While there is rampant competition in the international funds transfer market, and selecting a suitable company can seem daunting, you can choose either World First or WorldRemit to enjoy a hassle-free experience. Since both companies are specialists in this field, they offer more cost-effective solutions compared to most banks.
Taking the WorldRemit vs. World First comparison online demonstrates that both companies provide high levels of customer satisfaction. On Feefo, World First has achieved an average score of 9.1 out of 10, whereas WorldRemit gets 9.5 out of 10 on Trustpilot.
Selecting either WorldRemit or World First depends on individual requirements. While one company might suit your needs to a tee, someone else might have good reason to use the other. The sections this comparison is divided into highlight key factors, knowledge of which can help simplify the decision making process:
- Exchange Rates
- Ease of Use
- Regular Overseas Payments
Fund Transfer Fees
This section of the World First vs. WorldRemit comparison requires particular attention because of the different fee structures both companies follow.
- The World First website you use has a bearing on the fee your transfer attracts.
- If you use the U.S.-based website to transfer less than USD $10,000, you have to pay USD $10 as fees. Transfers over USD $10,000 are fee-free.
- Transfers made using the UK-based website do not attract any fees. However, you have to transfer at least £1,000.
- If you use the Hong Kong-based website, you have to transfer a minimum of HK $100,000. This website does not charge any transfer fees.
- World First makes its latest fee structures available online, which you can view at WorldFirst.com/us/, WorldFirst.com/uk/, WorldFirst.com/au/, WorldFirst.com/en-fr/, WorldFirst.com/en-hk/, WorldFirst.com/en-sg/, WorldFirst.com/en-cn/,and WorldFirst.com/en-jp/.
- The fee WorldRemit charges depends on the transfer method you choose.
- You find out about the fee you have to pay before confirming your transfer.
- The review provides further details about the company’s fee structure.
Ease of Use
One company does better than the other in this WorldRemit vs. World First comparison when it comes to transfer methods offered. Both companies provide website access in foreign languages.
- You can get started with the account opening process over the phone.
- World First lets you register as an individual, a business, or an online seller.
- Website access, depending on the site you use, comes in English, French, Japanese, and Chinese.
- The country you live in has a bearing on available payment methods. The options can include debit cards, credit cards, electronic bank transfers, BACS, and CHAPS.
- World First provides apps for devices that run on Android and iOS.
- Access to the WorldRemit website appears in English, Spanish, and French.
- International customers can pay for their transfers using debit cards, credit cards, or electronic bank transfers.
- Depending on where you live, you can also pay via Interac, POLi, or iDeal.
- Transfer methods offered can vary from one destination country to another.
- You can transfer funds to a bank account or send money to a cash pick-up center.
- The company also lets you and top off mobile wallets and airtime.
Regular Overseas Payments
This section of the World First vs. WorldRemit clearly favors one company over the other. While World First gives you easy means to set up scheduled transfers, WorldRemit does not offer this service yet.
- Check out World First Competitors and Alternatives.
- Catch up on the World First awesome services and feature offerings
- Learn how to apply the CurrencyFair Coupon.