How Much Does WorldRemit Charge To Send Money?

Who owns WorldRemit?

Ismail AhmedIsmail Ahmed, Founder & Chief Executive Officer, founding WorldRemit was the culmination of 20 years’ experience in the money transfer industry – spanning academic, consulting and in-house roles..

How much does MoneyGram charge to send $500?

The fee for a transfer with MoneyGram varies depending on the amount you want to transfer. MoneyGram charges a flat $5 fee to send amounts between $1 to $49 and a flat rate of $11.50 on amounts between $50 and $499. The fee on amounts of $500 and above is 2%. There is also a maximum amount of $10,000 per transfer.

How long does it take to receive money through WorldRemit in Nigeria?

Over 90% of our bank transfers to Nigeria arrive in less than 10 minutes!

What is the maximum amount you can send through WorldRemit?

For transfers paid for using a credit, debit or pre-paid card, Apple Pay or Android Pay: Limit of AUD5,000 per transaction to a maximum of AUD50,000 in 24 hours.

Can I cancel WorldRemit transaction?

If you wish to cancel a transaction you have made, please contact WorldRemit as soon as possible. After a transaction is paid out we may not be able to refund it, so it is important you contact us as soon as possible to minimise this possibility.

How can I send money fast?

How to send money online, on mobile or in personVenmo: Best rated for mobile.Zelle: Fastest for domestic transfers (tie with Google Pay).Google Pay: Fastest for domestic transfers (tie with Zelle).PayPal: Most popular online.Walmart-2-Walmart: Best for nonbank transfers.More items…•

How do I check my WorldRemit payment?

On the website, you’ll see the ‘transfers in progress’ section at the top of the page. Select a transaction to view its status.In the app, you will see the ‘transfers in progress” section at the top of the ‘activity’ page. Select a transaction to view its status.

Which is best money transfer app?

The 6 best money-sending apps of 2020Venmo – Best overall.CashApp – Best for instant deposits.Facebook Messenger – Best for friends and family.PayPal – Best for freelancers.Zelle – Best for bank-to-bank transfers.WorldRemit – Best for international transfers.

What is the best way to send money to Nigeria?

Here are the best ways to transfer money to Nigeria with TransferWise:Bank Transfer. Bank transfers are usually the cheapest option when it comes to funding your international money transfer with TransferWise. … Debit Card. Paying for your transfer with a debit card is easy and fast. … Credit Card. … PISP. … Swift.

Is WorldRemit cheaper than Western Union?

*WorldRemit is on average 22% cheaper against Ria, Western Union and Moneygram (when sending USD200). Comparison based on the average global aggregate cost to send using data sourced from the World Bank for Q1 2020.

How do I send money through WorldRemit?

In the Wallet tab of the WorldRemit app select one of the currency account tiles you’d like to send money from. Select ‘Transfer’ Select a new or existing recipient in either your country or another country. Enter the amount you want to send – if applicable, our low fees and exchange rate will be clearly shown.

What do I need to receive money from WorldRemit?

What does my recipient need to collect a cash pickup transfer?Valid photo ID that shows their full name. This must match the details supplied on the transaction. … The transaction reference. This will have been sent to your recipient by SMS once the payment is available for collection.

Can you send money to USA through WorldRemit?

Send money from the United States. You can transfer money via WorldRemit from the United States to 140+ destinations across the world.

How quick is a bank transfer?

Payments made using Faster Payments will sometimes be received immediately after leaving your account, but can sometimes take up to 2 hours. This option is free, available 24 hours a day and typically used in online banking, mobile apps, over the phone or in branch.

How much does it cost to send money through WorldRemit?

The transfer fee can range from $3.99 to $24.99 depending on various factors such as the currency, country, amount, and delivery option. WorldRemit offers exchange rates that are much better than what banks offer.

How long does it take to receive money through WorldRemit?

How long will it take for the money to arrive?Transfer TypeTypical AvailabilityCash PickupAvailable to collect instantlyMobile MoneyWithin minutesAirtime top-upWithin minutesHome delivery24 hours – 7 days depending on location1 more row

How much does WorldRemit charge to send money to Nigeria?

WorldRemit Transfer Fees For instance, sending $2,000 through cash pickup to Nigeria from the United States will cost you $16.99 in fees. When you deposit directly to a bank in Nigeria, you’ll pay $23.99.

Where can I pick up money from WorldRemit?

WorldRemit works with a variety of partners, but common cash pick up locations include places like drugstores, grocery stores and banks. These partnerships may change frequently, so be sure to check the WorldRemit website for the most up to date information on partners.