Unlimited Remit

Unlimited Remit helps immigrants send money back home to their friends and family in a safe, secure, fast, digital manner --- that too at very low costs. There are 272 million migrants in the world that send USD 930 billion per year. As per World Bank report the cost of sending these funds from remittance companies is 6.3% and 10.66% from banks, which totals to USD 60 billion in fees per year. We would like to ensure immigrants are able to send money from their phoneapp, web app in a digital manner saving time, ensuring they get the best exchange rates with no fees or charges --- ensuring that the funds reach the bank accounts or wallets of their friends and family within minutes in near real time eliminating all the middlemen in between making it safer, faster and cheaper so that they are able to take the maximum benefit from their hard earned money.