Why pick MoneyGram instead?
- You can pay with cash
- It offers cash pick-ups for recipients
- Thousands of agents worldwide
- Wide range of currencies and countries available
Azimo is an online money transfer company known for offering fast, same-day money transfers at competitive rates. Its primary focuses are speed, simplicity and value. But since you can only use it to send money from Europe or the UK, Kiwis will need to find an alternative.
Like Azimo, MoneyGram is also focused on quick, cheap and easy money transfers. Its fees and rates aren’t necessarily as competitive for all transfers, but it offers a range of extra options where Azimo doesn’t.
InstaReM is known mostly for its mid-market rates, which can make larger transfers in particular more cost-effective. But it doesn’t have the same range as Azimo, and is not available for users in New Zealand.
OFX specialises in large transfers, waiving fees for transactions over $10,000 and offering extras like forward contracts and limit orders to help users get better rates.
CurrencyFair is mostly known for its competitive fees, consisting of a percentage of the transfer (often as low as 0.25%) plus a EUR€3 or equivalent flat fee. It’s also known for its relatively low exchange rate margins, which is made possible through its use of a peer-to-peer marketplace.
TorFX doesn’t charge any fees and instead takes a cut from exchange rate margins. Plus, it has a price beat guarantee for competitor exchange rates.
Western Union, like Azimo, is focused on smaller transfers and making international payments simple and accessible for everyone. It offers more options, but at an extra cost.
If you’re still looking for another option, enter the details of your transfer into the table below to see the different rates offered by a range of money transfer companies. You can then compare your choices side by side.
The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.
Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.
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