Ria vs Wise Comparison

Wise, established in 2011 and headquartered in London, revolutionized the sector with its transparent fees, mid-market exchange rates, and a versatile online multi-currency account. It caters to a modern, digitally-savvy clientele, emphasizing ease of use and cost efficiency.

On the other hand, Ria, founded in 1987 and a subsidiary of Euronet Worldwide, Inc., offers a broad network of over 447,000 locations across 160 countries. It specializes in providing accessible, reliable money transfer services, including cash pickup options, catering to those who might not have access to traditional banking services.

Both companies have carved out significant niches, serving millions worldwide with their unique approaches to overcoming the challenges of international money transfers.

Customers

Company NameRiaWise
Logo
ria new logo
wise new logo
Ria ReviewWise Review
Customer rating4.2/5 (TrustPilot)4.6/5 (TrustPilot)
# Rating Customers4,759 votes195,000+ reviews
Top 3 Pros
  • Wide global reach
  • Professional support
  • Fair rates for remittances
  • Transparent fees
  • Mid-market exchange rates
  • Multi-currency account
Top 3 Cons
  • Low payment limits
  • Not great for large transfers
  • No dedicated dealers
  • Not optimal for very large transfers
  • No dedicated currency dealer
  • Some negative customer reviews

Availability

Company NameRiaWise
Logo
ria new logo
wise new logo
Office locations447,000+ locations worldwideOffices in UK, EU, USA, Australia, and more
# Currencies100+50+

Security

Company NameRiaWise
Logo
ria new logo
wise new logo
Regulated byFinCEN, FCA, FINTRAC, ASICFCA, FinCEN, and other global regulators
HTTPS SecuredYesYes
Segregated Customer AccountsYesYes
2FANoYes

Limits and Fees

Company NameRiaWise
Logo
ria new logo
wise new logo
Min transferNo minimumΒ£1 / $1 equivalent
Max transfer$2,999 per transfer for US and CanadaVaries by currency
Fixed fees$3-$5 for amounts below/above $100Variable, percentage-based
See rates before you log in?YesYes

Customer Support

Company NameRiaWise
Logo
ria new logo
wise new logo
Dedicated DealerNoNo
EmailYesYes
PhoneYesYes
Live ChatNoYes
24/7NoNo

Ways to Transfer

Company NameRiaWise
Logo
ria new logo
wise new logo
Online SystemYesYes
Online AppYesYes
Multi-Currency AccountNoYes
Cash PickupYesNo
Card Top-UpNoYes (via debit card)

Additional Functions

Company NameRiaWise
Logo
ria new logo
wise new logo
HedgingNoNo
Mass paymentsNoYes
Cash chequesYes (in some locations)No
Multi-Currency Debit CardNoYes

Conclusion

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

  • Transparent fees with mid-market exchange rates.
  • A powerful online multi-currency account and debit card.
  • A broader range of services tailored for both individuals and businesses.

Wise is better for individuals and businesses looking for transparent pricing, those who need to manage money in multiple currencies, and anyone seeking a modern, app-based approach to international money transfers. Its multi-currency account and debit card make it particularly suited for travelers, expatriates, and digital nomads.

Ria is better for those who need cash pickup options and are sending money to countries where banking infrastructure may not be as robust. It’s also a strong choice for users who prioritize a wide global reach and the convenience of physical locations for sending or receiving money.