Questions You May Have

• How can I use Monito to find the best ways to send money?

  Before you make an international money transfer, compare the costs of the different options on Monito. Rates and fees often change, so for the best deal, make a comparison before every transfer — they may have changed since you last sent money. Once you enter the details about where you are sending money from and to, click on compare. You’ll see a list of all the options to send money between two countries. The best option is at the top, but you may want to consider other criteria such as the speed of the transaction or the pay-in or payout methods.

• I use my bank to send money abroad. Do I really need to compare other options?

  Of course! Banks are usually not the best way to make international money transfers. The fees can be relatively low (sometimes even zero), but banks often apply a markup on the exchange rates, a high hidden fee that you can avoid by finding better options on Monito. We list as many banks as possible in our results, so you can compare and find out if you’d be better off switching to another bank or a specialized money transfer company.

• Can I trust a company I find on Monito but have never heard about before?

  We review money transfer companies and give them a Monito Score, including a Credibility and Security component. You can find if a money transfer company is reputable and trustworthy in our comparison results or on a company's review page. A general rule is that we only list money transfer operators or banks that are fully authorized and monitored by the regulatory authorities of their operating countries.

• Is it possible to send money with Monito, or are you just a service to compare money transfer services?

  Monito is not a money transfer company. We’re here to help you find the best way to send money abroad. Just tell us which country you’re sending money from and which country you want to send money to, and we’ll show you a list of all available services. Once you select the best one for your needs, you'll be redirected to the money transfer provider’s website to start your transfer.