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Same-day money transfers

Send cash to another country within 24 hours from the comfort of your home.

Promoted

Wise (TransferWise)

Wise (TransferWise) logo
  • Fair service fees and mid-market rates – a major market differentiator
  • Next-day delivery for most currencies
  • Easy-to-use app
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Online money transfer companies offer a secure way to send money across borders almost instantly — but a tighter time frame usually means higher fees.

What are same-day international money transfers?

A same-day money transfer allows you to send funds abroad that will arrive with your beneficiary within 24 hours. It’s the same as any other overseas money transfer, but quicker. Also, some providers are able to offer instant transfers.

However, fast transfers usually cost more than regular transfers thanks to high fees and poor exchange rates.

What are my options for same-day overseas transfers?

Three main ways exist to transfer money overseas on the same day:

Blue icon representing money transfers Image: Infogram

Digital money transfer services

Companies like OFX and Currencies Direct specialize in foreign currencies, making them some of the most cost-effective transfers. These services are found online and typically have no physical offices.

You’ll need to visit a provider’s site and initiate the transfer online using a debit card, credit card or bank account.

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Cash transfers

MoneyGram, Western Union and WorldRemit offer cash pickups. Your money can typically be available for pickup within 15 minutes at hundreds of thousands of locations around the world.

To use this option, visit your nearest agent location to start your transfer. The funds can then be collected by your recipient at a branch in their country of residence.

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Bank transfers

Major US banks make it possible to send international money transfers. However, while transfers within 24 hours are possible to select countries and currencies, funds sent to other destinations could take as long as five days to arrive.

Visit your local bank branch or the bank’s website to initiate a transfer, just be sure to check the processing time.

Compare rates to send a transfer for pickup today

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)
Wise (TransferWise)
Within minutes
From 0.41%
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.
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.
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.
MoneyGram
Within minutes
From $0
MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.
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.
OFX
24 hours
$0
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Xe Money Transfer for Business
24 hours
$0
Save your time and money with Xe Money Transfer for business.
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.
CurrencyTransfer
24 hours
$0
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
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.
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How much does a same-day transfer cost?

Most providers either charge a set fee or a percentage of your transaction. Not all will charge an extra fee for expedited same-day service. For example, OFX and Citibank don’t charge rush fees for same-day transfers.

How do I compare same-day money transfers?

  • Exchange rates. Look for the strongest rates you can find. But be wary of high fees that may be attached.
  • Fees. Most providers either charge a set fee or a percentage of your transaction. Some providers waive their fee when you transfer a large amount.
  • Transfer options. If sending your funds for cash pickup overseas, compare how many agent locations are near your recipient.
  • Transfer methods. Can you initiate the transfer, or will you need to visit a branch?
  • Pickup methods. While some companies offer fast cash pickup, others deposit your funds directly into your recipient’s bank account.
  • Customer support. Look for a company with a solid reputation for providing professional and friendly customer support. Do they offer help by phone, email or live chat — and are the hours convenient?

Compare money transfer services

Does PayPal offer same-day international money transfers?

Yes. You can use your established PayPal account to send personal payments in minutes to friends and family abroad. If you don’t have a PayPal account, you can set one up in minutes if you have online access to your bank statements. This is because PayPal deposits small amounts into your account, and you’re required to verify your account based on the deposits.

Pros

  • Fast. Same-day international transfers allow you to get funds to loved ones and businesses overseas as quickly as possible.
  • Convenient. Initiate a transfer online or through the PayPal app.

Cons

  • Typically costly. PayPal’s exchange rates are weaker than dedicated money transfer companies.
  • Potential delays. The funds will typically be delivered to your recipients PayPal instantly after sending, but to get the money to their bank account could take up to 5 business days.

What should I look out for with same-day transfers?

You’ll typically receive a weaker exchange rate and pay higher transfer fees with same-day transfers, so carefully review the full details of your transfer before you hand over any money. Be aware that some transfer providers — for example, your bank — will not always be able to offer a same-day transfer to your destinations.

Bottom line

Using a transfer provider that offers cash pickup is the most reliable way to send funds overseas almost instantly. But if you have a little extra time, you may be able to get a better deal by sending a bank-to-bank transfer. Be sure to compare money transfer services to find out more about which provider will work best for you.

Frequently asked questions