MoneyCorpLogo_Supplied_250x250

Sites like Moneycorp for sending money overseas

The best alternatives to Moneycorp for transferring money internationally.

Moneycorp is a money exchange service that offers free expert guidance and various forex tools to help lock in the exchange rate you're after. However, its value for money may not be as good as other options when transferring currencies other than the British pound.

Pros

  • Take advantage of a 1% to 1.2% margin on the mid-market rate
  • Send as much as you need 24/7 to friends, family and businesses abroad
  • Offers spot contracts, forward contracts, recurring payments and more

Cons

  • Requires double currency conversion from dollars to pounds to the currency you're ultimately sending — charging you for both
  • Complicated setup requires ID and phone verification, adding time to registration
AlternativeS to Moneycorp

1. OFX

OFX aims to offer competitive rates compared with the banks, with many transfers starting at just 0.4% above the mid-market rate. There are no fees on transfers over $10,000.

Pros

  • Competitive rates
  • High-limit transfers to 50+ currencies
  • Offers scheduled, recurring transfers and hedging tools for savings into the future
  • No fees on transfers above $10,000

Cons

  • $250 minimum transfer
  • Supports bank-to-bank transfers only
  • $15 fee on transfers under $10,000

2. TorFX

TorFX is a forex and money transfer service that can send your international payment in more than 60 currencies – all backed by a best-rate guarantee. It offers tools to lock in today's rate for future transfers or jump when the market hits the rate you're looking for.

Pros

  • Offers rates for more than 60 currencies at up to 5% better than your bank's
  • No fees and a best-rate guarantee on competitive rates
  • Lets you lock in current rates

Cons

  • High minimum transfers may not suit everyone
  • Supports bank-to-bank transfers only

3. XE Money Transfer

Like Moneycorp, XE Money Transfer offers competitive rates and no fees on bank-to-bank transfers worldwide. But XE can keep more money in your pocket by forgoing the need to first convert your money into British pounds, which Moneycorp requires.

Pros

  • Offers safety and security as the one of the world's largest money transfer services
  • No transfer fees
  • Competitive rates

Cons

  • To see potential rates, you must first sign up with XE Money Transfer
  • Transfers can take several business days to complete

transferwise logo

4. TransferWise

TransferWise offers mid-market exchange rates, but also charges fees that increase with larger amounts sent.

Pros

  • Mid-market exchange rates
  • Clear, simple fees
  • Sign up and send in minutes

Cons

  • Bank-to-bank transfers only, with no option for cash pickup
  • Can take up to five days for delivery
  • Fee structure may not suit larger transfers

5. WorldRemit

WorldRemit services more than 140 countries through tens of thousands of agents, and aims to offer strong rates at each. WorldRemit also offers more payment flexibility than Moneycorp, allowing payments from your bank account or by credit or debit card.

Pros

  • Operates in over 140 countries and thousands of agent locations
  • Supports bank-to-bank transfers, cash pickups and mobile top-ups
  • Easy site takes you from sign-up to transfer in minutes

Cons

  • Fees can vary widely and are typically higher for larger transfers
  • Only offers mobile credit top-ups in some less-serviced countries

travelex logo

6. Travelex

Travelex offers a money back guarantee if you find a better quote from a competitor within 30 minutes of your transfer. Like Moneycorp, Travelex can also help you lock in affordable exchange rates through forward contracts and limit orders.

Pros

  • No fees on transfers above $10,000
  • Price beat guarantees
  • Schedule recurring payments, or lock in rates on future transfers through forward contracts and limit orders

Cons

  • Weaker exchange rates than you'll find with competitors
  • Flat $15 fee on transfers under $10,000

western union logo

7. Western Union

In business for more than 160 years, Western Union makes it easy to transfer money online and from more than 500,000 agent locations around the world. But its exchange rates are typically weaker than you'll find with a digital specialist like Moneycorp or the others on this list.

