There are many options when it comes to making international money transfers. There are many options for international money transfers. These include traditional banks and newer international money transfer businesses. The exchange rate, fees and delivery times as well as funding, payout and funding methods, all play a role in the final decision. You can find top 10 money transfers companies easily by searching a comparison site. However, you will still come across some providers who are worthy of being included in any online list of best international money transfer businesses. The following list will provide an overview of some major players in the money transfer market: TransferWise If your goal is to find a transparent, honest money transfer company that charges you reasonable fees, and converts money at the mid rate, without any markup, TransferWise may be the right service for you. You can transfer money from 71 country to them. They are based in 43. They offer bank transfers from one bank. You can also pay with debit or credit cards and through your mobile app for currencies other than USD. 2. WorldRemit is the best online money transfer site. This service is available in 50 and allows international money transfers to 150 country. You can send money overseas via bank-to-bank transfers, cash pickups at destination, mobile wallets, and an airtime topping up. You can use a credit or debit card to fund your international money transfer. You can also use Apple or Android Pay for this purpose. WorldRemit has three main strengths: convenience, affordability of rates and ability to make secure money transfers. 3. Remitly Remitly has been highly rated for its international money transfer services. It offers express and economy options to make international money transfers. You can make an international transfer within three to four hours using the express option. While the express option takes between three and five days, the economy option can take up to five. Express options are charged a higher fee than those with economy. They are generally well-respected for having reasonable transfer fees and exchange rates. 4. XE Money Transfer is another highly rated international money transfer service that can send funds to almost all countries 170. They offer the highest exchange rates and have zero transaction fees. You can make international money transfers online from your home. 5. Ofx Another highly-rated international money transfer service that has no fees for international transfers is OFX. You can make an international money transfer using your debit card, or wire transfer. However, the money cannot be transferred to the recipient’s bank account. You can choose from fifty-five currencies. Bank transfers take between one and three days or up to five days, depending on the location. They also offer their customers an OFX account that allows them to track and easily monitor their transactions. 6. TorFx TorFx, a UK-based international money transfer firm that offers very favorable exchange rates and charges no fees, has a great reputation. This company is an award-winning money transfer service because of its outstanding customer service. This money transfer company is known for being highly secure. It is approved by FCA, which is no surprise. It has also been awarded a Level 1 rating by Dun and Bradstreet. It is easy to set up an account at TorFx. You will also be assigned with your personal account manager. ______________________________________________________________ Interesting related article: “What is the Foreign Exchange Market?”
