Wise (TransferWise)
Money transfer apps make sending money internationally convenient, but which app is the best? Depending on where you’re sending money and how fast you need it to arrive, you may find what you need in these highly rated apps.
We looked not only at customer reviews on both the Apple App and Google Play stores but also considered the features of each of the services when picking the best money transfer apps.
With the Remitly app, you’ll be given an exact date and time for when your money will be available for your recipient. If your transfer is late, Remitly has a money-back guarantee. Learn more about this and other features before downloading the app to make sure it’s the right fit for you.
| Live exchange rates | Set rate alerts | Track your transfer |
| Available on iPhone | Available on Android | Available in other languages |
| Data from November 22, 2022 | Apple Store | Google Play |
|---|---|---|
| Rating | 4.9 | 4.8 |
| # of reviews | 918,037 | 64,217 |
Select the Go to site button for more information about transferring cash with Remitly.
With OFX’s mobile app, send money transfers of $1,000 or more to 195 countries worldwide. You can also use the app to register for an OFX account, monitor current and historical exchange rates, track your transfers and set rate alerts. Transactions are free, but OFX takes a slight margin on currency exchange rates.
| Live exchange rates | Set rate alerts | Track your transfer |
| Available on iPhone | Available on Android | Available in other languages |
| Data from November 22, 2020 | Apple Store | Google Play |
|---|---|---|
| Rating | 4.8 | 4.6 |
| # of reviews | 3,622 | 3,396 |
Select the Go to site button for more information about transferring cash with OFX.
Send payments to friends, family and businesses in 30 countries with the Wise app. It includes a calculator you can use to get exchange rates and fees for specific transfers and offers an easy way to upload a photo of any personal ID needed to get started with Wise.
| Live exchange rates | Set rate alerts | Track your transfer |
| Available on iPhone | Available on Android | Available in other languages |
| Data from November 22, 2020 | Apple Store | Google Play |
|---|---|---|
| Rating | 4.6 | 4.1 |
| # of reviews | 26,572 | 231,736 |
Select the Go to site button for more information about transferring cash with Wise.
With the WorldRemit app, you can send money to more than 150 countries for bank deposit, mobile airtime top-up and even cash pickup. WorldRemit has no minimum transfer amount, but its maximums vary depending on the destination country. Learn more about WorldRemit before downloading the app to make sure it’s the right fit for you.
| Live exchange rates | Set rate alerts | Track your transfer |
| Available on iPhone | Available on Android | Available in other languages |
| Data from November 22, 2020 | Apple Store | Google Play |
|---|---|---|
| Rating | 4.8 | 4.4 |
| # of reviews | 152,053 | 130,673 |
Select the Go to site button for more information about transferring cash with WorldRemit.
The Xe Money Transfer app lets you exchange money at a more competitive exchange rate than you’d find at the bank and makes tracking multiple exchange rates a breeze. It also offers low fees and low minimum transfer amounts.
| Live exchange rates | Set rate alerts | Track your transfer |
| Available on iPhone | Available on Android | Available in other languages |
| Data from November 22, 2020 | Apple Store | Google Play |
|---|---|---|
| Rating | 4.3 | 3.6 |
| # of reviews | ‎5,219 | 110,953 |
Select the Go to site button for more information about transferring cash with Xe.
Use MoneyGram’s app to send money to more than 200 countries and territories around the world. You’ll also get access to a map of worldwide agent locations and their directions and hours for cash pickups.
| Live exchange rates | Set rate alerts | Track your transfer |
| Available on iPhone | Available on Android | Available in other languages |
| Data from Nov 22, 2020 | Apple Store | Google Play |
|---|---|---|
| Rating | 4.9 | 4.6 |
| # of reviews | 378,200 | 79,700 |
Select the Go to site button for more information about transferring cash with MoneyGram.
The best apps for sending money domestically within the US are all free. The only reason you’d need to pay to send money within the US is if you’re sending it to someone who wants to pick up cash in person or doesn’t have access to a bank account and a smart device.
A key factor in choosing an app is the service behind it. Compare these features before making your decision.
Different providers offer different exchange rates. It’s generally not the one you’ll see on Google or Xe — otherwise known as the mid-market rate. To make a profit, transfer services add on a margin to the exchange rate to cover their own fees. Always compare providers with the knowledge that a provider may have no fees but a bad exchange rate.
Providers charge fees in either flat rates, percentages or not at all. These fees can also change depending on what you’re sending and how you’re sending it. For example, larger transfers are generally cheaper, while money transfers using your credit card can incur higher fees.
Sometimes, you need to get money to someone fast. Some providers specialize in cash pickup, which means your recipient can pick up the money you send almost instantly. This does come at a higher price, however. If you’re not worried about timing, most providers take anywhere between one and four days to deliver the money at a much lower fee.
If you want to send cash on the go, a money transfer app may be for you. Always compare the exchange rates, transfer fees and other details of money transfer specialists to ensure you get the best deal for your needs.