- Wide range of supported currencies
- Bank transfers and cash payouts
- Competitive rates
- Easy to use
Not so great for
- Paying by credit/debit card
- Transparent fee information
Unimoni adds a margin on top of the mid-market exchange rate before selling currency to its customers. The mid-market rate is the “real” exchange rate you see listed on Google and Reuters.
The company also charges a transaction fee on all transfers, which varies depending on where you’re sending money and the type of transfer you select.
Unimoni allows you to transfer money to more than 190 countries. Supported currencies include:
Unimoni offers two types of transfers for Canadian customers:
Transfer speeds will vary depending on the delivery method you’ve selected.
There are three ways to pay for your transfer with Unimoni:
Unimoni Canada is regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). Unimoni is part of UAE Exchange Group (UX Holdings Limited), which is a company incorporated under the laws of Dubai International Financial Centre.
Unimoni guarantees the safety of your money and information when sending an online transfer. It uses SSL encryption to secure transactions and Unimoni Canada is reportedly monitored by Norton Secured powered by VeriSign.
Unimoni makes money in two ways:
Here’s what you’ll need to do to send money overseas with Unimoni:
Unimoni is a global money transfer, foreign currency exchange, credit solutions and payment provider. It is part of the UAE Exchange group of companies, which was founded in 1980 and has its headquarters in Abu Dhabi. The group operates in 31 countries around the world and has served more than 15 million customers.
In Canada, UAE Exchange and Money2Anywhere were re-branded to the Unimoni Canada moniker in 2018.
If you want to see how Unimoni’s fees and exchange rates stack up against the competition, check out the comparison table below.
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