternative Currencies Direct Visit Currencies Direct

    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

Wise vs Currencies Direct: Pros and Cons

Wise vs Currencies Direct
Advantages

Wise Advantages Currencies Direct Advantages
  • Wise has been serving clients for over 13 years
  • Wise is well rated among clients.
  • Wise is available internationally.
  • Wise has multiple currency options.
  • Wise provides phone customer support.
  • Wise provides email customer support.
  • Wise is available to iOS Apple device users.
  • Wise is available to Android mobile device users.
  • Currencies Direct has been in operation for over 29 years.
  • Currencies Direct boasts a high rating for sending money.
  • Currencies Direct operates in numerous international countries.
  • Currencies Direct offers an extensive range of currency options for money transfers.
  • Currencies Direct provides phone support.
  • Currencies Direct offers registered customers email support.
  • Currencies Direct has a Apple iOS app on Apple app store.
  • Currencies Direct offers a Android Google Play Store mobile app.

Wise vs Currencies Direct
Disadvantages

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

Wise vs Currencies Direct Fees and Other Costs

Fee type Wise Fees Currencies Direct Fees
Transfer Fees 0.5%-1% none
Min Transfer US$1.00 none
Max Transfer US$1,000,000 (varies based on currency) 25000 GBP
Payment Methods Bank transfer, debit card, credit card, SOFORT transfer Bank transfer, debit card
Currencies AED, AUD, BGN, BRL, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, INR, JPY, MYR, NOK, NZD, PLN, RON, TRY, SEK, SGD, USD, ARS, BDT, BWP, CLP, CNY, COP, CRC, EGP, GEL, GHS, ILS, KES, KRW, LKR, MAD, MXN, NGN, NPR, PHP, PKR, RUB, THB, UAH, UGX, UYU, VND, XOF, ZAR, ZMW AUD, CAD, DKK, EUR, HUF, INR, JPY, MUR, MAD, NZD, NOK, PLN, RON, SGD, ZAR, SEK, CHF, THB, AED, USD, HKD, RMB

Wise vs Currencies Direct Restricted Countries

Wise Country Restrictions

North Korea

Currencies Direct 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

Wise vs Currencies Direct Transfer Speeds

Transfer Speed Wise Currencies Direct
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

Wise vs Currencies Direct Languages

Wise Supported Languages

English, French, German, Hungarian, Japanese, Polish, Portugese, Romanian, Russian, Spanish, Turkish

Currencies Direct Supported Languages

Wise vs Currencies Direct Verdict - Which is better?

Which is best out of Wise and Currencies Direct depends on your needs.

  • Wise vs Currencies Direct Transfer Fees: Transferring money with Wise costs 0.5%-1% while Currencies Direct charges none.
  • Wise vs Currencies Direct Supported Currencies: Wise deals in over 1, where as Currencies Direct offers transactions in 1.
  • Wise vs Currencies Direct Payment Methods: Wise accepts Bank transfer, debit card, credit card, SOFORT transfer, while Currencies Direct allows transactions via Bank transfer, debit card.
  • Wise vs Currencies Direct Transfer Limits: Wise allows transfers between US$1.00 and US$1,000,000 (varies based on currency). Currencies Direct's range is none to 25000 GBP.
  • Wise vs Currencies Direct Minimum Age for Account Creation: Wise requires users to be at least 18 years old, where as Currencies Direct has a minimum age requirement of 18.
  • Contact Number: You can reach Wise at 44 20 7033 0296 and Currencies Direct at 44 (0) 20 7847 9400.
  • Wise vs Currencies Direct Countries of Operation: Wise operates in over 1 countries but has restrictions in over 1 countries. Currencies Direct serves 1 countries and restricts operations in 1 countries.
  • Wise vs Currencies Direct Client Base: Wise is used by 11,000,000, where as Currencies Direct serves 325.
  • Wise vs Currencies Direct Year Founded: Wise was established in 2011 and Currencies Direct began its operations in 1995.
  • Wise vs Currencies Direct Customer Rating: Wise holds a rating of 4, in contrast, Currencies Direct has a rating of 3.
  • Wise vs Currencies Direct Headquarters: Wise has its headquarters at London, UK, while Currencies Direct is based at London (GB).
  • Wise vs Currencies Direct Employee Count: Wise employs 2,243 individuals, where as Currencies Direct has a team of 276.
  • Wise vs Currencies Direct Estimated Annual Turnover: Wise turnover stands at 27000000, while Currencies Direct boasts a turnover of 257,000,000 USD .
  • Wise vs Currencies Direct Founder: Wise was founded by Venkatesh Saha, holding the position of CEO. On the other hand, Currencies Direct was the brainchild of Leo Markides, currently holding the position of Chief Operating Officer.
  • Wise vs Currencies Direct Supported Languages: Wise offers support in over 1 languages. Currencies Direct communicates in 1.

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Screenshots

Wise Screenshot

Wise Screenshot

Currencies Direct Screenshot

Wise Screenshot