BEST REMITANCE COMPANIES

 If you live in abroad as an overseas person then you must be well aware of remittance. Yes, it is that money which you earn by hard work and send to home in various shapes. And you also know about multiple sources (companies) of sending money. OK let’s have an overview of best remittance companies presently.

WISE

It is a well-known company in remittance industry started way back in 2010. The rating of this company is 4.6 out of 5 on Trustpilot. Over 12 million people currently using its services.  Let’s discuss upon pros and cons of WISE company.

PROS	CONS
Clear exchange and fee charges	Non-availability of cash pick up points
Over 10 year working experience	Low rate on high fee
Guaranteed rates for 24-48 hours
Fast transfer

 

XE MONEY TRANSFER

Company have nearly 50,000 reviews on Trustpilot. The network of the company is currently in more than 130 countries. The company is equally famous around the world.

PROS	CONS
Over 30 year working in industry	Card payment non-supportability
Support exchange over 100 currencies	Exchange rates only offered at the time of transaction
24/7 active response	Limited number of payout options
Competitive exchange rates

 

INSTAREM

Works in nearly 55 countries around the world as a digital remittance company. Secure and fast transfer process combines it with other known remittance companies in the industry.

 

PROS	CONS
Low fee and bank beating exchange rates	Limited exchange of currencies
Strict security protocols	Long process of account verification
Reward for repeating customers	Credit card payments not supported
Mobile availability at any time

 

WORLD REMIT

The largest network of the company allows exchange in more than 90 currencies and 150 countries around the world. Over 4 million current users and 4.4/5 rating on Trustpilot.

PROS	CONS
Presence in larger portion of world	Complex fee structure and higher cost
Support quick transfer	Maximum sending limit is $10.000 per transfer
Support different payment methods
No hidden fee (everything is displayed)

 

REMIT CHOICE

Perfect customer rating nearly 4.1 out of 5 on Trustpilot.  For personal transfer Remit choice is best company with network in more than 56 countries globally.

PROS	CONS
No Hidden costs (Zero Fee)	Newly established company
Support over 30 currencies
Flexible transfer options
Support limit-less amount transfer

 

For your convenience the comparison is done on the basis of reviews by the customers. I personally use the services of Remit choice and satisfied with my decision. Because they do not charge any fee for transfer and take care of their customers. Rest of the decision is upon YOU!

                THANK YOU FOR YOUR PRECIOUS TIME 😊