Ria Review

Introduction

Ria Money Transfers is a cross-border payments company headquartered in Buena Park, California. The third largest international money transfers business in the world after Western Union and MoneyGram, Ria offers:

  • A local presence in over 300,000 locations spanning more than 140 countries
  • Fast, easy-to-use money sending and receiving facilities via local agents
  • No minimum limit on amounts sent
  • Transfers can be funded by cash, bank account, debit card or credit card
  • Serves numerous locations not covered by other cross-border payments providers
Fee: ?
Bank Partner: ?
Speed: ? 1-3 days
Country Notes
Local settlement: ? Global
Transfer methods ? Phone and online transfer services
Regulated By: ? Global
General Notes

The pros and cons of using Ria

pros

Track transfers capability

Transferred money delivered via cash or bank account

Website available in four different languages

Easy to find your nearest location for cash collection or delivery

No minimum transfer

Owned by Euronet Worldwide – a company with assets of over $2.5bn

Locations in more than 140 countries worldwide with some offering a courier delivery service for cash transfers

Transfers funded via bank account, credit card, debit card or cash

cons

Complicated website

Potential problems when using referral links

$2,999 maximum transaction

Ria

 

Ria Products for Individual Customers

As noted above, one of the biggest advantages of using Ria to make money transfers is the sheer size of its network, which boasts 332,000 locations worldwide distributed across more than 140 different countries, including Europe, Australia, Latin America, North America, Africa and Asia. The company also serves areas that are typically harder to reach, such as Nepal, Tajikistan, Kyrgyzstan and Haiti.

Money transfers are generally exceptionally fast. Whereas traditional banks will often take several days to process transactions, most payments made via Ria are ready for collection the same day.

While many money transfers companies will not offer a service to people wishing to make smaller transactions, Ria places no lower limit on the sum you wish to send. In fact, it generally will not permit customers to transfer sums above USD $2,999, although it will let them increase that upper limit if they can provide further identification at a local Ria agent location. However, the maximum amount that can be sent within any 30 day period is limited to USD $7,999.

Exchange rates may not be quite as competitive as those available on other dedicated cross-border payments platforms (they’re typically 1.5% to 2.5% below mid-market rates), but they’re better than average and they outperform most of the banks. You can also be confident that your transaction will be simple, convenient, safe and fast. An excellent solution for people who want to send relatively small amounts quickly.

Security for money transfers via Ria is excellent, robustly protecting customer identity, information, money and transactions using the following methods:

  • Pinpointing dubious actions such as suspicious login attempts and transactions while using state-of-the-art security and modelling
  • Top-drawer identity verification systems to establish that senders and recipients really are who they say they are
  • Industrial strength security for all information whether online or off
  • A money-back guarantee in the rare event of issues arising with customer transfers
  • A highly skilled and knowledgeable team of security experts who monitor and review suspicious transactions
  • Advanced fraud protection techniques
  • Ria never stores customer debit or credit card information on its servers

The company adheres to all national and international regulations and standards for paying out, receiving and transferring money. All its procedures and policies comply with the laws of the United States and of the jurisdictions it operates within, adhering as well to all European Union and United Nations sanctions.

A highly reliable, highly secure way of making money transfers, Ria has a Better Business Bureau accreditation rating of A+.

 

Products for Businesses

Ria Money Transfers focuses exclusively on peer-to-peer/individual customer money transactions.

 

About Ria Money Transfers

Established in 1987 in New York City by Cuban immigrant Jesus Perez Santalla, Ria Money Transfers was acquired in 2006 by Euronet Worldwide, a hugely successful company providing electronic payment services in the United States and globally. This has provided Ria with an extraordinarily strong financial foundation and a global reach.

As well as money transfers, the company also offers bill payment services, cheque cashing, money orders, mobile payments and prepaid debit cards.

Amount Received £ 10,000.00
£ 0.00 Avg. Saving vs. Banks ?
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Other International Money Transfer Quotes

Bank Beating Rates

TorFX

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Est. 2004

Bank-beating FX rates | Safe and secure | Free transfers for FXcompared customers

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Bank-beating FX rates | Safe and secure | Free transfers for FXcompared customers

Amount Received
USD $12,053.46
GBP £209.73
saved vs. banks
Bank Beating Rates

Currencies Direct

Call us0203 018 1318

Bank-beating FX rates | Safe and secure | Free transfers for FXcompared customers

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Bank-beating FX rates | Safe and secure | Free transfers for FXcompared customers

Amount Received
USD $12,017.01
GBP £179.73
saved vs. banks

OFX (UK)

?
Est. 1998

OFX (previously UKForex in the UK), provides secure and speedy international money transfers to over 300,000 people in 55 currencies at better-than-bank rates

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OFX (previously UKForex in the UK), provides secure and speedy international money transfers to over 300,000 people in 55 currencies at better-than-bank rates

