Remittances and Regular FX Transfers for Expats

If you live abroad and need to remit money back home – whether you’re a retired expat, an immigrant worker abroad, or someone who resides in his own country and is being paid from abroad, we are here to help you fulfil your needs and gain access to viable remittance information. Our page will explain how to remit money internationally for cheap, with ease, though remittance companies and services. Our aim is to help to compare the different options available for you on the market.

Our international remittance service selection is tailored for the following purposes:

Migrant Remittances: 

You’re working abroad as an immigrant and remitting money (your income) home to family, friends, or your own domestic bank account. You’re looking for cost-effective solutions with great global reach, enabling you to either wire your money remittances to a bank account, or enable its recipient to receive it in cash. This transaction could be a one-off, or on a regular basis.

Regular Transfers: 

You’re residing abroad and want to conduct  overseas remittances on a regular basis; you are either remitting your salary to your home back account, remitting money from your home bank account to your current bank account, or paying for something in installments (most commonly, mortgage payments and pensions).

Transferring Payments:

Even if you have not moved abroad as an expat or immigrant you may still have a bank account abroad for a variety of reasons. If you are accepting money into that overseas bank account, you would eventually want to receive that money from abroad so you can make use of it.

Discovering the best remittances company could be a struggle in this cumbersome area but we are here to help our reader get to the nitty-gritty.


Case Study for Cheap and Helpful Remittance Services:

Meet the NZ Expat Remitting Money from Australia to New Zealand and Fiji


Prashant Lal, New Zealand expat


Sends money back to New Zealand and Fiji to support his family and in-laws as well as pay off the mortgages on two properties


Every month since September 2014


Remitting money home using the services of OFX

PlalPrashant Lal, an employee of OFX, moved to Australia for work in September 2014, bringing with him his partner – 28 years old, Manisha.

Originally from Fiji, Prashant moved to Wellington, New Zealand at age 13 where he lived for 12 years. In September 2014, Prashant was offered a position with OFX in Sydney and he and Manisha decided to make the move.

Having never been to Australia, Prashant was initially concerned about how to transfer money to begin setting up his new life here. Although he was able to set up an Australian bank account with his current bank, bank transfer fees between the two accounts remained high.

As I was about to start a job with OFX I decided to give the service a try. I looked into how much I was going to be saving compared to transferring with my bank and it was quite a substantial difference! We decided to use OFX to transfer money into our Australian account to help pay for moving costs such as our flat bond, new furniture and groceries until we received our first pay packets.”

Supporting Family Back Home

Impressed with the savings he was enjoying, Prashant began making regular transfers back to New Zealand to help support both his parents, still living in Wellington.

Having lived with and near my immediate family my whole life, it was a big step to move away from them to Sydney, so I decided to send money back regularly in order to continue supporting them. My wife and I also send a monthly amount back to her parents, sister, and nephew, which goes towards paying for utilities.”

We also own two properties in Wellington, which we are renting out. We use OFX to top up the respective mortgages and hope to have fully paid them off by 2025.”

A Proudly Recommended Service

When I set everything up I obviously compared the savings between my bank and OFX and still sporadically continue to do so, but OFX always comes out best. I have so far transferred about [$28,600] since September 2014 and I’ve made an estimated savings of [$1,000]. I proudly recommend the OFX service to any friends and family who are either travelling or relocating overseas, and continue to be impressed by the savings I make.”

> Read more about how you can remit money online for cheap with on our review here: OFX (Formerly OzForex) review, rated as one of the best online money transfer platforms by us.




More Top Remittances Service Provider Selections

Compare remittance transfer providers and rates – bank-to-bank transfers alongside cash pickups. Learn which are the best international remittances services – most suited for your specific requirements and needs. Remit money home for cheap – possibly 50% less than what you would have paid with traditional foreign exchange offices (such as WU or Moneygram) or a bank.

  • From: UK, USA, AUS, SA, EU.
  • To: Mexico, Thailand, Philippines and all Eastern, Middle East, and Central Europe.
  • Min Transfer:: £/€ 100
  • Automated Regular Payments Enabled
  • Sign Up to Receive Rates.
  • Online or by Phone
  • Bank to Bank Only
  • Top Quality:
    Best Service

  • From: UK, USA, Europe.
  • To: India, Middle East, Parts of South America, and Eastern Europe.
  • Min Transfer:: £/€ 50
  • Automated Regular Payments Enabled
  • Sign Up to Receive Rates.
  • Online or by Phone
  • Bank to Bank Only
  • Top Quality:
    Most Reliable

  • From: UK, USA, Australia and Europe.
  • To: India, Pakistan, and Eastern Europe.
  • Min Transfer:: £/€ 1
  • No Automated Transfers
  • Clear Pricing Before Sign-Up.
  • Online Platform Only
  • Bank to Bank Only
  • Top Quality:
    Cheap & Transparent

  • From: UK, Europe.
  • To: Globally - Dealing with 198 Currencies.
  • Min Transfer:: £/€ 1
  • No Automated Transfers
  • Clear Pricing Before Sign-Up.
  • Online Platform Only
  • Cash Pickup*
  • Top Quality:
    Widest Reach, Cash Pickup

* Azimo cash pickup option is available at the majority of destinations, but not all of them.

