Currency Solutions Review 2026: Fees, Exchange Rates and Is It Good for Sending Money Abroad?

The transfer fee and the minimum

We checked where the charges fall. A transfer under £3,000 carries a flat £10 fee, while anything above £3,000 moves with no transfer fee at all, so the pricing rewards larger amounts.

One rule shapes who it suits. The minimum transfer is £1,000, so small everyday sends are off the table, and the £10 fee on the £1,000 to £3,000 band is a bigger bite on smaller sums.

The real cost is the exchange rate

This is how the firm makes its money. Currency Solutions does not give the mid-market rate; instead it builds a margin into the rate, reported as under 1 percent for private clients against 3 to 5 percent at a high-street bank.

The margin narrows as the amount grows. A larger transfer attracts a tighter rate, and on big sums a dealer may negotiate, which is where the broker model does its best work.

What you cannot see upfront

Pricing here is less open than an app. You cannot get a live, usable rate without registering or calling, so the public figures are indicative rather than a quote you can act on.

We treat the margin figures as a guide. They come from comparison sources rather than a published number, so confirm the live rate with a dealer before you commit a large sum.

We model sending £1,000 to euros, which is the firm's minimum and so its toughest case on cost. On 29 June 2026 the pounds to euros market rate was about 1.1599, so £1,000 is worth roughly €1,160. Rates move daily, so figures are illustrative.

Read it like this. At its £1,000 minimum, the £10 fee and the margin leave about €1,138, roughly €16 behind a market-rate app such as Wise on the same amount.

The picture shifts with size. Above £3,000 the fee disappears and the margin tightens, though a transparent app can still match the spot price, so the broker earns its keep on rate-locking and service rather than beating the rate.

How sending works

Currency Solutions sends money straight to a recipient's overseas bank account, in around 35 currencies. You fund it by UK bank transfer or debit card, and the firm pays out to the beneficiary on the other side.

It is bank-to-bank only. There is no cash pickup and no mobile-wallet payout, so the recipient needs a bank account, and major routes such as euros or dollars settle in about one to two working days.

Where it fits

For a large, planned payment this model suits the moment. Buying in Spain or France, you can see provider options on the send money to Spain page, then weigh a broker against an app.

For small or one-off sends, weigh the minimum. Below £1,000 you cannot use it at all, and a low-cost app handles modest transfers more cheaply. Start with our money transfer reviews.

Locking a rate for the future

We rate Currency Solutions highest on planning a big transfer. A forward contract lets you fix today's rate for a payment up to 24 months away, which protects a property budget from a falling pound.

The trade-off matters. A forward usually needs a deposit of around 5 to 10 percent, and the contract is binding, so you must complete it even if a purchase falls through or the rate later moves your way.

A human on the phone

The other draw is the dealer. Every client gets a named account manager for phone dealing in UK market hours, alongside a website for live quotes, booking transfers and managing beneficiaries.

This suits a first big transfer. Someone navigating an overseas purchase or emigration gets guidance on timing and paperwork, which a purely automated service does not offer.

Who runs it

We read the FCA Register. Currency Solutions Limited is an Authorised Payment Institution under firm reference number 512130, authorised since May 2018, with its forward contracts covered by a separate FCA investment permission.

Both permissions are live. That confirms a regulated UK operation, run from London, and the money is held only briefly to carry out a transfer rather than kept as a stored balance.

How your money is protected

Here the detail matters. As a payment institution, Currency Solutions must safeguard your funds by ring-fencing them in designated accounts at major banks, separate from its own money.

That is not bank cover. It carries no FSCS protection, so the £120,000 guarantee does not apply, and in an insolvency an administrator could take costs from the safeguarded pool before clients are repaid.

The checks you will face

Expect real verification, especially on big sums. The firm runs identity checks and, for large or property-related transfers, asks for proof of where the money came from, such as a solicitor's letter.

Reviewers flag this as friction. The onboarding and source-of-funds checks can feel slow, though they are standard anti-money-laundering practice for a firm moving large amounts.

The reviews worth weighing

We looked at the customer view, and it is warm. On Trustpilot the firm is rated Excellent, with reviewers often naming the dealer who helped them and praising the human guidance on a stressful, high-value transfer.

The grumbles are practical. People cite verification delays, the odd intermediary-bank holdup, and the lack of a mobile app, so keep records of any transfer and plan around the checks.

Getting started. Register online and pass an identity check, uploading a passport or licence if asked. Large transfers also need proof of the source of your funds before they can proceed.

Paying in. Fund a transfer by UK bank transfer or debit card, with no cash or cheques accepted. Online personal transfers are capped per transaction, and your dealer handles anything above that by phone.

Support. A named dealer is your main contact, reachable by phone in UK market hours, backed by a website for quotes and tracking. Note that the firm runs no native mobile app by choice.

We rate Currency Solutions against the services people weigh it against. You can sense-check today's costs across providers with a live comparison of today's rates and fees.

Its closest peers share the model. Our Currencies Direct review and TorFX review cover broker rivals with named dealers and forward contracts, and both add the polished mobile apps Currency Solutions chooses not to build.

For small transfers, an app wins. Our Wise review covers a service at the mid-market rate with a low, clear fee, which beats a £1,000 minimum and a £10 charge whenever you are sending a modest amount. Among fellow UK brokers our Clear Currency, GC Partners, Regency FX and Sable International reviews cover the closest alternatives.

As a broker for large, planned transfers, Currency Solutions earns its rating. It charges no fee over £3,000, keeps its margin under 1 percent, locks rates with forward contracts up to two years ahead and pairs you with a named dealer, backed by strong Trustpilot reviews.

What holds it back is the everyday sender. A £1,000 minimum and a £10 fee punish small transfers, there is no mobile app, pricing is hidden until you register, and your money is safeguarded rather than FSCS-protected.

That balance lands it at 3.5 out of 5. Currency Solutions is an excellent choice for moving a property deposit or an emigration lump sum, and the wrong tool for sending small amounts, so match it to the size of your transfer.