Finding the best way to transfer money abroad

 

Money transfer routes: Fast and secure money transfers

Let’s assume you are looking to make an international money transfer. You already know how much you want to send and the country you wish to send it to. But did you know that the country you are sending money from can have an impact on the speed and cost of your money transfer?

Some currency pairs are more volatile than others, and economic regulations between different countries may vary. Countries may have different fee structures and regulations when it comes to money transfers, while others may have special relationships with one another, causing some transfer routes to be faster and easier than others. 

No matter where you're sending money from, or where you're sending it to, our real-time comparison tool will help you find the best available deals on the market. To help you find out how your money transfer route might affect your transfer, we’ve put together guides on some of the world’s most popular money transfer routes. 

Contents

Popular money transfer routes

Here, we’ve compiled a list of our guides for the most popular money transfer routes in the world. Click the links to find out more. 

Transfer Money from Australia to UK

Transfer Money from Saudi Arabia to India

Transfer Money from USA to UK

Transfer Money from United Arab Emirates to UK

Transfer Money from Australia to USA

Transfer Money from UK to USA

Transfer Money from Kuwait to India

Transfer Money from Canada to UK

What factors affect my money transfer? 

As we talk about in our destinations guide, foreign countries can have their own regulations, taxes, maximum limits and stipulations surrounding how much money can be transferred. Some countries, for example, may have maximum limits for transfers, over which money may be taxed or an additional fee taken. 

Depending on your money transfer route (where you are sending from/to), you might be more limited in your choice of which money transfer companies are able to handle your transaction. This means you need to compare options carefully to ensure you are getting the best possible money transfer deal. 

Another issue, which we’ve covered in more detail in our larger money transfer guide, is currency volatility. If a country’s economy is struggling or if it is suffering high levels of inflation, then the value of its currency will suffer. This means that the exchange rate will be different, which will ultimately affect how much the recipient of an international money transfer will receive. 

If a currency goes up or down in either the sending or the recipient country, that will affect the mid-market exchange rate, which will in turn affect the amount your recipient would receive when sending money abroad. 

What is the safest way to transfer money abroad?

It can be daunting to entrust money to someone who isn’t your bank. However, sending money via a money transfer company should be completely safe as long as they are authorised by the relevant finance authority in the country you are sending from (for example, in the UK this would be the Financial Conduct Authority).

If you are looking to transfer money abroad and want to take the risk on yourself, rather than relying on money to be transferred safely through to a foreign account, some operators give you a prepaid card that allows you to spend your money in the local currency while you are abroad. 

What is the fastest way to send money abroad?

Money transfer companies tend to be a faster option than banks when sending money abroad. This is because when you submit a wire transfer request through your bank, it uses the worldwide SWIFT network to send your money. This usually means it passes through one or more correspondent banks on its journey, all of which have their own fraud and compliance checks to carry out which delay the payments. 

Money transfer companies, meanwhile, are able to circumnavigate this system and send money to their own accounts abroad directly. But the transfer speed will still vary depending on the specific operator, the country you are sending to/from and the amount of money you are sending.

It’s now easier than ever to set up an international money transfer, either online or via mobile apps that accept multiple payment methods. However, it can be time-consuming to compare transfer speeds across money transfer companies alone. That’s where FXcompared’s money transfer comparison tool comes in handy. 


All money transfer routes

Below you will find links to our most popular currency pair pages. We provide guidance on all areas relating to money transfer such as property, moving abroad, studying abroad and trading internationally.

Asia Pacific Money Transfer Guides


             
Transfer Money From Australia to Canada   Transfer Money From Australia to UK   Transfer Money From India to USA
Transfer Money From Australia to Germany   Transfer Money From Australia to USA   Transfer Money From New Zealand to Australia
Transfer Money From Australia to India   Transfer Money From China to UK   Transfer Money From New Zealand to UK
Transfer Money From Australia to New Zealand   Transfer Money From China to USA   Transfer Money From New Zealand to USA
Transfer Money From Australia to Thailand   Transfer Money From India to UK    

Central and South America Money Transfer Guides


             
Transfer Money From Brazil to UK   Transfer Money From Colombia to USA   Transfer Money From Mexico to USA
Transfer Money From Brazil to USA        

 


European Money Transfer Guides


               
Transfer Money From Belgium to UK   Transfer Money From Spain to Mexico   UK to Israel
Transfer Money From France to Australia   Transfer Money From Spain to UK   UK to Italy
Transfer Money From France to Brazil   Transfer Money From Spain to USA   Transfer Money From UK to New Zealand
Transfer Money From France to Mexico   Transfer Money From UK to Australia   Transfer Money From UK to Portugal
Transfer Money From France to UK   Transfer Money From UK to Brazil   Transfer Money From UK to South Africa
Transfer Money From France to USA   Transfer Money From UK to Canada   Transfer Money From UK to Spain
Transfer Money From Germany to USA   Transfer Money From UK to China   Transfer Money From UK to Switzerland
Transfer Money From Ireland to USA   Transfer Money From UK to France   Transfer Money From UK to Thailand
Transfer Money From Norway to India   Transfer Money From UK to Germany   Transfer Money From UK to UAE
Transfer Money From Spain to Argentina   Transfer Money From UK to India   Transfer Money From UK to USA
Transfer Money From Spain to Colombia   Transfer Money From UK to Ireland    

 


Middle East and Africa Money Transfer Guides


 

             
Transfer Money From Dubai to Australia   Transfer Money From Dubai to USA   Transfer Money From Saudi Arabia to India
Transfer Money From Dubai to India   Transfer Money From Israel to UK   Transfer Money From Saudi Arabia to UAE
Transfer Money From Dubai to Philippines   Transfer Money From Israel to USA   Transfer Money From Saudi Arabia to UK
Transfer Money From Dubai to Saudi Arabia   Transfer Money From Kuwait to India   Transfer Money From Saudi Arabia to USA
Transfer Money From Dubai to South Africa   Transfer Money From Qatar to India   Transfer Money From UAE to UK
Transfer Money From Dubai to UK   Transfer Money From Saudi Arabia to Canada

 


North America Money Transfer Guides


               
Transfer Money From Canada to Australia   Transfer Money From USA to Canada   Transfer Money From USA to Japan
Transfer Money From Canada to France   Transfer Money From USA to China   Transfer Money From USA to Mexico
Transfer Money From Canada to India   Transfer Money From USA to Colombia   Transfer Money From USA to New Zealand
Transfer Money From Canada to New Zealand   Transfer Money From USA to Dubai   Transfer Money From USA to Poland
Transfer Money From Canada to Thailand   Transfer Money From USA to France   Transfer Money From USA to Singapore
Transfer Money From Canada to UK   Transfer Money From USA to Hong Kong   Transfer Money From USA to Spain
Transfer Money From Canada to USA   Transfer Money From USA to India   Transfer Money From USA to UK
Transfer Money From USA to Australia   Transfer Money From USA to Italy   Transfer Money From USA to Venezuela

Money Transfer Comparison

Results are ranked in order of the best overall deal, taking into account transfer times, rates, fees, and customer service.

Money Transfer Reviews

Use our Currency Tools

Currency Volatility Tool - assess the impact of currency risk

Currency Analysis Tool - conduct an audit of historical transactions


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Money Transfer Comparison Tool

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.