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WorldRemit: Conveniently send money overseas and pick up cash

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Send money overseas with WorldRemit's range of options, including to a mobile or cash pick-up location.

  • Good for sending to those without a bank account in a wide range of countries.
  • Not so great for larger transfers due to the low daily minimum.

Check out our full list of pros and cons below.

NZD 1

Min. Transfer Amount

NZD 50,000

Max. Transfer Amount

Within an hour

Transfer Speed

Details

Product NameWorldRemit International Money Transfers
Min. Transfer AmountNZD 1
Max. Transfer AmountNZD 50,000
Transfer MethodsOnline, Bank Account to Bank Account, Cash Transfer
Transfer OptionsOne off payments
Transfer Speed
Minimum transfer time
Within an hour
Customer ServicePhone, Email
Available CurrenciesAED, ALL, AMD, AOA, ARS, AUD, BAM, BBD, BDT, BGN, BHD, BIF, BOB, BRL, BWP, BYN, CAD, CHF, CLP, CNY, COP, CRC, CUP, CVE, CZK, DKK, DOP, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, HKD, HNL, HRK, HUF, IDR, ILS, INR, ISK, JMD, JOD, KES, KGS, KHR, KMF, KRW, KWD, KZT, LAK, LBP, LKR, LRD, MAD, MDL, MGA, MRO, MVR, MXN, MYR, MZN, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RUB, RWF, SCR, SEK, SGD, SLL, THB, TJS, TND, TOP, TZS, UAH, UGX, USD, UYU, VND, WST, XAF, XCD, XOF, ZAR, ZMW
Online Transfer FeeNZD 3.99
Exchange Rate UpdatesDaily

Pros

  • No minimum transfer amount
  • Large range of destinations
  • Competitive exchange rate

Cons

  • Significant amount of transfer fees as amount goes up
  • Maximum amounts apply when sending

WorldRemit's coronavirus response

With the pandemic affecting how we can pick up money transfers, WorldRemit is asking customers to send transfers online through the WorldRemit app. And, where possible, to send to your recipient’s mobile money or airtime accounts. Cash pickup locations may not be available or may have reduced hours as local businesses are affected by movement restrictions.
WorldRemitWorldRemit

Zero fees on your first THREE money transfers

Send money with WorldRemit using the code '3FREE' and pay no fees on your first three money transfers

Last verified

Coupon code ends

Popular WorldRemit coupon codes

Last checked Code description Code
27 Aug 2020 Zero fees on your first THREE money transfers 3FR****

WorldRemit exchange rates and fees

WorldRemit updates its rates daily to reflect changing market conditions and these rates generally compare favourably to the rates available from other providers and banks.

The fee you’ll be paying depends on the amount you send, where you send it and how your recipient will access the money.

Calculate how much sending money overseas would cost with WorldRemit by using our tool below. You can also check out the real-time exchange rate WorldRemit offers and if there are any additional fees.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
NZD 1 Within an hour NZD 3.99 0.695 USD
6,946
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Check if there are any WorldRemit promo codes available

Available currencies

WorldRemit sends money to over 140 countries worldwide, although the transfer types vary depending on the country. Some of the more popular currencies that WorldRemit lets you send to are:

  • INR Indian rupee
  • AUD Australian dollar
  • GBP British pound
  • PHP Philippine peso
  • LBP Lebanese pound
  • EUR Euro
  • LKR Sri Lankan rupee
  • THB Thai baht

What types of transfers can you make with WorldRemit?

Although it varies from country to country, WorldRemit offers a range of ways you can send money, including:

  • Mobile wallet. Send to your recipient’s smartphone wallet. This option is helpful if your recipient doesn’t have a bank account and isn’t near a cash pick-up location.
  • Cash pick-up. You can send money to a cash pick-up location for your recipient to collect. If you choose this option, the person picking it up will need valid photo ID on hand and the reference number.
  • Bank transfer. The money will be deposited directly in the bank account you choose. You’ll need to know their SWIFT code as well.
  • Airtime top-up. This is used when you want to send money directly to your recipient’s mobile to top up their pre-paid plan. Credit top-ups are often instant. Quite a few of WorldRemit’s countries only offer airtime top-up.
  • Door-to-door delivery. Instead of picking up the cash at a fixed location, this option means your cash is delivered physically to your recipient’s home.

How long does a transfer with WorldRemit take?

Generally speaking, most transfers with WorldRemit arrive almost instantly. Some kinds take longer, depending on how you’ve paid for it and what the transfer type is.

