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Compare no maximum limit providers
Minimum and maximum transfer limits often apply and vary among companies and currencies. Click on a provider below to learn more about their services.
- Minimum transfer amount
- $1,000
- Maximum transfer amount
- No limit
- Minimum transfer amount
- $1,000
- Maximum transfer amount
- No limit
- Minimum transfer amount
- $1
- Maximum transfer amount
- No limit
1. OFX
OFX offers transfers and exchanges into more than 55 different 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 ideal.
Pros
- 24-hour customer support
- Available in more than 190 countries and 55 currencies
- Offers scheduled and recurring transfers
- iOS and Android apps available for mobile transfer and tracking
Cons
- No cash payment or pickup. OFX only delivers funds through bank deposit.
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 advisers
- Offers spot orders and forward contracts
Cons
- No cash payment or pickup — CurrencyTransfer only delivers funds through bank deposit.
- Fewer countries supported than the competition
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 save you money in the long run
- Quick turnaround means transfer is complete in 1 to 4 days
Cons
- Rate comparison tool not available until after you’ve registered with the site
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 you want to send in? - 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, you’ll want to 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
Enter the amount of your transfer into our table, select the currency you want to send to and click Calculate to quickly see what your transfer could cost.
Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
Bottom line
When sending large amounts of money overseas you want to 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 dearly. 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, you’ll want to contact a professional to stay within the law.
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