WorldRemit Reviews

In lesser than 3 minutes you are going to learn about an accurate WorldRemit reviews by our team of online researchers and will help you conclude if WorldRemit is suitable for you or not.

NOTE

In most situations (by using the referral code “SALIUA7“) WorldRemit tends to be the best alternative but we are also going to uncover situations where WorldRemit might NOT your best option and point you in the right direction to who might be.

We also dig deep on real customer reviews, particularly the negative and possitive ones, where we uncover what is important to you.

What is WorldRemit

WorldRemit is an online international transfer service. It can be your best option to save money on local and international transfers and with worldremit you can do the following;

Send cash to your recipient bank account or through cash pickup in minutes
Pay or settle overseas bills
transfer money to mobile wallets
Send Airtime top-ups
Make bank-to-bank transfer

Pros

Very fast and easy to use.
Has one of the best exchange rate compared to others.
Different payout method available such as Sending cash, bank transfers, bill payments, airtime top up and mobile wallets.
Many funding methods supported: Fund your transfers bank transfers and card transfers and country-specific methods.
You can easily make instant transfer.

Cons

There is a limitation to the amount you can transfer but you can increase your limit.
A refund may take time to be effected.
There may be a delay in transaction if the recipient account details are incorrect.
The exchange rate is not stable. It can change in seconds.

Remit money transfer

They charges you a transfer fee on each transaction. This depends on the currency, the amount and the delivery option. Usually, the fee for bank transfer is lower and it is higher for cash pickup and mobile wallet transfers.

The transfer fee can range from $0.99 USD to $5.99 USD and depends on the country and currency.

It makes money in two ways: by charging you a transfer fee and through a margin on the exchange rate.

The good thing about WorldRemit is that they tell you the exchange rate and transfer fee before sending.

You can check rates, fees, and compare it to other Top Transfer Services before you make your transfer.

If you are using a bank then they may charge fees. It does not have a clear list of banks they work with which is one reason for bank-to-bank transfers you may want check other alternatives.

WorldRemit exchange rate

They offers exchange rates that are much better than what banks offer. Still, these rates are higher than the interbank rates, i.e. the rates at which banks buy from each other. This means, while you get a better rate than most banks, these might not necessarily be the best rates.

The easiest way to know if you are getting a good rate on their exchange rate or not is to see how much money is going to actually arrive and compare that with other top money transfer services. You can get the amount that will arrive using their online calculator.

How does WorldRemit work

WorldRemit works in two different ways either directly signing up through their website or by downloading the app

1. using website:

Click on this link to sign up for an account and get free 15 Euro NOW
Enter transfer details: Select where you want to send money and enter the amount to check out the fees.
Verify your identity: with a national ID or other address proof (this varies by country). This is necessary for a licensed money transfer service like WorldRemit.
Enter your recipient’s details and fund your transfer: Depending on your location you’ll have a variety of funding options available (bank transfer, credit or debit card, Poli, Interac, iDeal, Sofort, Klarna, Apple Pay, Tustly, Mobile Money. They don’t accept Google Pay.)

2. WorldRemit app

Download the App on google play store or apple store
fill your Country, Email and create password then enter the referral Code SALIUA7
Enter transfer details: Select where you want to send money and enter the amount to check out the fees.
Verify your identity: with a national ID or other address proof (this varies by country). This is necessary for a licensed money transfer service like WorldRemit.
Enter your recipient’s details and fund your transfer: Depending on your location you’ll have a variety of funding options available (bank transfer, credit or debit card, Poli, Interac, iDeal, Sofort, Klarna, Apple Pay, Tustly, Mobile Money. They don’t accept Google Pay.)

Is worldremit reliable?

WorldRemit is regulated by the financial institutions of the countries where it operates like FCA, FSPR,and AUSTRAC.
WorldRemit also have regional hubs around the world – in the Philippines, the United States, Nigeria, Poland, Cameroon and others.
Customer funds are held in separate accounts in accordance with regulatory standards. This means these funds are never combined with the company’s operating accounts.
Data safety is obviously a key priority for a service like WorldRemit. They say:
- All connections between the WorldRemit website and app are encrypted, they even use machine learning to detect money laundering activity.
- Their website and apps are designed to ensure protection from unauthorized login attempts and transfers.
- They verify the identity of all users to maintain the health of their user pool according to regulatory standards.
- They regularly audit user accounts and transfers for signs of unusual activity.

worldremit customer service

One of the worst nightmares for a customer using an online company or app is having an issue and not being able to reach anyone to help on how to resolve it.

Luckily, this is not usually the case with WorldRemit. Their customer service team is on hand to answer calls and emails 24/7 in several languages and in three different time zones (the UK, US, and the Philippines).

When you contact them, they never disclose any information about your account before verifying that they’re speaking to the account holder. Even when they call you, they willl need to confirm that its you who answered the phone.

WorldRemit reviews by customers

After a detailed research by our experts on different trusted source and after practically examining worldremit from customers point of view, we then tested the WorldRemit and here’s what we found.

1. WorldRemit reviews and rating on Trustpilot

WorldRemit is rated 4/5 on Trustpilot with over 51,900 reviews, which is a solid score.

However, we go far deeper and try to understand the cause – so you can avoid some issues.

Abour 80% of their users had an “Excellent” experience with WorldRemit, while 7% had a “Bad” experience.

2. WorldRemit reviews and rating on Play store

WorldRemit is rated 4.2/5 on Play store with over 104,000 reviews, which is a solid score.

More than 5 millions downloads.

Abour 88% of their users had an “Excellent” experience with WorldRemit, while 5% had a “Bad” experience.