Profee Review: Fees, Safety, Alternatives, and More in 2025

Your Comprehensive Guide to Profee Money Transfers

Profee continues to emerge as a reliable and cost-effective money transfer platform in 2025. With strong regulatory credentials, competitive pricing, and a user-friendly interface, Profee ranks among the top choices for international money transfers. Let’s explore Profee’s offerings, its pros and cons, and how it stacks up against competitors like Wise and Remitly.

What We Love About Profee

• Excellent Exchange Rates: Among the best on the market, saving you money on international transfers.
• User-Friendly Platform: A simple, intuitive web interface for seamless navigation.
• Fast Transfer Speeds: Most card-to-card transfers are completed in just minutes.

Areas for Improvement

• Limited Currency Support: Key currencies such as JPY, PHP, TRY, GHS, and ARS are not supported.
• Limited Customer Reviews: As a newer platform, Profee is still growing its user base.

How We Review Money Transfer Services

Our reviews are based on a decade of experience evaluating over 50 providers and conducting 100+ test transfers. We prioritize transparency, accuracy, and usability to ensure our reviews provide actionable insights. Here’s how we approach our evaluations:

• Trust and Credibility: Regulatory compliance and security measures.
• Service Quality: User experience, speed, and support.
• Fees and Exchange Rates: Total costs compared to competitors.
• Customer Feedback: Aggregate user reviews from platforms like Trustpilot.

Is Profee Trustworthy?

Trust & Credibility Score: 8.0/10

Regulatory Compliance

Profee is licensed as an Electronic Money Institution (EMI) by the Central Bank of Cyprus. Funds are safeguarded in segregated accounts, ensuring they remain secure and separate from operational finances.

Security Features

Profee employs robust security measures, including:

• Secure servers and HTTPS protocols.
• Tier-4 data centers for maximum reliability and uptime.

Transparency

While Profee’s fees are transparent, the platform does not fully disclose its exchange rate margins on the homepage, affecting its overall trust score.

How Good Is Profee’s Service?

Service & Quality Score: 8.5/10

Account Setup

Opening a Profee account is quick and straightforward, requiring only basic personal details and a phone number.

Speed of Transfers

Profee’s card-to-card transfers are among the fastest in the industry, with most transactions completed within two minutes.

Customer Support

Profee offers responsive customer support via:

• Phone: Direct helpline for urgent issues.
• Email: For detailed queries.
• Live Chat: Quick responses during business hours.

Supported Currencies

Profee supports over 35 currencies but does not include:

• Japanese Yen (JPY)
• Philippine Peso (PHP)
• Turkish Lira (TRY)
• Ghanaian Cedi (GHS)
• Argentine Peso (ARS)
• South African Rand (ZAR)
• UAE Dirham (AED)

Fees and Exchange Rates

Fees & Exchange Rates Score: 10/10

Profee offers highly competitive pricing for international transfers, making it a standout choice for cost-conscious users.

Cost Structure

• Fixed Fee: Typically around €1 or equivalent per transfer.
• Exchange Rate Margin: Approximately 1% of the transfer amount.

For a €1,000 transfer, total fees amount to approximately €11.10, significantly undercutting traditional banks that charge 3% to 9% for similar transactions.

Comparisons

Profee’s fees are lower than many leading competitors, though platforms like Wise may offer better options for less commonly supported currencies. Compare Profee’s Fees to ensure you’re getting the best deal.

Customer Reviews

Customer Satisfaction Score: 7.7/10

Trustpilot

• Rating: 4.5/5 from over 2,600 reviews.

Google Play Store

• Rating: 3.8/5 from 4,500 reviews.

While most users praise Profee’s speed and ease of use, some have noted its limited currency options as a drawback.

Profee Wallet: Features and Benefits

Profee also offers a multi-currency wallet with an optional prepaid Visa debit card. The wallet includes:

• Contactless Payments: Compatible with Google Pay and Apple Pay.
• Spending Flexibility: Spend online or in-person at competitive exchange rates.
• Card Options: Virtual and physical cards are available (physical cards cost €9.99 for delivery).

Important Update

As of January 2025, Profee’s prepaid Visa cards are temporarily unavailable but are expected to return soon.

Alternatives to Profee

If Profee doesn’t meet your needs, consider these alternatives:

Wise

• Strengths: Transparent fees and a wide range of supported currencies.
• Best For: Large transfers with mid-market exchange rates.

Remitly

• Strengths: Fast transfers and cash pick-up options.
• Best For: Remittances to family members in developing countries.

Revolut

• Strengths: Comprehensive financial services, including currency exchange.
• Best For: Frequent travelers needing a multi-currency wallet.

Frequently Asked Questions

Is Profee Safe?

Yes, Profee is fully licensed and complies with EU regulations, ensuring your funds are secure.

When Was Profee Founded?

Profee was established in 2017.

How Long Do Transfers Take?

Most Profee transfers are completed within two minutes, making it one of the fastest platforms available.

Does Profee Support My Country?

Profee is available to users in the EEA and the UK. Visit Profee’s website for a full list of supported countries.

Is Profee Better Than Wise?

It depends on your needs. Profee excels in speed and card-to-card transfers, while Wise offers greater currency support. Use a comparison tool to find the best fit.

Contact Profee

• Website: Visit Profee
• Email: support@profee.com
• Phone: +357 22 00 00 00
• Live Chat: Available on the website.

Ready to make your next transfer?