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15 Best Ways to Send Money in 2024

by Editorial Team
Published: Last Updated on 279 views

Are you looking for best ways and apps to send money ?

In this article, we are going to share some of the best and affordable ways to instantly send money online. So, lets explore it.

15 Best Ways To Send Money

1. Venmo

1. Venmo

A popular iOS and Android app. Money transfers are simple, enjoyable, and free. You can send up to $60,000 per week once your identity has been verified. The app charges a 3% transaction fee.


When linked to a bank account or prepaid debit card, money can be sent and received for free. Even though Venmo allows for instant payments, the funds may take one to three business days to reach your bank account.

Furthermore, sending money to a debit card in 30 minutes costs 1.75%.

Read: How To Send Money on Venmo?

2. Cash App

Cash App

This money transfer app provides a referral bonus. When someone registers and sends money using your referral code, you will receive a $5 bonus.

Cash App allows you to send and receive cash for free using your linked bank account or debit card. Sending and receiving money is free. To use the Cash App, you must have a bank account.

Instant withdrawals to your debit card will cost you between 0.5% and 1.75%. The funds will be deposited into your bank account within one to three days.

You may not send more than $1,000 in a 30-day period. If you use a credit card to send money, you will be charged a 3% fee.

3. Western Union

Western Union

The biggest money transfer business in the world is called Western Union. On the Western Union website or mobile app, you can send money using a bank account, debit card, or credit card.

It provides transfers, which are among the most expensive services available. Only a few options provide same-day or next-day delivery. Some online transfer options may take several business days to arrive.

4. PayPal


One of the most popular apps for online money transfers is PayPal. It has a $20,000 transfer limit. In contrast to bank account payments, which are free, credit card payments cost 2.9% of the amount sent plus 30 cents. While the bak account transfers are free.

There are more than 400 million active accounts around the globe. Transfers between PayPal accounts in the US are not charged. A cap of $10,000 applies to transfers that are up to $60,000 in total. You can also use a linked debit card to pay for an instant transfer.

5. Wise (Formally Transferwise)


Wise sends money to about 80 different countries from the United States. From signup to delivery, it is a user-friendly web experience with exchange rate markups. Instead of creating a login for a specific website, you can sign up using your Apple, Google, or Facebook account.

Prior to Wise receiving your funds, your exchange rate is guaranteed. In most cases, there are two fees: an exchange fee, which is typically less than 1% of the amount you send, and an upfront fee, which is a fixed amount that rises in value as you send more money. It was predicted that more than half of the shipments from the US to the target nations would take two days.

6. Zelle


With Zelle, you can quickly transfer money between bank accounts at various financial institutions. More than 100 million people are already connected to it, and it is integrated with more than 1,000 financial institutions. There is a standalone version of Zelle if your bank is not a part of the network.

You’ll require a US bank account in order to fund and receive payments. Although Zelle does not impose fees, any of its partner banks may. Some of the biggest banks set a daily transfer limit of $2,000 or $2,500, though restrictions vary by bank.

If your Zelle account or password is stolen, you might not be protected if you use the service to send money. If you send money to the wrong person or transfer the wrong amount, you might be out of luck. The app is not meant to be used to buy or sell items.

7. OFX


It is most effective for large international transfers. There is no limit to the amount you can send, and neither sending nor withdrawing costs anything. OFX allows you to send money from the United States in more than 50 different currencies at current or target exchange rates.

On OFX, the minimum transfer amount is $1,000. Consumer costs include exchange rate markups that are higher than those charged by other providers. Typically, delivery takes a few business days.

8. MoneyGram


MoneyGram is the cheapest option for a bank-to-bank transfer. MoneyGram’s extensive network includes more than 200 countries and territories. Transfers to bank accounts in different countries can be made in an hour or one business day using an online or mobile app. Other providers can take several business days to transfer money to banks.

The average fee for sending $200 to $1,000 in the countries we surveyed ranges from about $6 to $14, depending on the sending and receiving methods. MoneyGram charges a markup on exchange rates that can range from about 0.60% to nearly 8.44%. You can send between $10,000 and $15,000 in a single transaction.

9. Xoom


Within minutes, money is transferred to foreign bank accounts in some nations. Xoom works with major banks to deliver money to bank accounts, cash pickup locations, and mobile phone reloads. It is accessible in more than 160 countries and lets you send up to $100,000.

Although Xoom makes money from exchange rates, it provides better rates for sending larger amounts to specific countries. Using a debit or credit card may result in higher fees overall. Transferring money between bank accounts is sometimes free.

10. Google Pay

Google Pay

For those who have a Google account, Google Pay is accessible on iOS and Google Play. It can be used to send money to friends and family members as well as to make contactless purchases in shops or online. Similar to other options, Google Pay deducts money from a debit card or bank account that you link within the app.

Google allows you to send up to $5,000 over the course of seven days (or $500 if your identity cannot be verified). You can divide costs like rent or a meal by creating groups in Google Pay. It functions best when multiple people divide payments or bills. The use of credit cards as a form of payment is not permitted.

11. Xe Money Transfer

XE Money Transfer

It allows international payments on their website and app. XE is part of the Euronet Worldwide Group, one of the largest money transfer businesses in the world.

You can send money to 130+ countries directly to the recipient’s bank account. Cash pickup is only available on the Xe app (at a specific store, Xe branch, or selected partners).

You can add unlimited recipients easily. It charges $3 for transfers below $500 for all international transfers and no fees for transfers above $500. Transferring funds can take up to four working days.

12. Bank Wire Transfer

Best Ways To Send Money

For domestic transfers of $10,000 or more, this method works best because it quickly moves large sums of money between banks. The quickest way to send a sizable amount of money might be through a wire transfer through your bank.

According to a study of major banks, the average cost of sending a domestic wire is $25, and the average cost of receiving one is $15. P2P apps are convenient, but the most you can send in a single transfer is typically between $1,000 and $10,000.

13. Remitly


Remitly, an online money transfer service, allows you to send money from the United States to over 90 countries, primarily in the Americas. Some countries allow you to send money for as little as $3.99 or for free if you send more than $1,000. You can only transfer $30,000 per month.

14. WorldRemit


Users of WorldRemit can send money to individuals in more than 130 countries for some of the lowest cash transfer fees available. Depending on the service you use, some exchange rates are different, and fees could be slightly higher or lower. Depending on where you send the money, transfer fees change.

The majority of transfers happen instantly or almost instantly; depending on where you are, home delivery could take up to seven days. The nation from which the funds are being sent determines it. You can send up to $5,000 per transaction and a total of $9,000 every 24 hours if you send from the United States using a debit, credit, or prepaid card.

15. Revolut


Revolut is a London-based online banking service that offers a range of banking services via a mobile app, including international money transfers. Over 100 countries can receive payments in over 30 different currencies.

With Revolut, you can keep 30 different currencies in your account for no additional cost, which is helpful for cross-border transfers. It is best to plan your transfer for the week to avoid the markup. Payments made outside the SEPA region incur fees for international transfers to recipients who do not use Revolut.

Wrapping Up

Bank transactions are still a good way to send money. But what makes these online apps the best is that they provide you with ease, a quick way, a less time consuming process, and a good money transfer security system.

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