Top 15 Sites like RIA Money Transfer

The best Alternative Companies to RIA for Sending a Money Transfer

Running a business for over 30 years, RIA is a global money transfer network with increased than 240,000 agent locations in 130 countries. It is the third-largest international money transfer provider in the world.

Pros

  • Wide variety of transfer options
  • Good rates and minimal fees
  • Online price calculator simplifies money conversion
  • Qualified advice

Cons

  • Maximum daily transfer cap of $2,999.99

RIA could have a lot of locations and a convenient cash pickup option, but it’s not the least expensive option out there. Learn tips on how to save on fees and exchange rates once you compare services.

ALTERNATIVE SITES LIKE RIA

  • OFX
  • World First
  • HIFX
  • Transferwise
  • World Remit
  • Travelex
  • MoneyGram
  • Walmart
  • Sharemoney
  • Western Union
  • TorFX
  • Currencies Direct
  • Xoom
  • Currency Online
  • Paypal
  1. OFX

OFX offers transfers and exchanges into 55 different currencies. If you’re a bigger business looking to fund exports or just need to transfer a bigger sum to an account overseas, this service might be ideal.

Pros

  • 24-hour customer care
  • Obtainable in 195 countries and 55 currencies
  • Offers scheduled and recurring transfers
  • iOS and Android apps available for mobile transfer and tracking

Cons

  • No cash payment or pickup. OFX only delivers funds through bank deposit.
  1. World First

World First is an on the web money transfer company founded in the UK in 2004. Since then, it’s transferred significantly more than $56 billion worldwide, servicing over 75,000 customers regularly. Its variety of services keeps people returning transfer after transfer.

Pros

  • Competitive exchange rates
  • Offers spot contracts, forward contracts and hedging options
  • Provides weekly updates on market exchange rates
  • Rate lock available for continuing transactions
  • High maximum transfer
  • No fees for transfers of $10,000 or maybe more
  • Customer service available

Cons

  • Minimum amount of $500
  1. HIFX

HiFX is a service designed to help you transfer your funds to a bank in a foreign currency. If you’re working far from your home, HiFX is great for getting cash to your loved ones or making investments overseas.

Pros

  • One of the very trusted money transfer names in the UK
  • Competitive exchange rates help you save money in the long run
  • Quick turnaround means transfer is complete in 1 to 4 days

Cons

  • Rate comparison tool not available until after you’ve registered with your website
  1. Transferwise

TransferWise is really a money transfer site designed to assist you conserve money on exchanges through a peer-to-peer system. Its unique system enables you to exchange your funds with those of another seeking to convert their money to your currency. It’s basically trading money with another person, but it doesn’t cross borders.

Pros

  • Maximum 1% fee
  • $3 minimum fee
  • Minimum transfer of $1
  • Maximum transfer of $36,000,000
  • Apps for both iOS and Android
  • Uses mid-market exchange rate without any hidden fees

Cons

  • Transfers to bank accounts. No cash pickup option.
  1. WorldRemit

WorldRemit provides a variety of transfer options in significantly more than 120 countries worldwide, including online, bank-to-bank and cash transfers. Fees vary by country you’re sending funds to and the global exchange rate during the time of one’s transfer. WorldRemit is fantastic for small businesses, offering transfers from $1 to $2,000.

Pros

  • Flexible payment options
  • Easy three-step transfer process
  • Transfers to mobile wallet accounts
  • Cash pickup available
  • Mobile airtime account transfers

Cons

  • The higher your transfer, the higher the transfer fees
  1. Travelex

Since 1976, Travelex can be a worldwide money handover service in more than 177 countries. Through its simple online process, you are able to transfer money to someone on another side of the world within a couple of days. Its minimum transfer amount for overseas is $500, and it keeps you current on exchange rates, to help you know exactly how much money your recipients will receive in their accounts.

Pros

  • Flat fee of $5 for just about any transaction under $5,000
  • No fee for transfers of $5,000 or maybe more
  • Exchange to significantly more than 45 different currencies
  • Home delivery available

Cons

  • Exchange rates not always the most competitive
  • No cash payments or cash pickups allowed
  1. Moneygram

The second-largest international money transfer service in the world, MoneyGram is really a big contender for money transfer. Moneygram services handover and exchange currencies in up to 200 major countries and lands around the world to meaningfully more than 350,000 agent locations global. If you’re not confident about transferring money online, an employee can walk you through the method at of the 40,000 locations in the States.

