Why pick Western Union instead?
- Trusted provider since 1871
- 500,000+ global agent locations
- Fees based on transfer amount
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TransferWise supports bank-to-bank transfers only and doesn’t send money to some of the more exotic locations, so it won’t be convenient for all transfers. Its fees also depend on the amount of money you’re sending, which can get expensive fast.
To help you find the best money specialist transfer for your needs, compare popular alternatives offering features that TransferWise lacks.
With more than 145 years in the business, Western Union’s network includes more than 500,000 locations worldwide and supports a wide assortment of transfer options, including cash pickup.
XE’s money transfer services extend to businesses looking for the flexibility of forward contracts and market orders, so you can use it for more than just sending money to friends and family abroad.
WorldRemit offers a large selection of payment options and is an industry leader when it comes to the number of countries you can send money to.
InstaReM offers the mid-market rate on some of its transfers during certain trading hours — the company doesn’t make it clear which currencies and hours this applies to. Make sure the rate you are getting is as close to mid-market as possible before completing your transfer.
Xoom, a PayPal service, is one of the few money transfer services in the industry to back its transfer times with a money-back guarantee.
OFX is pretty similar to TransferWise but varies where it really matters — fees and limits.
MoneyGram has over 350,000 agent locations worldwide and transfers funds to over 200 countries, which is one of the largest networks available. Both MoneyGram and TransferWise are better for smaller transfers, as they both have low minimum transfer amounts of €1.
If the above options aren’t hitting the right notes with you, use the table below to find more options by entering the amount and destination of your transfer. Alternatively, learn more about TransferWise in our review.
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