WorldRemit Money Transfer Review

2021 Update: WorldRemit’s review score was downgraded slightly from 81.0% to 77% due to client complaints and feedback that was left in our WorldRemit review comment section below.

In this WorldRemit review, we will talk about the pros and cons of using this money transfer company for international payments and remitting money home. We will focus on the important aspects of the service like fees, exchange rates, regulation and the ease of using WorldRemit’s trading platform.

📝 Based on our editorial rankings, WorldRemit is not part of our list of top-rated money transfer companies for October 2021. We encourage you to have a look at this WorldRemit recommended alternatives.
Logo
🏛️ Established2010
🌎 International Clients

✓ UK, USA, Brazil, Canada, Europe, Africa (certain countries) and Asia (far east and middle east).

A really impressive international footprint – one of the largest of any remittance company.

💱 Currencies Offered70 currencies to over 130 countries
💷 Minimum Transfer£1
📲 Trading viaOnline Platform only
🏢 Offices InUK, Poland, Philippines, USA, Canada and Australia
⚖️ Regulation

Financial Conduct Authority (UK)

ASIC (Australia)

Local state regulation throughout US

FINTRAC (Canada)

🤯 FeesAs low as £1
Promotional CodeFirst three transfers fee free (code 3FREE)
👨‍👩‍👧‍👦 Client ReviewsOver 50,000, mainly on TrustPilot
⭐ Client Rating4.0/5.0
Websitewww.worldremit.com
🏆 Awards
  • Best Money Transfer – International Association of Money Transfer Networks (IAMTN), 2012
  • Global Forum on Remittances and Development (GFRD), 2015
  • The International Fund for Agricultural Development (IFAD)- Best Practice in Remittances for Development, 2015
  • Deloitte Technology Fast 50, 2015
  • Financial Times – Excellence in Transformational Business, 2017
  • European Contact Centre Awards – Bronze Award for Best Risk/Fraud Management Initiative, 2018
  • Sunday Times – Tech Fast Track 100, 2020
👍 AdvantagesTransfer from £1
Send to 130 Countries
Remittances-Oriented
Cash Pickup / Airtime Top-Up
Good Client Reviews (Most of them)
Transparent Quote
Supports Interac (Competitors don’t)Wide Global Footprint – Register from over 50 countries
👎 DisadvantagesLimitations on Transfer Amount
Transfer Online – No Phone Transfers
No Hedging Tools
Some Complaints about Service
Bad Reviews from Past Employees

View Recommended Alternatives:

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Headquarters:
IDA Business and Technology Park, Ring Road, Kilkenny, Ireland R95 ETN5
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Why Them?
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