Wise (TransferWise)
- Fair service fees and mid-market rates – a major market differentiator
- Next-day delivery for most currencies
- Easy-to-use app
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Best international money transfer apps
It's easy to send money overseas with these mobile apps.
Many major money transfer specialists now offer mobile apps that let you send money globally from the convenience of your phone.
We’ve rounded up a selection of the most popular apps from major international money transfer providers, and outlined their pros and cons to help you make a decision about which one is right for you.
At a glance: The best international money transfer apps of 2021:
Wise
Wise aims to make the exchange process as cheap and transparent as possible. The app also lets you set up repeat payments for ongoing transfers.
Features in the app
Live exchange rates | Set rate alerts | Track your transfer |
| Available on iPhone | Available on Android | Available in other languages |
Pros
- No minimum transfer amount
- Uses the mid-market rate
- Transparent with fees
- Can pay with Apple Pay (although paying by card incurs higher fees)
Cons
- No cash pickup
- Not as many currencies as other providers
| Data from 10 April, 2021 | Apple Store | Google Play | |
|---|---|---|---|
| Rating | 4.6 | 4.5 | Average rating: 90% |
| # of reviews | 319 | 115,229 | Total reviews: 115,548 |
Calculate your transfer with Wise
Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
TorFX
TorFX lets you send money in over 40 currencies and is one of the leading money transfer services. You can make personal or business transfers through TorFX and its app comes with a number of features such as transfer tracking and real-time exchange rates.
Features in the app
Live exchange rates | Set rate alerts | Track your transfer |
| Available on iPhone | Available on Android | Available in other languages |
Pros
- Competitive exchange rates
- No added fees
Cons
- Doesn’t offer cash pickup
- Doesn’t accept cash or cheque payments
- App only available in English
| Data from 10 April, 2021 | Apple Store | Google Play | |
|---|---|---|---|
| Rating | / | 4.1 | Average rating: 82% |
| # of reviews | / | 184 | Total reviews: 184 |
Calculate your transfer with TorFX
Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
OFX
With OFX’s app, you can send money to over 190 countries worldwide. The app also has a range of extra features, like being able to set rate alerts that can help you take advantage of the best times to transfer.
Features in the app
Live exchange rates | Set rate alerts | Track your transfer |
| Available on iPhone | Available on Android | Available in other languages |
Pros
- Can monitor current and historical exchange rates
- Track your transfers
- Set rate alerts
- Free transactions
- Better exchange rates than banks
Cons
- Transfers must be above $250
- Doesn’t accept credit card or cash as payment
- App only available in English
| Data from 10 April, 2021 | Apple Store | Google Play | |
|---|---|---|---|
| Rating | 4.7 | 4.5 | Average rating: 90% |
| # of reviews | 49 | 2,720 | Total reviews: 2,769 |
Calculate your transfer with OFX
Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
WorldRemit
The WorldRemit app lets you send money to more than 120 countries around the world. With no minimum transfer amount, WorldRemit lets you take advantage of competitive exchange rates when making your transaction.
Features in the app
Live exchange rates | Set rate alerts | Track your transfer |
| Available on iPhone | Available on Android | Available in other languages |
Pros
- Cash pickup available
- No minimum transfer
- Large range of destinations
- Competitive exchange rates
- Funds can be received through mobile money
Cons
- Limit on how much you can send
- Fees change depending on the amount you transfer
- Not as many extra features as other money transfer apps
| Data from 10 April, 2021 | Apple Store | Google Play | |
|---|---|---|---|
| Rating | 4.7 | 4.2 | Average rating: 84% |
| # of reviews | 244 | 88,291 | Total reviews: 88,535 |
Calculate your transfer with WorldRemit
Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
Western Union
As the world’s largest money transfer company, Western Union is a widely recognised brand. The app offers money transfers to more than 200 countries around the world as well as a map of worldwide agent locations and directions for cash pickups.
Features in the app
Live exchange rates | Set rate alerts | Track your transfer |
| Available on iPhone | Available on Android | Available in other languages |
Pros
- Almost-instant transfers to cash pickup
- Can pay with bank transfer, cash, card or Apple Pay
- Transfers to many currencies
Cons
- Less competitive exchange rates
- Transfer fees to some countries can be significant
| Data from 10 April, 2021 | Apple Store | Google Play | |
|---|---|---|---|
| Rating | 4.2 | 4.4 | Average rating: 87% |
| # of reviews | 545 | 1,379 | Total reviews: 1,924 |
Calculate your transfer with Western Union
Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
How can I compare money transfer services?
A key factor in choosing an app is the service behind it. Compare these features before making your decision.
Exchange rates
Different providers will offer you different exchange rates. It’s generally not the one you’ll see on Google or XE, otherwise known as the mid-market rate. To make a profit, transfer services add on a margin to the exchange rate to cover their own fees. So a provider may have no fees, but a bad exchange rate – this is why it’s important to compare.
Fees
Providers charge fees in either flat rates, percentages or not at all. These fees can also change depending on what you’re sending and how you’re sending it. For example, larger transfers are generally cheaper, while money transfers using your credit card can incur higher fees.
Speed
Sometimes you need to get money to someone fast. Some providers specialise in cash pickup, which means your recipient can pick up the money you send almost instantly. This does come at a higher price, however. If you’re not too fussed with timing, most providers take anywhere between one to four days to deliver the money at a much lower fee.
Bottom Line
You can get more value for your money by comparing both the providers themselves and their apps. Make sure to check with the provider regarding the currency you want to send since fees and regulations can change depending on the country.
Picture: Shutterstock
More guides on Finder
-
Review: TransferMate international money transfers
Learn about how TransferMate’s personal product works and what it can do for you.
-
Ethereum (ETH) price prediction 2021
What affects the value of Ethereum (ETH) and how might the price of ETH fluctuate in the year ahead? Find out in this comprehensive guide.
-
What is Compound Finance?
We explore how to use Compound Finance for lending and borrowing.
-
Top sites to buy dining tables online 2021
We’ve scoured the web and found you the top 6 sites to buy fabulous dining tables. There is free delivery too.
-
The top sites to buy outdoor furniture online 2021
We’ve scoured the web and found you the top seven sites to buy your outdoor furniture online. There is free delivery too.
-
Metamask wallet review and guide
All you need to know about Metamask – the browser extension digital wallet and a user-friendly bridge to the world of Ethereum decentralised applications.
-
Top 8 sites to buy exfoliants online 2021
Pick up a superior exfoliating solution at these top retailers for less with one of our coupons.
-
Top 8 sites to buy moisturiser online 2021
Pick up a superior face moisturising solution at these top retailers for less with one of our coupons.
-
Top 8 sites to buy cleansers and toners online 2021
Pick up superior skincare solutions for less at these top retailers by using one of our coupons.
-
Top sites to buy party supplies online 2021
When it comes to sourcing party supplies online, these retailers have you covered and we’ve got coupons.
Ask an Expert