Money Wire Transfer

A wire transfer is a method of electronically transferring funds from one bank account to another. Wire transfers are typically fast and secure, and can be used for both domestic and international transfers.

To initiate a wire transfer, you will need the following information:

  1. The recipient’s name and address
  2. The recipient’s bank account number and routing number
  3. The name and address of the recipient’s bank
  4. The bank’s SWIFT code (for international transfers)

You can initiate a wire transfer through online banking, mobile banking, or in-person at a bank branch. Some banks may also offer wire transfer services through their ATMs or phone banking.

It’s important to note that wire transfers typically come with a fee, and the fee may vary depending on the amount of the transfer, the destination country and the bank you are using. Also, it is important to double-check all the information provided to avoid any errors that may cause delays or additional fees.

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Data Protection

RemitM is registered with the Information Commissioner’s Office (ICO), the UK’s independent authority set up to uphold information rights in the public interest.

You can visit the ICO website to learn more about data protection or search the ICO register to view details of Remitm’s registration (Registration Number: ZA526026)

Client Funds

All clients’ funds are held in a dedicated client account separate from RemitM’s funds, in line with our regulatory framework and consistent with good practice.

We earn no interest from holding client funds, as your payments and transfers are not held by us and are remitted to recipients upon receipt.

Online Security

Online security is given a very high priority. Our online payments and money transfer system uses the same technologies as online banking for security.

Your data is transmitted in a secure way and all password data is encrypted.

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