Orbit Remit is making waves in the world of international money transfers. It stands out for its competitive fees and easy-to-use platform. With a Trustpilot rating of 4.9 out of 5 from over 31,000 reviews, it’s clear that customers love it.
Orbit Remit is known for its fixed fees, which is great for sending up to $5,000. It focuses on 26 countries, making it a top choice for many. As more people look for ways to send money abroad affordably, Orbit Remit is a promising option.
Overview of Orbit Remit
Orbit Remit is a top online service for sending money abroad. It’s known for secure transfers and is popular in Australia, New Zealand, and the UK. The platform offers a money transfer app that makes sending money easy.
Started in 2008, Orbit Remit is trusted for international transfers. It charges just $4 for amounts under 10,000 currency units. Over 85% of users gave it 5 stars, earning a 4.9 out of 5 rating.
The service supports sending money to 26 countries fast. More than 50% of payments are instant, and 90% arrive in 24 hours. This is great for those who need quick transactions.
For a deeper look, check out an Orbit Remit overview from industry experts. It helps users choose the best service for their needs.
In short, Orbit Remit is a top choice for money transfers. It offers secure transfers at a fixed rate and has a user-friendly app. Many customers are happy with its service.
Review of Orbit Remit for Transferring Money Internationally
User reviews show Orbit Remit is a trusted choice for sending money abroad. People often say how fast the transfers are, with some happening the same day. This is a big plus compared to other services.
Transfers usually take 24 hours, but some can be even quicker. This depends on the banks involved.
Reliability is key for users looking for a money transfer service. Orbit Remit has made over 9 million transfers worldwide. Their customer service is praised for being quick and helpful.
They follow strict rules and check for fraud. This makes users feel safe, with features like biometric verification and SSL encryption.
Many like using Orbit Remit’s app and website to keep an eye on their money. The fees are clear, ranging from $0.99 to $3.99. This makes it easy to know the total cost of a transfer. For more info, customer reviews can be useful.
Orbit Remit also focuses on keeping users’ financial info safe. They suggest using strong passwords and two-step verification. These steps make the service more reliable and secure for everyone.
Comparing Orbit Remit with Other Transfer Services
Looking at international money transfers, Orbit Remit and others show different strengths and weaknesses. Orbit Remit sends money to 26 countries quickly. It charges $0 to $4 for bank transfers, making it affordable for many.
Wise, on the other hand, reaches over 50 currencies. It uses the mid-market exchange rate, which means lower fees for users. This is great for those who send money often.
Other services worth noting include:
- TorFX – No fees and delivers in 24 hours.
- Xe – Low fees for over 200 countries and 100 currencies.
- OFX – Offers good exchange rates with no limits on transfers.
- Revolut – Makes moving money internationally easy with 25+ currencies and no limits.
- Airwallex – Fast and competitive rates in over 60 currencies.
- MoneyGram – Quick cash pick-up at over 350,000 places worldwide.
Each service has its own benefits. For example, Wise is good for low fees. Orbit Remit is fast.
The table below shows key features and fees of each service:
| Service | Transfer Speed | Money Transfer Fees | Exchange Rates |
|---|---|---|---|
| Orbit Remit | Within minutes | $0 – $4 | Varies by transfer |
| Wise | Quick | Transparent, depends on amount | Mid-market rate |
| TorFX | Within 24 hours | $0 | Competitive |
| Xe | Fast | Low fees | Competitive |
| OFX | Variable | Competitive | Good rates for 45+ |
| Revolut | Fast | None | Competitive |
For more on other money transfer services, check out this service evaluation. It’s important to think about what you need when choosing a provider.
Pros and Cons of Using Orbit Remit
Orbit Remit is known for its competitive advantages. It has fixed transfer fees for amounts under $5,000, ranging from $0 to $4 AUD. This clear fee structure helps users plan their transfers better. Many transfers are done on the same day, ensuring quick delivery of funds, mainly for popular routes.
The app is easy to use, with real-time tracking updates. This keeps users informed every step of the way.
Despite its benefits, Orbit Remit has its downsides. While there’s no fee for transfers over $10,000, fees for small amounts can be higher. This is true for currencies like NZD. The average markup on exchange rates is 1.45%, which might not be the best for large transfers.
Transfer limits also vary by country. This could limit users with bigger transfer needs.
User feedback shows mixed feelings. Some praise Orbit Remit for its reliability and efficiency. Yet, others have found issues with exchange rates compared to services like Wise. It’s important for users to weigh the pros and cons before choosing a service. This ensures their transfer needs are met.
