Compare some of the best international money transfer services

How to get the most competitive rate, the lowest commission and the quickest international money transfers.

Last updated:

Are you looking for a way to send money overseas? We compare a number of financial institutions that offer some of the best deals on international money transfers in the market. Read on for tips about how to find the best deal you can get.

TransferWise International Money Transfers

International Money Transfer Offer

Make your dollar go further by getting the real exchange rate on all transfers with TransferWise.

  • Government regulated
  • Supports 45+ currencies
  • Uses the mid-market rate

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    USD 10 1 - 2 days HKD 140.00 0.129 USD
    1,272
    以透明的匯率,低收費及低最低金額的網上服務作匯款。 Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details
    USD 5 1 - 2 days HKD 25.00 0.128 USD
    1,274
    可用15+種貨幣匯款,享有超越銀行的匯率以及快速轉賬時間。 Get bank-beating exchange rates and fast transfer times on 15+ popular currencies. Go to site Show details
    SGD 1 1 day HKD 42.00 0.129 USD
    1,285
    你首兩次港幣$15,000或以下的匯款,手續費全免。Pay no fees on your first two transfers, up to HK$15,000.
    象徵式收費以及中間價匯率,可匯款至高達30多個國家。 Transfer money to over 30 countries with nominal fees and the mid-market exchange rate.
    Go to site Show details
    USD 50 1 day HKD 35.00 0.129 USD
    1,285
    快捷又簡單的國際匯款服務,大部分匯款收取固定的0.5%手續費。部分貨幣更不設保證金率。 Quick and simple international money transfers with a flat 0.5% transfer fee for most transfers. Zero-margin rates on some currencies. Go to site Show details
    USD 1 1 day HKD 0.00 0.128 USD
    1,285
    非Finder客戶將獲得較昂貴的匯率。 Better exchange rates for Finder customers.
    可用超過130種貨幣匯款。 Send money in more than 130 currencies.
    Go to site Show details
    USD 1 Within an hour HKD 20.00 0.128 USD
    1,282
    提供現金提取、銀行戶口之間轉賬與及Airtime匯款選擇的網上匯款服務,。 An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
    USD 100 1 day HKD 0.00 0.128 USD
    1,285
    非Finder客戶將獲得較昂貴的匯率。 Better exchange rates for Finder customers.
    可用45種貨幣匯款。 Send money in 45 currencies.
    Go to site Show details
    GBP 5,000 1 - 2 days HKD 0.00 0.128 USD
    1,285
    可匯款至20+個國家,無手續費。 Transfer money to 20+ countries with no transaction fees. Go to site Show details
    USD 2,000 1 day HKD 0.00 0.128 USD
    1,285
    TorFX保證提供最佳的匯率。需受條款約束。TorFX guarantees to match any competitor's exchange rate.
    以30種貨幣匯款到全球。登記後,將會有一個客戶經理提供支持和引導。Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.
    Go to site Show details

    Compare up to 4 providers

    Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

    How to find the best exchange rate

    Exchange rate information is for the most part readily available online. Banks publish their rates daily and large financial institutions all have online calculators that make it easy to see what they’re offering. You’ll find it’s less than what you can get from a non-bank international money transfer service. Peer-to-peer (P2P) international payments can give you near the market rate; however, you’re still going to pay a margin on the rate plus a commission.

    Best-rate guarantees and price promises

    TorFX offers a best-rate guarantee on international money transfers. Just send a photo or a copy of a competitor’s quote and TorFX will beat it – up to the market rate. The sign-up process for TorFX is more involved than some other companies. For example, TransferWise lets you sign up using Facebook, but TorFX needs to see some paperwork before your registration is complete.

    Travelex offer something similar called the International Payments Price Promise, which guarantees the best overall quote on international money transfers. You have to contact Travelex within 30 minutes of finding a better deal from a competitor. Like TorFX, Travelex have a two-step process to sign up. You can make on-the-spot payments before you speak to Travelex over the phone to complete your registration.

    Bank and non-bank USD/ HKD comparison

    ServiceXE.comTransferWiseHSBCDBS
    Rate7.818657.81907.8567.8351

    *08:35pm 06 Jan 2018

    Tip:

    Some online calculators quote the interbank rate and give you an example figure only. The actual rate you get is shown when you’re given a full quote.

    How to find the lowest commission

    There are money transfer companies that won’t charge you a commission, although these institutions may include a bigger margin on the exchange rate. Compare the exchange rate of the following no-commission international payment companies.

