Cheapest Way to Send Money Internationally

As money transfer apps are still a developing market niche, there’s always room for a new kid on the block – and Ogvio steps into the scene with quite a bang. This soon-to-launch platform promises low fees, fast transactions, a user-friendly interface, and global support.

	Ogvio
Fees	Incremental Free transfers between Ogvio users Free crypto transfers and trading
Supported Countries	160+ countries
Supported Currencies	40+ currencies
Transfer Speed	Nearly instant
Payment Methods	Credit/debit card, Apple Pay, Google Pay, bank transfer
Transfer Limits	None
Platform Support	Browser-based, app coming soon
Other Features	0% crypto trading fees Cryptocurrency support on Base network @Tag functionality Payment request links Currency conversion

Table: Overview of Ogvio features

If you’re looking at how to send money internationally for free, Ogvio might just be your best bet: users will be able to make transfers to other Ogvio users free of charge, no matter where they live. This platform will allow both fiat and crypto transfers, the latter being free (you’ll only have to pay gas fees, but the platform itself won’t charge you anything).

This is all achieved with Ogvio’s underlying infrastructure: it runs on a blockchain smart contract, which provides a massive speed and scalability advantage. Your transfers will go through in seconds with no freezes or delays!

Aside from fiat transfers, Ogvio also supports cryptocurrencies on the Base network, including BTC, ETH, SHIB, BONK, DOT, and EURC. Crypto deposits and conversions are free, too.

When it comes to fiat, Ogvio will offer a quick and easy way to convert USD and EUR to other currencies – no need to always stock up on local currencies and risk losing the value of your funds because of inflation.

You’ll be able to top up using many of the most popular payment methods, such as credit/debit card, Apple Pay, Google Pay, or a bank transfer.

As for geographical support, the full list of supported countries isn’t available yet, but what we know so far is that Ogvio will work across Europe, the UK, and the US. And if you’re wondering if you’ll be able to use this cheapest way to send money abroad from where you live, sign up on the waitlist to get all the news and updates as they come!

If you’re looking for a way how to send money abroad for free, Remitly is one of the top choices. While it’s not the only platform that lets you make your first transfer for free, where it apart is offering free international money transfers for certain countries: the US, the UK, Canada, Australia, France, Germany, Italy, and a number of others.

	Remitly
Fees	Free transfers between the US, UK, Canada, Australia, and several EU countries $3.99 for other transfers
Supported Countries	170+ countries
Supported Currencies	100+ currencies
Transfer Speed	Varies depending on the payment method
Payment Methods	Credit/debit card, Apple Pay, bank transfer, cash pickups
Transfer Limits	Up to $100,000 per transfer
Platform Support	Web, mobile (iOS and Android)
Other Features	Free first transfers Refunds for transfer delays Live transfer tracking Email and SMS notifications

Table: Overview of Remitly features

As for transfers to other countries, Remitly’s online calculator lets you easily check how much you’ll be charged for making a transaction of a certain size and see all the available payment methods. The good news is that most transfers are pretty cheap and don’t scale with the size of the transaction. For example, sending $100 from the US to China costs as much as sending $10,000 – only $1.99!

Remitly really blows it out of the water with its refund policy: it promises a 100% refund on your fees if you’re not satisfied with your transaction for any reason. In other words, getting your transfer delayed would turn out to be the best way to send money internationally without fees, since your fees would simply get cancelled.

Like most other money transfer apps, Remitly has a calculator that shows exactly how much a certain transaction would cost and how much the recipient would get. What’s more, you’ll see a comprehensive list of all the available payment methods. You can even choose to pick up a transfer in cash from one of Remitly’s pickup locations.

Remitly protects each transaction with several layers of security, such as account verification, 2FA, and Secure Socket Layer (SSL) with 256-bit encryption. You can also track your transactions on the web or mobile app and set up email or SMS notifications.

