How to send money overseas in person with a company like Western Union, Moneygram, Xoom, Remitly and Skrill

Prior to the internet, there were non-bank companies that provided customers with a fast, dependable, and convenient means of sending money to their families back home.

These companies are sometimes called remittance companies.

See our page on “What is Remittance?” to understand exactly what remittance is.

According to their Trustpilot ratings, Western Union has 4/5 with over 59k reviews; MoneyGram has 4.5/5 with over 36k reviews; Xoom has 2.2/5 with over 22k reviews; Skrill Money Transfer has 4.7/5 with over 12k reviews; and Remitly has 4.1/5 with over 42k reviews as of 2024.

Western Union is the most famous for this, but there are many others. Traditionally these services had physical locations at both ends, but the internet has meant that payments at both ends can be made online or in person and some even offer to pick up your cash.

For sending a few hundred dollars back home these services can often be the best option – but if you want to send more than a few hundred dollars and your recipient has their own bank account, using a money transfer company will be cheaper.

Typically a remittance company charges between 6% and 9%, while a money transfer company charges around 1.5% and even less depending on the amount you send (this includes fees and exchange rates).

However, in recent years competition has increased substantially and companies like WorldRemit (review) are growing like crazy because they are reducing costs of send money to others by using partners in different countries.

This extra cost (apart from WorldRemit) is what you pay for the convenience and if you can do all your business online (you and the recipient have a bank account) a money transfer company is a much cheaper option.

As mentioned, some of these services offer several benefits such as cash pickup or even home delivery which can be a huge benefit to some people.

Beware: Fraudsters tend to love money transfer scams that involve cash.

But not all services deal with cash. Wis for example does not. In our article: Is Wise Safe? we go into detail at the measures services go to help with the safety of their customers.

How to Send Money Overseas using a Remittance Company

How to Send Money Overseas with a Remittance Company

Western Union

Western Union is not a new company, it started back in 1851, when it offered telegraph service in the United States. However, in recent years, Western Union has emerged as a leading financial services company that includes instant money transfer and physical locations everywhere on almost any country in the world.


MoneyGram operates in a similar way to Western Union in that when a sender initiates a transfer, whether in-person at a MoneyGram outlet or online, they receive a “Reference Number.” This reference number must then be shared with the recipient.

To receive the payment, the recipient can go to any MoneyGram location and present their identification along with the reference number.


Founded in 2001 and purchased by PayPal in 2015, Xoom (review) is a relatively new company that offers international money transfer service from US, Canada, UK and Europe to over 130 countries around the world. Unlike Western Union and MoneyGram, senders cannot go to a physical outlet of Xoom to initiate the international money transfer. Xoom only offers its services through its online portal.

Xoom also offers cash payouts, mobile top ups, home delivery (depends on the location) as well as bank transfers.

Xoom charges the sender based on the chosen payment option.


Remitly enables immigrants to the developed world who want to send money home through either a fast (express) option or and economy option.

Fees are kept low especially if you consider the convenience, speed and ability for recipient to receive cash.

They are also very flexible when it comes to funding your transfer which can be done though a credit card, debit card, or bank transfer.

We uncovered a lot more in our review of Remitly here.

You might also like Remitly Vs Xoom because Xoom allows you to send money to family members in both developed and developing countries whereas Remitly is limited to just sending money to developed countries.


Formally known as MoneyBookers, Skrill (review) has emerged as a big player in money transfers and is becoming competitive in other areas and even competes with PayPal in most areas.

However Skrill also offers a Prepaid Mastercard to its European customers and even enables you to buy and sell crypto.

Sending money with Skrill can be done in two ways. One option is quite competitive on fees, speed and service. The other option is best avoided.

While using remittance companies can offer faster transaction times and competitive fee structures compared to traditional banks, these companies often have sending limits due to anti money laundering regulations.

However, sending large sums can turn out to be expensive due to the percentage based fee structure of these companies.

Compare all the money transfer options here.

Anyone who is wanting to send money overseas from bank to bank account we highly recommend looking into money transfer companies as a much cheaper option.