FEXCO review

FEXCO covers 165 currencies for international payments, well above the median of 5 across the money transfer brands listed here. That range is the practical limit: if the currency you need to send or receive is not in it, another provider will suit you better.

Delivery depends on the route. FEXCO describes same day delivery on many international payments, while a standard international bank transfer takes longer. Currency coverage shapes what is possible, so check your pair sits inside the 165 currencies handled before you plan around a specific arrival time.

The payments side is run by Fexco Corporate Payments Limited, which holds a payment institution licence. It appears in the Central Bank of Ireland's register as PSD_PI IE_CBI!C55083, and the brand also carries a Financial Conduct Authority registration in the UK, so the service is supervised in both markets.

FEXCO pays out to bank accounts, so the recipient needs bank details rather than a wallet or a cash collection point. Across the site, 43.5% of the brands listed offer cash pickup, so if the person you are paying cannot reach a bank account, weigh another provider.

Support runs on phone and email, which means a phone call or an email rather than an in-app chat window. Phone support is common in this category, offered by 79.5% of the brands on the site, while live chat appears on 40% of them, so expect to pick up the phone for anything urgent.

FEXCO is based in Ireland and has been trading since 1981, with the payments business sitting under Fexco Corporate Payments Limited. That length of record is useful context when you are paying a supplier or sending money to family, because the company behind the transfer is not new to the market.

No, FEXCO is not a bank. It is authorised as a payment institution, a payments licence rather than a banking one. Banks account for 27.5% of the brands on the site, with e-money providers at 39.1% and payment institutions at 33.3%, so FEXCO sits in the largest of those groups.