OrbitRemit international money transfers

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Fast online transfers in more than 20 currencies, with no fees when you send £10,000 or more.

  • Good for sending money fee-free when it’s £10,000 or more.
  • Not so great if you want to pay with card.

GBP 0

Min. Transfer Amount

No limit

Max. Transfer Amount

3 - 5 days

Transfer Speed

Details

Product NameOrbitRemit International Money Transfers
Min. Transfer AmountGBP 0
Max. Transfer AmountNo limit
Transfer MethodsOnline
Transfer OptionsRegular payments, One off payments
Transfer Speed
Minimum transfer time
3 - 5 days
Customer ServicePhone
Available CurrenciesAUD, BDT, DKK, EUR, FJD, GBP, IDR, INR, LKR, MYR, NOK, NPR, NZD, PHP, PLN, SEK, SGD, THB, USD, VND, ZAR
Online Transfer FeeGBP 2

OrbitRemit exchange rates and fees

When you send money overseas from the UK with OrbitRemit, a fee of £2 applies to all transactions except for transfers of £10,000 or more.

The other cost you’ll need to consider when sending a transfer is the exchange rate OrbitRemit offers. OrbitRemit adds a margin on top of the mid-market exchange rate before completing your transaction.

Compare OrbitRemit to other global money transfer providers

Table: sorted by a combination of service offering and the amount your recipient will receive

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 5,000 1 day GBP 0.00 1.195 EUR
5,977
Take advantage of fee lock-ins and live bookable rates, helping you save up to 85% in hidden bank fees. Go to site Show details
GBP 2,000 1 day GBP 0.00 1.19 EUR
5,950
TorFX guarantee to beat any competitor's exchange rate for a transaction (conditions apply)
(Conditions apply)
Go to site Show details
GBP 3,000 1 day GBP 0.00 1.19 EUR
5,950
Get no fees as a Finder customer when you transfer your money overseas with Global Reach. Go to site Show details
GBP 1 1 - 2 days GBP 0.00 1.196 EUR
5,980
Whatever amount you transfer, XE will not charge you a fee for using their service. 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.

Available currencies

OrbitRemit lets you send money overseas in more than 20 currencies, including the following:

  • EUR Euro
  • AUD Australian dollar
  • BDT Bangladeshi taka
  • INR Indian rupee
  • IDR Indonesian rupiah
  • NZD New Zealand dollar
  • PHP Philippine peso
  • USD US dollar

What types of transfers can you make with OrbitRemit?

OrbitRemit is an online transfer service that supports one-off and recurring transfers. There are two types of transfers available:

  • Bank account transfers
  • Cash pick-up transfers (only available when sending funds to the Philippines or Vietnam)

How long does a transfer with OrbitRemit take?

OrbitRemit transfer times vary depending on where you are sending your money.

While transfers to some destinations, such as New Zealand and India, are completed within one working day, most transactions will take one to three working days.

What payment methods does OrbitRemit accept?

There are two options to choose from when paying for your transaction:

  • Bank transfer
  • POLi transfer

Transfers typically takeClock icon for transfer speed

3 - 5 days

Is OrbitRemit safe to use?

  • Regulation: Regulated in several countries.
  • Established: 2008.
  • Reviews: Rating of 4.7/5* from 19,900+ reviews on Trustpilot.
*According to OrbitRemit and Trustpilot on 5 February 2020.

OrbitRemit is regulated by the Australian Securities & Investments Commission (ASIC) and is registered as a remittance provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC). It is also registered as an authorised payment institution (API) with the Financial Conduct Authority (FCA) in the United Kingdom. All client funds deposited with OrbitRemit are kept in a segregated account that is kept separate from OrbitRemit’s own operating funds.

How does OrbitRemit make money?

OrbitRemit makes money in two ways:

  • It charges a flat fee of £2 on all transfers except those for £10,000 or more.
  • It adds a margin on top of the mid-market exchange rate. The mid-market rate is the “real” exchange rate you see listed on currency conversion sites and is the rate at which banks buy and sell currency from one another.

How to register an account

It’s free to sign up for an account with OrbitRemit by completing the following steps.

How do I make an international money transfer with OrbitRemit?

