Which scores better when comparing XE Money Transfer vs WorldRemit? See how each provider scores and who wins when comparing their services, fees, supported countries and customer service.
XE Money Transfer
Overall score:
71
71
WorldRemit
Overall score:
63
63
Personal Features
Business Benefits
Fees & Exchange Rates
Ease of Use
Support & Countries
Trust & Transparency
33
33
XE Money Transfer serves personal customers from a number of countries, giving them easy means to send money to more than 170 countries.
67
67
WorldRemit is tailored for individuals with account services that include:
Note: bill payments and cash pick-up services are not available in all countries.
WorldRemit has two unique features. These are:
56
56
XE Money Transfer gives business clients the option to choose from varied services.
0
0
WorldRemit does not provide a business service, although WorldRemit could be used for business transfers. The Mobile Wallet could be used for business, however it may not be suited for this purpose.
46
46
Personal customers pay no transfer fees when sending money through XE Money Transfer.
Yes, these come in the form of the exchange rate margin that XE Money Transfer applies on existing mid-market rates.
46
46
Most of the WorldRemit fees are within the exchange rate offered. The exchange rate offered can and does change depending on payment type, receiving option and the amount being transferred.
New customers from eligible countries signing up through iCompareFX receive 3 transfers fees for free using the code 3FREE. Eligible countries for this free transfer promotion are the USA, UK, Australia, Belgium, Netherlands, South Africa, Sweden, New Zealand, and Norway.
Both equally compare in the Fees & Exchange Rates category.
79
79
Sign up process - Register online or over the phone, by providing some basic information.
Payment options - Bank account transfers, debit cards and credit cards.
Phone transfers - Initiate transfers over the phone.
Speed - Most transfers process within 1 - 2 business days.
Mobile app - Available for iOS and Android.
ID verification - This process can take 1- 4 business days.
86
86
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.
81
81
Supported destination countries and currencies - XE Money Transfer supports transfers to over 170 countries, in over 60 currencies.
Customer support - Customer support is available via email and over the phone, in English, French and Spanish.
Website languages - You can use the XE Money Transfer website only in English.
88
88
WorldRemit has an impressive list of supported countries.
There are reports on TrustPilot and through its mobile app reviews of poor wait times to talk to a customer service representative.
69
69
Exchange rate margin transparency - XE Money Transfer’s exchange rates include margins that customers find out only after confirming their transfers.
56
56
WinnerXE wins overall against WorldRemit. The main reason for WorldRemit losing is due to it not offering business benefits. It actually wins for individual features. Both providers draw in the Fees and Exchange Rates category with swings for either provider across the Support and Countries and Trust and Transparency sections.
