GlobalWebPay offers international money transfer by implementing a bank transfer instruction on behalf of the sending customer. Link to external site : Website for GlobalWebPay Online Money Transfer |  |
| Brand | |
| Launched in | |
| Status |
Active Register/Log In |
| Launch |
2010 Register/Log In |
| Importance |
Very High Register/Log In |
| Traction | |
| Evaluation |
Both sender and receiver need to be banked. Has excellent reviews on TrustPilot as of 31/7/14 when we last checked. Register/Log In |
| Account Type |
Bank Account Register/Log In |
| Business Model |
As of July 2014 £4.75 flat transaction fee charged for whatever amount sent. Prior to that we noted GlobalWebPay converts the money into the domestic currency first, and then sends it onwards to the recipient bank, consequently, no recipient fees should be charged. |
| Class |
| Send | Services | Receive | ||||
|---|---|---|---|---|---|---|
 Mobile  Web |
 Account  ACH  Card |
 |
 D2B  DMT  IMT |
|
Account ACH |
Mobile Web |
| Model |
non-bank based Upgrade to Bronze |
| Who Leads? |
third party led Upgrade to Bronze |
| Reach |
Corridor Upgrade to Bronze |
| Active Users |
-- NA -- Upgrade to Bronze |
| Registered Users |
-- NA -- Upgrade to Bronze |
| Potential Mobile Market (m) |
0.000 Upgrade to Bronze |
| Regulations |
| Persona | |
| Purpose | |
| Active Services | |
| Card Type |
None Register/Log In |
| ServicesDescription |
This is a Direct-to-Bank Transfer with only deposit to account supported. Next working day delivery. However it can take up to 3 working days depending on deposit method, cut-off time and recipient bank clearing. |
| Channels | |
| Payment Instruments | |
| Cash I/O Description | |
| Cash I/O No Of Locations | |
| Handsets | |
| Technologies | |
| Interoperability |
To any bank account payment service Register/Log In |
| RegistrationProcess |
| Main Segment | Migrants |
| Segment Description |