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Monito Money Transfer Reviews

Compare international money transfer services:

We Compare and Review Hundreds of Money Transfer Providers

On this page, you'll find all money transfer providers listed on Monito, from money transfer giants and well-known brands like Western Union or MoneyGram to rapidly growing new players like Wise and many more.

We also compare niche providers that are reasonable solutions for particular needs and banks to give you an idea of how much you can save by switching to a cheaper provider.

How We Review Money Transfer Providers

In addition to comparing the fees and exchange rates of providers in real-time, we try to review as much providers as possible in details, to help you make the best decision when picking a new provider.

We developed the Monito Score, and evaluation based on 50+ criteria, from how easy to how secure and transparent a provider is.

Compare international money transfer services:

Online Money Transfer Providers

While a big proportion of individual international money transfers (also referred to as remittances) are still cash-based, online money transfer providers' market share is growing very rapidly.

Global Money Transfer Providers

In this category, we list money transfer providers that have a global presence and are relying mostly on cash-based transfers.

Foreign Exchange Brokers

Also called "FX brokers", this specific category of money transfer providers focused on high-value transfers and usually provide personalised service. They usually require their users to request a quote for a given transfer before being put in contact with a broker by phone or email. They include:

Digital Wallets

Banks for International Money Transfers

Banks are usually not a good solution to send money internationally as they usually take an important margin on the exchange rate when converting your money.

Bank

FX Margin (%)

Transfer Fees (GBP)

HSBC

2.5% - 25%

Up to £4

Barclays

4% - 1%

£0

Lloyds

2.5% - 25%

£9.50

Natwest

4.5% - 13%

£15

Santander

-

Up to £25

HBL

0.55% - 2.5%

£0.5 - £100

ICICI Bank

0.9% - 1.3%

£1

Bank of Baroda

0.7% - 0.8%

£10

SBI

0.35% - 2.3%

Up to £25

RBS

1.5% - 3.55%

Up to £9.50

Halifax

1.5% - 3.55%

Up to £9.50

Last updated: 23/07/2021

Why You Can Trust Us

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, Monito co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services worldwide.

Today, Monito’s award-winning comparisons, reviews, and guides (no longer just about money transfers but also digital accounts, travel cards, eSIMs, and travel insurance) are trusted by millions each year. Our recommendations are backed by our comparison data and dozens of expert tests, allowing you to confidently make the savviest decisions.

15+ million people across the globe trust Monito.

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Monito's experts spend hours researching and testing services

Commissions we may receive never impact our independence.

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Affiliate Disclosure
Instead of banner ads and paywalls, Monito makes money through affiliate links to the various payment service providers featured on our website. While we work hard to scout the market for the best deals, we're unable to consider every possible product available to you. Our extensive range of trusted affiliate partners enables us to make detailed, unbiased, and solution-driven recommendations for all types of consumer questions and problems. This allows us to match our users with the right providers to suit their needs and, in doing so, match our providers with new customers, creating a win-win for everybody involved. However, while some links on Monito may indeed earn us a commission, this fact never impacts the independence and integrity of our opinions, recommendations, and evaluations.