Rocket Remit international money transfers
- Minimum Transfer Amount
- $25
- Pay By
- Bank transfer, Credit card, Debit card
- Fees (Pay by Bank Transfer)
- From $0 to $5
Summary
Quick and convenient mobile transfers to over 50 countries around the world.
Rocket Remit is a specialist money transfer service best for sending small, fast payments directly to mobile wallets. With a low maximum transfer limit of $1,000, it suits users who need to send money quickly to friends and family in one of the 60+ supported countries, particularly in Africa and Asia. However, if you need to send larger amounts, transfer to a bank account in most countries or want the best possible exchange rate, you should look at alternatives like Wise or Remitly.
Pros
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Quick and convenient mobile transfers
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Allows you to send to 50+ countries
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Fee structure is simple and straightforward
Cons
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A flat $5 fee applies to all transfers, excluding Pakistan and Bangladesh
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Maximum transfer limit of $500
Details
Product details
| Product Name | Rocket Remit |
| Pay By | Bank transfer, Credit card, Debit card |
| Receiving Options | Cash pickup location, Mobile wallet, Alipay (China only) |
| Customer Service | Phone, Live chat, Email |
| Maximum Transfer Amount | $1,000 |
Pros
- Fast transfers, often instant to mobile wallets
- Low transfer fees from $0 to $5
- Sends to over 60 countries, including many developing nations
- Good customer feedback with a 4.5/5 Trustpilot score
Cons
- Very low transfer limit of $1,000 per transaction and per day
- Adds a margin to the mid-market exchange rate
- Limited payout options, mainly mobile wallets
- High admin fees for reversals ($25) and account withdrawals ($50)
Our verdict on Rocket Remit
Rocket Remit is an Australian-owned money transfer service operated by mHITs Limited, a fintech company founded in 2004. It specialises in mobile remittance, which means sending money from your Australian account directly to someone's mobile money or e-wallet account overseas.
Its key strength is its network, which covers over 60 countries, many of which are not well-served by larger competitors. Transfers are typically instant once funded. The main drawback is the strict $1,000 limit per transaction and per day, which makes it unsuitable for anything other than small personal remittances. If you're looking at how to make a large international money transfer, you will need to use a different service.
Rocket Remit fees and exchange rates
Rocket Remit makes money in two main ways: transfer fees and a margin on the exchange rate.
- Transfer fees. These range from $0 to $5, depending on the destination country and the delivery method. Some transfers to mobile wallets are fee-free.
- Exchange rate margin. Rocket Remit adds a markup to the mid-market exchange rate (the rate you see on Google or Reuters). This margin is a hidden fee that varies depending on the currency. Always compare the rate you're offered to the current mid-market rate to see the true cost.
- Other fees. Be aware of administrative fees. Rocket Remit charges a $25 fee for a reversal request and a $50 fee to withdraw funds from your Rocket Remit account back to your bank account.
How does Rocket Remit compare?
Compared to a major competitor like Wise, Rocket Remit serves a very different purpose.
Wise is built for sending money to bank accounts, offers much higher transfer limits and uses the mid-market exchange rate with a transparent fee. It's generally a better choice for larger transfers or payments where the final amount received is critical.
Rocket Remit's advantage is its specialised network of mobile wallet partners. For sending a small amount of money instantly to someone's GCash account in the Philippines or M-Pesa in Kenya, it can be simpler and faster than a traditional bank-to-bank transfer.
What's new with Rocket Remit?
Rocket Remit continues to expand its mobile wallet network. In June 2026, it launched its service to M-Selen in the Solomon Islands, opening up a new remittance corridor. The company also received recognition for its services, winning an award in the ACT Chief Minister's Export Awards in August 2024.
Key features of Rocket Remit
How much can I send with Rocket Remit?
You can send between $25 and $1,000 in a single transaction. Rocket Remit also has a daily sending limit of $1,000. Additionally, your Rocket Remit account cannot hold a balance of more than $1,000 at any time.
How fast are Rocket Remit transfers?
Transfers to a recipient's mobile wallet are typically instant once you authorise the payment.
However, remember to factor in the time it takes to fund your Rocket Remit account. While paying by credit or debit card is instant, loading your account via a bank transfer can take one to two business days to clear.
Where can I send money with Rocket Remit?
Rocket Remit supports transfers to over 60 countries across Africa, the Asia-Pacific region and the Americas. Some of its most popular destinations include the Philippines, Kenya, Pakistan, Bangladesh and Nigeria. For a full, up-to-date list, it is best to check the Rocket Remit website directly.
How can I pay for my transfer?
You can fund your Rocket Remit account and pay for transfers using:
- Bank transfer
- Debit card
- Credit card
What are the receiving options?
The primary way for your recipient to receive money is through a mobile wallet or e-wallet, such as GCash, M-Pesa or bKash. In some countries, you can also send directly to a bank account. Cash pickup is only available as a delivery option in Nigeria.
Is Rocket Remit safe to use?
Yes, Rocket Remit is a safe and legitimate service. It is operated by mHITs Limited, an Australian company established in 2004.
In Australia, the service is registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC), the country's anti-money laundering and counter-terrorism financing regulator. To protect your account, you must verify your identity when you sign up and use a one-time SMS code to authorise every transaction.
How to send money with Rocket Remit
You can sign up for a free account and send money in a few steps:
- Sign up. Visit the Rocket Remit website or download the app. You'll need to provide your name, mobile number, email address and create a password.
- Verify your account. Follow the prompts to verify your identity, which typically involves providing details like your date of birth, address and occupation.
- Load your account. Add funds to your Rocket Remit account using a bank transfer, debit card or credit card.
- Initiate the transfer. Enter your recipient's details, including their mobile number and the amount you want to send.
- Confirm and send. You will receive a one-time code via SMS. Enter this code to authorise the payment. The funds will then be sent to your recipient.
Frequently asked questions
Sources
Your reviews
Tim Finder
Writer
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