Who are we?

Exchange Rate IQ is an online platform which provides you with the review and comparison of some of the best money transfer companies. The remittance experts working with us keep researching on the companies, remittance market and provide information to users.

While keeping technological advancement, we try to find the cheapest transfer service provider which can be the alternative of traditional methods such as wire transfers and foreign checks. These advanced options help you to save on fees, obtain best exchange rates and reduce transfer time.

How Are We Helping You !

The international money transfer market is crowded with multiple companies and there is high competition. However, many people find it difficult to select the right service provider and send money to their home. So, for them, we review the companies at multiple specific points and compare the top players in the field.

We also have a currency converter tool which helps you in discovering and comparing remittance cost and exchange rates of over 50 specialised money transfer companies as well as banks. It’s because one international money transfer costs ranging between 1-20% of the amount transferred depending on the corridor as well as the country where you are transferring money. By comparing real-time exchange rates and transfer fees, you can save a lot of money.

So, whether you are an individual, business or startup sending money to family or paying salary to employees, you can save a lot of amount which can be charged as hidden fees in your next transfer. You can do this in a few single steps:

  • Review the money transfer companies which are offering services in the country where you want to remit money.
  • Compare the money transfer companies on the basis of exchange rates, transfer fees, transfer time, etc.
  • Choose the best option through which you can save transfer fees.

Exchange Rate IQ’s reviews are unbiased and we always strive to bring the best deals to you. In this process, we provide multiple offers and promotions to readers, so that you can earn while transferring money. We do not favour any company without any good reason and it is our ongoing effort to keep the website up-to-date.

Featured Money Transfer Services

Search, Compare & Save Money

Over 100 Banks & Money Transfer Operators

Discover best excange rate & lowest fees


  • Highest Exchange Rate
  • Minimum Fee
  • Fastest Mode of Money Transfer
  • Discount & Promo Codes
Analyze live rates from money transfer services


  • Hidden Charges
  • Customer Reviews of Provider
  • Exchange Rate Trends
Send money instantly, online or from branch


  • Choose the Best Provider for Your Need
  • Transfer Money in Few Clicks
  • Sit Back & Relax!

Money Transfer FAQ's

Why is it important to compare money transfer options?

As per World bank data, we can end up paying anywhere between 1% to 20% for a cross border money transfer, depending on the country & currency pair. Even for the same currency pair different companies offer different exchange rates and fees. It could be a different company that offers the highest exchange rates on different days.

To make sure that you are getting the best value for your money every time, you should compare the rates & fees before sending the money.

What is Exchange Rate IQ?

Exchange Rate IQ is a search & compare platform for International Money Transfer. You can think of it as a search engine for all you remittance and money transfer needs. Our endeavor is to help you find the fastest way to send money with the lowest fees and highest exchange rate.

Current Cross border money transfer market could be slow, expensive and opaque. Our mission at Exchange Rate IQ is to bring much needed transparency to international money transfers.

More Money Transfer FAQ's

Money Transfer Blog's

The Three Most Important Money Transfer Success Factors
By ExchangeRateIQ 2 days ago
Whether you want to send money online or through direct cash delivery services, there are three things that you will need to keep in mind but, before we jump to that, how do you choose the right money transfer company? How can you tell a real online money transfer from a scam? Look for online reviews...
Read More
Best way to send money from Canada to other parts of the world
By ExchangeRateIQ 2 weeks ago
So what are the best options to go for when sending your money from Canada to your desired destinati...
Venmo International Money Transfer
By ExchangeRateIQ 2 weeks ago
A Social Security Number to prove that you are an American resident An American bank account link...
Online Money Transfer Services Promising To Reduce the Spread of Corona Virus
By ExchangeRateIQ 3 months ago
It is with no doubt that we are faced with a global pandemic that is proving cumbersome to deal with. A Coronavirus o...

More Money Transfer Blog's

// //