For example, if you pay by card, it may take longer while your card is authorised. If you choose home delivery as your delivery method, it can take from between 24 hours and seven days, depending on your location. With a bank transfer, it depends which banks are involved – instant transfers are an option for a selected group of banks.

Transfers typically takeClock icon for transfer speed

1 day

What payment methods does WorldRemit accept?

In New Zealand, you can use cards (debit, credit and prepaid), bank accounts, POLi, Interac, iDEAL, Klarna, Apple Pay and Trustly. Google Pay is not accepted.

Is WorldRemit safe to use?

  • Security and regulation: Government regulated, can enable 2-factor authentication
  • Established: 2010.
  • Number of customers: Over 3 million*.
  • Reviews: TrustPilot gives WorldRemit a score of 4.5 out of 5 stars, based on over 36,000 reviews*
  • Investors: Accel, TCV, LeapFrog
*According to WorldRemit and Trustpilot on 9 April 2020.

WorldRemit is regulated in New Zealand by the Financial Service Providers Register, which regulates finance companies. This means WorldRemit has to keep its clients’ money separate from its own funds, so you’re protected if WorldRemit runs into financial difficulties.

Two-factor authentication is a setting you can put on your account which requires two types of verification when logging in. This adds another layer of protection against anyone trying to hack into your account.

How does WorldRemit make money?

WorldRemit makes its money off both fees and the margin on exchange rates. The fee varies from currency to currency, but most are around the $3.99 mark.

WorldRemit, like most other providers, also adds a margin onto the exchange rate. This is why the exchange rate you get quoted varies from company to company, and also from what you can see on Google or XE.

For example, a provider may quote you 1 NZD = 35.74 PHP for a money transfer to the Philippines, while the rate you can see on Google is 1 NZD = 37.12 PHP. This difference is the margin and it is how providers cover their own fees.

How to create a WorldRemit account and send your first transfer

You can sign up with WorldRemit online and, as soon as you’re verified, can make transactions quickly and easily.

What is WorldRemit’s background?

WorldRemit was launched in 2010 by Somali migrant Ismail Ahmed while he was studying in London. It aims to be a low-cost alternative to services like MoneyGram and Western Union, with the whole transfer taking place online.

WorldRemit has a focus on mobile transfers and sends money to more than 145 countries. Its headquarters are in London, with other offices in New Zealand, Australia, the United States, Canada.

In a nutshell

Pros

  • Competitive fees. The fees are generally quite a lot less than what you’ll find at your bank.
  • Easy-to-use website and app. We were able to sign up and start a transfer in about five minutes.
  • No minimum transfer. With no minimum, WorldRemit is best suited to smaller transfers.
  • Flexible options. Your recipient can receive the money in a number of ways.

Cons

  • No live-chat. If you have questions, you’ll either need to call or fill out an online form.
  • No Apple Pay. If you’re looking to use Apple Pay, WorldRemit is not the right choice for you.

How does WorldRemit compare to other providers?

Our table below shows you the fees and exchange rates you can expect from other money transfer specialists. Compare WorldRemit to the other providers below to see if it’s the best option for you.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 2,500 Same day NZD 0.00 0.696 USD
6,959
Central FX’s dedicated private client team will guide you through the money transfer process from first call to final payment. Go to site Show details
NZD 250 1 day NZD 0.00 0.696 USD
6,959
SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
NZD 0 Same day NZD 0.00 0.695 USD
6,952
Send money in more than 60 currencies. Fee-free international money transfers with a global brand. Go to site Show details
NZD 2,000 2 days NZD 0.00 0.696 USD
6,959
Exclusive offer: $0 transfer fee and discounted exchange rates for all Finder customers.
A higher exchange rate applies to non-finder customers. Send money in more than 60 currencies.
Go to site Show details
NZD 250 1 day NZD 0.00 0.696 USD
6,959
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply. Go to site Show details
NZD 1 Within an hour NZD 3.99 0.695 USD
6,946
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
Go to site Show details
AUD 250 1 - 2 days NZD 15.00 0.696 USD
6,949
A higher exchange rate applies to non-finder customers. Send money in 45 currencies. No fee if you transfer over AUD$10,000. Go to site Show details
NZD 1 1 - 2 days NZD 80.00 0.699 USD
6,931
Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details
NZD 5 1 - 2 days EUR 3.00 0.693 USD
6,933
Special offer: Zero fees on your first 10 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details
NZD 10,000 1 - 2 days NZD 0.00 0.693 USD
6,931
Shop around for the best exchange rate on CurrencyTransfer's online marketplace. Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Want to compare WorldRemit with other services side-by-side?

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