Frequently asked questions

RemitFinder is an online service that helps you track remit exchange rates. By checking and comparing latest remit exchange rates, you can get the best exchange rate for your money transfer(s). RemitFinder, thus, helps you to get the best return for your hard earned money.

No; RemitFinder is not a money transfer service. RemitFinder helps you search, track and be notified of the best remit exchange rates, and helps you make the best remit decisions to get maximum return out of your hard earned money.

Using RemitFinder is easy. Register, login, and start searching for rates by choosing a from and to country combination.

You do not have to register to use basic RemitFinder features. However, registration gives you access to many useful features like profile management, rate and review service providers and setup custom alerts.

No; Any RemitFinder services do not constitute advice and should not be relied upon in making or refraining from making, any decision(s). RemitFinder services provide content and information to help you search and monitor remit exchange rates. However, RemitFinder does not provide any advice about remitting money from one country to another. You should exercise caution and use your judgment, and should check latest remit data and information to make your remit decision(s). RemitFinder is not liable for any loss that you may incur as part of your remit transactions.

Please refer to our Terms Of Use for further information.

No; RemitFinder does not provide information about fees, service charges and/or any other charges that Remit Service Providers charge a customer who uses their service(s) to remit money from one country to another. As a result, the amount you realize in the target currency after the remit transaction is complete may vary from provider to provider even if different providers have the same remit exchange rate. You should carefully examine fees and charges that Remit Service Providers charge before making your remit decisions.

Please refer to our Terms Of Use for further information.

If RemitFinder email(s) went to your spam folder, please whitelist RemitFinder email address (notifier@remitfinder.com) by adding it to your trusted list of senders, contacts or address book. Another easy way to prevent RemitFinder email(s) from going to your spam folder is to go to your spam folder and mark RemitFinder email(s) as "not spam". This will ensure future RemitFinder email(s) do not go to your spam folder.

eSIM stands for embedded SIM, and is a permanently baked chip in modern mobile devices. As compared to a physical SIM, an eSIM takes up less space, is easier to activate and manage, and allows tremendous flexibility by supporting multiple eSIM profiles at the same time.

The traditional way to stay connected when traveling abroad is to rely on your cellular provider and use their roaming facilities. This usually comes with expensive roaming fees. eSIMs, on the other hand, provide a highly affordable way to stay connected overseas without spending hundreds and thousands.

Whilst the primary function of an eSIM is the same as a physical SIM which is connecting your mobile device to a mobile network so you can have access to your carrier's services, including voice, text, and data, the way an eSIM works is very different from a traditional physical SIM. With an eSIM, you generally activate your mobile plan by downloading a digital profile using a QR code or an activation code from your provider.

If you seek convenience, speed, and flexibility, especially during international travel, an eSIM is often the better option as compared to physical SIM. The ability to activate or switch plans without handling a physical SIM card is a major advantage. Another huge advantage of using an eSIM is fast and reliable data when overseas without paying exorbitant roaming fees. Most eSIM plans cost a small fraction of the price you would pay if you used your mobile plan in roaming mode when abroad.

If you travel internationally often, you can simplify your mobile connectivity needs by adopting eSIM technology. To make sure that you will have data connectivity abroad, you can buy your eSIM travel plan online before your leave and activate it immediately upon arrival at your destination. You can also continue to keep your regular physical SIM card in place, which allows incoming calls and messages to continue working even when you are overseas. Just remember to switch off data roaming on your home plan to avoid roaming fees - use your eSIM for data instead.

RemitFinder has partnered with the best-in-class eSIM providers to bring you the best eSIM for international travel. Simply enter your travel destination, the duration of your trip and how much data you need, and hit search. RemitFinder compares eSIM plans from various providers so you can compare and evaluate available eSIMs based on your needs and preferences.

No; RemitFinder is not an eSIM provider or reseller. RemitFinder helps you search and compare eSIM plans from numerous eSIM providers, and helps you find the best eSIM for international travel.

You do not have to register with RemitFinder to search and compare eSIMs provided by various eSIM providers. However, registration gives you access to useful features like profile management, and rate and review eSIM providers.

