5 Safe Money Transfer Alternatives to Wise

Payments Online Payments Money Transfer International Money Transfers

Wise Landing Page

1

Wise

Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...

As a money transfer service, Wise (formerly known as TransferWise) is a transparent and easy to use option. But if you’re making an international money transfer, it can be worth looking at some of Wise’s competitors to see which is the best option for you.

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Remitly Landing Page

2

Remitly

Send money online with Remitly faster with great exchange rates and low transfer fees. Special new customer offer! 100% Satisfaction Guarantee.

Similar to Wise, Remitly is a company that was born online and has grown rapidly. Unlike Wise, however, they specialise in sending smaller transfers amounts or remittances to countries in South America, Asia and Africa. Remitly offer to send your money "Express" which is faster, but comes with a higher fee or "Economy" which is cheaper, but can be slower. Like Wise, their site is easy to use and their fees, exchange rates and services are clear at each step of the way when making a transfer.

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OFX Landing Page

3

OFX

OFX is a simple yet powerful digital money transfer service that allows you to easily send money to more than 80 leading countries from the United States.

OFX have an easy to use website and app, much like Wise. So if you like doing everything online, they could be a good option. OFX have a large number of currencies they support and countries they can transfer between. This means they operate in most of the same countries that Wise do.

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Worldremit Landing Page

4

Worldremit

WorldRemit is a web-based money transferring services that is offering its online financial services in most of the world.

It's also important to know what makes them different. Firstly, WorldRemit has much lower transfer limits. If you are looking to send more than $10,000 they might not be the right option for you. Secondly, unlike Wise, WorldRemit offer cash pick-up for many countries which is really handy if you don't have the bank details of the person you are paying.

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Money Gram Landing Page

5

Money Gram

Money Gram is an international money transfer service of the MoneyGram International Incorporation.

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PayPal Landing Page

6

PayPal

PayPal is the faster, safer way to pay online without sharing financial details, send and receive money or accept credit and debit cards as a seller

If you’re thinking of using PayPal as an alternative to Wise, it’s important to keep a couple of things in mind. Firstly, the person you’re sending money to must also have a PayPal account. Secondly, know that Wise will generally be cheaper than PayPal.

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