We only list companies that are trustworthy and appropriately licensed. Our aim is to give you a comprehensive view of the regulated money transfer marketplace.
We only list companies that are trustworthy and appropriately licensed. Our aim is to give you a comprehensive view of the regulated money transfer marketplace.
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MoneyTransfers aims to help users find the best money transfer provider for their needs. To support our free service, we may earn a commission from some of the providers listed in our search results. The commission may also impact the ordering of the providers shown. Our reviews are independent from this and are based on our editorial policy, research and testing of dozens of remittance providers on the market.
MoneyTransfers aims to help users find the best money transfer provider for their needs. To support our free service, we may earn a commission from some of the providers listed in our search results. The commission may also impact the ordering of the providers shown. Our reviews are independent from this and are based on our editorial policy, research and testing of dozens of remittance providers on the market.
Table of Contents
WorldRemit is cheaper for sending money to harder to reach areas such as Nigeria, Colombia, India, Pakistan and similar.
While Wise is cheaper for sending traditional currencies such as EUR, GBP, and USD.
WorldRemit has been struggling recently, their website is a bit dated and breaks at times, as well as you can't send money online to many locations (all goes through the app).
Wise on the other hand is incredible. Their entire eco-system (website, platform, app, cards) are built to work together regardless of where you are.
I've been using Wise for multiple years now, and always grab my Wise card with me when going abroad.
Here's a video review of both companies if you want to see them in action and learn a bit more.
Our users at MoneyTransfers.com also rated Wise better than WorldRemit (marginally, but still better).
Here are the most recent user reviews for both companies.
Wise user reviews
Would you recommend Wise?
Russell Pinkes
I can’t send money to Belize
No, I don't recommendNovember 19th, 2025
Katsiaryna
Once trying to open sire, was automatically blocked for no reason
No, I don't recommendOctober 5th, 2025
Alan
Unable to transfer money from Philippines to any other country. Philippines Wise does not work
No, I don't recommendOctober 1st, 2025
Anonymous
Retiro de dinero en transferencia
Yes, I recommendSeptember 6th, 2025
Uwe
great rates and service - unfortunately for some countries not yet available
Yes, I recommendAugust 25th, 2025
Martin Premprakash Anantharaman
On the first transfer to a hospital in NY they were already screaming that this was a sure scam and the same on my next transfer to a fried in Nigeria. They then summarily closed my account TERMINATING THE RUNNING TRANSFER TO NIGERIA, claiming that, hold on, I was being scammed🤦♂️ Sure, I could have appealed but immediately found that I would have had to provide so much intrusive detail that I desisted.
No, I don't recommendJuly 22nd, 2025
Martin Premprakash Anantharaman
Setting up is a bit unwieldy if you want to make a one-off transfer, as you have to create an account with complete identification - but it works and the process as well as charges are great.
Yes, I recommendJuly 18th, 2025
Anonymous
My brother wants to send me money from India to Nigeria but he's finding it difficult how can he do it
No, I don't recommendApril 17th, 2025
Mohammed
WARNING : Wise was Great until main office decided to ruin WISE By letting the TW India office control handling Random verifications and do what ever they want by insane replies and no replies etc.
If you want to waste your time and enjoy a journey into Black Hole of Insane then go ahead and try WISE !
No, I don't recommendFebruary 14th, 2025
Anonymous
Can't receive money from php to idr so far
I'm not sureJanuary 24th, 2025
sudheir
They don't allow transfer to Brokerage firms from India
No, I don't recommendJanuary 13th, 2025
Anonymous
Good app to transfer money
Yes, I recommendJanuary 13th, 2025
Anonymous
I didn't find Cuba on your list.
No, I don't recommendDecember 29th, 2024
Anonymous
cuba not work
No, I don't recommendDecember 22nd, 2024
Nina
I made a transfer to a Canadian company 1.5 months ago, and the funds have not yet been received. After multiple emails, Wise insists that the money was paid out. However, I have received an official statement from the recipient’s bank confirming that the money has not been received. Wise's complaints department sent me a final letter stating that, according to their records, the funds were paid out.
Additionally, Wise states the following in their Customer Agreement regarding their responsibility for losses:
Quote from Wise's Terms:
"Our Customer Agreement also explains our responsibility for losses in Section 29:
29.1 Unforeseeable loss or damage. We are not responsible for any loss or damage that is not foreseeable. Loss or damage is foreseeable if either it is obvious that it will happen or if, at the time the contract was made, both we and you knew it might happen, for example, if you discussed it with us during your sign-up process.
29.9 We are not liable for things which are outside of our control. We (and our affiliates) cannot be liable for our inability to deliver or delay because of things which are outside our control."
Despite these terms, Wise has not been able to resolve this issue, and the money has still not been delivered as promised.
I find it irresponsible that Wise does not conduct any investigations into the matter. The Canadian bank associated with Wise is unable to provide any information, as everything goes through Wise. Wise must be capable of tracking the funds and providing precise details about where exactly the money is, who received it, and to which bank account it was deposited.
