17 Apr 2025
Did you know the average person loses over $300 yearly in hidden fees when sending money abroad?
Yes, you heard it right!
Sending money to loved ones overseas should be simple, but hidden fees, poor exchange rates, and slow transfers drain your hard-earned cash. Every year, migrants send over $800 billion globally in remittances. However, traditional banks and shady services might charge up to 10% in fees, leaving families with less.
This guide reveals the three cheapest, fastest, and safest ways to send money online in 2025. It will help you avoid hidden fees and keep more money in your family’s pocket.
Sending money online often feels like navigating a minefield of hidden fees. Most services lure users with “low fees” but sneakily mark up exchange rates. For instance, a £500 transfer via a high-street bank might claim a “1% fee” and they could apply a 4% markup on the GBP/PKR exchange rate, costing you an extra £20.
This is why expats are switching to fintech apps like ACE, which use the mid-market rate with low fees. To avoid budget drains, always compare the total cost of transfers, not just upfront fees.
According to the World Bank, the global average cost of sending $200 is 6.3%, but with the right method, you can slash this to 1% or less. For that reason, the cheapest ways to send money online in 2025 include digital wallets, remittance apps, and even cryptocurrency.
Digital wallets like Wise and Revolut use the mid-market rate and charge fees as low as 0.7%. While cash pickup options are limited, digital wallets excel for direct bank deposits, making them ideal for recurring transfers.
Remittance apps like ACE cater to expats needing speed and simplicity. ACE "First Transfer Free" promotion, for instance, lets new users send money to Pakistan with zero fees. These apps also offer instant deposits to Pakistani mobile wallets like JazzCash.
Cryptocurrency transfers, particularly via stablecoins like USDT, offer low fees. However, this method requires technical know-how and carries risks: if the recipient's exchange delays withdrawals, funds can be stuck for days.
For the best blend of affordability and ease, specialized services like ACE combine zero hidden fees with guarantees to beat competitors’ prices.
Want to do Instant transfer? Download the ACE App now!
Scams and delays are rampant in the remittance world, but you can avoid them by spotting red flags.
“Free transfers” often mask terrible exchange rates—a service claiming “no fees” might offer rates 5% worse than the market.
Always verify licenses (look for FCA registration)
Avoid platforms without 24/7 customer support. For instance, unregulated providers might delay transfers for days due to incomplete KYC checks, leaving families in crisis.
Stick to platforms like ACE Money Transfer with 4.8+ Trustpilot ratings and clear fee breakdowns to protect your money.
Expats worldwide trust ACE because we solve their biggest frustrations: hidden fees, slow transfers, and poor support.
Unlike banks, we show fees in real time and let you lock in exchange rates the moment you transfer.
Sending money online doesn’t have to drain your wallet—or your peace of mind.
Hidden fees, slow transfers, and shady exchange rates plague traditional services, but as this guide shows, smarter options exist.
By choosing platforms like digital wallets or specialized remittance apps, you can slash fees to under 1% and avoid scams lurking behind “too-good-to-be-true” offers.
The key is to compare total costs (not just upfront fees), verify licenses, and track transfers in real time.
At ACE, we’ve helped thousands like them send money faster, cheaper, and safer—because your family deserves every penny.
Ready to make your next transfer with zero fee?
Click here to compare rates instantly—your family deserves every penny.
ACE is one of the cheapest apps for UK-to-Pakistan money transfers with mid-market exchange rates.
Use remittance apps like ACE that show fees upfront and apply the mid-market exchange rate.
ACE offers instant transfers to Pakistani mobile wallets and banks in under a minute.
Yes. Use ACE for cash pickups at all commercial banks in Pakistan. You only need the recipient’s mobile number and CNIC.
