Best International Money Transfer Apps for Global Payments in 2024!
Check out our inclusive list of the best international money transfer apps available for both Android and iOS users in 2024.
Money transfer apps are designed to help you transfer money from person to person or entity to entity quickly, conveniently, securely, and instantly. Currently, online money transfer is the most common and preferred service worldwide. Read More
Secure and Empower Global Transfers with the Best International Money Transfer Apps in 2024!
Wise
About
Wise is the best money transfer app that is packed with a range of features enabling users to transfer money across borders securely. It is a financial technology company that specializes in international payments and low-cost currency exchange. This international payment app can be used to send payments to over 40 different countries.
If you are looking for an international money transfer service that's affordable and accessible, Wise is the perfect solution for you. All the payments and transactions are arranged through an online channel or the Wise app. The payments are deposited right into the recipient’s bank account to ensure added convenience and security.
Why we picked it?
Revolut
About
Revolut is the best international money transfer app that offers a wide selection of digital banking services in an integrated mobile app. This app is targeted toward young, tech-savvy users who are looking for an instant money transfer service.
It is one of the best money-sending apps that offer a reliable digital alternative to traditional banking methods. With the low-cost solutions offered by Revolut, you can still have access to an exclusive online account and an associated debit card. It is an all-in-one online money transfer app that empowers you to perform all kinds of transactions, from international transfers to payments.
Why we picked it?
Remitly
About
Remitly is an online money transfer app that operates in Canada, UK, and the United States. The app offers a global reach and is beneficial for users who regularly send money to friends and family in other countries. The app offers two different ways of receiving money through a mobile app or through home delivery.
It is the best money transfer app for users who want cheap and inexpensive alternatives for sending money abroad. Remitly is considered among the best apps to receive money through a quicker, easier, and less expensive platform.
Why we picked it?
OFX
About
OFX is an international money transfer app that offers global reach, enabling users to transfer funds internationally to over 190 countries. It places no limits on how much money is transferred and is thus a leading choice for many users. OFX is a suitable option for people who want affordable bank-to-bank transfers and are not concerned about speed.
OFX is an online-only portal for transferring and depositing money directly to the bank account. Unlike some of the best payment apps, money cannot be delivered home or picked up from a retail store. It sends money to more than 190 countries in over 55 different countries. If you are looking to transfer money without any restrictions and cap on the amount, OFX is the best international money transfer app for you.
Why we picked it?
Western Union
About
Western Union is among the most popular money transfer apps that allow its customers to transfer money, check current exchange rates, view past transactions, and do a lot more through an integrated mobile application. This app is the best digital innovation that offers safe and secure financial services for all its users.
Western Union is the largest cash app international that lets you send money to the recipients’ mobile app or directly to the Western Union branch location. Users can choose from multiple options for sending and receiving money. You can transfer money directly to the bank accounts, in cash, or deliver it directly.
Why we picked it?
CurrencyFair
About
CurrencyFair is among the top online marketplace apps for currency exchange or transfers. With its robust security features, it is one of the best international money transfer apps, which is firmly recommended for bank transfers worldwide. The app offers online cross-border payments and foreign currency exchange services to many customers globally. Users can expect same-day transfers to over 150 countries in more than 22 currencies.
This money transfer app offers two different options for trading. You can either exchange your currencies immediately or fix an exchange rate as you like. It is definitely one of the most secure apps to send money internationally at a competitive transfer rate.
Why we picked it?
TorFX
About
TorFX is an international money transfer app and service that enables both individuals and businesses to make overseas transfers, payments, and exchange currencies. It is the most trusted and reliable instant bank transfer app that can be used to send large amounts of money to UK, US, and Australia.
TorFX supports over 40 global currencies, including some of the major ones like USD, EUR, AUD, and more. With a set of robust security features, this international payment app keeps all your information, details, and money safe.
Why we picked it?
Currencies Direct
About
Currencies Direct is a UK-based international money transfer app and currency exchange service provider for individuals, business enterprises, and online sellers. Unlike other money-sending apps and services, Currencies Direct offers unique and tailored solutions to match individual preferences and money needs.
