Compare Azimo vs UKForex

Azimo Ltd Logo
Trustpilot Rating
Reviews 42,192 | Excellent

Azimo Ltd is an electronic money institution focused on international money transfers. Azimo Ltd offers international payments, international payrolls to natural persons, business entities. In 2019 Azimo Ltd had total assets of 18.34 mln GBP, Azimo Ltd generated net income of -1,449,349.00 GBP. Incorporated in the United Kingdom, Azimo Ltd is authorized and regulated by the Financial Conduct Authority.

UKForex Ltd Logo
Trustpilot Rating
Reviews 4,020 | Excellent

UKForex Ltd is an electronic money institution focused on foreign exchange and international payments. UKForex Ltd offers international money transfers, foreign exchange, e-wallet accounts to individuals, small- and medium-sized businesses, online sellers. In 2019 UKForex Ltd had total assets of 19.86 mln GBP, UKForex Ltd generated net income of 997,869.00 GBP. Incorporated in the United Kingdom, UKForex Ltd is authorized and regulated by the Financial Conduct Authority. UKForex Ltd is doing business as OFX.

Azimo Business Focus
international money transfers
Azimo Products
  • international payments
  • international payrolls
Azimo Clients
  • natural persons
  • business entities

View Azimo Profile +

UKForex Business Focus
foreign exchange and international payments
UKForex Products
  • e-wallet accounts
UKForex Services
  • international money transfers
  • foreign exchange
UKForex Clients
  • individuals
  • small- and medium-sized businesses
  • online sellers

View UKForex Profile +

Compare Money Transfers

Azimo UKForex
Speed0-4 days0-3 days
Amount Range10.00 GBP - 250,000 GBP100 GBP - unlimited
Countries195+ countries197 countries
Currencies150+ currencies55+ currencies
Sending From
  • bank accounts
  • debit cards
  • credit cards
  • bank accounts
  • debit cards (UK GBP)
Receiving To
  • bank accounts
  • mobile phone accounts
  • cash pick-up points
  • bank accounts
Transfer Options
  • one-time payments
  • one-time payments
  • regular payments
  • large amounts transfers
Risk Management
  • forward exchange contracts
  • target rate orders
Make Transfer Make Transfer

Transfer Costs


Transfer Fees
The exact fee can vary based on where you are sending to and from, and the chosen delivery method.


Transfer Fees
Zero transfer fees for all transfers (special offer for registrations from Note: $15.00 standard fee is normally charged for transfers under $10,000 at OFX; there is no transfer fee when transferring over $10,000.
Exchange Rate
OFX delivers competitive exchange rates, so you can save up to 75% on the exchange rate margin and keep more of your money.

Transfer Speed


On average, a transfer with Azimo takes one working day.
The delivery time of a transfer may vary depending on:

  • the country the money is being sent to,
  • the chosen delivery method
  • and the way a sender pays for the transfer.

Payments done by card are a much faster option, as they only take a few minutes to reach Azimo's account.
In order to transfer money quickly, Azimo holds funds in most currencies around the world which means that it can send money instantly to 60+ countries.


OFX's global network of banks allows us to transfer money overseas securely and quickly. Most other major currency transfers may arrive within 1-2 days (from the time OFX receives your funds). While banks require that you submit your money transfer orders during their business hours, OFX operates 24 hours a day, 7 days a week.

Sending Countries


Azimo allows to send money from 25 countries, namely:

GB United Kingdom
SE Sweden
NO Norway
DK Denmark
CH Switzerland
PL Poland
AT Austria
BE Belgium
CY Cyprus
EE Estonia
FI Finland
FR France
DE Germany
GR Greece
IE Ireland
IT Italy
LV Latvia
LT Lithuania
LU Luxembourg
MT Malta
NL Netherlands
PT Portugal
SK Slovakia
SI Slovenia
ES Spain

Receiving Countries


Azimo allows to send money to more than 195 countries.

