Editorial review of OrbitRemit

How to send money abroad using OrbitRemit? How much time it will take to reach the recipient? Is it safe to transfer money online? All these thoughts hit your mind when you start using the money remittance services. But now you need not to worry because the experts of ERIQ provide in-depth and unbiased review of OrbitRemit by performing all the research. OrbitRemit offers remittance services from Australia, New Zealand and the United Kingdom.

OrbitRemit is an international money transfer service provider which offers its services to people residing in Australia, New Zealand and the United Kingdom. The company offers exchange rates that are better than those offered by banks, flat fees and 24-hour customer service. The residents of New Zealand are also able to make free payments to the New Zealand Inland Revenue Department (IRD). Some of the benefits of using OrbitRemit are:

• Flat fee
• 24*7 customer service
• Fast and secured transfers

OrbitRemit Transfer Fee

The transfer fee in OrbitRemit is flat and fixed. At the same time, it also depends on the country where you live and where you are sending the funds.

• If you send money from the UK, you have to pay the flat fee of GBP2 in most of the countries.
• If you are sending funds from Australia, you have to pay the flat fee of AUD $4 for most of the countries. OrbitRemit free transfer is offered if you transfer funds to India.
• From New Zealand, you have to pay the fee of NZD $5 for most of the countries.

OrbitRemit Exchange Rate

The company offers a bit lower price than that of price existing in the market. It earns from the small difference in price which they get from the market and offer to the customers.

Any Other Fee

The company does not charge any other fee from its customers. They have to pay which is shown on the transaction page. Even they offer free transfers above 10,000 in any currency.

So, here we rate OrbitRemit 8 out of 10.

OrbitRemit Hidden Fee

The company does not charge any hidden fees from the customers. The recipient will receive the amount that has been shown on the transaction page to the sender.

OrbitRemit Tracking Details

The company does not provide any number to track the transfer. You can see the transaction details on the dashboard and they will notify about the same through email.

So, on the basis of transparency, we rate it 8 out of 10, because it has no hidden fees, but at the same time, it is providing any simple tracking procedure.

The company releases the funds as soon as it receives the funds from customers. But further, it all depends on the cut-off time and working hours of the banks in the country you are sending funds to. For example, the cut-off time in Australia is 6 pm (AET) while the banks of New Zealand works till 8 pm, 10 pm or 12 am. So, it can transfer funds within one business day, but this can be delayed to 3-5 working days depending on the country and currency.

OrbitRemit does not offer instant transfers like many of its competitors. Therefore, we rate it 7 out of 10 for its transfer speed.

It’s very much essential to stay safe and secure when you do online transactions because hackers try to steal the personal details which can affect you personally as well as financially. But when you are transacting through OrbitRemit, you need not to worry because the company is using high privacy policies to conduct lawful and fair business.

• It is regulated by the Australian Securities and Investments Commission (ASIC) in Australia
• The Financial Conduct Authority (FCA) in the United Kingdom is regulating it.

It is authorized by other governmental regulatory in other countries to keep the details of its customers safe. So, on the basis of security, we rate it 9 out of 10.

OrbitRemit is a highly responsive website. You will get the amount that will be received by the recipient once you enter the amount you want to send. The company also offers every 11^th transfer free, when you complete 10 transfers successfully. Some of the positive and negative aspects of the company are:

Positive:

• Competitive exchange rates
• Convenient transfers
• Easy and convenient money transfer

Negative:

• Less coverage and availability
• Only pay by bank transfers
• No cash pick-up

OrbitRemit Mobile Apps

The company offers both Android and iOS apps to the customers. You can download the apps here.

1. OrbitRemit Android App
2. OrbitRemit iOS App

OrbitRemit Refer a Friend

The company provides a unique link to the customers to share with their friends and family. When they complete the first transfer using your link, it will credit GBP £75 or AU/NZD $150 in your OrbitRemit account.

OrbitRemit Promo Code

The company shares various promo codes with the customers to provide them discount through email as well as SMS. One can use these promo codes in the available time to take the benefit of discounted fee.

On overall user experience, we rate it 8 out of 10, as there are many areas where it can grow to become a top money remittance company. For using the services of OrbitRemit login here.

The company is offering its services in very few countries and has the potential to grow more. Therefore, we rate it 7 out of 10 for its coverage. So, if you want to transact with OrbitRemit sign up here.