There are several ways to transfer money from one country to another. These services are OFX, Ria, Wise, and Remitly. These companies offer a variety of services and charges. You may be wondering which one is best for you. If you want to avoid paying unnecessary fees, try one of these services.
Leading International Money Transfers Options
OFX
Whether you need to send or receive money internationally, OFX has the features and flexibility you’re looking for. You can send or receive one-time payments, recurring transfers, or limit orders. You can even take advantage of their wide network of banks for the best possible exchange rates. If you have questions about currency exchange rates, you can ask their experts to help you navigate this market.
Remitly
Remitly is a Seattle-based online money transfer company that provides international money transfers from over 21 countries. The company focuses on immigrants seeking to send money home at a low cost and with quick delivery. Customers can choose from a variety of delivery options, depending on the country to which they’re sending money. Most money transfers are processed within 24 hours, and there are multiple methods to pay in and receive funds.
Ria
If you want to send money internationally, Ria can help you do that. You can send money online from your computer or your mobile phone, and they will charge your recipient’s bank account accordingly. You can also use your credit card to make a faster transfer.
Wise
If you’re sending a large amount of money overseas, Wise is one of the best options. Their fee structure is reasonable, and they offer the lowest exchange rate when compared to other money transfer providers. They also ensure that your funds are secure and take extra precautions to protect them. Their downsides are a longer transfer time than other providers and a limited list of countries they support.
Western Union
Western Union is a popular international money transfer service that lets you transfer money worldwide quickly and easily. It offers a variety of services to meet your needs, including sending money by phone, sending money online, and using bank accounts. The fees vary depending on your location and the currency you’re transferring. You can also pay using credit or debit cards. However, you may find that it’s cheaper to send money through a bank account.
Xoom
Xoom offers a wide range of payment options for international money transfers. Customers can choose the country they want to transfer money to and the currency they want to pay. Transfers take minutes, hours, or days, depending on the destination. In addition, Xoom can help customers top up their prepaid mobile phones. Non-traditional transfer routes, such as bank account transfers, can take a few days as they involve multiple financial institutions. A debit card transaction, on the other hand, is faster and involves fewer intermediaries.