Top 5 International Money Transfer Apps

Top 5 International Money Transfer Apps

You need to send money overseas and you need it to be sent immediately. You have a tablet or a smartphone and are looking for an app that allows you to send money internationally. We’ve got your back. We’ve compiled a list of the best currency exchange apps so that you can find the right one for your money transfer needs.

Top 5 International Money Transfer Apps

1. Wise

This online money transfer app offers an easy and cheap way to send money internationally.

Wise is best for…

You can send amounts below $7,500 through a quick, secure, and clear money transfer service. However, they may offer fee discounts if you send large funds internationally.

App exchange rates and fees

Wise offers the same exchange rate as the base rate and is comparable to or better than any other money transfer service. They charge a very low fee, usually 0.5 to 1 percent of the transfer amount. To learn more, please refer to our Wise fees guide.

Transfer limitations

Wise has limits on how much money you can send depending on which currencies and countries you are exchanging. These limits are usually very generous and will satisfy most users’ needs.

Customer ratings

  • The Wise app is rated with over 37,000 users and has an average score of 4.8 from 5 on the Apple App Store.
  • The Wise app is rated with over 88,000 users on the Google Play Store and has an average score of 4.2% out of 5.

Also read: What is Facebook Pay: A Complete Guide?

2. Revolut

You can open a free account within minutes from your smartphone and make your money stretch further. Revolut offers easy, global transfers at amazing rates. You can send and receive money in over 30 currencies without any hidden fees.

Revolut is the best for…

Anyone who is comfortable using their smartphone to do everything. Revolut has a desktop app, but their app is the best way to send money abroad. Customers who spend money abroad can also use their debit cards.

App exchange rates and fees

Revolut offers three tiers of multicurrency accounts with different fees and features. The standard plan is completely free. Premium plans cost 9.99 USD/month, while the metal plan costs 16.99 USD/month.

Revolut offers international transfers free of charge and extremely favorable exchange rates. However, it is important to be aware that monthly caps are in place for certain countries.

Transfer limitations

The transfer amount is unlimited in the US for most currencies. Our payment partners might place limits on certain currencies. Before you make a transfer, the Revolut app will show the limit.

Customer ratings

Revolut boasts 18 million users, and the app is used by 1.1 million people daily

  • Revolut has received over 26,000 ratings on the Apple App Store with an average score of 4.7 out of 5
  • Revolut has more than 1,000,000 ratings on the Google Play Store with an average score of 4.6 out of 5

3. Remitly money transfer app

This company is an online money transfer service that specializes in remittances. These services are especially useful for quick transfers to Asia, Africa, and South America.

Remitly is the best for…

You can quickly and easily make money transfers using their website and smartphone apps. Because they don’t require minimum amounts, they are great for transfers of lower value. They can be used to send $5,000 USD or less.

App exchange rates and fees

Remitly offers competitive exchange rates and fees. However, they might not be as low as other currency exchange providers.

Transfer limitations

Remitly does not have a lower transaction limit, but you can send up to $10,000 USD or the equivalent. Some currencies may have smaller limits. They do not support business transactions.

Customer ratings

  • Remitly has received over 29,000 ratings on the Apple App Store with an average score of 4.8 out of 5
  • The Google Play Store has more than 130,000 ratings for the WorldRemit app, with an average score of 4.8 out of 5

Also read: Top 5 Credit Card Readers for Android

4. OFX App

This company is a specialist in foreign exchange and will provide personalized support to help you get the best out of your currency change.

OFX is best for…

Transfers of greater amounts are usually $7,500 USD equivalent or higher.

App exchange rates and fees

The more money you send, the better OFX becomes. Their exchange rates and fees are more expensive than those of other providers for smaller amounts. Their exchange rates and fees are very competitive if you send larger amounts.

Transfer limitations

OFX has a $1,000 USD minimum transfer limit or an equivalent. OFX doesn’t have an upper limit for how much money you can send to most currencies. Some currencies will have an upper limit.

Customer ratings

  • The Apple App Store has approximately 1,900 ratings for the OFX app with an average score of 4.8 out of 5
  • The Google Play Store has more than 2,500 reviews for the OFX app with an average score of 4.4 out of 5

5. Western Union App

This company is the biggest money transfer provider worldwide. Although they have more than half a million agents all over the globe, their fees and exchange rates can be quite high.

Western Union is the best for…

They can make instant transfers and have cash collection points.

The fees charged by Western Union can be difficult to calculate or understand. These fees are one of the most expensive money transfer services. They vary based on which currencies and countries you’re sending money to.

App exchange rates and fees

There are limits to how much money you can send to Western Union, depending on which services you use. The upper limits range from $500 to $2,500 USD, but they can change depending on the country, currency, and service.

Transfer limitations

There are limits to how much money you can send to Western Union, depending on which currencies and countries you’re exchanging. These limits are usually very generous and will satisfy most users’ needs.

Customer ratings

  • The Apple App Store has more than 150,000 reviews for the Western Union app, with an average score of 4.8 out of 5
  • The Google Play Store has the Western Union app with over 179,000 ratings and an average score of 4.5 out of 5

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