Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Same-day money transfers

Send cash to another country within 24 hours from the comfort of your home.

Online money transfer companies offer a secure way to send money across borders almost instantly — but a tighter time frame usually means higher fees.

What are same-day international money transfers?

A same-day money transfer allows you to send funds abroad that will arrive with your beneficiary within 24 hours. It’s the same as any other overseas money transfer, but quicker. Also, some providers are able to offer instant transfers.

However, fast transfers usually cost more than regular transfers thanks to high fees and poor exchange rates.

What are my options for same-day overseas transfers?

Three main ways exist to transfer money overseas on the same day:

Blue icon representing money transfers Image: Infogram

Digital money transfer services

Companies like OFX and CurrencyTransfer specialise in foreign currencies, making them some of the most cost-effective transfers. These services are found online and typically have no physical offices.

You’ll need to visit a provider’s site and initiate the transfer online using a debit card, credit card or bank account.

Picture not described: BlueCoinsCashIcon_Infogram_94x62.png Image: Infogram

Cash transfers

MoneyGram, Western Union and WorldRemit offer cash pickups. Your money can typically be available for pickup within 15 minutes at hundreds of thousands of locations around the world.

To use this option, visit your nearest agent location to start your transfer. The funds can then be collected by your recipient at a branch in their country of residence.

Picture not described: BlueBankIcon_Infogram_62x56.png Image: Infogram

Bank transfers

Major banks in Ireland make it possible to send international money transfers. However, while transfers within 24 hours might be possible to select countries and currencies, funds sent to other destinations could take as long as five days or more to arrive.

Visit your local bank branch or the bank’s website to initiate a transfer, just be sure to check the processing time.

Compare rates to send a transfer for pickup today

Name Product Minimum Transfer Transfer Time Transfer Fee
WorldRemit - Ireland
EUR 1
Same day
Varies
New customers send EUR 20 to Lebanon and use code EURO10 for a USD 10 discount. Valid till 7 November 2021. T&Cs apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
CurrencyFair - Ireland
EUR 5
1-2 days
Varies
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
loading

Compare up to 4 providers

How do I compare same-day money transfers?

  • Exchange rates. Look for the strongest rates you can find. But be wary of high fees that may be attached.
  • Fees. Most providers either charge a set fee or a percentage of your transaction. Some providers waive their fee when you transfer a large amount.
  • Transfer options. If sending your funds for cash pickup overseas, compare how many agent locations are near your recipient.
  • Transfer methods. Can you initiate the transfer, or will you need to visit a branch?
  • Pickup methods. While some companies offer fast cash pickup, others deposit your funds directly into your recipient’s bank account.
  • Customer support. Look for a company with a solid reputation for providing professional and friendly customer support. Do they offer help by phone, email or live chat — and are the hours convenient?

Compare money transfer services

Does PayPal offer same-day international money transfers?

Yes. You can use your established PayPal account to send personal payments in minutes to friends and family abroad. If you don’t have a PayPal account, you can set one up in minutes if you have online access to your bank statements. This is because PayPal deposits small amounts into your account, and you’re required to verify your account based on the deposits.

Pros

  • Fast. Same-day international transfers allow you to get funds to loved ones and businesses overseas as quickly as possible.
  • Convenient. Initiate a transfer online, through an agent location or at your bank.

Cons

  • Potentially costly. Same-day transfers typically attract higher fees and weaker exchange rates than regular transfers, so prepare to pay extra to send your funds.
  • Potential delays. The funds will typically be delivered to your recipient’s PayPal instantly after sending, but getting the money into their bank account could take up to 5 business days.

What should I look out for with same-day transfers?

You’ll typically receive a weaker exchange rate and pay higher transfer fees with same-day transfers, so carefully review the full details of your transfer before you hand over any money. Be aware that some transfer providers — for example, your bank — will not always be able to offer a same-day transfer to your destinations.

Bottom line

Using a transfer provider that offers cash pickup is the most reliable way to send funds overseas almost instantly. But if you have a little extra time, you may be able to get a better deal by sending a bank-to-bank transfer. Be sure to compare money transfer services to find out more about which provider will work best for you.

Frequently asked questions

More guides on Finder

  • Binaryx crypto exchange review

    Binaryx offers an intuitive interface for investors to trade a range of crypto and fiat assets.

  • Review: Kriptomat cryptocurrency exchange

    Discover the features available on the EU-focused Kriptomat cryptocurrency exchange, how to get started and what cryptocurrency investor the exchange is best suited for.

  • Nexo review: Is it safe for high interest returns?

    Nexo is a cryptocurrency lending and borrowing platform that offers high interest rates on cryptocurrencies, stablecoins and fiat. We review the features available and look at how safe your funds would be on the platform.

  • Foreign currency accounts in Ireland

    International banking transactions can be made easy with the help of a multi currency account. If you find that you are consistently trying to manage currencies other than the Australian dollar, then consider banking your money in this type of account.

  • Best budgeting apps in Ireland

    Discover how to save money when you use these handy money-saving apps.

  • Axie Infinity guide: How to play and earn

    Axie Infinity is an RPG game that is currently dominating the NFT sector. Discover what Axies are, what makes them unique and how you can earn money simply by playing.

  • Revolut alternatives including banks, apps and competitors

    There are a number of cards and banking apps similar to Revolut that you can use in Ireland, so we’ve put together a list and compared their features for you.

  • The A to Z Guide to Bank Fees

    Reads our A to Z guide on all the fees you could be charged on your bank account – and how you can avoid them.

  • Using a debit card abroad

    A debit card with little or no international transaction fees makes it a great option to use abroad. We look at the pros and cons of using a debit card abroad.

  • Gemini vs Coinbase

    We compare these two large cryptocurrency exchanges to see how their fees, features and customer support stack up.

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.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy Policy and Terms.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site