OrbitRemit is not available for transfers from the United States. Compare similar services for your international money transfer.
OrbitRemit is a good choice for larger transfers as there are no fees for transfers of $10,000 (or equivalent) or more. And for all other transfers, fees are fixed and generally kept low. But you’ll never get the mid market interest rate so check you’re happy before you proceed.
While you won’t be able to pay with card, you can make bank and POLi transfers. And your recipient can receive funds into a bank account or as a cash pickup in certain countries. Sadly, you can only use OrbitRemit to make transfers from Australia, New Zealand or the UK. If you’re not based in one of these countries,you’ll be forced to look elsewhere.
Once you place your transfer order, you will be shown the rate for your transaction. You can continue with the transfer by making a payment or you can cancel the order.
Orbit Remit claims to be able to offer low fees and competitive rates by operating with lower overhead costs than banks and other money transfer companies. Those savings are reflected in the amount that they charge their customers.
Consider the fees before choosing a money transfer service for your international needs. Orbit Remit will charge the same fee for transfers from $60 to $9,900 but they will vary depending on the destination.
Fees vary depending on where you’re sending money from and where the transfer is going to. How much you send will make no difference in the fees charged unless you are sending money to China.
For example, if you’re sending from Australia, fees range from $0 to $10 AUD.
Orbit Remit is able to transfer money to over 19 different countries. Keep in mind that transactions are almost exclusively online, with cash pick up available only in Vietnam, Nepal and the Philippines.
There is a transfer minimum of $50 and a maximum of $9,900.
There are a number of countries where you will not be allowed to send money using this service.
In addition to international transfers, Orbit Remit also can help you make recurring payments to another country. These include repayments of home loans, car payments and other bank loans. Once you have this set up, the funds will be sent to the payment account each month automatically.
Another perk with Orbit Remit is that there is no fee for the first time you use them, or for every tenth. If you are sending money overseas often, having fees waived can add up.
In order to use Orbit Remit, you will have to first set up an account with them online. Enter your contact information to become a member, and then you will be able to log in and transfer money.
You will not be able to make payments using a credit or debit card. The only way Orbit Remit accepts payment is with an internet banking transfer. Once Orbit Remit receives your transfer through internet banking, the transaction will begin. Your recipient should receive the money in their account within two days.
In addition to international transfers, Orbit Remit has services in place that can help you make payments directly. These include:
OrbitRemit is a simple money transfer service that does not offer an exhaustive list of options, but does have competitive rates and fees and a convenient online process.
Check other companies and banks that allow you to send money to your preferred country first and compare transfer services before deciding this if is the right one for you.
The Federal Reserve is launching its own instant-payment system called FedNow, advertising a staggering delivery speed of seconds.
Using international money orders to send money overseas? Learn about better options.
Transfer agents, mobile wallets and online credit card payments don’t necessarily require a bank account.
Instarem offers no-margin, mid-market rates for some of your money transfers.
Comprehensive guide on receiving money sent via a wire transfer.
Every money transfer service has different requirements for signing up and initiating a transfer. Find out what information is required to send money overseas.
We cover the different wire transfers fees you could pay with 10 of the top US banks when sending money internationally.
Looking for higher transfer limits and lower fees? Explore these WorldRemit alternatives to find a good deal.
Western Union’s extensive global network comes with high fees and weak exchange rates, use these alternatives to look for a better deal.
Compare MoneyGram with competitive alternatives to find the best deal for your transfer.