The United Kingdom is one of the top remittance sending countries in the world, with residents sending over $20 billion USD a year to their families and connections all over the world.
Depending on the destination country, method of transfer and other factors, remittance charges can range anywhere up to 13% of the total amount of money being sent, and each transaction may vary in cost.
The Department for International Development (DFID) leads the UK's initiatives to play a part in building a safer, more prosperous world. They honor their commitment through many objectives, one being holding responsibility in ensuring their remittance channels are secure.
As the remittance market is made of many small players as well as larger financial institutions, the UK government keeps a close eye on the security across their remittance channels, monitoring any suspicious activity in the remittance process.
CompareRemit follows suit in making sure our users are working with the top, most reputed remittance providers.
Our partners in the UK are entrusted with the responsibility of providing the best possible service and security for our joint customers.
Helps remittance users to find the best way to send money abroad to their loved ones, friends and family
Makes it easier & more profitable for businesses to make international payments & global transfer
Creates a marketplace for money transfer providers to reach out to a highly valuable remittance audience
A very nice, simple-to-use app where you can compare all remittance sites in one place. Also easy to find new offers and promotions on the site.
You can select best possible rate at one glance by going through CompareRemit. This is the best and I always prefer to choose CompareRemit to check the rates provided by an individual company and transfer money.
CompareRemit is an excellent platform to find your preferred money transfer provider. We appreciate doing business with CompareRemit, because we share the same belief: Transparency in rates and costs of international money transfer is essential to allow individuals to make an informed decision when sending money back home. Through the CompareRemit platform, we have been able to introduce ourselves to many new Indian TransferWise users.
Inez Miedema, Head of Affiliate & Partnerships