- It’s fast
- Offers cash pickup
- Receive text updates
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Online money transfer services offer some of the fastest ways to transfer money to someone in cash or for direct deposit in an emergency – but which provider you should use depends on how much you’re sending and how quickly you need it to arrive.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
There may be occasions where you need to get money to friends or family in an emergency. In most cases, the fastest way to send money internationally is by using an online money transfer company.
Some money transfer services allow you to send funds almost instantly, with the recipient able to collect in cash or via a bank deposit. Apart from the speed, another advantage of using online transfer services is that you can easily compare fees and exchange rates and choose the most favourable for your transaction. To learn more about how exchange rates are calculated, take a look at exchange rates explained.
WorldRemit is entirely online, which means you can access it from the convenience of your computer or via its app. Your fastest option would be to use mobile money (if available) or cash pickup at a WorldRemit agent location. If you need to find a cash pickup location for WorldRemit you can check out our locations guide.
You’ll need to sign up for a free account with WorldRemit. You’ll also need to provide your personal information, the transaction details and your payment information.
WorldRemit will confirm the transaction with both you and your recipient by email or text and notify you when the funds are received or picked up. If you have any problems, you can contact customer service 24/7 at 888-772-7771 or online through live chat.
MoneyGram is the second-largest provider of international money transfers in the world. It has an extensive network of 350,000 agent locations in more than 200 countries. Your fastest option is to pay with a credit or debit card (or with cash at an agent location) and choose the cash pickup option. In some countries, you could even use the mobile wallet option.
Once the money transfer is complete, the receiver can visit their nearest MoneyGram location to collect it. Remind them to bring along their reference number (which is included in the confirmation emails for online transfer) and ID for pickup. If you have a problem, contact customer service through the site or toll-free at 800-666-3947.
Western Union has 500,000 agent locations in 200 countries, making it the largest provider of international money transfers in the world. As with MoneyGram, your fastest option is to pay by debit or credit card for cash pickup.
You’ll receive a unique Money Transfer Control Number with your confirmation. You can track your transfer online with this number. If you have any problem, contact customer service 24/7 at 800-325-6000 or through the online form on Western Union’s site.
There are several factors that can affect how fast your intended recipient receives their transfer, and they are worth keeping in mind if you need to send money in an emergency.
Fees for emergency transfers will vary among banks and money transfer services. Before you make your transfer, try to compare the following:
Compare diverse options to send money overseas and determine which pick is the best fit for your transfer.
See how the payment industry giant stacks up against Canadian banks for fees, exchange rates, transfers speed and more.
Find out how to buy a car overseas by sending a safe and affordable international money transfer.
Find out if Wyre money transfer and crypto payment solutions are available in Canada, and compare other money transfer services for businesses.
Sending a payment to a company but not sure which address to use? Find out about billing addresses (also known as remittance addresses) in this guide.
Compare this well-known global payments giant to newer transfer service, Remitly, to see which is better for fees, exchange rates and transfer speed.
We compare these international money transfer services to see which has lower fees, better exchange rates and faster service.
Sending an international money transfer or wire transfer to a bank in Mexico? Find SWIFT codes for banks in Mexico here.
Which company offers the better international money transfer services: Western Union or Ria? Compare fees, exchange rates and speed to find out.
Learn more about how to find the best exchange rate for USD to CAD money transfers.
You must be logged in to post a comment.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.