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CurrencyFair VS Monito

Compare CurrencyFair VS Monito and see what are their differences

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CurrencyFair logo CurrencyFair

No bank rip-offs transferring money internationally

Monito logo Monito

Comparison site for international money transfers
  • CurrencyFair Landing page
    Landing page //
    2021-09-22
  • Monito Landing page
    Landing page //
    2023-03-19

CurrencyFair videos

+ Add

Transferwise vs CurrencyFair - Which One Is Better

More videos:

  • Review - Foreign Currency Exchange Easier, and CHEAPER?! [CurrencyFair] (2020) | Expats Everywhere
  • Review - CurrencyFair Review

Monito videos

+ Add

Cheapest way to send money Abroad [ Monito ] 2021

More videos:

  • Review - LG Ultragear Monitor Unboxing | LG Gaming Monitor 240Hz Monito Review

Category Popularity

0-100% (relative to CurrencyFair and Monito)

CurrencyFair

Monito

Online Payments
51 51%
Online Payments
49% 49
Money Transfer
48 48%
Money Transfer
52% 52
Finance
100 100%
Finance
0% 0
International Money Transfers
35 35%
International Money Transfers
65% 65

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare CurrencyFair and Monito

CurrencyFair Reviews

Top 7 Wise Alternatives
Another cost you should be aware of is the receiving bank charges in countries where CurrencyFair doesn’t have a local bank account (they don’t have local bank accounts in Canada and New Zealand yet, so receiving CAD and NZD can be relatively expensive for smaller amounts as the receiving banks charge a fee usually $15 – $30).
Source: transumo.com

Monito Reviews

We have no reviews of Monito yet.
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Social recommendations and mentions

Based on our record, CurrencyFair should be more popular than Monito. It has been mentiond 7 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

CurrencyFair mentions (7)

  • How to buy US based ETFs from outside of the US (SCHD, JEPI etc)
    They only support bank wire transfers or transfers via currencyfair which is cheaper and quicker than a bank transfer. Their conversion rate is really nice (at least for EUR/ USD) but you will be charged an extra 20$ per transaction because of a 3rd party bank that comes into play. Source: over 1 year ago
  • Foreign conversion rates
    Use either Currencyfair https://currencyfair.com/ or Wise https://wise.com/. I have used both and I have a slight preference for Currencyfair for one-off transfer. Source: over 1 year ago
  • $$$ TOP AFFILIATE PROGRAMS 2022 $$$
    CurrencyFair -- Earn €20-200 Per Transfer -- https://currencyfair.com -- Finance. Source: almost 2 years ago
  • Multi currency account ING
    I should be much cheaper for you if you use sites like wise.com or currencyfair.com or other similar. Also change rate in ING might be different for others. Source: over 2 years ago
  • Soon to be US-expat for the first time. Looking for any and all advice.
    In the Netherlands, many places do not accept credit cards. They accept Dutch debit cards, or cash. Cash is not commonly accepted either. It's weird, it's annoying, but I recommend applying for a debit card ASAP upon arrival. ING or ABNAMRO are the primary options, both suck, but it is what it is. The best rate for transferring money has been https://currencyfair.com/ imo. Source: over 2 years ago
View more

Monito mentions (1)

  • South African citizen moving to the Republic of Ireland
    Do you already have an EU bank account, say in Germany? If so, you can simply wire the money to it. If not, wait till you move to Ireland and then wire money to your new Irish bank account. Check monito for what would be the cheapest option. Source: about 1 year ago

What are some alternatives?

When comparing CurrencyFair and Monito, you can also consider the following products

Wise - Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...

Paytm Inbox - Fast and simple messaging service with send/request money

WireSmartly - We are building the skyscanner for international money transfer industry. If you are looking for the best way to send money from the U.S., CA, the UK, or other countries around the world? Use our smart money transfer comparison tool

Valora - Send money like a text message to anyone worldwide

TransferWise Bot - Send money in Facebook Messenger with TransferWise

CurrencyTransfer - Expedia for business money transfers

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