You can send an international transfer with OrbitRemit by completing the following steps:

  1. Visit the OrbitRemit website and log in to your account.
  2. Once the deposit has cleared, log in to your CurrencyFair account and click the “Exchange” menu.
  3. Enter the amount of money you wish to send and the currency your beneficiary will receive.
  4. Either select an existing recipient or create a new recipient by providing their name and bank account details.
  5. Review the details of your transfer, including the amount being sent, the exchange rate, the transfer fee and your recipient’s details.
  6. Choose your payment method and finalise the transfer.

What is OrbitRemit?

Founded in 2008, OrbitRemit is a global foreign exchange service that offers international money transfers to 39 countries. Headquartered in New Zealand, the company provides transfer services to customers in New Zealand, Australia and the UK. Its mission is to provide fast and secure payments to friends and family overseas, but it also offers business transfers.

In a nutshell

Pros:

  • Bank-beating rates and transparent, fixed fees. OrbitRemit’s exchange rates are significantly better than those on offer from major banks. It also offers a simple and straightforward fee structure, plus fee-free transfers when you send £10,000 or more.
  • 24-hour customer service. If you need help with a transaction, OrbitRemit offers 24-hour phone and live chat customer support.
  • Easy to use. The online transfer service is quick and easy to use with an intuitive user interface.
  • Transfer app available. If you want to send money overseas from your smartphone, OrbitRemit offers an app for Android and Apple devices.

Cons:

  • Limited payment methods. You can’t pay for your transaction using a credit card, debit card or cash.
  • Cash pick-ups only available in Vietnam and the Philippines. If you’re sending funds anywhere other than these two destinations, cash pick-ups are not available.

How does OrbitRemit compare to other providers?

Table: sorted by a combination of service offering and the amount your recipient will receive

To get a better idea of how OrbitRemit stacks up against other international money transfer services, check out the table below.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 5,000 1 day GBP 0.00 1.196 EUR
11,959
Take advantage of fee lock-ins and live bookable rates, helping you save up to 85% in hidden bank fees. Go to site Show details
GBP 2,000 1 day GBP 0.00 1.197 EUR
11,971
TorFX guarantee to beat any competitor's exchange rate for a transaction (conditions apply)
(Conditions apply)
Go to site Show details
GBP 3,000 1 day GBP 0.00 1.197 EUR
11,971
Get no fees as a Finder customer when you transfer your money overseas with Global Reach. Go to site Show details
GBP 1 1 - 2 days GBP 0.00 1.196 EUR
11,959
Whatever amount you transfer, XE will not charge you a fee for using their service. Go to site Show details
GBP 2,500 Same day GBP 0.00 1.197 EUR
11,971
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
GBP 5,000 1 - 2 days GBP 0.00 1.197 EUR
11,971
Clear Capital specialises in sending over 150 currencies abroad for both individuals and businesses. Expect to receive a dedicated account manager and same-day transfers. Go to site Show details
GBP 1,000 1 - 2 days GBP 0.00 1.197 EUR
11,971
Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.
Go to site Show details
USD 0 1 - 2 days GBP 1.99 1.186 EUR
11,861
Quick, affordable transfers around the world. Remitly also has an express option that can transfer your money in minutes for a higher fee. The cheaper option takes several days. Go to site Show details
GBP 5 2 days EUR 3.00 1.196 EUR
11,959
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
GBP 2,500 1 day GBP 0.00 1.197 EUR
11,971
With 17 years of foreign exchange expertise, OFX know the money transfers business very well, offering facilities for one-off and recurring transfers. Go to site Show details
GBP 50 Same day GBP 2.99 1.19 EUR
11,896
Use promo code 3FREE to send your first 3 transfers with no fee.
Send money online anytime, anywhere, with a simple to use platform and transparent fees and exchange rates shown upfront.
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.

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2 Comments

  1. Default Gravatar
    Tim
    August 1, 2017

    Hi, a quick question…..I take it that you can use this service to keep your money in the UK banks while living abroad and sending money to yourself to the bank of your choosing?

    • Avatarfinder Customer Care
      Anndy
      August 1, 2017

      Hi Tim,

      Thanks for your question.

      Yes, OrbitRemit allows you to send from your UK bank account to a recipient’s bank account.

      You may also check this page to compare your other money transfer options.

      Cheers,
      Anndy

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