WorldRemit vs Revolut Comparison

WorldRemit, established in 2009, has carved a niche for itself as a specialist in international payments, providing a wide array of services including bank transfers, cash pickups, and mobile money options across over 130 countries.

On the other hand, Revolut, founded in 2015, has quickly risen to prominence as a digital banking alternative, offering users the ability to engage in currency exchange, international money transfers, and access to cryptocurrency transactions through a sleek app.

This comparison seeks to delve into the specifics of what each company offers, helping you decide which might be the best fit for your international money transfer needs.

Customers

Company NameWorldRemitRevolut
Logo
revolut new logo
WorldRemit ReviewRevolut Review
Customer Rating3.9/5 on Trustpilot4.2/5 on Trustpilot
# Rating Customers85,900+148,990
Top 3 Pros
  • Easy to use
  • Fast transfers
  • Good customer service
  • Great currency exchange rates
  • Good app
  • Easy sign-up
Top 3 Cons
  • Service can be slow
  • Some transfer delays
  • Limited currencies for some routes
  • Involved in scandals
  • Partly regulated by FCA
  • Customer service delays

Availability

Company NameWorldRemitRevolut
Logo
revolut new logo
Office LocationsUK, Poland, Philippines, USA, Canada, AustraliaAustralia, Brazil, Canada, France, Germany, India, Ireland, Japan, Lithuania, Poland, Portugal, Russia, Singapore, Spain, Taiwan, UK, US
# Currencies70+150+

Security

Company NameWorldRemitRevolut
Logo
revolut new logo
Regulated byFCA, ASICFCA, European Central Bank
HTTPS SecuredYesYes
Segregated Customer AccountsYesYes
2FAYesYes

Limits and Fees

Company NameWorldRemitRevolut
Logo
revolut new logo
Min TransferΒ£1Β£1
Max TransferVaries by countryNo limit
Fixed FeesVaries by routeVariable
See rates before you log in?YesYes

Customer Support

Company NameWorldRemitRevolut
Logo
revolut new logo
Dedicated DealerNoNo
EmailYesYes
PhoneYesYes
Live ChatYesYes
24/7YesYes

Ways to Transfer

Company NameWorldRemitRevolut
Logo
revolut new logo
Online SystemYesYes
Online AppYesYes
Multi-Currency AccountNoYes
Cash PickupYesNo
Card Top-UpYesYes

Additional Functions

Company NameWorldRemitRevolut
Logo
revolut new logo
HedgingNoNo
Mass paymentsNoYes
Cash chequesNoNo
Multi-Currency Debit CardNoYes

Conclusion

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

  • WorldRemit offers cash pickup and mobile money options, making it more versatile for recipients in various countries.
  • WorldRemit provides a more straightforward fee structure, which can be more transparent for users sending money internationally.
  • WorldRemit has a broader focus on international money transfers, with services tailored specifically for this purpose, including bill payments and pre-paid mobile credit top-ups.

WorldRemit is better for users who need to send money for cash pickup, want to top up mobile credits internationally, or need to make bill payments in other countries.

Revolut is better for users looking for a multi-currency account with a debit card for international spending, those interested in cryptocurrency transactions, and individuals who appreciate a comprehensive financial app for budgeting and savings alongside their international transfers.