Moneycorp vs Ria Comparison

Moneycorp, established in 1979, has built a reputation for its comprehensive financial services, including currency exchange and international transfers, catering primarily to businesses and individuals looking for sophisticated financial tools and personalized service.

On the other hand, Ria, a subsidiary of Euronet Worldwide Inc., has been facilitating money transfers since 1987. Known for its extensive global reach with 447,000 agent locations worldwide, Ria specializes in remittances and smaller transfers, offering a convenient and accessible option for those looking to send money abroad.

Both companies have garnered good customer reviews, highlighting their reliability and effectiveness in the international money transfer market.

Customers

Company NameMoneycorpRia
Logo
ria new logo
Moneycorp ReviewRia Review
Customer Rating4.4/54.4/5
# Rating Customers6,338 votes17,212 votes
Top 3 Pros
  • Operating since 1979
  • More than Β£73bn Traded in 2022
  • Very Transparent
  • One of the largest providers
  • Very wide global reach
  • Fair rates for remittances
Top 3 Cons
  • Negative Reviews for Mobile App
  • “Oldschool” Feel
  • Limited to bank transfers
  • Low payment limits
  • For large transfers, the rates are not great
  • No dedicated dealers or hedging tools

Availability

Company NameMoneycorpRia
Logo
ria new logo
Office LocationsUK, USA, France, Spain, Ireland, Hong Kong, Australia, Brazil, Gibraltar, UAE, RomaniaUSA but 447,000+ transfer agents around the world
# Currencies120+100+

Security

Company NameMoneycorpRia
Logo
ria new logo
Regulated byFCA, FinTRAC, ASICFinCEN, FCA, FINTRAC, ASIC
HTTPS SecuredYesYes
Segregated Customer AccountsYesNo
2FAYesNo

Limits and Fees

Company NameMoneycorpRia
Logo
ria new logo
Min TransferΒ£50No minimum
Max TransferNo upper limit$2,999 per transfer in US and Canada
Fixed FeesNo$3 for transfers below $100, $5 for transfers above $100
See rates before you log in?YesYes

Customer Support

Company NameMoneycorpRia
Logo
ria new logo
Dedicated DealerYesNo
EmailYesYes
PhoneYesYes
Live ChatYesNo
24/7NoNo

Ways to Transfer

Company NameMoneycorpRia
Logo
ria new logo
Online SystemYesYes
Online AppYesYes
Multi-Currency AccountYesNo
Cash PickupYesYes
Card Top-UpNoNo

Additional Functions

Company NameMoneycorpRia
Logo
ria new logo
HedgingYesNo
Mass PaymentsYesNo
Cash ChequesNoNo
Multi-Currency Debit CardYesNo

Conclusion

On MoneyTransferComparison, Moneycorp has received a higher editorial score. The advantages of Moneycorp over Ria are these:

  • A broader range of currencies.
  • Availability of dedicated dealers for personalized service.
  • The provision of advanced financial tools such as hedging and mass payments.

Moneycorp is better for larger international transfers, businesses needing sophisticated financial tools, and individuals seeking personalized service through dedicated dealers.

Ria is better for remittances, smaller transfers, and those needing a wide global reach with cash pickup options.