I would advise everyone to be cautious when transferring large sums of money with Wise. They are not capable of executing a secure money transfer!
No, I don't recommendDecember 8th, 2024
Shengjie Yin
good and perfect
Yes, I recommendDecember 2nd, 2024
Tristan
Beware: Wise's Unethical Policies and Unresponsive Support Cost My Business
I am sharing my experience with Wise to warn fellow business owners about the serious risks and unacceptable practices you may encounter if you choose to use their services.
My business, is a legally registered travel agency in the UK, and I relied on Wise to manage payments for my photography and cultural tours, primarily in South America. Things took a turn for the worse when Wise froze my account and accused my business of violating their Acceptable Use Policy, citing my once-a-year humanitarian trip to Cuba.
Despite explaining multiple times that:
No Cuba-related transactions were ever processed through Wise (I use a separate European bank for this purpose),
My tours comply with the “Support for Cuban People” category authorized by OFAC, designed to help Cuban citizens outside state control,
Wise completely ignored the facts. Their customer support team responded with automated messages, refused to engage in any meaningful dialogue, and even lied, claiming they didn't monitor my emails—despite clear evidence to the contrary. After days of chasing them and providing thorough documentation, they chose to close my account without justification.
The Consequences:
Wise left my business in chaos, disrupting essential transactions and client arrangements.
Their rigid policies align with sanctions widely condemned by the global community, and in doing so, they indirectly support humanitarian suffering.
The Bottom Line:
Wise is unreliable, unresponsive, and unethical. If your business has any complexity or humanitarian focus, beware: Wise will shut you down without notice or explanation, and customer support will abandon you. Their actions have serious real-world consequences.
Avoid Wise if you value your business stability or require ethical and accountable financial services. There are far better alternatives out there that won’t put your livelihood at risk Beware: Wise's Unethical Policies and Unresponsive Support Cost My Business
No, I don't recommendNovember 14th, 2024
Anonymous
I have been a customer for a few years. Yes I love the instant deposits as I make around $1K. However as many non US entities Wise uses a bank out of New York. Therefore the TRANSFER and DEPOSIT from an account transfer can take 4 to 6 days. What this means is that you will not able to make another ACH transfer during this time. This is frustrating if you have to make a follow up transfer in a few days. All in all don't plan to make more than 4 transfer in a month because it may not fo through, Not sure if other transfer companies operate the same way but I am about to find out as I will try Revolute. Bottom linw will require you to use ANOTHER payment method like credit card or some other method. Understand this: YOU MAY HAVE THE MONEY IN YOUR ACCOUNT but they WILL NOT TRY TO VERIFY IT WITHIN THE THE PERIOD IT WILL TAKE THEM TO DEPOSIT IT IN YOUR ACCOUNT. To add insult to injury I called in and the agent siad that they can see that they got paid but the computer takes time to update/reconcille I guess! It is a slow system!
I'm not sureNovember 7th, 2024
Anonymous
There is a lot of advice on RECEIVING INHERITANCE in the UK from overseas but nothing on the rules for SENDING money gifts to grandchildren living OVERSEAS and the rules on Inheritance Tax in that case.
I'm not sureOctober 29th, 2024
Anonymous
The service is decent, nothing more. I have had security issues that are not quickly resolved. Call center personnel are average. The app is not, in general, user friendly. You should definitely do research on a variety of service providers before making a choice. Do not take the reviews at face value. I chose Wise based on positive reviews but now regret not doing more research on other companies.
I'm not sureOctober 20th, 2024
Anonymous
So far so good
I'm not sureOctober 14th, 2024
Daniel
I checked to see if Wise even sends money to Colombia. Colombia is not even in their list of countries. Why is it even advertising for Colombia?
I'm not sureOctober 10th, 2024
Bill Sanders
I have used Wise for several years. They once rejected a large transfer because it was to a coal company. Apparently, they are a woke company! But they refused to tell me why. More recently, they required verification of my identity using a smart phone. I am 69 and never owned a cell phone because I don't need one. But they forced me to buy one, which I did last week. Getting the phone updates ate up all my data, so i got 1 GB more. I took 12 different pics of my passport and another 12 of my face for them. They rejected them - and are holding up my transfer. Now my phone ate up that gig of data and I must buy another gig (thru Tracfone) just to use the phone. What a hassle. This is not a photo studio! They know who i am already.
Note: This comment has been edited by the MoneyTransfers.com team to align with our content guidelines.
No, I don't recommendOctober 3rd, 2024
Ziggy Meilus
It used to be always instant, now it may come right away or it can take 5 even 7 days to get the money.
I'm not sureAugust 30th, 2024
Anonymous
i've heard of people having issues with accounts being locked/restricted, but i think that was mostly for business accounts, maybe they were locked for good reason. for me, i've had no issue with my account though i've only used it for small transfers and not very often, over the past 5+ years
Yes, I recommendJuly 26th, 2024
Showing 10 out of 25 reviewsShowing 25 out of 25 reviews
WorldRemit user reviews
Would you recommend WorldRemit?
