MONEY GUIDE

How to Compare International Money Transfers

The headline fee is only one part of an international transfer. The exchange rate used can materially affect how much money reaches the recipient.

What to compare

For a fair comparison, enter the same sending amount into each provider and record the exact amount the recipient is expected to receive, along with delivery time and payment method. Confirm whether the recipient's bank can charge an additional incoming fee.

Before you transact

For large or important transfers, review the provider's regulatory status, cancellation terms, support options and transaction limits as well as price.