Money Transfer Companies in the USA

USA flag

Find the cheapest way to transfer money to USA with our list of money transfer companies in USA. We only choose the top money transfer companies in the market.

Transfer money from USA to UK, EU, Australia, or Asia with 0% fixed fees, as well as excellent currency exchange rates for the dollar. Using our selection of the best money transfer services in USA, you can save up to 80% of the associated international money transfer costs, and enjoy better money transfer services than you get today with your bank or currency provider.

Best for Sending Money to the USA:

currencies-direct logo

Not available in all US states

Office on the east coast of the USA (Orlando, FL)

Annual transfers: Approximately $8bn

Expert broker consult

Extensive reach in Western Europe – offices in the UK, Spain and Portugal

No fees and no limit on the amount transferred

Visit Curencies Direct For Quote
Best for Transfers from the USA:


Available in all US states

Office on the west coast of the USA (San Francisco, CA)

Annual transfers: more than $20bn

Dedicated dealer + 24/7 Customer Support

4 Offices in APAC

No fees and no limit on the amount transferred

Visit OFX For a Free Quote

Worth noting: OFX is one of the very few money transfers companies that can onboard clients from all the states in the US. Currencies Direct can provide the best deal for clients sending money to USA.

The Guide’s Topics:

Best US Dollar Rates by Currencies Direct

CD logoWe have a special offer for our readers who are transferring money to USA – they are eligible for the unique, preferential, dollar rates with Currencies Direct, one of the best-known providers with the most comprehensive online system and exemplary money transfer service.

  • Having an office in the US, Currencies Direct can send money from the USA from the following states: California, Texas, New York, Illinois, New Jersey, Ohio, Pennsylvania, Maryland, Indiana, and 36 more States. The international money transfer service is not available for clients from Alabama, Hawaii, and Nevada. In terms of currencies, there are over 100+ supported. Top destinations to move large amounts from the USA to (for purposes like an investment, business, or relocation) are UK, Australia, South Africa, Japan, Italy, Spain, Germany, Canada, and Israel. Top destinations for remittances include China, Bangladesh, India, and Mexico. When you compare money transfer from USA to India, you have to bear in mind that with World First the price becomes better as much as you transfer more. So for small remittances, it might be best to use companies like Currencyfair or Transferwise where spreads are fixed.
  • We do not guarantee the accuracy of these quotes. The exchange rate constantly fluctuate and by the time you ask for a quote it may change.
  • The quotes presented are specific to the amounts transferred. You won’t get the same rate for a smaller transfer (but, on the other hand, you will always get preferential rates which are better than Currencies Direct’s default rates).
  • The offer is only valid for new clients which are currently not registered with the firm and sign up to it using this link.

Compare to Other USA Money Transfer Companies

Service Provider



currencies-direct logoMin. Transfer: £ / € 100.
Transfer: Online or by Phone.
Wire Fees: None.

Expected Rates* - All Amounts :
- GBP: 1.2370 USD to 1.2585 USD
- EUR: 1.1074 USD to 1.1266 USD
- CAD: 0.7212 USD to 0.7337 USD
CurrenciesDirect Review
transferwise logoMin. Transfer: £ / € 1.
Transfer: Online or using the App.
Wire Fees:Min. £/€ 2

Expected Rates* - All Amounts :
- GBP: 1.2559 USD
- EUR: 1.1243 USD
- USD: 0.9950 USD
Transferwise Review
Azimo logoMin. Transfer: No Limit.
Transfer: Online Only.
Wire Fees: £ / € 1 - 12 (Depends on Speed).

Expected Rates*:
- GBP: 1.2496 USD
- EUR: 1.1187 USD
- AUD: 0.6880 USD
- CAD: 0.7286 USD
Azimo review
hsbclogo2Min. Transfer: No Min.
Transfer: Online or by Phone.
Why Not? £30 in Fixed Fees. Wide Spreads on Exchange Rates. No Personal Assistance from Currency Dealer. Rated 1.1 / 10 by Clients on TrustPilot.

Exchange rate would be approximately *
- GBP: 1.2370 USD to 1.2496 USD
- EUR: 1.1074 USD to 1.1187 USD
- CAD: 0.7212 USD to 0.7286 USD
paypal logoMin. Transfer: No Min.
Transfer: Online.
Why Not? Costlier than Banks. Each Transfer Costs 2.9%+ to its Receiving Party, and 2.5% in Foreign Exchange Fees to the Payer.

