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Sharemoney review

Speedy international delivery and ease of tracking to South America and Asia.

Sharemoney keeps your money safe and secure with a tracking number and offers a range of delivery options that include door-to-door and thousands of pickup locations.

If the state you’re in and the country you’re sending to are on the approved list, Sharemoney makes it easy to securely transfer money abroad.

1.0 ★★★★★ (1 review) Write a review

24 hours

Fastest Transfer Speed


Minimum Transfer Amount


Maximum Transfer Amount

Fast transfers to South America and Asia

Part of the Omnex Group, Sharemoney has specialized in money transfers for more than 25 years. Transferring money is easy, whether you’re taking care of foreign relatives or topping up your BFF’s kayaking emergency fund.

With competitive fees and rates along with a simple, fast service, it’s worth keeping Sharemoney in mind for unexpected family emergencies. Rates are updated daily, and you’ll see clear fees and exchange rates before you finish your transfer.

Supporting your loved ones abroad is easy, because signing up for an account means that once you’ve paid someone, you can repeat the transaction with three clicks. Users report fast delivery times and easy pickups — and Sharemoney can even text you when your money’s arrived.

Sharemoney doesn’t cover all locations, but it’s adding new territories, so confirm that your money can get where it needs to.

Our experience transferring money with Sharemoney

Here’s what we found when we sent a live transfer to Mexico through Sharemoney:

  • We paid a low fee and received a competitive rate within 2.1% of the mid-market rate, with rates updated multiple times a day.
  • Our funds were deposited into our recipient’s Mexican bank account within 24 hours.
  • Sharemoney’s easy-to-use website allowed us to sign up and initiate a transfer in 5 minutes. You also have the option of initiating a transfer by phone.
  • Sharemoney provided accurate rate quotes, but we weren’t informed of an additional transfer fee until the end of our transaction.

How much will it cost to send money through Sharemoney?

Like other money transfer services, Sharemoney charges a flat transaction fee plus a small percentage of the amount you’re sending. Sharemoney’s transfer fees start at $2.99 (higher if you’re paying by credit card) and vary by country. It offers competitive exchange rates and can deliver your money quickly — sometimes in minutes.

How does Sharemoney compare to other services?

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 - 15 of 15
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer) Learn More
24 hours

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OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
24 hours
SPECIAL OFFER ✓ Minimum transfer of $1,000 for Finder readers (normally $5,000)

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Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
Currencies Direct
Within an hour

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CurrenciesDirect makes transferring money abroad simple with bank-beating exchange rates.
Within minutes

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Xe has fast transfers with low fees and a range of foreign currency tools.
24 hours

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CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Currencies Direct
Within an hour

View details
CurrenciesDirect makes transferring money abroad simple with bank-beating exchange rates.
Within an hour
From $1.99
SPECIAL OFFER ✓ Use the code ‘4FREEFINDER’ to get 4 free transfers if you are a first time user. Eligible countries only.

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WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
OFX International Money Transfers (Business)
24 hours

View details
Business customers: Send safe, no-limit transfers with no fees and competitive exchange rates.
Wise (TransferWise)
Within an hour
From 0.41%

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Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
Within minutes
From $0
SPECIAL OFFER ✓ Free transfers and better exchange rates available for new customers

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Use code FINDERUSA20 for $20 off your first transfer from the US when you send at least $250. T&Cs apply.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Within an hour

View details
Instarem offers zero transfer fees on all transfers.
Within minutes
From $0
SPECIAL OFFER ✓ Free transfers and better exchange rates available for new customers

View details
Use code FINDERUSA20 for $20 off your first transfer from the US when you send at least $250. T&Cs apply.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Currencies Direct (business)
Within an hour

View details
Minimizes costs of international transactions and offers custom solutions for business clients.
CurrencyTransfer for Business
24 hours

View details
Increase business efficiency with zero transaction fees and same-day transfers.
Xe Money Transfer for Business
Within minutes

View details
Save your time and money with Xe Money Transfer for business.

Compare up to 4 providers

What types of transfers can I make with Sharemoney?

You can only make one-off transfers with Sharemoney.

Payment methods

  • Debit card
  • Credit card

Delivery methods

Your recipient can collect the funds in one of three ways:

  • Bank deposit
  • Cash pickup
  • Home delivery

How much can I send with Sharemoney?

With Sharemoney, you can send transfers that range from a mere $1 to $2,999. You can transfer up to $2,999 every 15 days and up to $9,999 every 180 days. You can send up to $9,999.99 within 15 days by providing additional info.

Sharemoney is not ideal for those who need to make large international transfers. Compare your options for transfers of $10,000 or more.

Pros and cons of sending money with Sharemoney


  • Simple conversions. Sharemoney takes the math out of international transfers by updating current international rates hourly and transparently showing you how much money your recipient will receive.
  • High-speed transfers. With transfers occurring in as little as 15 minutes (depending on your transfer method), Sharemoney can get your cash into the hands of your recipient up to 72 hours quicker than competitors.
  • Home delivery option. Sharemoney is one of the few services that gives your recipient the option of delivery to their door.
  • Simple, clear tracking. Sharemoney provides a variety of notification settings and tracking options to ensure that your money arrives safely.
  • Low minimum. Send as little as $1 overseas.


