Small World FS Money Transfer Review

Company name: Small World Financial Services Group

Service description: Bank to bank international money transfers and cash pick-up via online platform.

Website address: www.smallworldfs.com

Website Languages: English, German, Spanish, French, Italian, Polish, Dutch and Portuguese.

Review Summary: Small World FS is a payment service provider, offering a secure and quick way to send and receive money to 195 countries worldwide. Funding is done online via debit or credit card.

Recommendation: Similar in terms of friendliness to Transferwise, but a lot more expensive. We do not recommend using it for bank-to-bank transfers simply because of the rates, despite its very friendly and easy to use platform. We do find the company to be excellent in every other respect.


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Small World FS Fees:

SmallWorldFS uses a transparent fee system. That means you can view exactly how much money you will pay and the recipient will get, on their website. The rates and fees vary between different destinations and obviously depending upon whether you fund your transfer online or through a bank transfer, and whether the recipient will receive the funds into his bank account or withdraw them as cash.

Below you can find several live comparisons with have made between Small World FS fees (based on their website) versus other companies. It is definitely true that Small World FS is more diverse than its competition. Regarding cash transfers, it is competing against very expensive services like Western Union and Moneygram (which you can read about here), and the service is still considered expensive compared to its competitors.

From UK to USA

MerchantGBP 1,000.00 to USD Rate Rating
1,278.50 1.2825
CurrencyFair Review
1,281.11 1.2876
TransferWise Review
1,265.66 1.2876
World First Review
1,276.17 1.2813
OrbitRemit Review
1,288.70 1.2887
Small World FS Review
1,276.31 1.2801
WorldRemit Review

From UK to Europe

MerchantGBP 1,000.00 to EUR Rate Rating
1,141.20 1.1442
CurrencyFair Review
1,141.12 1.1469
TransferWise Review
1,127.35 1.1469
World First Review
1,136.64 1.1412
OrbitRemit Review
1,150.40 1.1504
Small World FS Review
1,138.70 1.1421
WorldRemit Review

From UK to Australia

MerchantGBP 1,000.00 to AUD Rate Rating
1,719.50 1.7235
CurrencyFair Review
1,718.34 1.7305
TransferWise Review
1,701.03 1.7305
World First Review
1,712.42 1.7193
OrbitRemit Review
1,614.40 1.6144
Small World FS Review
1,723.66 1.7254
WorldRemit Review

 


Small World FS Supported Currencies:

Australian Dollar

Bangladeshi Taka

Danish Krone

Euro

Fijian Dollar

Indian Rupee

Indonesian Rupiah

Malaysian Ringgit

Nepalese Rupee

New Zealand Dollar

Norwegian Krone

Philippine Peso

Polish Zloty

Pound Sterling

Sri Lankan Rupee

Swedish Krona

US Dollar

Vietnamese Dong


Small World FS Offices:

Small World FS has a total of five local offices with four spread around Europe and one in New York, USA. This means that as a European you will get pretty good support. Things might be slightly different if you’re a customer from Asia, Africa or Australia.

  • London Office

    Parliament House

    12 Salamanca Place, London SE1 7HB

    United Kingdom

  • New York Office

    350 Fifth Ave Suite 1016

    New York, New York 10118

    United States

  • Zurich Office

    Zähringerstrasse, 51

    Rurich, Nordrhein-Westfalen 8001

    Germany

  • World HQ – Madrid

    PS DEL CLUB DEPORTIVO, 1

    Edificio 13 Planta Baja

    Madrid, Madrid 28223

    Spain

  • Bruxelles Office

    Rue des Fripiers, 17 Galerie du Centre loja 34

    Brussels, Brussels Hoofdstedelijk Gewest 1000

    Belgium


Regulation:

LCC Trans-Sending Ltd is authorised by the Financial Conduct Authority under the Payment Services Regulations 2009, registration number 504482 for the provision of payment services.


Small World FS Mobile App:

swfs-androidEveryone wants to tap the ever growing mobile market and SmallWorld makes no exception with the creation of a mobile app for its service for both Android and iOS.

Similar to their browser based service, you can work on the app with the same number of currencies:

Send from: USD, GBP, EUR, CHF, SEK, DKK

Send to: GBP, EUR, USD, NGN, ARS, VEF, PHP, BRL, GHD, COP, CFA, BDT, INR, PLN, DOP, AUD, AED, SEK, DKK, NOK, CHF, CAD, HUF, GEL, TRY, RON, SGD, NZD, HKD, CZK, GBN, MYR, CLP, MAD, PKR, UAH

If you want to check it out on your own, here are the links for Android and iOS.


Registration Process:

The first step in the process of sign up is similar to any other website that requires making an account – adding your personal details like name, e-mail address and a desired password:

1-personal-details

After submitting this information, you will receive an email to the address you provided. Click on the Accept & Confirm link, and you will be redirected to their website to log in to your newly made account.

2-email-validation

When you enter your account information, you will be prompted with message that will let you know that you’re now registered and need to add some more details. For this, simply click the Enter Personal Details button that will open the new form where you will be required to enter your date of birth, phone number, postal code, address and city of residence:

4-finish-registration-process-final-step

And that’s it. The sign up process is done in a matter of minutes and just 3 steps.


News and Articles:

To be updated with all the news about Small World FS, be sure to check out their News section of the website. From time to time, they offer coupon codes that will waive the transfer fee.


Support:

If you have any questions about Small World FS, be sure to visit their Contact us page or you can call them directly on this number:

Customer Service:
44 (0) 20 3198 0387
020 7407 1800


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