Artiom Pucinskij

Countries Where Cash Is Still King In An Increasingly Cashless World

The 2020 pandemic skyrocketed the digital payments space, bringing many countries much closer to a cashless society than ever before anticipated. In the years since, many parts of the world continue to expand towards digital-led banking solutions with cash becoming evermore obsolete.

20 Insightful UK Online Shopping Statistics for 2023

Speed, convenience, and low prices are only some of the reasons people are increasingly turning to online shopping. In this overview of UK online shopping statistics, we’ll take an in-depth look at the current state of the country’s ecommerce market. We’ll also reveal the most popular online retailers across various retail segments. Finally, we’ll examine UK online consumers’ demographic characteristics, spending habits, and shopping preferences.

Must-Know UK Remittance Statistics for 2023

The UK is undoubtedly one of the top destinations for expats from all over the world. Huge waves of migrants from Asia, Africa, and a number of countries in Europe go to the UK every year to try to make a better living for their families.

Xe exchange rates

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The Best International Money Transfer Companies

Using your bank for international wire transfers is expensive due to poor exchange rates and high fees.

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TorFX vs Wise

If you do not have either one, here’s a quick overview of when it’s best to use TorFX or Wise:

Our Money Transfer Guides, Reviews, and Comparisons

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Here at MoneyTransfers.com, our mission is to help individuals and businesses navigate the world of international money transfers with confidence by providing transparent comparisons, real-world testing, and expert insights you can trust.

How We Review & Test Money Transfer Providers

At MoneyTransfers.com, we test every provider ourselves using real data, real transfers, and real-world scenarios.

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We’ve made it as simple as possible to compare international money transfers and get the best exchange rate. Here’s how:

Why You Can Trust MoneyTransfers.com

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MoneyTransfers.com Features

Our key feature is the comparison engine we use.

Best Money Transfer Apps in India

Below, I’ll go over these in a bit more detail.

Sokin Alternatives

Sokin is a standout option for global businesses needing batch payments and multi-currency support, with 75+ currencies, no per-transfer fees, and support for large payouts, it’s well-suited to companies operating across Africa, Asia, and emerging markets.

Currenxie Alternatives

Currenxie is a solid option for businesses needing a virtual multi-currency account, especially for those based in Hong Kong. But depending on where and how you operate, it might not be the best fit.

Wise Business Alternatives

Wise is one of the best-known business accounts for lean, international teams.

Taptap Send Review

Taptap is generally a really good service to use, but it does have its limitations. Here’s a quick overview of when you should and shouldn’t use it.

Bancoli Review

Before you choose whether to transfer funds overseas with Bancoli, here’s a quick summary of benefits and drawbacks.

Africhange Review

Africhange is best for transfers from Nigeria, since hardly anyone offers these transfers.

KOHO Review

KOHO is generally great for making small to mid-sized international transfers from Canada. It uses interbank rates with clear upfront fees.

Fiberpay Review

Fiberpay is best suited for those making large and complex international transfers, think buying property abroad, handling taxes abroad, or making international business payments.

Equals Money

Before going into more details, here’s a quick summary of the benefits and drawbacks of Equals Money.

WorldFirst

Before going into more detail, here’s a quick summary of the benefits and drawbacks of WorldFirst.

BOSS Money Review

Here's a quick overview of why you should consider BOSS Money and when you should be looking for an alternative.

Felix Pago Review

Felix is unique in terms of how you send money. All transfers are made through WhatsApp, making it much more convenient compared to other top money transfer companies.

Aspora Review

Aspora is the uprising company for money transfers to India, with no exchange rate markup and extremely low fees.

OrbitRemit

IFX Payments Review

Their flagship product, ibanq, provides multi-currency virtual IBAN accounts, enabling businesses to receive, hold, and send funds across borders, giving companies greater control over their global cash flow. Their mass payment functionality simplifies payroll and supplier payments, even across multiple currencies, ensuring businesses can process international payments in bulk without opening local currency accounts.

A Place In The Sun Currency

The key areas of our A Place In The Sun Currency review are focused on the fees & exchange rates, transfer limits & speed, product offering, ease of use, safety, and customer feedback.

WorldRemit

WorldRemit doesn't put a list of all their fees online, so you’ll have to input the details of your transfer to find out how much you’ll need to pay in fees. However, once you do, you’ll be shown what rate you get and what transfer fee you’ll pay depending on the destination, currency and payment method.

Monese Review

With clients spanning 31 countries, Monese takes pride in its 4.0 ratings out of the highest 5 from Trustpilot.