This article reviews the top three international money transfer services—OFX, MoneyGram, and Western Union—highlighting their features, fees, and transfer options. It helps users select the most suitable platform based on speed, cost, and destination countries, making it easier to send funds globally with confidence.

Best International Remittance Platforms

Sending money overseas is easier than ever thanks to innovative financial technology. Numerous trusted platforms offer fast, cost-effective ways to transfer funds internationally, whether for personal or business needs.

Below are three leading services known for their affordability, speed, and user-friendly experience. Want to send money directly to a foreign bank account? Keep reading to find out how.

OFX
Previously known as USForex, OFX is recognized for its competitive rates and zero transfer fees. Its exchange rates are typically under 1% markup, making it a popular choice for budget-conscious users.

Note that OFX only supports transfers to bank accounts with a minimum transfer of $150. It covers 91 countries and offers options via app, website, or phone, though delivery times can vary. Another economical option is Wise, based in the UK.

MoneyGram
Specializing in fast international transfers, MoneyGram boasts a global presence with over 350,000 locations worldwide across more than 200 nations. Owned by Chinese financial giant Ant Group, it’s a leading choice for quick remittances.

Transfer fees typically range from 1% to 6%, with costs between $9 and $25 for transfers from $200 to $1,000. The maximum transfer limit per transaction is $2,999. For speedy transfers, Xoom (a PayPal brand) provides an efficient alternative.

The Western Union
As the world's largest money transfer network, Western Union offers numerous ways to send cash, including bank deposits and cash pickups, in over 200 countries with nearly 500,000 locations. Digital transfers to bank accounts tend to be more economical but may take longer, while cash pickups are instant but usually pricier. Fees are typically between $0 and $81 for amounts up to $1,000.

Choosing the right international transfer method depends on your urgency, costs, and convenience. Always compare options to find the best fit for your needs.