Top 5 Apps to Transfer Money Internationally
When sending money abroad, mulltiple factors such as fees, speed, and convenience often influence your choice of which app or bank to use. Here we have ranked various services based on their user base, fees, transfer speed, number of supported countries, and security measures. We'll explore the unique features of each service and explain why they are popular among users. These services offer different features tailored to meet the needs of users looking to make their first international transfer or to send money more cost-effectively.
Best Apps for International Transfers
- Curfex
- Smiles
- Wise (formerly TransferWise)
- PayPal
- SBI Remit
1. Curfex
Website URL: Curfex
Curfex offers a convenient service for easy international money transfers using your smartphone, eliminating the need to visit a bank. It allows transfers to 22 countries worldwide, ensuring swift and secure transactions globally. With availability 24/7, you can send money at your convenience, and transfers are completed within one business day, accommodating urgent transactions. Moreover, Curfex provides optimal exchange rates to minimize losses due to currency fluctuations. First-time transfer fees are waived, providing a cost-effective option for small or large transfers.
2. Smiles
Website URL: Smiles
Smiles introduces Japan's first proprietary eKYC (electronic Know Your Customer) system, enabling instant online registration and immediate access to services from the same day. By facilitating easy operations through its app, Smiles allows users to send money from Japan to overseas locations anytime and anywhere. The service boasts real-time transfer capabilities with competitive rates and low costs, ensuring smart, safe, and rapid transactions.
3. Wise (formerly TransferWise)
Website URL: Wise
Wise (formerly TransferWise) enables transfers to bank accounts in over 70 countries, processed as local transfers, thereby eliminating recipient fees. With real-time exchange rates, transfers in major currencies are completed within 24 hours, sometimes instantly, enhancing convenience. Easy procedures via app or website further contribute to its popularity, making Wise a top choice for international transfers.
4. PayPal
Website URL: PayPal
PayPal allows secure payments on international shopping sites without disclosing payment information to sellers, ensuring peace of mind for buyers. Registering a bank account with PayPal enables online shopping even without a card. Widely accepted globally, PayPal offers instant transfers and payments at numerous online shops and services, highlighting its rapid transfer capabilities and advanced security measures.
5. SBI Remit
Website URL: SBI Remit
SBI Remit offers industry-low fees starting from 460 JPY for international money transfers. It supports a variety of transfer methods and boasts an extensive international transfer network covering over 200 countries and regions. Multilingual support in 11 languages ensures ease of use and peace of mind for users.
Conclusion
When prioritizing fees, speed, and convenience for international money transfers, Curfex, Wise, PayPal, Revolut, Remitly, and SBI Remit stand out as top services. Each service offers unique advantages and provides optimal transfer methods tailored to user needs. Wise excels with low fees and fast transfers, PayPal offers security and convenience, Revolut provides multi-currency management, Remitly supports a wide range of currencies and offers robust customer support, while SBI Remit stands out with its low fees and multilingual support. Utilize these services to achieve secure and efficient international money transfers.
