The third largest money transfer company in the world. Used by millions of people internationally and available in over 300,000 locations. Easy to send, collect, and withdraw money through local agents in over 140 countries.
Ria is the third-largest money transfer service in the world, after Western Union and Moneygram. They provide comprehensive money transfer services through a large network of dedicated shops and affiliate agents around the globe.
Ria has a local presence in over 140 countries throughout Europe, Asia, North America, Latin America, and Africa. In addition to providing local money transfer and currency exchange services they also have a dedicated online platform where users can send money overseas from the U.S.
One of the biggest advantages of Ria is the size of their network. Their services are available in over 140 countries around the world, and over 300,000 locations. They also serve areas that are typically harder to reach. Money transfers are fast too, often being available for collection the same day the money is sent.
Unlike many other currency providers, users can easily send smaller amounts with Ria. In fact, their online platform only allows a maximum of $2,999 to be sent with each transaction although you can increase this amount by providing further identification at a Ria agent location. The maximum amount you can send over 30 days is limited to $7,999.
Although Ria exchange rates are not as competitive as other dedicated money transfer providers, they do offer a convenient, simple, and fast service. This is especially true if the recipient wants to pick up their money locally. We recommend them if you want to send smaller amounts quickly and conveniently, especially if you or the recipient would benefit from depositing or withdrawing cash through a local agent.
We looked at over 150 reviews of Ria on Trustpilot and found that reviewers gave Ria a positive score of 7.8 out of 10. Although comments from users were generally positive, there were some other, more mixed reviews.
The positive comments were mainly around the speed and convenience of Ria transfers — many users particularly praised how quickly money was sent with comments like, “Easy to send money . Reliable and fast service. Customer service staff are polite and knowledgeable.” and “Better than other money transfers...Ria is still the best choice.” Other users praised how secure the service was and the good exchange rates compared to some other services.
The main complaints were also about speed, specifically that it takes a long time to fund a transfer from a bank account, Ria do explain that transfers from bank accounts can take up to four to five days on their website, but some reviewers seem to have missed that. They say things like, “The whole point of using an online service is to save time--not to create a time consuming event. Why does it need to take 3-4 business days for the money to get to its destination?” Other issues included people getting locked out of their accounts or Ria needing more information to process transfers.
It’s notable that Ria are very active on Trustpilot and responded to reviews, offered to fix any issues and providing explanations if users encountered problems.
Overall, 64% of users rated Ria at five stars while 16% rated them at one star. 80% of users rated them at three stars or better.
Ria is owned by Euronet Worldwide who provide electronic payment services to businesses in the U.S. and around the world. Euronet Worldwide is an extremely successful company, with revenue of nearly $2 billion in 2016, assets of over $2.5 billion, and profits of over $170 million. This gives Ria an extremely strong financial foundation and means they have the capability to provide fast and reliable money transfer around the world.
Euronet also ownes Xe.com, one of the most trusted providers of exchange rate information and HiFX, a dedicated online currency exchange service. This experience means Ria is extremely well-placed as a money transfer provider. We have no hesitations in recommending Ria as a trustworthy provider for your money transfer needs.
Ria uses the following measures to protect your money, transactions, information, and identity:
Ria’s platform uses sophisticated security to protect your financial information and payment data. Ria complies with all government and other official regulations regarding data security, financial management, and international currency transfers.
Ria also adheres to national and international rules, regulations, and standards for the receiving, paying out, and transfer of money. Ria's policies and procedures comply with the laws of the United States and those of the countries where they operate. It also complies with the Office of Foreign Asset Control (OFAC) and adheres to all European Union and United Nations sanctions.
Ria have successfully transacted billions of dollars of international transfers for millions of customers over the last 25 years, and their network is growing consistently. They are a “Better Business Bureau” accredited business with a rating of A+.
So, is Ria safe? Yes — they are a reliable, secure way to send money overseas and have all the necessary security and regulations in place to protect your money and personal information.
If you want to fund your Ria transfers via your bank account you will need to validate the account using a “microdeposits” service — this typically takes two to three days. Note that if you fund your transfer using a credit card, your credit card company may charge you a cash advance fee.
Ria will notify you by email throughout the money transfer process and you can also track the transfer online via their website.
For a recipient to pick up cash, they just need a government-issued photo ID and the order number for your Ria transfer.
|Time to open an account||A few hours|
Cash home delivery
|Can you transfer from your mobile?||Yes|
|Advanced currency contracts||No|
|Required documents||ID, Proof of Address|
|Type of service provider||Global money transfer operators|
|Headquarter||Buena Park (CA)|
|Regulated by||DFS (NY)|
|Service hour||Business Hours|