No; Any RemitFinder services do not constitute advice and should not be relied upon in making or refraining from making, any decision(s). RemitFinder services provide content and information to help you search and compare eSIMs. However, RemitFinder does not provide any advice about purchasing eSIMs. You should exercise caution and use your judgment, and should check latest eSIM prices and related information to make your eSIM purchase decision(s). RemitFinder is not liable for any loss that you may incur as part of your eSIM transactions. Please refer to our Terms Of Use for further information.

No; RemitFinder does not take any guarantees about the eSIM providers shown on our platform. Whilst we do our best to vet the eSIM providers we display on our platform, we are not liable for any losses you incur by purchasing services from such eSIM providers. You should do your full due diligence before you decide to purchase an eSIM from an eSIM provider. RemitFinder's eSIM comparison services are only for informational purposes, and should not be relied upon to make your eSIM purchase decision(s).

Business FX stands for Business Foreign Exchange (FX), and represents international money transfers and payments sent by businesses. The global economy of today often necessitates sending and receiving money internationally to and from customers, employees, consultants, partners, vendors and other institutions. All international transfers and payments done by businesses fall under the category of Business FX.

International business and personal money transfers and payments work very similarly, but there are key differences. Businesses often deal with customers and partners in multiple countries whilst individuals generally do not need a wider currency coverage. In addition, cross-border business payments and money transfers tend to be more frequent and of higher amounts.

Traditional methods to send and receive international business payments include banks and payment apps like PayPal. Of these, bank transfers, particularly international wire transfers, have traditionally been the most popular way for businesses to send and receive funds internationally. Banks mostly rely on the interbank SWIFT network to execute international wire transfers.

Traditional methods that businesses have used to send money overseas generally come with very high transfer fees and bad exchange rates. Most banks, for example, will markup the exchange rate anywhere between 2-6%. In addition, wire transfer fees could be up to USD 60, GBP 50, etc. All this contributes to businesses losing money on international transfers and cross-border payments.

Traditional methods like banks mostly rely on the international SWIFT network to handle international wire transfers. In addition to unfavorable exchange rates and high transfer fees, traditional mechanisms are slow, have complex processes, provide limited payment and delivery options, and provide a lack of transparency into the whole process.

Due to the advancements in technology and the advent of a global economy, numerous FinTech companies sprung up with a focus on making international money transfers and payments cost-effective, quick and seamless. Such FinTech companies and startups are generally called International Money Transfer Operators (MTOs) or Money Transfer Companies. Due to their better exchange rates, lower transfer fees and quicker transfer speeds, money transfer companies present themselves as a great alternative to traditional methods used for international business payments and FX.

Money transfer companies offer much better exchange rates and charge low transfer fees as compared to traditional methods for international business payments. Additional benefits include faster transfer speeds, flexible payment and delivery methods often including local payment options that are cheaper, streamlined and easier onboarding and workflows, and integrations with other systems and software like auditing, compliance, reporting, taxation, etc.

RemitFinder has partnerships with more than 100 international money transfer companies and remittance service providers. Given that, we understand the pros and cons of various providers and can match your unique business requirements with the best possible option. You can certainly compare numerous companies yourself manually, but the process is time consuming and cumbersome. Plus, RemitFinder is constantly adding new money transfer companies so you get access to the best of the best for your custom international business payment requirements.

At RemitFinder, we understand international money transfers and payments. We vet every money transfer company listed on our platform so you can rest assured that you are dealing with credible, secure, regulated and legitimate providers. Additionally, we have more than a decade of experience in the international money transfer space. With active users in more than 150 countries and more than 100 partnerships with global money transfer companies, you can trust RemitFinder to find you the best fit with your cross-border payment needs.

RemitFinder can help you find the best international payments provider for your businesses regardless of which phase of your enterprise journey you are in. We understand the international payment needs of sole proprietors and individually-owned businesses, small businesses, medium companies and growing businesses as well as large enterprises. Each type of business has unique cross-border payment needs, and we can assist by matching your business with a money transfer provider that can satisfy your requirements.

