15 Best International Money Transfer Services 2025 Update

However, unless the issuer offers a digital card option, you’ll have to get the recipient the physical card so they can use it to make purchases or withdraw cash. This likely will require mailing the card, which can bring additional risk when sending money. The fastest way to transfer money internationally is to use a specialist money transfer service like Wise or Remitly. With most of these services, the money never leaves the borders physically, making the money delivery a lot quicker. You can go through your bank, use a specialist money transfer service, or use an online currency exchange. Each option has its pros and cons, so it’s important to do your research before deciding which is the best for you.

The best choice depends on where you’re sending money, how much, and how fast it needs to get there. There are several different types of money transfer services available, from bank and wire transfers to remittance services and money transfer apps. Compare your options below to find the best international money transfer services for Chatonline365 you.

This guide not only tells you how to compare money transfers but also how to avoid getting ripped off by banks, financial institutions or Credit Unions. These places market themselves as cheap, but more often than not, they are anything but. You can use our handy calculator to find out exactly how much will you pay for your transfer. The cost depends on where you will be sending money from and to, as well as on your chosen payment method.

Best International Money Transfer Services: The Definitive Guide 2025

PayPal funds may be received instantly into a recipient’s PayPal account and can then be transferred to a bank account as soon as the next day. Maybe you need to send money to a child in college, pay your son’s piano teacher or split the cost of dinner with a friend. Whatever the reason, most people need to send money to a family member, friend or someone else at one time or another. There are several ways to do that electronically, each with its own advantages. Each of these apps has data encryption protection and provides an email confirmation when you send money. Venmo and Cash App also offer the option to add a PIN code to sign in to your account.

Send & Receive

A cashier’s check is a secure form of payment that is guaranteed by the issuing bank, rather than by a personal bank account. To send money using a cashier’s check, a person visits their bank or credit union and requests one. They’ll need to provide the exact amount and the name of the person or entity they’re paying (the “payee”). There are many different ways to send funds domestically and internationally, including through methods like a money transfer app, wire transfer, or personal check. You can securely send money to friends and family through Messenger using a bank-issued debit card or PayPal account. If your recipient doesn’t already have a prepaid debit card, you can purchase one for them and add cash to the card immediately.

Your delivery may also arrive late due to banking holidays and weekend closures. Log into the app you use to check the status and determine if you need to provide additional information. If you regularly wake up in one country and go to sleep in another, managing money across borders can be difficult.

• There are no transfer limits, no need for traditional bank accounts, and no restrictions based on country.
• These networks use the latest encryption and authentication technologies, reducing the risk of fraud or theft.
• PayPal also offers other features that make it a great option, such as being able to use it as a payment option on many online shopping websites.
• Compensation may influence how and where products appear, including their order in listing categories.
• The higher it is, the lower the markup is, and the more money your recipient receives.

When I called, I reached a representative in about four minutes. The help line and live chat are not open at night or over the weekend. It’s become a very useful app to have, as many of my friends use Venmo. Venmo, which is owned by PayPal, continues to grow and finished 2020 with 52 million users according to Business of Apps.

You’ll need the Venmo app on your phone to send or receive money through the service. You can easily link your bank account to send money to people for free. You can transfer money from Cash App to another bank account instantly. Whether you’re sending money to a friend, paying a freelancer, or transferring funds internationally, choosing the right app can make all the difference. The tried-and-true personal check is one of the most common methods of sending cash to someone. When you write a check, you promise to pay your recipient from funds in your bank account.

They offer a convenient and fast service with competitive currency conversion rates and low fees. Plus, you can use their mobile app for on-the-go transfers on both iOS and Android platforms. The cost of your transfer comes from the fee and the exchange rate. Many high street banks offer “no fee”, while hiding a markup in the exchange rate, making you pay more. We only use the mid-market exchange rate, and show our fees upfront.

How Do I Send Money To A Bank Account?

TorFX doesn’t charge transfer fees however they add a markup to the exchange rate that ranges between 1.9 (for large transfers) to 3% (for smaller transfers). With WorldRemit, you can send money by bank transfer, mobile money, airtime top-up, or even as a cash pickup. Enjoy 0 transfer fee on your first online transfer to a bank account or a mobile wallet. Atlantic Money offers a simple, competitive way to send money abroad with a flat £3 fee for amounts up to £1 million.

Look for services with clear help resources and live support options. One downside of using Venmo is that you can’t cancel payments once you’ve sent them. To get your money back, you’d have to ask the recipient to initiate a return.

It can take a few days to be transferred to a bank account, though. Zelle is one of the best ways to send money, letting you send funds from your bank account to be deposited immediately to the recipient’s bank account. For app-based money transfer services, you can generally cash out to your bank account.