RIA_ Money Transfer company

Registered Investment Advisor RIA

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 Registered Investment Advisor RIA

Ria is the Third Largest Money Transfer Company All Over the World: Features, History, Mission, Vision, Values, and More

  1. Introduction

In today’s interconnected world, money transfer services are essential. Among the top global players, Ria Money Transfer stands out as the third-largest money transfer company worldwide. With a commitment to affordability, speed, and reliability, Ria has helped millions of people send money across borders securely. This article provides a comprehensive analysis of Ria’s journey, features, organizational structure, policies, and everything else you need to know.

RIA_ Money Transfer company

  1. About Ria Money Transfer

Ria Money Transfer is a global leader in the remittance industry, offering efficient money transfer services across more than 160 countries. As a part of Euronet Worldwide, Ria leverages cutting-edge technology and a vast agent network to provide fast, secure, and cost-effective services.

Whether you are sending money to family, friends, or business associates, Ria ensures that your funds arrive safely and promptly. It is particularly popular among migrant communities for its affordable fees and accessible locations.

  1. History of Ria

Ria was founded in 1987 in New York City, United States, with a mission to make global money transfers simpler and more accessible. From a modest beginning, Ria has grown into a multinational enterprise.

Key Historical Milestones:

  • 1987: Ria Envia Inc. was established in NYC.
  • 2006: Acquired by Euronet Worldwide, a global fintech leader.
  • 2010s: Rapid global expansion into Europe, Latin America, Asia, and Africa.
  • 2020: Partnered with major companies like Walmart for domestic and international transfers.
  • 2022: Digital services enhanced with a powerful mobile app and digital wallet integration.
  • 2024: Recognized as the third-largest money transfer company globally by market share.
  1. Key Features of Ria Money Transfer

Here are the standout features that make Ria a top choice worldwide:

  • Global Reach: Present in over 160 countries with 500,000+ agent locations.
  • Low Fees: Competitive rates with transparent fee structures.
  • ⚡ Fast Transfers: Most transactions processed within minutes.
  • Mobile App: Easy-to-use mobile app for Android and iOS users.
  • Security: End-to-end encryption and compliance with financial regulations.
  • Multiple Payout Options: Bank deposit, cash pickup, mobile wallet, and home delivery.
  • ‍ Customer Service: Multilingual 24/7 support team.
  • Flexible Payment: Supports credit card, debit card, and bank transfers.
  1. Mission Statement

“To provide accessible, affordable, and secure money transfer services that bring people closer across borders.”

Ria aims to foster financial inclusion and help individuals support their families and communities back home by offering simple and effective financial services.

  1. Vision Statement

“A world where financial borders don’t separate people.”

Ria envisions a future where sending money internationally is as simple and seamless as sending a text message, empowering communities and enabling economic growth worldwide.

  1. Core Values

Ria’s corporate culture is built around the following values:

  • Integrity – Upholding honesty and transparency in all transactions.
  • Customer Focus – Putting customers’ needs first.
  • Innovation – Embracing technology to improve service quality.
  • Diversity & Inclusion – Serving people of all cultures and backgrounds.
  • Responsibility – Complying with all global regulations and ethical standards.
  1. Headquarters and Global Presence
  • Headquarters:
    7000 Village Drive, Suite 200, Buena Park, California, USA.
  • Global Offices:
    Located in Spain, Mexico, India, UK, Philippines, Malaysia, UAE, and more.

Ria’s global footprint ensures that customers have access to their services virtually anywhere on the planet.

  1. List of Executives and Governors

While Ria doesn’t follow the central bank-style governance structure, it is led by a professional executive team:

  • Juan Bianchi – CEO, Money Transfer Segment, Euronet Worldwide
  • Robert Clements – CTO
  • Antonio Gutierrez – CFO
  • Brian Fox – Global Head of Operations
  • Beatriz Sandoval – Director of Marketing

These individuals bring decades of experience in fintech, banking, and remittances.

  1. Founding Year and Milestones
  • Founded: 1987
  • Years in Operation: Over 35 years
  • Major Milestone: Surpassed 1 billion transfers globally by 2023.

This timeline highlights Ria’s commitment to evolving and scaling its operations to meet increasing demand.

  1. Present Reserve and Financial Standing

As part of Euronet Worldwide, a publicly traded company on NASDAQ (EEFT), Ria benefits from strong financial backing.

  • Net Revenue (2023): Approx. $900 million (for money transfer segment)
  • Present Reserve: Confidential, but backed by Euronet’s reserves and FDIC-insured accounts in the U.S.

