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7 Alternative Money Transfer Platforms Similar to TransferWise

By Gregor K. published about 2023-01-03 13:38:52

Are you looking for an alternative to TransferWise? Whether you're looking for a cheaper or more comprehensive service, this list of websites like TransferWise will help you find the right solution for your money transfer needs. From peer-to-peer services to international money transfer services, we've rounded up the best websites like TransferWise to help you make the right choice.

TransferWise

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https://transferwise.com/
Money Transfer Currency Exchange International Payments Online Banking Financial Services Secure Payments

TransferWise is a fast, secure and cost-effective way to send money abroad. With the real exchange rate, you can save up to 8 times more than with a high street bank.

Table of Contents

TransferWise Alternatives

Remitly

Money Transfer Global Payments Financial Services Currency Exchange International Payments
Remitly is a digital money transfer service that makes international money transfers fast, easy, and secure. With Remitly, customers can send money to their family and friends in over 50 countries around the world.

Send money internationally, competitive exchange rates, fast transfers

Remitly charges a small fee, TransferWise doesn't

Is Remitly a good alternative?
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WorldRemit

Money Transfer International Payments Global Payments Digital Banking Currency Exchange
WorldRemit is a leading digital money transfer service, enabling customers to send money overseas to over 140 countries. Customers can transfer money quickly, easily, and securely via a range of options, including bank transfers, cash pickups, mobile money, and airtime top-ups.

Send money internationally, competitive exchange rates, fast transfers

WorldRemit charges a fixed fee for transfers, TransferWise charges a percentage of the transfer

Is WorldRemit a good alternative?
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Xoom

Money Transfer International Payments Secure Payments Currency Exchange Online Banking Financial Services
Xoom is a digital money transfer service that allows you to quickly and securely send money worldwide. With Xoom, you can easily send money online to friends and family in over 130 countries and pay bills with just a few clicks.

Send money internationally, competitive exchange rates, fast transfers

Xoom charges a fee of up to 4%, TransferWise charges a flat fee

Is Xoom a good alternative?
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OFX

Currency Exchange Online Payments Fintech Financial Services Money Management
OFX is a global provider of online international money transfer services, currency exchange, and payment solutions. OFX helps customers move money quickly, safely and cost-effectively to almost any destination in the world.

Send money internationally, competitive exchange rates, fast transfers

OFX has a minimum transfer limit of $250, TransferWise has no minimum requirement

Is OFX a good alternative?
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Western Union

Money Transfer International Payments Currency Exchange Financial Services Payment Solutions
Western Union is a leading money transfer provider that helps people and businesses transfer money around the world.

Send money internationally, competitive exchange rates

Western Union charges a fee for transfers, TransferWise has no fee

Is Western Union a good alternative?
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PayPal

Online Payments Money Transfer Digital Wallet Payment Processing Security Financial Services eCommerce
PayPal is a secure, global online payment service that allows individuals and businesses to send and receive payments online. It has a wide range of features and services that make it easy to send and receive payments online.

Send money internationally, competitive exchange rates

PayPal charges a fee for transfers, TransferWise has no fee

Is PayPal a good alternative?
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Currencies Direct

Money Transfer Payment Solutions International Payments Currency Exchange Financial Services
Currencies Direct is a secure, fast and cost-effective way to make international money transfers and currency exchange. With over 20 years of experience, Currencies Direct has built a reputation for offering customers highly competitive exchange rates and helpful, dedicated customer service.

Send money internationally, competitive exchange rates

Currencies Direct charges a fee for transfers, TransferWise has no fee

Is Currencies Direct a good alternative?
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History of TransferWise

TransferWise is a website founded in 2011 that provides a money transfer service. The company was created to make international money transfers faster, cheaper, and more transparent than traditional banks. The company has since grown to become one of the most popular online money transfer services and has operations in over 50 countries. The website also offers currency exchange, multi-currency accounts, and debit cards.

TransferWise Status

The TransferWise website on online and reachable (last checked on ).

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Comments

  • J. Pittman

    Who knew there were so many options to choose from?

    2023-03-29 17:53:28 ·
  • Jill J

    I'm not sure if I should be impressed or overwhelmed!

    2023-04-08 20:50:45 ·
  • David

    This is great news for all of us who love to transfer money online!

    2023-06-14 11:05:19 ·
  • Vernon

    I'm sure there's a website out there that'll give me a discount for using all these sites.

    2024-04-05 22:42:21 ·
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