International Money Transfer service World Remit has introduced a new system to help businesses send money across the world.
World Remit has been providing quality, consistent service to individuals for years now and upon popular demand has expanded to include this new service for businesses.
World Remit’s remit throughout their history has been to reduce the hassle associated with sending money across the world for individuals, and businesses can now enjoy the same service.
The benefits for using world remit over other similar services or even banks are numerous.
For starters, world remit’s global reach is a huge advantage for any business which utilizes this new service. The company currently transfers money to over 140 countries across six continents.
World Remit also has industry leading fees when it comes to money transfer, particularly when compared to banks which currently handle most of such money transfer dealings for businesses. This is especially pertinent when sending money to developing countries where regulation isn’t strict enough and banks can and do charge exorbitant fees.
With World Remit’s new service, companies would have the chance to send money at low fees, allowing them to reinvest their savings as they see fit.
Another advantage for World Remit’s new service is in its speed of service. Signing up for the service is quick and easy and transfers can be greenlit within minutes, instead of hours or days for banks or other services.
Finally, World Remit provides numerous options for businesses in transfering their money, ranging from bank transfer, cash collection and mobile money transfer.
World Remit constantly updates both the sender and receiver the moment a transfer is made and they can track its progress throughout.
Most crucially, World Remit makes sure to offer the most relevant payout methods in each market they operate in.
How to set up
Creating a WorldRemit business account is easy. Simply visit their Sign Up page, select a Business account and provide the information requested.
Once your account has been verified, you’ll receive an email to let you know you can start making payments!
Currently, this new business service is available for UK-based business only.
If you have any questions about business accounts, you can email World Remit at [email protected] or call them on 0203 966 6216.