Compare 12 money transfer sites like Paypal | finder.com
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Sites like PayPal for international money transfers

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Send money to family, friends or businesses with these alternatives to Paypal.

You likely know PalPal’s digital service for online purchases, but you may not know that it supports wireless overseas transfers. Its popularity around the world makes it possible to transfer up to 20 currencies across more than 200 countries. While PayPal is like a digital banking service, its rates are competitive compared with most banks and financial institutions, making it a good choice to avoid headaches.

Pros

  • Send money in the US for free
  • Available in 203 countries
  • Offers recurring payments
  • Low minimum transfer amount of $1
  • Multiple digital safeguards in place to protect against fraud and hacking

Cons

  • Fees are proportionate to the amount transferred — the larger the transfer, the more money it charges
  • Fees vary by location of transfer and method, with better deals for using a PayPal credit card or account
  • No cash pickup available
  • Low maximum transfer amount per transaction of $10,000
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ofx logo

1. OFX

Like PayPal, OFX allows you to send transfers to 195 countries and territories. However, that’s where the similarities end. OFX has no transfer fees, while PayPal has fees that are proportionate to the amount you’re sending — the larger the transfer, the higher the fees. PayPal has a small minimum transfer limit of just $1 and a low maximum transfer cap per transaction of $10,000, while OFX has a high minimum transfer amount of $1,000 and no maximum transfer limit, making it ideal for high-dollar transfers.

Pros

  • No transfer fees
  • 24-hour customer support
  • Available in 195 countries and territories and 55 currencies
  • Offers scheduled and recurring transfers
  • iOS and Android apps available for mobile transfer and tracking
  • No maximum transfer limit

Cons

  • Bank-to-bank transfers only — no cash payment or pickup
  • Verify new accounts by phone
  • High minimum transfer amount of $1,000

Go to OFX website


Worldfirst sites like

2. World First

World First is an online money transfer company founded in the UK in 2004. Unlike PayPal, which has fees dependent on how much you’re sending, the location of the transfer and the method, World First offers no fees for transfers over $10,000 with a promise to beat any quote you get from another international transfer service. It has a high minimum transfer amount of $1,000 — compared to PayPal’s mere $1 minimum — but has no maximum transfer limit, while PayPal caps each transfer at $10,000.

Pros

  • No maximum transfer limit
  • No fees for transfers of $10,000 or more
  • Offers spot contracts, forward contracts and hedging options
  • Provides weekly updates on market exchange rates
  • Rate lock available for continuing transactions
  • Competitive exchange rates, with a promise to beat any quote you get from another international transfer service

Cons

  • High minimum transfer amount of $1,000
  • Two-step process can mean up to six days for delivery
  • Social Security number and government-issued ID required

Go to the World First website


XE Money Transfer Logo” width=

3. XE Money Transfer

XE Money Transfer is a service designed to help you transfer your funds to a bank in a foreign currency — it doesn’t allow same-currency transfers like PayPal does. If you’re working far from home, XE 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. While PayPal has fees proportionate to the amount transferred, XE offers no fees with a higher maximum transfer cap of $500,000 compared to PayPal’s $10,000 limit per transaction.

Pros

  • No transfer fees
  • Trade in over 120 currencies, allowing for money transfers to over 170 countries
  • Competitive exchange rates save you money in the long run
  • Quick turnaround means transfer is complete in 3 to 5 days

Cons

  • Bank-to-bank transfers only
  • No same-currency transfers
  • Exchange rate comparison tool not available until after you’ve registered with the site

Go to the XE Money Transfer website


transferwise logo

4. TransferWise

TransferWise is a money transfer site designed to help you save money on exchanges through a peer-to-peer system. Its unique system allows you to exchange your funds with those of another seeking to convert their money to your currency. It’s basically trading money with another person, but it doesn’t cross borders. Because of its unique platform, TransferWise doesn’t allow for same-currency transfers like PayPal does. Both companies have a low minimum transfer amount of just $1 and fees dependent on how much money you’re transferring. However, TransferWise has higher transfer limits of $49,999 a day, compared to PayPal’s $10,000 limit per transaction.

