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Best Online Money Transfer Services in December 2022

Have you been looking for a way to send money? Online money transfer is the best way to send money through the internet. It offer competitive rates and an easy-to-use interface that makes sending money as simple as possible. Learn more about it today!

47 Listed services

115,013Analyzed reviews

11,501Suspicious reviews

Service

Price

Real-Time Transfers

Transfers

Multiple Currencies

Money Tracker

Encryption

1

Free

Unlimited

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2

14

MoneyCorp logo
Truely score heart icon

3.9/5

18 reviews

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Contact company for pricing

Unlimited

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3

1

Contact company for pricing

Unlimited

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4

1

BOSS Revolution logo
Truely score heart icon

3.8/5

3,841 reviews

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$10.00

per month

Unlimited

AES 256

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5

1

Contact company for pricing

Unlimited

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6

1

OrbitRemit logo
Truely score heart icon

3.7/5

1,580 reviews

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Contact company for pricing

Unlimited

Anti-Fraud

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7

1

Pangea logo
Truely score heart icon

3.7/5

1,906 reviews

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Contact company for pricing

Unlimited

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8

14

Veem logo
Truely score heart icon

3.7/5

39 reviews

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Free

Unlimited

Anti-Fraud

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9

2

Placid logo
Truely score heart icon

3.7/5

1,723 reviews

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Contact company for pricing

Unlimited

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10

2

Remitly logo
Truely score heart icon

3.6/5

4,386 reviews

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$6.99 - 12.99

per economy fee

Unlimited

AES 256

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Best Products

#1

CurrencyTransfer

CurrencyTransfer

Best Overall

674 Reviews analysed

648 Positive

26 Negative

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Key facts

  • Real-Time Transfers

  • Transfers

    Unlimited

  • Multiple Currencies

  • Money Tracker

Pros

  • Fantastic service

  • Customer service is great

  • Professional

  • Fast

  • Money back guarantee

See all

Cons

  • Money transfer issues

  • Customer service is bad

  • No way to contact support

  • Takes forever to get approved

  • Account setup is hard

See all

In their reviews, users have mentioned that CurrencyTransfer is a fantastic and professional service that offers a money back guarantee. It is also noted that it is better than the competition and that long-time users are happy with it. However, some have had issues with money transfers in the past and others find the fees to be high.

Key facts

  • Real-Time Transfers

  • Transfers

    Unlimited

  • Multiple Currencies

  • Money Tracker

Pros

  • Customer service is great

  • Pleased with experience

  • Lots of long time users

  • Money back guarantee

  • Essential tool

See all

Cons

  • Refund issues

  • Money transfer issues

  • Takes forever to get approved

See all

Key facts

  • Real-Time Transfers

  • Transfers

    Unlimited

  • Multiple Currencies

  • Money Tracker

Pros

  • Really appreciated by its users

  • Money back guarantee

  • Fast

  • Fantastic service

  • Easy to use

See all

Cons

  • Money transfer issues

  • Customer service is bad

  • Bad user experience

  • Problems with app store listing

  • Don't waste your time

See all

ACE Money Transfer has all features that are common in this area, but there are some features that are very rare to be found in other services. First of all, it's worth mentioning that ACE Money Transfer offers aTransfer Tracker. It's a great feature if you want to keep an eye on your money and see the current status of your transfer. Secondly, ACE Money Transfer has Live Chat Support which is really convenient if you need any assistance while using the service. And last but not least, there are multiple supported currencies which is really great if you're planning to send money abroad. Now let's move on to describe some of the unique features ACE Money Transfer has. First of all, it's worth mentioning that they offer a free signup which is really great if you're new to this whole money transfer thing. Secondly, there are multiple payment options which is really convenient if you want to use a different payment method than your bank account. And last but not least, they have a referral program which is a great way to get some extra money.


In their reviews, users have mentioned that one of the pros of using ACE Money Transfer is that they offer a money back guarantee. They have also said that the service is fantastic and easy to use and install. However, some users have mentioned that they have had bad experiences with the customer service, app store listing and user experience. There are also reports of money transfer issues. On the positive side, reviewers say that ACE Money Transfer is fast and good value for money.

