MoneyTo Detailed Review

Rates, Fees, Limits, Safety and More

Last updated: August 22, 2024

A Cost-Effective Alternative to Bank Transfers and High Street Money Transfer Services

MoneyTo provides cheap cross-border money transfers, helping workers to support their families and friends securely and seamlessly in more than 80 countries across the globe.

Founded in 2004 in London, MoneyTo initially focused on the Eastern European corridor and later expanded to Africa, Latin America and Asia.

Start using MoneyTo now! Download the app from the App Store or Google Play.

A Variety of Payment Methods

MoneyTo uses state-of-the-art technologies to facilitate fast, cheap and safe money transfers via their mobile app. You can transfer money using VISA or Mastercard or via a simple, instant online bank transfer. All of MoneyTo's payment methods are equally secure and take just seconds to work!

A Range of Pay-out Methods

MoneyTo customers can choose the most convenient way for the money to be received. Depending on the beneficiary's country, the following options are available:

• Cash pick up from over 100,000 pay-out locations.
• Transfer to a bank account.
• Transfer to a bank card.
• Home delivery (in selected countries only).

Track Your Transfer

You can track your transfer easily via the MoneyTo mobile app or on a web browser.

Supported Currencies

MoneyTo currently supports almost 20 currencies including the Euro, British Pound, Moldovan Leu, US Dollar, Nepalese Rupee, Pakistani rupee, Brazilian Real, Argentine Peso, Armenian Dram, Chilean Peso, Colombian Peso, Georgian Lari, Honduran Lempira, Kazakhstani Tenge and Venezuelan Bolivar.

Here some countries that MoneyTo specializes in sending money to:

• Moldova
• Nepal
• Pakistan
• Nigeria
• Brazil
• Armenia
• Romania
• Uzbekistan
• Vietnam
• Ghana

Additional Information

Legal and Regulatory Compliance

MoneyTo is a licensed Payment Institution authorized by the UK's Financial Conduct Authority (FCA) (reg no: 537811). MoneyTo Ltd is registered with HM Revenue and Customs as a Money Services Business (reg no: 12183038).