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 platform offers low-to-no fees, fast transactions, a user-friendly interface, and global support.

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 are able to make transfers to other Ogvio users free of charge, no matter where they live. Fees for bank transfers into and outside the ecosystem depend on the country you're sending from and to, as well as your payment method, but they are always shown upfront.

	OGVIO
Overall Score	9.8
Transaction Fees	Free-to-Low
Pricing Model	Per-transaction
Value For Money
Verdict	A global money transfer service with an additional volatile currency rate pegging to USD or EUR.
	Visit site Read review

Table: Ogvio features

Aside from 40 fiat currencies, Ogvio also supports several cryptocurrencies on the Base network for trading inside the app, including BTC, ETH, USDC, and EURC. You have the option to top up your account with USDC for free by depositing from your crypto wallet, as well as send USDC payments to other Ogvio users or external wallets.

When it comes to fiat, Ogvio converts your balance to USD or EUR the moment you top up. So, you hold your funds in stable currencies instead of local currencies, with which you risk losing the value of your assets because of inflation. That said, upon withdrawal to a bank account, Ogvio converts your funds to your chosen currency.

Like many other P2P apps, Ogvio offers an easy way to split bills with your friends – you create and share a payment link with them. Last but not least, the upcoming Ogvio card will help you save on currency conversion fees while spending abroad.

Ogvio is supported in 160+ countries and regions, including the UK, UAE, Pakistan, the Philippines, and many others.

If you’re looking for a way how to send money abroad for free, Remitly is one of the top choices. It often provides fee-free international money transfer promos for your first transaction. However, the availability depends on your chosen corridor.

Table: Overview of Remitly features

As for subsequent transfers, 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 with some routes, 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, because it applies a flat rate.

	REMITLY
Overall Score	8.4
Transaction Fees	Varies
Pricing Model	Per-transaction
Value For Money
Verdict	A beginner-friendly cross-border remittance solution.
	Visit site Read review

Table: Remitly features

Remitly really blows it out of the water with its refund policy: it promises a 100% refund on your fees if a transfer is not delivered on time. 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.

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.

	REVOLUT
Overall Score	9.0
Transaction Fees	Up to $10/transfer
Pricing Model	Plan + per-transaction
Value For Money
Verdict	An all-in-one finance app that makes global spending and investing effortless.
	Visit site Read review

Table: Revolut features

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! For Swedish and Romanian customers, this also includes payments made in SEK and RON, respectively.

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 in some regions, as it costs nothing at all – as long as you’re a new user doing it for the first time during an active first-transfer-free promo!

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.

	WESTERN UNION
Overall Score	9.4
Transaction Fees	Varies
Pricing Model	Per-transaction
Value For Money
Verdict	A global service trusted for decades for sending money digitally or in person, though often pricier than newer alternatives.
	Visit site Read review

Table: Western Union features

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.

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.

	WISE
Overall Score	9.6
Transaction Fees	Varies
Pricing Model	Per-transaction
Value For Money
Verdict	A trusted digital remittance service with upfront fees and great rates, but limited options for cash delivery.
	Visit site Read review

Table: Wise features

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.

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
Overall Score	9.0
Transaction Fees	Varies
Pricing Model	Plan + per-transaction
Value For Money
Verdict	A bank-to-bank transfer service focused on competitive exchange rates and lower fees.
	Visit site

Table: OFX features

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.

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.

	XOOM
Overall Score	6.0
Transaction Fees	Varies
Pricing Model	Per-transaction
Value For Money
Verdict	An online international money transfer service, owned by PayPal.
	Visit site

Table: Xoom features

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.

Transfer limits depend on the user’s country or region, so if you live outside the US, check Xoom’s website to see if you’re subject to different limits than the above.

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.

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.

	MONEYGRAM
Overall Score	8.9
Transaction Fees	Varies
Pricing Model	Per-transaction
Value For Money
Verdict	A mainstream remittance option with a huge global cash-pickup footprint.
	Visit site

Table: MoneyGram features

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.