WorldRemit Vs. Transferwise

World Remit vs Transferwise

The below is a comparison of WorldRemit and Transferwise’s exchange rates. The rates are only indicative. We do not guarantee the accuracy of these rates, but we did our best to provide a good comparison of the exchange rates of WorldRemit Vs. Transferwise. The rates below are for bank to bank transfers conducted by these companies, we do not look at cash pickup or other methods or receiving funds.

Sending money from UK to Europe – Transferwise Vs. WorldRemit

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Sending money from Europe to UK – Transferwise Vs. WorldRemit

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Sending money from UK to India – Transferwise Vs. WorldRemit

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Sending money from Europe to India – Transferwise Vs. WorldRemit

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Sending money from USA to India – Transferwise Vs. WorldRemit

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Conclusions

Based on consistent data sampling of Transferwise rates against WorldRemit we hereby conclude that Transferwise is the cheaper option on any route. The big difference between the two is that obviously World Remit is much more diverse and has a lot more remittances routes from a lot more locations, and on there, where it competes with companies like Western Union and Moneygram, it is remarkably cheaper. Thus, our conclusion is that both companies are good.

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