Custom alerts are notifications that RemitFinder sends to notify you of the best remit exchange rates.

By using RemitFinder custom alerts, you do not have to monitor remit exchange rates manually. Based upon your configured alerts, RemitFinder will notify you about the best remit exchange rates. In this manner, RemitFinder does the work of searching and comparing remit exchange rates for you instead of you manually checking rates every day.

Currently, RemitFinder supports email notifications to notify you about your configured custom alerts.

Yes; you can choose the hour of the day and your timezone when you want to receive alerts from RemitFinder.

RemitFinder allows users to rate and review Service Providers and Money Transfer Operators to create a social and community experience. This allows RemitFinder users to benefit from the experiences of others, and help the community benefit from their own experience using various remit Service Providers.

You can rate and review a Service Provider by clicking on the 'Add Review' button on the Service Providers page; this button is enabled when you have chosen a Service Provider, are logged in and have not rated and reviewed the chosen Service Provider before.

RemitFinder supports the following rating types:
- Ease of Use
- Exchange Rate
- Remit Speed
- Customer Service

RemitFinder supports the following rating levels:
- Excellent
- Good
- Average
- Poor
- Bad

Users can provide ratings by clicking on the rating stars next to each rating type.

In addition to rating the Service Provider on various rating types, you can provide two additional pieces of information:
- comments - free form text
- Would you recommend this Service Provider? - Yes/No choice

RemitFinder wants you to write your reviews freely and openly so the community can truly benefit from your experience. That said, your review will need to comply with the following guidelines - no profanity or foul language, relevant to provider and money transfer experience, and complying with general levels of polite and professional language. Rule of thumb - think of how other remitters like yourself can benefit the most from your review.

No; All submitted reviews will go through an approval process and are checked against our aforementioned review guidelines. Your review may be edited for grammar and punctuation, and will be posted within a few business days. Should we decide that your review fails to comply with our review guidelines, we may choose to not approve your review for publication. All decisions made by our team in this regard will be final.

Yes; RemitFinder allows you to vote on reviews written by other users by saying if you found a review helpful or not. This helps drive the popularity of useful reviews, thereby benefiting the community.

RemitFinder averages ratings for Service Providers so users can see average ratings for a Service Provider; this average is shown in the system at two places:
- On the Rates page next to the name of the Service Provider
- On the Providers page next to the name of the Service Provider

The average rating provides overall average rating for the Service Provider. If you click on the average rating, a popup shows up with 2 additional pieces of information:
- Average ratings for all the individual rating types
- Number of reviews that were used for computing the average rating

When registering for RemitFinder services, as appropriate, you may be asked to enter your name and e-mail address. You may, however, also use some RemitFinder services anonymously.

Please refer to our Privacy Policy for further information.

Any of the information we collect from you may be used in one of the following ways:
- To personalize your experience: Your information helps us to better respond to your individual needs.
- To improve RemitFinder services: We continually strive to improve our service offerings based on the information and feedback we receive from you.
- To improve customer service: Your information helps us to more effectively respond to your customer service requests and support needs.
- To process transactions: Your information, whether public or private, will not be sold, exchanged, transferred, or given to any other company for any reason whatsoever, without your consent, other than for the express purpose of delivering the purchased product or service requested.
- To administer a contest, promotion, survey or other RemitFinder service feature.
- To send periodic emails: The email address you provide may be used to send you information and updates pertaining to your account, in addition to receiving occasional company news, updates, related product or service information, etc.

Please refer to our Privacy Policy for further information.

RemitFinder does not sell, trade, or otherwise transfer to outside parties your personally identifiable information. This does not include trusted third parties who assist us in operating our services, conducting our business, or servicing you, so long as those parties agree to keep this information confidential. We may also release your information when we believe release is appropriate to comply with the law, enforce our service policies, or protect ours or others rights, property, or safety. However, non-personally identifiable visitor information may be provided to other parties for marketing, advertising, or other uses.

Please refer to our Privacy Policy for further information.