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Moving money internationally?

Compare International Money Transfer Prices

Stop wasting money, get the lowest fees and best rates

You no longer have to put up with hidden bank fees, unfair exchange rates and slow bank transfers. Now you can use the efficient, fast, secure and cheap peer-to-peer money transfer services.

How does peer-to-peer money transfer services work? Well, it’s pretty simple. Here’s an illustrative example. You need to transfer from a USD account to a Euro account. Someone else need to do the opposite. The algorithm matches you and this eliminates the need to carry out a traditional foreign exchange. That’s it. Money saved!

Learn More About Peer-to-Peer Money Transfers

Get the best exchange rate when moving money

Traditional bank and other legacy money transfer services typically won’t let you move money using the “real” exchange rate. Rather, they give you a worse exchange rate and hides the actual cost in the rate leaving you with less money in your account.

The new peer-to-peer backed online services exchanges using the actual exchange rate (called the mid-market rate) and employ a completely transparent fee structure so you know exactly what you are paying.

Compare and find the lowest fees

As you’ve learned above, unlike banks, the peer-to-peer based services don’t hide their fees in the exchange rate and show you their fees upfront. The fees vary by the money transfer amount so to make it even easier for you to find the cheapest service, we’ve compared the prices for you.

The Best and Cheapest International Money Transfer Services

Which international money transfer service is the cheapest? And how do they stack up against a traditional bank transfer? To help you find out and compare, we have analyzed the transfer fees, exchange rates and hidden costs for you.

Below we compare the best, cheapest and most reliable online money transfer services. The most well-known is probably TransferWise, which is one of the top services worldwide. Others include CurrencyFair which is very similar and the closest competitor to TransferWise.

We list 4 examples and compare the cost for each of the international money transfer services. Be sure to look at the total cost in percent. That allows you to compare all cost, hidden or not.

Service providerUSD 1,000USD 10,000USD 50,000USD 100,000+
TransferWise Logo$8.24 + 0.00%*
Total: 0.82%
$74.47 + 0.00%*
Total: 0.74%
$214.94 + 0.00%*
Total: 0.44%
$434.36 + 0.00%*
Total: 0.43%
CurrencyFair Logo$8.24 + 0.00%*
Total: 0.82%
$8.24 + 0.00%*
Total: 0.82%
$8.24 + 0.00%*
Total: 0.82%
$8.24 + 0.00%*
Total: 0.82%
OFX Logo$8.24 + 0.00%*
Total: 0.82%
$8.24 + 0.00%*
Total: 0.82%
$8.24 + 0.00%*
Total: 0.82%
$8.24 + 0.00%*
Total: 0.82%
XE Logo$8.24 + 0.00%*
Total: 0.82%
$8.24 + 0.00%*
Total: 0.82%
$8.24 + 0.00%*
Total: 0.82%
$8.24 + 0.00%*
Total: 0.82%
Traditional Bank Logo$30 + 1.00%*
Total: 4.00%
$30 + 1.00%*
Total: 1.3%
$30 + 1.00%*
Total: 1.06%
$30 + 1.00%*
Total: 1.03%
Cheapest:TorFX Logo Best rate winnerTransferWise LogoBest rate winnerCurrencyFair LogoBest rate winnerCurrencyFair LogoBest rate winner

Compare International Money Transfer Services

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TransferWise

”TransferWise“/ TransferWise
5 out of 5 based on 301 user ratings.

TrustPilot:

CurrencyFair

ForeignExchange.pro rating: 5

OFX

ForeignExchange.pro rating: 3.5