WorldRemit vs. WorldFirst

We compare two popular online transfer services to find out which one offers the best value for money.

Last updated:

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

WorldRemit and WorldFirst both offer a convenient international money transfer service and allow you to send funds to countries all around the world. But which is the best choice for your next overseas transfer?

To find out, we’ve compared WorldRemit and WorldFirst head to head to see how their exchange rates, fees and transfer times stack up.

The fees and rates used in this comparison are accurate as of February 7, 2019.

WorldFirst US closure

WorldFirst discontinued its services in the US on January 30, 2019. The company no longer accepts new trades or transfers from US customers.

If you’re a personal or business customer who’s concerned about your account, call 737-226-5240 for assistance.

Why we like: WorldRemit

WorldRemit - Hero

Your first transfer is free with the code FINDER.

  • The first transfer is free
  • 30,000+ partner agent locations worldwide
  • No minimum transfer amount

Why we like: WorldRemit

Send money to 140+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide.

  • Use promo code FINDER to send your first transfer with no fee.
  • Easy to use with round-the-clock help.
  • Get cash to family and friends in minutes.

Which has lower fees?


WorldRemit charges flat transaction fees that vary depending on the amount of money you transfer, where you’re sending it and how your recipient will access the money. Bank transfers tend to be the most affordable option and commonly attract fees of around $3.99, but the range of variables that can affect fees means the cost will vary depending on your specific transfer circumstances. Happily, you can use WorldRemit’s online calculator to determine the fees that apply to your transaction without having to sign up for an account.


WorldFirst does not charge any fees on international transfers for personal accounts, and instead makes money on the exchange rate margin.

Trophy icon
Winner: WorldFirst

WorldFirst doesn’t charge any transfer fees and is the clear winner in this category.

However, please note that this doesn’t necessarily mean your transfer will be cheaper with WorldFirst. Each service offers different exchange rates, which we’ll examine below.

Let’s crunch the numbers: Sending AUD$1,000 to Germany

To give you a better idea of how WorldRemit and WorldFirst compare, let’s look at a hypothetical example of sending $1,000 to Germany from an Australian bank account. For the sake of clarity, we’ll send a bank transfer.

Sending $1,000 to Germany
Transfer fee$3.99$0.00
Transaction cost$1,003.99$1,000
Exchange rate1 AUD = 0.6160 EUR1 AUD = 0.6219 EUR
Transfer speed1-3 working days1 working day
Total received (in EUR)€616€621.88

As you can see in the table above, using WorldFirst instead of WorldRemit for this hypothetical transaction could save you $3.99 in transfer fees and allow you to send an extra €5.88 to your recipient.

Which offers better exchange rates?


WorldRemit updates its exchange rates daily and adds a margin on top of the mid-market rate. While the margin varies depending on the currency you send, WorldRemit typically offers a margin of around 1-2%. For example, if you wanted to send a transfer from Australia to the UK:

  • If the mid-market rate is 1 AUD = 0.5498 GBP
  • WorldRemit’s rate might be 1 AUD = 0.5411 GBP


The margin offered by WorldFirst generally ranges between 0.2% and 2%, but once again it will vary depending on the currency you want to send. For example, if you wanted to send GBP to the UK from Australia:

  • If the mid-market rate is 1 AUD = 0.5498 GBP
  • WorldFirst’s rate might be 1 AUD = 0.5470 GBP

Trophy icon
Winner: WorldFirst

WorldFirst generally offers a smaller margin and therefore a better exchange rate than WorldRemit.

That said, this isn’t always the case, so it’s worth comparing quotes before committing to a provider.

Which is faster


Transfer times with WorldRemit vary depending on the transfer method you select and where you are sending your money. However, WorldRemit lists the following transfer times:

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


Transfer times vary on the currency you’re sending, the bank used and the amount of money you’re transferring. If you’re sending a major currency like GBP, USD or EUR, WorldFirst claims that same-day payments are usually available once it has received your funds. However, some other transactions can take up to four days to complete.

Trophy icon
Winner: WorldRemit

WorldRemit offers several transfer options that allow your recipient to access funds instantly or almost instantly, making it the clear winner here.

General features

Payment methodsMinimum and maximum transfersDelivery methodsTransfer speedsCountries and currencies
  • Bank transfer
  • Credit card
  • Debit card
  • Android Pay
  • Apple Pay
  • Minimum: $1
  • Maximum: $9,000
  • Bank transfer
  • Mobile wallet
  • Cash pickup
  • Airtime top-up
  • Door-to-door delivery
Within an hour145+ countries
  • Bank transfer
  • Minimum: $1,000
  • No maximum
  • Bank transfer
1 day60+ currencies


To send an international transfer with WorldRemit, the first step is to sign up for a free account. You’ll then need to specify the currency and amount you want to send, as well as who you’ll be sending it to. You can pay for your transaction via bank account transfer, credit/debit card and Android Pay or Apple Pay. WorldRemit also offers five different transfer types.


Once you’ve signed up for an account with WorldFirst, you can begin a transfer request by selecting the currency you have and the currency you want to send, and entering your transaction amount. You’ll also need to provide your recipient’s bank account details and review the exchange rate you’ll receive before submitting the transaction. The funds will then be deposited into your recipient’s bank account.

Read review: WorldFirst

Bottom line

While it was a close contest, WorldFirst is the winner thanks to its (generally) higher exchange rates and no transfer fees — but only if you don’t live in the US. However, WorldRemit is well worth considering if transfer speed is a priority.

Ultimately, it’s important to compare a wide range of international money transfer services to find the best value for your transaction.

Alternatives for US customers

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 0 1 - 2 days USD 1.99 0.903 EUR 9,027 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
USD 1 1 - 2 days USD 0.00 0.917 EUR 9,167 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
USD 1 1 - 2 days USD 80.00 0.921 EUR
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
GBP 1,000 1 - 2 days USD 0.00 0.918 EUR 9,176 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.
Go to site Show details
USD 1,000 1 day USD 0.00 0.918 EUR 9,176 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
USD 5,000 1 day USD 0.00 0.918 EUR 9,176 Venstar will support you through the entire process of your international transactions, from start to finish. 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.

Frequently asked questions

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site