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Azimo Review: Is it safe? How does it work? What are the rates?

How can you use Azimo to send money abroad? Is their service reliable? Can you trust Azimo with your money? How good are their fees and exchange rates?

    Our independent review of Azimo

    Last updated November 23, 2018
    Written by Laurent Oberholzer

    Azimo offers a digital alternative to traditional cash-based money transfer operators to send money abroad. Azimo’s sleek website, Android and iOS mobile apps allow you to send money conveniently from anywhere and at any time. You can pay for your transfer by making a local bank transfer, with your debit or credit card, or with an online direct payment method such as SOFORT Überweisung.

    What makes Azimo stand out are the number of countries you can send to and the breadth of ways your money can be delivered. With Azimo, you can send money to over 190 countries around the world in 80 different currencies. The money can be received in a variety of ways, such as the traditional cash pickup in over 270,000 locations or credit to a bank account of over 20,000 banks, to sending to a mobile wallet or having cash delivered at your recipient’s home.

    Azimo is a great choice for migrants sending money back to their home country. Azimo’s service is translated in 10 different languages, so there’s a good chance that you can use them in your mother tongue. Their fees and exchange rates make them considerably cheaper than banks or money transfer operators in most cases. They have served hundreds of thousands of customers, who have left them excellent reviews on Trustpilot.


    What we like about Azimo

    • Send money to 190+ countries

    • Several pay-out methods

    • Available in 10 different languages

    • Excellent reviews on Trustpilot

    What we dislike about Azimo

    • Not always the cheapest provider

    • Currently only available in Europe

    Compare Azimo's fees and exchange rates

    Country from
    United Kingdom
    Country to
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    You send

    How Azimo works

    Open an account

    Visit Azimo's website and open a free account

    Enter the details about your recipient

    Tell Azimo where you need to send money and to whom.

    Set-up your transfer with Azimo

    Enter how much money you want to send and how you want to pay for your transfer.

    Pay for your transfer

    Fund your transfer by making a local bank transfer or pay by debit or credit card

    Let Azimo do the rest

    Azimo will convert your money in the recipient's currency and send it to him through the selected pay-out option.

    Fees & Exchange Rates

    Fees & Exchange Rates 7.5/10


    Azimo is often the cheapest option

    This indicator is based on the percentage of searches on Monito for which %PSP% is the cheapest provider


    Azimo has very competitive fees and exchange rates

    This indicator is based on the percentage of comparisons on Monito in which %PSP% offers a competitive pricing (taking into account the pay-in and pay-out options as well as the amount).


    Azimo offers special promotions for Monito users


    Monito can access real-time pricing information from Azimo


    The points above are added to calculate the "Fees & Exchange Rates" score of Azimo, who scores 7.5 points on a maximum of 10 points.

    Transfer fees: Azimo charges flat or variable fees depending on which countries and currencies you’re sending between, as well as the pay-in and pay-out methods you choose.

    Exchange rates: The exchange rate offered by Azimo will depend on the pay-out method you choose. The exchange rate is locked in advance, so that you know exactly how much money will arrive.

    Other fees: Since Azimo uses local accounts to collect and disburse funds, there should be no fees charged by the sending or receiving banks, and no intermediary bank fees. However, there is a 2.99% fee for paying by credit card.

    Country from
    United Kingdom
    Country to
    Select a country
    You send

    Ease of Use

    Ease of Use 8.8/10


    A lot of Monito users going to Azimo end up making a transfer with them


    Azimo's homepage is clear and very easy to understand


    It's very easy to open an account with Azimo


    Setting up your transfer is quick and easy


    It's easy to sign up and make a transfer both on mobile and desktop


    The points above are added to calculate the "Ease of Use" score of Azimo, who scores 8.8 points on a maximum of 10 points.

    Credibility & Security

    Credibility & Security 8.3/10


    Azimo is fully licensed and authorized


    Azimo has many positive customer reviews


    A very large number of customers already trust Azimo


    Azimo employs a very large number of employees


    Azimo has already transferred between 1-5 billion USD for their customers


    Azimo has been mentioned in countless recognized media outlets


    Azimo is part of Monito's network of trusted partners


    Azimo is a long-established company


    The points above are added to calculate the "Credibility & Security" score of Azimo, who scores 8.3 points on a maximum of 10 points.

    Azimo is a licensed Authorised Electronic Money Institution, which means they are regulated by the FCA (Financial Conduct Authority) and HMRC (Her Majesty's Revenue and Customs) in the United Kingdom. They offer institutional grade security for their service, including 256-bit SSL encryption with a 2048-bit signature.

    As per FCA regulations, clients’ funds are held in segregated accounts, and are therefore kept completely separate from Azimo’s own business accounts. This means that your money is safe should the company have any financial difficulties.

