Find the latest Azimo Money Transfer Promotions, Coupons, Discount Promo Codes here.
Azimo is a peer-to-peer (P2P) money transfer service that was made for people who reside in the United Kingdom and Europe who want international money transfers. Using this service is very easy, the transfers have a small price, and delivery choices will have a cash pick for certain countries.
Being able to make transfers in different countries globally in lots of different currencies, read more about this transfer service and see our Azimo Money Transfer Promotions!
Compare this to other money transfer services like Remitly, Xoom, and TransferWise.
Welcome Offer
Azimo Money Transfer has an limited time introductory offer for new customers that enables them to receive the first two transfers fee-free.
Azimo: In A Nutshell
Payment Options | Bank account Debit or credit card Online direct payment (ie: SOFORT, Ideal) |
Delivery Options | Bank account Cash pickup Mobile wallet Mobile top-up Home delivery SWIFT transfer |
Transfer Speed | 1 – 2 business days |
Transfer Channels | Azimo website Azimo app |
Transfer Limit | Varies by country |
How It Works
As of this moment, Azimo will only service customers in the U.K and Europe that wants to send money to countries that are outside their region. Right now, this provider will be able to exchange money in more than 60 currencies to over 195 countries worldwide.
Sending Money
By using this service, you will be able to send money wherever you are. You just need to sign up for a free Azimo account. After you’ve done this, just follow the instructions provided.
- Sign into your Azimo account.
- Put in the recipient’s email or phone number, how much, and the currency you would want to send.
- Pick how you want to pa and send it safely with Azimo’s secure money transfer service.
- They will then deliver your money towards your recipient automatically, or it can take a few business days (depending on the payment and receiving method).
Verification Documents
Due to regulations, Azimo requires you to verify and confirm for big transaction amounts. You can be required to give a copy of your identification, proof of address, and source of the funds depending on where you’re sending to and how much.
Proof of identity. Qualified documents will include: a passport, national ID card with a picture, drivers license, or resident permits (from UK, France, Spain, and Germany only).
Proof of address. With this, you need to put in a copy of an eligible institution that has your name and address provided on it.
Proof of funds. Qualifying documents will include but not limit to: a pay-slip, bank statements, a screenshot from electronic banking, a credit card statement, a tax rebate receipt, house sales receipt, car sales receipt, or a bank loan document.
Fees & Rates
Like other international money transfer services, Azimo makes their money in two different ways: off of transfer fees or by taking a margin on exchange rates.
Transfer Fees
Azimo will charge a variable fee from £1, depending on your payment and destination countries, even pay-in and payout options.
Exchange Rates
These rates will differ by the payout method, normally it differs from between 1%-2.25%. The difference is that banks will typically charge about 5%-10% margins. Azimo will enable you to lock in your rates beforehand, this way you will know the exact amount of money your recipient is receiving.
Transfer Speed
Even though Azimo doesn’t have lots of currencies to pick from, they do make up for this in transfer speed. Especially with smaller transactions that are funding with debit or credit cards. Using this, you will be able to transfer your money a lot faster than normal money transfers.
Bottom Line
Azimo Money Transfer is a fast and safe way of doing international money transfers. After you use this service, you will then know why they are ranked so high with their features, perks, fees, and security.
If you reside in the U.K or Europe, this service is a great option if you want to send money to friends and family. You will be able to save more of your money when you visit out our list of credit card bonuses!
(Visit Azimo for more information)