Revolut's online money transfer services come with zero fees when transferring funds from your Revolut app to other international banks with a wire transfer. What started in 2015 as a digital bank that offered cheap currency exchange rates and a travel card has evolved into a fully-fledged bank accessible in multiple countries worldwide. It is also a digital bank with multiple financial services and products, including currency exchange. This money transfer app doesn't just stop at sending and receiving money. RevolutĪnother great app for instant money transfers is Revolut. For more information, check out our Wise review. Unlike banks and other money transfer service providers, Wise doesn't charge a markup on its international money transfer product.
#Money transfer app plus#
In terms of fees, Wise charges relatively low fees of around $1 for sending money to most supported countries, plus other bank account and credit or debit card-related fees. Wise allows you to send and receive funds cheaper and faster than old school money transfer solutions as you can convert, hold, send and receive over 50 currencies on Wise's mobile app.
In terms of design, the Wise website is built to be intuitive as its homepage comes with an easily accessible costs calculator and an FAQ that gives novice users an easy navigation experience. With Wise, you can send money internationally from the U.S to 80 countries worldwide, making Wise a sort after solution for users looking to make inexpensive money transfers internationally. Wiseįormerly known as TransferWise, Wise is a money transfer app that offers one of the cheapest ways to send money online and across borders. In this section, we focus on three money transfer apps that offer various features while investigating their fee structure, speed, and other convenience functions. Picking the best money transfer app can be a bit tricky, considering they all come with a variety of features, fee structures, and user interfaces.
#Money transfer app android#
You can also set up a fingerprint level of security on a money transfer app for iPhone or Android devices.
The best apps for money transfer will feature encrypted transactions and bug fixes designed to protect you from malicious attacks. Security of funds is also a top feature you get to enjoy while using an app to transfer money. On some applications, you can set up automatic payments such that all your invoices are paid out in time, thus adding to the ease of use you get to enjoy. You can send money online instantly to several recipients and keep track of the payments. With a money transfer app, you can easily keep track of all your transactions under one roof. In contrast, traditional brick-and-mortar money transfer services such as Western Union feature varying fees depending on where you send the money. While the cost of moving money around with money transfer apps differs from one platform to the other, the fees you end up paying, in general, will be way cheaper, especially when compared to conventional means.įor instance, a money transfer service such as Paypal will charge zero fees for instant delivery of funds sent to family and friends. Compared to conventional means such as where international money transfer processes take days, this is much better and more convenient. The best money transfer services feature a reliable and fast transactional process that usually takes less than traditional services. With the best app for money transfer, you get to send and receive money from anywhere and benefit from speedy transactions that are fulfilled in a matter of minutes as opposed to days. Here are some of the benefits you stand to gain from using a money transfer app. You can do this from the comfort of your home or even while walking on the street. The reason is that these online money transfer services not only allow you to send money to friends and family but also to make international money transfers with ease. There is a reason why the best apps for money transfer get the highest rating.
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