Registration - Simple and easy through their website or mobile app.
ID verification - If requested, it is a simple process that can be actioned through their mobile app or via email. Simply upload the requested documentation as photos from your phone.
Transfer speed - Speed ranges from instantaneous to up to 2 days. This depends on the country you are sending money to, and if it is a bank transfer or sending cash.
Payment options - Uploading your funds to WordRemit is also a simple process. With in-country solutions such as Australia’s POLi or via debit card, you can instantly transfer your funds to WorldRemit. This speeds up the entire process of sending money overseas.
Mobile app - There is a WorldRemit mobile app to help manage your transfers end to end.
Sign up process - You need to sign up by using the Wave or Sendwave app. The registration process is quite straightforward. However, some Sendwave reviews on Google Play Store mention experiencing difficulties with the verification process.
Transfer method - If you wish to use Wave or Sendwave to send money, you may do so only through the apps, and not the websites.
Transfer speed - Transfers to bank accounts can take 2 - 4 business days. Transfers to cash pick-up locations and mobile wallets can go through within minutes or hours.
Sendwave money transfer limit - The maximum daily send limit is $999/£999/€999. The monthly limit stands at $2,999/£2,500/€2,500. If you provide a government-issued photo ID as verification, you can get the limits increased to $2,999/£2,500/€2,500 per day and $12,000/£10,000/€10,000 per month.
Payment methods - You may pay for your Sendwave money transfer via Mastercard or Visa debit cards. Residents of Italy and Spain can also make payments via PostePay cards and Correos cards, respectively.
Wave and Sendwave money transfer apps - Use the Wave app as a mobile wallet, and the Sendwave app to send money internationally. Both apps are available for Android and Apple users.