Established in 2010 WorldRemit has been growing in leaps and bounds. They started offering their remittance service to Zimbabwe in 2014 when they partnered with Ecocash. They then went on to partner with several other banks including FBC and Mukuru. This means that if someone or you sends money via WorldRemit, the recipient can collect their money from banks and any Mukuru agent including at Orange Booths.
WorldRemit is mostly about mobile money which means that the sender doesn’t have to visit some branch in order to send money. They can just send using their mobile phone after signing up. The recipient can then collect USD cash Zimbabwe
How easy is it to sign up for WorldRemit?
You can sign up by visiting their website. You will need a valid ID, proof of residence and address and sometimes a permit. Their KYC policy is not very different from those of banks. If you don’t have the right documents the limit can be very low. The maximum limit for sending money to Zimbabwe is US$2 000. This can be reviewed if you have the right documents.
How much does it cost to send money to Zimbabwe via WorldRemit?
According to our calculations, WorldRemit charges around 8% to send money to Zimbabwe. If you are in a country like the United Kingdom where the currency is different i.e. Pound Sterling you will also have to pay a currency conversion fee that changes from time to time.
Which countries allow me to send money to Zimbabwe via WorldRemit?
WorldRemit is popular with Zimbabweans in Canada, the United Kingdom, the United States and Australia. If you are in these countries we recommend that you use WorldRemit to send money as they have a strong presence. In addition, you can also send money via WorldRemit from the following countries:
Austria (not to be confused with Australia), Bahrain, Belgium, Brazil, Bulgaria, Burkina Faso, Cameroon, Canada, Croatia, Cyprus, Czech Republic Denmark, Finland, Australia, France, Germany, Ghana, Hong Kong and a host of other countries. You can also send money from South Africa to Zimbabwe using WorldRemit however given their extensive signup requirements you are better off using Mukuru if you are in South Africa if you don’t have things like proof of residence.
WorldRemit, which charges 8% is slightly cheaper than Mukuru which charges 10% though. On the other hand, you can only get USD via WorldRemit while Mukuru allows you to send Rand as well.
Do WorldRemit branches open during lockdowns in Zimbabwe?
You can collect your money from Banks and Mukuru Agents. All of them open during lockdowns as they are essential services.
Can I send money from South Africa using WorldRemit?
Yes, you can send money via WorldRemit from South Africa although people tend to favour Mukuru and Cassava there. You can see the list of countries from which you can send money via WorldRemit from their website.
Where can I pick up money send via WorldRemit in Zimbabwe?
At CBZ, FBC and other bank branches. In addition, you can also just collect your money at Mukuru Orange booths as Mukuru and WorldRemit are partners.
How hard is it to collect your USD when money is sent via WorldRemit?
It is very easy and hassle free. You just show up at an agent, bank or Mukuru branch and it will take them minutes to hand you your money. Finding a collection point is easy given WorldRemit’s partnerships with banks and Mukuru.