Online Money Transfer
Over the internet. There are several ways to perform an online money transfer:
- Bank-to-bank transfer: This is a transfer of money between two bank accounts, using an online banking platform or mobile app. To make a bank-to-bank transfer, you will need the recipient’s bank account information, including their account number and routing number.
- Third-party money transfer services: These services, such as PayPal, Venmo, or Zelle, allow you to transfer money from your account to another person’s account via their app or website.
- Cryptocurrency transfer: This is a way to transfer money using digital currencies such as Bitcoin, Ethereum, and others. You can transfer money from one digital wallet to another.
- Mobile Wallet: Some countries have mobile wallet services that allow users to transfer money to others using their mobile number.
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.
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.
Your data is transmitted in a secure way and all password data is encrypted.