Even More Cheap Remittance Money Transfer Companies

Read reviews of additional remittances providers below:



– Read Review

79.0%Small Remittances Transfers, USA OrientedTravelex is one of the best known remitance transfer providers for remittances and particularly in the USA, offering better-than-competitors rates on most currency routes.Visit Website
#Xoom Money Transfer
– Read Review
77.8%Remittances and Small Transfers, Cash to Cash Transfers, USA and Canada OnlyXoom is a known online remittances service which supplies reasonable rates for small scale remittances outside the USA and Canada. Its rates are worse than of a specialised provider that focuses on higher-value audience.Visit Link N/A

Ria Money Transfer

– Read Review

77.2%Remittances and Small Transfers, Cash to Cash Transfers, USA OrientedRia money transfer is a solid remittance company for those who want to send small amounts of money online from the USA to a developing country, or a remote place in the world. It is a far cheaper option than using options like Western Union.Visit Link N/A

World Remit

– Read Review

77.0%Remittances and Small Transfers, Cash to Cash Transfers, Widely GlobalWorld Remit is a great initiative that has helped immigrants to remit money across borders for cheaper than before, with great global reach than before. World Remit enables users to transfer money to most of Africa and regions in Asia that no other provider has access to, and enable to receive it on cash and mobile. On the other hand, we have been receiving a lot of complaints relating to the quality of support and service on our website.Visit Link N/A
#Orbit Remit
– Read Review
75.0%Remittances from £50 and upOne of the most promising remittances services offering solid fees and exchange rates, comfortable-to-use website and app, and high level of satisfaction by clients.Visit Link N/A
#Transfast– Read Review71.0%Remittances (USA based and oriented)Transfast is yet another remittance company focused on enabling immigrants to transfer money abroad online for a fraction of the costs of Moneygram and the likes. It serves its purpose well, but the spreads that its demonstrating are not always very competitive against similar providers like Azimo or World Remit.Visit Link N/A


– Read Review

72.0%Small Remittances TransfersTransferGo has 8,000 reviews online with very high percentage of satisfaction. The fees are low, and the markup is only up to 2.2% per transfer. With a solid website and a helpful app, TransferGo can grow to become a serious contender in the remittances space.

Visit Link N/A


Read reviews of companies offering regular FX transfers for expats below:

Global Reach Group

– Read Review

90.6%Medium to Large Transfers (Private and Corporate Clients)Professional and Friendly. Highest Average Transaction Volume by Private Clients. Merger of two leading money transfer firms: FC Exchange and Global Reach Partners, covering the fully array of both corporate and private.

Visit Website


– Read Review

86.8%Remittances and low-value TransfersFixed, low, rates. Easy sign up process. Good reach. High credibility. No dedicated dealers, regular payments, or derivatives.

Visit Website (Foreign Currency Direct)

– Read Review

71.0%Medium to Large Transfers, Individuals and SMEsAnother London-based firm focused on medium and large transfers. Great feedback from clients and strong offering on hedging. Large £15 fee per transfer.

Visit Link N/A


Foremost Currency Group

– Read Review

N/AInternational money transfers, focusing particularly on high end transactions.A relatively small, UK oriented, FX provider. Great reviews by clients, but very limited reach and selection of currencies..

Visit Link N/A



What makes them a top remittances provider?

✓ Remit online for cheap, without having to go to your bank or foreign exchange office.

✓ Understand exactly how much are you going to get.

✓ Automated regular transfers can be set up with some companies.

✓ Wide global reach that enables sending money to even very remote locations in Africa, South America, and Asia.

✓ Regulated by the Financial Conduct Authority as an Approved Payment Provider, so you know that your money is safe.

✓ No upfront charge fees. You only pay in relation to the amount transferred.

✓ Satisfaction from fellow immigrants who used the service and high media attention and encouragement from established institutions, such as the World Bank.

✓ Options like a Limit Order or a Forward Contract.

Why are bureaux de change and banks a worse option than the best remittance services?

 To trade with a bank you need to go through a lengthy account setup process.

 There is no personalised assistance in banks or in exchange offices.

 You don’t get a clear indication of the money you will receive in return for the exchange.

There are high transfer fees of up to £30 per transfer.