    No commission

    • TorFX
    • Citibank Global Transfers
    • HSBC Premier Banking
    • OFX – finder exclusive deal

    First transfer free

    • World First
    • CurrencyFair – finder first transfer free
    • Western Union

    Low transfer fee

    • 1st Contact Forex gives you every fifth transfer for free.
    • TransferWise also gives a good rate and charges 2.5% of the amount fee thats covered and an addition HKD$ 20.
    • InstaReM

    Free global transfers using local banks in Hong Kong

    If you have a HSBC Premier or HSBC Advance account, you can make free international money transfers to overseas HSBC accounts in over 30 countries with no transfers fees. Similarly with Citibank, instant fund transfers are available to overseas Citibank accounts in 19 countries.

    Check with your bank to make sure you fit the requirements for waived international money transfers.

    How to find the transfer speed you want

    Many of the money transfer companies we compare can send money overseas at a good rate and a good price, but the process will take a couple of days.

    There are three companies that can send money overseas that is ready to collect in just minutes. If you need to get emergency cash overseas quickly, WorldRemit, Western Union and MoneyGram are the companies to compare. They have the highest transfer fees and you can find a better rate elsewhere; however, Western Union and MoneyGram have hundreds of thousands of cash collection points all over the world.

    Back to top

    How to find the money transfer features you want

    Different companies have different strengths. For example, Western Union is good for speed and accessibility and not so good on fees; whereas a company such as TorFX can help with purchasing overseas property and immigrating to another country.

    If you’re looking for more transfer options, such as market and limit orders, you can have a look at these companies.

    • TorFX
    • 1st Contact Forex
    • FC Exchange
    • Currency Solutions
    • WorldFirst
    • OFX
    • Mercury FX

    If you’re looking for business international money transfer services, you can consider these companies.

    • 1st Contact Forex
    • TorFX
    • WorldFirst
    • OFX
    • TransferWise
    • PayPal
    • Mercury FX
    • InstaReM

    Compare business international money transfers

    If you want to make regular international money transfers, you can have a look at these companies.

    • TorFX
    • OFX
    • Currency Solutions
    • UAE Exchange
    • Mercury FX
    • InstaReM
    Back to top

    Where are you sending money to?

    Read specific information to find the best way to send money to different countries on this page. From Afghanistan to Zimbabwe, find out which companies support which currencies as well as Western Union locations and more.

    How to compare international money transfer companies

    • Transfer fee. The price of the international money transfer.
    • Exchange rate. The rate of exchange between Hong Kong dollars and the foreign currency.
    • Transfer speed. The time it takes for the money to reach the recipient. Transfer time ranges from minutes to half a week.
    • Payment methods. Can you pay using your credit card or debit card?
    • Collection options. Do you have the choice of collecting the money as cash or having it deposited into a bank account?
    • Customer service. Can you contact a customer service representative if you have a question about your international money transfer?

    If you have any questions about comparing international money transfer companies, get in touch with us using the form below.

    This article discusses how to get the best exchange rates while sending money overseas. The use of the term “best” does not refer to product ratings and are subject to our disclaimer. Exchange rates mentioned in this article are validated at the time of publishing and may vary with time.

    Read more on this topic

    • 如何匯款至越南 教你如何安全,經濟地從香港匯款到越南。比較國際匯款服務,在匯率及手續費上節省。
    • 如何匯款至新加坡 教你如何安全,經濟地從香港匯款到新加坡。比較國際匯款服務,並從匯率及手續費上替你節省。
    • 如何匯款至斯里蘭卡 教你如何安全,經濟地從香港匯款到斯里蘭卡。比較國際匯款服務,從中匯率及手續費上節省。
    • 如何匯款至南韓 教你如何從香港匯款至南韓。比較國際匯款收費及其他因素,令你可以作出精明選擇。
    • 如何匯款至台灣 如何划算地又安全地匯款至台灣?立即比較國際匯款服務,幫你慳匯款差額及手續費。
    • 新冠肺炎肆虐期間的匯款指南 新冠肺炎肆虐,對匯款至海外有何影響?
    • Sending money internationally during the coronavirus pandemic Learn about how COVID-19 may affect the ways you transfer cash around the world.
    • 如何匯款至馬來西亞 教你從香港匯款到馬來西亞的指南。比較安全而低手續費、最優惠匯率的服務。
    • Hong Kong remittance statistics Hong Kong sent $17.121 billion (USD) in remittances in 2017, while it received significantly less, at just $430 million. So where is it going? Finder unpacks World Bank data to find out.
    • Finder's Starbucks Index Ever wondered how much a Starbucks tall latte costs around the world? And what does that say about the value of currency? Finder's Starbucks Index 2019 delves into the data to find out.
    Go to site