Key facts

  • Real-Time Transfers

  • Transfers

    Unlimited

  • Multiple Currencies

  • Money Tracker

  • Encryption

    AES 256

Pros

  • Money back guarantee

  • Really appreciated by its users

  • Fast

  • Easy to use

  • Easy to install

See all

Cons

  • Money transfer issues

  • Customer service is bad

  • Problems with app store listing

  • Login problems

  • Slow performance

See all

BOSS Revolution is a money transfer service that offers many features that are rare or even unique when compared to other services. One of the most notable features is the anti-fraud and encryption technology that they use. This ensures that your money is safe and secure when you transfer it. They also have a contactless debit card which makes it easy to pay for goods and services. Additionally, they offer multiple payment options so you can choose the one that suits you best. Another great feature is their referral program. This allows you to earn rewards for referring friends and family to the service. Finally, they offer a cost comparison tool so you can see how their rates compare to other providers. They also offer language options and live chat support so you can get help when you need it.


In their reviews, users have mentioned that one of the pros of BOSS Revolution is that it is easy to use. They have also said that customer service is bad and that there have been login problems. However, they have also praised the app store listing and said that it offers good value for money.

Key facts

  • Real-Time Transfers

  • Transfers

    Unlimited

  • Multiple Currencies

  • Money Tracker

Pros

  • Really appreciated by its users

  • Money back guarantee

  • Fantastic service

  • Easy to use

  • Easy to install

See all

Cons

  • Money transfer issues

  • Problems with app store listing

  • Customer service is bad

  • Bad accessibility

  • Annoying ads

See all

In their reviews, users have mentioned that one of the pros of using Transfer Galaxy is that they offer a money back guarantee. This means that if users are not satisfied with the service for any reason, they can get their money back. Additionally, reviewers have said that Transfer Galaxy is great for transferring data and that it is fast. Some cons that have been mentioned include issues with the money transfer process and problems with the app store listing. However, users have also said thatTransfer Galaxy loads fast and is easy to install and use. Overall, reviewers have had a fantastic experience with the service.

#6

OrbitRemit

1,580 Reviews analysed

1,297 Positive

283 Negative

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Key facts

  • Real-Time Transfers

  • Transfers

    Unlimited

  • Multiple Currencies

  • Money Tracker

  • Encryption

    Anti-Fraud

Pros

  • Money back guarantee

  • Really appreciated by its users

  • Fast

  • Fantastic service

  • Easy to use

See all

Cons

  • Money transfer issues

  • Customer service is bad

  • Slow performance

  • Login problems

  • Waiting time

See all

In their reviews, users have mentioned that one of the pros of OrbitRemit is that it has a money back guarantee. Another pro is that it has fantastic service. Additionally, users have said that it is easy to install and use as well as being fast. However, some cons that have been mentioned are that there have been issues with money transfer in the past, customer service is bad, and login problems have also been reported. Additionally, some users have found the performance to be slow. Despite this, there are lots of long-time users who seem to enjoy the service overall for its good value and ease of use.

#7

Pangea

1,906 Reviews analysed

1,591 Positive

315 Negative

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Key facts

  • Real-Time Transfers

  • Transfers

    Unlimited

  • Multiple Currencies

  • Money Tracker

Pros

  • Fast

  • Money back guarantee

  • Fantastic service

  • Really appreciated by its users

  • Great filters

See all

Cons

  • Money transfer issues

  • Customer service is bad

  • Waiting time

  • There are better alternatives

  • Delivery problems

See all

In their reviews, users have mentioned that Pangea is a fast and efficient service with great filters. However, some users have found the customer service to be bad, and others have found that there are better alternatives available. Additionally, waiting time can be an issue, as well as money transfer issues. Despite these cons, Pangea offers a money back guarantee.