Ria maintains financial stability through strict compliance, liquidity management, and regulatory oversight.

  1. Regulation and Compliance

Ria is licensed and regulated in every country it operates in.

Key Regulators:

  • United States: FinCEN, State Licensing Agencies
  • European Union: EU Payment Services Directive (PSD2)
  • UK: Financial Conduct Authority (FCA)
  • Mexico: CNBV
  • India: RBI Compliance (partnered with local agents)

Ria also complies with AML (Anti-Money Laundering), KYC (Know Your Customer), and OFAC sanctions.

  1. Ria’s Monetary Policy

Although Ria doesn’t issue currency like a central bank, its internal monetary policy ensures:

  • Consistent liquidity across payout locations
  • Real-time exchange rate adjustments
  • Risk hedging strategies using derivatives
  • Transaction limits to reduce fraud and money laundering risks
  1. Departments and Organizational Structure

Ria operates with the following key departments:

  • Operations – Oversees day-to-day transfer logistics
  • Technology & Development – Builds digital tools and mobile apps
  • Compliance & Legal – Manages regulatory requirements
  • Customer Service – Multilingual support teams
  • Marketing – Promotes services and handles affiliate partnerships
  • Finance & Treasury – Manages cash flows, reserves, and reporting

Each department works in synergy to offer a seamless money transfer experience.

  1. Key Functions of Ria Money Transfer
  • Money Transfers: International and domestic
  • Bank Deposits: Direct to recipient’s bank account
  • Bill Payments: Available in selected countries
  • Mobile Wallet Top-Ups: Especially in Africa and Asia
  • Currency Exchange Services: At agent locations
  • ‍ API Integration: For corporate remittance platforms
  • ‍ White-label Solutions: For banks and fintech partners
  1. Ria’s Exchange Rate Mechanism

Ria uses a real-time foreign exchange engine that updates rates multiple times a day based on:

  • Interbank market rates
  • Country-specific demand/supply
  • Currency volatility
  • Regulatory caps

Users can view the live exchange rate on the Ria website or mobile app before making a transfer.

  1. Number of Employees

As of 2024, Ria employs:

  • Over 4,000 full-time employees
  • Plus, hundreds of thousands of partner agents and retail staff worldwide

The workforce is spread across 40+ countries, ensuring localized support and operations.

  1. Website Address and Online Services

Services Offered Online:

  • Send money worldwide
  • Track transfer status
  • Estimate fees and rates
  • Customer support live chat
  • Download the Ria Mobile App
  • View transaction history

Ria’s website is multilingual and offers a fast, secure way to send money from the comfort of your home.

  1. Conclusion

Ria Money Transfer has successfully positioned itself as the third-largest money transfer company in the world by consistently delivering speed, security, and affordability. With a presence in over 160 countries, innovative digital tools, and a customer-first approach, Ria continues to redefine the global remittance landscape.

Whether you’re a migrant worker sending money back home or a business looking for secure international payments, Ria offers a reliable, regulated, and user-friendly solution. Its mission to connect people through money shows in every transaction.

  1. FAQs
  2. Is Ria cheaper than Western Union?

Yes, Ria often has lower fees and better exchange rates, depending on the country.

  1. How long does a Ria transfer take?

Most transfers are completed within minutes, though it can vary based on location and payout method.

  1. Can I send money from the Ria app?

Absolutely. The Ria Money Transfer app is available on Android and iOS.

  1. Is Ria safe to use?

Yes. Ria is regulated in over 160 countries and uses secure encryption technologies.

  1. What ID is needed to collect money from Ria?

A valid government-issued photo ID is usually required.

Services of Ria:

> Money Transfer
>> Prepaid Debit Card
>> Currency Exchange
>> Mobile top up
>> Bill Payments
>>  Check Cashing
>> Payout at Euronet ATMS

Five Steps to send money through Ria:
Step – One (Register)
>> To complete registration
Step- Two( Select country)
>> To select country and amount which you intend to send
Step- Three ( Delivery Method)
>> Select bank deposit, cash pic-up at local agent or  courier delivery where available
Step- four (Payment)
>> Pay with our bank account or Credit/ debit card

How to find Location

To search agent locations
Select country>  State/ Province >  City

Africa

Banin Burkina Faso Cameroon Cape Verde Congo
Cote D’Ivoire Egypt Ethiopia Gambia Ghana

Read more link :www.riamoneytransfer.com/about/about_countries.aspx

How to track of your Transaction
To track the status of your transaction, please enter the order number below and click “Search
Order Number > Search