How it works
- Create an account. Sign up with your email address and choose a strong password.
- Start a transfer. Select the receive country, enter amount and choose the receive method.
- Enter receiver’s details. Keep your receiver’s information ready!
- Pay for your transfer.
How long does it take to receive money from world remit?
How long will it take for the money to arrive? In most cases, transfers sent using WorldRemit arrive within minutes. You will see the expected delivery time before you make payment. We aim to complete transfers within the suggested time, but some transfers may take longer depending on how the money is being received.
How do I redeem WorldRemit money?
Withdrawing money from your WorldRemit Wallet is free. Select the ‘Transfer’ button below your balance and choose to withdraw using your preferred pay-out option (e.g. options typically include cash pickup, bank transfer or mobile money transfers etc). Select the amount you want to withdraw.
How much money can you send through WorldRemit?
The maximum send amount per month is 24,999 Rand. The maximum send amount per transfer is 4,999 Rand.
How do you receive money from WorldRemit? – Related Questions
Which banks use WorldRemit?
Your recipient can collect from any branch of the following banks:
- Access Bank.
- FCMB.
- Fidelity Bank.
- First Bank.
- GT Bank.
- Polaris Bank.
- Union Bank.
- United Bank for Africa (UBA)
Which countries uses WorldRemit?
WorldRemit offers bank transfers to dozens of countries around the world.
If this is the case, please check back often as we are continually adding new countries and services.
- Bangladesh.
- India.
- Indonesia.
- Malaysia.
- Nepal.
- Pakistan.
- Philippines.
- Singapore.
How much can I send through WorldRemit to Nigeria?
How much can I send to bank accounts in Nigeria? You can send a maximum of USD 5,000 per day. There may be lower limits depending on the country from where you are sending the money, along with the payment method used for the transfer. Please see the relevant sections in Payments for further information.
Is WorldRemit cheaper than Western Union?
Overall WorldRemit is better than Western Union for money transfers. WorldRemit is cheaper due to lower fees and better exchange rates. They also offer more ways to receive money overseas and pay for transfers. Western Union is a faster option for cash pick up in over 500,000 outlets.
Does WorldRemit hold money?
Like many digital accounts, WorldRemit sets a cap on how much money can be held within each Wallet for security purposes. Balance limits vary by region so the amount you can hold depends on where you live.
How many times can I send money through Remitly?
Remitly has set different sending limits for different tier users. Tier I users can send up to $999 daily, $2,999 weekly, $6,000 monthly and $18,000 every six months. Tier II users can send up to $6,000 weekly, $20,000 monthly, and $36,000 every six months.
Which is better Western Union or Remitly?
Overall, our findings between Remitly vs Western Union are that you will typically find lower rates, faster transfer times, and more efficient customer service when using Remitly’s services. The brand receives excellent reviews, offers competitive rates, and can complete the majority of transfers with minutes.
How much does Remitly charge to send money?
Money arrives in minutes for a flat fee of $3.99. How fast? With Remitly Express, transfer time ranges from a few seconds to a few minutes. Credit card transfers have an additional 3% fee.
Where is Remitly located?
Locations
| Country |
City |
Address |
| United States |
Seattle |
1111 3rd Ave #2100 HQ |
| United States |
Spokane |
|
| Ireland |
Cork |
Penrose Dock, Victorian Quarter |
| Nicaragua |
Managua |
|
Which country owns Remitly?
Remitly is an online remittance service based in Seattle, United States that offers international money transfers to over 135 countries. It was founded in 2011 by Matthew Oppenheimer, Josh Hug, and Shivaas Gulati and became publicly traded on the Nasdaq exchange in September of 2021.
How do I receive money from Remitly?
How do I receive money? If a friend or family member is sending you money using Remitly, you’ll need to let them know the following information to receive money: How you want the money delivered. Any necessary account or ID information (like a bank account number or the location you want to pick up cash)
Which bank works with Remitly?
We have partnered with banks in Nigeria including GT Bank and Polaris Bank, making the process simple.
Do you need a bank account for Remitly?
If you’d like to send the transfer directly to your recipient’s bank account, you’ll also need to have their payment details on hand. You’ll need: Your recipient’s bank account number. The name of the bank.
Why is Remitly asking for bank statement?
If we ask for a bank statement, that means we need to make sure you have enough money in your account for your transfer. Make sure the statement has the balance to cover the transfer.
How do I verify my WorldRemit account?
If we need to verify your address we will contact you by email. You’ll need to reply to the email with your address document as an attachment. The name and address on the document must match the details on your WorldRemit account.