The big banks have large fees and hide even larger fees inside their terrible exchange rates. Banks use Telegraphic Transfers or foreign wire transfers. These processes are slow and costly.
Our mission is to help businesses and individuals save money on fees by navigating the remittance provider options available within their country or region. Only the best are reviewed and compared. No matter where you are in the world, there are alternatives to transferring through the big banks.
Feel free to contact us with any questions or concerns you may have.
Reviews for Money Remittance Service Providers
iCompareFX reviews only the most beneficial providers. They are the companies that dominate the field and provide our clients with the most favorable outcomes. The most important aspects of these types of services include:
- Benefits of using their service
- Currencies available
- Speed of transfer
- Customer service
- Services available e.g., forward contracts, phone or online only, regular transfers
- Ease of use and how to sign up
- Offers, deals, and coupons availability
Comparisons of Foreign Money Transfer Providers
Reading only a company review might be just what you need to decide whether to use the transfer service provider. A direct company-to-company comparison may also be needed if they have similar profiles. Sometimes you may want to know who the provider’s competitors are within your country.
iCompareFX.com provides these services for you. Direct company comparisons and competitor reviews are critical when choosing to partner with any specialized remittance company. When comparing providers directly, we have found the following comparison points to be the most valuable:
- Exchange rates
- Customer service
- Service products
- Ease of use (including account creation and the transfer process)
Our Guide to Foreign Money and Bank Wire Transfer
Our guide is based on simplicity:
- Choose to not get ripped off by using the big banks to transfer money internationally.
- Browse the list of providers reviewed on iCompareFX.com.
- Find the right provider to partner with in your country or region.
- Sign-up to your chosen provider.
- Save money sending overseas!
We have put together specific country-to-country guides. Using these guides will help you find and choose the best foreign money transfer service for you or your business.
iCompareFX Writers & Contributors
Dave O’Neill is an Irish expat living and working in Australia. He previously discovered that the easiest way to wire money internationally was through a specialist and not the big banks. He has become an expert in comparing money remittance companies. An ex-financial nut turned writer, he reviews the best and cheapest providers available on the market. Dave has been writing for iCompareFX since 2014.
Dave speaks from experience. Among other reasons, he also uses these services to send money home to pay his mortgage in Ireland.
To learn more about foreign money transfer companies, contact us using the comments below or by email hello(at)icomparefx(dot)com.