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Frequently Asked Questions About Azimo
Can I trust Azimo? 🤝
Yes, Azimo can most certainly be trusted. Not only is the company a licensed Authorised Electronic Money Institution, meaning it's duly regulated by the Financial Conduct Authority (FCA) and Her Majesty's Revenue and Customs (HMRC) in the UK, but it also offers institutional-grade security for their platforms, including 256-bit SSL encryption with a 2048-bit signature.
Can I use Azimo in the USA? 🗽
No, Azimo is currently not supported for outgoing international money transfers from the USA. As of June 2021, Azimo is available in the EU/EEA, Switzerland, the UK, Australia, and Canada.
Can Azimo send money to Nigeria? 🌴
Yes. Azimo is among several dozen international money transfer operators authorised by the Central Bank of Nigeria (CBN) to send money to Nigeria. However, following a November 2020 decision by the central bank, money transfers into Nigeria are only permitted in US dollars, meaning you'll only be allowed to send money to Nigeria with Azimo in that currency and no longer in Nigerian naira.
How do I send money via Azimo? 💻
To send money via Azimo, you'll either need to create a new user account on Azimo or log in to an existing one. From there, you'll have the option to set up a money transfer to any one of around 80 foreign currencies in 200 countries and territories using a single, easy-to-understand sending page. To get the job done, you'll need to enter your beneficiary's banking details and specify how you'd like to pay for the money transfer.
Does Azimo work in Pakistan? 🕌
Yes, Azimo can send money to Pakistan, but it's impossible to use the service to send money abroad from Pakistan. To send money to Pakistan with Azimo, you can choose to make a bank transfer to any Pakistani bank account or transfer the money for cash pick-up at any one of around 6,200 agent locations across the country.
Does Azimo work on weekends? 🍸
Yes, it's possible to instruct a new Azimo money transfer on a weekend. However, transfers sent on or over weekends or bank holidays may take slightly longer to work on weekends, as SWIFT transfers and domestic bank transfers in general tend only to be processed on business days.
Does Azimo accept PayPal? 📱
No, it's currently not possible to fund or receive an Azimo international money transfer using PayPal. To use your PayPal balance to fund your Azimo transfer, you'll first need to withdraw the funds from your PayPal wallet into your bank account, from which you'll be able to bank a bank deposit internationally via Azimo.
Does Azimo work in Canada? 🍁
Yes, it's possible both to send money to and receive money from Canada using Azimo.
Does Azimo work in Germany? 🍺
Yes, it's possible both to send money to and receive money from Germany using Azimo.
How long does Azimo take to transfer money abroad? ⏱
In general, Azimo is a speedy money transfer service. While exact transfer times vary depending on the currency, fund-in, and fund-out methods, most international money transfers take less than 24 hours with Azimo, with cash pick-up transfers generally being processed faster than bank and SWIFT transfers.
How do I delete my Azimo account? ⛔
You can only delete your Azimo if you haven't used it to send money within the last five years. This is due to stringent regulatory procedures that Azimo is obligated to follow. However, it is possible to deactivate your Azimo account, which can be done by contacting customer support.
How do I track my Azimo transfer? 🔍
You can track your Azimo transfer in one of two ways. One option is to log in to your Azimo web dashboard or mobile app and look for the status feature on the homepage. The other option is to follow the progress of your transfer via email updates or push notifications, when activated.
Is Azimo safe to use? 🔐
Yes, Azimo is as safe and secure as money transfer specialists go. Not only is the company a licensed Authorised Electronic Money Institution — meaning it's duly regulated by the Financial Conduct Authority (FCA) and Her Majesty's Revenue and Customs (HMRC) in the UK — but it also offers institutional-grade security for their platforms, including 256-bit SSL encryption with a 2048-bit signature.
Is Azimo reliable and legitimate? 👨⚖️
Moving around US$1.5 billion on an annual basis for over a million customers, Azimo is indeed a trustworthy and prominent money transfer service.
Is Azimo better than Wise? ⚖
Azimo and Wise are excellent money transfer services that you can depend on to offer top-notch currency exchange solutions. However, when it comes to fees and exchange rates, Wise is by far the more competitive service according to millions of annual searches run on Monito's real-time comparison engine. Take a look at Monito's full side-by-side review to learn more.
Where is Azimo based? 🧭
Azimo is headquartered in London, UK, and has offices in Krakow, Poland, and Amsterdam, the Netherlands.