Do you want to transfer money to your loved ones? Well, there are a lot of ways to do that. Despite so many methods out there, the main issue that users face includes safety concerns. If you want to make sure that your funds reach the recipient safely while making an international transfer then you have come to the right place.
In this post, we will discuss the best way to transfer money internationally. So without wasting any further time let’s get started.
6 Ways to Transfer Money Internationally
Wise is well-known as a world-class option for sending money to anyone, anywhere internationally. On top of that, it is highly recommended if you are going to have frequent use. When it comes to fees, Wise charges a mix of fixed fees and commissions.
It is mostly used for its high speed of transferring money internationally as around 34% of Wise transfers arrived within 20 seconds, 53% within an hour, and 81% within a 24-hour period.
Remitly is a popular US-based service to send money internationally. It is secure to use, and the service is quite fast. Remitly provides you the opportunity to pay others easily as it supports bank transfer, cash, and services, card payment and it also supports currency transfers.
Remitly is available in Europe, North America, Singapore, and Australia. It can take around 3 to 5 business days for funds to arrive but overall Remitly is a good service.
WorldRemit is a UK-based online money-transferring service that allows you to transfer funds internationally. Additionally, WorldRemit is a cheap service and it can be used to send money to any part of the world. WorldRemit supports more than 130 countries along with 70 currencies.
PaySend is another excellent service that supports credit and debit card payments to an impressive network of nearly 100 receiving countries via a lot of payout options. PaySend is a cheap option and the payment transfer to cards with this service can be done in a matter of seconds or a few minutes.
However, when it comes to transferring funds to bank accounts, it takes a bit longer, around two or three business days are needed.
Revolut is another good option, playing a major role in digital banking. It is an online bank with 20 million users globally. Revolut offers good exchange rates when it comes to transferring money to international bank accounts.
All you have to do is to pay a small, fixed fee while sending money abroad.
When it comes to transferring large amounts of funds internationally, we recommend using OFX, as it is a secure, and excellent service. OFX is available in Australia, New Zealand, Canada, U.K, U.S, and Hong Kong. If you initiate a fund transfer with OFX then it will take around two to three working days to arrive.
So these were some of the best services that you can use to transfer money internationally. Whether you are sending a small amount or a big amount, we have got you covered.
If you have any additional questions or queries then let us know in the comments.