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Transfers to a bank account
The 5 best options to transfer USD to a bank account in Sri Lanka
Cash pick-up at an agent location
The 4 best options to send USD for cash pick-up at agent locations in Sri Lanka
What's this? We only let providers that are among the cheapest offers and meet strict criteria including top Trustpilot review scores obtain this spot.
When more than one provider is a great option for your transfer, we feature the provider that pays us more than the cheapest option at the top. This helps us keep Monito free of charge for you! But it does not mean our partners can pay to guarantee to be featured.
We always ensure the provider has excellent customer reviews, and there is little to no cost difference compared to the cheapest provider (in this case the difference between WorldRemit and Transfast is only 1.24 USD).
Transfers via a foreign exchange company
Foreign exchange companies (also known as "forex brokers") are usually the best options for large transactions and offer personalized phone or email service. The rates we list are indicative only, to make sure you get the best deal we recommend requesting a quote from multiple providers.
We’ll only use your email address to send you exchange rate movements, and occasionally other relevant information for your money transfers. You can unsubscribe at any time. Learn more.
Our comparison engine found 9 options available to make a transfer to Sri Lanka from the United States.
To transfer your to a bank account in in Sri Lanka, InstaReM is at the moment the most competitive option with 1.5 USD for the transfer fees and a very competitive USD-LKR exchange rate (their current rate is 1 USD = 171.775 LKR).
Adding the fees and exchange rate margin, the total cost with InstaReM is 1.84 USD, but the total cost would be 25.13 USD (approximately 14x as much) if you wanted to use MoneyGram to make the same transaction.
Two other money transfer providers to consider include TransferWise and Transfast.
Cash is the more convenient option for you? We also compare 3 providers able to send for cash pick-up in Sri Lanka: Transfast is currently the cheapest provider with 4.99 USD for the transfer fees and a good USD-LKR conversion rate (their current exchange rate is 1 USD = 169.79 LKR).
In comparison, the total cost of your transfer would be 25.13 USD if you were to use MoneyGram to make the same transaction.
This recommendation was updated a few minutes ago.
Hi! I'm Pascal and I am in charge of making Monito as helpful as possible for you. Don't hesitate to drop me a line if you have a question, if you need help to understand the results or to find the best operator for your transfer.
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.
Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. Once you fill out the above form and click on compare, you’ll see a list of all the options to send money between two countries. The cheapest option is at the top, but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
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.
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 their website to get started with your money transfer.
As much as we try to have complete information and to include as many money transfer companies in our results, we sometimes miss a few. In this case, the best solution would be to write us a short message to let us know what’s missing!