5 Best International Money Transfer Apps Reviewed [2023]

5 Best International Money Transfer Apps Reviewed [2023]

International money transfer apps allow you to send payments to friends, family and businesses all around the world, right from your phone or smart device. Money transfer apps are typically offered by specialists in digital transfers and multi-currency accounts – which means there’s a smooth in-app onboarding so you can get an account, get verified, and get your money moving, all without even leaving the house.

There are plenty of international money transfer apps available to customers in New Zealand. However, each has different features, fees, exchange rates and delivery times – comparing a few is the best way to find the right one for you. Read on to learn more about the 5 best international money transfer apps for New Zealand customers.

5 Best Online Money Transfer Apps in 2022

Here’s a quick summary of the best online money transfer apps 2022 for New Zealand – and what we love about them:

  • Wise: multi-currency accounts for personal and business customers, to hold 50+ currencies, send payments to 70+ countries, with the mid-market exchange rate
  • Remitly: great for low cost payments to friends and family, on popular remittance routes
  • MoneyGram: serves almost the entire globe, with bank transfers and cash collection payments – bank transfers usually arrive fairly quickly
  • Western Union: send personal payments almost anywhere in the world, to bank accounts or for cash collection
  • XE Money Transfer: send money to bank accounts in in 130+ countries, in 100 currencies – often with no transfer fee

To come up with our top 5, we’ve looked at customer review and rating data, from both the Apple App store and the Google Play store, so we can see which are the most popular according to existing customers.

There’s a more detailed look at each of our providers coming up next – first, an overview:

International Money Transfer Apps App Store Play Store
Ratings Number of Reviews Ratings Number of Reviews
Wise 4.6/5 27,000+ 4.1/5 249,000+
Remitly 4.9/5 1 million+ 4.8/5 575,000+
MoneyGram 4.9/5 380,000+ 4.6/5 80,000+
Western Union 4.8/5 586,000+ 4.6/5 264,000+
XE Money Transfer 4.3/5 5,000+ 3.5/5 112,000+

* Rating and review data was taken on 13th March 2023 from App store and Play Store

Provider 1 – Wise

  • Fees and exchange rates: mid-market exchange rate, and low transparent fees from 0.41%
  • Safety: Overseen by the DIA in New Zealand, and regulated by a broad range of bodies around the world
  • Speed: 50%+ of transfers are instant, 90% arrive in 24 hours
  • Customer reviews: 4.1/5 rating on Play Store, from 249,000+ reviews; 4.6/5 rating on the App Store from 27,000+ reviews

    Learn more about Wise

    Go to site


Wise offers one off and recurring international money transfers, and multi-currency accounts for personal and business customers. Create an account and get verified through the Wise app to start, and you’ll be able to send payments to 70+ countries with the mid-market exchange rate and low, transparent transfer fees.

If you’d like a full Wise multi-currency account you can open one online or in the app, to hold 50+ currencies, and receive payments for free from 30+ countries. There’s a linked debit card for easy spending and withdrawals, too. There’s no monthly fee or minimum balance to pay, so you can just use your account as and when you need it for travel, shopping with international ecommerce retailers, or sending international payments.

Wise international payments are typically quick, with more than half arriving instantly. You’ll see a delivery estimate in the app when you set up your payment, and can track the transfer in the app easily once it’s on its way. There are limits on the amount you can send per currency, but these are generally high. You can send up to 2.2 million NZD by bank transfer, for example.

Wise pros and cons


  • Mid-market exchange rates and transparent service fees
  • Send payments or open a multi-currency account in the Wise app
  • Transfers are fast – over 50% arrive instantly


  • Services, fees and delivery times vary based on destination
  • No cash pay out options available, transfers to bank accounts only
  • There’s a one time fee to open a business account or get a debit card
App Store Play Store
Rating 4.6 4.1
Number of reviews 27,000+ 249,000+
Availability 15 languages 15 languages
User experience Well rated user interface Well rated user interface

Go to Wise

Provider 2 – Remitly

  • Fees and exchange rates: fees vary by destination country and service – exchange rates may include a markup
  • Safety: registered on the Financial Services Providers Register in New Zealand
  • Speed: delivery times vary – express payments may be instant, while economy transfers can take a few days
  • Customer reviews: 4.8/5 rating on Play Store, from over 575,000 reviews; 4.9/5 rating on the App Store from 1 million+ reviews


Remitly payments can be made from 21 countries, to around 100 countries on popular remittance routes. Depending on the country you’re sending to you may be able to choose from bank deposits, cash collection, mobile money transfers or home delivery. Fees vary, but you can often select a faster Express service, or a cheaper Economy service depending on your preferences.

