Remitly money transfers review September 2018 |

Remitly international money transfers review – September 2018

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Quick, affordable transfers to more than 10 countries in South and Central America and Asia.’s rating: 2.5 / 5.0


How’d we get our score?

Fees & rates: 3.0 / 5.0
Speed: 2.0 / 5.0
Services: 2.0 / 5.0
User experience: 3.0 / 5.0

With Remitly, transfers are limited to South and Central American countries, and a few in Asia, including Mexico, Colombia, Honduras, Ecuador, El Salvador, Nicaragua, Guatemala, Peru, India, the Philippines and China. But with its On-Time promise, you’ll get your money back if your recipient doesn’t receive the funds on time.

Product NameRemitly
Min. Transfer Amount$10
Max. Transfer Amount$20,000
Transfer Methods
Online, Cash Transfer,
Transfer Options
Transfer Speed
Minimum transfer time
3 - 5 days
Customer Service
Phone, Chat, Email
Available CurrenciesAUD, CAD, COP, DOP, GBP, GTQ, HNL, INR, MXN, NIO, PHP, SVC, USD, VND
Exchange Rate UpdatesDaily

Remitly is best for:

  • Small transfers. New users can send up to $999 daily.
  • Transfers to Mexico or other countries in South America or Asia.
  • Fast transfers. Send money in minutes with a debit card or credit card.

How much does Remitly cost?

Fees vary depending on where you’re sending money, how much you’re sending and how you’re paying. If you’re paying with a credit card, you’ll typically pay a 3% fee on your transaction, unless you’re sending from the UK, which has no additional cost. Debit card transactions come at no extra fee. In most cases, you’ll pay $3.99 for transactions of $1,000 or less. For transfers over $1,000, there’s usually no fee.

For example, if you’re sending money to Mexico, you’ll pay nothing for transactions of more than $500. Transactions of $150 to $499 typically cost $3.99, while transactions of $10 to $149 cost $4.99.

However, sending money to some countries can be more costly. For example, when sending money to Honduras or Peru, the price will increase by $10 for every $100 for transfers exceeding $2,000. These fees don’t apply to all countries, so be sure to confirm the fee you’ll pay before completing your transfer.

Exchange rates

Remitly updates its exchange rates daily to align with exchange rates on global markets, locking in the exchange rate you see at the beginning of your transaction.

For some countries, you’ll find weaker exchange rates than those of competitors.

Calculate your fees and exchange rates

I want to send


Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
$10 3 - 5 days USD 5.00 18.825 MXN 94,033 Go to site Show details

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Which countries can I send money to?

Remitly currently sends from the US, Canada, the UK and Australia to these countries:

  • Philippines
  • Dominican Republic
  • India
  • Mexico
  • Colombia
  • Ecuador
  • Guatemala
  • Honduras
  • Nicaragua
  • Peru
  • Vietnam
  • El Salvador

What types of transfers does Remitly support?

You can only make one-off transfers with Remitly. This provider supports international money transfers made from your laptop or mobile device. Money can be deposited to a bank account, delivered to a mobile wallet like Google wallet or made available for cash pickup.

You can pay for a transfer with your:

  • Debit or credit card. Funds are sometimes available in minutes, but can be subject to a 3% fee if using a credit card.
  • Bank account. Typical transfer speeds are three to five days, but these can also be subject to delays from bank holidays. Its express transfers — paid by debit card or credit card — can arrive in minutes. And you have the option to pay a higher transfer fee for express service.

How much can I send with Remitly?

Send money via bank-to-bank, cash pickup or mobile wallet transfer.

With Remitly, how much you can send depends on the tier you’re approved for. New users can send up to $999 daily, $2,999 weekly, $6,000 monthly and $18,000 every six months by default.

Residents of Arizona: If you live in Arizona, your state has its own rules for transactions of $1,000 or more. You’ll need to contact Remitly for details.

