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Alternatives to WorldRemit for money transfers

Explore the other services similar to WorldRemit to help you find the best deal for you.

If WorldRemit isn't offered in your area, you need a higher transfer limit or you want a cheaper option, check out what other options you have below. We've compiled some of the most popular and similar money transfer companies to help you make your decision.

Revolut logo

Revolut

Revolut is a relative newcomer to the money transfer space in Australia and offer competitive exchange rates on small transfers.

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Why pick Revolut instead?

  • Revolut's app has a great user experience, making it quick and easy to send money
  • No transfer limit on most major currencies, your limit may vary depending on your plan
  • The Revolut card lets you spend in over 150 currencies around the world
  • Get the mid-market rate during market hours

Downsides

  • App only, can't transfer money through their online platform
  • Similar to Wise, they charge a percentage-based fee
  • Make sure to check your plans limits
  • Not competitive for large money transfers


ofx logo

OFX

OFX is a good alternative if you're looking to send a large amount. Not only is there no maximum sending limit, but the $15 transfer fee is waived if the transfer is over $10,000.

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Why pick OFX instead?

  • No maximum transfer amount
  • Fees waived for larger transfers
  • Forex tools like forward contracts and limit orders available
  • Has a specialised business product

Downsides

  • Recipient has to have a bank account
  • Can only pay by bank transfer
  • No cash pick-up option


Wise logo

Wise

Wise offers users the mid-market rate and is one of the only transfer companies to do so. This means you'll get the exchange rate you see on Google or Reuters, without an extra margin added on.

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Why pick Wise instead?

  • Guaranteed better exchange rates
  • High daily sending limits
  • Good for smaller transfers, with a minimum of $1
  • Multiple payment options

Downsides

  • Not as wide a range of currencies as WorldRemit
  • Expensive for large transfers


Instarem logo

Instarem

Instarem is great for fast transfers and offer loyalty points to loyal customers.

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Why pick Instarem instead?

  • Transparent fees, no hidden costs and fair markups
  • Offers the mid-market rate for some currencies
  • Earn loyalty points and get same-day transfers on most transfers

Downsides

  • Your receiver must have a bank account
  • Only support 36 currencies, this is below the average for providers
  • If you're sending over $10,000 AUD, TorFX or OFX is a better option


Western Union sites like

Western Union

Western Union is one of the most well-known names in the industry. It has more than 500,000 agent locations around the world, making it convenient for both sending and receiving money as cash.

Why pick Western Union instead?

  • Cash pick-up locations in almost every country
  • Instant transfers
  • Low minimum transfer amount of $1
  • Can pay with cash or in-person

Downsides

  • Charge relatively high fee's when transferring money via credit card or debit card
  • Not suitable for large transfers due to sending limit of AUD $50,000


MoneyGram logo

MoneyGram

Well-known money transfer brand, MoneyGram transfers money to over 200 countries and provides cash-pickup.

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Why pick MoneyGram instead?

  • 350,000 cash pick-up locations globally
  • Offers a wide range of currencies
  • Can pay by cash and in-person

Downsides

  • High transfer fees
  • Max transfer limit of $13,750 per month
  • Inconsistent exchange rates


TorFX logo

TorFX

TorFX is another company that has no maximum sending limit, meaning it's well-suited to the larger transfers WorldRemit can't do. TorFX also has a business option.

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Why pick TorFX instead?

  • No transfer fees
  • Dedicated account manager assigned to you
  • Forex tools to help you get the exchange rate you want
  • Price-match guarantee

Downsides

  • Must send to a bank account
  • Limited currencies, covers popular remittance currencies
  • Can't pay with cash or card
  • Not suitable for transfers under $2,000


Remitly logo

Remitly

Transfers with Remitly come with an "on time promise", meaning you'll be refunded if your transfer doesn't arrive on time. You're able to send money to a lot of popular remittance countries, like India and the Philippines.