Remitly transfers are intended for personal use only. Limits apply based on your account tier, including maximum limits per day, 7 days, 30 days and 180 days. With a Tier 1 account, requiring just your basic information you can send up to 2,999 NZD per day, or 20,000 NZD per month. Upgrade to the Tier 3 account by uploading your verification documents and providing more details about your payments, to send up to 15,000 NZD per day, or 60,000 NZD every 180 days.

Remitly offers simple international transfers from large global economies, on common remittance routes. It’s extremely popular with its users, and can be a great way to get money quickly – and with a low fee – to someone on the other side of the world, even if they don’t have access to a bank account. However, as you can’t make business transfers, and Remitly payments can not be made from one send country to another, it’s not the perfect match for everyone.

Go to Remitly

Remitly pros and cons


  • Easy online and in-app payments – super popular with customers
  • Choose from different fee options depending on whether speed or cost is more important
  • Send money for bank deposit, cash collection, to a mobile money account or for home delivery


  • Exchange rates may include a markup, and fees do vary by service and destination country
  • Not all services are available in all countries served
  • Payments can not be made between send countries
App Store Play Store
Rating 4.9 4.8
Number of reviews 1 million+ 575,000 +
Availability 16 languages 16 languages
User experience Most customers report an easy user experience Most customers report an easy user experience

Provider 3 – MoneyGram

  • Fees and exchange rates: fees vary by destination country and service – exchange rates may include a markup
  • Safety: GLobal provider which is safe to use in New Zealand and around the world
  • Speed: depends on the destination country, usually from one hour to one business day
  • Customer reviews: 4.6/5 rating on Play Store, from 80,000+ reviews; 4.9/5 rating on the App Store from 380,000+ reviews 

MoneyGram offers payments to almost every country in the world, with variable fees and exchange rates. You can arrange your payment easily in the MoneyGram app, with a choice of delivery options depending on where you’re sending to. It’s usually possible to send payments to a bank account or for cash collection at a MoneyGram agent near to your recipient.

Payments direct to bank accounts can be fairly quick, depending on your destination country. Popular currency routes can mean transfers arrive in just an hour, with other destinations taking about one working day to land.

MoneyGram payments do have limits, which can vary based on the destination and market conditions. If you need to send more you may be able to through a MoneyGram agent – but the fees and exchange rates you get may be less favourable than those you’d get from sending in the app.

MoneyGram pros and cons


  • Send almost anywhere in the world
  • Good range of pay out options
  • Pay with card or by bank transfer within the app


  • Exchange rates will include a markup
  • Fees and services vary by destination country
  • Delivery times vary based on where you’re sending to
App Store Play Store
Rating 4.9 4.6
Number of reviews 380,000+ 80,000+
Availability English and Spanish English and Spanish
User experience Easy to use interface Easy to use interface

Provider 4 – Western Union

  • Fees and exchange rates: fees vary by destination country and service – exchange rates may include a markup
  • Safety: authorised and regulated around the world
  • Speed: cash collection payments can be available in minutes, bank deposits take up to 2 days
  • Customer reviews: 4.6/5 rating on Play Store, from over 264,000 reviews; 4.8/5 rating on the App Store from 586,000+ reviews 

Western Union is one of the world’s biggest money transfer companies, with services in person, online and through their app. You can make payments for cash collection, to bank accounts or to mobile wallets – and you can pay in the app by card or through a bank transfer to Western Union.

Western Union fees vary based on the service you want and the destination country. You’ll be able to see a quote and all your payment and delivery options in the app before you confirm. It’s good to know that the exchange rates can also vary based on the payment type, and will include an exchange rate markup.

Western Union customers with verified accounts can send 5,000 NZD in any 3 day period. If you need to send more you need to visit an agent location, which can mean higher fees. Western Union advises you only make payments to people you know and trust – never send to anyone you don’t know, as transfers can not usually be reversed once they’re initiated.