With a huge selection of currency exchange and money transfer services, Currencies Direct is among the top international mobile money transfer apps available in the market today. The app offers competitive exchange rates and security features that make it a preferred choice for many users globally.
Why we picked it?
Paysend Money Transfer App
About
Paysend is an international money transfer app that lets you transfer money to 150 different countries. The app is dedicated to simplifying the process of international transfer by offering fast and low-cost solutions for the same. It offers a secure and safe platform for card payments and bank transfers across the globe.
Paysend connects around 12 billion card users globally, offering them a convenient and accessible way to transfer money across borders. With a faster and more straightforward money-transferring system, Paysend has successfully acquired over 4 million users worldwide and continues to expand.
Why we picked it?
Currensea
About
Currensea is an innovative fintech company that offers debit card services internationally. The app was developed to make travel abroad easier by offering the best exchange rates and eliminating any sort of additional transactional fees and charges.
It is a one of its kind travel money card that links directly to your bank accounts. This app saves you from the hassle of prepaying for a separate travel card or having your money locked up in prepaid cards. It offers the lowest exchange rates without any additional charges and is thus a preferred option for many users.
Why we picked it?
Bag relevant views, higher downloads & real shares for your app
In this article:
Key Features of the International Money Transfer Apps
Some of the best apps to send money abroad are exclusively designed to simplify the process of international transfers. Some primary features that you must consider while choosing an appropriate app for making global transactions are discussed below.
1. Secure and Reliable
Online transactions offer extreme convenience and ease to users. However, there is a flip side to this too. While making a payment online, you are risking your private information, bank details, and money.
An international money transfer app must offer its users a safe platform for making transactions. The apps should comply with security standards and requirements to safeguard the financial information and payments of users.
2. Global Reach
The main purpose of an international money transfer app is to facilitate funds transfer overseas and across different borders without any limitations. An ideal app for sending money to a different country must be accessible in different countries.
The app should be able to transfer multiple currencies in order to simplify the process of transfer and exchange for all its users. Some of the best apps to transfer money internationally offer a worldwide reach and are compatible with the main and popular currencies.
3. Low Transfer Fees
An app that charges low and affordable fees for international transfers is preferred by a larger number of users. These apps function as a cost-effective solution for sending money abroad. Most of the apps charge a fixed amount, irrespective of the sum of funds being transferred. However, some money transfer apps charge different rates for different amounts of money.
4. Flexible Payout Options
A suitable money transfer app must be able to offer multiple payout options for the receiver. Some of the best money transfer apps allow users to receive money through their preferred channel. For instance, users can opt for an instant bank transfer or can get their money delivered to their address. Apart from this, many apps also offer an option to pick up money from the nearest branch.
Are Money Transfer Apps Safe to Use?
Most international money transfer apps are known for their robust security features and integrated payment platforms. These apps are packed with the best safety features to protect your money and other important information.
However, as a user, you must be responsible and careful while using these apps for transferring a huge sum of money. You must fill out the recipient details and information correctly in order to avoid any discrepancies.
Along with this, you must be sure of transferring and receiving money from known users and people you can trust. If any of your fund transfer is misdirected, you may never be able to recover the amount.
Final Verdict!
International money transfer apps have simplified and streamlined cross-border payments with their robust security features and advanced technology. These apps have the potential to empower individuals and businesses to send and receive money globally with maximum ease and convenience.
As technology continues to advance, the best international money transfer apps are likely to evolve further, introducing new features and enhancing their capabilities to match the ever-growing demands of their users. These apps are definitely a must-have in this globalized world and are worth giving a shot at.
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Sr. Content Writer
Aman Gaur is a Senior Writer at MobileAppDaily (MAD). He is an IT engineer (as per academics) who turned to writing because of his flair for storytelling. He has an experience of 6+ years and has worked with multiple companies in many niches but primarily ‘Tech’. He has many interests that range from being a tech enthusiast to an admirer of international music and cinema. Currently, he is using his skills to help MAD expand and create valuable content for the platform, thereby, helping in improving overall traffic, leads, and branding of the company.
