Quick Answer: How Long Does It Take To Receive Money Through WorldRemit In Nigeria?

How long does it take to receive money through WorldRemit?

When will my recipient receive the bank transfer.

Bank transfer delivery timescales vary per country but are usually credited within one working day.

Please select the region your recipient lives in to see more specific information for the individual receive country..

How do you receive money from WorldRemit?

Select the preferred way to pay them (i.e. how you want your recipient to receive that money). Options typically include letting them collect the funds as a cash pick-up, or crediting money to their bank account or mobile money account. For select countries, the WorldRemit Wallet will also be a pay-out option.

How long does it take to send money to Nigeria?

How long does an international money transfer to Nigeria take? Most take three to five working days, although they can take up to two weeks.

How do you get WorldRemit wallet?

The Wallet is designed to keep our customers and their money safe, and it’s completely free to download.Go to Google Play or the App Store and download the WorldRemit app.Sign up with your email address and create your password and PIN code.More items…

Which country uses WorldRemit?

With WorldRemit you can send money to over 150 countries around the world. The services available depend on where your recipient lives: Africa. Americas.

Do bank transfers go through immediately?

In most cases, yes, bank transfer times are instantaneous. However, banks will occasionally hold onto your funds for several days.

What’s the limit on WorldRemit?

$9,000DetailsProduct NameWorldRemit International Money TransfersMin. Transfer Amount$1Max. Transfer Amount$9,000Transfer MethodsOnline, Bank Account to Bank Account, Cash TransferTransfer OptionsOne off payments3 more rows•Oct 13, 2020

Can I use PayPal on WorldRemit?

No, WorldRemit does not accept PayPal.

Can WorldRemit be tracked?

You can track a WorldRemit transaction through SMS and email services provided by the company. … One of the significant importance of World Remit tracking services is that it allows you to know where your money is. That is why, you will always get a text message whether you are sending or receiving money.

Can I receive money through WorldRemit in Nigeria?

Using the WorldRemit app or website, the Nigerian diaspora living in over 50 countries can now send money quickly and securely to 1,800 cash pick-up locations across 36 Nigerian states. … As well as instant cash pickup, customers can also send money to Nigeria via bank transfer, airtime top-up and mobile money.

How much can I send through WorldRemit to Nigeria?

How much can I send for cash pickups to Nigeria? A maximum of NGN 1,000,000 and per transfer. There may be lower limits depending on the country where you are sending from and the payment method used to fund the transfer. Please see the relevant section in Payments for more info.

Is a bank transfer immediate?

Bank transfers and payments made using Faster Payments should arrive in the payee account immediately, however sometimes it can take up to two hours to go through. … However, banks don’t always allow instant transfers to other bank accounts. This is to reduce the risk of fraud.

How long should a bank transfer take?

Payments made using Faster Payments will sometimes be received immediately after leaving your account, but can sometimes take up to 2 hours. This option is free, available 24 hours a day and typically used in online banking, mobile apps, over the phone or in branch.

How does WorldRemit transfer work?

In the Wallet tab of the WorldRemit app select one of the currency account tiles you’d like to send money from. Select ‘Transfer’ Select a new or existing recipient in either your country or another country. Enter the amount you want to send – if applicable, our low fees and exchange rate will be clearly shown.

Why is my bank transfer taking so long?

Bank Transfers Slowed Down To Avoid Fraud, And To Make Some Money. … So banks are slowing down the process in order to ensure there isn’t fraud happening when the transfer is made. Others, however, have suggested that the time the funds are held overnight allow the banks to invest your money and keep that unearned profit …