WorldRemit

WorldRemit is an online service that allows beneficiaries receive money from friends and family living abroad, using a computer, smartphone or tablet. It is a convenient, low-cost alternative to traditional money transfer companies that use high street agents and charge high fees. Money can be received as a bank deposit, cash pick-up, Mobile Money, or mobile airtime top-up. World Remit’s service is available to senders in over 50 countries. They offer transfers to more than 140 destinations across Europe, Asia, Africa, Australia and the Americas.

Features

  • Safe
  • Fast
  • Reliable
  • Convenient.

 

Benefits

  • It’s a direct to account transfer, customers are not required to walk into any branch
  • Service fees are low compared to other traditional money transfer companies
  • Transfer is available to receiver immediately the sender concludes the transactionBeneficiary’s account is credited immediately
  • No fees for recipients required

1) Who can apply?

  • The service is available to anyone older than 18years.

 

2) Can I send funds to a company or as a company?
For now, the CBN policy does not accommodate outbound transactions for individuals or companies.

3) What do I do if my transfer has been adjudged to be a “No Match”?

  • Contact your Sender to investigate with Western Union International.

 

4) Why Is The Rate Of Conversion For Transaction Different From CBN/Parallel Market Rate?

  • You do not need to reveal your 4-digit PIN to the Operator.

 

5) Why is the rate of conversion for transactions different from the CBN/parallel market rate?

  • The rates are automated on the software and are not customized for manipulation by the bank.

6) Can I collect transfers on weekends?

  • Transfers are processed on a 24hr basis directly in to customer’s account.

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