Money transfer services have made businesses a whole lot easier. With them, you don’t need to worry about how your customer would pay you or how you can send money to Africa while living in America. These money transfer services have grown in large numbers that they now leave one spoilt for choice.
In this article, we’ll explore the top five money transfer services for small businesses. You’ll also find Collected.Reviews informative because it contains reviews about finance firms. This will also be of great help to you whenever you have to choose a money transfer service for your own business.
Below are the top five money transfer services for small businesses.
TorFX is a very popular money transfer service based in Australia and the United Kingdom. You can make use of this money transfer service for both local and foreign transfers. Its speed and organisation makes it a great choice for small businesses. It doesn’t cost a dime to sign up on TorFX. After signing up, you’re given a personal account manager that sees about your money affairs and guides you as you navigate your way through TorFx. Another beautiful thing about TorFx is that they charge low transfer rates.
XE is yet another amazing money transfer service. It is available in over hundred countries but it’s more famous in Canada and New Zealand. XE encourages online banking majorly. It is very unusual to hear a person talk about visiting a XE office. Most of their services are done online. There are a lot of beautiful things about this money transfer service that makes it a darling to small businesses. Its end to end encryption ensures that your information is secure, it also has account managers assigned to each registered account so as to oversee the affairs of the account.
Wise is mostly used for international transfers. Rates depend majorly on currency. Wise isn’t as fast as TorFX as it can take up to three days for money to get to the receiver. Asides this, Wise is a very good transfer service. It is oftentimes lauded for transparency and excellent customer care service.
WorldRemit is used in about a hundred and fifty countries, while it allows for the transfers of up to ninety currencies. WorldRemit encompasses both online and offline banking. Money transfer isn’t the only service WorldRemit also allows individuals to make deposits, transfers as well as mobile top ups.
Payoneer is one amazing money transfer service. Not only is it lauded for speed, efficiency and organization, it is also applauded for its regular improvements. Payoneer renders services to big firms like Upwork, Fiverr, Walmart and a lot of others. Payoneer’s clientele is a show of its perfect money transfer services.
We believe that you’ll no longer be confused on what money transfer service to use for your small business. These five money transfer services have indeed proven to be nothing short of the best. Enjoy them!