    Furthermore, Azimo offers a 100% Money Back Guarantee, and will reimburse you the full amount of your payment should your payment be cancelled or refused for any reason.

    Azimo employs 90 people across its UK and Poland offices. Employees give the company a 4.5 star rating on the employer review site Glassdoor, and describe Azimo as “FinTech with a heart”, a “great fintech company” where you “truly have the opportunity to make a difference”.

    Azimo has raised over $45M dollars from various investors around the world. This has helped the company establish what it claims is one of the world’s largest digital money transfer networks, allowing Azimo to send money to up to five billion people worldwide.

    Authorised by the UK Financial Conduct Authority (FCA) 
    Firm Reference : 900220

    Service & Coverage

    Service & Coverage 7.5/10


    Azimo allows you to send money from an average number of countries


    Azimo allows you to send money to a lot of different countries


    Azimo is available in many different languages


    It is possible to pay for your transfer by local bank transfer


    It is possible to pay for your transfer by credit/debit card


    Azimo doesn't offer additional pay-in options


    It is possible to send the money to your recipient's bank account


    The money can be delivered to a cash pick-up location


    The money can be sent to a mobile phone (airtime top-up or mobile wallet)


    Azimo doesn't offer a bill payment service


    Azimo doesn't offer additional banking features


    Azimo doesn’t offer a multi-currency debit card


    Azimo offers guaranteed exchange rates


    It is not possible to set up repeating transfers / standing orders


    There is no minimum amount (or very low)


    There is no maximum amount (or very high)


    The points above are added to calculate the "Service & Coverage" score of Azimo, who scores 7.5 points on a maximum of 10 points.

    Customer satisfaction

    Customer satisfaction 8.1/10


    Azimo has a very high percentage of excellent customer reviews


    Azimo has a very low percentage of negative customer reviews


    Azimo has a very high number of positive customer reviews


    The points above are added to calculate the "Customer satisfaction" score of Azimo, who scores 8.1 points on a maximum of 10 points.

    Azimo has excellent customer reviews on Trustpilot, with a 91% satisfaction rate among the 21,200+ customers who have given their feedback. Here’s a summary of what Azimo customers have to say:


    • Customers were very satisfied with how fast their money was delivered
    • Using Azimo is an easy, uncomplicated and pleasant experience
    • Exchange rates are good and fees are low
    • Azimo is reliable and trustworthy


    • A few customers experienced delays in their transfers
    • Azimo’s customer service was sometimes a bit slow
    • On very rare occasions, customers had issues with Azimo’s pay-out partner in the receiving country (e.g. wrong address or poor service)

    Customer support

    Customer support 7/10


    The FAQ and help center of Azimo are easy to understand


    Azimo has a live chat available to all


    Azimo offers email support (even to noncustomers)


    Azimo doesn't offer phone support


    It's very easy to get in contact with Azimo


    The FAQ and help center are translated in all languages


    Monito cannot contact Azimo on behalf of our users


    The points above are added to calculate the "Customer support" score of Azimo, who scores 7 points on a maximum of 10 points.


    Transparency 5.8/10


    The exchange rate margin makes up a significant share of the total cost of your transfer


    It's very easy to understand the fees of Azimo


    Azimo’s exchange rate margin is not properly disclosed


    A real-time quote can be obtained without registering


    Azimo applies the same fees and exchange rates to all customers


    The pricing information of Azimo is made available to Monito


    The points above are added to calculate the "Transparency" score of Azimo, who scores 5.8 points on a maximum of 10 points.

    The story behind Azimo

    Azimo was founded in 2012 by Michael Kent and two Polish migrants in the UK, Marta Krupinska and Marek Wawro. Michael Kent, Azimo’s CEO and an industry veteran, previously co-founded one of Europe’s largest offline money transfer companies, Small World Financial Services.

    The founders saw an opportunity to provide migrants with a much cheaper way to send money home through a digital-only service, which is why they launched Azimo.

    With headquarters in London and an office in Krakow, the company now employs 90 people and has raised over $45M dollars.

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    • Why you can trust Monito's reviews

      Monito's mission is to help you (and thousands of others each day) find the best providers for your money transfers.

      We do that by providing real-time comparison of exchange rates and fees (you can use the form below to make a comparison) and by writting in-depth reviews about money transfer providers.

      We have partnerships with many money transfer providers (Azimo included), which help us get access to their exchange rate and fees information (which we always check for accuracy). Those partnerships help us support our activity and offer our service for free.

      We put a lot of efforts to review money transfer providers like Azimo in details and based on objective and verifiable criteria. A good example of that is the in-depth User Experience Benchmark Study we conducted in August 2018.

    Compare Azimo to 300+ other providers

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    Questions you may have

    Read our guides on sending money abroad