Atlantic Money Review 2025: A New Player in Low-Cost International Transfers
Benjamin Clark - 2025-08-29 11:05:10.0 10
When it comes to sending money abroad, digital platforms are challenging traditional providers with lower fees and transparent exchange rates. One of the newest entrants is Atlantic Money, a London-based fintech that positions itself as a low-cost alternative to established players like Wise, Revolut, and Remitly. But how does Atlantic Money really compare, and are there better options for frequent remitters?
What is Atlantic Money?
Founded in 2020 and headquartered in the UK, Atlantic Money markets itself as a disruptor in international money transfers, offering flat fees and access to mid-market exchange rates. Unlike some competitors that charge percentage-based fees, Atlantic Money aims to simplify costs with a fixed transfer charge.
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Headquarters: London, UK
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Launch year: 2020
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Service regions: Currently supports transfers from the UK and EU to multiple countries worldwide
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Target users: Cost-conscious individuals sending larger transfers abroad
Key Features of Atlantic Money
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Flat Transfer Fee – Transfers cost a flat £3 (or €3), regardless of the amount.
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Mid-Market Exchange Rates – Users get the real market rate, without hidden markups.
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Regulated Service – Authorized and regulated by the UK’s Financial Conduct Authority (FCA).
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Mobile-First Platform – Services are app-based, making the experience simple and digital-first.
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Limited Access – Currently, only available to customers in the UK and European Union.
Pros and Cons of Atlantic Money
Pros:
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Transparent, fixed fees (ideal for large transfers)
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Competitive exchange rates with no hidden margins
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Regulated and secure service
Cons:
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Limited availability (UK and EU senders only)
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No cash pickup or advanced payout methods (bank transfers only)
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Fewer supported currencies compared to global competitors
Atlantic Money vs. Panda Remit: Key Differences
| Feature | Atlantic Money | Panda Remit |
|---|---|---|
| Founded | 2020, London | 2018, Singapore |
| Coverage | UK & EU senders only | 37+ sending countries, 40+ receiving regions |
| Fees | Flat £3/€3 per transfer | Fixed low fees, frequent promo discounts |
| Exchange Rates | Mid-market rate | Competitive rates + “Diamond Rate” for frequent users |
| Speed | 1–2 business days | Instant to same-day in many corridors |
| Payout Options | Bank transfers only | Bank accounts, Alipay, WeChat Pay, mobile wallets |
| Customer Support | Limited availability | 24/7 multilingual support |
Final Verdict
Atlantic Money is an innovative solution for UK and EU users who want to send large transfers abroad at a flat cost. However, its restricted regional coverage and fewer payout methods make it less versatile than global competitors.
For those who need fast, flexible, and low-cost transfers to multiple destinations worldwide, platforms like Panda Remit stand out. With transparent pricing, wide coverage, instant transfers, and 24/7 support, Panda Remit offers a more complete solution for today’s international money transfer needs.
