{"id":2506990,"date":"2024-07-01T21:26:26","date_gmt":"2024-07-02T01:26:26","guid":{"rendered":"https:\/\/www.valuewalk.com\/?post_type=commercial&p=2506990"},"modified":"2025-08-01T13:32:11","modified_gmt":"2025-08-01T17:32:11","slug":"personal-finance-money-transfers-best-ways-to-send-money-internationally","status":"publish","type":"comparisons","link":"https:\/\/www.valuewalk.com\/banking\/money-transfers-best-ways-to-send-money-internationally\/","title":{"rendered":"Money Transfers: The Best Ways to Send Money Internationally"},"content":{"rendered":"\n

An international money transfer is the simple act of sending money between people and financial accounts in different countries, often in a different currency. The traditional way to send money internationally has been through your bank or a dedicated money transfer company. <\/span><\/p>\n\n\n\n

Globalization means that we need to send money to friends and family or to pay for products and services abroad frequently. <\/span>Migrant workers also need ways to send money, called remittances, to family members back home. <\/p>\n\n\n\n

In recent years several new services appeared, offering an easy way to send money overseas online or over a mobile app at a fraction of the cost that banks charge for your international money transfers.\u00a0<\/span><\/p>\n\n\n\n

There is a slew of new money transferring services that have disrupted banks\u2019 hold on international money transfers. To help you pick the one that\u2019s best for your needs we reviewed the most popular money transfer services. Here are six of the best money transfer platforms<\/strong> that we have found:<\/span><\/p>\n\n\n

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Top international money transfer platforms<\/span><\/h2>\n\n\n\n

Take a look at an overview of six of the top money transfer platforms that are available at relatively low rates and their unique features:<\/p>\n\n\n\n

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  1. Airwallex<\/a><\/strong>: The global fintech platform that simplifies international business payments with low fees and fast transactions. You can earn 10% cashback on your first $1,000 in international transactions.<\/li>\n\n\n\n
  2. Remitly:<\/strong> The money transfer platform is known for being user-friendly and for its diverse set of delivery options, including bank deposits, mobile wallets, cash pickup locations spread across a large network, and even home delivery in some areas.<\/li>\n\n\n\n
  3. Wise:<\/strong> The platform is known for its upfront pricing and for the fact it doesn\u2019t mark up exchange rates. It\u2019s also one of the faster money-transfer services, often delivering money the same day it\u2019s sent.<\/li>\n\n\n\n
  4. XE: <\/strong>It provides senders with plenty of flexibility, including the ability to send more than 100 currencies to more than 200 countries. On the other ends, it allows recipients to pick up their funds at a store or bank.<\/li>\n\n\n\n
  5. Xoom:<\/strong> The service delivers money transfers within minutes in most cases while allowing users to track their payments by email, text or directly on the app. It\u2019s owned by PayPal, one of the world\u2019s largest providers of digital payment services.<\/li>\n\n\n\n
  6. MoneyGram: <\/strong>The company supports a large network of agent locations around the world, especially in countries where banks are few and far between. It\u2019s a good option for people who need to send money to less-developed areas.<\/li>\n<\/ol>\n\n\n<\/div><\/div>\n\n\n
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