Exchange rate would be approximately *
- GBP: 1.2307 USD or worse
- EUR: 1.1074 USD or worse
- CAD: 0.7212 USD or worse

* Expected Rates reflect our rate expectations based on our research. We do not guarantee accuracy. For some companies, we used a range of rates because they offer wholesale rates for large trades and higher rates for small trades.

Today’s Foreign Exchange Rates for USD

GBP to USD – Pounds to US Dollars; 10,000 GBP is 12,622.5000 USD

USD to GBP – US Dollars to Pounds; 10,000 USD is 7,922.3609 GBP

EUR to USD – Euro to US Dollars; 10,000 EUR is 11,299.9534 USD

USD to EUR – US Dollars to Euro; 10,000 USD is 8,849.5940 EUR

AUD to USD – Australian Dollar to US Dollars; 10,000 AUD is 6,949.9887 USD

USD to AUD – US Dollars to Australian Dollar; 10,000 USD is 14,388.5126 AUD

CAD to USD – Canadian Dollar to US Dollars; 10,000 AUD is 7,359.1572 USD

USD to CAD – US Dollars to Canadian Dollar; 10,000 USD is 13,588.5126 CAD

USD to CHF – US Dollars to Swiss Franc; 10,000 USD is 9,412.2400 CHF

CHF to USD – Swiss Francs to US Dollars; 10,000 CHF is 10,624.4634 USD

NZD to USD – New Zealand Dollar to US Dollar; 10,000 NZD is 6,581.4858 USD

USD to NZD – US Dollars to New Zealand Dollar; 10,000 USD is 15,194.1375 NZD

Read Our Article: The Dollar As A Global Dominant Currency

Popular USD Routes For Money Transfer Companies

Popular currency transfer routes for people visiting this page:

  1. Transfer from UK to USA (GBP to USD)
  2. Transfer from EU to USA (EUR to USD)
  3. Transfer from USA to EU (USD to EUR)
  4. Transfer from USA to UK (USD to GBP)
  5. Transfer from Australia to USA (AUD to USD)

Why Send Money to a US bank account?

The US Dollar is the most popular currency in the world in terms of trading volumes. Part of that trading volume could be attributed to speculators and national banks, but a significant portion of it comes from individuals and businesses that are sending money to USA through money sending services in USA.

Business: Over $1.64 trillion have been exported from the USA in 2014. Over $2.37 trillion have been imported into the USA in the same year. The vast majority of international businesses, from sole traders to large corporations, deal with US Dollars, and would lose substantial sums of money if they were to use bank rates.

Expats & Immigrants: The number of immigrants and expats residing in the USA passed the 40 million mark some years ago. The land of the free is a popular destination for all the right reasons: Top-notch universities (43 out of the top 100 universities in the world are American), it is a top 20 country in the world (Quality-of-life Index ), a homeownership rate of almost 70% not to mention it is well paid with an affordable cost of living (LA is almost similar to Amsterdam). Many immigrants are also moving to and transferring money to Canada, which is arguably a better place for immigrants (view comparison). Read more with our Legal USA EmigrationGuide.

Real Estate: Since the world financial crisis in 2008, the US economy is growing stronger. The unemployment rate is decreasing and most cities appear to be on the right track. Those who invested in purchasing real estate in the United States back then were able to buy a house in Miami, FL, for about 55% of what it previously sold for. Since then, the property has constantly increased in value to be where it was before the crisis.

According to Forbes, the top 3 cities to look for in the US are San Francisco, New York and Los Angeles. But why these cities in particular?

San Francisco – Nearby Silicon Valley, has spurred interest in the city and secured its place as one of the country’s best performing housing markets.

New York – It is New York, nothing special happening. Is just keeping the image of the city where everyone wants to leave at least a short period of their lives.

Los Angeles – The Chinese have invested close to $5.9 billion in recent years and specialists predict that more money will come from other investors as well.

Thinking Of Relocating To The US?

If you consider moving to the USA and live there as an expat, you may find the following information helpful.

Advantages of Moving to USA:

  • Low Inflation: 0.7% currently, which does not fluctuate a great deal.
  • FAFSA: United States student loans, although burdensome because of tuition costs give those who want to attend university the opportunity to do so. This has produced a 40% rate of Americans holding college degrees.
  • High Hourly Minimum Wage Rate: $7.25 USD per hour.


