9 Best Money Transfer Services of 2026

Wise is the clearest deal for most people sending to a bank account abroad. It converts at the live mid-market rate, the one you can check on Google, and charges a separate fee that starts at 0.23% on its US pricing page and falls as you send more. Once your month's transfers reach 25,000 USD, discounts apply for the rest of the month. Wise says 77% of transfers arrive in under 20 seconds and 95% in less than a day, though speed depends on how you pay: money already in your Wise balance is cheapest and fastest, while an ACH pull from your US bank can take up to 4 working days to reach Wise. For some currencies you can lock the rate when you set up the transfer. The account also holds balances, gives you details to receive money in 22 currencies and offers a card for 9 USD. Cash pickup is not its focus, so families whose recipients need cash should look at Remitly or Western Union.

Remitly is the strongest app for sending money to family in countries where recipients use cash pickup, mobile wallets or home delivery as well as bank accounts. It serves more than 175 countries and over 100 currencies, and its delivery time guarantee refunds the applicable transfer fee if a transfer misses its promised arrival. Pricing depends on the route: the Philippines page lists zero fees for bank deposit and mobile wallet transfers in pesos, and paying by card, Apple Pay or Google Pay gives instant speed there. New customers get a special rate, but only on the first 1,000 USD, so check the regular rate before your second transfer. Remitly also lets you send from 18 countries to more than 40 destinations by chatting on WhatsApp. Because Remitly sets its own exchange rate, the amount your recipient gets is the number to compare against Wise or Xoom. Support runs 24/7, in Tagalog or English on the Philippines route.

Revolut works best when the person you are paying also has Revolut. Transfers between Revolut users in more than 25 currencies carry no fees from Revolut and usually land in about 20 seconds. For everyone else, the app sends bank transfers to more than 140 countries, and shows the rate and fee live before you confirm. Currency exchange carries no additional fee between 6pm EST Sunday and 5pm EST Friday when you stay within your plan's limits, so avoid converting on weekends. The Standard plan costs $0 a month; Premium at $9.99 and Metal at $16.99 add discounts on bank transfer fees, and Premium notes fair usage fees may apply after $10,000 within 30 days. The trade-off is speed to outside banks: Revolut says international bank transfers generally arrive in 3 to 5 business days, slower than Wise or Remitly on many routes, and there is no cash pickup. Signing up in the US uses your SSN, or a visa for basic features.

Xoom is the natural choice if you already use PayPal, because it is a PayPal service and you can sign in with your PayPal account. It covers bank deposits and debit cards, mobile wallets including UPI and PIX, cash pickup and cash delivery, and it can also reload phones and pay bills in other countries. Before you hit send, Xoom shows the exact fee and the amount your recipient will get, and it says funds arrive by the date on your receipt and frequently within minutes. On the Mexico page it advertises $0 Xoom transfer fees on eligible transactions. Read the small print, though: Xoom states that in addition to transaction fees it makes money when it changes your dollars into another currency, so a zero fee does not mean zero cost. Compare the amount received against Wise or Remitly on your route. Fees, service availability and limits vary by country and payment method.

WorldRemit focuses on getting money to people who may not have a bank account, with mobile wallet, cash pickup, bank transfer and airtime top-up as its four receive methods. Its app sends to more than 130 countries, and its popular routes include Ghana, Nigeria and the Philippines. Pricing is easy to read on the Philippines page: the transfer fee depends on the receive method and does not change with the amount, so a fixed-fee transfer favors larger sends, and mobile load carries no fee. You see the fee, the exchange rate and the exact amount your receiver gets before you pay, and you can pay by bank transfer, debit card or credit card, though card issuers may charge an advance payment fee. Identity checks take up to 4 minutes at least 90% of the time. WorldRemit says more than 8 million customers use it. It reaches fewer countries than Remitly or Western Union, so confirm your route first.

Western Union is the service to use when your recipient needs cash in hand. It sends online to more than 200 countries and territories and lists 600,000 agent locations, more than any other option here, and you can also send to bank accounts and mobile wallets. You pay with a bank account, debit card or credit card online, or in person at an agent, and every transfer gets an MTCN to track it. New online customers get a 0 USD transfer fee on their first transfer, but the offer excludes Quick Collect, transfers within the United States, credit cards and Google Play. Western Union says plainly that it makes money from FX, so look at the amount received, not just the fee. It also notes that bank to bank transfers take one to five days depending on the destination, and you must be verified before paying by bank transfer. For bank deposits on common routes, Wise and Remitly usually make the cost easier to read.

Ria covers much of the same ground as Western Union and MoneyGram, and most of the popular countries on its US site are in Latin America. It gives senders more ways to start a transfer than most. You can send in the Ria app, online, through a WhatsApp chat or in cash at one of more than 600,000 locations. Recipients can collect cash, receive a bank deposit, get money in a digital wallet, use home delivery or take it from an ATM or debit card, depending on the country. Ria says more than 100 million customers have used it. The quote tool shows the rate, the fee and the total to pay before you start, and first-time customers get a promo rate plus a 0 USD fee on their first transfer. After that, the rate returns to normal, so compare what your recipient receives with Remitly or Xoom on your route. Support is available 24/7. Ria suits families who want a flat fee and a nearby store, more than people moving large sums.

MoneyGram is the other big cash network, with partners in more than 200 countries and territories and in-person services at nearly 500,000 locations. It suits families who rely on cash, since you can send in the app, online or at a store, and US customers can send while shopping at Walmart. It also handles bill payments online and in person, and every transfer can be tracked from start to finish. MoneyGram says it has more than 50 million customers. The cost structure needs attention: its own disclosure tells you to compare both transfer fees and exchange rates, notes that both can change without notice and states that MoneyGram makes money from currency exchange. Delivery timing depends on the destination, payment and receive methods, and on agent or bank hours. For bank deposits, digital-first services usually cost less, but MoneyGram's store network is a practical backup to Western Union where cash matters most.

OFX is a specialist for large bank-to-bank transfers rather than small family remittances. It sends in more than 50 currencies to over 180 countries, and its US personal page shows a $10,000 USD to EUR quote with a $0.00 OFX fee, which means the cost sits in the customer exchange rate it offers. Registered customers can get customised rates on high-value transfers, and the site offers rate alerts and a currency outlook if you can wait for a better moment. Its main strength is support: you can speak with a real person by phone or email at any hour, which is reassuring when you move a home deposit or a year's savings. OFX is regulated by FinCEN and state regulators in the US and says more than 1 million customers have moved A$293 billion with it. It has no cash pickup or mobile wallets, and it warns that an intermediary bank may deduct a fee it does not control.