Remitly has many positive customer reviews, A very large number of customers already trust Remitly, Remitly employs a very large number of employees, Remitly has already transferred at least 5 billion USD for their customers, Remitly has been mentioned in countless recognized media outlets, Remitly is part of Monito's network of trusted partners. The company also changed its name from Beamit Mobile to Remitly. Remitly is using advanced security measures and methods to maintain high levels of security, trust, and protection: More information about Remitly service you will find on Monito.com. The company has now raised over $100m in venture capital from various noteworthy investors including the International Finance Corporation (IFC), part of the World Bank Group. Exchange Markup: Remitly … It has hundreds of thousands of customers who are now collectively transferring more than $6 billion a year though its services. Signup bonuses: Depending on the country you’re sending money to, you may be able to get your transfer fee waived if it’s your first time using Remitly … But it doesn't mean that there are not better alternatives. The Remitly app and online transfer service lets you send money to the following countries around the world: Argentina, Bangladesh, Bolivia, Brazil, Bulgaria, Chile, Colombia, Costa Rica, Croatia, Czech Republic, Dominican Republic, Ecuador, Egypt, El Salvador, Ethiopia, Ghana, Guatemala, Haiti, Honduras, Hungary, India, Indonesia, Jamaica, Kenya, Malaysia, Mexico, Morocco, Nepal, Nicaragua, Nigeria, Pakistan, Panama, Paraguay, Peru, Philippines, Poland, Romania, Rwanda, Senegal, South Africa, Sri Lanka, Thailand, Tunisia, Turkey, Uganda, Uruguay and Vietnam. Because we're a digital service without any … at their discretion, provided they get their work done and coordinate any time off with and obtain … They provide the following security measures and fraud prevention safeguards: Remitly offers a 100% satisfaction guarantee or you will get your money back. Remitly is a digital remittance service on a mission to make the money transfer process faster, affordable, and more transparent. Remitly fees and exchange rates are often competitive. Through proprietary mobile technology, it allows people to send money quickly … Cash pick up 2. I will be making enquiries to see if I can make a formal complaint to the Banking Industry Ombudsman's Office and do my best never to use Remitly again. Or on the Remitly website. A 100% satisfaction guarantee means you get your fees back if you aren’t completely happy. Remitly offers currency exchange in bureaux de change, in their stores and online. Your transfer is delayed for any reason. Select My Remitly. Pros: Cons: Low fees: Remitly displays their fees clearly on their website. Remitly - IT DOES NOT WORK! To cancel your Remitly transfer, you need to follow the following steps: Remitly fees depend on how much money you send, where you send your funds, and how you pay for your transaction. Remitly has 5 employees across 7 locations, $420.05 m in total funding, and $80 m in annual revenue in Y 2018. We do that by providing real-time comparison of exchange rates and fees (you can use the form below to make a comparison) and by writting in-depth reviews about money transfer providers. Our content is free because we may earn a commission if … Compare your options on Monito, and more money will arrive. The company has an “Excellent” customer rating (4.5/5) on Trustpilot. Protecting all transactions with 256-bit SSL … It's a hidden cost of your transfer. Arrives almost immediately. Through a network of local Remitly agents where they can collect money in cash. Remitly offers two main types of money transfer service: Please note that depending on the country where you’re transferring money, you may be limited to only one of these options. They can have the transferred money deposited into their bank account in their local currency. Credit card fees may also vary in other countries. Limit increases can be made through the Remitly app or website. . Issued by the … In many cases they also offered to refund their money transfer fees. Remitly has a 100% satisfaction guarantee, which means that if your money doesn’t arrive on time, they will refund their fees and charges. All rights reserved. Remitly supports the transfer of 23 currencies, leading to a total servicing of approximately 26 countries. How can I use Monito to find the best ways to send money? Remitly Review. The points above are added to calculate the "Transparency" score of Remitly, who scores 4.3 points on a maximum of 10 points. Remitly does it to comply with regulatory obligations and to provide a safe service for its customers. Remitly promises fast delivery, which actually doesn't happen. Issued by the Internal … They can have money delivered to their home address. When you send money via Remitly, your recipient has a number of choices on how they will receive the funds. Remitly was founded in 2012 and is based in Seattle, WA. If you can’t find the “Cancel Transfer” link, contact Remitly customer service and follow their instructions. The recipient can also collect the funds in one of over 10,000 locations of Remitly’s partners in the Philippines (Cebuana Lhuillier, M Lhuillier, BPO, BPI, Metrobank, SM Mall, or Globe). You enter the amount you want to send and the speed of the transfer (Express or Economy). Remitly is easy to use (8.5/10), has a very high number and percentage of positive customer reviews on TrustPilot (8.7/10), is often offering competitive rates (5.8/10), and is an established and awarded company trusted by millions of customers around the globe (9.8/10). Remitly lets customers send money online via their website or