Pay overseas bills with an international money transfer

Information verified correct on February 20th, 2017

Find an affordable and easy way to manage your overseas bill payments by sending international money transfers.

Some of us have enough trouble keeping up with our bills at home, so the idea of managing them from abroad can sound daunting. Nevertheless, your mortgage or rent needs to be paid wherever you are, and utility bills and business expenses often can’t wait for you to return home. Or you may want to just send a family member some money.

Sending an international money transfer is not complicated or expensive. With developments in technology and the rise of companies offering more affordable transfers, it’s getting easier and more reasonable. All you have to do is find a reputable money transfer firm that can provide good value. Here’s how:

Money transfers services to pay international invoices

Rates last updated February 20th, 2017

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Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting

Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
Wyre International Money Transfers
No transfer fees for finder... No transfer fees for finder.com readers. Make transfers with Bitcoin.
OnlinePhone
Rates are always
changing, click to check
your price today
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World First Foreign Exchange
Exclusive offer: $0 transfer fee ... Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.
USD 500 1 day
Online
Rates are always
changing, click to check
your price today
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WorldRemit International Money Transfers
Fast... Fast, low-cost transfers to 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.
USD 1 Within an hour
OnlineCash Transfer
Rates are always
changing, click to check
your price today
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TransferWise International Money Transfers
Enjoy high maximum transfers into ... Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.
USD 1 1 day
Online
Rates are always
changing, click to check
your price today
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OFX International Money Transfers
Send safe... Send safe, no-limit transfers with no fees and competitive exchange rates.
USD 150 1 day
Online
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changing, click to check
your price today
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Payoneer International Money Transfers
Ideal for worldwide business payments ... Ideal for worldwide business payments to more than 200 countries and 150 currencies.
USD 20
Online
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changing, click to check
your price today
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RIA Money Transfer
No fees for bank account ... No fees for bank account transfers and cash pickup at 240,000 locations in 130+ countries.
3 - 5 days
Online
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changing, click to check
your price today
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HiFX International Money Transfers
Transfer money into 20 currencies ... Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.
USD 100 2 days
Online
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changing, click to check
your price today
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Moneycorp Exchange Experts
Full-service specialist offering competitive exchange ... Full-service specialist offering competitive exchange rates on personal or business international money transfers.
USD 50
Online
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changing, click to check
your price today
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TorFX International Money Transfers
No hidden fees and a ... No hidden fees and a best rate guarantee for 60 global currencies.
USD 150 1 day
OnlinePhoneAgent
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changing, click to check
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Wells Fargo Bank
While more expensive than other ... While more expensive than other options, securely send money to 13 Latin American and Asian countries.
USD 1 1 day
Online
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changing, click to check
your price today
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How can I pay overseas bills?

Just like paying bills by check is being phased out by online payments, old-fashioned methods of sending money overseas are being scrapped for more affordable options.

For example, while you could send a secure international check overseas, you would need to pay a fee and be willing to wait for the check to arrive. Similarly, sending an international money transfer via your bank is no longer the most convenient or affordable option. Since banks charge high fees and offer mediocre exchange rates, it’s easy to find a much better deal with some shopping.

The most affordable way to pay a bill overseas is to use a specialist money transfer company. While the best-known include Western Union and MoneyGram, the past decade has seen a rapid rise of competitors.

Firms such as USForex, Payza, Viamericas, WorldRemit, and many more allow you to send bank account transfers overseas, but they allow you to do it while offering better exchange rates and lower fees than banks. Plus, they are fast and secure.

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Why would I need to send money overseas?

  • Rent. Whether you’re on vacation and need to pay rent back home or you’re maintaining an overseas rental for a relative, you might need to send money overseas.
  • Mortgage. Sadly, your mortgage obligation doesn’t go on vacation when you do, so you may need to take care of that. You also might need to make payments on an overseas investment property.
  • Utilities. Bills for gas, water, electricity and the like keep coming even when you are away.
  • Buying goods and services. Purchasing something from overseas? You’ll need to find an efficient way to get money to the seller, and credit card payment isn’t always an option.
  • Paying staff or contractors. Whether you’re employing people overseas for your business or hiring workers to build you a house, you’ll need to make sure they are paid promptly.
  • Family ties. You may want to send grandma a present or to help out family members abroad.
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What are my international money transfer options?