Amount Received
USD $11,997.57
GBP £163.73
saved vs. banks

Moneycorp

?
Est. 1979

One-off payments | Regular payments | Great rates | Safeguarded customer funds

More Info Less Info

One-off payments | Regular payments | Great rates | Safeguarded customer funds

Amount Received
USD $12,029.16
GBP £189.73
saved vs. banks

WorldFirst

?
Est. 2004

Transparency and security | Great customer feedback rating from Feefo

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Transparency and security | Great customer feedback rating from Feefo

Amount Received
USD $11,986.63
GBP £154.73
saved vs. banks

Global Reach (formerly FC Exchange)

Great rates | One-off payments | Regular transfers | E-Money Institution | No fees for FXcompared customers

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Great rates | One-off payments | Regular transfers | E-Money Institution | No fees for FXcompared customers

Amount Received
USD $12,041.31
GBP £199.73
saved vs. banks

Western Union Business Solutions

The Personal Payments team at Western Union Business Solutions look after the overseas currency requirements for private individuals.
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The Personal Payments team at Western Union Business Solutions look after the overseas currency requirements for private individuals.
Amount Received
USD $11,968.41
GBP £139.73
saved vs. banks

Azimo

?
Est. 2012

Azimo is an online only provider with a focus on mobile money transfers. They also work with the top global banks and payment providers to ensure the safe delivery of your money and payout globally.

More Info Less Info

Azimo is an online only provider with a focus on mobile money transfers. They also work with the top global banks and payment providers to ensure the safe delivery of your money and payout globally.

Amount Received
USD $12,136.00
GBP £277.66
saved vs. banks

RationalFX

?
Est. 2005
Established in 2005, RationalFX helps individuals and businesses achieve significant savings on international payments
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Established in 2005, RationalFX helps individuals and businesses achieve significant savings on international payments
Amount Received
USD $12,047.39
GBP £204.73
saved vs. banks

Currency Solutions

Currency exchange specialists ranking No.1 on Trustpilot for the past two years
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Currency exchange specialists ranking No.1 on Trustpilot for the past two years
Amount Received
USD $12,052.25
GBP £208.73
saved vs. banks

Smart Currency Exchange

Smart is focused on helping clients to effectively and efficiently send and receive payments internationally
More Info Less Info
Smart is focused on helping clients to effectively and efficiently send and receive payments internationally
Amount Received
USD $12,047.39
GBP £204.73
saved vs. banks

WorldRemit

?
Est. 2010

WorldRemit is an online service that lets people send money to friends and family living abroad, using a computer, smartphone or tablet.

More Info Less Info

WorldRemit is an online service that lets people send money to friends and family living abroad, using a computer, smartphone or tablet.

Amount Received
USD $12,002.00
GBP £167.38
saved vs. banks

Rates From The Average UK High Street Bank

Banks are the most expensive way to do an international money transfer, the quotes from the providers above show you the typical savings that can be made. All providers on FXcompared.com are regulated in the UK  by the FCA, in the USA by FinCEN, In Canada SSC and Australia, ASIC.

We check all rates regularly and this quote is an actual quote of the average from UK banks for this month. It includes all major and small banks. Lloyds, Barclays, HSBC, Santander, NatWest, RBS, Coutts, Handelsbanken, Metro bank and more - tracked every month. We obtain our rates via our IMTI platform.
 

More Info Less Info

Banks are the most expensive way to do an international money transfer, the quotes from the providers above show you the typical savings that can be made. All providers on FXcompared.com are regulated in the UK  by the FCA, in the USA by FinCEN, In Canada SSC and Australia, ASIC.

We check all rates regularly and this quote is an actual quote of the average from UK banks for this month. It includes all major and small banks. Lloyds, Barclays, HSBC, Santander, NatWest, RBS, Coutts, Handelsbanken, Metro bank and more - tracked every month. We obtain our rates via our IMTI platform.
 

Amount Received
USD $11,750.67
No saving vs. banks

PayPal

?
Est. 1998

Shop with PayPal and you’ll still earn your points, airmiles and cashback. Fees are shown as part of the overall exchange rate.

More Info Less Info

Shop with PayPal and you’ll still earn your points, airmiles and cashback. Fees are shown as part of the overall exchange rate.

Amount Received
USD $11,725.39
No saving vs. banks

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FXcompared.com is an fx money comparison site for international money transfer and to compare rates from currency brokers for sending money abroad. The website and the information provided is for informational purposes only and does not constitute an offer, solicitation or advice on any financial service or transaction. None of the information presented is intended to form the basis for any investment decision, and no specific recommendations are intended.  FXC Group Ltd and FX Compared Ltd does not provide any guarantees of any data from third parties listed on this website. FX compared Ltd expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from (i) any error, omission or inaccuracy in any such information or (ii) any action resulting therefrom.