6 tips for choosing a better international money transfer provider

By Krutika Kale · · 1 min read
Fact Checked

Whether you’re sending money overseas for the first time or are on the lookout for a different provider, always be sure to research what’s on offer.

The top international money transfer providers can help you send money overseas quickly, at a good exchange rate and with minimal fees. These things matter as they can save you time and money!

Here are a few simple tips you can consider when choosing your International Money Transfer provider:

  • Shop around on price: It’s always a good idea to have more than one option. This gives you a chance to compare exchange rates and select the one that’s best for you.
  • Think about your needs: Your specific transfer needs might differ from the next person. Take time to compare different options according to your own needs.
  • Consider how you’ll pay any fees: For example, you might need to pay a higher fee or interest charges or even bad exchange rates if you pay via credit cards.
  • Easy transfer options: Make sure the provider you’re considering has a transfer option that’s easy to access. For example, an online transfer from your phone can be done within a few minutes.
  • Check the transfer time: You don’t want to worry about moving money during an emergency.
  • Track your transfers: It’s always reassuring to have a service that provides up to date information.

If you’re ready to start comparing international money transfer providers, our Mozo experts have handpicked some of the best on the market.