5 Best Money Transfer Apps

Despite the wide array of choices available, finding the best money transfer app that you can trust with your money can be a challenging task. Depending on the developer, each app in this category differs depending on the developer, with variations in fees, transaction speed, supported currencies, and additional features.

So, what is the best money transfer app? In this review, we provide you with five top options of 2025 that meet high standards of security, convenience, and usability, based on our research.

Top Picks for Best Money Transfer Apps

The best online money transfer app is one that offers all the features you need, is secure, and is easy to use. We evaluated numerous apps in this category, so let’s compare the top picks that provide a high-quality money transfer service.

Wise

Trustpilot rating 4.3/5

Wise is an international money transfer app, making it a strong choice if you need to send money abroad. The app uses the mid-market exchange rate, which usually saves you more compared to using a standard bank service. Wise has been around for several years and is known for its reliability and strong security measures.

Transactions are completed quickly, but you should carefully review all fees before signing up. Fees vary depending on the amount sent, and using a credit or debit card to pay may result in higher fees. To minimize costs, it’s advisable to use a bank transfer. Another advantage of Wise is that there is no minimum transfer amount set by the company.

The service is available on both Android and iOS devices, and it also supports Google Pay or Apple Pay for convenience.

OFX

Trustpilot rating 4.4/5

OFX is a free money transfer app that supports both domestic and international transfers. It supports transfers in over 50 currencies to more than 170 countries, according to the company’s FAQs.

With OFX, you can easily perform bank transfers without paying an upfront fee. There is currently no maximum transfer limit, which makes it ideal for sending large amounts. You should keep in mind that exchange rates are not as transparent as some other apps, so you should be mindful of the markup. At the same time, OFX does allow you to lock in an exchange rate for your future transfers, which can help plan payments.

Transfers typically one or two business days but may vary depending on the destination country and currency.

Remitly

Trustpilot rating 4.6/5

Remitly is another best international money transfer app. It allows you to send money to over 170 countries and supports more than 100 currencies. Remitly offers two service options: Economy, which is more cost-effective, and Express, which delivers funds faster for a higher fee.

One notable feature of Remitly is the range of offered delivery options. In addition to direct bank deposits, you can use cash pickup and mobile wallet services. Transfers can be tracked in real time, and the app employs strong security measures.

Although the fees are transparent, they vary by country, so it’s important to review them carefully before sending money.

Cash App

Trustpilot rating 4.6/5

Cash App is a widely used money transfer app available for Android and iOS. This app allows users to send money via their linked bank accounts, debit/credit cards, or the in-app balance.

A distinctive feature of Cash App is the free debit card it provides, which can be used at various retailers. Cash App supports peer-to-peer transfers in the United States and the United Kingdom, but does not facilitate international transfers beyond these markets. Using a credit card incurs a 3% fee, and instant transfers come with an additional charge.

The app is highly user-friendly: you only need the recipient’s unique username, phone number, or email to send money.

Revolut

Trustpilot rating 4.6/5

The final safest money transfer app on our list is Revolut. With the help of this service, you can send funds via bank transfer or cards. Additionally, Revolut allows users to send gifts and split bills with others.

One of the key advantages is transparent fees and real-time exchange rates. Keep in mind that transferring large sums using Revolut may not be cost-efficient due to relatively high fees.

Revolut supports money transfers to over 160 countries for the UK version and over 140 countries for the US version, depending on your region.

How to Use a Money Transfer App

After choosing the most secure money transfer app, the next step is installing and setting it up on your device. Luckily, it only takes a few steps before you can begin using the service:

• Download the app: Most apps are available for both Android and iOS devices, so you can download them from the After choosing app store.
• Set up your account: To create an account, you will be asked to enter your name, provide your email and phone number, and create a password. Additional verification steps may be required depending on the app.
• Link your bank account, debit, or credit card: Decide how you prefer to add money to your account. You may need to make a small deposit to confirm your account.
• Enter the recipient’s details: Once your account is fully set up, you can send money to another person by entering their details in the corresponding field. Depending on the app’s requirements, you may need to enter the recipient's username, their email address, and phone number.
• Choose the transfer amount and send: Enter the amount you want to send and confirm your payment.

Pros and Cons of Money Transfer Apps

Do you wonder whether the benefits of using an instant money transfer app outweigh the drawbacks? Let’s review the general advantages and disadvantages of using such services.

Pros

• Being able to transfer and receive money quickly, even instantly;
• Convenient way to manage payments;
• Usually, lower fees compared to bank transfers;
• Support for international money transfers;
• Presence of other financial tools in some apps.

Cons

• Potential hidden fees in certain apps;
• Not all countries and currencies are supported;
• Requires a stable Internet connection.

Final Thoughts

There is no doubt that a mobile money transfer app offers unmatched convenience. You can send money quickly without visiting a bank, saving both time and effort.

Before you select one option, it’s best to carefully review the app’s fees, supported currencies and countries it covers, whether it has enough security features, and how quickly money is transferred. While all the apps mentioned here have a high customer satisfaction rating and a wide range of useful features, your final choice should depend on your specific needs and priorities.