Competitive fees and exchange rates Large pay-out network Very convenient mobile apps
WorldRemit is an online service allowing people around the world to send money to their friends and family abroad. The company was created in 2010 by Somali migrant Ismail Ahmed, who first recognized the opportunity to make money transfers cheaper and improve the experience of sending money while studying at university in London. WorldRemit’s service is currently available to senders in 50 countries, with money being delivered to bank accounts, as cash, to mobile wallets or as airtime in over 120 countries across the world.
WorldRemit is a low-cost alternative to traditional money transfer services, and the fact that you can transfer money anywhere and at any time using the WorldRemit website or mobile app makes it a highly convenient service. There’s no need to physically go to an agent location, line up and wait. Everything happens online, which means WorldRemit can save on costs and pass these savings on to its customers.
WorldRemit, which has been called “the WhatsApp of money”, is particularly strong on mobile platforms. On the sending side, WorldRemit allows customers to easily send money with their phone using their Android and iOS apps. On the receiving side, WorldRemit delivers money to mobile wallets - which it believes can foster financial inclusion within the unbanked populations - or as airtime topup for migrants to stay connected with their friends and family back home. In fact, a third of the transfers made with WorldRemit are received on mobile phones, and the company claims it is now the leading sender of remittances to mobile wallets worldwide.
by Oyvind Orvik
Effective and quick money transfer.
So far so good for the app. I have not spoken to a person yet, but even the fees are descent. Thank you
by Donna Amoah
This is my third time using the company and the third time I have had to call WorldRemit to chase up the payment. The transaction is quick and takes the...Read more
This is my third time using the company and the third time I have had to call WorldRemit to chase up the payment. The transaction is quick and takes the money off your debit card immediately but its been 40 minutes and still the money has not been delivered and still saying in progress. Its not a lot of money, but it was needed urgently and still not delivered. I have now been waiting 15 minutes on the phone and still no response. This will be my last time using them...Its ridiculous in 2018. WorldRemit should say this is not an immediate service.
by Moses Andima
I wanted to send some money to my wife urgently without having to leave my work place, a friend told me I could use Worldremit. So I signed up and within...Read more
I wanted to send some money to my wife urgently without having to leave my work place, a friend told me I could use Worldremit. So I signed up and within 5 minutes money was already transfered to my wife's mobile money account. It was fast, very reliable.
Please ensure that your rates are attractive compared with other money service transmitters such as Western Union. Thanks
World remit is so easy to use with clear terms of how you are being charged. The deliveries are fast with prompt notification. A beautiful all round...Read more
World remit is so easy to use with clear terms of how you are being charged. The deliveries are fast with prompt notification. A beautiful all round service
Fastest and easiest way to send money world wide.
by ADRIANA JONES
WORLDREMIT HAS BEEN A HUGE RELIEF, I CAN SEND MONEY AT A VERY LOW RATE, ANY WHERE ANYTIME FROM THE CONVIENCE OF MY PHONE
by Tuser Biswas
I have been using this world remit for last one year. No problem. Now suddenly they stopped one of my transaction and disable my account. I called and...Read more
I have been using this world remit for last one year. No problem. Now suddenly they stopped one of my transaction and disable my account. I called and mailed them several time but they give me no reason why they did it. Just says security reason and according to their terms and condition they can close any account anytime! Actually I received some voucher from worldremit for discount on next transactions. I used two of those and have few more left to use. So I think worldremit don't want me to use anymore discount so closed my account without explanation. I feel like being cheated by this type of behavior from them. I mean ... yes there are security things, terms conditions etc. but how you say NO to your customer without any explanation! So ready to be surprised with a disabled account if choose to use worldremit.
Recipient got the money well on time with no hassle2124
Super... This helps me a lot to send money to my love one’s with out trouble. Thank you for the excellent service.
You are the best
by Jerry Verbrugghen
Great service up to now. I'll continue sending money with your services if service level remains top.
Fastest and hassle free.
Nice experience. I can’t expect this much quick response. Thanks for solving my problem
Easy transaction. Excellent execution and above all efficient service
This is the fastest and most convenient way I’ve transferred money. From the comfort of my home.
by Tinashe Gwarazimba
Truly am impressed with your service will continue to do business with you.Tinashe Gwarazimba
by DAVID VINER
SERVICE --WORLD REMIT!! I FIND WORLD REMIT --WONDERFUL-- AND I SAY THEY ARE THE BEST!! 5 STARS FORSURE!
Excellent- will recommend this app to other people.
Money got to resipient On time
Great App...Fast and never disappoints.
by Ousunobun agbontaen
Nice and fast
Fast and reliant service
Thank you for making this easy and for allowing me to help my friends!! You are awesome!!
by Rurik Finol
Ticks all the boxes .. Very happy with it
The process at worldremit was very fast, it was without any problems, the money I have sent could be picked up within a short time, the fees are very low,...Read more
The process at worldremit was very fast, it was without any problems, the money I have sent could be picked up within a short time, the fees are very low, everything perfect. I highly recommend Worldremit
by Harjit Singh
Your processing time is too long so its not useful in emergency cases if anybody will need for money. Apart of this your service is excellent. I’m...Read more
Your processing time is too long so its not useful in emergency cases if anybody will need for money. Apart of this your service is excellent. I’m really like worldremit. And recommend to my other friends and family members.
WorldRemit have excellent customer reviews on Trustpilot, with an average rating of 9.5 stars out of 10. Here’s a summary of what WorldRemit customers have to say: :
WorldRemit is headquartered in the United Kingdom, where it is authorised and regulated by the Financial Conduct Authority (FCA) for the provision of payment services. It also operates and is regulated in the United States, Australia, and Canada. This imposes strict regulations on WorldRemit to protect consumers against fraud and safeguard their funds in case the company has financial difficulties. It requires the company to hold sufficient amounts of capital to ensure financial stability, and to have internal procedures to manage risk.
WorldRemit processed 3.5 million transactions in 2015 alone, transferring close to $1 billion between countries around the world. All connections to WorldRemit through their website and mobile app are secured using 256-bit SSL encryption with a 2048-bit signature. The company is very well capitalized, having raised close to $200m in capital from world-renowned investors such as Accel Partners (investors in Facebook, Dropbox and Spotify) and Technology Crossover Ventures (TCV, investors in Airbnb and Netflix).
WorldRemit employs over 200 people across its 6 offices in the UK, the US, Canada, Australia, New Zealand and Japan. According to reviews by WorldRemit employees on the Glassdoor website, the people working at WorldRemit are “very passionate”, “smart” and “talented” people who “genuinely care about WorldRemit’s mission” and come from diverse backgrounds. The office is wonderful, and the company “sets a very high entry standard” and is “disrupting an industry that overcharges its customers”.
So, is WorldRemit safe? We would not hesitate to say that WorldRemit is completely trustworthy, and is among the most secure remittance services available.
|Time to open an account||A few minutes|
|Advanced currency contracts||No|
|Type of service provider||Online money transfer operators|
|Headquarter||London, United Kingdom|