Sending Methods


Bank Account
A sender needs to transfer the full amount from his/her own bank account into Azimo's bank account. This can be done through online banking, calling the bank, or visiting the bank's branch in person.
Personal Debit and Credit Cards

  • A sender should be using his/her personal card, so that the name on the card should match the name on his/her Azimo account
  • The maximum sending amounts for card payments is around 13,500 EUR
  • Azimo do not accept the following card types:
    • Prepaid cards
    • Virtual cards
    • American Express
    • Miles & More


Debit Cards
Available for Visa debit cards in GBP issued for UK customers.
Bank Accounts

Receiving Methods


Bank Account
Direct to bank is a transfer when the money is delivered straight to the recipient’s bank account in local currency.
Mobile Top-up
Mobile top-up is a transfer where a sender can add credit to the recipient’s local mobile number. Mobile top-ups are usually processed within minutes.
Mobile Wallet
A mobile wallet is an electronic wallet that allows to store, send and receive money on a cleint's mobile phone.
Cash Pick-up
Cash pick-up is a transfer when the transfer's recipient can collect as physical cash from over 200,000 secure pick-up locations around the world.
Home Delivery
Home delivery is a transfer where the money is securely delivered straight to the recipient’s door within 24 hours.


Bank Accounts
OFX supports transfers to bank accounts only.

Available Currencies


AEAED (UAE dirham)
AUAUD (Australian dollar)
CACAD (Canadian dollar)
CHCHF (Swiss franc)
DKDKK (Danish krone)
EUEUR (Euro)
GBGBP (Pound sterling)
HKHKD (Hong Kong dollar)
HUHUF (Hungarian forint)
ILILS (Israeli shekels)
JPJPY (Japanese yen)
MXMXN (Mexican peso)
NONOK (Norwegian krone)
NZNZD (New Zealand dollar)
PLPLN (Polish złoty)
SESEK (Swedish krona/kronor)
SGSGD (Singapore dollar)
THTHB (Thai baht)
TRTRY (Turkish lira)
USUSD (US dollar)
ZAZAR (South African rand)
AZAZN (Azerbaijani Minat)
BGBGN (Bulgarian lev)
BHBHD (Bahraini Dinar)
BNBND (Brunei Dollar)
CNCNY (Renminbi (Chinese) yuan)
CZCZK (Czech koruna)
EGEGP (Egyptian Pound)
FJFJD (Fijian Dollar)
IDIDR (Indonesian rupiah)
ININR (Indian rupee)
KRKRW (South Korean won)
KWKWD (Kuwatiti Dinar)
LKLKR (Sri Lankan Rupee)
MAMAD (Moroccan Dirham)
MGMGA (Malagasy Ariary)
MYMYR (Malaysian ringgit)
OMOMR (Omani Rial)
PEPEN (Peruvian Nuevo Sol)
PGPGK (Papua New Guinea Kina)
PHPHP (Philippine peso)
PKPKR (Pakistani rupee)
RURUB (Russian ruble)
SASAR (Saudi riyal)
SBSBD (Solomon Island Dollar)
SCSCR (Seychelles Rupee)
TOTOP (Tongan Pa anga)
TWTWD (Taiwanese Dollar)
TZTZN (Tanzanian Shilling)
VEVEF (Venezuelan Bolivar Fuerte)
VNVND (Vietnamese Dong)
VUVUV (Vanuatu Vatu)
WSWST (Samoan Talar)
XOF (West African CFA Franc)
XPF (CFP Franc)

Advantages and Disadvantages

Advantages of Azimo Transfers

Fast transfers to 195+ countries
Available for individuals and business entities
Variety of receiving options
Variety of sending options
First two transfers are fee-free

Advantages of UKForex Transfers

Zero transfer fees
Spot and forward contracts
Support for limit orders
Available for individuals and business customers

Disadvantages of Azimo Transfers

Sending money available from Europe only
May not be the cheapest option

Disadvantages of UKForex Transfers

Receiving money to bank accounts only

How Azimo Transfers Work

Login or register
Login or register at Azimo website.
Enter recipient details and amount
Set up the transfer by entering all details yourself or requesting them via Azimo's app.
Pay securely
Visa, Master Card, Maestro and bank transfers accepted.
Transfer processed
Money from our local partner's account is sent to your recipient's bank or cash pick-up point.
Money delivered
Money can be delivered in minutes to a few days, depending how fast your recipient's bank can process it.
Transfer completed
You receive e-mail confirmation.

How UKForex Transfers Work

Register with OFX
Register, get verified and login.
Setup Transfer
Enter your recipient’s bank account details and lock-in your transfer.
Send Funds
Simply send your funds to us via Debit Card (Personal transfer only) or Electronic Funds Transfer and OFX will do the rest.

See Also