#8

Veem

39 Reviews analysed

36 Positive

3 Negative

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Key facts

  • Real-Time Transfers

  • Transfers

    Unlimited

  • Multiple Currencies

  • Money Tracker

  • Encryption

    Anti-Fraud

Pros

  • Customer service is great

  • Really appreciated by its users

  • Has helped many users

  • Great support

  • Could recover all data

See all

Cons

  • Money transfer issues

  • Suspected scam

See all

#9

Placid

1,723 Reviews analysed

1,379 Positive

344 Negative

Visit site

Key facts

  • Real-Time Transfers

  • Transfers

    Unlimited

  • Multiple Currencies

  • Money Tracker

Pros

  • Money back guarantee

  • Fantastic service

  • Fast

  • Customer service is great

  • Good value for money

See all

Cons

  • Money transfer issues

  • Customer service is bad

  • Waiting time

  • Bad user experience

  • Don't waste your time

See all

In their reviews, users have mentioned that Placid is a fast service that offers a money back guarantee. They have also said that the customer service is bad and that the user experience is not good. However, they have also said that Placid is a good value for money and that it is better than the rest of the services out there.

#10

Remitly

4,386 Reviews analysed

3,471 Positive

915 Negative

Visit site

Key facts

  • Real-Time Transfers

  • Transfers

    Unlimited

  • Multiple Currencies

  • Money Tracker

  • Encryption

    AES 256

Pros

  • Money back guarantee

  • Fast

  • Really appreciated by its users

  • Fantastic service

  • Easy to install

See all

Cons

  • Money transfer issues

  • Customer service is bad

  • Account is locked

  • Don't waste your time

  • Suspected scam

See all

Remitly is a money transfer service that offers competitive rates and an easy-to-use interface. It is one of the few services that offer a currency converter, online currency exchange, and the ability to compare costs. It also has an API for developers and how-to videos. The service is available in multiple languages. Remitly is regulated by the Financial Conduct Authority (FCA) in the United Kingdom and is a member of the European Union Payment Institutions Federation (EU PF). The company is headquartered in London, United Kingdom. Remitly offers a number of features that are rare to be found in other services. These features include a currency converter, online currency exchange, API solutions, how-to videos, real-time transfers,Referral program ,live chat support,BBB accreditation , transfer tracker, multiple supported currencies, risk management guide, language options, inter-bank transfers, anti-fraud and encryption technology, regulated partners, free transfers, request payments, feedback area , money tracker , 24/7 support ,transfer confirmation , international money transfer , same day transfers . It also has all features that are common in this area such as email support, phone support, android mobile app , iOS mobile app.


In their reviews, users have mentioned that one of the pros of using Remitly is that they offer a money back guarantee. If customers are not satisfied with their service, they can contact customer service to request a refund. However, some users have also reported that they have experienced issues with transferring money and that customer service is not very responsive in addressing these issues. Another pro mentioned by users is that Remitly is easy to install and use. However, some reviewers have also said that there are better alternatives available and that their accounts have been locked without warning or explanation. Overall, reviewers think that Remitly loads fast, is easy to use, and provides a fantastic service. However, some users report experiencing problems with money transfers as well as poor customer service.

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Frequently Asked Questions

The best Online Money Transfer Service is CurrencyTransfer. CurrencyTransfer has been ranking number 1 for the last 125 days.

Gone are the days when you have no choice but to fall in a long line to pay bills. With a digital wallet, you can pay your utility bills online without the need to head out. A digital wallet is an electronic service that lets you deposit funds, make transactions, and manage your finances digitally. Since it’s digital, all you need is a device and an internet connection.

It’s Simple

Using an online money transfer platform is super simple and easy. It can accommodate you whenever you want to try the platform out.

Accessible

Online money transfers have been made accessible. It lets you send and receive money whenever you are.

Quick

Online transactions are quick and let you save both time and energy. Learning your way around the platforms is worth it.

Convenient Transactions

The transfer feature lets you send and receive money directly from a bank account, or debit card conveniently with just a few clicks. This is handy especially if you are in a hurry and want to transfer funds immediately.

Secured Banking Details

Online money transfer services should offer you optimum security as they make sure to have all your personal information and banking details safe and secured. These online money transfer websites or apps are geared with privacy settings that help you filter who sees your personal details such as bank account numbers and other private account details. Online banking mobile applications also require their users to provide a personal pin code, of which you can enter whenever you try to use the app.

