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Send money to New York

What to look out for when transferring money to a connection on the East Coast.

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  • 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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Learn how to compare your options — including fees, exchange rates and transfer speeds — to find the best service when sending money to the Empire State.

Service providers who can help you send money to NY

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.
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer)
Airwallex
Airwallex
Within minutes
$0
After spending $15k in your first 90 days, receive a one-time $500 bonus that will automatically be credited to your account on any FX conversion.
Airwallex can help you make business payments to 150+ countries in 60+ currencies.
Wise (TransferWise)
Within minutes
From 0.41%
Wise uses the mid-market rate and transparent fees to help you send money in 45+ 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.
Western Union
Within minutes
From $0
Enjoy $0 fee on your first online transfer. Western Union makes money from currency exchange. Not valid on credit cards or sends to Cuba.
Western Union sends money online to friends and family in 200+ countries and territories around the world.
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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Your options will vary depending on whether you’re in the US or abroad.

Domestic transfers

Most major US banks offer free bank-to-bank domestic transfers (or waive fees for account holders). However, you’re limited to transferring cash from your bank account to your recipient’s bank account.

If your recipient doesn’t have a bank account or needs the cash more quickly than a bank transfer will offer, Western Union and Walmart offer fast cash pickups at thousands of locations in New York.

Online options like PayPal and Venmo can also get money quickly to your recipient.

International transfers

Your bank will typically be your most expensive option when sending money internationally. Banks offer weaker exchange rates, higher fees and fewer options to send and receive cash when compared to other options.

International transfers is where an online money transfer specialist shines. Providers like Wise and OFX can often safely get your money overseas to New York faster, with lower fees and stronger exchange rates.

Case Study: Calvin sends money to New York

Calvin needs to send 1,000 Australian dollars from Australia to his wife in Brooklyn.

BankMoney transfer service
Exchange rate1 AUD = 0.721 USD1 AUD = 0.746 USD
Transfer fee$22 AUD or more$5 AUD
Transfer speed2–4 business daysUp to 2 business days
Amount received in USD$721$746

For a transfer of 1,000 Australian dollars, an online money transfer service is a clear winner. Not only does Calvin save at least 17 AUD on the transfer fee, but his wife also receives $25 more and at least two days sooner.

How do I compare money transfers to New York?

Depending on whether you’re sending domestically or internationally, you’ll want to keep an eye on:

  • Fees. Banks and other providers will typically charge a fee for its services, especially for international transfers. Confirm whether it charges a flat fee or a percentage of the total transfer.
  • Exchange rates. For international transfers, consider how close to the mid-market rate the rate you’re being offered is. You’re looking for a minimal margin between the two rates.
  • Transfer options. For domestic transfers, any bank or service will allow you to transfer money online. Independent services like OFX and Wise offer competitive exchange rates and fees for international transfers.
  • Transfer speeds. Whether your transfer is foreign or domestic, the time it takes for your recipient to get your money will vary. If you need to send cash right away, compare options WorldRemit or Western Union over your bank, which is typically not your cheapest or fastest option.
  • Pickup methods. Most services offer bank-to-bank transfers; others will include cash pickups at an agent location. Know your options to find one that fits your needs.
  • Minimum amounts. Your best option may depend on how much you’re sending. For larger international transfers, you can often avoid fees with a money transfer specialist.
  • Frequency and purpose. If you need to send money at set times of the year, see if you can set up recurring payments to save on rates and fees in the long run.
  • Customer service. For those walking through a transfer for the first time, you may find it helpful to speak to a representative. Most companies offer a telephone number that you can call to speak with a representative or financial specialist to help walk you through your options.

    Ways to send money to New York

    • Bank to bank transfers. Quick and efficient, these transfers may have higher wire transfer fees than an independent provider.
    • Money transfer specialists. If you live outside the US, an independent provider like MoneyGram or OFX offers lower fees and exchange rates than banks can provide.
    • Cash pickups. While you’ll pay a bit more for a cash pickup, you have options that include time-tested standbys like MoneyGram and newer services like WorldRemit.
    • P2P services. Peer-to-peer services like PayPal and Venmo can get your money to your recipient without hassle in minutes.
    • Checks. If you’ve time on your side, checks are an option.

    Emergency cash transfers in New York

    Sometimes you or a loved one is in an emergency and needs funds quickly — and in cash. Thankfully there are global money transfer providers with tons of agent locations that allow you to pay and pick up in cash, often within minutes. If you have a little more time, however, consider an independent transfer provider that can get you much lower fees and stronger exchange rates.

    How to send money to New York

    Depending on your bank or service, you may need to sign up for a free account before you can begin sending money. Generally, you’ll:

    1. Provide your recipient’s details. Their name, contact and banking info, if they’ll be receiving your money as a bank deposit.
    2. Specify the details of your transaction. How much and what currency.
    3. Review your transaction. Confirming total fees and how much your recipient will receive.
    4. Pay for your transfer. Methods could include bank account, debit or credit card or cash.
    5. Track your transaction. You’ll receive confirmation that includes a unique number or receipt for monitoring the progress of your transfer.

    Need to make an emergency cash transfer?

    Bottom line

    When sending money to New York, you have many options. If you live in a country other than the US, compare your money transfer options to receive the best rates and lowest fees for your situation.

    Frequently asked questions

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    2 Responses

      Default Gravatar
      JenniferJanuary 22, 2019

      If I am in New York but my money was sent to Philadelphia, can i still get it from an outlet in NY?

        AvatarFinder
        CharisseJanuary 23, 2019Finder

        Hi Jennifer,

        Thanks for reaching out to finder.

        If the money you sent was for cash pick up, usually, the receiver can pick up the money at the agent location within the state you have entered.

        You can contact the money transfer company you have used and verify with them if it’s possible or ask them if you can make changes to the transaction so your receiver can pick it up in New York instead.

        I hope this helps.

        Cheers,
        Charisse

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