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Compare international money transfers for your business

Lock in competitive exchange rates for your business and take advantage of low fees.

Using an international money transfer service instead of your bank can save you both time and money when paying international employees or invoices. We break down the best ways for your business to make international payments to help you get back to work quicker and save money on international business payments.

Compare international money transfer services for businesses

Use our comparison calculator to assess transfer fees, exchange rates, transfer speeds and more for your business transfer.

  1. Enter the amount you want to send.
  2. Select the country you need to send to.
  3. Choose Calculate to see rates and fees.
  4. Select Go to site on the transfer that best fits your needs.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 0 3 - 5 days HKD 30.00 0.102 EUR
509
Get help sending business payments 24/7 to over 130 currencies with Western Union. Show details

Compare up to 4 providers

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
1,269
以透明的匯率,低收費及低最低金額的網上服務作匯款。 Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
USD 10 1 - 2 days HKD 25.00 0.127 USD
1,271
新客戶可享有首三個月無限次免手續費匯款。New customers get 3 months of unlimited free transfers.
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。 CurrencyFair has 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
1,282
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。 SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
Go to site Show details
USD 50 1 day HKD 35.00 0.129 USD
1,283
New customers sending over AUD 500 to Australia use code FINDER50 to get AUD 50 off. Valid till 31st May 2021. T&Cs apply. Go to site Show details
USD 1 Within an hour HKD 20.00 0.128 USD
1,280
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,。 WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups. Go to site Show details
GBP 5,000 1 - 2 days HKD 0.00 0.127 USD
1,268
可匯款至20+個國家,無手續費。 CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace. Go to site Show details
USD 2,000 1 day HKD 0.00 0.127 USD
1,268
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。 TorFX sends 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.

Does your business need to send money internationally?

Take a look at the ways you can make and request payments across borders to figure out which is best for your business. Many options are at your disposal, each with their own benefits.

International money transfers for business

Money transfer providers are specialists that can get your funds from A to B at a low cost. And they’ll likely hit your account — or the account of your supplier, contractor or employee — sooner than other options.

Many specialists also offer forward contracts, limit orders and recurring transfers to save you time and money.

  • Best for: Businesses looking to send quick, cost-effective payments and benefit from additional money-saving features.

Business payments for online sellers

For a service that goes beyond directly sending and receiving payments, a business payment account with a money transfer provider may better suit your business’s needs.

One such provider is Wise. Its Borderless program allows you to set up local bank accounts in up to 15 countries so you can pay and get paid as though you were local.

  • Best for: Businesses looking to work with multiple currencies and accounts in multiple countries, all in one place.

International payroll services

When you’re looking to pay your employees, you can potentially get everything handled by an international payroll service. It processes the entirety of your payroll and stays up to date on regulation changes so you don’t have to.

  • Best for: Paying your borderless employees without dealing with local tax laws and payroll regulations.

Bank wire transfer

A bank-to-bank wire transfer may be the most familiar and well-tread path, but it may not be what’s best for your business. International wire transfers often come with steep transfer fees and poor exchange rates. HSBC, for example, could cost 65.00 HKD minimum, while some money transfer services don’t charge a fee at all.

  • Best for: Paying vendors that only accept wire transfers.

Mail a cheque

Failing all other methods, you can mail a cheque. Doing so comes with quite a few drawbacks, including comparatively lackluster security and slow delivery times.

You may also run into low maximum amounts for international money orders if you decide to use HK Post.

  • Best for: Times when no other option is available.

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Why should I compare my options beyond my bank?

For business owners, time can sometimes be more valuable than money. You may think that because it handles your other finances, your local bank is the simplest option when sending money overseas. In truth, international money transfers are no longer a game for only tried-and-true players like banks. Newer companies promise to undercut the competition to earn your business.

Let’s crunch the numbers: Sending a $100,000 business transfer to France

Let’s say you need to send $100,000 to a supplier in France. Here’s what you might face as far as fees and exchange rates as of 11 April, 2021.

Money transfer serviceMajor HK bank transfer
Fee$0$65 + additional correspondent bank fees
Exchange rate1.00 HKD = 0.1078 EUR1.00 HKD = 0.1072
Transfer speed1 business day2-5 days
Amount received10,777.24 EUR10,720.18 EUR
Verdict
  • Better value and faster
  • Slower and more expensive

The bank option is both slower and more expensive when paying your supplier in France. If you went with the money transfer service, not only would your recipient get the money faster, you’d also save more than €57 thanks to stronger exchange rates and lower fees.

Banks may seem like the more convenient option, but once you get an account setup with a money transfer company you can send money with a few clicks.

How can I receive international payments?

How you set up to receive funds is going to depend on what type of service you go with. Banks are likely to give you the option to open the account and get started in-person, while a dedicated money transfer service will probably have less physical locations. You’ll likely also have the options of opening an account over the phone or online.

The process is a bit more involved for business accounts, so set aside at least a half-hour in most cases to get through the entire application. Make sure you have your personal details, business information and any relevant financial information you may need. You may also want to consider setting up a remittance address to receive payments at.

We know you are busy, but don’t worry. We did a lot of the work for you and compared some of the best payment processors.

Bottom line

While there’s no one perfect product for making international business payments, knowing how to evaluate solutions and find the best one for your business goes a long way. Compare international money transfer providers to get more details on the services they provide, how to better measure them against one another and what to do once you choose one.

Frequently asked questions

Can I monitor the progress of my funds?

Nearly all money transfer services provide a unique transaction ID that you can use to check the status of your funds. In most cases, you can do this online or by phone.

Can I set up regular payments?

Yes, many banks and transfer companies offer the convenience of recurring transfers.

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