Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

Transfer providers with no maximum limit

Send large sums overseas with these secure providers.

Not all money transfer providers allow users to send large amounts overseas. Instead of sending multiple small transfers, choose a company that offers transfers with no maximum limit when you need to send larger amounts.

Compare the pros and cons of Xe, CurrencyTransfer and OFX before making your transfer to find out which of these no-limit providers is right for you.

ofx logo

1. OFX

OFX offers transfers and exchanges in more than 55 currencies. If you’re a larger business looking to pay for exports or just need to transfer a larger sum to an account overseas, this service may be a good fit.

Pros

  • 24-hour customer support
  • Available in more than 190 countries and 50 currencies
  • Offers scheduled and recurring transfers
  • No fees charged on money transfers
  • Dedicated account manager to offer advice

Cons

  • No cash payment or pickup. OFX only delivers funds through bank transfers.

CurrencyTransfer logo

2. CurrencyTransfer

CurrencyTransfer offers both business and personal transfers with a wide array of hedging options.

Pros

  • No fees
  • Registered customers can access personal market advisors
  • Offers spot orders and forward contracts

Cons

  • No cash payment or pickup — CurrencyTransfer only delivers funds through bank deposit.
  • Fewer countries supported than competitors
  • Not competitive on transfers less than £5,000 or equivalent

Xe Logo

3. Xe Money Transfer

Xe Money Transfer is a service designed to help you transfer your funds to a bank in a foreign currency. If you’re working far from home, Xe Money Transfer is ideal for getting cash to your family or making investments overseas. Given how easy it is to transfer your money to foreign companies in their currency, it’s especially ideal for business accounts.

Pros

  • One of the most trusted money transfer names
  • Competitive exchange rates will save you money in the long run
  • Send money to over 170 countries

Cons

  • Rate comparison tool not available until you’ve registered on the site
  • Online transfers are limited to $500,000 per transaction but transfers over the phone are unlimited

How to compare money transfer providers

Aside from checking that a company can handle large transfers, you’ll also want to look into:

  • Available currencies
    Does the transfer provider offer the currency in which you want to send?
  • Speed
    While some providers can transfer funds almost instantly, others will take days.
  • Affordability
    This includes both the exchange rate and any fees.
  • Customer service
    Look for a company that offers phone, in-person and/or chat support. If the provider is located overseas, will it be difficult to contact customer support at a reasonable time?

Laws for sending large sums of money overseas

If you’re sending a large sum of money overseas, make sure both you and your recipient fill out the appropriate tax forms. Transfers over $10,000 need to be reported to the IRS, and your recipient may need to report the transfer as income or as a gift, depending on their country’s laws.

Compare high limit transfer services

Our table lets you compare the services you can use to send money abroad. Compare services on transfer speeds and fees, then click Go to site when you're ready to send.
1 - 12 of 12
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer)
OFX
24 hours
$0
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
CurrencyTransfer
24 hours
$0
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
Wise (TransferWise)
Within minutes
From 0.41%
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.
OFX International Money Transfers (Business)
24 hours
$0
Business customers: Send safe, no-limit transfers with no fees and competitive exchange rates.
CurrencyTransfer for Business
24 hours
$0
Increase business efficiency with zero transaction fees and same-day transfers.
Currencies Direct
24 hours
$0
CurrenciesDirect makes transferring money abroad simple with bank-beating exchange rates. Currencies Direct may call you to confirm your transfer, so be prepared for a phone call shortly after initiating a transfer.
Currencies Direct (business)
24 hours
$0
Minimizes costs of international transactions and offers custom solutions for business clients. Currencies Direct may call you to confirm your transfer, so be prepared for a phone call shortly after initiating a transfer.
Xe
Within minutes
$3
Xe has fast transfers with low fees and a range of foreign currency tools.
Xe Money Transfer for Business
24 hours
$0
Save your time and money with Xe Money Transfer for business.
MoneyGram
Within minutes
From $0
MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.
Instarem
24 hours
From 0%
New Instarem customers will get a special FX rate and zero-fees on their first transfer.
Instarem offers offers rewards on every transaction.
Cash App
Within minutes
From $0
With this peer-to-peer payment app make payments to your friends and family with no transfer fees within the US or from the US to the UK or EU.
loading

Bottom line

When sending large amounts of money overseas, make sure you’re getting the best deal, as even the difference of a fraction of a percent on the exchange rate can cost you. Comparing the rates offered by three reputable companies like OFX, Xe and CurrencyTransfer can help you feel confident that you’re getting the best deal on your transfer.

Frequently asked questions

How do money transfer companies keep my funds safe?

Transfer companies generally use a combination of encryption and identity verification to help keep your money safe. If you’re concerned about a transfer, contact the transfer company directly to find out what security measures it takes.

How much money can I send out of the US?

There’s no limit to how much money you can send as long as you file any necessary tax forms. But if you’re sending money to a country under US sanctions, contact a professional to make sure you stay within the law.