Looking for a way to send money abroad without hidden fees or long delays? SENDWAVE delivers fee-free, near-instant transfers through a slick mobile app—perfect for sending remittances to family and friends. This review covers how SENDWAVE works, its pricing, core features, pros and cons, trust credentials, and customer support.
Why SENDWAVE Stands Out
- Zero Transfer Fees – SENDWAVE doesn’t charge any fees on most transfers, meaning 100% of your money goes to your loved ones.
- Competitive Exchange Rates – Offers rates within 0.5% of the mid-market rate, often beating traditional banks.
- Instant Mobile Payouts – Funds typically arrive within minutes directly into the recipient’s mobile money or bank account.
- Global Reach – Send to 50+ countries across Africa and Asia, including Kenya, Nigeria, Ghana, India, and the Philippines.
- User-Friendly App – A streamlined, mobile-first experience with biometric login, intuitive design, and built-in recipient address book.
- Regulated & Secure – Licensed by the UK’s FCA, registered with FinCEN in the U.S., and compliant with data-protection standards.
How SENDWAVE Works
- Download & Sign Up
- Available on iOS and Android. Create an account using your mobile number, email, and a selfie for verification.
- Add Funds
- Top up via debit card, credit card, or bank transfer. No fees apply for most corridors.
- Select Recipient & Amount
- Choose a saved beneficiary or add a new one with mobile-money or bank-account details. Enter the amount you want to send.
- Confirm & Track
- Review the zero-fee transfer and competitive rate, then confirm. Track status in-app until funds arrive—usually within minutes.
Transfer Fees & Exchange Rates
- Zero Fees: No outbound fees on the majority of transfers.
- Transparent Rates: Exchange rates typically within 0.5% of the mid-market rate, clearly displayed before you send.
- No Hidden Charges: You always see the exact amount your recipient will receive.
Key Features
- Instant Delivery: Mobile-money transfers complete in minutes. Bank deposits typically post the same day.
- Recurring Transfers: Schedule regular transfers so you never miss a payment.
- Recipient Address Book: Store beneficiary details securely for one-tap sending.
- Push Notifications: Real-time alerts for every step—funding, processing, and received.
- Multi-Platform Access: Send via mobile app or the Sendwave web dashboard.
Pros & Cons
| Pros | Cons |
|---|---|
| ✓ Zero Transfer Fees – 100% of funds sent | ✗ Limited Coverage – Mainly Africa & Asia |
| ✓ Fast Delivery – Minutes to hours | ✗ Card Funding Fee – Some card issuers may charge fees |
| ✓ Competitive Rates – Near mid-market | ✗ No Cash Pickup – Mobile-money or bank only |
| ✓ Easy Recurring Payments | ✗ Verification Delays – New users may wait 1–2 days |
Transparency & Trust
SENDWAVE operates under strict regulatory oversight:
- UK Financial Conduct Authority (FCA) authorization.
- U.S. FinCEN registration as a money services business.
- Data Security: GDPR-style privacy controls, SSL encryption, and multi-factor authentication.
Customer Service & User Reviews
- App Store Ratings: 4.8⭐ on iOS and 4.6⭐ on Google Play, praised for simplicity and speed.
- Support Channels: In-app chat and email support, with response times usually under 24 hours.
- Community Feedback: Users commend the zero-fee model and near-instant delivery, though some note limited destination coverage.
8.9
RemitReview Score
Transparency
10
Exchange Rate
8.5
Transfer Fee
10
Transfer Speed
9
Supported Currencies
7
Customer Satisfaction
8.6
Conclusion
For anyone needing fast, fee-free, and hassle-free remittances to supported countries, SENDWAVE is an outstanding choice. Its zero-fee transfers, competitive rates, and instant mobile payouts make it ideal for regular senders and beneficiaries alike.
Ready to send smarter? Get started with SENDWAVE today!
