XE has been in business since 1993. The company is part of Euronet Worldwide (NASDAQ: EEFT), which processed $115 Billion last year as the third largest money transfer business in the world. XE has built a reputation for trustworthiness and reliability in its many years in business. XE lets you make online international money transfers anytime, to over 170 countries and in 60 currencies.
WorldRemit is a simple and fast money transfer service that lets you send money to 150 different countries. The platform offers several different ways to pay and supports bank transfers, cash pickups, airtime top-ups, and more. Transfers are swift, and nearly all are completed within the same business day. On top of that, WorldRemit doesn’t require a minimum transfer amount.
HiFX transfers nearly $75 billion annually to over 170 countries in 60 currencies and has earned a reputation for great customer service. The company combines personal money transfer solutions with business-ready services that can help everyone from small boutique companies to enterprise firms that need to send thousands of payments at a time.
Small World is a money transfer service that makes it easy to send cash anywhere in the world. The service has more than 250,000 cash pickup locations and supports bank transfers to over 90 countries. It also offers a convenient mobile app so you can send money on the go. Between the transfer fee and exchange rate, you could pay up to 4% per transaction.
Remitly is a fast and affordable money transfer service for sending money around the world. Built with immigrants who need to send money home in mind, the platform excels for those who need a quick and simple way to transfer money internationally. Remitly doesn’t support sending money between developed countries. But it supports transfers to nearly 60 different countries across Europe, Asia, Africa, and South America.
Currencies Direct is a London-based money transfer service that caters to individuals and businesses. The platform offers transfers in 40 different currencies and 200 countries around the world. Currencies Direct charges zero fees for most transfers, but the exchange rate you receive is typically 0.25-1.5% below the going market rate. If you want to lock in a better rate, the platform offers helpful tools like exchange rate alerts.
OFX provides individuals and businesses with international money transfers at significantly cheaper rates than traditional banks. It serves customers around the world, offering to convert transfers from 15 major currencies into 55 currencies – and counting. OFX’s platform is easy to use; transfers to most countries take 1-2 business days, and you can track your transfer online or through a mobile app.
Founded in 2004, TorFX helps individuals and businesses make around $7 billion in money transfers per year. TorFX covers wide parts of the globe, with transfers in 60+ currencies to 120+ countries. It lets users move money online, by mobile app, or over the phone with an account manager. Its service is useful for people who make regular payments abroad, such as for the purpose of monthly mortgage payments.
Since 2009, CurrencyFair has been providing people around the world access to fast, low-cost currency transfers. With €8 billion already exchanged between members, customers have to date saved over an estimated €205 million in unfair bank fees. By bypassing the banks, CurrencyFair can “exchange” its customers’ funds within as little as 0-1 business days and charge significantly lower fees than the banks.
SendFX is an Australia-based money transfer provider, founded in 2019. They offer no-fee bank transfers in 38 currencies to 212 countries. The Send platform is easy to use, and they provide a unique customer loyalty program.
TransferGo operates bank accounts around the world, enabling it to facilitate the exchange and transfer of funds from a person in one country to a recipient in another. Not only is it cheaper than regular banks, but it also enables users to send funds quicker—getting the funds to the recipient’s account in as little as half an hour.
Azimo is a fully digital money transfer service that makes it easy and inexpensive to send money to family and friends across the globe. It offers a range of transfer types, fast transaction times, and transparent payment tracking so that you won’t worry about whether or not your money has arrived. Azimo uses a highly secure process and works with leading banks around the world.
Paysend is an online and mobile money transfer service specializing in speedy, card-to-card and card-to-bank transfers. By virtue of its relatively low transfer limits, Paysend charges lower fees and rates than most of its competitors. Because of its special arrangement with Visa, Mastercard and UnionPay, Paysend is able to transfer money to the recipient's credit card, debit card, or bank account in over 70 different countries instantly.
Plooto is a money transfer software for businesses that makes accounts payable and receivable easier. The platform offers an unlimited number of users, approvers, customers, and bank connections. Plooto supports international transfers across more than 30 countries, automated account workflows, and integration with Quickbooks and Xero. The downside to Plooto is that transaction fees can be high, especially for international payments.
Currency Solutions is an online money transfer company catering to individuals and businesses that regularly trade high amounts from one currency to another. Its service is stacked with special features, including pre-set regular payments and a range of forward contracts. It also caters to online sellers, allowing people to collect sales revenue in multiple currencies without paying high conversion fees.
Rewire is changing the way expats and foreign workers in Britain send money back home. For many people, getting a British bank account and remitting money back home can be a long and painful process. But thanks to Rewire, it’s now super easy to get an account and send money home to any of the following countries: China, Ghana, India, Kenya, Nepal, Nigeria, Philippines, Sri Lanka, and Thailand.
TransferWise launched its money transfer service on one platform: offering fair and reasonably priced money transfers to people across the world. Using mid-market exchange rates to keep transfers competitively priced, TransferWise provides one of the cheapest services in the industry. What’s more, people love it! With user-friendly resources online and a top-notch mobile app, TransferWise is certainly a service for the people.
FC Exchange provides you with quick and secure currency transfers with a Best Exchange Rate Guarantee. Forward contracts can help you lock-in an exchange rate for up to two years, but you can also make one-off or regular transfers, or utilise market orders.
Travelex has over 40 years’ experience in foreign exchange and allows customers to send money around the world to dozens of countries. With Travelex you can also buy pre-paid currency cards that can be used internationally with multiple currencies. You can set up the cards with locked in exchange rates and transparent pricing so you know what you’re paying for with no hidden fees.
WorldFirst is an international money exchange company for personal, business and online seller accounts with services to Australia, Canada, France, New Zealand, Spain, USA, UK, Germany, and many others. The company has a simple to understand cost breakdown—there is no charge whatsoever on personal transfers, and the company makes its money mostly from charging a very minimal margin on exchange rates.
Privalgo is an online money transfer service authorised by the Financial Conduct Authority that facilitates quick bank-to-bank transfers between countries and currencies. Founded in London in 2018, Privalgo combines the latest FinTech to ensure swift onboarding in minutes and human interaction with expert personal relationship managers.
MoneyGram is a global provider of money transfer and payment services that enables customers to send money and pay bills in-country and globally. Founded in 1940, it is now the second largest money transfer company on the planet, with some 350,000 locations around the world. It offers transfer services across multiple channels including online, mobile, account deposits, cash machines, and kiosks.
Western Union lets you transfer money to almost anywhere in the world. With around 550,000 locations, low rates, and decades of service, Western Union is seen as the most dominant player in this industry. The network spans over 200 countries, and you can choose from several easy payment methods. Some transfers can get expensive though, and the standard service caps your transfers pretty low.
Universal Partners FX is a currency exchange company that has been in business for over 10 years. It offers fast, safe and secure money transfers to over 200 countries, with bank-beating rates and no added fees.
Foremost Currency Group is an online money transfer service that supports more than 40 currencies and 120 countries. The platform offers quickspot transfers, forward contracts, and limit orders so you can always get the exchange rate that’s right for you. There are no transfer fees or commissions, and no maximum transfer limit for transactions made over the phone. Most transfers are completed in 1-3 business days.