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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.
Sites like WorldRemit
OFX
OFX is a good alternative if you're wanting 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.
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
XE Money Transfer
XE offers fee-free transfers, backed by a well-known brand in the currency exchange industry.
Why pick XE instead?
- No extra fees
- Security of a well-known brand
Downsides
- Doesn't accept cash or card payments
- No cash pick-up option
TransferWise
TransferWise 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.
Why pick TransferWise instead?
- Guaranteed better exchange rates
- Transparent fees
- Good for smaller transfers, with a minimum of $1
Downsides
- Not as wide a range of currencies as WorldRemit
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.
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
- Can't pay with cash or card
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
- Higher fees compared to other online-only money transfer specialists
- Also offers relatively weaker exchange rates
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.
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 $0
- 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
Does your company belong in this list?
Still looking for other options?
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.
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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