Pros

  • $3 fee for transfers up to $300; a fee of 1% of the amount sent for transfers up to $5,000; a fee of 0.7% on any amount over the initial $5,000
  • Low minimum transfer amount of $1
  • High transfer limits — can send up to $49,999 a day and $199,999 a year
  • Apps for both iOS and Android
  • Uses mid-market exchange rate with no hidden fees

Cons

  • Transfers to bank accounts — no cash pickup option
  • No same-currency transfers
  • Two-step process means you must first wire your money to TransferWise, which then deposits the money to your recipient’s bank account
  • Requires a Social Security number to send money

Go to the TransferWise website


WorldRemit Logo

5. WorldRemit

WorldRemit provides a variety of transfer options in more than 140 countries worldwide, a smaller reach than PayPal’s 200 countries it offers its transfer services to. Both companies have low minimum transfer amounts of just $1, relatively low maximum transfer amounts and fees that are higher the more money you transfer. However, WorldRemit allows for cash pickup, home delivery and mobile airtime account transfers, options that PayPal does not have.

Pros

  • Low minimum transfer amount of $1
  • Available in over 140 countries worldwide
  • Flexible payment options, including debit or credit card, bank transfer, Android Pay and ApplePay
  • Transfers to mobile wallet accounts
  • Cash pickup available
  • Home delivery available
  • Mobile airtime account transfers

Cons

  • The higher your transfer, the greater the transfer fees
  • Low maximum transfer amount of $5,000

Go to the WorldRemit website


travelex logo

6. Travelex

Around since 1976, Travelex is an international money transfer service in 177 countries worldwide — almost as many as the 203 countries PayPal offers its services to. Travelex has a higher minimum transfer amount of $500 compared to PayPal’s $1 minimum, but it offers a much easier fee system: Transactions under $5,000 have a flat fee of $5, while transfers over that amount are free. Meanwhile, PayPal has fees proportionate to the amount transferred — the larger the transfer, the more money it charges. Travelex also offers a price promise that PayPal does not: If you find a better price within 30 minutes, Travelex will beat it.

Pros

  • Flat fee of $5 for any transaction under $5,000
  • No fee for transfers of $5,000 or more
  • Available in 177 countries and territories and 45 different currencies
  • Multiple transfer options including spot contracts, forward contracts, limit orders and recurring payments
  • Offers a price promise — if you find a better price within 30 minutes, it will beat it
  • Funds transferred in 1 to 4 business days, though same-day transfers are possible in select countries

Cons

  • High minimum transfer amount of $500
  • Bank-to-bank transfers only
  • No cash payments or cash pickups allowed
  • No check or credit card payments available

Learn more


torfx logo

7. TorFX

Unlike PayPal, which allows you to send money from anywhere in the US, TorFX only allows money transfers from Australia. It’s a stricter money exchange and transfer company than others, and requires that funds be cleared by individuals who hold TorFX accounts — meaning the money must be sent in advance before the transaction can be performed. Both TorFX and PayPal have low minimum transfer amounts of $150 and $1 respectively, but only TorFX offer no-fee transfers with competitive exchange rates with fixed exchange rate — often beating banks by more than 3%.

Pros

  • Multiple transfer options including spot contracts, forward contracts, limit orders and stop loss orders
  • No transfer fees
  • Competitive exchange rates with fixed exchange rate protection — often beating banks by more than 3%
  • Best rate guarantee
  • Offers transfers in 60 different currencies
  • Free registration allows you to get access to free market analysis and expert advice
  • Low minimum transfer amount of $150

Cons

  • Can only send money from Australia
  • Bank-to-bank transfers only
  • Users report technical and administrative problems that delay transfers

Go to the TorFX website


currencies direct logo money transfers

8. Currencies Direct

Unlike PayPal, which has fees proportionate to the amount of money you’re sending, Currencies Direct has no fees for 90% of its transaction. Both Currencies Direct and PayPal have low minimum transfer amounts of $100 and $1 respectively, offering competitive exchange rates. However, while PayPal has a $10,000 cap per transaction, Currencies Direct offers transfers in unlimited amounts.

Pros

  • No fees for 90% of its transactions
  • Supports 60 currencies
  • Competitive exchange rates
  • Low minimum transfer of $100
  • Supports large transactions at a seemingly unlimited max
  • Monitors exchange rates for your ideal transfer

Cons

  • No cash pickup option — bank-to-bank wire transfers only

Go to the Currencies Direct website


Western Union sites like

9. Western Union

Both PayPal and Western Union transfer to over 200 countries and territories around the world, with low minimum transfer amounts of $1 and low maximum transfer caps of $10,000 and $5,000 respectively. Like PayPal, Western Union has fees dependent on how much you’re sending, where you’re sending money to and the method you choose for your transfer. However, Western Union allows for cash pickup, while PayPal doesn’t offer that option.

