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The top 3 international money transfer apps you need to know about

The days when glow-in-the-dark watches were the height of wearable tech don't seem too long ago. But now, thanks to World First and Android Wear, you can send money overseas with a few simple swipes and taps of your smartphone. World First isn't the only broker using tech to make on-the-go international transactions simpler than ever, with other providers creating their own apps.

However, it's still a fledgling market. This means that whether you're a devotee of the wearable trend or your phone is still your go-to gadget, choosing the right app for you can be daunting. So which should you trust? Here's our pick of the best three.

1. World First Money Transfer

The first international money transfer app for wearables has a no-fuss attitude – payments can be made using just a couple of swipes, or even voice commands. It'll keep you informed too, letting you track payments and find out how much you're saving compared to using a bank. It's currently available for Android Wear, with an Apple Watch equivalent in the works.

Best for: gadget-lovers

2. TransferWise Money Transfer

TransferWise is the peer-to-peer transfer provider built by one of Skype's founding employees, and backed by Sir Richard Branson. It gives users interbank rates and charges a small fee (usually below 1%), claiming to be 90% cheaper than banks. If you're already a fan of its service, download the app to make transfers on the move. Like World First, it also shows you how much you've saved by using it, so you know you've got a great deal.

It does, however, have a slightly limited reach – TransferWise isn't in every country yet, but if you're transferring money to Europe, India or the USA, it's a good choice.

Best for: bargain-hunters

3. WorldRemit Money Transfer

If you need a flexible provider that's truly global, WorldRemit might be the app for you. This provider lets you send money to 110 destinations in 50 countries across the world. Or if you prefer, you can arrange a cash pick-up, mobile airtime top-up, or have the funds sent to a mobile wallet instead. The app's secured by Norton software, and can't be used on a jailbroken phone to avoid breaches.

Best for: migrant workers

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Etta and Pierre Deschamps, Documentree Films

We regularly receive funds from overseas and used the Moneycloud to find an FX company who have helped us with a much better exchange rate than our high street bank. We're 3-4% better off as a result. Thank you the Moneycloud

Alex Larsen

I've been struggling to find a way to make regular transfers to my Norwegian account from the UK (where I work). Finally I've at least got some pointers for where to start, so I won't have to pay a fortune every time I transfer!
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