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HSBC is a British bank with around 7,500 branches in over 80 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. You can do your everyday banking with HSBC, get a loan from HSBC, send money abroad with HSBC… There are plenty of services available.

But is it worth transferring money with HSBC given that there are specialist money transfer services that can be easier, cheaper and faster?

Ria is a money transfer service used by many people around the world. It’s primarily used for in-store transfers where customers send money with the help of a cashier at one of Ria’s agent locations.

Although very popular, Ria is just one of many money transfer services available, and each varies on speed, cost and convenience, and before you choose Ria you should do your research.

Barclays is a British bank whose history dates back to the 17th century! They have around 4,750 branches around the world, and as a bank they offer a number of services. You can get a mortgage with Barclays, manage an investment portfolio, do your day-to-day banking and, if you want to move funds to someone internationally with Barclays, send money abroad.

PayPal is one of the largest digital money companies in the world, with millions of customers using it to transfer money around the world. Although PayPal is very popular, you should take the time to consider PayPal as a money transfer platform before using it to send money abroad. There are a number of factors with PayPal that may or may not be suitable for you.