Reliable Customer Service

Online money transfer services should provide reliable customer service you can tap on whenever you need help regarding the services offered by the platform. All you have to do is contact their chat support found on their websites or mobile applications and you are assured that someone will get back to you after you have addressed your concern.

Handy Online Money Transfer Tools

To be able to have an efficient online transfer you must have these trusty tools you can rely on. These handy money transfer tools include balance checker, exchange rates, and branch locators.

Automated Clearing House (ACH) Online Money Transfer

Automated Clearing House (ACH) money transfer online is a type of money transfer service that lets you send and receive funds online through an automated clearing house network. An ACH network is a group of processing systems that banks and other financial organizations use to process transfers in each business day.

Bank Account to Another Bank Account Online Money Transfer

Transferring money from your bank account to another bank account is called a wire transfer. The money you have sent will also appear on the receiver’s account on the same day or within one to two business days.

Transfer Money from Bank Account to Prepaid Card Online

Prepaid debit cards have been useful for people who want to just reload their cards whenever they can without maintaining a certain balance to keep an account. It is also possible to send money from your bank account to a prepaid card online with just two details needed: the account and routing numbers of the prepaid card.

Online Money Transfer from Debit Card

Online money transfer from a debit card only requires you the information of the debit card itself and you can already perform online money transfers with that information.

International Bank Transfer

Banks have given people an option to do international bank transfers online however at a higher cost. Most international bank transfers take about one to three business days.

Instant Money Transfer Through Money Centers Online

Money centers have been offering international money transfer worldwide, and have taken this service online. A lot of money centers have provided their customers’ websites and mobile applications that they can use to be able to send money internationally in an instant. They are also known to offer lower transfer rates compared to banks

Businesses

Many offline and online businesses now offer a cashless payment option for their customers letting people pay for their products or services through their mobile prepaid cards or electronic wallets (e-wallets). A lot of utility services also let their consumers pay their bills conveniently through online money transfer services.

Overseas Workers

Overseas workers can now transfer money conveniently and swiftly. They make use of online money transfer services to send remittances to their families abroad while saving an ample amount of time.

Freelancers

Most freelancers have clients from different places around the world. The most convenient way for them to get paid for their services is through different online money transfer platforms. With online money transfer, freelancers can easily transact with their clients.

Bank Account Holders

Anyone with a bank account can access and check their funds through online banking which makes it easier for them to monitor their accounts as long as they have their mobile phones and internet connection with them. Besides that, they can also send money to or receive money from another bank account without having to go to the actual bank.

Step 1: Choose a service provider

Start by looking for your service provider. For instance, you’re planning to do an online bank transfer, yet you don’t have an online bank account. Before opening an account, check for the reviews first, as well as the transfer rates, to see if your chosen service provider is reliable.

Step 2: Log into your account or create an account

If you already have an existing account, proceed to log in. If you’re not yet registered with your service provider, create an account and proceed with the verification instructions if required.

Step 3: Do the transfer

First, select the type of transfer you’re planning to make. The instructions for the procedure will vary depending on the type of transfer you chose. Input the information needed, such as your recipient’s banking details, and make sure that you’ve typed everything correctly.

Step 4: Double-check your transfer details

Before finalizing the transfer, double-check the details first, especially your recipient’s account information. Also, make sure that you’ve read the terms before proceeding. This way, you’ll lessen the chances of encountering any issues or disputes regarding your transfer.

Step 5: Confirm the transfer and wait for the confirmation message

Lastly, confirm the transfer, and wait for the confirmation message, which will serve as your receipt. Your money will be received either instantly or after a few banking days, depending on the type of transfer you chose.

Whenever you are transferring money these are the basic information you need to input to be able to an online money transfer:

a. Your recipient’s personal information like name, address, bank name, and/or account type (whether it is a current account, savings, trading, checking, etc.)

Note: An account type is usually asked when you are doing a bank-to-bank transfer and not for third-party apps transactions.

b. The account number and bank routing number of your recipient together with the complete name and current address of the recipient’s bank.

c. If you are transferring to an international bank, the recipient’s IBAN (International Bank Account Number) is needed including the receiver’s bank’s BIC (Bank Identifier Code) or SWIFT Code (Society for Worldwide Interbank Financial Telecommunication Code).

