Frequently Asked Questions

FAQ is suppose to be an online document that poses a series of common questions and answers on a specific topic.

Palremit converts the most fiat currencies, including:
- Nigerian Naira
- Ghanaian Cedis
- Korean Won
- US Dollar
- Kenyan Shilling
- Chinese Yuan
- Philippines Peso
- European Euro
- United Kingdom Pound

Palremit operates using super-secure and high-level security systems which are constantly monitored by a team of digital security experts.
We utilize a special “cold wallet” storage system to provide maximum security for all user funds.
We have enabled a “2FA Authenticator” to prevent unauthorized user transactions.

Easy local or international transactions via the Palremit app on a phone or the web.
Ultra-fast sending and remitting of funds to/from home/abroad – most within some minutes or less.
Access to both physical and virtual card services. We provide actual Mastercard Debit Cards for customers that can be used anywhere. Accounts can be funded with local currencies and Crypto, and the card can be used to make purchases in-person or online in 150 countries.
Easy exchange of Cryptocurrencies to local fiat currencies, and vice versa.
Receive payment from foreign and local job recruiters with Palremit’s hassle-free Neo-banking feature (virtual bank accounts). Freelancers can now easily create payment accounts in multiple currencies.
Corporations can use Palremit for automated payroll; employee disbursements can be made instantly to recipients in all 150 Mastercard-supported countries.

Palremit is a digital wallet and exchange, which enables safe and convenient financial transactions, including peer-to-peer, in multiple currencies. Palremit helps travellers, expatriates, businesses, and individuals, facilitate instant monetary transactions (fiat and cryptocurrency) from anywhere to anywhere. Accounts can be funded with local and cryptocurrencies on physical and virtual cards.

International Passport.
Local or International Driver’s License.
Any form of government-issued identification

We employ a top-notch support team available 24/7 to assist with any customer issues encountered while using the platform. Email: [email protected]

Our cryptocurrency wallet has no transaction limit; due to various governmental anti-money laundering policies, fiat transactions are capped at US$100,000 per day.

Compare our fees to competitors like Paypal, Moneygram, Western Union, and others. Palremit’s fees are almost zero on most transactions (1% or less). Using Palremit saves you money.

Palremit converts the most fiat currencies, including:
- Nigerian Naira
- Ghanaian Cedis
- Korean Won
- US Dollar
- Kenyan Shilling
- Chinese Yuan
- Philippines Peso
- European Euro
- United Kingdom Pound

Easy local or international transactions via the Palremit app on a phone or the web.
Ultra-fast sending and remitting of funds to/from home/abroad – most within some minutes or less.
Access to both physical and virtual card services. We provide actual Mastercard Debit Cards for customers that can be used anywhere. Accounts can be funded with local currencies and Crypto, and the card can be used to make purchases in-person or online in 150 countries.
Easy exchange of Cryptocurrencies to local fiat currencies, and vice versa.
Receive payment from foreign and local job recruiters with Palremit’s hassle-free Neo-banking feature (virtual bank accounts). Freelancers can now easily create payment accounts in multiple currencies.
Corporations can use Palremit for automated payroll; employee disbursements can be made instantly to recipients in all 150 Mastercard-supported countries.

Palremit operates using super-secure and high-level security systems which are constantly monitored by a team of digital security experts.
We utilize a special “cold wallet” storage system to provide maximum security for all user funds.
We have enabled a “2FA Authenticator” to prevent unauthorized user transactions.

Easy local or international transactions via the Palremit app on a phone or the web.
Ultra-fast sending and remitting of funds to/from home/abroad – most within some minutes or less.
Access to both physical and virtual card services. We provide actual Mastercard Debit Cards for customers that can be used anywhere. Accounts can be funded with local currencies and Crypto, and the card can be used to make purchases in-person or online in 150 countries.
Easy exchange of Cryptocurrencies to local fiat currencies, and vice versa.
Receive payment from foreign and local job recruiters with Palremit’s hassle-free Neo-banking feature (virtual bank accounts). Freelancers can now easily create payment accounts in multiple currencies.
Corporations can use Palremit for automated payroll; employee disbursements can be made instantly to recipients in all 150 Mastercard-supported countries.

We employ a top-notch support team available 24/7 to assist with any customer issues encountered while using the platform. Email: [email protected]

Palremit operates using super-secure and high-level security systems which are constantly monitored by a team of digital security experts.
We utilize a special “cold wallet” storage system to provide maximum security for all user funds.
We have enabled a “2FA Authenticator” to prevent unauthorized user transactions.

Palremit converts the most fiat currencies, including:
- Nigerian Naira
- Ghanaian Cedis
- Korean Won
- US Dollar
- Kenyan Shilling
- Chinese Yuan
- Philippines Peso
- European Euro
- United Kingdom Pound

We employ a top-notch support team available 24/7 to assist with any customer issues encountered while using the platform. Email: [email protected]

Expatriates
Travelers/Tourists
International Businesses/Multinationals
Global and crypto traders and other individuals who deal with foreign exchange regularly

Set up your account with your unique details and do your KYC. That’s all.