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Why pick Remitly instead?

  • Can send money without being verified
  • Offers many delivery options like cash pick-up, mobile wallet and home delivery
  • Express option for instant transfers
  • Low minimum transfer limit at $10
  • Express option for instant transfers

Downsides

  • Not good for larger transfers as you can only send a small amount per day
  • Higher fees for faster deliveries


Xe Money Transfer Logo

Xe Money Transfer

Xe offers low-fee transfers, backed by a well-known brand in the currency exchange industry.

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Why pick Xe instead?

  • Low fees - charges a small flat fee for amounts under $500.
  • Security of a well-known brand
  • Create currency pair alerts
  • Multilingual customer support

Downsides

  • Doesn't accept cash or card payments
  • Need to create an account to get a quote
  • No cash pick-up option


Still looking for other options?

Our table below lets you compare services you can use to send money abroad. Compare fees, exchange rates and discounts from different money transfer services, and when you have made your choice, click Go to site.

Alternatively, learn more about WorldRemit in our review.

Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer)
TorFX
24 hours
$0
TorFX sends money overseas in 40+ currencies, with competitive rates for transfer amounts over $2,000.
Xe Large Transfers
24 hours
$0
Xe has fast transfers with low fees and a range of foreign currency tools.
OFX
24 hours
$0
OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.
Send Payments
24 hours
$0

Send provides fee-free transfers via its 24/7 multi-currency payments platform with real-time quotes.
Revolut
Within minutes
$0
Send money with great rates and low fees in 30+ currencies.
Xe Money Transfers
Within minutes
$0
Xe has fast transfers with low fees and a range of foreign currency tools.
Instarem
Within minutes
From 0%
50% off first transaction fee from any country in APAC (outside India).
Minimum transfer of $250 and max transfer of $500,000
Wise (TransferWise)
Within minutes
From 0.43%
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.
TorFX
24 hours
$0
TorFX sends money overseas in 40+ currencies, with competitive rates for transfer amounts over $2,000.
Remitly
Within minutes
From $0
Remitly has quick, affordable transfers around the world, with both express and economy options.
WorldRemit
Within minutes
From $0.99
Use promo code 3FREE and pay no fees on your first 3 transfers. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Rocket Remit
Within minutes
From $0 to $5
Send money instantly to friends and family in over 45 countries using just your mobile number.
MoneyGram
Within minutes
From $1.99
MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.
SingX
Within minutes
From 0.5%
SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
CurrencyFair
Within minutes
€3
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
OFX
24 hours
$0
OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.
Send Payments
Send Payments
24 hours
$0
Send provides fee-free transfers via its 24/7 multi-currency payments platform with real-time quotes.
MasterRemit
Within minutes
From $0
Get your 1st and 2nd money transfer for free with promo codes FIRSTFREE and MASTERFINDER!.
Send money in minutes at competitive exchange rates to the Middle East, Africa and South Asia.
Western Union
Within minutes
From $0
Western Union sends money online to friends and family in 200+ countries around the world.
Qantas Business Money
Within minutes
$0
Limited time offer: Earn up to 125,000 bonus Qantas Points as a first-time converter. Ends 30 April 2024. Conversion limits and T&Cs apply.
Set up accounts in 11 different currencies and get rewarded for global business payments by earning Qantas Points.
Airwallex
Within minutes
$0
Streamline global payments in 60+ currencies. Send & receive securely in 150+ countries, with fast settlements & competitive rates. Simplify book-keeping & manage everything in one place.
TorFX Business Transfers
24 hours
$0
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
OFX Business Transfers
24 hours
$0
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
WorldFirst
24 hours
From $0
Open bank accounts in Australia, the UK, US, Canada, Japan and Europe. Send and receive funds with zero fees for large sums, including same-currency supplier payments.
Send business
24 hours
$0

Send provides fee-free transfers via its 24/7 multi-currency payments platform with real-time quotes.
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