Remitly offers a range of options for your receiver, including home delivery in some countries. Remitly also has an “on-time promise”, which means the company will refund your money if it doesn’t arrive on time.
Why pick Remitly instead?
Express option for instant transfers
Can pay with card and not just a bank transfer
Don’t need verification to send money
Can send to a cash pick-up location or home delivery
Higher fees if you want instant transfers
Sending limits apply based on the amount of personal information you provide for security purposes. Tier 1 approval requires basic personal information (such as your full name and address) and can limit you to $999 CAD per day up to $18,000 per 180 days. Tier 3 approval requires more information (such as proof of how you’ll fund the transfer – i.e. a bank statement or paystub) and can allow you to send a maximum of $9,999 per day up to $60,000 per 180 days.
MoneyGram sends money to over 200 countries and is one of the major players in the money transfer industry. If Ria doesn’t support the currency you’re after, there’s a good chance MoneyGram will.
Why pick MoneyGram instead?
350,000 cash pick-up locations around the world
Transfers in minutes
Can pay by cash or in-person
High transfer fees
Low maximum online transfer limit of $990 CAD (however, you can send more from a MoneyGram location)
Adds a larger margin to the exchange rate when compared to others on this list
Still looking for other options?
If you’re still unsure, take a look at the table below. You can input how much you want to send in the calculator and you will be able to see the transfer details for some of the most popular money transfer companies.
The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.
Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.
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