HiFX vs. Ria for international money transfers | finder.com
FMT featured image

HiFX vs. RIA for international money transfers

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Discover which service has the better fees, exchange rates and more.


HiFX is no longer available through finder.com. Instead, a great alternative we recommend is XE Money Transfer. You can expect a similar experience sending money with XE as most details of the service, such as fees and currencies, are the same as HiFX.

Read our full review of XE Money Transfer or click the Go To Site button on this page to be taken directly to its website.

With money transfer services beating out banks when it comes to international transfers, more are coming on the market. Ria allows transfers to 146 countries and HiFX to more than 170, allowing you to get your money to loved ones with minimal hassle. We’ll put these two transfer giants head-to-head so you can find which is best for your needs.

HiFX vs. Ria: How they work

HiFX and Ria have almost identical processes for transfers. Sign up for an account, fill out your recipient’s information and add your details. Enter the transfer amount, confirm the exchange rate is acceptable — then submit. It’s quick and simple either way.

Who offers lower fees?


You’ll pay $0 in transfer fees when you use HiFX. However, third-party banks may charge fees when you transfer funds to HiFX or when they get to your recipient.


How much money you’re sending, where you’re sending it, how fast you need it delivered and how it’s being received all impact the fee to make a transfer with Ria. The rates start relatively low at just $3.

  • Winner: HiFX

It’s hard to win out against free. With a muddled fee structure, Ria misses the mark against HiFX.

How they compare

I want to send


Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 100 3 - 5 days USD 0.00 0.846 EUR 4,231 Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000. Go to site Show details
$0 3 - 5 days USD 0.00 0.842 EUR 4,212 Transfer up to $500,000 with no minimums and no fees. Go to site Show details

Compare up to 4 providers

Who offers better rates?


The amount you’re transferring, currency and the exchange rates at the time of your transfer will affect the rates you receive. In general, HiFX offers good rates compared to traditional banks.

Here’s an example of USD to EUR:

  • If the mid-market rate is 1 USD = 0.80 EUR
  • HiFX’s exchange rate might be 1 USD = 0.79 EUR


Exchange rates with Ria tend to sit less than 1% from the mid-market rate.

Here’s the same example of USD to EUR:

  • If the mid-market rate is 1 USD = 0.80 EUR
  • Ria’s exchange rate might be 1 USD = 0.79 EUR
  • Winner: It’s a tie

You’ll find that the exchange rates are extremely close between Ria and HiFX, and both rise above competitors.

Who is faster?


Typically transfers take from one to seven business days. This can be broken down into three business days for HiFX to receive the funds and four business days for your transfer to reach the recipient’s bank.


Ria’s minimum transfer time is 15 minutes when you use a debit or credit card for certain transactions. Transactions can sometimes take up to four business days depending on your method of transfer to Ria and from Ria to your recipient.

  • Winner: Ria

Ria pushes ahead with a short turnaround and a low maximum wait time.

Who has more options?

Payment methodsMinimum and maximum transfersDelivery methodsTransfer speedsCountries and currencies
HiFXBank transfer$100 minimum; $500,000 maximumBank transfer1–7 business days170+ countries and territories
RiaBank account, credit card, debit card and cash$1 minimum; $2,999 maximum per day, $7,999 maximum per monthBank account deposit, pickup at a Ria agent location and courier delivery to home or office (limited by location)15 minutes–4 business days146 countries and territories

Case study: Sending $2,000 to Mexico

Let’s imagine you’re sending money to a family member living in Mexico. Here’s what a bank-to-bank transfer might look like using HiFX and Ria.

Transfer fee$0$3
Exchange rate1 USD = 18.42 MXN1 USD = 18.16 MXN
Transfer speed5 days or less4 days or less
Total received36,840.00 MXN36,320.00 MXN

Your family member would get 520 more pesos and you’d save a little money by using HiFX in this example.

Bottom line

Its lack of fees makes HiFX a strong candidate. Ria’s transfer speeds are nothing to cough at though, and the low minimum may be important. But these two are far from your only options. Compare what’s out there to find the service that will meet all of your needs before you decide.

Frequently asked questions

Rhys Subitch

Rhys Subitch is a content creator and editor for finder.com. They specialize in updating information on various pages to keep everything accurate for the readers, and enjoy the time they get to spend researching various topics because of it. Rhys lives with their cat and partner in Seattle. When not working they enjoy working on sewing and other craft projects.

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Privacy and Cookies Policy and Terms of Use.

US International Money Transfers Offers

Important Information*
XE Money Transfer

Transfer up to $500,000 with no minimums and no fees.

WorldRemit International Money Transfers

Use promo code FINDER to send your first transfer at no fee to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First Foreign Exchange

Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for 100+ currencies.

TransferWise International Money Transfers

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

Go to site