The Best Way to
Send Money Internationally
17 November 2025
Discover the smartest, most affordable way to send money abroad. Explore how OTT Remit makes international transfers faster, safer, and easier for families and businesses.
In an increasingly connected world, sending money across borders has become a part of everyday life. Whether it’s supporting loved ones back home, paying for education abroad, or managing global business transactions, the need for secure, fast, and affordable international money transfers has never been greater.
But with so many transfer options available today, it can be hard to know which one is best. Let’s explore how internationally money transfers work, the main methods available, key factors to consider, and why remittance apps are quickly becoming the best way to send money internationally.
What Are International Money Transfers?
An international money transfer allows you to send funds from one country to another, typically converting your local currency into the recipient’s currency along the way.
These transfers are facilitated through financial networks such as banks, money transfer operators, or digital remittance platforms. The process involved three key steps:
- Initiating the transfer — you provide the recipient’s information and choose a payment method.
- Currency conversion — your money is exchanged into the destination currency at a specific rate.
- Delivery — the recipient receives the funds through a bank account, cash pickup, or mobile wallet.
Main Channels for Sending Money Abroad
There are several channels for transferring money internationally, each with its own pros and cons.
1. Bank Transfers
Banks offer wire transfers through global networks like SWIFT.
- Pros: Secure and reliable; good for large transfers.
- Cons: High fees, slower processing times, and less favourable exchange rates.
2. Money Transfer Operators
Companies such as Western Union, or MoneyGram, allow you to send cash that can be picked up in person.
- Pros: Extensive global reach; no bank account needed.
- Cons: High fees for cash transfers; less convenient for repeat transactions.
3. Online Payment Platforms
Services like PayPal, Wise, or Revolut provide online international transfers using digital accounts.
- Pros: Fast and easy to use; transparent pricing.
- Cons: Both sender and receiver often need an account; limited coverage in some countries.
4. Remittance Apps
Modern remittance apps such as OTT Remit specialize in global money transfers designed for convenience, low fees, and speed.
- Pros: Competitive exchange rates, low fees, instant transfers, and strong security.
- Cons: Requires internet access and app installation — minor trade-offs for convenience.
What to Consider When Choosing a Transfer Method
Before sending money abroad, it’s important to weigh a few key factors:
- Transfer Fees: Compare total costs — not just the upfront fees, but also the exchange rate margins.
- Speed: Some methods takes days; others, like remittance apps, deliver money within minutes.
- Exchange Rates: Even a small rate difference can significantly affect the amount received.
- Security: Always use licensed, regulated providers that use encryption and fraud prevention.
- Convenience: Look for platforms that allow transfers anytime, anywhere, right from your phone.
- Availability: Ensure the recipient’s country, currency, and payout method are supported.
Why Remittance Apps Are the Best Way to Send Money Internationally
Remittance apps have revolutionized the way people send money overseas. Designed for simplicity and speed, they combine cutting-edge technology with financial compliance to provide safe, low-cost, and efficient transfers.
Here’s why they stand out:
- Lower fees: Remittance apps like OTT Remit cut out the middlemen, offering better exchange rates and fewer hidden charges.
- Speed and convenience: Send money in minutes — anytime, from anywhere.
- Security you can trust: licensed and regulated, with end-to-end encryption to protect your funds and data.
- Transparency: You’ll always know the exact amount your recipient will receive before sending.
- User-friendly experience: Manage transfers, track transactions, and get customer support directly through the app.
With all these benefits, it’s no surprise that remittance apps are quickly becoming the preferred choice for individuals and families worldwide.
Final Thoughts
The best way to send money internationally depends on what matters most to you — cost, speed, convenience, or accessibility. Traditional banks and cash transfers still have their place, but for most users, remittance apps strike the perfect balance.
If you’re looking for a solution that’s fast, affordable, and secure, OTT Remit makes it easy to send money abroad and stay connected with the people who matter most.
Disclaimer: The views and opinions expressed by the authors in this publication are their own and do not necessarily reflect the views of OTT Remit, OTT Financial Inc., and the OTT Group of Companies. This publication is provided for general information purposes only and should not be considered as exhaustive or comprehensive in covering all aspects of the discussed topics. It is not intended to replace seeking advice from a specialist or professional.
How To Send Money with OTT Remit
Follow three simple steps to send money quickly and securely to loved ones anywhere in the world.
Sign up for an account
Enter your name and phone number to create an account with OTT Remit.
Enter money transfer details
Choose your destination country and select one of three remittance methods: Cash Pickup, Mobile Wallet, or Bank Deposit. Enter your recipient's information.
Pay for your transfer
Complete your remittance by making an INTERAC e-Transfer. It's that easy!
