Money transfer services to send money to family or friends abroad

To send money to friends or family abroad, you can use your usual bank, the post office or specialised money transfer services such as Western Union or Paytop. Before christmas, our comparison will help you to find the safest, cheapest, easiest and fastest way to send money abroad.

Lost or robbed credit card, one of your children has some troubles abroad. You can help him by sending him cash with several networks. Depending of which one you choose, speed, easiness or prices will vary a lot (sometimes you can pay six times more).

Note: this guide is specific if you send money from France, but globally it is the same in most of occidental countries.

Bank to bank: 3 to 5 days

The safest way to transfer money abroad is to use your bank to send from an account to another one. But as you can imagine, it is possible only if the person has a bank account in the country, which is not the case for a tourist or a short-term traveler.

You can ask to your agency the prices and delays. The cost will vary according to your relationship with your banker and your needs. Expect 3 to 5 days.

Post office: 2 to 5 days

From a post office, you can send an international cash mandate, until 3’500€ to 52 countries. The fees will depend on the distance and the amount sent.

You do everything, 4 to 5 days later for Europe, the recipient receive money in a local post office. It’s 8 to 10 days in Africa, for example.

More expensive but faster, express international mandate makes you able to send in 2 to 5 days to around 30 countries.

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Moneygram, Paytop, Western Union: dans l’heure

You also can ask to a service specialised in instant money transfers such as MoneyGram, Paytop, Western Union. MG & WU help you to send cash to 200 countries in minutes. You can do it in a withdraw office, or online with credit cards. The cost will be higher from a local office.

Paytop organize money transfer in 26 countries, mostly on the African continent. You will have to do it online.

Moneytis

As you read, it’s very complicated: a lot of money transfer services exist worldwide, and they don’t cover every currency routes.

Using Moneytis will give you access to all the information in 2 seconds and help you to find the best solution according to your needs.

The importance of money transfer services reviews

Money transfer services are numerous on the market and it can be difficult to know which one to use for a specific transfer. Here is a quick overview of money transfer services reviews with the pros and cons and the most famous services.

Money transfer services reviews

We often hear about the importance of choosing money transfer services by comparing the prices their offer. But one thing is very important too: is this operator easy to use? and does it provide a good service? There is no such thing than the customers’ reviews of a company because customers know everything. A good source to trust is Trustpilot. If you have some doubts about a company you can go on Trustpilot to see all the reviews on this company.

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Money transfer services: pros and cons

Here are reviews of the most well-known money transfer services: Western Union, MoneyGram, Ria money transfer and Transferwise.

Western Union is the biggest money transfer service existing on the market. It has more than 50% of the market. Western union is present almost everywhere and it allows to do cash-to-cash transfer because there are agencies in almost every countries. The con is the fees are not so cheap. They began to develop online solutions which are cheaper.

MoneyGram is the second biggest operator. It’s kind of the ame of Western Union: agencies everywhere to do cash-to-cash transfer. Allow to do online transfer but only from the United States.

Ria money transfer is the third biggest operator on the market. It provides good rates for some countries and try to develop online solutions too.

Transferwise is a new money transfer service. They develop the peer-to-peer technology which is revolutionary in the money transfer world. Even if it represents a small part of the market the company began to be famous and it offers good rates.