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WorldRemit vs Ria

We compare these popular transfer services side by side to find the best value for money.

WorldRemit and Ria offer convenient international money transfers to more than 140 countries. Both support a variety of payment and transfer methods. But which company is the best choice for your next overseas transfer? To find out, we’ll compare WorldRemit’s and Ria’s exchange rates, fees and transfer times in this handy guide.

The fees and rates used in this comparison are accurate as of 26 March 2019.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
NZD 1 Within an hour NZD 3.99 0.722 USD
719
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Go to site Show details

Compare up to 4 providers


The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

Which has lower fees?

WorldRemit

WorldRemit charges a flat transaction fee on all transfers. However, the fee amount varies depending on the size of your transaction, where you’re sending the funds and the type of transfer you select. Bank transfers with WorldRemit commonly attract a fee of $3.99, but the total cost of a transaction really depends on the specifics of your transfer. The good news is that you can easily calculate the cost of your transfer by visiting the WorldRemit website.

Ria

Like WorldRemit, Ria’s fees vary depending on your payment method, where you’re sending money and how your recipient will access the funds. You also only have one option when sending money from New Zealand, as you need to go into a Ria location and do this in person. As a result, you can only find out the overall fees for Ria once you actually go to a Ria location and see for yourself in person.

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Winner: Tie

It’s too hard to split WorldRemit and Ria based on transfer fees. While one service will come out ahead for one particular transfer, using a different payment method or sending to a different destination could mean cheaper fees from the other provider.

The most important thing to remember is to compare quotes from both services for the exact transfer you want to send – you’ll then be able to check the fees and exchange rates to work out which offers better value.

Which offers better exchange rates?

WorldRemit

WorldRemit adds a margin on top of the mid-market rate. The size of the margin varies from one currency to the next but is generally around 1–2%. For example, we compared the margin offered on transfers to five destinations:

  • United States. Mid-market rate: 1 NZD = 0.6905 USD. WorldRemit rate: 1 NZD = 0.6823 USD.
  • France. Mid-market rate: 1 NZD = 0.6106 EUR. WorldRemit rate: 1 NZD = 0.5998 EUR.
  • United Kingdom. Mid-market rate: 1 NZD = 0.5237 GBP. WorldRemit rate: 1 NZD = 0.5139 GBP.
  • India. Mid-market rate: 1 NZD = 47.5669 INR. WorldRemit rate: 1 NZD = 46.5641 INR.
  • The Philippines. Mid-market rate: 1 NZD = 36.1870 PHP. WorldRemit rate: 1 NZD = 35.3847 PHP.

Ria

Ria also adds a margin on top of the mid-market exchange rate, but we found that this varies depending on the currency you want to convert to. For example, if you want to send money to Germany:

  • Mid-market rate: 1 NZD = 0.6104 EUR.
  • Ria’s exchange rate: 1 NZD = 0.5587 EUR.

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Winner: WorldRemit

We found that WorldRemit offered better rates for major currencies like USD and EUR, whilst also being more transparent than Ria about their exchange rates. In order to discover Ria’s real rates, you’ll need to go in store and check for yourself before making a transfer.

Once again, make sure you calculate the exchange rate each provider offers for your specific transfer to see which will net your recipient more money.

Which is faster?

WorldRemit

WorldRemit transfer times depend on where you send your money and how your recipient will access those funds. Transfer times are as follows:

  • Bank transfer: Instant transfers to selected banks, 1–3 working days in other cases
  • Cash pick-up: Available to collect instantly
  • Mobile money: Instant or near-instant
  • Airtime top-up: Instant or near-instant
  • Home delivery: 24 hours to 7 days

Ria

Delivery times with Ria vary based on how you pay for your transfer and how it’s received. Transfers paid for with your credit or debit card typically reach your recipient within 15 minutes, while transfers from your bank account take 24–48 banking hours. Cash pick-up transfers and home deliveries are usually available on the same day. However, if you wish to send money from New Zealand, you are required to do this in person at a Ria location.

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Winner: WorldRemit

WorldRemit’s wide range of instant or near-instant transfer options sees it edge ahead in this category.

WorldRemit vs Ria: How they work

ProviderPayment methodsMinimum and maximum transfersDelivery methodsTransfer speedsCountries and currencies
WorldRemit
  • Bank transfer
  • Credit card
  • Debit card
  • Android Pay
  • Apple Pay
  • Minimum: $1
  • Maximum: $50,000
  • Bank transfer
  • Mobile wallet
  • Cash pick-up
  • Airtime top-up
  • Door-to-door delivery
Within an hour145+ countries
Ria
  • Bank transfer
  • Credit card
  • Debit card
  • Cash
  • Must be done in person at a Ria location
  • $2 minimum
  • $5,000 maximum
  • Bank transfer
  • Cash pick-up transfer
  • Home delivery
15 minutes to 48 hours149 countries

WorldRemit

WorldRemit is an online transfer service that allows you to send funds overseas within minutes. You’ll need to sign up for an online account to get started, then specify how much money you want to send, in which currency and where to. Supported payment methods are bank account transfer, credit/debit card, Android Pay and Apple Pay, while you have the option to send five types of transfers

Read review: WorldRemit

Ria

Ria does not operate online within New Zealand, meaning that you will have to go to a Ria location and send the money in person.

Bottom line

Generally speaking, it’s pretty hard to split WorldRemit and Ria. However, exchange rates and transaction fees with the two providers can vary markedly depending on payment and payout methods as well as the currency you’re sending. With this in mind, it’s worth getting quotes from each service for the exact transfer you want to send.

Of course, you should also compare a wide range of international money transfer services alongside WorldRemit and Ria to find one that’s right for your needs.

Looking for more options?

Use our comparison calculator below to weigh up the fees, exchange rates and other details of money transfer providers out there.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 60 1 day AUD 0.00 0.775 USD
775
Skrill offers easy transfers to many popular destinations, but keep an eye out for added fees. Go to site Show details
NZD 250 1 day AUD 0.00 0.77 USD
770
Send guarantees to match any competitor’s exchange rate. T&Cs apply.
Send has fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
NZD 0 Same day AUD 0.00 0.774 USD
774
XE has fast transfers with competitive rates and a range of foreign currency tools. Go to site Show details
NZD 1 Within an hour AUD 3.99 0.774 USD
771
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Go to site Show details
NZD 1 1 - 2 days AUD 8.00 0.778 USD
771
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
NZD 5 1 - 2 days EUR 3.00 0.773 USD
771
Special offer: Zero fees on your first 10 transfers.
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details

Compare up to 4 providers


The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

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