Send money

Sending money has been accessible with different online money transfer services found online as you can send money from your bank account to another, or traditional money transfer platforms that now offer online options for their clients. Instant money transfer services are also available to let you send money immediately.

Receive money

Receiving money from online transfer services gives you an option to receive it directly on your bank account or e-wallet, or pick it up from money centers.

Pay bills

Besides sending and receiving money, you can also pay your bills, such as utilities and monthly subscriptions, through your chosen online money transfer application or website.

View Exchange Rates

To be able to see the exchange rates helps you get more value of your money as high exchange rates entail more currency for your money.

Do you have a checking account and a prepaid card? Well, it is possible to send funds from your checking account to a prepaid card, and to be able to do so you would have to take note of the following:

Step 1:

Get the prepaid account number of your receiver together with the routing number of the bank you are sending funds to.

Step 2:

Add the prepaid card to your bank account.

Step 3:

Test a transaction by sending a small deposit to the prepaid card as this step makes sure you are sending money to the said prepaid card.

Step 4:

Finalize the transfer after reviewing the details and inputting the desired amount you want to send.

Transferring money from credit cards to prepaid cards cannot be done directly. But, you can use your credit card to get money into your bank account and have it reload your prepaid card. You can also use cash advance options (either checks or through your current account) to load funds onto your prepaid card. However, the disadvantage of this method is its high interest rates and a credit limit that do not allow you to spend more than a certain amount.

The length of time it takes to transfer money online may vary. It can take an instant, a few minutes, or one to five business days depending on which online service transfer you are using.

The fees for online money transfer services depend on the platform you plan to use, so it is best to inquire with the service provider before making any transactions. You can also check their official websites for the actual rates and fees of their services.

You will be asked for the complete personal information of your recipient before making a transfer. This includes the first and last name found on the government-issued identification card or bank account of the receiver. Their address, contact number, and email are also needed.

You can pay for your money transfer transaction by using your debit or credit card. Visa, MasterCard, Maestro, and Visa Electron cards are commonly supported by transfer services. However, make sure that your card is ensured with secure authentication for its security.

Yes, it is safe to transfer money online as long as you know the person you are sending the money to.

Money transfer firms are regulated by electronic money regulations, and via financial regulators that make sure that online money transfer services follow the guidelines of the banking systems online.

One way to find out if the website you are using to transfer money online is secure is through checking if the link has a padlock symbol in the browser window frame that appears whenever you attempt to register or log in to the website. If not, then the site is probably a fraudulent site. The web address must also start with ‘https://’ as the ‘s’ stands for ‘secure’.

These services use SSL (secure sockets layer) which is a standard security technology that protects your personal details and activity whenever you use their websites and mobile applications. All of your personal details are encrypted between the server and the client making your data all private.

You can ask your online money transfer service provider regarding a refund whenever a transaction is not completed.

All online transfer services try their best to cancel your transactions when needed, however, this can only be possible if your recipient has not claimed or received the money you have sent. If the transfer has already been made, then the service provider would not be able to cancel the transaction. For more details about cancellation and refund policies, you can always check the privacy policy and terms and conditions page of your chosen platform, or call them through their contact numbers for this concern.

Yes, you definitely can track the status of your money transfer transaction. Just use the tracking tool of your chosen website or app, and all you need is to input the tracking details to see your transfer status.

The minimum amount of money you can send online depends on your chosen service provider. Most banks have a daily sending limit of $5000. while money centers have a daily limit that ranges from $999.99 to $2,999.99.

Both bank to bank and money centers have an option to let you transfer money online to over 160 countries around the world. For a specific list of countries, you can visit your platform’s website and see if the country you want to send money to is included in their international list.

Most online money transfer services send you updates through your email or contact numbers regarding the transfer status of your transaction.

Yes, you can change the name of your receiver as long as the money hasn’t been picked up yet. However, this can not be done for bills payment, money orders, or prepaid money transfers.