Finder makes money from featured partners, but editorial opinions are our own.

CashRemit international money transfers

Fast transfers to Ghana, Kenya and Nigeria, but make sure you double-check the exchange rate and fee first.

This product is not currently available via Finder. Visit the provider's website directly, or compare other options.

Quick verdict

Good for
Not so great for
  • Disappointing website experience
  • Limited information available online
  • Some negative customer reviews

CashRemit exchange rates and fees

You can check CashRemit's exchange rates using the currency calculator on its homepage. CashRemit adds a margin on top of the mid-market exchange rate, but the size of this margin varies depending on how volatile a currency is. For example, when we reviewed exchanges for converting $1,000 AUD to GHS, the margin was 2.89%. In comparison, CashRemit adds a 7.7% markup onto AUD to ZAR exchange rate.

Transaction fees also apply but vary depending on the amount you send.

Available currencies

CashRemit offers online transfers in five currencies:

  • GHS - Ghanaian cedi
  • KES - Kenyan shilling
  • ZAR - South African Rand
  • NGN - Nigerian naira
  • XOF - West African CFA
The website also mentions support for other currencies, but these are not available when you log into your online account. However, the Canadian dollar is also listed as a supported currency in the CashRemit mobile app, but it's not listed on the CashRemit homepage.

What types of transfers can you make with CashRemit?

CashRemit supports two types of transfers:

  • Bank transfers. You can send an online transfer to your recipient's overseas bank account, with transactions usually completed within four business hours.
  • Mobile money transfers. CashRemit also supports mobile money transfers via the M-Pesa service, which allows you to send funds directly to your recipient's mobile wallet.

How long does a transfer with CashRemit take?

CashRemit lists the following transfer times on its website:

  • Bank deposit to Ghana: 4 business hours
  • Bank deposit to Kenya: 2 business hours
  • Bank deposit to Nigeria: 2 business hours

M-Pesa transfers are processed in real-time.

Orders typically takeClock icon for transfer speed

2-4 hours

Is CashRemit safe to use?

  • Security and regulation: Regulated in Australia by ASIC
  • Established: 2016
  • Number of customers: 10,000+
  • Reviews: 2.4/5 on Trustpilot.
*According to CashRemit and Trustpilot on 15 November 2023.

CashRemit is registered as a remittance provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC), and it is regulated by the Australian Securities and Investments Commission (ASIC).

Established in 2016, CashRemit claims to have 10,000 happy customers and to have transferred over $500 million. The CashRemit website also says that there are security measures in place to protect your CashRemit account, but there's limited information about what those measures actually are.

How does CashRemit make money?

CashRemit makes money in two ways:

  • By charging transaction fees
  • By adding a margin on top of the mid-market rate. The mid-market rate is the actual exchange rate at which banks and money transfer services buy and sell currency from one another.

How to register an account

You'll need to complete the following steps to register for a CashRemit account:

  1. Visit the CashRemit website and click the "Signup" link at the top right of screen.
  2. Enter your email address, name and phone number before clicking "Sign up".
  3. Enter the 2-step verification code sent to your mobile.
  4. To verify your account, click the "Account setting" link from the menu at the left of screen.
  5. Click the "Unverified" link and then email a copy of your passport or driver's licence to the address provided.

How do I make an international money transfer with CashRemit?

  1. Login to your account.
  2. Enter the amount of AUD you want to send and the currency you want to transfer.
  3. Select either a bank deposit or a mobile money transfer.
  4. Review the exchange rate and transaction fee before clicking "Continue".
  5. Enter your recipient's bank account details.
  6. Review all transfer details and then submit your transaction.

What is CashRemit?

CashRemit is an online remittance service that offers transfers to Ghana, Kenya and Nigeria. Founded in January 2016, its registered business address is in Osborne Park, WA. CashRemit aims to offer a fast and hassle-free international transfer experience to customers.

In a nutshell


  • Mobile app available. If you want to send transfers on the go, CashRemit offers an Android and iOS smartphone app.
  • Ghana, Kenya, Nigeria specialist. The Nigerian naira, Kenyan shilling and Ghanaian cedi are reasonably rare currencies which many other transfer services don't support. So if you need to send money to any of these three countries, CashRemit is worth considering.
  • Low fees and competitive rates. CashRemit charges minimal fees and competitive exchange rates for the currencies it supports.


  • Disappointing website. The CashRemit website has grammatical errors, links that don't work and only provides basic details about its money transfer service.
  • Very limited information available online. There's minimal information provided on the CashRemit website about the registration and verification process, transfer fees, minimum and maximum transaction limits, and transfer speeds. Signing up for an account allows you to see some information, but a detailed support/FAQ section would be a very welcome addition.
  • Negative customer reviews. Some CashRemit customers have complained about slow transaction processing times and poor customer service.

How does CashRemit compare to other providers?

1 - 20 of 25
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer)
24 hours
TorFX sends money overseas in 40+ currencies, with competitive rates for transfer amounts over $2,000.
Xe Large Transfers
Within minutes
Xe has fast transfers with low fees and a range of foreign currency tools.
24 hours
OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.
Send Payments
24 hours

Send provides fee-free transfers via its 24/7 multi-currency payments platform with real-time quotes.
Within minutes
Send money with great rates and low fees in 30+ currencies.
Xe Money Transfers
Within minutes
Xe has fast transfers with low fees and a range of foreign currency tools.
Within minutes
From 0%
50% off first transaction fee from any country in APAC (outside India).
Minimum transfer of $250 and max transfer of $500,000
Wise (TransferWise)
Within minutes
From 0.41%
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.
24 hours
TorFX sends money overseas in 40+ currencies, with competitive rates for transfer amounts over $2,000.
Within minutes
From $0
Remitly has quick, affordable transfers around the world, with both express and economy options.
Within minutes
From $0.99
Use promo code 3FREE and pay no fees on your first 3 transfers. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Rocket Remit
Within minutes
From $0 to $5
Send money instantly to friends and family in over 45 countries using just your mobile number.
Within minutes
From $0
Get your 1st and 2nd money transfer for free with promo codes FIRSTFREE and MASTERFINDER!.
Send money in minutes at competitive exchange rates to the Middle East, Africa and South Asia.
Within minutes
From $1.99
MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.
Within minutes
From 0.5%
SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
Within minutes
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
24 hours
OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.
Send Payments
24 hours
Send provides fee-free transfers via its 24/7 multi-currency payments platform with real-time quotes.
Western Union
Within minutes
From $0
Western Union sends money online to friends and family in 200+ countries around the world.
Qantas Business Money
Within minutes
Earn 1 Qantas Point per every AUD$10 equivalent you transfer into foreign currencies. T&Cs apply.
Set up accounts in 11 different currencies and get rewarded for global business payments by earning Qantas Points.
Back to top


More guides on Finder

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site