Pros

  • Extensive global network of 350,000 agent locations
  • Large pool of services readily available for sending, receiving or financing
  • Secure and reliable
  • Fast transfers, with same-day service in many locations

Cons

  • Maximum online transfer amount of $2,999
  • Fees vary according to payment type and transfer destination
  • Transfers should be produced in US dollars from the US (no exchanges before transfer)
  • Local exchange rates vary by transfer destination
  1. Walmart

Known for its retailing business, Walmart offers money transfer services to over 190 countries thanks to a partnership with MoneyGram.

Pros
  • Widespread network of agents gets your cash where it needs to go
  • Transfer to significantly more than 190 countries
  • Efficient transfers in as little as 10 minutes

Cons

  • Cash pickups only
  1. Sharemoney

It is the part of the Omnex group that’s specialized in money transfers for more than 25 years. Its constantly expanding service range and offer door-to-door and cash pickup options on the top of usual transfer techniques.

Pros

  • Low transfer fees
  • Exchange rate calculator can help you see just how much money you’ll receive for the dollar
  • Fast and easy service
  • Door-to-door delivery in as short as 48 hours
  • Discounts available on Facebook

Cons

  • Doesn’t transfer to every country
  • Exact location must certanly be specified for money pickup
  • Daily transfer limits of $9,999
  1. Western Union

Western Union has a great deal of locations and a convenient cash pickup option, but it’s not the lowest priced option out there. Learn ways to save on fees and exchange rates when you compare services.

Pros

  • Low minimum transfer of $1
  • Send profit minutes
  • Transfer to a wide variety of countries
  • Competitive live exchange rates updated regularly
  • Multiple transfer options
  • Trusted provider

Cons

  • Can be higher priced than other transfer companies
  1. TorFX

TorFX is a strict money exchange and transfer company that focuses on getting the funds where they need to go quickly. Unlike other services, it needs that funds to be cleared by people who hold TorFX accounts. The cash must certanly be sent in advance ahead of the transaction could be performed. TorFX cares about its customers, with clarity and friendly service two of its highest priorities.

Pros

  • Competitive exchange rates
  • Free market news
  • Fixed exchange rate protection
  • Can help you save 5% on bank exchange rates
  • No bank charges or commissions
  • Consult with currency experts

Cons

  • Potential risks of exchange include market volatility
  • Can only send from Australia
  • Users report technical and administrative issues that delay transfers
  1. Currencies Direct

It is a global money transfer service focused on helping its clienteles save more when transferring money globally. With 39 currencies to pick from (and others which can be discussed with the business itself), it’s more flexible than other money transfer services. Provided that there’s a bank account available, Currencies Direct will transfer and exchange your funds at a low flat rate.

Pros

  • No fees for 90% of its transactions
  • Worldwide service
  • Competitive exchange rates
  • Low minimum transfer of $100
  • Supports large transactions at an apparently unlimited max
  • Monitors exchange rates for your ideal transfer

Cons

  • No cash pickup option
  1. Xoom

Xoom is a leading provider in the digital money transfer market, offering transfers to 38 countries around the world. Using online money transfers, it streamlines the process without taking chunks from your funds for commissions.

Pros

  • Specializes in international money transfers
  • Significantly more than 14 years of experience
  • Money-back guarantee if your transfer doesn’t work-out

Cons

  • Small international network weighed against competition
  1. Currency Online

Founded in 1986, Currency Online was certainly one of the first to offer online money transfer services. HiFX became its parent company in 2008, and it continues to provide low competitive rates by cutting the usual banking fees out from the picture.

Pros

  • Exchanges significantly more than 25 different currencies
  • Multiple services like spot contracts and market orders
  • Quick turnaround in 1 to 4 days
  • 24-hour customer support
  • No minimum transfer

Cons

  • No cash pickup
  • Not obtainable in the US, Quebec (Canada) or Japan
  • Threshold fee charged for a few amounts
  1. Paypal

You likely know PalPal’s digital service for online purchases, but may very well not know that it supports wireless overseas transfers. Its popularity all over the world afford them the ability to transfer around 20 currencies across more than 200 countries. While PayPal is much like an electronic banking service, its rates are competitive compared with many banks and financial institutions, rendering it a good choice in order to avoid headaches.

Pros

  • Minimum rate of $0.02
  • Available in 203 countries
  • Offers recurring payments
  • Excellent for smaller transfers
  • Multiple digital safeguards in position to protect against fraud and hacking

Cons

  • Fees are proportionate to the total amount transferred. The larger the transfer, the more money they take.
  • Fees vary by location of transfer and method, with better deals for utilizing a PayPal charge card or account
[Total: 0    Average: 0/5]

Sharing is caring!

Leave a Reply

Your email address will not be published. Required fields are marked *