Sites like Moneycorp for sending money to friends or family

The best alternatives to Moneycorp for transferring money internationally.

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Offering flat fees and strong rates, Moneycorp is among the most trusted money exchange experts for individuals and businesses. A low £50 minimum allows you to test out your needs, and no limit on how much you can send is paired with stronger rates for larger transfers. Free expert guidance can extend your savings into foreign exchange services, as can forward contracts and market orders that allow you to lock in the exact rates you’re looking for.


  • Take advantage of a 1% to 1.2% margin on the mid-market rate.
  • Send as much as you need 24/7 to friends, family and businesses abroad.
  • Offers spot contracts, forward contracts, recurring payments and more.


  • Requires double currency conversion from dollars to pounds to the currency you’re ultimately sending — charging you for both.
  • Among other countries, excludes Korea, Indonesia, Vietnam and the Philippines from its services.
  • Complicated setup requires ID and phone verification, adding time to registration.

But if you live in the US, Moneycorp might not be your cheapest option. It first converts your dollars to pounds before converting it into your recipient’s currency — charging you twice for the transfer. Given the host of other money transfer specialists in the market, you might find that any of the alternatives below better fits your budget.


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Alternative sites like Moneycorp

XE Money Transfer Logo” height=

1. XE Money Transfer

Like Moneycorp, XE Money Transfer offers competitive rates and no fees on bank-to-bank transfers worldwide. But XE can keep more money in your pocket by forgoing the need to first convert your money into British pounds, which Moneycorp requires. XE also doesn’t exclude such Asian countries as Korea, Indonesia, Vietnam and the Philippines.


  • Offers safety and security as the third-largest money transfer provider in the world.
  • No minimum or maximum transfer limits.
  • Competitive rates and no fees on your transfer. Ever.


  • To see potential rates, you must first sign up with XE Money Transfer.
  • Turnaround can require up to three business days.
Go to XE Money Transfer website

transferwise logo

2. TransferWise

The peer-to-peer TransferWise is a leader in secure money transfers that offer the mid-market rate and low fees that vary by how much you’re sending. It all hinges on a unique platform that allows you to exchange money with peers in your currency pair, avoiding the borders that can rack up fees. Individuals can send up to $49,999 daily, while businesses can be approved to send up to $200,000 daily and a whopping $1 million a year — more than you can send with Moneycorp.


  • Strong mid-market exchange rates come with no hidden fees.
  • High maximum transfers of $199,999 or more, depending on your account.
  • Sign up and send in minutes.


  • Bank-to-bank transfers only, with no option for cash pickup.
  • Two-step process can mean up to five days for delivery.
  • Requires a Social Security number.
Go to TransferWise website

WorldRemit Logo

3. WorldRemit

Moneycorp and WorldRemit each provide a variety of transfer options with solid customer support. But WorldRemit services more than 140 countries at strong rates that extend to cash pickups at more than 30,000 agents around the world. WorldRemit also offers more flexibility in how you can pay, from your bank account or by credit or debit card. And an easier-to-use site means that you can sign up in about five minutes.


  • Moves your money to more than 140 countries around the globe.
  • Supports bank-to-bank transfers, cash pickups and mobile top-ups.
  • Easy site takes you from signup to transfer in minutes.
  • Flexible payment options include bank account, credit card or debit card.


  • Because fees are a percentage of your transaction, you’ll pay more for higher transfers.
  • Requires government-issued ID after your first transfer.
  • Not available in Louisiana or New York.
Go to WorldRemit website

travelex logo

4. Travelex

Around since 1976, Travelex is an international money specialist offering transfers to more than 50 countries worldwide. It promises to beat the rates you find with competitors within 30 minutes of your transfer — or your money back.

Both Travelex and Moneycorps help you lock in affordable exchange rates through forward contracts and limit orders. But Travelex doesn’t require double conversions from your home currency to pounds to your recipient. Still Travelex’s $500 minimum is much higher than Moneycorps’ £50, which could be higher than you’re looking to send, with no option for express delivery.


  • Pay $5 for transfers of up to $5,000 and no fee on larger amounts.
  • Competitive rates in more than 45 currencies — or Travelex matches a better deal.
  • Schedule recurring payments, or lock in rates on future transfers through forward contracts and limit orders.


