Top 10 Money Transfer Services - USA

All listed services are safe & regulated
Get bank beating rates on your transfer
Available on:
Choose Your Transfer Amount:
1
Transfer Fees: Low
2
Transfer Fees: Low
3
Transfer Fees: Low
4
Transfer Fees: Low
5
Transfer Fees: Med
6
Transfer Fees: Med
7
Transfer Fees: Med
Service
Features
Charges
Score
Regulation
Transfer Money Now
1
Great exchange rates & no fees
Same day transfers option
Conversion to any currency
Recognised global brand
USD
-
EUR
Low
USD
-
GBP
Low
USD
-
CAD
Low
FinCen, FCA, ASIC
Time to Open Account
A few minutes
Sending Options
Credit Card
Debit Card
Bank Account
Receiving Options
Bank Account
Required Documents
ID, Proof of Address
Mobile
Transfer
Phone
Support
Advanced
Currency Solutions
3,442 Reviews | Excellent
2
Low fees and exchange rates
Door to door cash delivery option
Instant transfers to mobile money accounts
USD
-
PHP
Low
USD
-
NGN
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
3
Good fit for SMBs
Zero transfer fees
USD
-
EUR
Low
USD
-
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
3,389 Reviews | Great
4
1st Transfer Bonus
Zero-Margin FX Rates
USD
-
INR
Low
ASIC (AU)
5
Transfer money via app, online or phone
Segregated accounts for customers
USD
-
EUR
Med
FCA
6
No minimum transfer amount
Good customer service
USD
-
EUR
Med
FCA
7
Good fit for medium-large transfers
TrustPilot Best in “Money” category 2016
USD
-
EUR
High
FCA

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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.

Latest Reviews

"After many hours of researching my best options for funding my daughter's overseas tuition, I went with XE.com and I am very satisfied with the cost being minimal and the process expedient."

Brenda Neil - October 6, 2019

Pros

  • Fully regulated by the FCA, FinCen, ASIC, and FMA.
  • $0 fees per transaction with highly competitive “mid-market” exchange rates
  • Free accounts (personal & business)
  • 170+ countries and 60+ currencies available
  • Instant and professional customer support 24/7

Cons

  • Cheques and cash payments are not accepted
  • Maximum transfer amount of $500,000

"WorldRemit is fast, convenient and offers better transfer rates than my bank. Have used them several times and would definitely recommend them!"

Jenny Foster - September 15, 2019

Pros

  • Low costs incurred in transferring funds
  • Friend referral bonuses available to clients
  • Fully licensed and regulated by the FCA of the UK
  • Multiple options are available to pay for transfers including credit cards, debit cards, prepaid cards, e-wallets and others

Cons

  • Transfer amounts are limited
  • Not all countries are covered by WorldRemit services
  • Customer service options are limited

"Instarem is now my preferred way to transfer money overseas. Cost-effective, fast and very easy to use."

Martin P - September 29, 2019

Pros

  • Extremely well-priced money transfer services
  • Competitive exchange rates.
  • Fast transfer of currency, generally within one business day of funding the transfer
  • Fully regulated & licensed
  • Safe and secure money transfers

Cons

  • The least you need to transfer is $50
  • A transaction fee of 0.75% applies to all money transfer transactions from India.
  • Do not accept any cash, cheques or third-party payments.

How to compare money transfer services

Top10moneytransfer uses the following checklist of important things to take into consideration when comparing the different services before making an international money transfer.

  • Safety. The money transfer industry is a highly regulated field, with multiple regulatory agencies and authorities issuing licenses to money transfer companies, including:

– FCA (Financial Conduct Authority), UK

– ASIC (Australian Securities and Investments Commission)

– FinCEN (Financial Crimes Enforcement Network), USA

There are many more regulatory agencies besides these three examples, and all of them serve the same purpose: to prevent companies from taking advantage of trusting consumers. Make sure to examine the regulation of the chosen service.

  • Fees & rates. Some services charge customers a fixed transaction fee, others take a percentage of the transfer sum, and there are also services that waive the transaction fee completely. Explore the breakdown of fees thoroughly to choose the most cost-effective solution. The conversion rate is another money-maker for many services and as such poses yet another crucial pricing component to examine carefully.
  • Customer support. Before clicking on “Send Money”, ask yourself if the customer support is available by phone 24/7 in the event you’re in need of urgent assistance. In addition, some 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. Your goal is to ensure that your recipient is able to easily collect the money sent. Depending on the available sending and receiving locations and the provided services, options will vary. Sometimes a cash pickup is available, sometimes you need to transfer the funds to the recipient’s bank account. Other money transfer services use their own virtual accounts for money transfers. Check the options before sending your money.
  • Transfer amounts. Some services are specifically designed and offer serious benefits for large transfer amounts or business transactions, while others better handle small cash transfers.  In this case, use our comparison table to determine what suits you best.

Transfers from the USA 

  • Safety. FinCEN (Financial Crimes Enforcement Network), the main local regulatory authority is controlling the financial services, so when planning a transfer from the US make sure a company is registered and licensed by the FinCEN.
  • Easy recurring payments online. An ACH transfer is one of the main ways to send or receive money online in the US. An ACH transfer is the electronic movement of money between banks through the Automated Clearing House network, one of the biggest U.S. payment systems. When you set up a pre-authorized recurring bill payment, for example, the company or individual you’re paying can pull the preset amount from your account each month without a need for you to perform any actions.
  • Fees and rates. The US is one of the main locations for modern FinTech industry, thus the competition is very high. You can find a service with nominal or no transaction fees, as well as fair mid-market exchange rate. For example, when sending 10 000 USD to EUR, you can potentially save more than €400 by using top services like XE over one of the local high-street banks like CITI.
  • Top 3 USA’s currency corridors. USD/EUR; USD/GBP; USD/CAD