What's the cheapest way to send money from the USA to Italy?

The cheapest way to send money from the USA to Italy is through an online provider. Among the 14 available, CurrencyFair was most often the cheapest provider (in 25.3% of the searches on Monito.com in the past 3 months).

What are the best providers to send money from the USA to Italy?

Here are the providers that were the most often the cheapest in the comparisons of the past 30 days on Monito.com: CurrencyFair (cheapest in 25.3% of the searches) Instarem (cheapest in 21.0% of the searches) OFX (cheapest in 20.8% of the searches)

How much does it cost to send money from the USA to Italy?

If you send money with the cheapest available provider, the total cost of a USD-EUR transfer was 0.4% of the transfer amount (including all fees and exchange rates) over the past month. In contrast, the cost of the most expensive option was 8.3%.

What is the cost of making an international transfer from the USA to Italy using my bank?

The average total cost (including hidden exchange rate markup) of making a USD-EUR transfer with banks compared by Monito.com during the past months was 10.9% of the transfer amount. This is 28.0x more expensive than sending money with the cheapest online provider alternative. For a 1000 USD transfer, this represents a saving potential of around 104.8 USD.

Is PayPal a good option for sending money from the USA to Italy?

It’s possible to send money to Italy with PayPal, but it’s expensive. The average cost of transfers from the USA to Italy with PayPal is 5.7%, whereas the cheapest online services have an average cost of 0.4% of the amount you send.

What's the cheapest provider to send money from the USA to a cash pick-up location in Italy?

Over the past 3 months, the provider that was most often the cheapest for cash pick-up transfers in Italy was Remitly, with an average cost of 1.1% of the amount you send (includes fees + exchange rate margin). The average total cost to send to a bank account rather than to a pick-up location during the same period was 0.4%. CurrencyFair was the provider most often the cheapest for transfers to bank accounts in Italy.

What is the fastest option to send money from the USA to Italy

The provider that was most often the fastest provider in comparisons of the past 30 days was Instarem (average fastest transfer time: In minutes)

Find the best ways to send money to Italy from the USA

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Top Providers For transfers from the USA to Italy

Based on 4,045 comparisons made by Monito users in the past 3 months.

Compare live results

Best for Transfers to a Bank Account

Cheapest
8.4

Cheapest

in 25% of all comparisons
Go to CurrencyFair
Top rated
9.5

Top rated

in 100% of all comparisons
Go to Wise
Fastest
8.1

Fastest

in 66% of all comparisons
Go to Instarem

Best of 14 providers. Compare all

Best for Transfers to Cash Pickup

Top provider
9.1

Cheapest

in 95% of all comparisons
Top rated

in 95% of all comparisons
Fastest

in 95% of all comparisons
Go to Remitly
Cheapest

in 95% of all comparisons
Top rated

in 95% of all comparisons
Fastest

in 95% of all comparisons

Best of 2 providers. Compare all

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1 USD = EUR Mid-market exchange rate

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25M+ comparisons made

With more than 7 million searches per year, Monito's real-time comparison engine is a world leader in comparing international money transfer services.
$80M+ in transfer fees saved

By choosing a transfer service found on Monito, the average user pays a total of just 0.59% in fees and exchange rates. Compared to the 4.6% paid at a bank or traditional cash transfer service, Monito users have saved around $80 million in total to date!
200+ providers compared

For every service appearing on Monito, our experts build in-depth reviews using dozens of verifiable criteria to make clear, actionable recommendations to guide your decisions.
2,000+ in-depth guides

Far too often, sending money abroad is both pricey and problematic. That's exactly why our team of experts works tirelessly to offer the most in-depth, up-to-date, and helpful consumer advice.

Monito's Recommendations for Sending Money from the USA to Italy

Affiliate disclosure

Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best-suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from the USA to Italy:

Best Ways to Send Money from the USA to Italy

The best rated: Wise (9.5/10)
The cheapest: CurrencyFair and Instarem
The fastest: Instarem
The best rated (transfer to cash pickup): Remitly (9.1/10)
The cheapest (transfer to a mobile wallet): Xoom

Frequently Asked Questions

What's the cheapest way to send money from the USA to Italy?

The cheapest way to send money from the USA to Italy is through an online provider. Among the 14 available, CurrencyFair was most often the cheapest provider (in 25.3% of the searches on Monito.com in the past 3 months).
What are the best providers to send money from the USA to Italy?
Here are the providers that were the most often the cheapest in the comparisons of the past 30 days on Monito.com:
- CurrencyFair (cheapest in 25.3% of the searches)
- Instarem (cheapest in 21.0% of the searches)
- OFX (cheapest in 20.8% of the searches)
How much does it cost to send money from the USA to Italy?