Pros

  • Low minimum transfer of $1
  • Send money in minutes
  • Transfer to over 200 countries and territories across the globe
  • Cash pickup available
  • Multiple transfer options including paying with cash or your debit card, credit card or bank account
  • Trusted provider for over 160 years

Cons

  • Weak exchange rates that can be nearly 5% more than the mid-market rate
  • High fees, whereas other companies offer free transfers or low-fee transfers
  • Low maximum transfer amount of $5,000

Learn more


RIA Logo

10. Ria

In business for more than 30 years, Ria is a global monetary transfer network with more than 316,000 agent locations in 144 countries — a bit less than the 203 countries PayPal offers transfers to. Ria is the third-largest international money transfer provider in the world, offering cash pickup and home delivery options that PayPal does not allow for. However, both Ria and PayPal have low minimum transfer amounts of $1 and relatively low maximum transaction caps of $2,999.99 and $10,000 respectively, with fees that depend on the amount, location and method of transfer.

Pros

  • Low minimum transfer amount of $1
  • Wide variety of transfer payment options including cash, debit card, credit card and bank account
  • Worldwide transfer network, with over 316,000 agent locations in more than 144 countries
  • Online price calculator simplifies money conversion
  • Cash pickup available
  • Home delivery option in select countries
  • Fast turnaround if you send money with a debit or credit card, taking just 15 minutes

Cons

  • Maximum daily transfer cap of $2,999.99; maximum amount you can send in 30 days is $7,999
  • Rates and fees depend on amount, location and method of transfer
  • Does not offer forward contracts or limit orders
  • Bank account transfers take four business days

Go to the Ria website


moenygram logo

11. MoneyGram

The second-largest international money transfer service in the world, MoneyGram transfers funds in over 200 countries and territories around the world to more than 350,000 agent locations worldwide. Both PayPal and MoneyGram offer low minimum transfer amounts of $1 and have relatively low maximum transaction caps of $10,000 and $6,000 respectively, with fees depending on payment type and transfer destination. However, MoneyGram offers home delivery and cash pickup options, two services that PayPal does not have.

Pros

  • Extensive global network of 350,000 agent locations in over 200 countries and territories
  • Large pool of services available for sending, receiving or financing
  • Fast transfers, with same-day service in many locations
  • Home delivery and cash pickup options
  • Low minimum transfer amount of $1

Cons

  • Maximum online transfer amount of $6,000
  • Fees vary depending on payment type and transfer destination
  • Transfers must be made in US dollars from the US (no exchanges before transfer)
  • Local exchange rates vary by transfer destination

Go to the Moneygram website


Sharemoney logo

12. Sharemoney

Sharemoney is a part of the Omnex group, a company that’s specialized in money transfers for over 25 years. Unlike PayPal, which offers transfers in over 200 countries, Sharemoney only transfers money to 21 countries, which are largely limited to South America and select Asian countries. Both PayPal and Sharemoney have low minimum transfer amounts of $1 and $20 respectively, as well as low maximum transfer limits per transaction of $10,000 and $2,999.99 respectively. However, only Sharemoney offers home delivery and cash pickup options.

Pros

  • Low transfer fees starting at just $2.99
  • Low minimum transfer amount of $20
  • Exchange rate calculator helps you see just how much money you’ll get for your dollar, with rates updated hourly
  • Fast and easy service, with cash and bank transfers taking as little as 15 minutes to 24 hours
  • Door-to-door delivery in as short as 48 hours
  • Discounts available on Facebook

Cons

  • Limited state availability, with Sharemoney only licensed to operate in 36 out of 50 US states
  • Only offers one-off transfers
  • Can only transfer money to 21 countries, which are largely limited to South America and select Asian countries
  • Exact location must be specified for cash pickup
  • Low maximum transfer limits of $2,999.99 every 15 days, and $9,999.99 every six months

Learn more


Looking for lower fixed rate?

Travelex offers a flat fee of $5 for transactions under $5,000, and no fee for transfers over that amount.

Compare minimum and maximum transfer limits

Provider Minimum transfer amount Maximum transfer amount
OFX $1,000 No limit
XE Money Transfer $0 No limit
World First $1,000 No limit
WorldRemit $1 $5,000
Travelex $500 No limit
TorFX $150 No limit
Currency Online $1 No limit
Western Union $1 $5,000
TransferWise $1 $49,999
Xoom $10 $10,000
MoneyGram $1 $6,000
Ria $1 $2,999.99
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US International Money Transfers Offers

Important Information*
XE Money Transfer

Transfer up to $500,000 with no minimums and no fees.

WorldRemit International Money Transfers

Use promo code FINDER to send your first transfer at no fee to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First Foreign Exchange

Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for 100+ currencies.

TransferWise International Money Transfers

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

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