Money Transfer — Comparison
24 services compared · Sorted by score · Pick any two to compare
Most compared Money Transfer
Low-margin, fast cross-border transfers focused on APAC corridors — especially I
People sending money to unbanked family members or friends who need quick cash p
Individuals who want to send small to medium amounts of money instantly to a fam
US-based immigrants and their families who regularly send moderate amounts to popular corridors like India, Mexico, and the Philippines and want a sim…
Small and medium businesses that need to send large amounts internationally, mon
Individuals in the European Union who need to send money quickly, easily, and af
Anyone who wants low-cost, transparent international money transfers with a real mid-market exchange rate and the ability to hold or receive multiple …
Individuals sending remittances to family or friends in emerging markets, especi
Individuals or businesses who regularly send large international transfers (typi
People and businesses moving significant amounts between Australia, Europe, and
Individuals who need to send reliable cash-pickup remittances, especially from t
European residents sending relatively small, regular remittances to emerging mar
African immigrants in the UK who regularly need to send fast, affordable remitta
Hong Kong and Asia-focused B2B companies that need multi-currency accounts and a
Individuals who regularly send smaller, time-sensitive remittances to family or
Individuals in Europe, especially Italy, who regularly send money to family or f
Expat workers and unbanked individuals in the Middle East and Africa who need a
Forex traders and online gamblers who use e-wallets frequently and can benefit f
Individuals and small businesses who need to send money quickly and affordably t
Africans and diaspora users who frequently send small to medium amounts of money
People who regularly send small amounts of money to family or friends in Africa
High-value cross-border payments, generally from $10,000 USD upward, where bette
Skrill is best for European users who regularly deposit into online gaming, bett
Individuals living in the EU/EEA who want a simple, free way to send money to fr
Frequently Asked Questions
How much does Remitly cost and are there any fees?
Remitly itself is free to sign up and use, but each transfer incurs a fee that varies by destination, delivery speed, and payment method. Express transfers (minutes) cost more than Economy transfers (3-5 days), and the exchange rate spread is typically built into the quoted rate.
How fast can I send money with Remitly?
Remitly offers Express transfers that are usually delivered within minutes, and Economy transfers that arrive in 3-5 business days. The exact delivery time depends on the recipient's bank or cash pickup location.
What are the transfer limits for Remitly?
Transfer limits vary by country, recipient, and your account history. New users often start with a lower monthly limit (e.g., $1,000–$2,000) that can be increased after verification and repeated successful transfers.
Which countries and corridors does Remitly support?
Remitly supports over 100 countries, with particularly strong corridors from the US to India, Mexico, and the Philippines. You can send to bank accounts, mobile wallets, cash pickup locations, and even home delivery in some regions.
Is Remitly safe and licensed to operate?
Yes, Remitly is a regulated money transmitter licensed in the US and in many other jurisdictions. It uses bank-grade encryption and has 5M+ active users, but you should still verify your own state's regulations and the recipient's ability to receive funds securely.
How does Remitly make money if the app is free to download?
Remitly makes money through transfer fees and the exchange rate spread applied to each transaction. The 'free' pricing refers to no subscription or membership cost, not zero-cost transfers.