Top 10 Money Transfer Services - Hong Kong
Transfer speed: usually instant
Instant cash pickup & airtime top-ups
Simple & easy to set up account
Advertiser Disclosure
Advertiser Disclosure
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Service
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Features
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Score
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Transfer Money Now
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1
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1st Transfer Bonus
Competitive rates, no hidden charges
Low-cost transfers for studying abroad
Transfer speed: usually instant |
AUD
 INR
Low
GBP
BDT
Low
EUR
 USD
Low
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ASIC (AU)
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Time to Open Account
A few minutes
Sending Options
Debit/Credit Card
Wire Transfer Bank Account Mobile App Receiving Options
Debit/Credit Card
Wire Transfer Cash pickup Bank transfer Mobile money Required Documents
ID Proof, Proof of Address
Money Transfer
Tracking
SMS/email
Notification
Bonuses &
Rewards
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2
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Low fees: 0-$1
Minimum transfer: none
Instant cash pickup & airtime top-ups |
EUR
PHP
Low
GBP
NPR
Low
USD
INR
Low
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FCA
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Time to Open Account
A few minutes
Sending Options
Bank Account
Mobile App Receiving Options
Cash pickup
Bank transfer Mobile money Airtime top up Door-to-door Required Documents
ID Documentation, Proof of Address
Mobile/App
Transfers
Social Media
Support
SMS/email
Notification
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3
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For new customers: 10 Free Transfers
Get support by phone or via email |
EUR
CHF
Low
EUR
GBP
Low
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ASIC, CBI
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Time to Open Account
A few minutes
Sending Options
Bank transfer
Mobile app Debit cards Receiving Options
Bank account only
Required Documents
Passport/ID/Driver’s Licence, Proof of address (eKYC)
Xero Integration
(Business)
Phone
Support
Payment
Tracking
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4
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Pay & get paid with a global account
Transfer Money in 55+ Currencies |
EUR
AUD
Low
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FCA, ASIC
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Time to Open Account
A few minutes
Sending options
Wire Transfer
Debit Card Receiving Options
Bank Account
Required Documents
ID Card, Proof of Address
Local Account
Solutions
Mobile
Transfers
Locked-in
Exchange Rates
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5
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No fees on transfers over £/$/€250
Transfer speed: 1-2 hours |
EUR
GBP
Med
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FCA, FinCen, ASIC
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Time to Open Account
A few minutes
Sending Options
Credit Card
Debit Card ACH Direct Debit (US Only) Bank Account Receiving Options
Bank Account
Required Documents
ID, Proof of Address
Money Transfer
Tracking
Live
Rates
Advanced
Currency Solutions
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6
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Dedicated account manager for transfers above £2K
Batch payments in multiple currencies |
EUR
GBP
Med
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FCA, FinCen, FSCA
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Time to Open Account
A few minutes
Sending Options
Debit Card
Bank Account Receiving Options
Bank Account
Required Documents
ID, Proof of Address
Spot Contracts
& Forward Contracts
Rate
Alerts
5 Star
Trustpilot
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7
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Good fit for online sellers
7 local currency accounts |
EUR
GBP
Med
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FCA, ASIC
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Time to Open Account
A few minutes
Sending Options
Wire transfer
Debit/credit card Receiving Options
Bank Account
Required Documents
ID, Proof of address (eKYC)
Business
Expertise
Phone
Support
Local Account
Solutions
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8
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Cash pickup around the world
Transfer money in minutes |
EUR
GBP
Med
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FMA
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Time to Open Account
A few minutes
Sending Options
Bank Account
Debit Card Cash Receiving Options
Cash Pickup
Bank Transfer Mobile Money Required Documents
ID Documentation, Proof of Address
Mobile/App
Transfers
Phone
Support
Locked-in
Exchange Rates
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9
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Offers travel card on Google wallet
Holds more than 50 currencies |
EUR
PKR
High
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FCA
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Time to Open Account
A few minutes
Sending Options
Bank account
Credit/Debit Card PISP Swift Google/Apple Pay Receiving Options
Bank account
Required Documents
ID Documentation, Proof of Address
Travel Money
Mobile/App
Transfers
Multi-Currency
Card
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10
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Fast & easy service
Charges £10 for all transfers under £3k |
EUR
USD
High
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FCA
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Time to Open Account
A couple of minutes
Sending Options
Mobile App
Debit Card (Visa/Mastercard) Bank Account Receiving Options
Bank Account
Required Documents
ID, Proof of Address
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Latest Reviews
"Instarem is easy to use and super fast like a bullet processing payment. I like it so much thank you instarem, wonderfull."
Pros
- Global Network: 55+ countries within a transfer click
- Transferring money to over 5 billion people
- Rewards: Earn “InstaPoints” for every transfer you make
- Safe & Reliable: regulated by 9 financial regulators
- Zero-margin fee payment for Indian students studying abroad
Cons
- The least you need to transfer is $50
- Do not accept any cash, cheques or third-party payments
"Fast and efficient service, I have full confidence in WorldRemit and make the transfer of funds so easy."
Pros
- Low costs incurred in transferring funds
- Friend referral bonuses available to clients
- Fully licensed and regulated by the FCA of the UK
- Flexible Payment Options: credit/debit cards, bank transfer and others
- Customer service available 24/7 in 6 different languages
Cons
- Not all countries are covered by WorldRemit services
- Transfer limit: max of $9k in 24 hours and $5k per transaction
"I've used it for a few years and it's always been very easy, quick and reliable. Rates are very competitive. Definitely recommend."
Pros
- Regulation: CBI, ASIC, MAS and C&E HK regulated
- Reliable customer service: with native speakers in En, De & Fr
- Average commission of just 0.35%
- Refer friends to CurrencyFair and you could earn €50 each
- Currencies exchange: no minimum or maximum amount
Cons
- Sign up is restricted to certain countries
- Transfers can only be funded by bank transfers (no credit cards)
How to Compare Money Transfer Services
Top10MoneyTransfer recommends checking the following features when comparing online money transfer companies so you can find the best provider for your international transfer.
Safety
Check your chosen money transfer provider is regulated by a government authority, to ensure your money is safe & protected when transferred. The main regulators include:
– FCA (Financial Conduct Authority), UK
– ASIC (Australian Securities and Investments Commission)
– FinCEN (Financial Crimes Enforcement Network), USA
Fees & Rates
Some money transfer services charge a fixed transaction fee, others take a percentage of the transfer sum, while some services waive the transfer fee completely. The conversion rate is another money-maker for many services and as such poses yet another crucial pricing component to examine carefully. Consider the above to find the most cost-effective solution for your transfer.
Customer Support
Check the customer support channels available are convenient for you. These generally include email, online chat, phone or online ticketing system. In addition, some money transfer services provide a personal account manager to assist with special transactions and important tasks. Try checking this beforehand, to avoid stress when you need help.
Sending & Receiving Options
It’s important to confirm the sending options offered by your preferred money transfer provider are convenient for you. You should also ensure that your recipient is able to easily collect the money sent. Common sending options include bank transfer or credit card. Common receiving options include bank transfer and cash pickup.
Transfer Amounts
Another important element to consider is the amount of money you wish to transfer. Some services offer better features and benefits for large transfer amounts or business transfers, while others better handle small transfer amounts or cash transfers. Use our comparison table to determine which provider best suits your money transfer needs.