TOP 10 BEST MONEY TRANSFER SERVICES IN THE WORLD

Top 10 Best Money Transfer Services

10. Obopay

Obopay is trusted by thousands of users worldwide. This money transfer service enables you to transfer money through your smartphone. You just need to create an account, and wait for it to get approved. Once the user account is approved, he can easily send and receive money without any hassle. The service ensures you complete security of your transactions.

9. TransferGo

TransferGo is a highly trusted money transfer service. It is safe, secure, and easy to use. You can make transactions or receive funds without any trouble across Europe and other parts of the world. Unlike any other digital remittance service, TransferGo makes sure to focus on migrant workers who are looking to transfer their amounts to their families abroad. The students and foreign employees give high preference to this service.

8. TorFX

The transfer of money through TorFX is quite easy and convenient. This service ha received “Best European Currency Broker” award by Overseas Living Magazine in 2010. They apply zero or little commission for services on every transaction between $5,000 and $5000,000. TorFX saves your amount into your account till you withdraw it or transfer it to another TorFX user. There are absolutely no hidden costs applied on student accounts even when their transactions are heavy.

7. MoneyExchange

MoneyExchange is another trust-able money transfer service. It applies no fees on sending and receiving amounts within the account limit. The only fees charged are check withdrawals ($2.50 per check), check stop payments ($20 per check), paper statements ($5 per statement), ACH returns ($35 per returned ACH), and overdrafts ($35 per overdraft). You don’t need to attach a bank with your MoneyExchange account, because sending and receiving money to your physical location is what this service does.

6. Western Union

Western Union has thousands of global users worldwide. Even Google sends payments to Adsense users and other business partners through this service. It ensures the users complete security of their amount. The money is transferred within hours, and in urgent conditions it takes only a few minutes. There are service charges applied on every transfer which depend upon the amount you send or receive. You can track the status of your amount via their website.

5. MoneyGram

MoneyGram has its offices in more than 3,10000 cities worldwide. This money transfer service was founded in 1940. It promises to deliver money throughout the world in a couple of minutes. The company ensures complete protection and privacy of your credentials, personal information and transactions. Their online software is used by various website owners to calculate monthly earnings.

4. Currencies Direct

Since 1996, Currencies Direct is focusing on innovative and trusted services, provided to more than 240,000 customers across the globe. This money transfer service is highly trusted by businessmen, companies, bank owners, and other institutes for making international transactions. There are no hidden charges on transactions up to $5000. This UK-based foreign exchange broker and money transfer service provide is dealing in almost all countries in the world.

3. Payoneer

Payoneer allows users to send and receive amounts through re-loadable prepaid MasterCard. This company is registered with Member Service Provider (MSP) of MasterCard for providing its services across the globe. The company was founded in 2005 with $2 million investment by Yuval Tal and other private investors. Many users consider it to be a reliable alternative of Paypal for making wire transfers.

2. Skrill

Skrill (formerly Moneybookers) is a global e-commerce service. It lets the users enjoy easy transfer of money within seconds. Skrill offers you easy deposit, uploading, and sending of amounts, without any need of cheques, and money transfers. You can attach your bank or credit card with your Skrill account to enjoy online payment services. It is owned and operated by Skrill Limited, and is a UK-based company.

1. Paypal

PayPal, no doubt, is the most trusted and widely used payment system nowadays. This works just like Skrill, but is non-supportive for various countries like Pakistan. The payments sent and received by Paypal are secured and protected through their internal systems. You can attach your bank account with Paypal. Open a student or business account to enjoy its various benefits, and get rid of traditional paper methods such as cheques and money orders.

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