Top 10 Money Transfer Services - Hong Kong

All listed services are safe & regulated
Get bank beating rates on your transfer
Fast mobile transfers
Available on:
2
Transfer Fees: Low
Score
9.5
Minimum transfer: none
Instant cash pickup & airtime top-ups
3
Transfer Fees: Low
Score
9.2
Up to 8x cheaper than traditional banks
Simple & easy to set up account
4
Transfer Fees: Low
Score
8.8
A global expert team available 24/7
5
Transfer Fees: Med
Score
8.4
No fees on transfers over £/$/€250
6
Transfer Fees: Med
Score
8.2
Good Money Guide awards winner (2023)
7
Transfer Fees: Med
Score
8
Pay suppliers in local currencies
8
Transfer Fees: Med
Score
7.8
9
Transfer Fees: High
Score
7.5
Offers travel card on Google wallet
10
Transfer Fees: High
Score
7
Fast & easy service

Advertiser Disclosure

Top10moneytransfer.com is an independent professional comparison site that provides users with free and valuable information on leading money transfer services. Top10moneytransfer.com is supported by referral fees from listed companies. We do not provide a listing of each and every company in the market. We do not guarantee 100% accuracy of the information. The information which appears on this site is subject to change at any time. We aim to help users make an informed choice that best suits their particular needs.

Advertiser Disclosure

Top10moneytransfer.com is an independent professional comparison site that provides users with free and valuable information on leading money transfer services. Top10moneytransfer.com is supported by referral fees from listed companies. We do not provide a listing of each and every company in the market. We do not guarantee 100% accuracy of the information. The information which appears on this site is subject to change at any time. We aim to help users make an informed choice that best suits their particular needs.
Service
Features
Charges
Score
Regulation
Transfer Money Now
1
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
ASIC (AU)
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
6,519 Reviews | Excellent
2
Low fees: 0-$1
Minimum transfer: none
Instant cash pickup & airtime top-ups
EUR
PHP
Low
GBP
NPR
Low
USD
INR
Low
FCA
Time to Open Account
A few minutes
Sending Options
Bank Account
Mobile App
Receiving Options
Cash pickup
Bank transfer
Mobile money
Airtime top up
Door-to-door
Required Documents
ID Documentation, Proof of Address
Mobile/App
Transfers
Social Media
Support
SMS/email
Notification
55,075 Reviews | Great
3
For new customers: 10 Free Transfers
Get support by phone or via email
EUR
CHF
Low
EUR
GBP
Low
ASIC, CBI
Time to Open Account
A few minutes
Sending Options
Bank transfer
Mobile app
Debit cards
Receiving Options
Bank account only
Required Documents
Passport/ID/Driver’s Licence, Proof of address (eKYC)
Xero Integration
(Business)
Phone
Support
Payment
Tracking
4
Pay & get paid with a global account
Transfer Money in 55+ Currencies
EUR
AUD
Low
FCA, ASIC
Time to Open Account
A few minutes
Sending options
Wire Transfer
Debit Card
Receiving Options
Bank Account
Required Documents
ID Card, Proof of Address
Local Account
Solutions
Mobile
Transfers
Locked-in
Exchange Rates
4,801 Reviews | Excellent
5
No fees on transfers over £/$/€250
Transfer speed: 1-2 hours
EUR
GBP
Med
FCA, FinCen, ASIC
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
49,571 Reviews | Excellent
6
Dedicated account manager for transfers above £2K
Batch payments in multiple currencies
EUR
GBP
Med
FCA, FinCen, FSCA
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
7
Good fit for online sellers
7 local currency accounts
EUR
GBP
Med
FCA, ASIC
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
1,872 Reviews | Very Good
8
Cash pickup around the world
Transfer money in minutes
EUR
GBP
Med
FMA
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
9
Offers travel card on Google wallet
Holds more than 50 currencies
EUR
PKR
High
FCA
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
3,045+ Reviews | Excellent
10
Fast & easy service
Charges £10 for all transfers under £3k
EUR
USD
High
FCA
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

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.