Does Venmo work around the world, or is it only for local transfers?

Want to send money to friends or family in another country? If you use Venmo and want to send money to yourself or someone else, you need to know if it works internationally or not. There are a lot of good things about using Venmo, but international transfers are limited in some ways.

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Venmo only works for people who live in the US and have official bank accounts and Social Security numbers in the US. This means it can’t be used to send money to other countries. Even though Venmo doesn’t support international transfers, there are other ways to send money overseas. These include PayPal, TransferGo, Wise, Remitly, WorldRemit, XE, OFX, and many others.

Does Venmo work around the world?

The fastest way to send money is through Venmo, which is one of the best-paid apps and is now owned by PayPal. About 83 million people who have used the Venmo app so far have loved the digital wallet.

With Venmo, you can pay your bills, buy groceries, pay your rent, split the cost of necessities, borrow money, and save yourself a lot of trouble. Many stores will let you pay with Venmo, and their app makes it easy to keep track of all the payments you make with it.

Since Venmo is based in the United States, it only works with US bank accounts and contact information to send and receive money. So, both the person sending the money and the person getting it must live in the US and have an official US bank account. All in all, Venmo doesn’t work outside of the United States.

Why can’t I use Venmo to send money to another country?

Now that we know Venmo doesn’t work outside of the United States, we don’t have to stop here. Even though there are other authorized companies that can help you make international transfers through their own platforms, make sure to check out each one to find the best exchange rate and transfer fee.

Some of the reasons why Venmo doesn’t support international transfers are the many legal steps involved, such as:

  • Rates of exchange for money
  • Know Your Customer laws say things like
  • Anti-Money Laundering
  • Payments between countries

What are some alternatives to Venmo for sending money abroad?

Venmo said a big “no” to all of these rules and didn’t get caught up in the storm of laws that make it hard for Venmo users to send money quickly. So, this is when you need to keep an eye out for alternatives to Venmo for sending money abroad.


WorldRemit is one of the alternatives to Venmo that can help you send money abroad. Since its start in 2010, it has given customers full freedom to transfer money online between different parts of the world.

WorldRemit’s exchange rate depends on the country you’re sending money to and how the market is doing. Depending on the currency, WorldRemit usually charges between $3.99 and 24.99.

WorldRemit lets you send money abroad through mobile wallets, top-ups for airtime, pickup agents, and, most importantly, bank accounts. About 130 countries have options for sending money through WorldRemit, which is fast and reliable service.

2. Wise

Tired of the old-fashioned banks and how hard it is to send money abroad through them? Wise, which used to be called TransferWise, lets you send money at the real exchange rate and with no hidden fees. It’s another safe option you can look into, and it specializes in sending money abroad.

Wise’s fees depend on where you want to send money, but there is a small commission of between 0.25 percent and 1 percent of the total value of the transfer.

It doesn’t mark up the exchange rate and lets you hold and convert money in about 54 countries. Wise is known for its services, which include both personal and business money transfers. Not only that, but you can also use your Wise debit card to buy things in the local currency.

3. Remitly

Remitly is another international payment service that many people around the world trust. Remitly lets you send money to 16 different countries, and it gets there right away. But Remitly lets you pay for these kinds of transfers with a credit card, which makes it a bit pricey.

Remitly charges anywhere from 0.50 percent to 2.00 percent of the amount being sent abroad. It is the best way to send and receive money and gives you options for both.

One great thing about Remitly is that if the money isn’t sent on time, you get all the transfer fees back, no questions asked. Even though it is completely clear to customers, it makes it easy to transfer money from 17 countries around the world. You can also send up to $10,000 in a single transaction.

4. Revolut

Digital remittance With Revolut, you can send money to different parts of the world in a much easier and cheaper way. With Revolut, you can send and hold cash in more than 30 countries and get great prices with limit and stop orders. On top of that, it lets customers who want to send money abroad know everything that is going on.

