Last reviewed: · Curated by Ohmyfin Organisation editorial.
Sendwave was built specifically to make Africa remittance free or near-free — flat $0 fee model with FX margin. Acquired by Zepz (parent of WorldRemit) in 2021. Almost never uses SWIFT. Sendwave is the wrong tool to bring to Ohmyfin — it deliberately avoids SWIFT to keep costs at zero. If your Sendwave transfer is delayed, contact Sendwave support; Ohmyfin can't help (no UETR exists).
What is Sendwave? Sendwave was built specifically to make Africa remittance free or near-free — flat $0 fee model with FX margin. Acquired by Zepz (parent of WorldRemit) in 2021. Almost never uses SWIFT.
How Sendwave settles cross-border payments: Mobile money rails (M-Pesa, MTN MoMo, Airtel Money, Wave) and partner-bank deposits. This means Sendwave rarely uses SWIFT. Very rarely — Sendwave's entire model is mobile-wallet and local rails, designed to bypass SWIFT.
Tracking a Sendwave transfer: In-app reference number.
Sendwave pricing — Often $0 fee + a transparent FX margin of 1-2.5%.. Typical speed — Minutes for mobile wallet delivery.. Coverage — Send from US/UK/Canada/EU; receive in 12+ African countries plus Bangladesh, Indonesia, Pakistan, Philippines, Sri Lanka, Vietnam..
Why Ohmyfin matters for Sendwave users: Sendwave is the wrong tool to bring to Ohmyfin — it deliberately avoids SWIFT to keep costs at zero. If your Sendwave transfer is delayed, contact Sendwave support; Ohmyfin can't help (no UETR exists). Ohmyfin is an independent payment-status search service — we are not affiliated with Sendwave in any way, and we do not need access to your Sendwave account. Free for ordinary users worldwide.
Almost never. Sendwave's entire economic model relies on local mobile-money rails (M-Pesa, MTN MoMo, Wave Senegal, etc.) and partner-bank deposits to bypass SWIFT entirely. Cutting SWIFT out is how Sendwave keeps fees at $0.
Because Sendwave doesn't use SWIFT. The transfer settled on mobile-money or local-rail. Use the Sendwave app reference number — Ohmyfin can't track non-SWIFT transfers.
In the Sendwave app — Activity → tap the transfer. Status updates from "Sent" to "Delivered" usually within minutes for mobile wallets.
Common causes: recipient mobile wallet not registered, KYC issue on recipient side, network outage at destination mobile operator, fraud screening. Contact Sendwave in-app support.
Mostly. Many corridors have $0 fees and a small FX margin (1-2.5%). Compare the total all-in cost (fee + FX) to WorldRemit / Remitly for your specific corridor.
Some corridors yes (Nigeria, Kenya, Ghana, Bangladesh). Bank deposits may still go via local rails not SWIFT.
Same parent (Zepz) but different apps and pricing. Sendwave is cheaper for the corridors it covers; WorldRemit covers more corridors and supports more delivery types.
Send from US, UK, Canada, EU. Receive in Kenya, Ghana, Senegal, Tanzania, Uganda, Liberia, Sierra Leone, Ethiopia, Nigeria, Côte d'Ivoire, Mali, DRC, Bangladesh, Indonesia, Pakistan, Philippines, Sri Lanka, Vietnam.
Yes — licensed money transmitter in all jurisdictions it operates. Owned by Zepz Group, parent of WorldRemit.
No — Ohmyfin tracks SWIFT payments, and Sendwave doesn't use SWIFT. Contact Sendwave in-app support.
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