14 December 2020

a woman with freckles setting up a Christmas tree

This year, many migrants around the world won’t reunite with their families back home to spend Christmas together. Luckily, you can still show your loved ones that you’re thinking about them. Sending money to family back home is one of the simplest and most appreciated gifts you can give.

In our article, we share some useful information to help you with your holiday transfers.

How to get the best holiday deal?

When you’re choosing a money transfer provider, you want to look for a company that gives you the most value for your money. And with WorldRemit, that’s what you get.

We have recently introduced a new flat rate and lower exchange rate margins. This means that you only pay one flat fee with WorldRemit - no matter how much you send. Plus, we’re offering all new customers their first three money transfers fee-free!

When you download our app, you can even set up notifications to track exchange rates and discover the most cost-effective time to make your transfer.

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When is the best time to send money for Christmas?

Realising that your loved ones won’t receive the funds before Christmas can be upsetting for both parties. Before making a money transfer, check how long it will take for the money to arrive with the recipient. This way, your recipient has enough time to buy what’s needed, and you can help out in case any unexpected expense comes up.

We work with a broad spectrum of partners that help us bring the delivery time to the minimum.

Below, you can see the list of our services with their standard delivery times:

  • Cash pick up: Available for collection instantly.

  • Bank transfer: Instant transfers are available to selected banks. Other timings can vary depending on the bank, day of the week, or transaction creation time.

  • Mobile money: Available within minutes. Some providers can take up to 1 working day.

  • Airtime top up: Available within minutes.

Are there any service changes during Christmas?

WorldRemit is operating 24/7, even during Christmas. It’s one of the perks of our online service - having a piece of mind knowing that we’re here whenever you need us. 

Customer support

Similarly, WorldRemit customer support is not affected by the Holidays. Our team is working around the clock, ready to help you with any queries you might have. You can also find useful information on our FAQ page.

Changes on the receiving side

Most holiday transfers will go through as usual. However, some of our local partners are reducing their hours of operation during Christmas.

While most of our correspondents operate on the 24th December, some transactions created during 25th December - 28th December might be affected. If possible, we recommend you to allow a few extra days when sending money. 

Payments

Bank holidays will impact your transfers if you choose to pay with a bank transfer (applicable for our UK customers). In the UK, Christmas Day (25th December), Boxing Day (26th December) and New Year's Day (1st January) are all bank holidays. All payments will be received the next working day.

When making a transfer during these days, it might be worthwhile to pay with your debit or credit card, as we receive these payments instantly.

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Give the gift of WorldRemit this year

Do you know someone who would enjoy our services? Then why not spread the word!

For every friend that signs up with your unique referral code and sends the specified minimum amount, we’ll send you both a reward voucher. The monetary value of your reward voucher depends on your sending country. For example, our UK customers receive £20 and our US customers receive $20. Find the reward amounts for all countries here.

All you need to do to become eligible is make your first transaction with us. Once you’ve sent your first transaction, you’ll find your unique referral code on the Refer A Friend page on your WorldRemit account within ten days.

With our Refer a Friend promotion, both you and your friend can enjoy some extra money to send to your loved ones this Christmas.

Christmas remittances

Christmas time is usually one of the busiest times for international transactions, as people rush to send gifts abroad. Every Christmas, billions of dollars are transferred to family members back home by migrants living and working abroad. According to the World Bank, around 40% of the remittances sent during December are declared as gifts.

Here are some benefits of sending money for Christmas:

  • It’s usually more affordable to send money than it is to pay for the postage of your present.

  • You can avoid any postal nightmares and no-shows.

  • Your recipient will have the freedom to buy items that will make the most significant difference.

A bit of extra money has the potential for the recipients to afford those little extras that make Christmas special. Thank you for choosing us as your remittance partner. We wish you all a truly magical time this Christmas.

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