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WorldRemit – BER Review

WorldRemit - Reviewed by Best Exchange Rates. Send Money Online Anytime, Anywhere. 24/7 online service – no agents to visit. Bank Transfers - Cash Pickup - Mobile Money - Airtime top-up.

Reviews FinTech Global
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Exchange Rates 5
Customer Service 4
Ease of Use 5

WorldRemit Foreign Transfer Rates & Fees - Compared

The below live Foreign Transfer comparison table shows how much you could save on your next foreign transfer by using a broker such as WorldRemit rather than your bank. Note the margins are compared to the current mid-rate. You can change the currencies and send or receive amount with our full Foreign Transfer calculator.

 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes

CAD-USD Foreign Transfers - Compare WorldRemit WorldRemit logo

Foreign Transfer Providers
Ratings & Reviews
Receive USD($)Exchange RateFee CADTotal CostTransfer ServicesTransfer SpeedDeal Links
 
WorldRemit logo
738.60 USD
0.7386AIR1.2%Bank Transfers & Cash Pickup - Online only1 day
 
OFX logo
740.50 USD
1.9 USD
0.74050^0.95%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
HSBC logo
726.01 USD
13 USD
0.7271$1.52.89%Online, Branch, Bank Transfers2-3 days
Coast Capital Savings International Money Transfers
Coast Capital Savings logo
714.70 USD
24 USD
0.7278$184.4%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Coast Capital Savings logo Scotiabank logo Royal Bank of Canada logo HSBC logo TD Canada Trust logo
714.12 USD
24 USD
0.7242154.48%Online, Branch, Bank Transfers2-3 days
Scotiabank logo
712.56 USD
26 USD
0.7271$204.69%Online, Branch, Bank Transfers2-3 days
 
Royal Bank of Canada logo
708.90 USD
30 USD
0.7197$155.18%Online, Branch, Bank Transfers2-3 days
TD Canada Trust logo
708.41 USD
30 USD
0.7192$155.24%Online, Branch, Bank Transfers2-3 days
 
WorldFirst logo
Your amount below the WorldFirst CAD2000 minimum
WorldRemit: Foreign Transfer CAD→USD
CAD amount:$1,000 CAD
Fee:AIR
Exchange Rate:0.7386 (1.2% from mid-rate)
USD amount:738.60 USD
Total Cost:1.2%
Time:8:45 Local
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
OFX: Foreign Transfer CAD→USD
CAD amount:$1,000 CAD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:0.7405 (0.95% from mid-rate)
USD amount:740.50 USD
Total Cost:0.95%
Difference:
1.9 USD more than using WorldRemit
Time:
Rate Fetched: Fri Mar 22 2019 08:04:41 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer CAD→USD
CAD amount:$1,000 CAD
Fee:$1.5 CAD (.15%)
Exchange Rate:0.7271 (2.74% from mid-rate)
USD amount:726.01 USD
Total Cost:2.89%
Difference:
13 USD less than using WorldRemit
Time:8:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Coast Capital Savings logoCoast Capital Savings

Coast Capital Savings: Foreign Transfer CAD→USD
CAD amount:$1,000 CAD
Fee:$18 CAD (Minimum fee)
Exchange Rate:0.7278 (2.65% from mid-rate)
USD amount:714.70 USD
Total Cost:4.4%
Difference:
24 USD less than using WorldRemit
Time:8:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer CAD→USD
CAD amount:$1,000 CAD
Fee:15
Exchange Rate:0.7102 (5% from mid-rate)
USD amount:714.12 USD
Total Cost:4.48%
Difference:
24 USD less than using WorldRemit
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Scotiabank logoScotiabank

Scotiabank: Foreign Transfer CAD→USD
CAD amount:$1,000 CAD
Fee:$20 CAD (Minimum fee)
Exchange Rate:0.7271 (2.74% from mid-rate)
USD amount:712.56 USD
Total Cost:4.69%
Difference:
26 USD less than using WorldRemit
Time:8:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Royal Bank of Canada logoRoyal Bank of Canada