Western Union pros and cons


  • Send to almost any country in the world
  • Cash collection payments are almost instant
  • Easy to register an account and get started through the Western Union app


  • Fees vary based on service and destination country
  • Exchange rates include a variable markup
  • Not all services are available in all destinations
App Store Play Store
Rating 4.8 4.6
Number of reviews 586,000+ 264,000+
Availability 21 different languages 21 different languages
User experience The majority of users post 5 star reviews The majority of users post 5 star reviews

Go to site

Provider 5 – XE Money Transfer

  • Fees and exchange rates: exchange rates include a markup, a transfer fee may apply, but this is sometimes waived
  • Safety: registered financial services provider in New Zealand and also overseen by other authorities around the world
  • Speed: 1 – 4 days
  • Customer reviews:  3.5/5 rating on Play Store, from 112,000+ reviews; 4.3/5 rating on the App Store from 5,000+ reviews 

XE Money Transfer has been in business for over 25 years, and covers a really impressive range of nearly 130 countries and around 100 currencies. You can set up your payment in the XE app, where you’ll also be able to find handy information like live and historic mid-market exchange rates. XE Money Transfer doesn’t always charge an upfront transfer fee – this depends on where you’re sending to and the value of your payment. However, exchange rate markups will apply.

You can send up to the currency equivalent of 750,000 MZD from New Zealand with XE Money Transfer – and if you need to make a higher value payment, the team may still be able to help if you give them a call.

XE Money Transfer pros and cons


  • Huge range of countries and currencies
  • Easy to send payment in the XE app
  • Access currency data and information to decide when’s best to send your payment


  • Exchange rates include a markup
  • Delivery times aren’t always that great
  • You can’t pay in cash for transfers
App Store Play Store
Rating 4.3 3.5
Number of reviews 5,000+ 112,000+
Availability 11 languages 11 languages
User experience Relatively low number of reviews, but quite high ratings Relatively low number of reviews, but quite high ratings

What is the best app for transferring money?

There’s no one best international money transfer app – different options suit different customer needs. Here’s a quick overview so you can pick the best one for your specific payment:

App Name Best for  Fees Speed Transfer Limits Availability Operating System
Wise Mid-market exchange rate payments with transparent dees From 0.41% Payments can be instant 2.2 million NZD for bank transfers Hold 50+ currencies, send to 70+ countries Apple and Android
Remitly Personal payments on popular remittance routes Fees vary by destination and service Express payments can be instant, Economy payments may take a few days 2,999 NZD/day for a Tier 1 account – up to 15,000/day with a fully verified account Send from 21 countries, to up to 100 Apple and Android
MoneyGram Fast payments for cash collection Fees vary by destination and service From a few minutes to a day or so depending on the delivery type and destination Variable limits based on destination and service Send almost anywhere in the world Apple and Android
Western Union Cash collections all over the world Fees vary by destination and service Money in Minutes payments are almost instant, bank deposits may take 1 – 2 days 5,000 NZD in a 3 day period, with a verified account Send almost anywhere in the world Apple and Android
XE Money Transfer Huge range of countries and currencies available Fees vary by destination and service 1 – 4 days 750,000 NZD or currency equivalent 100 currencies, 130 countries Apple and Android


There are plenty of different international money transfer apps you might choose from – and each one will suit a different customer, with different payment needs.

At The Currency Shop you can compare providers transparently, to find the best money transfer service for your needs based on both the fees and exchange rates available. All information on The Currency Shop is updated dynamically so you know you’ll get the most up to date detail available.

Use this guide as a starting point to pick the right one for you – and don’t forget to check out the The Currency Shop  comparison page to get more live fee and exchange rate information.

FAQs – Best international money transfer apps

Which money transfer apps work internationally?

Many international money transfer services have apps – check out Remitly, MoneyGram, Western Union, Wise or XE as a starting point.

Which apps transfer money instantly?

Delivery times for international transfers do vary widely depending on where you’re sending payments to, and how you want them to be collected. For near-instant cash collections, check out Remitly or Western Union, and for fast transfers to banks, take a look at Wise.

Are money transfer apps safe to use?

All the providers we’ve highlighted in this review are fully licensed and regulated for the services they offer, making them a safe way to send your payment.

How do international money transfer apps work?

To make a payment with an international money transfer app you’ll need to create an account, and get a quote for the fees and exchange rate available. Pay with your card, or through a bank transfer, and your money will be on its way.

What is the easiest app to send money?

There’s no single easiest international money transfer app – use this guide to pick the right one for you based on our analysis and the customer rating information shared from Apple App store and Google Play.

Claire Millard
Fintech copy and content writer
Claire Millard is a content and copywriter with a specialty in international finance. Her work has featured in The Times and The Telegraph, as well as industry magazines and leading personal finance blogs.
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Ileana Ionescu
Content manager
With a background in business journalism, Ileana is an experienced content manager, creating content for Exiap that helps its audience make informed decisions about their finances.
Read more
Last updated
March 29th, 2023