Money transfer services
Comparison of the best money transfer services available in the USA.
Written by
Andrew Boyd
|
Verified by
Nikita Sheth
Updated Dec. 5, 2023
|
Rates updated regularly
Comparing of 20 money transfer services
On website
Revolut
Minimum Transfer Amount
$1.00
Transfer Speed
Within 30 minutes
Transfer Fee
$0.00
Highlights
- Get a $10 bonus when you sign up.
- Unlock 10 zero-fee international transfers, every month
- Wire internationally at excellent exchange rates within 30 minutes
- Trusted by over 20 million users worldwide
Pros
Cons
On website
PayPal
Minimum Transfer Amount
$1.00
Transfer Speed
Real-time
Transfer Fee
$0.00
Highlights
- Send money in seconds. Do more with friends – send money, split bills, and pool funds from PayPal friends quickly and easily, with just a mobile number or email address.
- Get instant spend notifications, so you can easily keep track of all your online hauls.
- With the PayPal app, the only thing you need to touch when you pay in person is your own phone.
Pros
Cons
On website
Currencies Direct
Minimum Transfer Amount
$1.00
Transfer Speed
1 day
Transfer Fee
$0.00
Highlights
- International money transfers. Use Spot Contracts to transfer funds as quickly as possible. Existing Currencies Direct exchange rates apply. No transfer fees apply.
- Multiple currency wallets. Carry balances in your account in multiple currencies.
- Forward contracts. This allows you to lock existing rates for up to one year by paying a small deposit.
Pros
Cons
On website
Remitly
Minimum Transfer Amount
$10.00
Transfer Speed
Within an hour
Transfer Fee
$2.99
Highlights
- Enjoy great exchange rates and low fees.
- Every transfer carries a delivery promise. Have your money delivered on time or get your money back.
- Safety and security. Remitly uses industry-standard security protocols and encryption.
Pros
Cons
On website
Xe Money Transfer
Minimum Transfer Amount
$0.00
Transfer Speed
N/A
Transfer Fee
$0.00
Highlights
- Send money to 220+ countries and territories.
- Xe rates are consistently some of the best in the business and trusted by millions.
- With millions of transfers under its belt last year, Xe knows how to ensure your money and information are treated accordingly.
Pros
Cons
On website
Airwallex
Minimum Transfer Amount
$1.00
Transfer Speed
1 day
Transfer Fee
$0.00
Highlights
- Spend less on FX fees and more on growth.
- Make payments in 31 currencies, into over 130 countries and counting.
- You always get access to Airwallex's best rates, no matter the transaction volume.
Pros
Cons
On website
OFX
Minimum Transfer Amount
$250.00
Transfer Speed
1 - 2 days
Transfer Fee
$0.00
Highlights
- Enjoy better rates and fees.
- Transfers to most countries take 1-2 business days. Track your transfer online or with the OFX mobile app.
- With support staff that are located in the USA, UK, Australia, Canada, New Zealand, Hong Kong and Singapore.
Pros
Cons
On website
Instarem
Minimum Transfer Amount
$1.00
Transfer Speed
1 day
Transfer Fee
$1.00
Highlights
- Use the promo code FINTY and get a $20 bonus on your first transfer. Terms and Conditions apply.
- Send money and earn points.
- Enjoy low fees, and great FX rates. No hidden charges.
- Transfer money to 55+ countries.
Pros
Cons
Wise
Minimum Transfer Amount
$0.00
Transfer Speed
1 - 2 days
Transfer Fee
$0.00
Highlights
- Transfer funds with no hidden fees, no bad exchange rates and no surprises.
- Indulge convenience by transacting thru the Wise App anytime and anywhere!
- Get help when and where you need it with Wise's global support team.
- Your money is safe. Wise is registered with the Financial Crimes Enforcement Network (FinCEN) and renews its registration annually.
Pros
Cons
Azimo
Minimum Transfer Amount
$1.00
Transfer Speed
1 - 2 days
Transfer Fee
$1.99
Highlights
- Instant or one-hour transfers possible to 80+ countries.
- Your first two transfers are fee-free.
- Great rates & low fees.
- Save up to 90% compared to banks and traditional money transfer providers.
Pros
Cons
MoneyGram
Minimum Transfer Amount
$1.00
Transfer Speed
Within an hour
Transfer Fee
$0.00
Highlights
- Sign up today, make just one money transfer and receive 20% off the fee on your next.
- $0 fees on your first online international transfer. Terms and Conditions apply.
- Wire internationally at excellent exchange rates.
- There are no hidden fees. You know exactly what you’re sending and receiving.
Pros
Cons
torfx
Minimum Transfer Amount
$200.00
Transfer Speed
1 day
Transfer Fee
$0.00
Highlights
- Provide clients with excellent foreign exchange rates.
- Manage your international currency payments for free, with no hidden fees.
- A personal Account Manager is on hand to ensure a fast, seamless transfer.
Pros
Cons
WorldFirst
Minimum Transfer Amount
$1,000.00
Transfer Speed
1 day
Transfer Fee
$0.00
Highlights
- With no hidden fees, you can set-up an account for FREE and benefit from single rate, transparent tiered pricing with a value of up to 50% less than the competitors and 8 times cheaper than the banks.
- Built with intuitive same-day account opening you can also make same-day payments in 30 different currencies.
- Make transfers online 24/7 or over the phone via your dedicated currency specialist.
Pros
Cons
Skrill
Minimum Transfer Amount
$1.00
Transfer Speed
Within an hour
Transfer Fee
$0.00
Highlights
- Send money online and take advantage of some of the best rates around.
- Send money to an email address. You can choose from 40 different currencies and the money will be available instantly.
- Download the Skrill app and transfer money to friends and family, anytime and anywhere.
Pros
Cons
Western Union
Minimum Transfer Amount
$1.00
Transfer Speed
Real-time
Transfer Fee
$0.00
Highlights
- Send money the way that’s convenient for you: online, via the app, or in person at an agent location.
- Send money in minutes for fast cash pickup and easily track your money along the way.
- Western Union handle an average of 25 transfers per second and move money from USA to over 200 countries and territories.
