Looking for the best money transfer apps with the lowest international fees? Whether you’re sending money to family abroad, paying overseas suppliers, or managing global business expenses, choosing the right app can save you hundreds in hidden charges and poor exchange rates. In this guide, we’ll break down the top 10 money transfer apps with low international fees, transparent pricing, and competitive exchange rates. Each option below is reliable, widely used, and designed to keep more money in your pocket.
1. Wise
Wise consistently ranks among the cheapest international money transfer apps thanks to its mid-market exchange rate and fully transparent fee structure. Instead of marking up currency rates, Wise charges a small upfront percentage fee, often starting below 1%. It supports transfers to 170+ countries and offers multi-currency accounts, making it ideal for freelancers and remote workers. You’ll see the exact fee before confirming your transfer, which eliminates surprises. For anyone prioritizing low international transfer fees and real exchange rates, Wise is hard to beat.
2. Remitly
Remitly is a popular option for sending money to family overseas, especially in Asia, Latin America, and Africa. It offers two delivery speeds: Express (faster, slightly higher cost) and Economy (lower fee). Promotional exchange rates are often available for first-time users, making it one of the cheapest money transfer apps for initial transfers. Fees vary by corridor but are generally competitive. Remitly also provides cash pickup options, which are useful if your recipient doesn’t have a bank account. It’s designed for simplicity and affordability.
3. WorldRemit
WorldRemit keeps international transfer fees relatively low while offering flexible delivery methods, including bank deposits, mobile wallets, and cash pickups. It’s especially strong in African and Asian markets. Fees are usually flat and clearly displayed before payment, though exchange rate margins can vary slightly by destination. The app is straightforward and quick to use, even for beginners. If you frequently send small-to-medium amounts internationally and want predictable pricing, WorldRemit is a solid low-fee option.
4. OFX
OFX stands out for larger international transfers. Unlike many competitors, it often charges no fixed transfer fee, instead earning through a small exchange rate margin. This structure can make it cheaper for high-value transfers. It supports dozens of currencies and offers rate alerts, which help you send money when exchange rates are favorable. While it may not always be the cheapest for small transfers, OFX is a cost-effective solution for business owners and individuals sending substantial amounts abroad.
5. XE
Known originally for currency tracking, XE now offers competitive international money transfers. The app provides real-time exchange rate visibility and low transfer fees, particularly for bank-to-bank transactions. While exchange rates include a margin, costs remain competitive compared to traditional banks. XE supports a wide range of currencies and is ideal for users who actively monitor currency movements before sending money. If transparency and exchange rate tracking matter to you, XE is a practical and affordable choice.
6. PayPal (via Xoom)
Xoom, a PayPal service, specializes in fast international transfers. While standard PayPal international transfers can be expensive, Xoom often offers better rates and transparent pricing. Fees vary by destination and payment method, but speed is a key advantage; some transfers arrive within minutes. It also supports cash pickups and mobile wallet deposits. For users who value reliability and quick delivery over ultra-low fees, Xoom offers a strong balance of cost and convenience.
7. Revolut
Revolut combines banking and low-cost international transfers in one app. On standard plans, users can exchange currencies at near-interbank rates up to a monthly limit, with small fees beyond that. Premium plans remove many limits and reduce costs further. It’s ideal for travelers, digital nomads, and frequent cross-border spenders. While weekend exchange markups may apply, weekday transfers are often extremely competitive. If you already use Revolut as your primary financial app, its international transfer fees are among the lowest available.
8. Western Union
Western Union has modernized its services with a competitive mobile app. While traditionally known for higher fees, online transfers can be surprisingly affordable, especially for bank deposits. Promotional pricing and fee-free first transfers are common. However, exchange rate margins may be higher than fintech competitors. Its biggest advantage is its massive global network, offering cash pickup in over 200 countries. If accessibility and reliability matter most, Western Union remains a trusted choice.
9. MoneyGram
MoneyGram offers competitive pricing on online transfers, especially for bank deposits and debit-funded payments. Fees can be low depending on the transfer route, though exchange rate margins should always be reviewed. Like Western Union, MoneyGram excels in global reach, making it convenient for recipients who prefer cash pickup. The mobile app is user-friendly and provides upfront pricing before confirmation. For senders prioritizing convenience with reasonable fees, MoneyGram remains a dependable option.
10. Skrill
Skrill is a digital wallet that supports international transfers at competitive rates, particularly between Skrill accounts. While currency conversion fees apply, internal transfers are often free or low cost. It’s commonly used for online payments, gaming, and cross-border digital transactions. Bank withdrawals may include additional charges, so reviewing the fee breakdown is important. For users already operating within the Skrill ecosystem, it can be one of the cheaper ways to move money internationally.
Which Money Transfer App Is Cheapest?
The cheapest international money transfer app depends on:
- Destination country
- Transfer amount
- Payment method
- Exchange rate margins
For most users, Wise and Revolut offer the lowest overall fees with excellent transparency. For cash pickup, Remitly, Western Union, and MoneyGram may be better suited. Before sending money internationally, always compare the total cost (transfer fee + exchange rate margin), not just the advertised fee.