✗ These often have terrible reviews by clients online (true for most UK banks, Western Union, and Moneygram).

Read our FAQ page which addresses all concerns with international money transfers.


Compare to Find the Cheapest Remittances

Are the companies featured in this section really cheaper than traditional settlements like Moneygram and Western Union agents? The World Bank has a programme named “Remittances Prices” that has set itself a goal to reduce the remittances fees to developing countries that rely on that inflow of cash from its residents abroad (more on the remittances market here).

Below you can find statistics based on the World Bank Remittances Prices for 2017:

Example 1: Remit money online from the UK to Romania

TransferwiseTotal Cost 1.19% of total

AzimoTotal Cost 2.6% of total

Western Union (online): Total Cost 4.84% of total

Transfer- Fast (Transfast) Total Cost 4.86% of total

Skrill (eWallet): Total Cost 5.67% of total

Western Union (Branch): Total Cost 12.58% of total

Xoom Money Transfer: Our research dictates between 1.5% and 5% in total of the total cost

Orbit Remitour research dictates between 2% and 3%.

TransferGo: our research dictates between 2% and 3%.

On a 500 pound transfer you can save 56 pounds per transfer (data from World Bank)

(equals  based on Today’s Exchange Rates)


Example 2: Remit money online from the UK to Brazil

AzimoTotal Cost 2.4% of total

Small World FS: Total Cost 4.17% of total

MoneyGram (online): Total Cost 4.85% of total

MoneyGram (branch): Total Cost 7.59% of total

Western Union (online): Total Cost 8.22% of total

On a 500 pound transfer you can save 29 Pounds per transfer (data from World Bank)

(equals 2,708.4594 BRL based on Today’s Exchange Rates)



Example 3: Remit money online from the UK to Poland

TransferwiseTotal Cost 0.78% of total

Western Union: Total Cost 5.69% of total

MoneyGram: Total Cost 5.77% of total

Sami Swoi: Total Cost 7.99% of total

On a 500 pound transfer you can save 35 Pounds per transfer (data from World Bank)

(equals 2,488.2372 PLN based on Today’s Exchange Rates)


Example 4: Remit money online from UK to Thailand

TransferwiseTotal Cost 0.8% of total

Skrill (eWallet): Total Cost 5.5% of total

Western Union (Branch): Total Cost 11% of total

On a 500 pound transfer you can save 22 Pounds per transfer (data from World Bank)

(equals  based on Today’s Exchange Rates)

When remitting money from the USA to India, Thailand, the Philippines or other developing countries in Asia or Africa, companies like Ria Money Transfer or Transfast cost around 3% of the total costs, which isn’t bad but still much more expensive than the companies featured on this table that can accept U.S clients that send money home.

Newcomer: The Lebara money transfer service is breaking the market by offering very low margins and small fees on transfers from the UK to 13 different locations. It is even cheaper than Transferwise on the GBPEUR route.


Regular Transfers for Expats

Looking for regularly timed transfers, for things like pensions, mortgages or salary transfers?

We focus on regular transfers to popular expat destinations like France, Spain, Cyprus, and, of course, the USA, Australia, New Zealand, and Canada.

Best Remittances Companies for Regular Transfers

  • Min Transfer (Regular Transfers): £100
  • Send to: The EU, USA, Australia, Switzerland, Ireland, Poland, Singapore & More
  • HQ: Moorgate, London
  • Automated Regular Transfer Functionality
  • Pay with Bank Transfer or Debit
  • Verdict:
    Most User Friendly

  • Min Transfer (Regular Transfers): £8
  • Send to: USA, Europe, Australia
  • HQ: City Road, London
  • Click on "Repeat" On Account Page to Repeat Transfer
  • Pay with Bank Transfer or Debit / Credit
  • Verdict:
    Expat and Immigration Oriented

  • Min Transfer (Regular Transfers): £1,000
  • Send to: The EU, USA, Australia, South Africa, New Zealand, China, Japan & More
  • HQ: Millbank, London
  • Automated Regular Transfer Functionality
  • Pay with Bank Transfer or Debit
  • Verdict:
    Most Recognizable

What makes these companies a great choice for regularly remitting money internationally?

✓ Easy sign-up is available on the website.

✓ You can choose whether to use an online platform or telephone.

✓ Automated regular transfers can be set up.

✓ Personal currency assistants for each client.

✓ Wide global reach, allows for accepting clients from most countries, and dealing with most currencies.

✓ Regulated by the Financial Conduct Authority as an Approved Payment Provider.

✓ Charge no transfer fees.

✓ Will beat a bank’s Buy / Sell rates any day of the week.

✓ Expertise in immigration and the transfer of pensions, mortgages, and salaries is avaliable.

✓ Great client reviews can be found across the web.


