Best money transfer to Hong Kong • Cost, duration, comparison

The advancement of technology has enabled various financial institutions to provide a high standard of service in all aspect of banking and financial services.

While modern technology is helping banks and other businesses to streamline their services, customers are no longer required to visit banks and their branches to carry out a wide range of banking services.

Customers can use either internet banking or mobile banking to fulfill their banking requirements. Customers now have access to multiple online fund transfer options like as Ria Money Transfer, Wise, Payoneer, Western Union, WorldRemit, Money mule, Timeline of PayPal, WebMoney, Moneygram, Electronic funds transfer, Interac e-Transfer, Revolution Money, etc.

Comparison: Transfer Money to Hong Kong

Winner

Wise

First Transfer Free!

Wise is a very good provider for overseas transfers. The transfers are easy, convenient and secure. The most important thing is that the transfers are also much cheaper than with the bank.

Winner

transferGo

Send money very fast!

Save up to 90% compared to banks. No hidden costs. Large selection of countries.

Winner

currencyfair

Five Transfers Free!

A world-class customer service, very good exchange rates and permanently favorable transfers abroad and to Germany convince. Only downside is the small selection of countries.

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Because of money transfer through the bank is highly expensive than any other money exchange house. Now online money transfer companies are much more adept, efficient, and technologically updated to handle fraudulent activities. Money transfer can be initiated instantly and processed within a day or two through these houses.

If the cheque of a bank account is stolen, the thieves gain access to your routing number and account number, and with that information, they can potentially drain your bank account. So it is risky to bear cheque.

So that if you used exchange house to transfer money it makes it easy to move money around when necessary to make a major purchase, take advantage of higher interest rates or make sure funds are available in the case of an emergency. So I think money transfer to deferent countries through online is safety, secure & fast than money transfer through Banks. By money transfer through online is a reasonable & low transfer fee other than Banks.

Money transfer to Hong Kong online

In today world Money back home through online transfer systems is a most important issue. Easiest & fastest ways to send money online to your family worldwide with us avoid banks high exchange rates and send money through online within minutes. A credit card is one of them constituting a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily.

Internet banking is a system that does not involve any sort of physical card. It is used by customers who have accounts enabled with Internet banking. PayPal is a global e-commerce business allowing payments and money transfers to be made through the Internet.

Google Wallet was launched in 2011, serving a similar function as PayPal to facilitate payments and transfer money online. It also features security that has not been cracked to date and the ability to send payments as attachments via email.

Mobile money wallets which allow adding funds easily through their existing mobile subscription number, by visiting physical recharge points close to their homes and offices and converting their cash into mobile wallet currency.

Ria Money Transfer has grown to become the third largest online money transfer service in the world. Wise is supporting more than 750 currency routes across the world and provides multi-currency accounts.

Payoneer is a financial services company that provides online money transfer and digital payment services. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments, and commercial services.

Wire transfer, bank transfer or credit transfer is a method of electronic funds transfer from one person or entity to another. World Remit is an online money transfer service that provides international remittance services to migrant communities around the world.

eRemit online money transfer portal for individuals.

UKForex has been in the money transfer business for 17 years.

MoneyGram is the second largest provider of money transfers in the world.

How can I send money to Hong Kong?

When you need to get money to friends or family in Hong Kong, the last thing you want to deal with is navigating a complicated and expensive process. Sending money from different countries to Hong Kong doesn’t have to be expensive. When you compare the transfer fees and exchange rates of several options you can find the most Hong Kong dollars for your US dollar.

From bank transfers and online transactions to options that allow recipients to collect your funds within minutes, sending an international money transfer to Hong Kong is easy. There is a lot of online money transfer house in the world by using UKForex money transfer house you can easily send money to Hong Kong.

Introduction

UKForex is an Australian online foreign exchange and payments company with headquarters in Sydney. The company provides money transfer services to Travelex, MoneyGram, Xero, ING Direct, and Macquarie International Money Transfers as well as individuals such as migrants and expatriates and small businesses.

It operated a number of different territory specific brands that include UKForex, CanadianForex, NZForex, USForex as well as ClearFX and Tranzfers before a brand consolidation to OFX starting in 2015.

Bank (is expensive)

Transfer of sending money to Hong Kong through the bank is highly expensive then UKForex online money transfer.

Money transfer provider

Travelex, MoneyGram, Xero, ING Direct, and Macquarie.

How much does it cost to transfer money to Hong Kong

$0 transfer fees up to $1,000.00.

Duration of a money transfer to Hong Kong

Duration: 01 (One) Day.

Conclusion on the money transfer to Hong Kong Comparison

In 2005, the company launched UKForex in London. In 2012, the company also established an international payment solution with Travelex in the UK.

ClearFX is provided by OzForex (HK) Limited (OzForex (HK)) and is a wholly owned subsidiary of OzForex Limited. ClearFX is licensed as a Money Service Operator with the Customs and Excise Department Hong Kong.

OFX has been in the money transfer business for 17 years. It serves a diverse range of needs for people and businesses managing payments abroad, offering strong exchange rates and charging no transfer fees for transfers of $1,000.

Comparison between Wise & UKForex:

Wise uses the mid-market rate to send transfers of up to $199,999. Wise enjoys high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

UKForex no-maximum limit transfers with competitive exchange rates for 100+ currencies.