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Money Transfer Finder

Compare to get the best rates and fees when you send money internationally from the US.

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Finding it hard to cut through the noise? We can help. Use our comparison table to quickly sort through many money transfer services by entering the amount you want to send, selecting the currency you want to send to and clicking “Calculate”.

Tip: Tap “Show details” to find out more about the product.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 1,000 1 - 2 days USD 0.00 0.83 EUR 4,150 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.
Go to site Show details
$1 Same day USD 0.00 0.835 EUR 4,173 XE offers fast transfers with no fees and a range of foreign currency tools. Go to site Show details
$10 Within an hour USD 1.99 0.822 EUR 4,107 Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
Go to site Show details
$1 1 - 2 days USD 40.00 0.838 EUR
4,158
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
$1 Within an hour USD 3.99 0.835 EUR 4,171 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details

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

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What is an international money transfer?

An international money transfer is what happens when you send money to someone overseas. You provide funds and your recipient’s details to a bank or an independent transfer provider, which then exchanges the money into your desired currency and sends it to your recipient. You can send money over the phone, in person, through a mobile app or online.

You also have options when it comes to paying, depending on what the service you choose offers:
  • Cash
  • Credit or debit card
  • Bank transfer
And you have options for how your recipient receives the transfer:
  • Bank account
  • Mobile wallet
  • Cash pick-up
  • Door delivery

Learn more about money transfers for:

How to transfer money internationally

There are two main ways to send money out of the USA: a specialist money transfer service or your bank. Both banks and transfer services offer online transfers, with some offering in-branch transfers or the ability to send money over your phone via an app or by calling an agent.

We’ll go through the steps each method takes when sending online.

Through a money transfer specialist

The following steps give a good example of a typical transfer using a money transfer company.

  1. Register online with the transfer service of your choice.
  2. Input transaction details, including the amount you want to transfer.
  3. Get approved by the transfer company. You may need to scan or email a copy of your ID for the first transaction.
  4. Transfer funds through your bank using the account details from your transfer company.
  5. Get your money. Your transfer service will deposit your funds in your destination account.
  • For you if
    You want a more competitive exchange rate and lower fees than a bank transfer.
  • Not for you if
    You want the familiarity and convenience of a known bank and don’t have time to be verified.

Through your bank

If you choose to use a bank to carry out your transfer, the process is a little different.

  1. Navigate to the international money transfers section of your account.
  2. You’ll usually need to know the address of the receiving bank, the account details of the receiving account, the account name and often the receiving bank’s SWIFT code (an international bank identification system).
  3. It’s a good idea to check with your bank about exchange rates.
  4. You can use this method to send an international money order online to your home bank account or to a third party.
  • For you if
    You want the convenience of sending money directly from your existing bank account immediately.
  • Not for you if
    You want fewer fees and a better exchange rate.

Tips for saving on your international transfer

While there’s no best way to transfer funds overseas, there are a few things you can do to make it cheaper.

  • Know your transfer currency’s mid-market rate. This rate is the midpoint between worldwide supply and demand for that currency – and the rate banks and transfer services use when they trade among themselves. Use it as a baseline to compare against the rates you’re being offered. The company that’s closest is offering you the best rate.
  • Send more money per transfer. Many services discount the fees or waive them altogether when you send larger amounts.
  • Use forward contracts and limit orders if sending money regularly. A forward contract allows you to lock in a favourable exchange rate for future transfers. This means you’ll avoid unpredictable movements in exchange rates. A limit order allows you to wait until a favourable exchange rate is found, and then lock it in for your transfer.

What should you watch out for?

Keep an eye out for the following when you send money overseas:

  • Hidden fees. No transfer is truly free. If a service is advertising “fee-free transfers”, there’s probably a larger margin added to the exchange rate. Compare the rate you get quoted against the mid-market rate (which you can find on Google) to see if you’re getting a good deal.
  • Fake rates. If you see a great exchange rate advertised on a provider’s website, make sure the rate you see is the rate you will actually receive. Some companies advertise the mid-market exchange rate, which is the rate at which banks purchase foreign exchange, rather than the rate they actually offer their customers.
  • Failing to do your research. If you want to save some money, compare several transfer providers before choosing one to sell your transaction. Shop around for a company that offers reliable and affordable transfers, instead of just diving in head-first.
  • Scams. Scams cost Americans more than a billion dollars in 2018. With this number increasing each year, it’s important to keep an eye out for the most common scams. In general, it’s best to only send money to someone you know personally.
  • Taxes and regulation. Each country regulates money transfers differently. Make sure you’ve read up on if your recipient needs to pay taxes on the money they’re being sent. In the US, for example, money transfers over $10,000 get automatically reported to the IRS and you don’t need to do much. But other countries, like India or the Philippines, have stricter regulations.

