WorldRemitby Aethyna Mar 19, 2019 | 0 Votes | 0 Used | 0 Reviews - rate WorldRemit is a company that allows almost instantaneous online money transfer from one country to another at reasonable fees via an easy-to-use system. In fact, you can even use its app, available both on iOS and Android, to send money to your loved ones in over 150 countries with a just couple taps! Apply Now Similar Sites Used
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WorldRemit is a company that allows almost instantaneous online money transfer from one country to another at reasonable fees via an easy-to-use system. In fact, you can even use its app, available both on iOS and Android, to send money to your loved ones in over 150 countries with a just couple taps!
What You Get
Upsetting the status quo of banks and other traditional money transfer services, WorldRemit lets you send your money to a loved one quickly, easily and effortlessly – all you need is an internet connection, the WorldRemit app (available on both iOS and Android), info about your recipient, and the money you want to transfer.
It even gives you more ways to send. You can deposit the money straight into a family or friend’s bank or eWallet account; send it to any of the listed collection points which your loved one could pick up the cash within minutes; or you could send the money as an emergency airtime top-up just so your friend or family could still stay in touch with you.
However, we’ve noticed that not all of these options are available for every country in their list of 150 countries. For instance, if you are to send money to the US, you can only send it as a bank transfer or as an airtime top-up only. The only country with all options available is the Philippines. In fact, the company provides a slew of additional benefits for its Filipino users (more details under Highlights), making WorldRemit the perfect choice if you’re looking to send money back to family and friends in the Philippines.
Aside from making money transfer easier than ever, WorldRemit also does its job fast! Most of the time, your recipient will get the money you’ve sent within minutes, regardless of the money transfer method you’ve opted for.
WorldRemit also prides itself as the world leading online money transfer company when it comes to transferring money from the US and the UK to the Philippines, and they do give a lot of nice incentives to their Filipino users. If you’re transferring your money to the Philippines, know that you can get a waiver on your first transaction simply by using the promo code “FREE” during payment.
Even if you’re already a customer of WorldRemit, you can still get a nice discount simply by referring your friends. Both you and your friend will get £20 off for your next transaction. Not to mention, unlike other transactions where the currency you have will automatically be converted into the local currency of your recipient, you can choose between sending your money as USD or Philippine Pesos and your recipient will receive the currency you’ve sent.
What about the costs and the fees though? Well, the fees can fluctuate quite a bit depending on the country you send your money to and the currency you have on you versus the currency your recipient will be receiving. However, the company is pretty transparent about any charges they add to your transaction. Aside from promising low fees and having no extra hidden charges, they also list all the exchange rates upfront so you’d know how much your recipient will be getting after the currency exchange.
The transactions you make are all very secure too. WorldRemit is authorized and regulated by the Financial Conduct Authority (FCA) under the Payment Service Regulations 2017 and Electronic Money Regulations 2011, and it is trusted by renowned companies like Visa, Mastercard, Microsoft Azure, and the Pci Security Standards Council. You can even read some of the reviews from its users on Trustpilot where WorldRemit has an almost perfect score.
Sending money overseas has never been easier, quicker, safer and more convenient to both the sender and the recipient than with WorldRemit. Of course, considering the numerous benefits it provides to its Filipino users, if you want to send money to the Philippines, this is definitely THE service to use!