TransferWise Reviews
Money Transfer Companies from USA to Pakistan
Before sending money to Pakistan, there are couple of things you have to keep in mind like what is the cheapest way ? Depending on your sending amount, what is the fastest money transfer service because time can mean everything. What are the transfer methods available ? Is your final option is the best option for sending money ?
For the all above questions, you can see and compare all popular money transfer services for sending money from USA to Pakistan on this page.
1. WorldRemit
Necessary money transfer information while send money to Pakistan using Worldremit -
| Transfer Type | Online |
| Pay-In Methods | Credit Card Debit Card |
| Pay-Out Methods |
Bank Deposit- Transfer to personal accounts at all major banks within 2 working days.
Cash Pickup- Cash is available to collect instantly from major banks, including:
Allied Bank, Bank Al Habib Ltd, Bank Alfalah Limited, Bank of Khyber, Dubai Islamic Bank Pakistan
Ltd, FINCA Microfinance Bank Ltd, JS Bank Ltd, Meezan Bank Limited, Punjab Provincial
Co-operative Bank Ltd, Silk Bank Ltd, Sindh Bank Limited, Soneri Bank Limited, The Bank of
Punjab and Zarai Taraqiati Bank Ltd.
|
| Mobile Money | You can now send money to any JazzCash mobile account in Pakistan. JazzCash is Pakistan’s fastest growing mobile financial service. It offers a wide range of benefits, including sending and receiving money, paying utility bills, mobile top-up (all operators), loan repayments, online payments, and much more! |
| Fee | Minimum fee |
| Speed | Instant |
PROS
Lower fees than you will find in banks
There is no minimum amount for your transfers
Convenient to send money to Pakistan online transaction makes it easier to send money
A good feature of WorldRemit is that they will send your recipient an SMS message when the transfer is initiated and give them the transaction number. You will receive a similar SMS once your beneficiary has collected the cash
CONS
Low maximum transfer amount
How to send money to Pakistan ?
1. How you want to send money to Pakistan: bank deposit or airtime top-up, and enter the amount so that you can transfer to all banks in 1-2 working days.
2. Fill your recipient's details:you can choose from a list of people you’ve sent to in the past, or add a new recipient
3. Now pay for the transfer:you and the recipient both will get notifications by SMS and email when the money is sent and received.
2. Transferwise
Necessary money transfer information while send money to Pakistan using Transferwise -
| Transfer Type | Online |
| Pay-In Methods | Bank |
| Pay-Out Methods | Bank |
| Fee | A fee of 1% of the amount sent |
| Speed | 3-5 days |
| Security |
1. 2-factor authentication
2. Registered with the Financial Crimes Enforcement Network (FinCEN)
3. Standard HTTPS encryption safeguards
|
PROS
Easy process to sign up and initiate a transfer
It’s affordable
Offers better rates than many other providers
High daily transfer limits
CONS
Bank account transfers only
It's a Two-step process, firstly wire money to TransferWise and then deposits the money to recipient’s bank account
Need an SSN(Social Security Number) to send money
How to send money to Pakistan ?
1. Initiate your transfer by using the TransferWise website on a desktop, laptop, or mobile device.
2. Provide the recipient’s bank account details or an email address.
3. Enter the sending amount or the exact amount you want the recipient to receive. If you opt for a specific amount transfer, you have to pay an extra 3% deposit, in the event there is a fluctuation in the exchange rate.
4. Make your payment using any of the available methods.
3. Ria Money Transfer
Necessary money transfer information while send money to Pakistan using Ria Money Transfer -
| Transfer Type | Online |
| Pay-In Methods | Bank Account Credit Card Debit Card |
| Pay-Out Methods | Bank Deposit Cash Pickup |
| Fee | lower fee when sending with bank account |
| Speed | 3-5 working days |
PROS
Offers expert advice and simple, secure transactions
It offers multiple ways of transaction and receiving money
Exchange rates are higher than banks, with lower fees
CONS
Low maximum daily limit
How to send money to Pakistan ?