As of writing this, Remitly is available in over 170 countries, including the US, Canada, and Australia. Some new countries and territories will be added soon: Angola, Macau, Taiwan, South Sudan, and the US Virgin Islands, so keep an eye on the official website to find out when they become available.

With a user base of over 60 million people worldwide, Revolut is much more than just a money transfer app. It offers a debit or credit card with plenty of benefits and discounts. However, it first rose to fame as the cheapest way to send money abroad – or at least one of the cheapest, for sure.

	Revolut
Fees	Free transfers to other Revolut accounts Free transfers to SEPA Other international transfers starting from 0.2% or $10
Supported Countries	EEA, Australia, Brazil, Japan, New Zealand, Singapore, Switzerland, UK, US
Supported Currencies	25+ currencies
Transfer Speed	Instant
Payment Methods	Credit/debit card, bank transfer, Apple Pay, Google Pay
Transfer Limits	Up to 100,000 EUR for a single payment
Platform Support	Mobile (iOS and Android)
Other Features	Credit or debit card Subscription plans

Table: Overview of Revolut features

First things first: topping up your Revolut account from another debit or credit card costs nothing at all. And all the money transfers to other Revolut accounts are free as well, no matter how much money you’re sending or in what currency.

Local payments in your base currency that are sent to a bank account in your country are free, as well – as are payments in EUR sent to any account inside the Single Euro Payments Area (known as "SEPA"). If you’re looking for the cheapest way to send money to Europe, there’s nothing more left to ask!

When it comes to international transfers outside Europe, the fees depend on the country and the payment method. They range from 0.2% (ACH transfers for USD) to $10 (wire transfer to the US) or more.

Revolut features an incredibly user-friendly app that lets you quickly convert your local currency to any other, top up your account, or make a payment to other Revolut users. The Home tab also includes your full transaction history and even shows upcoming scheduled payments.

As for security, Revolut features strict identity checks, biometric login, and in-house AI algorithms that immediately flag high-risk transactions and suspicious spending patterns. If your account gets hacked and an unauthorised transaction gets through, Revolut offers liability protection through VISA and Mastercard.

There’s no better way to attract new customers than offering stuff for free. In that vein, it’s safe to say that Western Union is definitely the cheapest way to send money internationally, as it costs nothing at all – as long as you’re a new user doing it for the first time!

	Western Union
Fees	First transfer for free Other transfers: around $0.65 to $3.76 for every $100
Supported Countries	200+ countries
Supported Currencies	130+ currencies
Transfer Speed	A few minutes to a few business days, depending on the transfer method
Payment Methods	Credit/debit card, bank transfer, Apple Pay, cash payment at a pickup location
Transfer Limits	Before verification: up to 1,000 EUR per transaction or within a 3-day period After verification: up to 5,000 EUR per transaction.
Platform Support	Web, mobile (iOS and Android)
Other Features	Online fees and exchange rates calculator Transaction scheduling Live transaction tracking and email notifications

Table: Overview of Western Union features

Your next transfer and all the subsequent ones will, unfortunately, be subject to Western Union’s fees and exchange rates, but the costs are still reasonable enough. It’s hard to give an exact estimate, but in a nutshell, you’ll be paying about $0.65 to $3.76 for every $100 you transfer, so the costs will depend on the size of the transaction, as well as the currency and your payment method.

Speaking of payment methods, Western Union’s selection is quite unique. Aside from the popular ones you’ll find on most other similar apps, such as credit/debit card, bank transfer, and Apple Pay, you can pay in cash in one of Western Union’s agent locations around the world.

Western Union’s website has a handy calculator that shows you exactly how much your international transfer will cost, and how much your recipient will get. What’s more, you can track your transactions by entering your tracking number (MTCN) online or into the app and get email notifications once they arrive.

Want to save your transaction for later? No problem! The Western Union app comes with a scheduling feature that lets users start, pause, and resume transactions from the history page.

When it comes to security, your transactions are protected with multi-factor authentication via Strong Customer Authentication (SCA), as mandated by the EU’s Revised Payment Services Directive (PSD2).