  • Limited state availability. Sharemoney is licensed to operate in 36 out of 50 states, so you may not be able to access its services.
  • Not all countries available. Sharemoney’s services are largely limited to South America and select Asian countries.
  • Low transfer limits. Sharemoney has a cap of $2,999 every 15 days and $9,999 every six months, so Sharemoney may not be ideal for those making large regular transfers.
  • Exact pickup location needed. If you choose cash pickup, you must specify the store — not only a branch — for your friend or family to visit. This could be frustrating if your payee doesn’t live nearby or have transportation.
  • No live chat option. If you have questions, you’ll need to call or submit an online form for help.

How do I use Sharemoney?

Transferring cash through Sharemoney is an easy process. To initiate a transfer, you’ll need:

  • A Sharemoney account. You can register for an account as you set up the transaction.
  • A valid payment method. Your bank account information or debit card or credit card.
  • Your recipient’s name, contact information and banking details. You’ll only need their bank name and account number if you’re transferring money to an account.
  • Your contact and banking information. Including the account number and security information for the account you’re transferring from.

If your recipient will be picking up cash in person, let them know to bring along a required ID.

Steps to transfer your money

To initiate a transfer with Sharemoney, visit its website and follow these steps. You’ll receive a Money Transfer Number with your confirmation to track the progress of your transfer on Sharemoney’s website.

  1. From the Sharemoney homepage, select the country you’re sending to. Enter the amount you want to send in the You Send field.
  2. Enter your email address, create a password and click Sign Up. Enter your name, date of birth, phone number and address, then select in the How did you find us? drop-down menu.
  3. Once you receive the email from Sharemoney, log in with your email and password to confirm your email address.
  4. To confirm the amount you’ll be sending, enter it in the You send field to see how much your recipient will receive in their currency. Under How much will it cost?, you’ll see separate transaction fees for bank account or debit card and credit card. The credit card fee increases with the amount of the transaction. Enter a promo code, if you have one. Click Continue.
  5. Select how you want the recipient to receive your money. Options will vary by country. For this example, we’ll send money to a bank account. Click Select a Bank and choose from a drop-down of bank names. To complete the banking details for your recipient, you’ll need the bank branch number and account number.
  6. Choose how you want to pay. If using a credit card, you’ll see a warning that your bank may charge a cash advance fee in addition to Sharemoney’s higher credit card fee. Enter your payment information and click Continue.

At the end of the process, you’ll receive a reference number and receipt showing the details of your transaction. Keep this information so you can track your money transfer.

What happens next?

  • Track your transfer. Go to Sharemoney’s Money Tracker and enter the reference number at the bottom of your receipt to see details of your transaction.
  • For cash pickup, tell your recipient the exact store location you chose for them. They will not be able to request your transfer from any other branch. The money should be available for pickup within 24 hours.
  • For a bank deposit, your money should arrive within 24 hours.
  • For home delivery, the money should be at their door within 24 to 48 hours.

Bottom line

Offering good exchange rates and low fees, Sharemoney is ideal if you have friends or family in South America, the Caribbean or Asia, but not such a strong competitor if you need to send $10,000 or more.

Need an international money transfer but aren’t tempted by this offer? Compare other products.
Find out other alternatives to Sharemoney

Frequently asked questions

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  1. Default Gravatar
    October 17, 2019

    Why did I get a RVSL

    • Default Gravatar
      October 18, 2019

      Hi Emichinonye,

      Thanks for getting in touch! While we review Sharemoney in our pages, it’s helpful to know that we neither work with them or answer for their company. Therefore, we aren’t able to check the status of your transfer/account. It would be best to contact the customer service support of Sharemoney to ask why your money transfer was reversed.

      Hope this clarifies and we hope they find a quick resolution for you!

      With care,

  2. Default Gravatar
    May 30, 2019

    Can i send money door to door?

    • Avatarfinder Customer Care
      May 31, 2019

      Hi Alma,

      Thanks for your inquiry.

      As I checked, yes, you have the option to send money door to door thru Sharemoney. Please note that your recipient can collect the funds in one of three ways:

      – Bank deposit
      – Cash pickup
      – Home delivery

      I hope this helps.

      Kind regards,

  3. Default Gravatar
    September 29, 2018

    Is sharemoney service available to people in Nigeria who want to send someone money here in the U.S.?

    • Avatarfinder Customer Care
      September 29, 2018

      Hi Yvette,

      Thanks for reaching out to Finder.

      Sharemoney’s money transfer service is available for US and Canadian users only as of this time. People in Nigeria will only be able to receive money sent to them from someone in the US and Canada through Sharemoney.

      If the sender lives in Nigeria and he wants to send money to the US, he can either do a bank-to-bank transfer or use an independent money transfer company.

      I hope this helps.


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