Royal Bank of Canada: Foreign Transfer CAD→USD
CAD amount:$1,000 CAD
Fee:$15 CAD (Minimum fee)
Exchange Rate:0.7197 (3.73% from mid-rate)
USD amount:708.90 USD
Total Cost:5.18%
Difference:
30 USD less than using WorldRemit
Time:8:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 

TD Canada Trust logoTD Canada Trust

TD Canada Trust: Foreign Transfer CAD→USD
CAD amount:$1,000 CAD
Fee:$15 CAD (Minimum fee)
Exchange Rate:0.7192 (3.8% from mid-rate)
USD amount:708.41 USD
Total Cost:5.24%
Difference:
30 USD less than using WorldRemit
Time:8:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
WorldFirst: Foreign Transfer CAD→USD
CAD amount:$1,000 CAD
Fee:
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
 

Why choose WorldRemit?

Low cost
Low fees displayed up-front. Guaranteed exchange rates

Fast
Instant transfer to many countries. Send & receive notifications by SMS and email

Simple
24/7 service – no agents to visit. Available on computer, smartphone & tablet

Trusted
Industry-leading payment security. Rated ‘Excellent’ by our customers on Trustpilot

More ways to receive money
Choose from a range of convenient options

Bank deposit
Instant money transfer to many major banks.

Cash pickup
Available to collect within minutes at most locations.

Mobile Money
Instantly send money to a Mobile Money wallet.

Airtime top-up
Instantly recharge mobile airtime.

How do I pay for my transfer?

WorldRemit does not accept cash as a means of paying for your money transfer.

As an online business, it would be very difficult for you to physically get the money to us.
Also, for security reasons, it is important to know where money is coming from before it is sent abroad.
It is much harder to do this with cash.

Debit & credit card

You can pay for your money transfer through WorldRemit using a debit or
credit card in any of the countries where our service is available.

WorldRemit accepts Visa, Mastercard and Maestro.  When paying with a credit card you
may be charged a cash advance fee so please check with your card provider.

Bank account payment services

In several countries, WorldRemit has partnered with respected, well-established online payment
services. Barclays Pingit, SOFORT, POLI, iDeal and Interac all connect directly to your internet
banking service to offer fast, secure payments.

Instructions for using each method are provided during the payment stage of the transfer.

Your transfer will commence once WorldRemit has received the payment.

The maximum amount you can send may be lower for some countries.

 

Further Reading

 

TransferWise Borderless Account – BER Review

TransferWise’s Borderless Account allows users to hold and convert funds in 40 different currencies, and send and spend internationally, all at the “real” exchange rate and with the low fees that TransferWise is renowned for. Users can also receive major-currency payments free of charge.

Updated: 20 Mar, 2019

WorldFirst Owners Target European Expansion

Ant Financial, the Chinese fintech giant that recently acquired WorldFirst, has set its sights on Europe, where it plans to take its share of both cross-border and point-of-sale payments.

Updated: 19 Mar, 2019

CBOE Ditches Bitcoin Futures Amid Reduced Interest

Amid declining interest, the Chicago Board Options Exchange, or CBOE, has announced it will no longer offer bitcoin futures contracts once current contracts expire in June.

Updated: 19 Mar, 2019

Revolut Introduces Auto Currency Exchange

Digital bank Revolut announced this week the introduction of a significant new feature: auto currency exchange based on targeted exchange rates.

Updated: 8 Mar, 2019

Messaging Apps to Take Slice of Remittance Market Using Their Own Cryptocurrencies

Users of popular messaging apps, including WhatsApp and Line, might soon be able to make cross-border payments effortlessly. In a move that will further disrupt the payments industry, the creators of such apps, including Facebook, are working hard to develop their own digital currencies that can be transferred to anyone in a user’s contact list.

Updated: 19 Mar, 2019

  

1 Review for “WorldRemit – BER Review”

  1. Avatar R Trott UK says:

    The best oversea money transfer system ever experienced. I have been sending funds overseas for many years and even the banks are much better than just a few years ago, but Worldremit is in a league of its own concerning ease of use, speed, reliability, advising progress, confirmation, charges and rates of exchange. Incredible

    4.7

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