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What is the cheapest way to send money abroad?

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  • 2 USD
  • 5.30 USDOur fee
  • 7.30 USDTotal fees

  • =
    992.70 USDTotal amount we’ll convert
  • ×
    0.923388

Find the cheapest international money transfer

Sending 1,000.00 USD withRecipient gets(Total after fees)Transfer feeExchange rate(1 USD EUR)
RemitlyCheapest920.48 EUR
0.00 USD0.920482
Moneygram920.22 EUR- 0.26 EUR1.99 USD0.922050
Wise916.65 EUR- 3.83 EUR7.30 USD0.923388Mid-market rate
OFX911.84 EUR- 8.64 EUR0.00 USD0.911843
Xe911.24 EUR- 9.24 EUR0.00 USD0.911237
Western Union909.96 EUR- 10.52 EUR0.00 USD0.909956
Xoom903.53 EUR- 16.95 EUR0.00 USD0.903527
Chase (US)891.83 EUR- 28.65 EUR5.00 USD0.896310
Wells Fargo889.74 EUR- 30.74 EUR0.89 USD0.890540
PayPal880.97 EUR- 39.51 EUR4.99 USD0.885392

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Best ways to send money internationally

  • Direct Debit

    Direct Debit is a convenient option that lets us take money from your account once you have authorised the payment on our site. It takes a little more time for your money to reach Wise, and it can be more expensive than a bank transfer.
  • Bank Transfer

    Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money. Read more how to use bank transfers as a payment option.
  • Debit Card

    Paying for your transfer with a debit card is easy and fast. It’s also usually cheaper than credit card, as credit cards are more expensive to process. Read more about how to pay for your money transfer with a debit card.
  • Credit Card

    Paying for your transfer with a credit card is easy and fast. Wise accepts Visa, Mastercard and some Maestro cards. Read more about how to pay for your money transfer with a credit card.
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How to send a cheap money transfer in 3 easy steps

Wise is easy.

How to make a cheap money transfer internationally

  1. Just tap in how much, and where to.
  2. Then make a local payment to Wise, whether it's with a wire transfer, ACH or your debit or credit card.
  3. And that's it.

Wise converts your money at the 'inter-bank' rate – the real rate – so you save big time (even versus the guys saying there's 'zero' commission). On Wise, there's no room for sneaky bank surcharges or creeping hidden charges.

Things to consider to find a truly cheap way to send money internationally

  • Fees

    Many businesses state low fees or even offer consumers fee-free transfers, but most of the expense of sending money abroad is hidden. The bulk of consumer costs can be concealed in poor exchange rates.

  • Exchange rates

    A quick Google search will show you an exchange rate. But if you compare it to the exchange rate offered by banks and traditional money transfer services, you’ll find their rate is often much worse.

  • Transfer time

    Traditional banks and international money remittances often take several working days. Wise is often much faster: a lot of transfers are completed within 1 business day. Many of our transfers are even instant.

  • Security and financial protection

    Wise is an Electronic Money Institution independently regulated by the Financial Conduct Authority (FCA). With Wise, you’ll know where your money is every step of the way.

Protecting you and your money

    Safeguarded with leading banks

    We hold your money with established financial institutions, so it’s separate from our own accounts and in our normal course of business not accessible to our partners. Read more here.

    We're a licensed money transmitter

    We’re regulated by authorities around the world. This includes the FCA in the UK and FinCEN in the US.

    Audited regularly

    We make sure your money’s secure, and that Wise is financially stable. As we’re not a bank, your money isn’t FSCS protected — instead we safeguard it.

    Extra-secure transactions

    We use 2-factor authentication to protect your account and transactions. That means you — and only you — can get to your money.

    Data protection

    We’re committed to keeping your personal data safe, and we’re transparent in how we collect, process, and store it.

    Dedicated anti-fraud team

    We work round the clock to keep your account and money protected from even the most sophisticated fraud.

Online scams are on the rise. Learn how to stay safe.

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