Andrew Judd
My account was deactivated.
No reason given.
I don’t have multiple accounts.
One recipient was a scammer and I deleted them.
I’ve helped out many friends with medical expenses. Wisdom tooth extracted 2500 and 1000 for some food. That’s all
Motorcycle accident 5000 that’s all
Flight home and medicine for grandfather 6000
That’s all.
The scammer offered a video. I don’t buy any videos
I’m visiting a friend who is a teacher and offered to pay 2600 for a flight and 16000 for luggage, swimsuit and rent on her place while she is off work and holidaying. Now I have to go to a post office and use western union
No, I don't recommendFebruary 12th, 2026
Terry Twala
Very efficient.
Yes, I recommendNovember 3rd, 2025
Anonymous
Very misleading, live exchange rate does not match with their app is showing. Fast and seems to be secure, I use them when I'm in need to send fund ASAP.
I'm not sureSeptember 4th, 2025
Anonymous
different price from shown here
I'm not sureJune 22nd, 2025
Anonymous
exchange rates on comparison website are quite high
No, I don't recommendMarch 31st, 2025
Anonymous
Only phone app.
No, I don't recommendFebruary 16th, 2025
Stanley Davidson
After setting up a valid account with all true and real identity, the system blocked me without any valid reason. Upon calling Customer Service & requesting a reconsideration & a valid reason why I was blocked, Customer Service said that I "violated some TOUs" (Terms Of Use) without stating exactly what I did. My ONLY action was an ATTEMPT to do a normal wire transfer. One can't do anything but to do a wire transfer, & it WAS NOT completed. How do they block my account for something, whatever it was, that I supposedly committed? When I requested the reason for the block they'd said that "it's Company policy to not provide reason(s) why an account is blocked", so exactly how am I supposed to not do something if I re-read their Policy against such action when I can't find why I was blocked? It was asked repeatedly why/what Policy(ices) was/were broken enough to cause the account to be blocked, but they'd completely refused to answer or acknowledge the question, they'd just kept completely silent. That ended the conversation because anything further would remain in total silence, so it was useless to ask anymore questions.
I will be 💯% posting this exact statement on www.trustpilot.com for the world to see how undeserving this company is when mistreating a customer for no valid reason. Please enjoy the review!!!
No, I don't recommendNovember 27th, 2024
Anonymous
Awesome service
Yes, I recommendNovember 26th, 2024
Anonymous
I cannot figure out how to fund my transfer with my bank account instead of a debit card. The Chat service took way to long to answer my questions. Frustrating experience.
No, I don't recommendNovember 8th, 2024
Robert Myles
Hi All
a good place to send money to ghana
Yes, I recommendNovember 3rd, 2024
Jake Reynolds
Is this company an app? Or does it run a proper website? Who knows? Customer service is only through their app so I am guessing that if you dont do 100% of your transactions through your phone, forget WorldRemit. I dont use my phone because after all the extra strong passwords, and bio id, and 2 step verify, and whatever comes next they are STILL UNSECURE.
No, I don't recommendNovember 2nd, 2024
Anonymous
The money I sent got stuck without a return because I couldn't provide a bank statement as proof. The bank account I was having didn't have that privilege. All requirements should be stated beforehand.
No, I don't recommendOctober 25th, 2024
Anonymous
app not working. tried to use on my smart phone and woudnt sign up.
No, I don't recommendSeptember 30th, 2024
Showing 10 out of 13 reviewsShowing 13 out of 13 reviews
The main cost difference comes from where you are and where you are sending money.
This is why we , as it all depends on your specific needs.
Who offers better exchange rate, WorldRemit or Wise?
Wise offers better exchange rates, since all transfers are made at the mid-market rate (the same rate you see on Google, XE, or our currency app).
However, in many cases, the markup added by WorldRemit is lower than the fees charged by Wise, meaning you are still getting a good deal with both companies.
Another reason to run a .
Who is faster, WorldRemit or Wise?
Wise is generally faster than WorldRemit.
Most transfers will arrive within minutes, sometimes stretching to a day. Larger transfers can take few days.
WorldRemit on the other hand usually takes a bit longer.
Is WorldRemit safer than Wise?
Both companies are regulated, legit, and are safe to send money abroad.
Wise is covered by more regulators worldwide, while WorldRemit is only covered by the FCA.
With 6+ years of hands-on experience in international money transfer services, Artiom has tested and analyzed dozens of companies, services, and apps firsthand. From sending money between the UK, EU, US, JP, and ID, to helping friends and family transfer large amounts abroad, he combines deep personal experience with industry insight.
He has worked on content and product at MoneyTransfers.com since 2019, with a focus on FX rates, transfer apps & companies, and comparison tools. His work has been featured in Forbes, Yahoo Finance, Decrypt, PoundSterling, and more.
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