On top of our free 'no money transfer fee' service, you will still receive our 'best price guarantee' where we quote the best competitive exchange rate in the market at which to make your remittance payment. Our margins are extremely competitive allowing us to out-price the banks and our competitors.
Through our global payout network we are able to make remittance payments
to over 100 countries via bank to bank transfer, cash collection or mobile money transfer. Our payout options are different for each country, please click this link: https://exchange4free.com/send-money-destination-countries.html
for a list of our sending country options.
For more information on cash collection points click this link: https://exchange4free.com/remittance-cash-collection-points.html
We cover any receiving fee charges if you make an EFT bank transfer to your recipients bank account. There are no receiving fee charges on cash payouts.
Once you have paid for your remittance and we receive your funds, our payment team will payout your chosen recipient or arrange your cash payout.
From the date that we receive the payment for your remittance, it will then take 1-3 working days for your beneficiary to receive the funds.
Once our payments team has arranged for your cash collection to be paid out, you will recieve an email with collection information for your recipient. In some cases this information will also be sent to your beneficiary. The email will include a 'password' or 'reference' number that your recipient will need to provide upon collection, as well as what identification (identification document, passport, drivers license etc) your recipient will need to show in order for the money to be paid out.
The status of any remittance transaction can be checked by going to the Track My Transfer page on our website.
All remittances transacted through Exchange4free are processed through the following statuses:
PENDING: This is the transaction status when the remittance is first booked online on our system
RECEIVED: Once your funds have been received by Exchange4free then the status of your remittance is updated to 'Received'
COMPLETED: Exchange4free make payment to your remittance recipients and complete the remittance transfer
Our system also sends clients emails and SMS's every time that the status of your remittance is changed from Pending to Received, and finally to Completed.
We service the top remittance corridors including India, China, Philippines, Nigeria, Bangladesh, Pakistan, Vietnam and Ukraine. Providing our 'best price guarantee' and benefits on every