  • Expensive Education: The average university tuition per year is 10,000 USD.
  • Expensive Health Care: On average, the U.S. citizen who is not eligible for Obamacare has to pay 3,000 USD per month in health insurance that does not include dental and vision.
  • High Cost of Living: Average rent in the USD is 2,000 USD per month. The average salary is 35,000 USD per year. Combined with rent and salary, there is not much left for the quality of life in the generations graduating university trying to start families.

Popular Destinations in the USA:

Popular cities for business and real estate transactions from abroad, in the United States: New York City (NY), Los Angeles (CA), Boston (MA), Austin (TX), Huston (TX), San Francisco (CA), San Jose (CA), Portland (OR), San Diego (CA), Chicago (IL), Washington DC, Bridgeport (CN), Atlanta (GR).

How expensive are US banks for overseas money transfers?

The USA has embraced the ideals of capitalism more than any other nation on Earth. Most businesses aim to maximize profit in any way they can. No entity does this more efficiently than America’s banks – allow us to demonstrate.

Take Bank of America, for example – let’s say you need to send 10,000 CAD for a down payment on a Montreal condo. As of April 1, 2019, at 12:56 am GMT, they were charging a rate of 0.7882. This transaction will cost you 7,882 USD – now, that might not sound bad, but compare that to 0.7468, the worst rate on offer at

Go with them, and you’ll only have to commit an average of 7,468 USD. That’s more than a 400 USD difference – enough to buy a piece of furniture for the new place.

How to Send Money with Money Transfer Companies

Using a money transfer company

1. Have the following details ready (your currency dealer can assist you, but it will make the transfer quicker):

  • Name of the person sending the money.
  • IBAN number of the receiving account.
  • Routing Number / BIC number of the receiving account.
  • Amount sent.
  • Purpose of the transfer, and the relation between transferring individual and recipient.
  • Name of account holder on the other end.
  • SWIFT code (BIC) of the recipient.

Please note: Due to compliance with Anti Money Laundering laws, the process of setting up a verified account is somewhat similar to the one banks have when they take on new clients. That means that clients from some regions (outside the EU) will have to supply multiple documents in order to register. Even though it may strike that this method is not the easiest way to send money to the USA, it is most certainly the cheapest way to do so.

2. Receive a free quote (either through the online system with default rates or via telephone where the rate is somewhat negotiable).

Once you have compared it to the bank, and to other companies you’ve tested, and you feel content with it, you can accept it. At that moment the currency exchange rate is locked, and you have to transfer money domestically to the money transfer company via bank wire. When they receive it, they will exchange your money to or from USD, and send it to its global destination.

Our Recommended Money Transfer Companies:

Regulations and taxes on USA Money Transfers

The US Dollar (US$) is the most widely traded currency in the world. It is free-floating, fully convertible, and free from any exchange controls. However, foreign exchange regulations are set at a state level and must be done through a financial institution in the state in which you are trading.

The Federal Reserve System

The USA is divided into 12 territories or districts, each with its own Federal Reserve Bank. The Board of Governors of the Federal Reserve System (the Fed) oversees the financial system at a national level. Also at a national level are the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency, which monitors the banking sector, as well as the US Securities and Exchange Commission (SEC), which regulates capital markets.

Transfer regulations

There are no transfer restrictions on money going in and out of the USA. However, each of the 12 districts has specific regulations, and any foreign exchange companies must be verified in their district or state. Thus, corporations such as Moneycorp – which is only registered in Florida – can offer foreign exchange only in Florida, New Mexico, Indiana, Wisconsin and South Carolina. Other corporations, such as Currencies Direct, are registered with the majority of states, can offer its money transfer services to 90% of USA residents.

Taxation on foreign income

US residents are taxed on any foreign income. Non-residents are taxed only on income originating in the USA. Double tax treaties are in place to avoid double-taxation.

Biggest banks in the USA

  • JPMorgan Chase
  • Bank of America
  • Citigroup
  • Wells Fargo
  • U.S. Bancorp
  • The Bank of New York Mellon

No matter if you are doing business or have friends in the United States, you can rest assured that sending money to the USA is not going to be a hassle. So, start worrying about other things because you now know how to transfer money to the US with zero fees.