At Rapid REMITS, we are transforming the way businesses manage their financial operations. Founded with a vision to enhance banking for companies and startups, our journey began by creating a seamless, robust bank account that turns banking from a hurdle into a powerful business enabler...
Yes. Registration is required to use bank transfer services.
To apply for an account with Rapid REMITS, you'll need to provide the following:
Yes, we support global entrepreneurs. However, registration is unavailable from some countries in Africa.
We support a variety of businesses including SaaS, ecommerce, real estate, law firms, and more. However, we do not accept businesses related to prohibited finacial services, adult entertainment, cannabis, or internet gambling.
Rapid REMITS is free for everyday operations. Advanced features like mass payments or currency exchanges may incur extra fees.
We generate revenue through interest on deposits, foreign exchange processing, and subscription models for certain features.
We charge a 1% fee for currency exchanges and offer customized fees for larger transactions.
Yes, sending USD internationally is free, but additional fees may apply depending on your selected processing method.
Yes, Rapid REMITS Treasury is available for accounts with balances over $250,000. We hope to expand access to all users in the future.
Local transfers are instant, and international transfers take 2-3 business days, depending on the receiving bank.
You will need the recipient's name, bank, account number, SWIFT/BIC code, and country.
Transfers can only be canceled before they are processed. Once sent, they cannot be reversed.