So, is Western Union the cheapest way to send money to Europe? It’s definitely among the best apps for this purpose, and it works not only in the EU but in 200+ countries around the world and supports 130+ currencies, so no matter where you live, you’re unlikely to be left out.

Could Wise be the cheapest way to send money abroad? That depends on a number of factors; namely, how much money you’re sending and how. One thing is clear, though – if you want to know exactly how much you’re getting and what your fees include, you’ll definitely appreciate this app’s approach to transparency.

	Wise
Fees	Starting from 0.1% for certain transfers 0.32% - 0.62% for other transfers
Supported Countries	160 countries
Supported Currencies	40 currencies
Transfer Speed	Instant or up to several hours, depending on the payment method
Payment Methods	Credit/debit card, bank transfer, iDEAL
Transfer Limits	$2,000 to $1.6 million per transfer $2,000 to $50,000 per day $8,000 per week $250,000 per 60 days
Platform Support	Web, mobile (iOS and Android)
Other Features	Large transfer discounts Fee calculator Live progress tracking 48-hour exchange rate lock-in

Table: Overview of Wise features

So, what’s the cheapest way to wire money internationally on Wise? Here’s what does the trick: if you’re sending more than 2 million GBP or equivalent to another Wise account in one go or within a calendar month, you can enjoy a 0.1% fee. The same applies to converting more than 2 million of these currencies between each other: AUD, CAD, EUR, GBP, or USD.

And that’s not the only type of large transfer discount Wise offers. If you’re sending more than 20,000 GBP (or equivalent), your fees get slashed in half.

In general, Wise’s transfer fees depend on the currency and the payment method, so they might differ for every transfer. For example, sending 1,000 EUR as a bank transfer and converting them on the go (so the recipient gets USD) would cost 0.62% – which is still significantly cheaper than you’d find on most regular banks.

You can check exactly how much you’ll pay on Wise’s online calculator. What you see is exactly what you get – no hidden fees as an unpleasant last-minute surprise. What’s more, the exchange rate gets locked in for 48 hours, so even if you decide to transfer later, you won’t have to worry about recalculating the fees.

Most transfers on Wise are instant, and both the web and mobile apps feature live tracking for transaction progress. You can also set up 2FA authentication for extra security. Wise is regulated by the National Bank of Belgium in the EEA and works in 160+ countries, including the US, Canada, and the UK.

How to send money internationally for free with fixed exchange rates at regular intervals? That’s the question OFX has an answer for. This money transfer app not only allows free transfers for sending more than $5,000, but also lets you schedule your payments in advance and lock in the exchange rate for up to 12 months.

	OFX
Fees	Free transfers in Ireland $10 for transfers up to $5,000 Free transfers over $5,000
Supported Countries	170+ countries
Supported Currencies	50+ currencies
Transfer Speed	1-3 business days
Payment Methods	Credit/debit card, bank transfer
Transfer Limits	No transfer limits (except the ones imposed by the bank)
Platform Support	Web and mobile (iOS and Android)
Other Features	Discounts for the first transfer Limit orders Forward contracts Scheduled payments

Table: Overview of OFX features

It might not be the number one cheapest way to send money to Europe (although it’s certainly one of them), but those who live in Ireland get the benefit of completely free transfers. As for those in other countries, it’s still quite cheap: sending less than $5,000 has a flat fee of $10, while larger transfers are free of charge.

OFX has plenty of free tools and resources on their website, including currency charts, interbank exchange rates, SWIFT codes, and a virtual Business platform tour so you can try it out before subscribing.

This money transfer app is ASX-listed and monitored by over 50 regulators globally. Just like any other platform that boasts to be the cheapest way to send money internationally, it monitors all registrations, logins, and transactions to identify suspicious activity.

As of writing this, OFX works in over 170 countries, and new ones are still being added to the list. You can send payments in 50+ currencies, including NZD, PLN, or SGD, from the web or mobile app. There’s also 24/7 customer support.

