Aspora review
4.50 Kredly scoreAspora offers fast, secure money transfers to India with competitive exchange rates and a user-friendly app. Verify their fees and transfer times before sending.
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Pros
- Competitive exchange rates
- often matching Google's live rates.
- Fast and often instant money transfers.
- User-friendly mobile application for easy transactions.
- Responsive 24/7 customer support and proactive fraud detection.
- Referral bonuses and initial free transfers.
Cons
- Some users report delays in payment processing.
- Concerns about changes to transfer fees and diminishing offers.
- Ambiguous experiences with the 'price' aspect
- with some receiving less than expected.
About Aspora
Aspora stands out as a robust and customer-centric platform for global money transfers, particularly excelling in remittances to India. Catering primarily to non-resident Indians (NRIs) worldwide, Aspora prides itself on providing secure, lightning-fast transfers at guaranteed Google rates. Users consistently praise its competitive exchange rates, often highlighting how much more recipients get compared to other major providers like Remitly, Wise, Skrill, and ICICI Bank. The platform facilitates transfers from key regions including the UK, UAE, and US to India, with plans for expanded coverage. Aspora has garnered the trust of over 1 million users, securely transferring over $2 billion globally and saving users more than $50 million in forex fees by 2026.
The Aspora app receives high marks for its user-friendly interface and efficiency, making it simple to navigate and complete transactions quickly. Many users report transfers happening instantly or within minutes, a critical factor for convenience. Beyond speed, Aspora prioritizes security with proactive fraud detection services and funds held with regulated financial institutions, ensuring peace of mind for senders and recipients. Customer support is readily available 24/7 to assist with any inquiries or issues, further enhancing the user experience. Aspora also rewards its users with incentives like a zero fee for the first transfer and referral bonuses, adding significant value.
While Aspora generally receives excellent feedback for its service and application, some users have noted occasional payment delays and concerns regarding changes in transfer fees or the availability of offers over time. However, the company actively engages with customer feedback on platforms like Trustpilot, demonstrating a commitment to addressing user issues. Aspora supports various payment methods for sending money, although specific details on funding options are best confirmed directly on their platform or app. With regulatory compliance in multiple regions - FCA in the UK, FINTRAC and Bank of Canada in Canada, partnership with Lulu International Exchange in UAE, and FinCEN registration in the US—Aspora reinforces its commitment to secure and compliant financial services.
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Is Aspora safe?
Check the legal entity, regulator, safeguarding terms and complaint process that apply in your jurisdiction. A provider's availability and protections can vary by country.
Read our safety checklist →FAQ
Is Aspora safe for international transfers?
Yes, Aspora prioritizes security with proactive fraud detection services and holds funds with regulated financial institutions. They are regulated by the FCA in the UK, FINTRAC and Bank of Canada in Canada, partner with Lulu International Exchange in UAE, and are FinCEN registered in the US, ensuring compliance and security for senders and recipients.
How long do Aspora transfers take?
Aspora is known for its speed, with many users reporting transfers happening instantly or within minutes. However, some users have noted occasional payment delays. It is advisable to check the estimated delivery time for your specific transaction directly through their app or website.
What are Aspora's exchange rates like?
Aspora is praised for its competitive exchange rates, often matching Google's live rates. They claim to offer guaranteed Google rates, helping users save on forex fees. You can compare their live rates in the app to see how much your recipient will receive.
Does Aspora have transfer fees?
Aspora offers a zero fee for the first transfer and promotes referral bonuses. While they aim for competitive pricing, some users have reported concerns regarding changes in transfer fees over time. Always check the fees for your specific transfer before confirming.
Which countries does Aspora support for transfers?
Aspora primarily facilitates transfers from key regions including the UK, UAE, and US to India. They also have regulatory compliance in Canada. Aspora plans to expand its coverage, so check their app or website for the most current list of supported countries.
What payment methods can I use with Aspora?
Aspora supports various payment methods for sending money. While specific details on funding options are best confirmed directly on their platform or app, their user-friendly interface is designed to make transactions simple.