Lebara Money Transfer offers a useful feature for people who regularly send money abroad — “If you like it, lock it.” It’s designed to help you reduce risk and manage your finances and exchange rates more effectively. It works as…
TransferWise is one of the best money transfer and currency exchange providers we work with. We love their mid-market exchange rates, wide availability, low fees, and easy-to-use services. In fact, we wondered, could they get any better? It turns out…
Today is the third International Day of Family Remittances, the opportunity to recognize and celebrate the more than 200 million migrants around the world who send money home regularly to support their families. The contributions of migrants to the development…
In our last blog post, we highlighted how the cheapest provider for your transfer will change depending on how much you send. Today, we’re showing how the ranking of the providers changes over time. To power our comparison engine, we…
When sending money abroad, the best service to choose depends on how much you need to send. The data we’ve collected shows this very clearly. We compared the best options for a EUR-GBP transfer between France and the United Kingdom…
Our in-depth analysis of the cost of sending money online from the Eurozone and the United Kingdom, based on more than 10,000 observations collected simultaneously – – – – – – – – – – – – – – –…
A large number of people use Monito’s real-time comparison platform every month to find which provider is offering the best exchange rate and the lowest fees for their money transfers. Over the past year, we’ve noticed that an increasing share…
Digital wallets have not only changed the way we pay for things on the Internet, but also how we send money to our friends and family. Specialized companies such as PayPal, Square Cash, Venmo, and Skrill, or tech giants such…
Estimates put the amount of dollars sent by migrant workers to Latin America and the Caribbean at almost USD 70 billion. It’s a huge number, and is more than Guatemala’s GDP for example. Millions of families across the continent depend…
In the last few months, we have worked hard at rebuilding our comparison engine to achieve our goal of providing our users with real-time exchange rates and fees. Most of our comparison results were already being updated on an hourly…
We have been creating content about money transfers for the past four years, reviewing money transfer companies and comparing the best options for all kind of transfers. To illustrate our provider reviews or our blog posts, we’ve created hundreds of…
People often ask us if PayPal is a good service to send money abroad. While PayPal is great to send money to friends living in your country, our in-depth review of PayPal shows that it’s probably not a good idea…
In addition to comparing money transfer services, our mission at Monito is to provide in-depth reviews of the money transfer providers we compare and their services. This helps our users make an informed decision about the best way to send…
Our core mission at Monito is to provide our users with accurate comparison information about money transfer operators costs and services, to help you make the right choice for each of your transaction. But our role is also to provide…
Switzerland may well be considered as a small country, it is a very international one. A lot of Swiss are living abroad, and Switzerland host a lot of expatriates from all over the world, which means a lot of people…
Last August, we went through a rebranding, changing our name from TawiPay to Monito. As you can imagine, finding a new name is a cumbersome process (you can learn more about our user-centered and data-driven approach here). But once we…
Did you know that while Poland is (only) the 35th most populated country on earth, it has one of the largest diaspora in the world? With 20 people with polish origin currently living outside the country, poles represent more than…
Money sent by relatives living abroad are a lifeline for many people in Nigeria (as much as 3 million Nigerians are believed to receive money from overseas each year). In 2015, the Nigerian Diaspora collectively sent $20 billion US dollars…
We just published our in-depth review of WorldRemit. You can read the full review on our website, where you’ll find the details of our independent evaluation, customer reviews, information about how to send money with WorldRemit, and the story behind…
India is not yet the most populated country on earth, but it already has the largest diaspora in the world. If the 30 million Indians living abroad formed a country, it would be the 40th largest in the world, more…
To celebrate Christmas, a few money transfer providers have special offers. You can play to win your flight home, transfer money without fees, or get free Amazon vouchers. Read our full review of Azimo Azimo are giving a fee-free transfer…
While David Marcus recently announced the release of games on Facebook Messenger with great fanfare, you had to look elsewhere to find a major announcement for the messaging app claiming more than 1 billion active users. Indeed, Facebook Payments International…
Currency exchange comparison, why? Currency exchange rates (also called foreign exchange rates, forex rate, or FX rates) fluctuate 24 hours a day except weekends according to the demand and supply on the foreign exchange market. A lot has been written…
Mobile money transfer apps on iOS or Android, Monito’s review Sending money abroad? Chances are you’d benefit from using one of these money transfer app. In addition to traditionnal money transfer service, there are a few advantages. It’s on the…
Are you considering leaving the United States to Canada, Europe, Mexico or anywhere else? Maybe you’re not happy with the presidential election results, or are looking to reconnect with your family’s roots abroad. You’ll need to bring your money along…
In the world, there are as many Western Union agent locations worldwide as Post Offices, McDonald’s, Starbucks and Walmarts… combined! The scale of their pay-in and pay-out network is enormous and one of their key selling proposition. But how good…
Monito’s comparison engine provide you with the best options to send money between more than 10’000 combinations of sending and receiving countries. That’s a lot of corridors, from the biggests to smaller – but still important – ones. We are…
Lebara, the telecommunication group well known for making migrants’ lives easier with cheap international phone calls, just launched a new money transfer service. It’s called Lebara Money and will compete with other players like TransferGo, Azimo, TransferWise or Western Union.…
The Central Bank of Nigeria surprised everyone when it prevented all but three money transfer companies to operate in Nigeria in the beginning of August: Western Union, MoneyGram and Ria. However, the Central Bank of Nigeria just announced that 11…
Want to find out if TransferWise is the right provider for your next money transfer operator and if now is the time for you to stop using your bank for international money transfers? We published an in-depth review of TransferWise’s…
