WorldRemit, the leading online money transfer service, has been named the best European money transfer company by the International Association of Money Transfer Networks (IAMTN) in this year’s annual awards.

Announced at a special ceremony during the Global Money Transfer Summit held at Hilton London Docklands Riverside, WorldRemit was declared the ‘Best Money Transfer Company for Europe’. The award is given to the European company that best demonstrates ‘the ability to drive service innovation through providing consistent customer service and customer-driven solutions’.

WorldRemit’s founder and CEO, Dr Ismail Ahmed, comments: “We are delighted to have won this prestigious award in recognition for our commitment to deliver innovative customer service to our users. We will continue to innovate and offer choices for migrants and expats so that we can remain at the forefront of the rapidly changing technological and regulatory landscape in the money transfer industry”.

“For too long the money transfer industry has been monopolised by a few big players that impose extortionate minimum charges and consistently poor services. This is beginning to change with innovative online services such as WorldRemit that are transforming the way money transfer is conducted.”

WorldRemit offers online money transfer services in 21 European countries including UK, Germany, France, Spain, Italy, Netherlands, Norway, Sweden, Denmark, Finland, Switzerland, Ireland, Austria and Belgium. The service offers customers a wide range of pay-out options in receive countries including instant cash pickup, mobile wallets, bank deposits and international airtime top-up. WorldRemit uses a transparent pricing system with clearly displayed and guaranteed exchange rates giving the sender the freedom to decide how much to send and the peace of mind that comes from knowing exactly how much will be received.

“There is no better reward than being recognised by one’s peers”, said Mohit Davar, Hon Chairman of IAMTN.

About WorldRemit

WorldRemit is an award-winning online platform enabling migrants and expats to send remittances to family and friends in more than 100 receive countries using a variety of payment options including debit cards, credit cards and local payment methods. With 26 send countries, WorldRemit is the world's largest dedicated online money transfer business.