The 5 Best Ways to Transfer Money Internationally in 2025
Global transactions have become an integral part of modern finance, with businesses and individuals constantly transferring funds across borders. Whether you’re paying for international services, supporting family abroad, or making business payments, choosing the right money transfer method is crucial.
As financial institutions continue to enhance their cross-border payment solutions, customers now have multiple secure and efficient options. From traditional wire transfers to modern cryptocurrency transactions, understanding the best methods ensures cost-effective and seamless international transfers.
Here are the five best ways to transfer money internationally in 2025.
As financial institutions continue to enhance their cross-border payment solutions, customers now have multiple secure and efficient options. From traditional wire transfers to modern cryptocurrency transactions, understanding the best methods ensures cost-effective and seamless international transfers.
Here are the five best ways to transfer money internationally in 2025.
1. International Wire Transfers
Wire transfers are one of the most secure and widely used methods for international money transfers. At Cheque Express, we offer multiple banking options for international wire transfers, including traditional bank-to-bank transfers and convenient cash pickup locations for added flexibility.
These transfers are facilitated through networks like SWIFT or Fedwire and often involve intermediary banks, ensuring an extra layer of verification and security before reaching the final recipient.
Benefits:
- Highly secure and reliable, with stringent banking regulations.
- Direct bank-to-bank transactions with tracking options.
- Suitable for large transactions, including corporate payments and real estate investments.
- Available in multiple currencies, reducing currency conversion challenges.
Potential Drawbacks:
- Processing times may vary depending on the banks involved and the recipient’s country.
- Higher transaction fees compared to other transfer methods.
- Some banks may impose restrictions on daily or per-transaction transfer limits.
Ideal For:
- Business payments and trade transactions requiring traceability.
- Large personal transfers, such as property purchases or education expenses.
- Individuals or corporations prioritizing security over speed.
2. International Money Orders
Money orders are a traditional but reliable method for sending funds internationally. They function similarly to a check and can be purchased from banks or post offices, then mailed to the recipient, who can cash them at a local financial institution. Money orders remain a preferred choice in regions with limited access to digital banking infrastructure.
Benefits:
- Secure, as money orders are prepaid and cannot bounce like a check.
- No need for a bank account to send or receive funds, making them accessible.
- Can be tracked and replaced if lost or stolen.
- Ideal for individuals who prefer non-digital transaction methods.
Potential Drawbacks:
- Slower than digital or wire transfers due to postal delivery times.
- Limited availability in certain countries or financial institutions.
- Maximum transaction limits may restrict large fund transfers.
Ideal For:
- Sending small to medium-sized amounts for personal transactions.
- Individuals without access to digital banking.
- Secure payments for goods and services, especially in remote areas.
3. International Bank Transfers
International bank transfers allow customers to send funds directly from their bank account to another bank abroad. These transfers can be initiated through online banking platforms, mobile banking apps, or in-branch services. Unlike wire transfers, international bank transfers may utilize domestic and international clearing networks to streamline processing.
Benefits:
- Convenient and accessible through multiple banking channels, including mobile apps.
- Safe and regulated under international banking laws, reducing fraud risks.
- Competitive exchange rates offered by banks, especially for priority customers.
- Can be scheduled in advance for recurring payments.
Potential Drawbacks:
- Some transfers may take longer to process, depending on the recipient’s bank.
- Exchange rate fluctuations can affect the final amount received.
- Fees may be higher than online-based alternatives, depending on the bank’s policies.
Ideal For:
- Individuals and businesses seeking a straightforward, secure transfer method.
- Recipients who prefer funds deposited directly into their bank accounts.
- Payments for services, investments, and overseas salary disbursements.
4. Foreign Currency Demand Drafts (FCDD)
A foreign currency demand draft is a prepaid draft issued by a bank in a foreign currency. The recipient can deposit the draft in their local bank, where it is processed and converted into their domestic currency. Demand drafts provide an added level of security and assurance for international payments.
Benefits:
- Secure and non-reversible once issued, reducing fraud risks.
- Offers a cost-effective way to transfer large checks with minimal transaction fees.
- Can be couriered internationally for added security, ensuring controlled delivery.
- Exchange rates are often locked in at the time of issuance, mitigating currency fluctuation risks.
Potential Drawbacks:
- Longer processing times compared to electronic transfers.
- Requires physical handling and courier services, adding logistical complexity.
- Limited usability in some modern banking systems that favor digital transactions.
Ideal For:
- Paying university tuition fees abroad with documented proof of payment.
- Large business transactions requiring a guaranteed payment method.
- Individuals seeking a reliable alternative to electronic transfers.
5. Cryptocurrency Transfers
Cryptocurrency transfers have gained popularity as an alternative way to send money internationally. Using decentralized blockchain technology, cryptocurrencies like Bitcoin, Ethereum, and stablecoins offer a fast and secure way to transfer funds across borders without intermediaries.
Benefits:
- Near-instant transfers, regardless of geographic location.
- Lower transaction fees compared to traditional banking systems.
- Increased privacy and security with blockchain encryption.
- No reliance on traditional banking systems, making it accessible worldwide.
Potential Drawbacks:
- Price volatility may impact the final value received.
- Limited acceptance in some countries due to regulatory restrictions.
- Requires digital wallets and technical knowledge to operate securely.
Ideal For:
- Tech-savvy individuals and businesses looking for a fast and low-cost alternative.
- International freelancers and remote workers receiving payments globally.
- People in regions with limited access to traditional banking systems.
Conclusion
Choosing the right international money transfer services depend on factors such as urgency, cost, security, and the recipient’s preferences. Wire transfers, bank transfers, and digital banking platforms offer secure and efficient solutions, while money orders, demand drafts, and cryptocurrency provide alternative options based on accessibility and convenience. As international transactions continue to evolve in 2025, banks remain committed to providing seamless and efficient cross-border payment solutions tailored to their customers’ needs.
Transfer Your Money Anywhere With Cheque Express!
Cheque Express is a trusted financial services provider specializing in check cashing, money transfers, commercial cheques, and bill payments. We offer a fast and convenient way to access your funds, whether you’re cashing a personal, payroll, or business check. With multiple money transfer options, you can easily send funds to family and friends across the globe. Our bill payment service ensures your bills are paid on time, helping you avoid late fees while simplifying your financial management. Contact us today!
Frequently Asked Questions
- What types of international money transfers does Cheque Express offer?
Cheque Express offers a variety of international money transfer options, including wire transfers, cheque cashing, and more. Whether you’re sending money to family or making a business payment abroad, we have secure and reliable methods for all your international transfer needs. - How long does it take to transfer money internationally with Cheque Express?
The time it takes for an international transfer can vary depending on the method chosen. Wire transfers typically take 1-2 business days. - Are there any fees associated with international money transfers through Cheque Express?
Yes, there are fees associated with our international money transfer services. Fees vary depending on the transfer method, destination, and the amount being sent. Please contact us for a detailed breakdown of the fees for your specific transfer. - Can I send money internationally to any country using Cheque Express?
Cheque Express can facilitate international transfers to a wide range of countries. However, some countries may have restrictions on certain types of transfers or require specific documentation. We recommend checking with our customer service team to confirm if your destination is supported. - Is my money safe when I use Cheque Express for international transfers?
Absolutely. Cheque Express uses secure methods for all money transfers, ensuring your funds are safely delivered. Whether using wire transfers, checks, or any other service, we comply with industry standards to protect your money and provide tracking options for added peace of mind.
