Top 10 Money Transfer Services
All listed services are safe & regulated
Get bank beating rates on your transfer
Available on:
Service |
Features |
Score |
Transfer Money Now | ||||
|---|---|---|---|---|---|---|---|
1  |
No transfer fees
Conversion to any currency
Excellent customer support
Best service for transfers over $/£/€5,000 | EUR - GBP Low EUR - USD Low EUR - AUD Low | FCA, FinCen, 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 | |||||||
2  |
Low fees and exchange rates
Door to door cash delivery option
Instant transfers to mobile money accounts | EUR - GBP Low EUR - USD 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  |
300,000 cash pick-up locations
Good for sending money home | EUR - GBP Low EUR - AUD Low | FCA | ||||
Time to Open Account A few minutes Sending Options Bank Account Mobile App Receiving Options Cash pickup Bank transfer Mobile money Required Documents ID Documentation, Proof of Address Mobile Transfer Payment Tracking Cash Pick-Up
| |||||||
4  |
Instant card-to-card transfers
Send money to over 70 countries | EUR - GBP Med |
88
Review | FCA | |||
Time to Open Account A few minutes Sending Options Credit card Receiving Options Credit card Bank account Required Documents Passport/ID/Driver’s Licence, Proof of address Mobile/App Transfers 24/7 Customer Support Instant Delivery | |||||||
5  |
Option of 30 minutes delivery
High security standards | EUR - GBP Med |
84
Review | FCA | |||
6  |
1st Transfer Bonus
Zero-Margin FX Rates | EUR - AUD Med | ASIC (AU) | ||||
7  |
Good fit for online sellers
Pay suppliers in local currencies | EUR - GBP Med | FCA, ASIC | ||||
8  |
Transfer money via app, online or phone
Segregated accounts for customers | EUR - GBP Med | FCA | ||||
9  |
Dedicated private/corporate window
Portfolio includes spot transactions | EUR - GBP Med | FCA (UK) | ||||
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.
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 - July 24, 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
"I've used it for a few years and it's always been very easy, quick and reliable. Rates are very competitive. Definitely recommend."
Greg Anguise - June 8, 2019
Pros
- ASIC and AFS regulated
- Free to register
- Reliable customer service
- Average commission of just 0.35%
Cons
- Certain countries are excluded from using the service
"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
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.