WorldRemit vs Moneycorp Comparison

WorldRemit, established with the vision of simplifying remittances, has carved a niche for itself as a customer-friendly platform, enabling users to send money to over 130 countries with ease. Its services are particularly tailored towards individuals, offering features like cash pickup and mobile payments.

On the other hand, Moneycorp, with its roots stretching back to 1979, has evolved into a powerhouse for both personal and business foreign exchange services. Trading over Β£73bn in 2022, Moneycorp offers a wide array of sophisticated financial solutions, including hedging and mass payments, catering to a global clientele.

Both companies boast strong regulatory frameworks, ensuring safe and secure transactions for their users.


Company NameWorldRemitMoneycorp
WorldRemit ReviewMoneycorp Review
Customer rating4.2/54.4/5
# Rating Customers62,000+ on TrustPilot5,458 aggregated user votes
Top 3 Pros
  • Customer-Friendly
  • Excellent App
  • Excellent Global Coverage
  • Operating since 1979
  • More than Β£73bn Traded in 2022
  • Very Transparent
Top 3 Cons
  • Limitations on Transfer Amounts
  • Transfer Online Only
  • Layoffs in 2022 and Paused IPO Plans
  • Negative Reviews for Mobile App
  • “Oldschool” feel
  • Limited to bank transfers


Company NameWorldRemitMoneycorp
Office locationsUK, Poland, Philippines, USA, Canada, AustraliaUK, USA, France, Spain, Ireland, Hong Kong, Australia, Brazil, Gibraltar, UAE, Romania
# Currencies70120


Company NameWorldRemitMoneycorp
Regulated byFCA, ASIC, and othersFCA, FinTRAC, ASIC, and others
HTTPS SecuredYesYes
Segregated Customer AccountsYesYes

Limits and Fees

Company NameWorldRemitMoneycorp
Min transferΒ£1Β£50
Max transferVaries by countryNo upper limit
Fixed feesVaries by country and methodNo fixed fees
See rates before you log in?YesYes

Customer Support

Company NameWorldRemitMoneycorp
Dedicated DealerNoYes
Live ChatNoNo

Ways to Transfer

Company NameWorldRemitMoneycorp
Online SystemYesYes
Online AppYesYes
Multi-Currency AccountNoYes
Cash PickupYesNo
Card Top-UpYesNo

Additional Functions

Company NameWorldRemitMoneycorp
Mass paymentsNoYes
Cash chequesNoNo
Multi-Currency Debit CardNoNo


On MoneyTransferComparison, Moneycorp has received a higher editorial score. The advantages of Moneycorp over WorldRemit are these:

  • Moneycorp has been operating since 1979 and has traded more than Β£73bn in 2022, indicating a strong and stable presence in the market.
  • It also offers a very transparent business model, sharing annual reports despite being a private company.
  • Provides a wider variety of sophisticated payment solutions such as mass payments and delayed payments.

WorldRemit is better for smaller, personal transfers, especially given its focus on remittances and its ability to offer services like cash pickup and card top-up, making it ideal for sending money to family and friends in countries with less access to banking services.

Moneycorp is better for larger transfers and for businesses or individuals requiring more sophisticated financial instruments such as hedging, mass payments, and a multi-currency account, making it suitable for corporate clients and those needing more complex financial solutions.