Our top picks are our selection of some of the best money transfer products and services, based on our extensive research and market experience. Our top picks are displayed at the top of some pages to help you make decisions faster, but they may not necessarily be the best picks for you.
Finder’s top picks highlight brands that our analysis shows are the best fit for specific categories. Be sure to consider your own personal objectives, needs and circumstances before making a decision using our top picks.
8
Top pick categories
14
Features considered
40
Companies compared
Our top picks are chosen by comparing 14 features. For each category, we make a selection based on our expert analysis of the “sending corridor” that we’re displaying that top pick in. Transfers between the UK and Nigeria is a sending corridor. Transfers between France and Australia is another, for example. We also take market data and the opinion of industry peers and customers who have used the service into consideration.
What’s in this category?
Transfers ranging from £1-£9,999. The small transfer size is chosen based on popular send amounts, price breaks based on send amounts and more.
What’s the most important feature of this category?
Total transfer cost.
What other features do we prioritise?
What’s in this category?
Transfers above £10,000. The large transfer size is chosen based on popular send amounts, price breaks based on send amounts and more.
What’s the most important feature of this category?
Total transfer cost.
What other features do we prioritise?
What’s in this category?
Transfers that can arrive instantly, within minutes or within an hour. Fast transfers are determined by speed and will vary depending on the sending destination, your payment method, public holidays, the receiving method, identification requirements and more.
What’s the most important feature of this category?
Delivery speed.
What other features do we prioritise?
What’s in this category?
Transfers that can be picked up in cash, be delivered door-to-door in cash or instantly loaded onto a debit or similar spending card. Cash pick-up is often needed in emergencies, so we take this into consideration alongside the number of cash pick-up locations.
What’s the most important feature of this category?
Availability of having cash delivered to the recipient.
What other features do we prioritise?
What’s in this category?
Transfers that reward you for using the same company for all of your sending, whether that is every day, week, month or less. If you’re looking to pick one company and use it for all your transfers, this category may be for you.
What’s the most important feature of this category?
Rewarding customer loyalty.
What other features do we prioritise?
What’s in this category?
Transfers that allow you to take advantage of market tools to lock in exchange rates. These tools are typically for advanced users and may include spot contracts, recurring transfers, forward contracts and similar tools.
What’s the most important feature of this category?
Availability of hedging options.
What other features do we prioritise?
What’s in this category?
Transfers that don’t rely on traditional banking options to be sent or received. Because people who have only basic bank accounts or don’t have a bank account at all often lack the proper ID needed for money transfers, this category takes ID requirements into consideration when possible.
What’s the most important feature of this category?
Cash payment with little to no ID.
What other features do we prioritise?
What’s in this category?
For this category, we take into account all features, fees, exchange rates and more for the specific sending corridor in question. Although our “overall” pick may not indicate the best option for any specific use category, the performance of the company makes it a strong choice for all situations. We only display an “overall” pick when one company clearly stands out from the rest.
What’s the most important feature of this category?
Well-rounded capabilities.
What other features do we prioritise?
No, but we’re trying our best to make that happen. Because it takes a large amount of time and resources to properly analyse a money transfer provider, we aren’t yet able to cover 100% of the market. It’s extremely important to us that the information we provide you is as accurate as possible, and we’d rather focus on quality over quantity when it comes to reviewing providers.
The process of gathering data is quite time-consuming, as we not only check reviews, fees and exchange rates for every new provider we list, we also maintain updated data on existing providers on our site.
It varies depending on the market. Some corridors are reviewed weekly, while others may be reviewed once a quarter or once a year. We update markets based on developments in the money transfer industry and developments focused specifically on the market at hand.
Click the dark blue chat bubble at the bottom right of your browser, or scroll to the bottom of the page and ask one of our experts using the available form. We sincerely appreciate feedback to make sure we provide the best information possible.
Due to the complicated nature of money transfers, there are a few assumptions we may have to set on specific pages. Whenever fees or exchange rates are listed, we will include the date from which the data was sourced. Rates may have changed since then, so always double-check exchange rates and fees.
Learn about how Small World alternatives can help you send more money for less.
Revolut has made a name for itself as a favourite for frequent travellers by offering great currency services. Stick within the “fair usage” limit for your plan and the pricing can be hard to beat.
Halifax offers different ways to send money overseas to friends and family. Check the exchange rates, fees and features in our review, and compare your options.
Learn about taxes on large-money transfers to the UK from abroad, including penalties and exceptions.
Xe is a leading company of currency solutions that offers competitive exchange rates, no fees and fast money transfers.
Lloyds Bank provides a range of options for sending money overseas to friends and family. See exchange rates, fees and services here and compare your options.
If you’re looking for a secure way to send money overseas, an international bank draft could be for you – but if speed is important, consider using a money transfer service instead.
Check out our review of TorFX’s fee-free money transfers.
If you’re thinking of sending a money transfer with Western Union, read our review of its transfer speed, exchange rates and fees first.
Send an international money transfer to someone without a bank account. Get it there instantly and they can pick it up in person, in cash. Get quotes now.