{"id":244540,"date":"2014-11-11T13:46:51","date_gmt":"2014-11-11T02:46:51","guid":{"rendered":"http:\/\/www.finder.com\/ca\/?page_id=244540"},"modified":"2026-06-10T16:38:02","modified_gmt":"2026-06-10T20:38:02","slug":"worldremit","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/international-money-transfers\/worldremit","title":{"rendered":"WorldRemit Review: How Does It Compare in 2026?"},"content":{"rendered":"

What is WorldRemit?<\/h3>

WorldRemit is an international money transfer service that lets customers send money abroad through its mobile app. Founded in London in 2010, the platform now supports transfers from 50+ countries to 130+ destinations worldwide.<\/p>

You can only fund your transfer with a debit or credit card or Apple Pay, as Google Pay and Interac e-Transfer are no longer supported in Canada. Depending on the destination country, recipients can receive money through a bank transfer, cash pickup, mobile wallet or Airtime top-up for a prepaid mobile phone.<\/p>

Is WorldRemit legitimate in Canada?<\/h3>

Yes, WorldRemit is a legitimate money transfer provider that\u2019s registered and regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) through multiple regional entities, including WorldRemit Central Inc. (Ontario), WorldRemit West Inc. (western provinces) and WorldRemit Inc (Quebec). Its Quebec entity is also regulated by the Autorit\u00e9 des March\u00e9s Financiers (AMF).<\/p>

Is WorldRemit safe?<\/h3>

Yes, WorldRemit is generally considered safe to use in Canada because it\u2019s a legitimate money transfer company regulated by Canada\u2019s financial intelligence and compliance authority, FINTRAC.<\/p>

According to WorldRemit\u2019s own security information, customer funds are held in segregated accounts separate from company money, and all users must go through identity verification checks to help prevent fraud.<\/p>

The platform also uses encryption and continuous transaction monitoring to detect suspicious activity. While it\u2019s not a bank and doesn\u2019t offer deposit insurance like CDIC-protected accounts, these safeguards make it a secure option for sending international money transfers.<\/p>

A closer look at the pros and cons<\/h3>
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Pros<\/h4>\n
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  • Low minimum transfer amount.<\/strong> A varied fee system and a minimum transfer amount of just $1 make it easy to send small transfers.<\/li>\n
  • Easy to use.<\/strong> It only takes a few minutes to create an account, and everything can be done on the app.<\/li>\n
  • 24\/7 customer support.<\/strong> Support is accessible through phone, email, live chat and FAQs.<\/li>\n
  • Large range of destinations.<\/strong> Customers in 50+ countries can send funds to recipients in 130+ countries.<\/li>\n
  • Variety of payment and delivery options.<\/strong> You can pay using a debit card, credit card or Apple Pay. Recipients can receive money through bank transfers, cash pickup, mobile wallets or Airtime top-ups, depending on the destination country.<\/li>\n
  • Fast transfer options.<\/strong> Some transfers, including cash pickup, mobile money transfers and Airtime top-ups, process almost instantly.<\/li>\n
  • Transparent pricing.<\/strong> Transfer fees and exchange rates are shown before you confirm a transfer, so you know exactly how much your recipient will receive.<\/li>\n
  • Promotions for new users.<\/strong> WorldRemit typically offers free or discounted transfers for new users.<\/li>\n
  • Referral program.<\/strong> If you share your referral code with friends and they send a minimum amount using WorldRemit, you'll both earn $5 to $35 CAD, depending on where your referee is located.<\/li>\n <\/ul>\n <\/div>\n \n
    \n

    Cons<\/h4>\n
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    • Maximum transfer amounts.<\/strong> From Canada, you can only send a maximum of $4,000 CAD in a single transaction or $40,000 CAD in a 24-hour period.<\/li>\n
    • Fees can be difficult to predict.<\/strong> Fees and exchange rates vary based on the destination country, payment method, delivery method and amount, making costs less consistent than competitors we reviewed with flat-fee pricing.<\/li>\n
    • Doesn't accept Google Pay.<\/strong> WorldRemit accepts Apple Pay, but Google Pay isn't currently available as a payment option for Canadian users.<\/li>\n
    • Fewer funding methods.<\/strong> Compared to some other international money transfer providers we tested, WorldRemit offers more limited payment options in Canada, including no support for Interac e-Transfer.<\/li>\n <\/ul>\n <\/div>\n <\/div>\n

      Alternatives<\/h3>