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Send Money Overseas Comparison

There are many ways to send money overseas, but not all companies that help you do so are created equal.

This page may include affiliate links
Anna R.
Anna R.
16th January 2017 in finance
Send Money Overseas Comparison
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Company
Company
Fee Per Transfer
Min. Transfer
Exchange Rate Cost
Transfer Time
Good For:
Bad For:
Notes
Link
  • Transfer Type
    Bank

  • Transfer Type
    Bank Money Transfer

  • Transfer Type
    Money Transfer Company

  • Transfer Type
    Cash Wire Company

  • Transfer Type
    Money Transfer

  • 5

    Transferwise

    0.7% - 1.5%
    $1
    0.0%
    1 Day
    No hidden fees
    Limited currencies
    Real mid-market exchange rates are used
  • 6

    World First

    $0 - $10
    $1,000
    0.75% - 1.5%
    2 Days
    Large Amounts
    High min. transfer
    Not available in all U.S. states
  • 7

    1st Contact

    Max. of $5
    $1
    0.75% - 1.5%
    1 - 3 Days
    Small Amounts
    UK Only
    Every 5th transfer free
  • 8

    OFX

    $5
    $250
    0.75% - 1.5%
    1 Day
    Customer Service
    Convenience
    Strict verification makes this slower to set-up
  • 2

    PayPal

    .3% - 3.9%
    $1
    1.5% - 4.5%
    3 - 4 Days
    $300 or less
    Exchange Rate
    Transfers using a credit card also include a fixed fee
  • 1

    Bank Wire Transfer

    $25 - $50
    $1
    1% - 6.5%
    5 - 7 Days
    Security
    Small Amounts
    Receiving bank may charge a fee to recipient
  • Transfer Type
    Cash Wire

  • 4

    MoneyGram

    $11.50
    $250
    0.5% - 7%
    Minutes
    Cash pick-up
    Expensive fees
    2% fee for amounts over $900
  • 3

    Western Union

    $5 - $10
    $1
    1% - 6%
    Minutes
    Cash pick-up
    Expensive fees
    Max. transfer of $2,999
  • Transfer Type
    Bank

  • Transfer Type
    Bank Money Transfer

  • Transfer Type
    Money Transfer Company

  • Transfer Type
    Cash Wire Company

  • Transfer Type
    Money Transfer

  • 5

    Transferwise

  • 6

    World First

  • 7

    1st Contact

  • 8

    OFX

  • 2

    PayPal

  • 1

    Bank Wire Transfer

  • Transfer Type
    Cash Wire

  • 4

    MoneyGram

  • 3

    Western Union

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