Save money with a money transfer service when sending $1,000 internationally
Whether sending money to loved ones in Mexico, paying a supplier in Poland or helping your sophomore studying in Rome buy textbooks for the new semester, you can take advantage of competitive rates and low fees when sending $1,000 overseas.
Compare your options for sending $1,000 overseas
Use our comparison calculator to assess speed, fees and exchange rates for sending funds overseas with our money transfer partners.
Each of our transfer partners offers safe, secure and affordable overseas money transfers.
What are my options?
While you have different options for sending money overseas, an online money transfer service will give you most bang for your buck. Money transfer services like OFX and World First specialize in money transfers abroad. Since these companies have an expertise and sole focus on international money transfers, you can save money when sending cash across the world.
You’ll find that most banks offer weak exchange rates, high fees and fewer options to send and receive when compared with money transfer services.
Case study: Send $1,000 to Mexico
Gabriel wants to send a birthday gift of $1,000 to his cousin in Mexico. He decides to compare what his bank’s offering against an international money transfer service to see which services will get him the best deal.
|Major US bank||Money transfer company|
|Exchange rate||1 USD = 20.94 MXN||1 USD = 21.31 MXN|
|Transfer speed||2–5 days||3–4 days|
|Transfer options||Online, in branch||Online|
|Total pesos received||20,835 MXN||21,203 MXN|
Though speed times are similar for both services, Gabriel discovers that his cousin could receive an additional $17 in pesos with the money transfer service while saving an additional $5 on transfer fees.
Sending money from the US to anywhere in the world
Exclusive offer: $0 fees with OFX and World FirstTrusted partners of finder.com, OFX and World First are waiving transfer fees on all qualifying transfers. See how they compare to find the right one for your needs.
|Maximum transfer||No limit||No limit|
|Transfer fee||No fees for transfers of $1,000 or more.||$10 for transfers of up to $10,000; no fee for higher amounts|
|Transfer speed||2 days||1 day|
|Transfer methods||Online, phone, agent, bank-to-bank, money order||Online, phone|
Minimum and maximum limits for money transfers
We’ve compiled the minimum and maximum transfer amounts for leading providers that can help you transfer $1,000 overseas.
|Provider||Minimum transfer amount||Maximum transfer amount|
|World First||$250||No limit|
|Travelex International Payments||$500||No limit|
|Currency Online||$0||No limit|
No matter what the reason, you can save money transferring $1,000 overseas when you’re:
What money transfer service will best suit my needs?
It depends what you’re looking for — some people want to move money around for as cheap as possible while others care the most about the speed of the transfer. From reading customer reviews and making comparisons, here’s what we’ve found.
Best customer service
Most options for sending money
When transferring $1,000, it’s vital that you get the most affordable deal. Even a slight difference in exchange rates or fees can make a big impact on the overall cost of your transfer, so you’ll want to compare your options before choosing provider.