Money transfer services
Comparison of the best money transfer services available in the USA.
By Andrew Boyd | Verified by Nikita Sheth | Updated March 13, 2023
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Comparing 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
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
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
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.
Pros
Cons
Payoneer
Minimum Transfer Amount
$1.00
Transfer Speed
1 day
Transfer Fee
$0.00
Highlights
- Eliminate international wire transfer costs so you keep more of what you earn.
- Get paid in multiple currencies from international marketplaces.
- Gives customers a simple way to pay in a currency that suits them.
Pros
Cons
Xoom
Minimum Transfer Amount
$0.00
Transfer Speed
Real-time
Transfer Fee
$0.00
Highlights
- Make bank deposits in the United States, including Bank of America, Chase, Wells Fargo, and Citibank. Or send money for cash pickup to more than 5,000 convenient Walmart and Ria locations.
- Conveniently send money and track transactions right from your phone with the Xoom mobile app.
- For existing PayPal account holders, start sending money right now with your PayPal payment options.
Pros
Cons
WorldRemit
Minimum Transfer Amount
$1.00
Transfer Speed
Within an hour
Transfer Fee
$0.00
Highlights
- Send 70 currencies to 130 countries, from your smartphone or computer.
- WorldRemit uses industry-leading technology that protects your money and guarantees it arrives safely every time.
- See WorldRemit's low fees and their best exchange rates upfront, with no hidden costs.
Pros
Cons
CurrencyFair
Minimum Transfer Amount
$1.00
Transfer Speed
1 day
Transfer Fee
$0.00
Highlights
- Send and receive money to and from 150+ countries in 20+ currencies.
- Get same-day transfers on most major currencies.
- Exchange currencies immediately at bank-beating rates or choose your own rate and wait for a match on CurrencyFair's unique peer-to-peer marketplace.
Pros
Cons
AMEX FX International Payments
Minimum Transfer Amount
$1.00
Transfer Speed
1 day
Transfer Fee
$0.00
Highlights
- Simple Online Enrollment.
- 24-hour access to FX payment specialists, Monday to Friday.
- Transfer to 110+ countries and 80+ currencies.
- Receive Membership Rewards points, if enrolled (Terms and Conditions apply).