All in all, if you’re figuring out how to send money abroad for free, OFX is definitely one of the best picks for its customizability and security.

When it comes to transferring money abroad, most people aren’t just looking for the cheapest way to wire money internationally, but the most convenient one, too. This is where Xoom comes into the picture: among the possible choices, you’ll find quite a few unconventional options, including UPI, PIX, and even reloading mobile phones.

	Xoom
Fees	Free for some transfers $1.49 to $8.29
Supported Countries	EEA, US, Canada, UK
Supported Currencies	30+ currencies
Transfer Speed	From a few minutes to a few days
Payment Methods	Credit/debit card, bank transfer, mobile wallet, PayPal, UPI, PIX, cash pickup
Transfer Limits	Level 1 verification: up to $2,999/6,000 per day/month Level 2 verification: up to $10,000/$20,000 per day/month Level 3 verification: up to $50,000/60,000 per day/month
Platform Support	Web or mobile (iOS and Android)
Other Features	Topping up mobile phone data Paying bills

Table: Overview of Xoom features

Xoom’s international transfer fees are pretty low for the most part. You can try the online calculator to find your exact rates, which range from free to $1.49 to $8.29 depending on the transfer method. For example, sending USD to Canada and paying either in PYUSD or your bank account would cost you nothing at all, as would sending less than $50 through a debit card.

If you want to send money for a more specific purpose, Xoom has got you covered, too. You can easily pay for your family’s electricity, gas, cable and phone services and have those payments arrive within 2 business days, or refill their mobile phone’s airtime.

Xoom has a three-level verification system that determines transfer limits. If all you’ve done is fill out your profile, you’re allowed to send $2,999 per day or $6,000 per month. Users who provide their social security number and answer a few additional questions can transfer up to $10,000/$20,000 per day/month, and those who submit proof of identity can send up to $50,000/$60,000 per day/month.

Xoom transfers typically take from a few minutes to a few business days, depending on the method. If, for example, you’re sending crypto as a way to send money internationally without fees, it will probably come through instantly, while other methods, like a bank transfer, would take longer.

Sometimes, the cheapest way to send money internationally might actually be to do it more often. At least that’s the idea with MoneyGram and its approach to transfer fees. While its regular fees are already quite affordable, you can get some attractive discounts by signing up for their loyalty program.

	MoneyGram
Fees	Starting from $0.6 per transfer
Supported Countries	200+ countries
Supported Currencies	135+ currencies
Transfer Speed	From a few minutes up to 2 business days
Payment Methods	Credit/debit card, Apple Pay, cash pick-up
Transfer Limits	Up to $5,000.00
Platform Support	Web or mobile (iOS and Android)
Other Features	Cryptocurrency support Rewards program Mobile top-ups

Table: Overview of MoneyGram features

MoneyGram allows sending money or crypto to over 200 countries. The fees are pretty uniform across the board: roughly $0.6-0.7 per transfer, although they still vary a bit, depending on the country and transfer method.

However, enrolling in MoneyGram’s loyalty program (it’s free!) gives you a 20% discount on your second transfer’s fees and a 40% discount on the fees of every fifth transfer, along with other member-only offers and promotions.

MoneyGram supports credit/debit cards, Apple Pay, and cash pick-ups as payment methods. What’s more, you can use it to pay your family or loved ones’ bills or top up their mobile phone data across 600+ supported mobile networks worldwide.

Learning how to send money internationally for free (or almost free) on this app is very easy: it doesn’t really have any bells and whistles, such as a complex calculator or transfer scheduling features. All you have to do is enter the send details (who you’re sending money to and how much), choose your payment method, and the pick-up method.

If your recipient decides to pick up their transfer in person instead of online, they’ll need to bring a valid ID and the 8-digit reference number. Major cities like London and NYC have as many as 10 pick-up stations, while most other cities would still have at least a few.