Best International Money Transfer Apps | 5 Best International Money Transfer Apps

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Best International Money Transfer Apps – It’s no news that technology has now become widely accepted in all spheres of life. This is also noticeable in that fact money transfer services are now operating online. With the inflow of Fintech companies, there is now a large stream of online-only services that helps you deliver money straight to your local banks around the globe.

Although you are bound to find a lot of international money transfer apps online, it is imperative that before using the right one for you, you have to make your research. This is due to their many different choices and features.


Some of these features include the fact that some apps have geographical constraints. That is they are only available to residents of certain countries while some have very high transfer rates as opposed to some others.

Some will let you receive your money in cash. While a few of these money transfer apps have all the features you need; speed, cost, and convenience in one.

To this end, this article will educate as we have tried to make international money transfer easier. Consequently, we’ve come up with some apps we think are best for your needs as regards international money transfers.

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5 Best International Money Transfer Apps


If you really want to have convenience as regards international money transfer, then PayPal is one of the apps to consider. It is one of the leading apps in terms of having an online global e-wallet.

PayPal also avails you the opportunity to send money to your family and friends instantly; that is if they have a PayPal account too.  A PayPal wallet lets you request money, and collect and make purchases online.

If you have difficulty sending and receiving money and funds in your local bank, PayPal is one of the apps that can do that for you easily. Although pricing and fees can be confusing and unclear as there are transfer fees like the currency fixed fee for sending money, a funding fee, and a transaction fee.

The PayPal wallet might seem long and expensive but it has also proven to be a secure option. It is an app available for iOS and Android.


Wise allows you to send money directly to local bank accounts in India from 59 countries. It is popularly known for its upfront fees and real exchange rate.

With over 5 million users, Wise is one of the most popular apps to send money to India. It is an award-winning app that can let you send money on the go to friends, family, or merchants.


It Uses the real, mid-market exchange rate for every transaction. Furthermore, it has one transparent, low-cost fee and also no maximum or minimums for a transfer.


It has a geographical constraint.

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InstaReM is a modern money transfer service that uses the real mid-market exchange rate for transactions. The platform accepts transfers from Australia, Singapore, Hong Kong, Malaysia, Euro Zone Countries, the UK, India, and the US.

It also offers you zero-margin exchange rates. A percentage of your transfer amount is charged as a fee instead of a flat fee.

Like Wise, InstaReM provides transparent pricing on all of their transfers. So you get the real mid-market exchange rate and an upfront transfer fee on every transaction.

Furthermore, most transactions arrive within 1-2 days.  You can transfer money to InstaReM through Electronic Funds Transfer (EFT) / Bank Transfers / Wire Transfers in all countries.

One can also send money through POLI (in Australia), Debit Card (in EU), FPX (in Malaysia), and ACH Pull or Bank Transfer method (in the USA). InstaReMtransfer differs depending on the originating country.


Remitly is an online-only remittance service provider with a large nationwide coverage with over 130 banks across India. It has a strong reputation for offering fast, easy and low-cost transfers directly to its bank accounts.

Remitly offers you two different options on trying to send money; Remitly Economy or Express. It accepts transfers from 16 different countries, including the US, Germany, UK, and Australia.

There are no transfer fees if you are sending less than $1,000 USD with either option. Remitly also sets its own exchange rate which is less than the mid-market rate- the rate used by the banks themselves.

This small difference can really add up with ongoing transfers. However, Remitly remains a strong option to transfer money abroad with their one-time fee and especially for amounts greater than $1,000 USD.

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MoneyGram is the second-largest money transfer provider in the world. It is well known in the money transfer business, especially for its cash pick up.

However, if you are paying by credit or debit card, their fees can be pricey. MoneyGram provides online and offline money transfers and is found to be fairly quick compared to other service providers.

Your recipient can pick up cash at an agent location, or get the money deposited directly into their account. Different transaction fees depend on how much you are sending, and your payment method

It has a transfer fee that varies depending on if you are paying by credit/debit card or online bank account, and if it is a direct to a bank account or cash pick up.