Best money transfer services of 2019 |
best international money transfer services

Best money transfer services

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Determine which provider will meet your delivery needs

Thanks to modern technology, it’s possible to send almost any amount of money safely to your destination at a fair rate, with tracking services to boot. The trick is finding a service that aligns with your priorities.

How did we determine the best services?

To determine the best money transfer services, we looked at speed, and accessibility. What’s best for your situation will come down to whether you need to send it domestically or internationally, by bank transfer or for cash pickup, today or next week, among other factors.

ServiceBest for…Feature
WorldRemitFastestWithin an hourGo to WorldRemit website
CurrencyTransferLarge transfersThere’s no limit to how much you can sendGo to CurrencyTransfer website
OFXNo FeesSend money internationally bank-to-bank for freeGo to OFX website
TransferWiseBest exchange ratesClaims to offer mid-market rates to customers sending money overseasGo to TransferWise website
Western UnionMost countriesSend money to 200+ countries with this household nameRead Western Union review

Best money transfer services

Figure out your top priority, then compare the strong points of each service.


Cash generally arrives at your destination within an hour, making WorldRemit much faster than many banks that take up to five days to process a transfer.

  • 90% of its transfers arrive within minutes. It claims that “every three seconds someone makes a transfer with WorldRemit,” and that the majority of those orders are there in a flash. It even built a computer game, called WorldRemit Speed Stars, to illustrate the point.
  • 24/7 customer service. Customer service is available when you need it, keeping you from slowing down.


There’s no limit to how much you can send, and CurrencyTransfer prides itself on transparency when it comes to fees and exchange rates. As of April 2019, the average size of its transfers is $25,901.40.

  • Avoid volatility with a forward contract. Lock in an exchange rate up to 24 months in advance by signing a contract early and depositing 5% to 10% of the transfer.
  • Same day cross-border payment services. Sometimes big transfers can slow down the process with other transfer services. CurrencyTransfer can send within 24 hours, even when transferring large lump sums.
  • Send overseas tuition or purchase foreign property. Whether you’re buying a beach house in the south of France or paying for college in Berlin, CurrencyTransfer specializes in delivering money for complex purchases.


It leverages a global network of financial institutions to help you transfer money from bank-to-bank without taking a cut of your funds in the form of fees. Be aware that the receiving bank may charge a fee of its own.

  • Ideal for businesses and online sellers. Pay overseas suppliers or staff with no additional fees, sending money to more than 500 employees with a single click.
  • Competitive exchange rates. While OFX makes money through exchange rate markups, they generally run 0.4% to 1.5%, which is equal to or lower to what most competitors charge — and much cheaper than a bank.


Founded on “transparency, fairness and better value,” TransferWise claims to transfer money at the true mid-market rate.

  • TransferWise currency converter. An online tool uses up-to-date exchange rates to calculate how much your receiver should get.
  • Up to 8x cheaper than a bank. In 2018, it hired a third-party source to research the cost of sending and converting currency, and found that TransferWise is cheaper and faster than Bank of America, Citibank and 19 other high-profile banks.
  • Fee transparency. Use its online calculator to learn exactly how you’ll pay. It even differentiates between actual fees and the mid-market exchange.

Western Union

A household name around the world with more than 550,000 agent locations around the globe in over 200 countries — making it highly likely you’ll find an agent at your destination.

  • Convenient access. Western Union locations can be found in many grocery and drug stores, which means sending money may be a quick jaunt from home.
  • Widespread services. Western Union offers phone cash transfers and the ability to send money to correctional facilities.

How to pick the best service for you

Compare six main elements to narrow down the best money transfer specialist for your needs:

  • Business or personal use. Money transfer services like OFX are experts in business transactions, while others, like MoneyGram, are tailored for quick and convenient personal use.
  • Your send and receive method. Some services allow for cash pickup, while others only allow bank-to-bank transfers.
  • How much money you’re sending. It’s common for services to cap how much you’re allowed to send. Make sure your service can handle your request.
  • How fast you need it to arrive. While convenient, electronic bank transfers can take up to five business days for delivery. Look for a service that can match your time frame.
  • Access to customer service. If you like the idea of help standing by, look for a provider with 24/7 customer service.
  • What country you’re sending to. Be sure your chosen service has the infrastructure required to get your money to its destination. If you’re sending to and from the US, consider a seamless service like Venmo or Square’s Cash App.

Compare Money Transfer services

I want to send


Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 0 3 - 5 days USD 0.00 0.887 EUR 4,436 Transfer up to $500,000 with no minimums and no fees. Go to site Show details
USD 1 1 - 2 days USD 0.00 0.894 EUR
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
USD 1 Within an hour USD 0.00 0.882 EUR 4,412 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
USD 1,000 1 day USD 0.00 0.885 EUR 4,427 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
GBP 1,000 1 - 2 days USD 0.00 0.891 EUR 4,454 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
USD 5,000 1 day - - Venstar will support you through the entire process of your international transactions, from start to finish. Go to site Show details
USD 50 1 - 2 days USD 0.00 0.879 EUR 4,396 Simple, zero-margin exchange rates, plus earn loyalty points on sign up, referral and every transaction. Go to site Show details

Compare up to 4 providers

The exchange rates in the table are not locked in. Confirm your final rate on the provider’s site before completing any transaction.

Bottom line

Finding the best route for your cash is all about matching your needs to the perks and options offered by a money transfer specialist. Thoroughly researching what’s out there can help you determine the right international money transfer service for you.

Frequently asked questions

Was this content helpful to you? No  Yes

US International Money Transfers Offers

Important Information*
XE Money Transfer

Transfer up to $500,000 with no minimums and no fees.

WorldRemit International Money Transfers

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.


Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.


Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • 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 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 and Cookies Policy and Terms of Use.

Questions and responses on 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