Pros

  • In business since 1871
  • Send as little a $1 for pickup in minutes at more than 500,000 agent locations
  • Delivery options include credit or debit card, bank account, cash pickup and mobile top-ups in select countries

Cons

  • Exchange rates can be 5% or higher than the mid-market rate
  • Depending on your transfer details, fees can be higher than digital competitors

RIA Logo

8. Ria

Ria has around 250,000 agent locations in 130 countries. It offers more flexible delivery options than Moneycorp, including cash pick-ups, bank transfers and even home delivery in select countries. It aims to combine this flexibility with competitive rates and fees.

Pros

  • Vast worldwide network
  • Allows cash pickups, bank deposit and even home delivery in select countries
  • Pay by debit card, credit card or bank account
  • Can offer more competitive rates and fees than some equivalents

Cons

  • Transfer limits may be too low for your needs
  • Fees vary widely by payment and destination
  • Doesn't offer forward contracts or limit order on future transfers

moenygram logo

9. MoneyGram

MoneyGram is the world's second-largest international money transfer service. Like Moneycorp, MoneyGram allows you to transfer money from your computer or phone, but you can also initiate a transaction in person at more than 350,000 agent locations.

Its fees may be higher than Moneycorp and its rates may be less competitive, but if it helps you avoid the double exchange costs it could still be more cost-effective.

Pros

  • Extensive global network of 350,000 agent locations in 200+ countries
  • Online or in-person transfers for cash pickup, bank deposit or mobile wallet delivery
  • Secure transfers, with same-day services in many countries

Cons

  • Rates, fees and turnaround depends on your destination and payment
  • Worldwide exchange rates can be 5% or higher than the mid-market rate

Paypal Logo

10. PayPal

You've likely used PayPal at some point for online purchases. But this digital giant also supports wireless overseas transfers to more than 200 countries in 20 currencies — a larger network than you'll find with Moneycorp. But it doesn't offer the strongest rates out there, adding 2.5% or more on the mid-market rate. Still, depending on how much you're sending and to where, you might pay less with PayPal than you'll lose to the double conversion required by Moneycorp.

Pros

  • Safe, secure transfers to more than 200 countries
  • Sign up to send money in under 5 minutes

Cons

  • Proportionate fees mean the more you send, the more PayPal takes
  • Weaker exchange rates than you'll find with most digital competitors

Still looking for the right money transfer provider? Compare more options below

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 3,000 1 day GBP 20.00 0.683 USD
6,816
Global Reach will match any competitor's exchange rates. Conditions apply.
No transfer fee when transferring more than £10,000 or equivalent. Send money in over 130 currencies. No maximum transfer amount.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.683 USD
6,834
Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.
Go to site Show details
AUD 250 1 day AUD 0.00 0.684 USD
6,835
SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
AUD 250 1 - 2 days AUD 0.00 0.683 USD
6,832
$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.684 USD
6,839
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.
Go to site Show details
AUD 5 1 - 2 days EUR 3.00 0.68 USD
6,796
Special offer: Pay zero fees on your first 5 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details
AUD 1 Within an hour AUD 3.99 0.678 USD
6,781
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
AUD 200 1 day AUD 0.00 0.681 USD
6,811
Low minimum transfer amount of just AU$200, with no set-up fees or transfer fees. Go to site Show details

Compare up to 4 providers


The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.

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International Money Transfer Offers

Important Information*
Logo for Global Reach (formerly FC Exchange) International Money Transfers
Global Reach (formerly FC Exchange) International Money Transfers

Global Reach will match any competitor's exchange rates. Conditions apply.
No transfer fee when transferring more than £10,000 or equivalent. Send money in over 130 currencies. No maximum transfer amount.

Logo for WorldFirst International Money Transfers
WorldFirst International Money Transfers

Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.

Logo for SendFX International Money Transfers
SendFX International Money Transfers

SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.

Logo for OFX (Ozforex) International Money Transfers
OFX (Ozforex) International Money Transfers

$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.

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