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Rated 3 out of 5 stars

Have been coming to midpoint for a very long time but today the waitresses that looked like a group of kids where stroking a dog inside the restaurant and then thought they was going to bring me out... See more

Rated 1 out of 5 stars

Very bad website. Restricted. Can log on but cannot access my profile after adding my personal details. Comes up with a blank screen asking me to update when I have already added my personal details... See more

Rated 4 out of 5 stars

First time to use Midpoint. Found buy/sell/payee set up a little bit fiddly compared to my regular fx co HiFX. FAQ a must read. Support was first class with immediate and helpful... See more

Rated 3 out of 5 stars

I contacted support a number of times during account set up and they were responsive and helpful. I have done one transfer from UAE Dirham to Euro. They do not have a bank account in the UAE so to fun... See more

Company details

  1. Money transfer service

Information provided by various external sources

Midpoint is the world’s first Peer-2-peer international currency matching platform that always gives customers the mid-market foreign exchange rates. via a patented matching technology. Our fees and rates, available on our website, are clear and transparent. A single flat fee is charged depending on the amount of the transaction and range from 0.3%-0.5%, Midpoint is a public company that is listed on the Toronto Venture Stock Exchange under the ticker MPT and Frankfurt Stock Exchange under 8MH.


Contact info

2.9

Average

TrustScore 3 out of 5

264 reviews

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Rated 5 out of 5 stars

Outstanding service, always.

Efficient, quick and friendly service. It is always a smooth running process with Midpoint, have never had any problems with them. Excellent customer service from Nimit in particular. Would definitely recommend them to anyone.

8 March 2017
Unprompted review
Rated 5 out of 5 stars

Outstanding

Brad and his team are fantastic at what they do. The Customer Service is top notch.

28 February 2017
Unprompted review
Rated 5 out of 5 stars

Great way to transfer money

I would definitely use Midpoint to transfer my funds internationally. The rates are awesome and charges minimal. It is easy to setup. I had one small hiccup when starting up but the staff were really great to deal with and I would not hesitate in recommending them.

29 January 2017
Unprompted review
Rated 5 out of 5 stars

Good service, clear communication, very convenient and reliable if slightly slow

I used the service for a large transfer to cover a house purchase. This required live chat with their agent and I had to go through additional due diligence checks happily it was quite quick and easy as I had the paperwork on hand but it did mean we missed the very best rate on the day. The rate we got was better and fees were less than for a bank transfer for this larger sum. However other services offer better rates for smaller sums. It was very reassuring to get notifications as the money passed through the system but there was a delay between my transferring money in and the release of funds. Overall I'm satisfied with the service and especially the transparency of the operation but would like to see it speeded up slightly.

20 January 2017
Unprompted review
Rated 5 out of 5 stars

Perfect!

This is the perfect service! Swift easy to use and very reliable. So tired of the over-profiteering of other banks. Thank you Midpoint...

18 December 2016
Unprompted review
Rated 5 out of 5 stars

Excellent service

I received a great exchange rate and the transaction was very quick. I will be using this company again.

22 November 2016
Unprompted review
Rated 4 out of 5 stars

Simple way to move money, but not entirely self-explanatory the first time

Following an international relocation, we needed to move some money from US to Germany to re-establish life. Following a fair amount of research, it became apparent that banks were a poor vehicle for non-trivial sums.

The only item that was unclear was the actual process. I suspect that this may be a result of every source/destination country having different rules. In my case, it was simply paying my US bank $45 to wire the dollars to a London bank, and providing the necessary IBAN numbers for my receiving account in Germany. (A quick phone call resolved all questions.)

A little more transparency as to what is happening with the cash would be ideal, particularly when significant sums are involved. While everything was transparent up to the point where the money arrived in London, we then had a 2 day wait where nothing happened. Then another email arrived, stating the money had been dispatched to my German bank. And there, it took another few days before it actually appeared in the account.

Having gone through the experience once, I would use Mid-Point again w/o reservation, and confidently, as I have a better understanding of the general process and Mid-Point's particular process.

8 November 2016
Unprompted review
Rated 5 out of 5 stars

Better price and better service

OK, so it was the first time I was using it because I compared rates and was cheaper than Transfer Wise. The online system was simple enough but got stuck on something (my fault, in retrospect). It is Saturday, that's when u get around sorting your finances. So u email customer service and are angry at yourself for not doing it before. But then - voila! In less than 5mn you get a response- from the CEO! Not only that, he offers to call u to walk u through the system and offer advice on how to deal with your bank. All in all, they fix the rate, offer great pricing (was still checking live rates from competitors) and maintain the price until Monday (and even beyond).

Transaction closes, you save a couple hundred bucks vs closest competitor and CEO still checks that u have got everything in order.

Can't recommend highly enough.

22 October 2016
Unprompted review
Rated 4 out of 5 stars

Very good Deal and fair treatment

I found this team to be helpful and fair.
With time differences between UK and Australia one needs to be patient and allow up to 24 hours for a response to a question. The computerised part of the system went without a hitch. Getting money into USA is slow due to the USA Anti-Money-Laundering laws (my pilot transfer made over a week ago has not yet cleared). This is not something MidPoint can control because I see the same issues happening everywhere in the USA.
I am not impressed by the complex bureaucratic system that has been imposed in the USA following heavy fines on firms like HSBC for 'not knowing their clients'.

10 October 2016
Unprompted review

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