Why did Remitly cancel my transaction?

Remitly may have cancelled your transaction for a variety of reasons, including: You had insufficient funds in your bank account to pay for the transaction. Your account or transaction was flagged for suspicious activity. The name on your account didn't match your payment details. The recipient's bank refused the transaction. Contact Remitly support to find out the next steps needed to complete your transaction.

How does Remitly make money?

Remitly makes money in two ways: Fees: Remitly charges a fee to use its money transfer service. Mid-market markup: Remitly makes a small percentage on transfers by adding a margin to the mid-market rate.

What currencies can I send with Remitly?

Remitly transfers can be received in more than 100 countries, while users in over 15 countries can send transfers. You can check out the full list here , but the following are some of the most popular: EUR Euro INR Indian rupee CNY Chinese yuan EGP Egyptian pound KES Kenyan shilling BDT Bangladeshi taka PHP Philippine peso PLN Polish zloty

What do I need to sign up for Remitly?

Sending money with Remitly will require the following documentation and information: Contact information. Your full name and contact information are needed. If you're transferring money from your bank account, you'll also need your banking information. Proof of ID. A government-issued ID, such as a driver's licence or passport. Recipient information. Be prepared with your recipient's name and contact information. If you're transferring to a bank account, you'll also need their bank name, SWIFT code and account number. Payment method. A valid method of payment is necessary for all transfers. Online transfers can be paid for through a bank account, credit card or debit card. For in-person transfers, you can also pay with cash.

What is a transfer with Remitly like?

Signing up with Remitly was straightforward and took us less than five minutes total. I had all of my information on hand and ready to go before signing up, including a photo of the front and back of my driver's licence. Here are some key takeaways: Did I have to interact with customer service? No, everything was done through the website automatically. How long did it take? The entire process took less than five minutes. It helped that I already had photos of the front and back of my driver's licence saved on my computer. What was unexpected? The rates offered to new customers are different than the standard rates offered by Remitly, so chances are your first transfer will be cheaper than future transfers.

How can I track my Remitly transfer?

To track your Remitly transfer you'll need to log into your account or contact customer service by phone. Online: To track your Remitly transfer online, log in to your account and look for the Transfer history section on the page. This section will display the status of past and current transfers. By phone, email or chat: To track by phone, email or chat you'll provide the customer service representative with details of your transfer, including the amount sent, the destination and personal information about your account.

Is there a Remitly app?

Yes, Remitly has an app on both Google Play and the App Store. The app makes it possible to do the following: Log in using biometrics. Both face and fingerprint recognition can be used to log in. Check Remitly exchange rates on the go. Current currency exchange rates and fees can be found in the app. Share order details with your contacts. Sending key order information to your recipient can be done with just a few taps. Platform Rating Google Play Store 4.8 out of 5, based on 411,438 customer reviews Apple App Store 4.9 out of 762,441 customer reviews Reviews accurate as of 10 June 2022