Top 10 Most Trusted Online Money Transfer Services

Take a look at the below list of Top 10 Most Trusted Online Money Transfer Services in the world 2017. The world has now adapted so well to digital transfers of information that it is now taken for granted. With few things is this more the case today than with money. Business people around the world use online transfers of funds for both large and small amounts and ned to know that when they make a transfer that it is both safe and it is going to get to its destination. With this in mind, there are a number of companies that have sprung up in the last few years that are dedicated to providing a safe, secure and reliable service that will get your money from place to place.

Many will not even charge you for the service but perhaps charge a processing fee from the original source. There is great competition between these services and so they have to compete with each other and create good deals in order to attract new customers and retain their existing customers. If a company attracts a client with a lot of money or influence then it can work out very well for them in the long run. This is why they need to keep them happy at all times. The worst thing they can possibly do is gain a reputation for being careless with money. If this got out after a mistake was made then it could very well be the end for the business. Reputations build and destroy online money transfer services.

This list takes a look at ten of the most trusted online money transfer services. There are of course hundreds out there to choose from and you should always get independent advice from your financial advisor. However, these companies are all good and all have great reviews on the internet. Check reviews out before you use them as, as has been said above, reputation is everything when it comes to online money transfer services. The list counts down from ten to one.

List of Top 10 Most Trusted Online Money Transfer Services in the world 2017

10. TransferGo

transfergo, Most Trusted Online Money Transfer Services 2017

TransferGo guarantees next day business delivery and prides itself on a good reputation when it comes to dealing with finances. You can be safe in the thought that you can send money to a destination from your home and it will arrive safely to its destination. The company guarantees the return of your money if you suffer some dispute or if there is a delay for some reason or other. The company even has a referral scheme so that for every friend who signs up the person will get $1 for every transaction that friend makes. The company works hard to maintain good relations with its customers and it seems to be working. It was launched in September 2012 and is located at Canary Wharf, London, UK.

9. Currency Solutions

currency solutions, Most Trusted Online Money Transfer Services 2018

This authorised money transfer service is particularly useful if you are paying contractors and want to be safe in the thought that it will get to them. It started in 2003, in the early days of dotcom and has grown rapidly since then. They also offer foreign exchange and try to offer a very good exchange rate so as to attract as many customers as possible.

8. MoneyGram International

moneygram international, Most Trusted Online Money Transfer Services 2019

MoneyGram is an American money transfer company based in Dallas, Texas. It is the second largest provider of money exchanges in the world and operates in more than 200 countries across the globe. Because of its size it is generally seen to be a trustworthy company. It is one of the oldest companies of its kind which is partly why it has become so big. It was founded way back in 1940. Service is very good and you can even arrange to be able to pick up money at any MoneyGram location across the world.

7. WorldFirst


WorldFirst is mainly concerned with quick currency exchange needs and money transfer requirements. It is availabel 24/7 online and is very convenient. There are no hidden charges and the company makes a big deal of looking after its customers as much as they need them. There is for example a constant customer service support line which is available all of the time. WorldFirst has become particularly well known for being used for very large sums of money that need transferring.

6. Halo


Halo is a quick, simple and effective way of transferring money online. They have very good record keeping services so that you can keep track of what you have sent and received easily and they even tell you the exchange rate and the amount that you have now compared to previously. There are no charges and it is generally known as being a quick and easy service for online money transfer. This is one of the Top 10 Most Trusted Online Money Transfer Services 2017.

5. Xoom


This San Francisco based digital money transfer service was founded in 2001 and is available across the world in 52 different countries. Technically they are part of Paypal who bought them out in 2015. They even now refer to themselves as Xoom: a paypal service. There are fees for using xoom and it is only availabel for US accounts. There is also a limit on the amount that you can transfer in any 24 hour period which has its security benefits, but it also has its down sides.

4. Skrill


There are various fees placed on skrill transactions but iut is a relatively cheap and safe and easy way to transfer money online. It is therefore very popular with all sorts of customers. With every transaction that goes by the fes become cheaper which works well.

3. Obopay


Once you have created an account using Obopay enables you to use your mobile phone to transfer money quickly and easily. This is a very good system and enables those with businesses ‘on the go’ or with mobile offices to keep alert through the day of what is happening to their finances.

2. Western Union


Western Union pride themselves on providing their customers with complete safety over their transactions. There is an advanced security system which you have to go through with every transaction. You are also allocated with a tracking number for each transaction so you can see where your money is at any one time and when it has left your account. There are fees and they vary depending on the amount that you are sending but this is only fair given the high level of security that they provide. It is a particularly useful service if you are transfering large amounts of money that you need to be safe. Money can be sent and received within a couple of minutes. They pride themselves on their speed, especially in relation to their high security checks.

1. Paypal


When it comes to online money transfer systems there is perhaps none that is more known or trusted than Paypal. It can be used to send large or small amounts and the dedictaed customer care team is always there if you have any problems that need ironing out. It is a fast and reliable service and because of its size is a very safe bet to use. Founded in 1998 as Confinity, Paypal is based in San Jose in California and has grown in profits and equity mosyt years, now being worth about $20 billion in total equity.

These are the world’s Top 10 Most Trusted Online Money Transfer Services 2017. In reality, there are many reputable and trustworthy online transfer services out there but in general you want one that you feel you can trust and bigger tends to be safer and better. If they have more customers then they have more money to spend on security and customer care.