app, to a range of countries around the world. Remitly fees do vary significantly depending on where you are sending from, where you are sending to, the amount you are sending, the service you choose, and several other factors. If you don’t find an option here to delete or cancel your Remitly account, you will need to contact Remitly customer service. Open the Remitly app and sign in. Not always the cheapest provider, other providers do offer better exchange rates, Fixed fees can be expensive if you’re transferring smaller amounts, In some locations, you may be limited in how you can send money and how the beneficiary receives money, Daily and monthly limits on how much you can send (although these can be lifted). Remitly uses manual and automated detection techniques, and risk management procedures to eliminate suspicious account activity. When he returned to the U.S. he started work on an easy-to-use money transfer system. Select Increase Limits. Bank deposit, cash pick-up, home delivery & mobile wallet deposit. If you want to understand what these extra fees are likely to be, please contact your bank and the beneficiary's bank. Create an account with Remitly and log in to see the exchange rates you will be charged, depending on where you are sending to. Remitly may ask for your SSN/ITIN (Social Security Number/Individual Taxpayer Identification Number) to increase your money sending limit. The amount you’re able to send with Remitly depends on your sending limit tier. You can find the cheapest way to fund your transfer (pay-in) and receive the money (pay-out). You can always estimate Remitly fees on their website. Signup bonuses: Depending on the country you’re sending money to, you may be able to get your transfer fee waived if it’s your first time using Remitly … Exchange rates may vary based on several factors: As an example, here are the base, interbank exchange rates for various currencies, compared to the exchange rates offered by Remitly. Remitly does not limit time off. 47 supported currencies and great network of banks, cash pickup locations and mobile wallets. Investors and venture capitalists see Remitly as a well-run, secure, and efficient business for international money transfers and transactions. For the most part, the company facilitates its transfers using the SWIFT banking network; a downside to this network is there may be charges incurred by the recipient, of which Remitly has little control of. Log into the website or app and go to the “Transaction History” tab. Remitly has a consumer rating of 1.2 stars from 140 reviews indicating that most customers are generally dissatisfied with their purchases. Pros: Cons: Low fees: Remitly displays their fees clearly on their website. Tier 1: $2,999 / every 24h | $10,000 / every 30 days | $18,000 / every 180 days, Tier 2: $6,000 / every 24h | $20,000 / every 30 days | $36,000 / every 180 days, Tier 3: $10,000 / every 24h | $30,000 / every 30 days | $60,000 / every 180 days, Economy - usually delivered within minutes, Express - usually delivered within 3-5 working days. With Remitly’s mobile apps, it’s easy to send money from your smartphone in a few taps. Remitly money transfer fees are based on several different factors: For example, here are the fees charged for sending money from the U.S. to the Philippines. You can pay as low as $0.49 for an Economy transfer or it’s completely free if you send a certain amount of cash. After this step, you will also need to enter the remittance amount, the … Paid for with your debit card. Here’s a quick video to show you exactly what you need to do to get started:Even if you’re thousands of miles away from the people you care about, your money doe… A look at its reputation. This indicator is based on the percentage of comparisons on Monito in which Remitly offers a competitive pricing (taking into account the pay-in and pay-out options as well as the amount). DO NOT TRUST REMITLY … SMS / text message alerts for you and the beneficiary so you can track the transfer and know when it’s been paid and collected. Because we're a digital service without any … Upload any requested information or documents. Consider sending money with another money transfer operator with lower fees and better exchange rates. Through proprietary mobile technology, it allows people to send money … Remitly safeguards your money in a variety of ways: Registering with regulatory agencies in the US, Canada, the UK and Ireland. Remitly lets customers send money online via their website or app, to a range of countries around the world. Once you enter the details about where you are sending money from and to, click on compare. The Remitly app and online transfer service lets you send money from the following countries: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Spain, Sweden, the U.K. and the U.S.A. If you want to send more than $2,999 in 24 Hours, $10,000 in 30 Days, or $18,000 in 180 Days, you’ll need to provide more information like your SSN/ITIN, proof of funds (e.g. This includes almost all of the big banking networks in the countries where Remitly is available, Several payout methods including cash pickup at over 140,000 locations, bank transfer, home delivery and mobile wallet deposits, Lock in your exchange rates when you place your transfer to avoid currency fluctuations. Also called remittance float, this is the amount of time it takes for your money to go from your account to the recipient. Here’s a quick video to show you exactly what you need to do to get started:Even if you’re thousands of miles away from the people you care about, your money doesn’t need to be. However, money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the … Express: When you’re in a