It has accounted for more than one currency, and you can link all of your bank accounts to Revolut to get the real exchange rate and figure out how much you need to pay for the transfer.

Revolut protects your private accounts from fraudsters and people who try to log in without your permission. The platform also verifies all your information to make sure it fits with the rules and regulations they have to follow, so don’t try to give false information.

5. TransferGo

TransferGo is another way to send money to more than 160 countries quickly, cheaply, and without a lot of trouble. So, ditch the old-fashioned bank transfers and use the digital platforms that have made life a lot easier for people in this day and age.

The transfer fee depends on the type of transfer, but it’s usually between £0 and £0.99 for delivery the next day. The rate of conversion is between 0% and 2.2%, which stays the same.

TransferGo has a customer service team that can help people from all over the world with their questions. It helps international transfers happen and gives them professional solutions. You can send money to Belgium, Poland, Nepal, Monaco, Mexico, Germany, China, Hong Kong, and a number of other places.

6. PayPal

PayPal is one of the biggest and most well-known ways to send money to friends and family. It is supported by many countries. PayPal can even be used at gas stations and online to buy Visa gift cards. It lets you send money to more than 200 different countries, and the fees vary depending on the currency and amount you are sending.

You need to know that PayPal has fixed fees and a conversion fee. For personal international transfers made through PayPal balance, it charges 5% of the total amount.

You can also use a debit card or credit card to send money to another country. In this case, however, PayPal charges a 2.9% funding fee on top of the fixed costs that vary by currency. You can send money to the Philippines, Nigeria, the UK, Canada, South Africa, Mexico, Colombia, Ghana, and many other places through PayPal.

7. XE

With the XE money transfer, you can see the exchange rates in real-time. It also tells you when your money will arrive, so you can move it as quickly as possible. Sending money takes only a few minutes in over 130 countries and 98+ currencies.

The fees depend on how much money you spend. Based on the mid-market exchange rate, it is usually between 0.3% and 1.2% of the amount being sent.

Through the bank account, you can send up to $1,000. It works with Canada, India, Australia, the United Arab Emirates, the Philippines, Thailand, Mexico, Africa, Japan, Singapore, Switzerland, Norway, Israel, Poland, Colombia, and many more countries to transfer money internationally.

8. OFX

OFX is available in 190 countries and offers better exchange rates than banks and the fastest possible transfers. A good alternative to Venmo lets you send money in more than 50 different currencies. All you have to do is sign up for a free account at OFX, send your money using an electronic bank, and track the transfer easily.

If the transfers are less than $20,000, it charges a flat fee of 15% and a small markup on the exchange rate.

With OFX, you can send money to Australia, Europe, India, Hong Kong, Singapore, Canada, New Zealand, Japan, Denmark, China, Taiwan, Germany, Saudi Arabia, France, and other places. OFX saves you all the money you would have to pay a bank.

OFX’s exchange rates have extra benefits, such as the ability to lock in a good exchange rate and make a transfer later using a Forward Exchange Contract. The Limit Order also aims for the best exchange rate and finishes the transaction.

Other Venmo Alternatives

Some other ways to send money internationally besides Venmo are listed below:

  1. Azimo
  2. Currencies Direct
  3. FairFX
  4. Moneycorp
  5. Skrill
  6. TorFX
  7. OrbitRemit
  8. EQUAL Cash
  9. EasySend
  10. Currency
  11. Global66!

Before You Go

When it comes to exchanging rates and transfer fees, international transfers need a lot of care. Since Venmo doesn’t work outside of the United States, it would be best to compare rates and countries where you can send money before you choose an alternative. But for now, you can look into money transfers from Venmo to PayPal or Venmo to Cash App.

Even though Venmo can’t be used to send money abroad, there are plenty of other options that work just fine. If you don’t live in the US or have a US phone number, Venmo isn’t the best way to send money to another country.

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