  • Weaker exchange rates than you’ll find with competitors.
  • Supports transfers of $500 or more only.
  • No cash pickups — even at Travelex storefronts.

Go to the Travelex website

torfx logo

5. TorFX

TorFX is a forex and transfer company that can send your international payment in more than 60 currencies — all backed by a best-rate guarantee. Because it’s expert at forex, it can guide your future needs with market updates and analysis to navigate the market. And it offers tools to lock in today’s rate for future transfers or jump when the market hits the rate you’re looking for.

Compare that to Moneycorps’ double conversions and limited countries, and you just might want to look deeper into TorFX.


  • Offers rates for more than 60 currencies at up to 5% stronger than your bank’s.
  • No fees and a best-rate guarantee on competitive rates.
  • Offers expert guidance and market news.


  • Requires high $150 minimum transfers.
  • Supports bank-to-bank transfers only.
  • Site is safe, but lacks important details.
Go to TorFX website

currencies direct logo money transfers

6. Currencies Direct

Currencies Direct is dedicated to helping you transfer money internationally with no hidden fees and same-day delivery for select currencies. Advertising support for about 60 currencies, it’s open to discussing minor and exotic currencies as needed.

Like Moneycorp, it offers market orders and forward contracts that can help you lock in rates for future transfers. But you won’t pay twice the currency conversion margin that comes with Moneycorp.


  • Worldwide service offering competitive rates and no fees on most transfers.
  • Supports a range of transfers — from $100 to seemingly unlimited amounts.
  • Monitors exchange rates to help you land your ideal transfer.


  • Bank-to-bank wire transfers only.
Go to Currencies Direct website

western union logo

7. Western Union

In business for more than 160 years, Western Union makes it easy to transfer money online and from more than 500,000 agent locations around the world. Exchange rates are typically weaker than you’ll find with a digital specialist like Moneycorps, and turnaround depends heavily on where your recipient lives and how you pay.

Still, flexibility beyond Moneycorps’ bank-to-bank transfers — including credit or debit card deposits, convenient cash pickups and even mobile minutes in select countries — could make Western Union worth looking at. And you won’t pay a double conversion on your exchange.


  • Trusted provider in business since 1871.
  • Send as little a $1 for pickup in minutes at more than 500,000 agent locations.
  • Delivery options include credit or debit card, bank account, cash pickup and mobile top-ups in select countries.


  • Weak exchange rates can be 5% or higher than the mid-market rate.
  • Depending on your transfer details, fees can be higher than digital competitors.

Learn more

RIA Logo

8. Ria

In business for more than 30 years, this global money specialist offers a network of more than 240,000 agent locations in 130 countries. As the third-largest international money transfer provider, Ria’s a far more recognizable brand than Moneycorps. Many customers trust its flexible delivery options that include cash pickups, bank transfers and even home delivery in select countries, not to mention payments by credit or debit card.

Ria’s exchange rates can be better than your bank’s but likely not as strong as Moneycorps. And fees can be high, depending on your transfer’s destination and delivery.


  • Network includes 240,000 agents in more than 130 countries.
  • Sends money worldwide for cash pickups, bank deposit and even home delivery in select countries.
  • Pay by debit card, credit card or bank account.


  • Daily $3,000 limit might deter larger transfers.
  • Fees vary by payment and destination.
  • Doesn’t offer forward contracts or limit order on future transfers.
Go to Ria website

moenygram logo

9. MoneyGram

MoneyGram grew from a network of worldwide storefronts to become the second-largest international money transfer service in the world. Like Moneycorps, MoneyGram allows you to transfer money from your computer or phone, but you can also initiate a transaction in person at more than 350,000 agent locations — including 40,000 in the US alone.

Its exchange rates and fees may cost you more than you’ll find with Moneycorps. But fast transfers with same-day delivery to many locations might be worth it.


  • Extensive global network of 350,000 agent locations in 200+ countries.
  • Online or in-person transfers for cash pickup, bank deposit or mobile wallet delivery.
  • Secure transfers, with same-day services in many countries.


  • Rates, fees and turnaround depends on your destination and payment.
  • Worldwide exchange rates can be 5% or higher than the mid-market rate.
Go to MoneyGram website

ofx logo

10. OFX

Moneycorp offers competitive rates, but strong rates is where OFX shines — many transfers start at a mere 0.4% above the mid-market rate. And you won’t be charged for two currency conversions either. All transfers of $150 or more come with no fees to a wide network of 195 countries and 55 currencies.


