based on 2 reviews

Founded in 2009 by Ismail Ahmed, World Remit is a dedicated foreign exchange and payments company. The privately owned company is headquartered in London, but has offices in Australia and Canada as well. Due to regulatory requirements, World Remit only serves citizens and residents of the UK.

World Remit allows you to send money to the recipient's bank account, or mobile wallet, for cash pickup, or as mobile airtime. The services available may however, vary by country. 30 currencies can be traded bilaterally, and 40 unilaterally using this service.

You can only make spot transactions using World Remit, at the prevailing exchange rate. Payment can be completed via bank transfer or debit or credit card.

World Remit only serves personal users, with no specialised solutions for business customers. The service is recommended for larger transactions, of £5,000 and up.

You can register for World Remit online, by providing some general information and verification. Both proof of ID and bank verification is required.

What our community says

I have been able to send money to India with World Money previously, and am pleased with the service. They are a trustworthy provider, even if they're not always the cheapest.
Oct. 18, 2016, 10:26 a.m.
Great service. Rates seemed reasonable. My new provider of choice.
June 1, 2016, 9:19 a.m.