How to transfer large amounts of money with Chase
Check out our helpful guide to using Chase to transfer a large amount of money, including transfer times, limits and how to make a payment.
Is Ria Money Transfer Safe To Use In The UK? - Learn more about Ria
Considering using Ria Money Transfer to make an international payment? The US-based company is an online money transfer specialist, which lets you send transfers from the UK to over 165 countries.¹
But is Ria safe to use in the UK? Security will always be an important thing to consider when sending money overseas, especially if you do it regularly or send large sums.
Below, we’ll run through everything you need to know about security at Ria Money Transfer. This includes regulation, security tech and anti-fraud measures, and how you can keep yourself safe while using the service.
We’ll also quickly show you an ultra-secure alternative - Wise.
But first, let’s take a closer look at Ria and its security features.
Is Ria Money Transfer regulated in the UK?
Yes, under the name of Euronet Payment Services Limited, Ria is authorised in the UK by the Financial Conduct Authority (FCA) as a payment services provider. This company is also registered at Companies House.²
Ria Money Transfer security features and technology
So, what measures does Ria Money Transfer take to keep your transactions, money and personal details safe? Let’s take a look at a few of the security measures it uses:³
- Extended Validation SSL certification to keep your account safe
- Account verification processes using sophisticated modelling, so that Ria can identify suspicious transfers early (before any real damage is done)
- World-class security experts working 24/7 to monitor money transfers
- Protected payment info - your payment details are never stored on Ria’s servers, so they can’t be compromised.
What happens if something goes wrong with a Ria transfer?
If you suspect fraud, have security concerns or your transfer doesn’t arrive, there are lots of ways you can contact the Ria Money Transfer team. This includes:
- Phone - call 02074672539⁴
- Email - FraudPrevention@riafinancial.com⁵
You might also be able to get help in the Ria Money Transfer mobile app.
Tips to stay safe while using Ria Money Transfer
Ria has lots of security measures in place, but there are also things you can do to stay safe while using the online transfer service. Here are some tips:
- Keep your account secure by choosing a strong password, and make sure not to share it with anyone.
- Protect your mobile or laptop device with biometric logins.
- Make sure to sign out when using shared devices.
- Be wary of online scams, including phishing emails
- Avoid paying people you don’t know (or whose identity you can’t verify).
Wise - a secure alternative which could save you money
Of course, Ria isn’t the only money transfer service out there. You could potentially save money on your international payment by shopping around and finding an alternative.
Open a Wise multi-currency account online and you can send money to 160 countries in 40+ currencies.There are only ever low, transparent fees to pay (available upfront), and you’ll always get fair, mid-market exchange rates with no margins added on top.
Sending online transfers with Wise is fast, convenient and fully trackable.
Wise also has safety covered. It’s FCA regulated and uses sophisticated security measures to keep your money safe, such as:
- Two-factor authentication
- Real-time notifications
- Dedicated anti-fraud team working 24/7 to protect your account from even the most sophisticated fraud
- Regular security audits.
Find out more about how Wise works here.
Please see the Terms of Use for your region or visit Wise fees & pricing for the most up-to-date information on pricing and fees.
Sources used:
- Ria Money Transfer - Home
- Ria Money Transfer - Terms and Conditions
- Ria Money Transfer - Security
- Ria Money Transfer - Help - Contact Us
- Ria Money Transfer - Fraud awareness
Sources last checked on date: 22-May-2023
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
Money without borders
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