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 220 countries and in 139 currencies.
Currencies Direct is a London-based money transfer service that caters to individuals and businesses. The platform offers transfers in 40 different currencies and 120 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 2014, Instarem is a cross-border payments processing company, which has been involved in transferring funds to more than five billion people. As well as a full-service app and user-friendly website, the company provides transparent details of rates and fees when you get a quote. Instarem also allows you to earn loyalty points, which you can put towards a discount on future transfers.
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.