  • Bank transfers. The most convenient option for many people is to simply approach their bank. Any major one, including Bank of America and Wells Fargo, can quickly and easily send international wire transfers. But they don’t come cheap – in fact, banks offer some of the most expensive transfers around. With high fees and exchange rates much lower than you’ll be able to find elsewhere, bank transfers may be secure but they’re certainly not a cost-effective way to pay overseas bills.
  • Online money transfer services. In recent years, a much more reasonable alternative has taken shape. Online services can offer more competitive exchange rates and lower fees. Among them are Xoom, WorldRemit, Payza, and Viamericas.
  • Money transfer services with cash pickup. While many bills these days are paid electronically, sometimes you need to send cash overseas. Western Union, MoneyGram, and Ria offer fast and reliable international money transfers that your beneficiary can collect in cash from agents around the world. Check out each provider’s website for details about locations.
  • International bank check. A more old-fashioned way to pay an overseas bill is to get a bank draft and then mail it overseas. Problems with this include the time spent waiting for the check to arrive and be cashed, as well as bank fees and charges for the sender and the recipient.
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How can I compare money transfer providers?

With so many companies competing for your business, choosing the right one can be difficult.  The checklist below will make it easier for you to compare:

  • How much will transfers cost? There are two expenses to consider when sending money overseas: exchange rates and fees. Compare rates between providers to see which one is best, but remember that companies with most advantageous exchange rates sometimes charge the highest fees. Check for hidden fees, too.
  • How can you send transfers? Some companies offer online transfers only; others allow you to place them over the phone, at a branch, or by using a mobile app. Some companies offer features such as forward contracts, which allow you to lock in an exchange rate now for a future transaction, and the option of scheduling regular payments in advance.
  • How can you pay for transfers? Options range from bank account transfers to credit cards, debit cards and cash.
  • How can your beneficiary receive transfers? Will the funds be transferred straight into the recipient’s bank account or will the cash be available at a transfer company branch?
  • What currencies can you transfer? It can vary by company, so check to be sure the one you’re interested in deals in the currency and countries you want. Consider whether the choices will serve your international bill payment requirements into the future.
  • How long will transfers take? Some companies can offer transfers within minutes; others will take several business days. Remember that faster transfers often cost more.
  • What customer support is available?  You will want peace of mind sending money overseas, so check whether phone, email, and online support is available.
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What are the pros and cons of paying overseas bills using an international money transfer?

Pros

  • It’s easy. You can send money overseas with a few simple clicks and by providing some basic personal information.
  • Convenient. Send transfers from the comfort of your home or from your smartphone anywhere.
  • Stay on top of your finances. Whether you’re on vacation or live on the other side of the world, international money transfers allow you to stay up to date with your bill payments.

Cons

  • Fees apply. As if the bill itself wasn’t annoying enough, tacking on a transfer fee can be frustrating.

Frequently asked questions

Can I pay bills in any other country around the world?

While you should be able to find a money transfer provider to send your funds almost anywhere, there are certain countries regularly excluded from possible transfer destinations. These include North Korea, Iran, and Myanmar.

Can I set up regular bill payments in advance?

Yes, there are many online transfer companies that allow you to organize recurring transfers as much as a year in advance. This makes it easier to stay on top of your bill payments.

Why is it important to find the best exchange rate?

The exchange rate is crucial in determining how much money your beneficiary receives. Consider this example: You are trying to decide between two companies to send money to Italy. One offers an exchange rate of 0.87 Euro for every US Dollar, while the other offers 0.89 Euro per US Dollar. When you send $1,000 overseas, using the company with the higher exchange rate means your beneficiary receives an extra 20 Euros.

Can I track an international money transfer?

Yes, transfer companies offer transaction tracking services through their websites. You will receive a transaction reference number that you can use to monitor the status of your funds.

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US International Money Transfers Offers

Learn about our information service
HiFX International Money Transfers

Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.

WorldRemit International Money Transfers

Fast, low-cost transfers to 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First Foreign Exchange

Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.

TransferWise International Money Transfers

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

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