- Transfers to Ghana, Kenya and Nigeria
- Competitive rates
- Transfer app available
Not so great for
- Disappointing website experience
- Limited information available online
- Some negative customer reviews
You can see CashRemit's current 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 the currency you send.
Transaction fees also apply but vary depending on the amount you send.
Calculate how much sending money overseas would cost with CashRemit by using our tool below. You can also check out the real-time exchange rate CashRemit offers and if there are any additional fees.
CashRemit offers online transfers in three currencies:
CashRemit supports two types of transfers:
CashRemit lists the following transfer times on its website:
M-Pesa transfers are processed in real-time.
You can pay for your CashRemit transaction using a POLi transfer from your bank account.
Orders typically take
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.
CashRemit makes money in two ways:
You'll need to complete the following steps to register for a CashRemit account:
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.
Check out the table below to see how the exchange rates, fees and transfer speeds of CashRemit compare to those offered by other international transfer services.
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
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SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
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Global Reach will match any competitor's exchange rates. Conditions apply.
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