Sites like Remitly

Need to send money overseas? Check out some alternatives to Remitly to see if you can get a better deal.

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Remitly aims to offer quick and cheap international money transfers, with a focus on remittances throughout Asia. It’s known for low minimums, cash pick-ups in destination countries and quicker express transfers, but isn’t always the cheapest and doesn’t always have the best rates.

Another reason to look for alternatives is that Remitly isn’t available in New Zealand, although the company has said it plans to expand its services to New Zealand soon.

Compare other sites like Remitly to see if there’s a better option available for your transfer.

MoneyGram logo Image: Supplied


MoneyGram has almost the same range of countries and currencies as Western Union but tends to be cheaper, and it has a wider scope than Remitly. Much like Remitly, it’s known for low minimums, cash options and fast transfers.

Why pick MoneyGram instead?

  • Offers a wider range of currencies and countries
  • Cash accepted at MoneyGram affiliates
  • Offers minimum transfers as low as $1


  • Higher fees
  • Bigger margins on exchange rates

TorFX logo Image: Supplied


TorFX is a digital money transfer service. It’s different to Remitly in that it only allows bank-to-bank transfers, has higher limits and no fees.

Why pick TorFX instead?

  • No transfer fees
  • Competitive rates
  • Price match competitors’ exchange rates
  • Forex tools such as forward contracts and limit orders


  • Bank-to-bank transfers only
  • Can take several days and has no express option
  • Higher minimums mean it doesn’t suit all smaller transfers

WorldFirst Image: Supplied


WorldFirst offers no fees and competitive rates and unlike some other digital money services, it can still do same-day transfers to some currencies.

Why pick WorldFirst instead?

  • No fees
  • Competitive rates
  • Potential for same-day transfers
  • Wide range of currencies and countries


  • Bank account transfers only
  • High $2,000 minimum transfer size

OFX logo Image: Supplied


OFX is a large and well-known transfer service, focused largely on business transfers. But you can also use it for personal money transfers to take advantage of its competitive rates. Its $250 minimum transfer size is larger than some, but still much more accessible than many other providers.

Why pick OFX instead?

  • No fees on transfers above $10,000
  • Competitive rates
  • Wide range of currencies and countries


  • Flat $15 fee on transfers under $10,000
  • Bank transfers only
  • $250 minimum transfer size

XE logo Image: Supplied


XE Money Transfers is focused on offering competitive rates across a wide range of currencies and countries, although there are some gaps in its offerings. Unlike Remitly, it doesn’t charge any fees.

Why pick XE Money Transfers instead?

  • No fees
  • Competitive rates
  • Limit orders and forward contracts


  • Bank transfers only
  • Missing some major currencies

TransferWise logo Image: Supplied


TransferWise is one of very few providers to offer money transfers at mid-market rates. Instead of benefiting from foreign exchange margins, its fees consist of a percentage of your transfer, plus a flat fee of a few dollars.

Why pick TransferWise instead?

  • Mid-market rates
  • Transparent fees
  • Low minimum transfer limit


  • Not always more cost-effective than paying a margin on exchange rates
  • Fees can get high for larger transfers, as it’s a percentage
  • Bank-to-bank transfers only

InstaReM logo Image: Supplied


InstaReM only offers zero-margin transfers for some currencies and during certain hours, the company doesn’t make it clear which currencies and hours this applies to. Also, it has a limited range of currencies and offers bank-to-bank transfers only – and it’s not available for New Zealand customers.

Why pick InstaReM instead?

  • Offers the mid-market exchange rate for some currencies during certain trading hours.
  • Competitive fees


  • $200 minimum
  • Limited range of currencies and countries
  • Not available in New Zealand

Western Union logo Image: Supplied

Western Union

Western Union is the world’s oldest and largest money transfer service. Like Remitly, it’s known for low minimums and cash pick-up options and is largely focused on handling remittances.

Why pick Western Union instead?

  • Offers a wider range of currencies
  • Delivers to a wider range of countries
  • Lets you make cash deposits as well as pick-ups
  • Offers minimum transfers as low as $1


  • Higher fees
  • Poor rates

Still looking for other options?

Enter your transfer details into the calculator below. It will work out how much your transfer may cost with a range of money transfer services.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
NZD 250 1 day NZD 0.00 0.659 USD
SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
NZD 0 1 day NZD 0.00 0.659 USD
Send money in more than 60 currencies. Fee-free international money transfers with a global brand. Go to site Show details
NZD 2,000 2 days NZD 0.00 0.659 USD
Exclusive offer: $0 transfer fee and discounted exchange rates for all Finder customers.
A higher exchange rate applies to non-finder customers. Send money in more than 60 currencies.
Go to site Show details
NZD 2,000 1 day NZD 0.00 0.659 USD
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply. Go to site Show details
NZD 1 Within an hour NZD 3.99 0.658 USD
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
AUD 250 1 - 2 days NZD 15.00 0.659 USD
A higher exchange rate applies to non-finder customers. Send money in 45 currencies. No fee if you transfer over AUD$10,000. Go to site Show details
NZD 1 1 - 2 days NZD 80.00 0.662 USD
Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details
NZD 5 1 - 2 days EUR 3.00 0.657 USD
Special offer: Zero fees on your first 10 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details
NZD 10,000 1 - 2 days NZD 0.00 0.657 USD
Go to site Show details

Compare up to 4 providers

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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