If you send money with the cheapest available provider, the total cost of a USD-EUR transfer was 0.4% of the transfer amount (including all fees and exchange rates) over the past month.
In contrast, the cost of the most expensive option was 8.3%.
What is the cost of making an international transfer from the USA to Italy using my bank?

The average total cost (including hidden exchange rate markup) of making a USD-EUR transfer with banks compared by Monito.com during the past months was 10.9% of the transfer amount. This is 28.0x more expensive than sending money with the cheapest online provider alternative.
For a 1000 USD transfer, this represents a saving potential of around 104.8 USD.
Is PayPal a good option for sending money from the USA to Italy?

It’s possible to send money to Italy with PayPal, but it’s expensive. The average cost of transfers from the USA to Italy with PayPal is 5.7%, whereas the cheapest online services have an average cost of 0.4% of the amount you send.
What's the cheapest provider to send money from the USA to a cash pick-up location in Italy?

Over the past 3 months, the provider that was most often the cheapest for cash pick-up transfers in Italy was Remitly, with an average cost of 1.1% of the amount you send (includes fees + exchange rate margin).

The average total cost to send to a bank account rather than to a pick-up location during the same period was 0.4%. CurrencyFair was the provider most often the cheapest for transfers to bank accounts in Italy.
What is the fastest option to send money from the USA to Italy

The provider that was most often the fastest provider in comparisons of the past 30 days was Instarem (average fastest transfer time: In minutes)

About Money Transfers from the USA to Italy

Monito compares 14 providers offering international money transfer services from the USA to Italy. The total cost of the cheapest available option at any given point in the past month was 0.4% of the transferred amount. In comparison, the total cost of the most expensive provider was on average 8.3%.

💸 Number of providers	14
🏆 Cheapest provider (on average)	CurrencyFair
💰 Lowest total cost (on average)	0.4%
💰 Highest total cost (on average)	8.3%
💸 Most transferred amount	1000 USD
⚡ ️Fastest transfer time	In minutes
💳 Pay-in options	Credit card, Bank transfer, Direct bank payment, Debit card, International bank transfer, PayPal
💵 Pay-out options	Bank account, Card, Cash pickup, Cash delivery, Bank account (via international transfer), payout.BILL, Airtime top-up, Mobile wallet
👍 Recommended providers	Xendpay, Xoom, Revolut, Instarem, Paysend, Remitly, OFX, Wise, XE Money Transfer, CurrencyFair, Moneycorp, Halo Financial

Best Rated Providers to Send Money from the USA to Italy

9.5

9.1

9.1

9.0

8.5

8.5

8.4

8.1

7.2

6.9

6.6

5.9

See Monito's In-Depth Money Transfer Guides

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August 25, 2023 - by François Briod

Fastest Ways To Send Abroad

November 22, 2022 - by François Briod

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November 22, 2022 - by Byron Mühlberg

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August 25, 2023 - by François Briod

Everyone wins, except expensive solutions

With our model, the only losers are the expensive banks or providers you’ll stop using!

To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.

We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.

We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.

You save money on your transfer by selecting the cheapest provider.
The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.
Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.

Questions you may have

How can I use Monito to find the best option to send money to Italy?

Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
I simply use my bank to send money to Italy, 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 quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company.
Can I trust a company I found on Monito but never heard about before?

Yes. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate.
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 to Italy.

Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.

Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

Learn more about Monito

Monito is Trusted by 15+ Millions Users across the globe.
Monito's experts spend hours researching and testing services
Affiliate commissions we may receive never impact our independence

Mid-market exchange rate

To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.

Find the best ways to send money to Italy from the USA

Top Providers For transfers from the USA to Italy

Best for Transfers to a Bank Account

Best for Transfers to Cash Pickup

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Compare 13 providers for a 1,000 USD transfer from the USA to Italy

Monito's Recommendations for Sending Money from the USA to Italy

Best Ways to Send Money from the USA to Italy

Frequently Asked Questions

About Money Transfers from the USA to Italy

Best Rated Providers to Send Money from the USA to Italy

See Monito's In-Depth Money Transfer Guides

Everyone wins, except expensive solutions

Questions you may have

Why Trust Monito?

Mid-market exchange rate