Other frequently asked questions

How long does an international money transfer take?

The length of time it takes for your money to arrive depends on the transfer service you choose and how you pay. In general, if you pay with credit or debit card, your money will arrive fast – often within the day. Paying by bank transfer is a lot slower and will generally take two to five days to clear.You can read more about what to expect and the different factors affecting transfer speed in our guide.

How much does a transfer cost?

Each service charges different amounts and this can vary between currencies as well. In general, there are two ways you’re charged for money transfers. Let’s break it down.

  1. Upfront fee. This is typically a flat fee or a percentage of your transfer.
  2. Exchange rate margin. This fee is a hidden mark-up on the mid-market rate, which is the rate you’ll see on Google or the news. Nearly all services skew exchange rates for a profit and some more than others. Make sure to check the exchange rate you’re being offered against the mid-market rate to see how much you’re actually being charged.

Other fees will depend on how you’re paying for your money transfer and how you’d like your recipient to pick it up. Credit or debit card transfers are often your most expensive option, though often the fastest, while cash pick-ups can also increase what you’ll pay.

Are there limits to how much I can send?

You can send as much or as little as you want, but it all depends on the service you choose. Some are aimed at bigger transfers and will have minimums that can get as high as $5,000 or more. You can also find several that specialize in smaller transfers and have minimums as low as $1.There are no limits in the US for how much you can send out of the country, but the service you use will need to do extra verification on you to comply with the law. This could mean presenting more proofs of identity or address, like utility bills, car registration or your passport.

Are there free international money transfers?

Some services offer “first transfer free” deals for new customers and promo codes so you can get discounts on your second and third transfers. There are also services that advertise “fee-free” transfers, but you’d still be paying a hidden fee on the exchange rate mark-up.

Check out some of the latest promo codes on offer below to see if you qualify for a free first transfer:

WorldRemit DealsWorldRemit Deals

Zero fees on your first THREE money transfers

Send money with WorldRemit using the code '3FREE' and pay no fees on your first three money transfers

Last verified

Coupon code ends

RemitlyRemitly

Fee-free transfer for first-time users

Available for transfers to the Philippines, Dominican Republic, El Salvador, Honduras, Nicaragua, Kenya and Peru.

Last verified

WorldRemit DealsWorldRemit Deals
Exclusive

WorldRemit: First Transfer FREE

You first transfer is free with WorldRemit when you use this coupon code. Send or pick up cash in the US or around the world.

Last verified

Exclusive
RemitlyRemitly

Better exchange rates for new customers

Available for transfers to Mexico, Philippines, India, Colombia and Dominican Republic.

Last verified

RemitlyRemitly

$23 MXN por cada dólar estadounidense en tu primera transferencia

Disponible solo para clientes nuevos y en los primeros $500 USD enviados.

Last verified

Deal ends

Sending to a specific country? Learn more

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4 Responses

  1. Default Gravatar
    MarioOctober 15, 2019

    I’m trying to get money transfer tracking number that I’d made on August 15 of 2019. I honestly forgot to give my sender the tracking number, and I totally lost the receipt. Can you please help me and get me the tracking number the way my family can receive the money?

    • Avatarfinder Customer Care
      nikkiangcoOctober 15, 2019Staff

      Hi Mario,

      Thanks for your comment. I’m sorry to hear that you lost the tracking number of the money transfer. I wish I could help you out in finding the tracking number however we are not working with any money transfer providers seen on our site.

      It would be best to contact the customer service team of the money transfer provider you used to make the transfer and inform them of the situation, I’m sure they’d be happy to help you out!

      Hope this helps and best of luck!

      Cheers,
      Nikki

  2. Default Gravatar
    KnorthcottSeptember 18, 2019

    Are there locations for Ria in Gastonia, NC

    • Avatarfinder Customer Care
      BrianSeptember 18, 2019Staff

      Hi Knorthcott,

      Thanks for reaching out. It looks like there are several locations where Ria is available in Gastonia, NC, several of which can be found in Walmart Stores in the area. You can see where the closest Ria service is in your area by using their location finder tool.

      Hope this helps!
      Best,
      Brian

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