To graduate up through Remitly’s tiers to higher maximums, you simply need to provide more personal information and an ID:

  • Tier 1. Send up to $2,999 daily, $10,000 monthly, and $18,000 every six months.
  • Tier 2. Send up to $6,000 daily, $20,000 monthly, and $36,000 every six months.
  • Tier 3. Send up to $20,000 daily, $30,000 monthly, and $60,000 every six months.
  • Custom tier. You can speak with a representative to discuss custom sending limits, depending on your needs.

How do I send money through Remitly?

Send money quickly from your computer or mobile device with these steps:

  1. Log in or create an account. Register with an email address, your personal information, your date of birth and the last four digits of your Social Security number or your Individual Taxpayer Identification Number.
  2. Send money. Choose your recipient’s country and enter how much you’re sending.
  3. Enter recipient’s information. Provide your recipient’s name and contact information, including their mobile phone number. If you’re sending a bank deposit, also enter your recipient’s banking details.
  4. Choose your payment method. Pay with your bank account, credit card or debit card.
  5. Confirm your transaction.
  6. Click “Send Money” to complete your transfer.
  7. Check your mobile phone. Remitly will send text updates on your transaction to your phone.

What is Remitly?

Remitly is a money transfer service that allows you to send money internationally from your computer, mobile phone or laptop. Its on-time guarantee offers a refund if the funds aren’t delivered on time.

What do customers say?

Remitly is accredited with the Better Business Bureau and receives a B rating from the organization. And over at TrustPilot, 85% of the reviews fall into the “excellent” category.

Pros and cons of Remitly


  • It’s fast. Send money in minutes from your computer or mobile device.
  • Offers cash pickup. Send to more than 10,000 agent locations. While Remitly offers cash pickups, this option isn’t available in all countries it services.
  • Receive text updates. Track your transfer’s progress with updates to your phone.
  • Secure website. SSL with 256-bit encryption keeps your money safe.


  • Limited service. Remitly sends to 12 countries only.
  • Low maximum daily limits. Especially for lower tiers.
  • Higher fees for expedited service. Credit card transactions and transfers to certain countries can be expensive.
  • Requires government-issued ID. Higher-tier requirements could deter those without an ID.

Bottom line

Remitly is a quick, secure way to send money internationally. Cash pickup is available, or you can choose to pay an express transfer fee with a credit or debit card so your transfer is ready in minutes.

If you’re sending money to recipients outside of the 12 countries Remitly services, be sure to compare the fees, rates and transfer speeds of other money transfer specialists.

See how other services compare to Remitly

I want to send


Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
$0 3 - 5 days USD 0.00 0.844 EUR 4,219 Transfer up to $500,000 with no minimums and no fees. Go to site Show details
USD 1,000 1 day USD 0.00 0.843 EUR 4,217 Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for 100+ currencies.
Go to site Show details
USD 1 Within an hour USD 3.99 0.843 EUR 4,214 Use promo code FINDER to send your first transfer at no fee to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
$8 1 - 2 days USD 5.00 0.843 EUR 4,208 Exchange money on your terms. Go to site Show details
USD 1 3 - 5 days USD 50.00 0.851 EUR
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
GBP 5,000 1 - 2 days USD 0.00 0.844 EUR 4,221 Every day, we help businesses save up to 85% on foreign exchange. Our live marketplace cuts excessive bank fees and removes the need for opaque broker salesmen. Stay in control, join the revolution today! Go to site Show details

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Frequently asked questions about Remitly


Our team analyzes money transfer providers offering services in the US — from big names to digital upstarts. We rank rates and fees, speed, services and user experience for:

  • TransferWise
  • World First
  • XE
  • OFX
  • WorldRemit
  • Currencies Direct
  • Western Union
  • RIA Money Transfer
  • MoneyGram
  • Remitly
  • Payoneer
  • Remit2India
  • Xoom
  • PayPal

Learn the details of our methodology and scoring.

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Kelly Waggoner

Kelly Waggoner is a senior editor with She's worked with publishers, magazines and nonprofits throughout New York City, including ghostwriting a how-to on copyediting for the Dummies series. Between projects, she toys with words, flips through style guides and fantasizes about the serial comma's world domination.

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