Ria vs Monzo - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like Ria and Monzo have emerged as leading choices. Both Ria and Monzo online platforms offer efficient and cost-effective and secure international money transfers from Ria and Monzo.

We compare Ria vs Monzo into the unique features and benefits that distinguish Ria vs Monzo, empowering you to make an informed decision based on your specific transfer needs like Ria vs Monzo fees, currencies available, available payment methods on Ria compared to Monzo, support options offered by Ria vs Monzo, speed and more.

Ria vs Monzo: Quick Feature Comparison

  1. Visit Ria alternative Ria Visit Ria

    Used By: 61000000
    Currencies Available: 96
    Transfer Fees: 5$-35$
    Payment Methods: Bank transfer, debit/credit card, cash
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: None
    Max Transfer: US$2,999.99 / day
    Year Founded: 1987

  2. Visit Ria alternative Monzo Visit Monzo

    Used By: 5,000,000
    Currencies Available: 1
    Transfer Fees: none
    Payment Methods: bank transfer, phone contact
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: none
    Max Transfer: 10000 GBP
    Year Founded: 2015

Ria vs Monzo: Pros and Cons

Ria vs Monzo
Advantages

Ria Advantages Monzo Advantages
  • Ria has been serving clients for over 37 years
  • Ria is available internationally.
  • Ria has multiple currency options.
  • Ria provides phone customer support.
  • Ria provides email customer support.
  • Ria is available to iOS Apple device users.
  • Ria is available to Android mobile device users.
  • Monzo provides phone support.
  • Monzo offers registered customers email support.
  • Monzo has a Apple iOS app on Apple app store.
  • Monzo offers a Android Google Play Store mobile app.

Ria vs Monzo
Disadvantages

Ria Disadvantages Monzo Disadvantages
  • Ria has no PayPal support.
  • Ria has no Neteller payments support.
  • Ria has no Skrill payment support.
  • Ria does have a mobile digital wallet like some others.
  • No home delivery with Ria.
  • No cash pickups with Ria.
  • No money order support with Ria.
  • No live chat support with Ria.
  • Monzo has no PayPal option.
  • Monzo has no Neteller option.
  • Monzo has no Skrill option.
  • Monzo is not available is as many regions as some other providers.
  • Monzo has few fiat currency then some others.
  • No digital wallets with Monzo.
  • No Monzo home delivery.
  • No Monzo Cash pickups.
  • No Monzo money order option.
  • No Monzo Livechat.

Ria vs Monzo Fees and Other Costs

Fee type Ria Fees Monzo Fees
Transfer Fees 5$-35$ none
Min Transfer None none
Max Transfer US$2,999.99 / day 10000 GBP
Payment Methods Bank transfer, debit/credit card, cash bank transfer, phone contact
Currencies COP, DOP, INR, MXN, PHP, ALL, XCD, ARS, EUR, AUD, BSD, BHD, BDT, XOF, BTN, BOB, BAM, BWP, BRL, BND, BGN, BIF, KHR, XAF, CAD, CVE, CLP, CNY, KMF, USD, CRC, HRK, CZK, DKK, DJF, EGP, ERN, ETB, FJD, GMD, GHS, GTQ, GNF, GYD, HTG, HNL, HUF, IDR, ILS, JMD, JPY, JOD, KES, KRW, KWD, CHF, MWK, MYR, MRU, MUR, MDL, MNT, MAD, MZN, MMK, NPR, NZD, NOK, OMR, PKR, PYG, PEN, PLN, QAR, RON, RUB, RWF, SAR, RSD, SCR, SLL, ZAR, LKR, SEK, TZS, THB, TOP, TTD, TND, TRY, UGX, AED, GBP, UYU, VND, ZMW GBP

Ria vs Monzo Restricted Countries

Ria Country Restrictions

North Korea

Monzo Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Ria vs Monzo Transfer Speeds

Transfer Speed Ria Monzo
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

Ria vs Monzo Languages

Ria Supported Languages

English, Spanish

Monzo Supported Languages

Ria vs Monzo Verdict - Which is better?

Which is best out of Ria and Monzo depends on your needs.

  • Ria vs Monzo Transfer Fees: Transferring money with Ria costs 5$-35$ while Monzo charges none.
  • Ria vs Monzo Supported Currencies: Ria deals in over 1, where as Monzo offers transactions in 1.
  • Ria vs Monzo Payment Methods: Ria accepts Bank transfer, debit/credit card, cash, while Monzo allows transactions via bank transfer, phone contact.
  • Ria vs Monzo Transfer Limits: Ria allows transfers between None and US$2,999.99 / day. Monzo's range is none to 10000 GBP.
  • Ria vs Monzo Minimum Age for Account Creation: Ria requires users to be at least 18 years old, where as Monzo has a minimum age requirement of 18.
  • Contact Number: You can reach Ria at 1-877-443-1399 and Monzo at 00 44 20 3872 0620.
  • Ria vs Monzo Countries of Operation: Ria operates in over 1 countries but has restrictions in over 1 countries. Monzo serves 1 countries and restricts operations in 1 countries.
  • Ria vs Monzo Client Base: Ria is used by 61,000,000, where as Monzo serves 5.
  • Ria vs Monzo Year Founded: Ria was established in 1987 and Monzo began its operations in 2015.
  • Ria vs Monzo Customer Rating: Ria holds a rating of 3, in contrast, Monzo has a rating of 3.
  • Ria vs Monzo Headquarters: Ria has its headquarters at Buena Park, US, while Monzo is based at London, UK.
  • Ria vs Monzo Employee Count: Ria employs 2,000 individuals, where as Monzo has a team of 1,551.
  • Ria vs Monzo Estimated Annual Turnover: Ria turnover stands at 458000000, while Monzo boasts a turnover of 80000000.
  • Ria vs Monzo Founder: Ria was founded by Juan Bianchi, holding the position of President & CEO. On the other hand, Monzo was the brainchild of Carol Kobuke Nelson, currently holding the position of CEO.
  • Ria vs Monzo Supported Languages: Ria offers support in over 1 languages. Monzo communicates in 1.

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Screenshots

Ria Screenshot

Ria Screenshot

Monzo Screenshot

Ria Screenshot