What makes banks a worse choice?

Not easy to sign up. You can only figure out the rates once you’re a client.

No personalised assistance is avaliable. Private clients don’t have direct access to currency dealers.

Non-transparent fees, consist of fixed transfer fees, commissions, and exchange rate markups.

✗ High transfer fees of up to £30 per transfer are charged.

✗ Worse exchange rates than commercial firms.

✗ Often, terrible reviews by clients online.

Word of Advice

 Beware of Honeymoon Rates: Some remittance transfer companies will offer you tight margins for your first transfer, but as you use them more frequently, these margins will increase. Make sure to convey to any company you’re dealing with that you will expect the same margin for future transfers, and take a minute to compare between each transfer’s exchange rate and the real current currency exchange rate.

MoneyTransferComparion’s Life Abroad Magazine


The Process: Learn the basics of commercial money transfers.

FX Companies VS Banks: Lean how commercial firms differ from banks.

Repatriation of Funds: Learn how to receive your funds into your new bank account.



The World’s Remittance Market: View our comprehensive report and infographic dealing with the role of global remittances for developing countries, newly updated with information about mobile payments in Africa.

The World’s Inequality: An Indian CEO is likely to make a salary as large as 420 of his employees added together. Learn about the underlying reasons for the world’s economic inequality and how it connects with the topic of remittances.

 Moving Abroad

The World’s Best Expat Blogs: View our selection of the most recommended expat blogs.

Tips for Relocating Abroad: Find out what things to do before moving abroad.

Property Overseas Tips: Get better deals on property you purchase.

World’s Happiest Nations List: Considering a relocation? Check out the world’s happiest nations.

Studying Abroad: Learn the best countries and universities to study abroad in.

The Psychology of Moving AbroadLearn to avoid psychological risk associated with relocation.

How to Fill in Your US Visa Application: Learn to avoid mistakes related to filling out a standard i-30 or i-40 application to the USA.


Discover Even More!

Our comprehensive 100+ page guide will help you unveil everything you want to know about money transfers. Our magazine will provide free content tailored for you about immigration, expatriation and remittances. Use the links below to reach them!

Last Words on Remitting Money Home

In a world that gets more global every day, opportunities are increasing and cultural boundaries are becoming meaningless. Indeed, as “the global citizen” concept takes more and more importance, millions of people relocate to remote places to work, live, discover, and pursue their dreams. As this movement entails opportunities, it usually yields financial gains and drives up international remittances.

While some people remit money home to help their families, others do so in order to invest their savings. However, regardless of the purpose, most expatriates rely on a bank or an remittance service provider. In fact more and more expatriates are opting for such money remittance companies as they provide much more value than banks and show a great level of care and sympathy for their clients (whereas banks almost never do). They enable cost savings, risk limitation and quicker execution. However as hundreds of these companies have been created, it has become critical to identify the ones that maximise value, or in other words which are the top remittance companies in on the market.

Through our assessment, we could indeed detect some differences and we have carefully filtered and selected the remittances providers that will satisfy any expatriate. As a result, Transferwise, MoneyCorp, Currencies Direct, and World First are all top remittances services players that will enable expatriates to make regular bank-to-bank remittances and hedge future exposure while providing them with state-of-the-art guidance and customer support. We believe they are the best option to remit money from UK, remit money from USA (except Worldfirst that exited this market in early 2019), and remit money from the EU – France, Spain, Germany or Italy are all available with these providers.

Azimo and World Remit, in our opinion, are the best ways to remit money to your family back home, and then pick it up as cash in places like India, Pakistan, Mexico, or Bangladesh. There is no other way to turn your pounds, euros or dollars into rupee, peso, taka, hryvnia, leu, zloty, lira or others. If you have already been using an international remittance company, then the reviews above will definitely provide you with insight and perspective. If you have never done it before, then your journey might begin right here!

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Mal N



I use moneycorp because I prefer the big household names. They’re alright, very responsive.


Where is World’s First? Best site.

Jeremy - ie

I transfer Euros to pound on a regular basis, currently residing in the great city of Barcelona.

I am paying 20 Euro per transfer, and about 3% in exhange rates. That means I get 950 Euro (value) for every 1000 Euro I transfer.

With either one of your featured companies, should I pay less? What is an FX company standard margin?

Kirk M.

Tried a few companies but I can surely say that, for smaller amounts (<1000 euros), Transferwise is the best option. This is how I get paid for my regular gigs. But for bigger paychecks, I highly recommend WorldFirst because I get a bigger saving overall.

Hope this can help other people.


Azimo is a great company and solution for money transfers here in India. Most of the people are using it and don’t really go to the banks for this type of services. You can send money with Azimo and have it picked up by the recipient in only 2 hours.

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