Service
|
Features
|
Score
|
Transfer Money Now
|
||||
---|---|---|---|---|---|---|---|
Ideal for transferring home
1
|
|
USD
GHS
Low
USD
INR
Low
USD
MXN
Low
|
FCA
|
||||
2
|
|
USD
USD
Low
|
9.5
Review
|
FDIC
|
|||
Best for transfers within USA
3
|
|
USD
USD
Low
|
9.2
Review
|
FCA (UK), ADI (AU)
|
|||
4
|
|
USD
AUD
Med
|
FCA, ASIC
|
||||
5
|
|
USD
MXN
Med
|
FCA
|
||||
6
|
|
USD
CAD
Med
|
FCA, FinCen, ASIC
|
||||
7
|
|
USD
EUR
Med
|
FCA
|
||||
8
|
|
USD
INR
High
|
ASIC (AU)
|
||||
Top10MoneyTransfer recommends checking the following features when comparing online money transfer companies so you can find the best provider for your international transfer.
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
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.
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.
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.
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.