January 22, 2017
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Money Transfers
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It's a fact that emergencies sometimes arise when you least expect them. If you have a friend or relative. that needs some financial assistance, it's good to know the best way to transfer your money.

Send Money With Xoom Today! Many money transfer services allow customers to send funds online, and have that payment directed to another back account or a money pickup location across the globe. This easy money transfer provides a tremendous amount of convenience, and saves the hassle of searching for and driving to a money transfer location where you may not feel entirely safe.

Online money transfers can be made from the convenience of a computer, using a credit card, debt card or bank account information. The money is then sent immediately to whomever you wish, for a fee. The fees for this service vary depending on the recipient country, currency and more.

However, not all money transfer companies are the same. In fact, some money transfer services are definitely worth avoiding. Before you send money online, you should consider the following:

  • Location. Will the money transfer service work with the bank you want to send to? If not, where can you send your money so that it can be picked up?
  • Cost. What are the fees involved with the money transfer? How fast can your money be moved? How does that compare to the competition?
  • Reputation. Does the money transfer service have a strong reputation in the marketplace? has reviewed and ranked the best money transfer services available today. We hope these reviews help you send money safely right away!


Money Transfer Reviews

5 stars
Xoom Best-In-Class Blue Ribbon Award

Xoom leads the pack with the latest in money transfer technology and pricing. Their customer policies are customer focused, and the fees are some of the lowest available. When you need to send money fast and far, Xoom is a great place to consider. Read More... Visit

4.5 stars


Ria makes transferring money simple and easy-to-understand. Their price calculator lets users know upfront how much it will cost to send money to more than 147 countries, with very reasonable fees for debit card, credit card, and bank transfers.
Read More... Visit

4 stars
Western Union


Western Union has historically been the go-to place for sending money. While you may pay a little more for their service, they've earned their reputation for being a reliable and safe way to send money to anyone, anywhere.
Read More... Visit

3 stars
Money Move It


Money Move It is a smaller money transfer company, but they offer low fees and solid business practices. If you're sending money in the U.S., they're worth your consideration. Read More... Visit

1 star
Money Gram


Recent years have been challenging for Money Gram's reputation. A combination of dealings in illegal activity and bad charges make them the least desirable money transfer company to do business with.
Read More... Visit

Somaliland:WorldRemit founder: "˜I lost my job to uncover UN fraud

Growing up in Somaliland, Ismail Ahmed saw the power of money transfers. He later learned the sector's potential for corruption Ismail Ahmed exposed alleged corruption in the UNDP's Somalia remittance programme. some people use their savings to start a ...

Published:  Sat, 21 Jan 2017 04:44:00 GMT

Feds Investigating Money Transfers & Communications Between Russia And Trump Associates

The New York Times is out with a story tonight which is little short of astonishing on the eve of a presidential inauguration. From the Times article... "American law enforcement and intelligence agencies are examining intercepted communications and ...

Published:  Thu, 19 Jan 2017 19:01:00 GMT

NPCI asks ICICI Bank to unblock transactions on PhonePe mobile wallet

Earlier media reports had also said that ICICI Bank was not the first lender which had blocked such applications, and said country's largest lender SBI had also blocked money transfers by its account holders to Paytm, Mobikwik and Freecharge. PhonePe ...

Published:  Sat, 21 Jan 2017 04:42:00 GMT

25 shops in Dubai caught for running remittance racket

The shop operators lured Bangladeshi expatriates with the offer of cheaper money transfers to their home country. The transactions were done using an app called "˜Bkash,' but the practice left the customers vulnerable to fraud. All 25 shops, which were ...

Published:  Sat, 21 Jan 2017 04:53:00 GMT

IDPH reports six cases of viral illness linked to rats

India's largest lender SBI had also blocked money transfers by its account holders to Paytm, Mobikwik and Freecharge. He said that the PhonePe app had been operational since August 2016 and none of these issues had been raised earlier.

Published:  Sat, 21 Jan 2017 04:29:00 GMT

Blockstream Makes its Case for Bitcoin-Powered Private Blockchains

A sidechain that many bitcoin exchanges have been integrating for faster money transfers, the project has been slow to see wider release - at least compared to the initial rosy projections of a Q1 2016 offering. But though Liquid is still not yet ...

Published:  Fri, 20 Jan 2017 18:52:00 GMT

Western Union agrees to pay $586m for fraud victims

The Federal Trade Commission (FTC) said in a complaint that Western Union received more than 550,000 complaints between 2004 and 2015 about scam-related money transfers that totaled more than $630 million. (Reuters)

Published:  Fri, 20 Jan 2017 18:49:00 GMT

As soon as he is inaugurated, Trump will move to clamp down on immigration

Aides are clearing the way for President-elect Donald Trump to take the first steps toward transforming the immigration system as soon as he takes office Friday, fulfilling a major campaign pledge while deepening the fears of immigration advocates about ...

Published:  Fri, 20 Jan 2017 14:50:00 GMT

Western Union to repay scam victims

Western Union said in a statement that fewer than one-tenth of 1 percent of all consumer-to-consumer money transfers in the past decade have been reported as fraud. The company said it has increased the amount it spends on compliance by more than 200 ...

Published:  Fri, 20 Jan 2017 11:51:00 GMT

Payments startup Dwolla raises $6.85M more, debuts Access API

Some news today from Dwolla, the startup that competes with banks (but has also sometimes worked with them) to provide payments and money transfers with reduced fees by way of more efficient software. The company has raised another round of funding of $6 ...

Published:  Fri, 20 Jan 2017 09:41:00 GMT




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