Remitly Money Transfer Review

The amount you can send depends on the country you are sending https://xcritical.solutions/ money to. We consistently look for ways to keep transfer costs low, so that you send as much of your hard-earned money as possible. But the choice will depend on where you’re sending your money from.

Wise lets you see exactly what you’re paying for a transfer, and what the recipient will get, with no hidden fees. This includes receiving local account details for various currencies and having access to the Wise debit card. This reflects that many of Remilty’s customers are satisfied with the services they provide.¹ We’ll also compare it to Wise so you can decide if it’s the right option for your international transfers in 2025. Requiring only an email address and basic information, it enables unbanked individuals and immigrants to remit money back home without having to furnish multiple documents.

Remitly mobile app

With these options, you can send money to Africa, South Africa, the Philipines, China, and many more places. Nevertheless, it’s important to maintain a sense of personal accountability whenever you transfer money online, as Remitly cannot protect you against scams or fraud. Both platforms let you send money to more than 170 destinations, but you have to specifically check if your recipient’s exact country and payout method are supported. It all depends on where you’re sending money, whether it’s to India, Pakistan, or elsewhere. For better rates and last-minute delivery, the soon-to-launch Ogvio will be your friend. Still, with transfers available to 170+ countries and support of 100+ currencies, it’s hard to overlook Remitly when you’re searching for a cross-border remittance solution.

Our Platform

On top of that, Remitly works with thousands of payout options, spanning major as well as local banks, tailored to where you live. The company reinforces strong account and transaction protection through a bug bounty program (in 2024), 256-bit encryption, and Secure Sockets Layer. So, if you prefer the convenience of a built-in card, the soon-to-launch Ogvio will deploy a card to spend globally, save locally.

You can talk to us or search the Help Center for support in 18 languages.Download the Remitly app and send money today.Remitly has offices around the globe. With guaranteed delivery time and real-time transfer updates, you’ll know the exact date and time your money will arrive with your recipient. This is the rate they market online, but you’ll likely pay more for future transfers. The provider also uses a promotional exchange rate for first-time customers. When you send your transfer via Wise with the mid-market rate, your recipient will receive 425,044 INR.¹⁰

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• Remitly is accessible on the website and the mobile app.
• Yuliya Goldshteyn is a former banking editor at NerdWallet.
• In 2024, building on the company’s commitment to security, Remitly collaborated with HackerOne to launch a bug bounty program.
• But if you’re sending remittances to parents or pension recipients back home, Remitly makes that as easy with cash pickup or home delivery.
• This includes receiving local account details for various currencies and having access to the Wise debit card.

In most Remitly countries, the supported payment methods are card-based payments (debit, credit, or prepaid) and mobile wallets (Apple Pay and Google Pay). However, other documents for verification may be required in certain countries and for large transfers. According to the World Bank, there are 184 million migrants globally who often send money back home to support their loved ones5.

Which Money Transfer Service Should You Choose?

Bank deposits, cash pickups, mobile wallets, and home delivery in select countries. Users benefit from features like mobile wallet transfers, instant cash pickup, and multi-language support, making it an inclusive tool for global families. There are no hidden fees added at the receiving end, and even currency conversion rates are provided upfront. If you’re making your first money transfer with Remitly, the process is simple.

Introducing Remitly Passbook: A Digital US Bank Account

To kick things off, Remitly has a Rewards program for users who want to earn perks while sending money. In a smooth sequence, you can send money, select a recipient, choose a delivery method, and hit confirm. As for receiving countries, or where you can send money, Remitly stretches its coverage to 170+ countries and territories. For FX conversions, fees tend to remain flat, since you’ll be charged through exchange rate margin instead.

Some transfers take only a few minutes, while others may take several days. This means you pay fewer fees, and your recipient gets more money. But when it comes to promotional offers for new customers, BOSS Revolution appears to have a better offer with fee-free transfers for the first two transactions, each up to $5,000. Remitly, Western Union, and BOSS Revolution are good options for sending small amounts. Another factor that may increase Remitly transfer fees is the payment method.

Remitly’s Mobile App Review

If your recipient lives in the Philippines, Vietnam, or the Dominican Republic, you can choose home delivery as your payout option. The self-help platform already has answers to common questions Remitly users ask. Cash pickups will incur higher fees as they are charged 1.25% of the amount being sent. The timeframe for delivery is shown right after you enter the payment and recipient details. There may also be an Economy option with longer processing times but lower fees.

You can send money quickly from your computer or the Remitly app by completing the following steps. Remitly offers a wide range of delivery options that are dependent on your sending destination. Another big plus to Remitly is its delivery promise – if your transfer doesn’t arrive on time, your fees will be returned.

• Remitly offers a responsive website accessible from all mobile devices, alongside powerful and intuitive apps for both iOS and Android mobile devices.
• Create your account and connect with a world of communities.
• The transfer speed depends on where you are sending funds, but many Express transfers complete within minutes when using a debit card.

In February 2020, Remitly launched Passbook, a mobile banking service designed for immigrant communities. If I send money to Colombia where can they pick up the money? For cases where the money you transferred is lost – contact your money transfer provider to report the case and they will be able to assist/guide you on the next steps. If I send money to myself in Mexico, what address shoud I use?

This flexibility is ideal for xcritical reviews families and friends who may not have a bank account or internet access. Bank transfers are usually the cheapest payment method, especially when using the Economy option. Debit card payments usually offer a balance between speed and cost, while credit card payments may incur higher fees.

Is Remitly trusted?

To enable rapid money transfers, Remitly partners with banks, payment providers, and aggregators. With international money transfer services focused on the needs of immigrants and the global workforce, Remitly helps migrants support their families and communities worldwide. Remitly is one of the major companies operating in the global money transfer services market1. The Remitly app offers financial services that transcend borders, enabling family and friends to send money abroad easily. You may also pay an inflated exchange rate for transfers over a certain amount, so look out for these added charges.

Remitly Money Transfer Customer Reviews

Opening an account with Remitly is relatively easy to do, though it may take some time to do. If the transaction has already been completed, but you are not satisfied, Remitly will refund you their fees in full. If you cancel your transaction at any time before its completion, you will have all your money refunded in full. Remitly offers a 100% satisfaction guarantee, or you will get your money back. Remitly’s website is fully-secured and makes use of top-notch security protocols, including segregated user accounts and HTTPS. Serving over three million customers across the globe, Remitly is trusted and highly credible (8.9/10) and very well-rated by customers (9.3/10).