1. Create a free online account on Ria’s website.
2. Fill the details of money transfer.
3. Enter your recipient’s full name and address.
4. If you’re sending money for cash pickup, select a location near your recipient from the provided list.
5. Select a payment method.
6. If paying by credit or debit card, enter your card information and billing address.
7. Check that the information is correct on the Pre-Order Confirmation.
8. Get your order number, which you can use to track your transfer.
9. Track the progress of your transfer by entering your order number, PIN or reference number in the box.
4. Xoom
Necessary money transfer information while send money to Pakistan using Xoom -
| Transfer Type | Online |
| Pay-In Methods | Bank Account Credit Card Debit Card |
| Pay-Out Methods | Bank |
| Fee | Free for transfers over $1000 when sending with Bank Account |
| Speed | Instant |
| Security |
1. Offers a money-back guarantee
2. Website relies on 128-bit encryption
3. Works with a number of leading banks
|
PROS
Offers 24/7 customer service
Track your transfers
Money-back guarantee
CONS
Many money transfer providers that service larger international networks than Xoom.
How to send money to Pakistan ?
1. Sender can transfer the money using a computer or a mobile device.
2. After filling details, you can choose payment options.
3. Enter your recipient’s details.
4. Track the progress of your transfer.
5. Xoom lets you cancel your transfer if it hasn’t gone through, and cancellations do not attract any fees.
5. Money2Anywhere
Necessary money transfer information while send money to Pakistan using Money2Anywhere -
| Transfer Type | Online |
| Pay-In Methods | Bank Account |
| Pay-Out Methods | Bank Account Cash Pickup |
| Fee | Free above $200.01 when sending with bank account |
| Speed | Same day |
PROS
Best exchange rates
Multiple payment options
Safe and secure
CONS
Transfers for certain countries can be expensive
6. Western Union
Necessary money transfer information while send money to Pakistan using Western Union -
| Transfer Type | Online At agent locations Mobile apps |
| Pay-In Methods | Bank account Credit/debit card Pay With Cash |
| Pay-Out Methods | Bank Cash |
| Fee | $0.00 fee for online bank account |
| Speed | 3-5 days |
PROS
More than 500,000 agent locations around the world
Multiple transfer and pick up options
Safe and secure
CONS
Low maximum transfer amount
How to send money to Pakistan ?
1. Set up a free account.
2. Log into account and initiate transfer.
3. Choose your payment method.
4. Fill recipient’s name and contact information.
5. If sending to a bank account, you’ll need the bank name and account number. If you’re sending a prepaid card for home delivery, you’ll need the address and phone number.
6. Fill your contact information.
7. Complete the transaction
7. Moneygram
Necessary money transfer information while send money to Pakistan using Moneygram -
| Transfer Type | Online In person |
| Pay-In Methods | An agent location Online |
| Pay-Out Methods | Cash Pickup |
| Fee | Lower fee |
| Speed | 3-5 days |
PROS
Second largest money transfer provider
Wide range of sending, receiving and financing options
Fast and secure transactions
CONS
Maximum online transfer amount.
Fees can be higher when you use a credit or debit card to pay.
8. Placid
Necessary money transfer information while send money to Pakistan using Placid -
| Transfer Type | Online |
| Pay-In Methods | ACH Transfer Credit/debit card |
| Pay-Out Methods | Bank Account |
| Fee | Free above $200 when pay by bank account |
| Speed | 3-5 working days |
Highlights-
Offers high exchange rates
Facility of direct bank deposits and cash pickups
Instant cash pickups available if paid using card
Instant Transfers using Debit Card to major banks such as HDFC, PNB, Axis & more
Gives 24/7 Support & 100% Money Back Guarantee
Real time transfer status tracking
9. PakRemit
Necessary money transfer information while send money to Pakistan using PakRemit -
| Transfer Type | Online |
| Pay-In Methods | Bank Account |
| Pay-Out Methods | Bank Account |
| Speed | 3-5 working days |
Highlights-
No additional fees charged by your bank in the USA or to your beneficiary in Pakistan
No fee for any amount above USD 199 delivered in Pak Rupees
Competitive and guaranteed Exchange Rates
