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Western Union has tons of locations and a convenient cash pick-up option, but it's not the cheapest option out there and you may be better off using a different money transfer company. Here are some other options to consider.
Around for more than 160 years, Western Union is one of the oldest and most recognisable names in money transfers. Available in 200 countries and territories across the globe and with more than 500,000 agent locations worldwide, money pickups are easy and accessible.
TorFX is a money exchange and transfer company that focuses on getting your funds where they need to go quickly. Unlike other services, it requires funds to be cleared by individuals who hold TorFX accounts. The money must be sent in advance before the transaction can be performed.
WorldRemit provides a variety of transfer options, letting you send money from over 50 countries, and to more than 120 countries. It offers online, bank-to-bank and cash transfers. Similar to Western Union, the fees vary by country and situation.
Like Western Union, OFX offers money transfers to many countries in a variety of currencies. But with higher maximum transfer amounts and no fees, OFX could be better if you're looking to do business or pay for exports overseas.
WorldFirst charges no fees on private client international payments or business currency transactions. It also allows for large transfers with rates closer to the mid-market rate than Western Union. There's an option for WorldFirst to help your business with its overseas payments, as well.
XE Money Transfer is a service designed to help you transfer your funds to a bank in a foreign currency, send cash to your family, make investments overseas or facilitate international business transfers. It has no fees, and instead profits from currency spreads.
TransferWise is a money transfer site focused on value for money. Uniquely, it offers mid-market exchange rates. However, it also charges fees of a fraction of a percent of the total transfer plus a flat amount.
Around since 1976, Travelex is an international money transfer service in around 200 countries worldwide. In addition to money transfer services, it offers a range of travel solutions such as foreign currency sales and travel cards.
Ria is the world's third-largest money transfer service, with more than 240,000 agent locations in 130 countries. It's known for its simple transfers, and aims to offer competitive fees and exchange rates.
As the second-largest international money transfer service in the world, MoneyGram is one of Western Union's biggest contenders. Its transfers and exchanges currencies in over 200 countries and territories around the world to more than 350,000 agent locations worldwide.
In addition to payment support for online purchases, PayPal also offers overseas transfers to more than 200 countries and territories. While PayPal is like a digital banking service, its rates are competitive compared with most banks and financial institutions.
Check out the table to see some of the other money transfer companies in the industry. You can see how much a transfer would cost with each of them by using the calculator below. Alternatively, learn more about Western Union in our review.
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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