Sending money to Pinas using World Remit

[Ian S]

Ok, my first experience with World Remit is turning out to not be a good one. I have been waiting 2 weeks for my transfer and nothing has happened. When I checked on the website today it said that the transfer has been cancelled. I've no idea why this happened so I sent them an Email. I will report on what happens next. Has anybody else had similar experiences?

[Dedworth]

Ok, my first experience with World Remit is turning out to not be a good one. I have been waiting 2 weeks for my transfer and nothing has happened. When I checked on the website today it said that the transfer has been cancelled. I've no idea why this happened so I sent them an Email. I will report on what happens next. Has anybody else had similar experiences?

Best avoided the outfit is owned and run by this bloke

Dr Ismail Ahmed - CEO And Founder

Ismail has more than 20 years' experience in international remittances as an academic researcher, compliance adviser for the United Nations and consultant for leading money transfer companies in the Horn of Africa corridor. He has an MSc with distinction, a PhD in economics from the University of London and an Executive MBA from London Business School.



https://www.worldremit.com/en/about-us

[Ian S]

Best avoided the outfit is owned and run by this bloke

Dr Ismail Ahmed - CEO And Founder

Ismail has more than 20 years' experience in international remittances as an academic researcher, compliance adviser for the United Nations and consultant for leading money transfer companies in the Horn of Africa corridor. He has an MSc with distinction, a PhD in economics from the University of London and an Executive MBA from London Business School.



https://www.worldremit.com/en/about-us

Sorry, I don't understand. Why is it best avoided? What has this bloke done wrong?

[Dedworth]

Sorry, I don't understand. Why is it best avoided? What has this bloke done wrong?

I didn't say he had done anything wrong but with my risk assessment parameters money and Somalis ring alarm bells.

[Ian S]

I didn't say he had done anything wrong but with my risk assessment parameters money and Somalis ring alarm bells.

So you're saying that we should not trust this company because of where the founder comes from? Hmmm, isn't that being racist?

[Dedworth]

So you're saying that we should not trust this company because of where the founder comes from? Hmmm, isn't that being racist?

And what is that supposed to insinuate ?

You're the person who is concerned about the service from this outfit so I'd expect you to be wondering if Somalia is a world leader in financial services ? Most of the news stories I read seem to concern piracy, civil war, crime and so called "asylum seekers". Still there can't be many other operations specialising in money transfer to the Philippines who have an ex UN "compliance adviser" at the helm.

If I was thinking of transferring some funds I would delve a bit further into the FSA entry which states "Payment services are not covered by the Financial Services Compensation Scheme"

[Ian S]

And what is that supposed to insinuate ?

You're the person who is concerned about the service from this outfit so I'd expect you to be wondering if Somalia is a world leader in financial services ? Most of the news stories I read seem to concern piracy, civil war, crime and so called "asylum seekers". Still there can't be many other operations specialising in money transfer to the Philippines who have an ex UN "compliance adviser" at the helm.

Yes, I was concerned about the service from this company, but definately not for that reason. I was just asking if anybody else has had problems with the company. I know you meant well and was trying to be helpful but I would NEVER EVER judge weather or not I can trust somebody or a company by where the founder comes from. It's a British company, not a Somalian company and in my eyes, if I avoid them because the founder is Somalian then I would be discriminating against him because of his nationality. In my eyes this is racism which I'm not a big fan of.

Anyway, back on topic, I left a message to the company and got a very fast response. It turns out that the reason my money hasn't been sent is because I haven't actually sent it to them yet so it's all my own fault. I got confused by the website and thought that I was waiting for a reference number. The lady told me that I get the number AFTER I have sent them the money.

Anyway, I haven't heard any bad things about the company, and they seem to be ok, so I'm now going to transfer my money to them. I will keep you updated.