  • 24/7 access to competitive rates and no transfer fees.
  • No-max transfers to 195 countries and in 55 major and exotic currencies.
  • Offers scheduled, recurring transfers and hedging tools for savings into the future.


  • Supports bank-to-bank transfers only.
  • New accounts require phone verification for approval.
Go to OFX website

Xoom Logo

11. Xoom

Owned by PayPal, Xoom is a digital provider supporting secure money transfers to more than 65 countries. Xoom’s minimum transfer — a mere $10 — is lower than Moneycorps’, and Xoom backs its on-time delivery — including 24/7 tracking of your transfer’s progress — with a money-back guarantee. Rates can be as competitive as Moneycorps’, depending on your transfer, but you’ll avoid the double currency conversion to and from pounds that Moneycorps requires.


  • Same-day transfers of $10 to $2,999 worldwide.
  • More than 14 years of experience a call or click away.
  • Offers money-back guarantee if your transfer isn’t delivered on time.


  • Services a network of 67 countries only.
  • You’ll pay both a variable fee and a spread on the exchange rate.

Learn more

Sharemoney logo

12. Sharemoney

In business for more than 25 years, Sharemoney focuses primarily on transfers to South America, Asia and the Caribbean, and its services are limited to 36 of the 50 US states. But it offers fast, safe and easy transfers of $1 or more, with real-time tracking and flexible payment options.

Like Moneycorps, Sharemoney’s fee structure is complicated: You’ll pay a transaction fee plus a small percentage of the amount you’re sending, starting at a low $2.99 to select destinations. But you won’t pay twice on the conversion, potentially saving you money.

If your recipient lives in a country Sharemoney services, it’s worth comparing to Moneycorps — your friends and family might just be able to pick up your cash at an agent or at their door.


  • Send as little as $1 in 15 minutes or less, with cash pickup and home delivery in select countries.
  • Online calculator helps you see just how much money you’ll get for your dollar.
  • Simple, clear tracking provides notifications to ensure your money arrives safely


  • Limits services largely to South America, the Caribbean and Asia.
  • Available in 36 US states only.
  • You’ll pay a transaction fee plus a small percentage of your transaction.

Learn more

Walmart Logo

13. Walmart

This retail giant offers convenient cash pickups at it Walmart stores across the nation and to more than 190 countries worldwide, thanks to a partnership with MoneyGram. A reach of 350,000 agents worldwide might give it an advantage over Moneycorps, but Walmart doesn’t offer bank deposits. And its rates and fees will likely be higher than you’ll find with MoneyCorps, even accounting for MoneyCorps’ double conversions.


  • Send cash for pickup in minutes at any Walmart store or worldwide MoneyGram agent.
  • Transfers arrive to nearly 200 countries in about 10 minutes.


  • Limits transfers to cash pickups.
  • Rates and fees vary widely by destination and payment method.

Learn more

Currency Online Logo

14. Currency Online

Founded in 1986, Currency Online was one of the first to offer online money transfer services. It continues to offer low competitive rates today by cutting your typical banking fees out of the picture.

But while Moneycorps’ services aren’t tailored for saving transfers for most Americans, Currency Online doesn’t offer services in the States at all.


  • Easy online transfers with fast turnaround.
  • Competitive rates and low fees.
  • Supports transfers in more than 25 currencies.


  • Service not available in the US, Japan or areas of Canada.
  • Deposit transfers into bank accounts only.

Learn more

Paypal Logo

15. PayPal

You’ve likely used PayPal at some point for online purchases. But this digital giant also supports wireless overseas transfers to more than 200 countries in 20 currencies — a potentially larger network than you’ll find with Moneycorps. But it doesn’t offer the strongest rates out there, adding 2.5% or more on the mid-market rate. Still, depending on how much you’re sending and to where, you might pay less with PayPal than you’ll lose to the double conversion required by Moneycorps.


  • Safe, secure transfers to more than 200 countries.
  • Sign up to send money in under 5 minutes.


  • Proportionate fees mean the more you send, the more PayPal takes.
  • Weaker exchange rates than you’ll find with most digital competitors.

Learn more

Compare other spot contracts and hedging options.

Western Union is another service offering hedging solutions for businesses.

Need a service with flat fees?

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