Low-fee international money transfer service

Which brands AI mentions

1. Wise — Best overall for transparent pricing

• Uses the mid-market exchange rate with a clearly disclosed transfer fee.
• Good for regular bank-to-bank transfers and larger everyday payments.
• Fees vary by currency, payment method, and amount.

Official fee calculator: Compare Wise rates and fees.www.finder.com+5

2. Remitly — Best for sending money to family

• Often has competitive fees and promotional rates for new customers.
• Supports bank deposits, mobile wallets, and cash pickup in eligible destinations.
• Compare the exchange rate carefully, especially after introductory offers expire.

Check Remitly rates.www.cnbc.com+1

3. OFX — Worth comparing for large transfers

• Advertises no standard transfer fee for many transfers.
• The exchange rate can still include a margin.
• Particularly worth comparing for large payments, such as moving savings or paying overseas expenses.

Check OFX exchange rates.www.finder.com+2

4. Xe — Best as an additional price check

• Broad international currency coverage.
• May offer competitive rates for certain currency pairs.
• Compare the actual recipient payout with Wise and Remitly before sending.

Check Xe transfer rates.www.finder.com+3

How to find the cheapest service for your transfer

Before choosing, compare these three things:

• Total fees: What you pay to send the money.
• Exchange rate: How much foreign currency each dollar buys.
• Amount received: The final amount the recipient gets after all charges.

For example, a service advertising a $0 fee may give you a worse exchange rate than one charging a small upfront fee. The latter can leave your recipient with more money.www.finder.com+3

I can narrow it down to the cheapest option for you

Assuming you're sending money from the United States.

1. Which country are you sending money to?

[Input placeholder: Enter destination country] (Current value unavailable.)

2. How much are you sending in USD?

$200 or less

$1,000

$1,000–$5,000

$10,000 or more

3. How often?

Occasionally

Monthly

Weekly or more often

4. How should the recipient receive the money?

Bank account

Mobile wallet

Cash pickup

[Compare the cheapest options]

I can then compare the most relevant services for your specific transfer rather than relying on general rankings.