Which Are The Best International Money Transfers Services?

There are several options when it comes to the best international money transfer services. The best service for you will depend on your needs and your destination. You might want a quick transfer, for example, but this will come at a higher cost. Other factors you should consider include the cost and the location of the recipient.

OFX

OFX offers multiple payment options for its customers. These options include electronic funds transfer, direct debit, and BPAY. When you use OFX to transfer money, you will receive a confirmation email with information on how to make the transfer. You can also choose to receive the funds via cash or by credit card.

OFX offers services in over 70 countries. Its global network provides services in over 60 currencies. Its customers can also use the platform to make one-time payments. The currencies supported by the company include US dollars, British pounds, and European euros.
Xe

XE offers a number of benefits over other international money transfer services. Its wide range of currencies and participating countries gives you flexibility and price transparency. Moreover, you can lock in exchange rates ahead of time with forwarding contracts. Besides, XE’s app is free to use and offers convenience tailored to your schedule.

In addition, XE does not charge any upfront fees when you link a bank account. This is beneficial if you are sending funds to a non-US bank account. However, you should consider that XE will make its profit somewhere, and this margin is rolled into the exchange rate. If you’re concerned about the fees, check with your receiving bank to see if they
charge any extra fees.

Currencies Direct

Currencies Direct is an international money transfer service with a plethora of benefits. For a start, 90% of transactions are free. There are no hidden fees or charges, and their terms and conditions are easy to understand. The company also offers advanced features like rate alerts that can notify you when the market has reached an ideal transfer rate. Customers also love the company’s ease of use.

Currencies Direct has been around since 1996 and was the first non-bank currency provider in Europe. Since then, they’ve expanded into an industry leader. Today, they have offices in the UK, Spain, France, India, China, South Africa, and the USA.

WorldFirst

WorldFirst best international money transfer can help you transfer funds internationally quickly and easily. This online service supports 180 currencies. Its users praise the company’s transparent exchange rates and tiered pricing. However, some users have encountered issues like blocked accounts and unsuccessful verifications. In addition, WorldFirst has a high fee.

MoneyGram

If you need to transfer money internationally, you should consider using MoneyGram. This service works with credit and debit cards. However, you should know that you’ll have to pay a fee. To use MoneyGram, you should have a valid bank account and ID and the amount you want to send.