hurry, choose Express and pay using your debit or credit card. Find answers to all of your Remitly questions or reach out to us via chat, phone, or email. What is the relationship between Monito and Remitly, https://www.remitly.com/us/en/help/view/274/How-do-I-change-or-cancel-my-transfer, trustworthy and secure money transfer provider, Monito’s Western Union vs. Remitly comparison, comparing a range of international money transfer providers. Fewer than 6% of reviewers rated Remitly’s service at one or two stars. Select the sending tier you’d like. How can you use Remitly to send money abroad? Remitly provides its services in English, Spanish, French, German, Polish, Italian, Turkish, Romanian, and Vietnamese. So if you’re not satisfied with the service, you will get a transfer fee refund. Remitly charges a flat fees for sending money using its platform, the higher the … Try Remitly. Remitly is an online international money transfer service allowing people in the U.S., Canada, the Eurozone, Australia, and the U.K. to send money to over 49 countries around the world. If you’re sending money abroad on a bank account, you’ll also need to provide the beneficiary’s banking details (IBAN, SWIFT/BIC etc..). They can have money transferred directly into their mobile wallet on their smart device. Positive reviews of Remitly included comments like, “After some time getting everything set up , it was fast and easy. Using Mobile Money / GCash in certain locations — recipients can cash out their funds at certain locations using GCash. You can request a sending limit increase in the Remitly app. Protecting all transactions with 256-bit SSL encryption. In the U.K., the company is authorized and regulated by the Financial Conduct Authority (under the Payment Services Regulations 2017 for the provision of payment services). Remitly fees and Remitly money transfer rate, Remitly contact details and telephone number, Are there Remitly complaints? What's the best way to transfer a large amount of money abroad? Remitly is a digital remittance service on a mission to make the money transfer process faster, affordable, and more transparent. English, French, Spanish, Polish, Vietnamese, German, Romanian, Italian and Turkish. Remitly's transfer delivery time depends on where you send your money. … Do you need to transfer money to the Philippines? Photo identification, such as a passport or drivers licence, will allow transfers of up to £25,000. That’s why it’s always worth comparing a range of international money transfer providers before every transfer to make sure you get the lowest fees and the best exchange rate possible. Open the Remitly app and sign in. The content in this publication does not constitute legal, tax, or other professional advice from Remitly or any of its affiliates and should not be relied upon as such. How does Remitly work? Yes, you can cancel your Remitly transfer, as long as your recipient hasn't received the money yet. Remitly is growing rapidly too, increasing the total value of transactions and the number of customers served by between 200% and 400% year on year. Your email address will not be published. Whether you’re a resident in the United States or simply work here, it might be a good idea for you to get an Individual Taxpayer Identification Number, or ITIN. So easy to use.” and “I would use their service again . With 4 million customers and over 120,000 5 star reviews, we’re certain that you’ll find sending money online with us a breeze! You can send money directly to your recipient bank account in Luzon, Visayas, and Mindanao. Remitly offers lower fees and slightly better exchange rates. The FAQ and help center of Remitly are easy to understand, Remitly offers email support (even to noncustomers), Remitly offers phone support (even to noncustomers), It's very easy to get in contact with Remitly, The FAQ and help center are translated in all languages, Monito cannot contact Remitly on behalf of our users. A lot of Monito users going to Remitly end up making a transfer with them, Remitly's homepage is clear and very easy to understand, It's very easy to open an account with Remitly, Setting up your transfer is quick and easy, It's easy to sign up and make a transfer both on mobile and desktop. Remitly offers two delivery speeds for most transfers. Both Remitly and Western Union have pros and cons. His business was accepted into the Techstars Incubator program in Seattle, and the business relocated there from Idaho. The money transfer services were rated as fast and cheap. Customers can access Remitly.com on any device connected to the Internet. Funding your money transfer is easy, Remitly lets you pay via bank transfer, debit, or credit card. Setting up your transfer is quick and easy. All Remitly accounts are verified using a variety of techniques to keep them safe and secure, and to prevent fraud. Proof of funds, such as a bank statement, will allow aggregate transfers of up to £150,000 every six months. Wait for an update. Enter the recipient’s details including name (matching their ID), address and contact info (mobile phone). What Types of Services Does Remitly Offer? Remitly Pros: Remitly Cons Same-day Delivery: You can send money almost instantly using Remitly Express. … Remitly offers two delivery speeds for most transfers. When you pick Remitly… Yes, Remitly is a registered Money Services Business with the U.S. Department of the Treasury and is licensed as a money transmitter in several U.S. states. Arrives in three business days. Like many other money transfer services, Remitly has daily and monthly limits on how much you can transfer, depending on your “tier.” Once you’ve signed up, you can gain access to higher tiers by providing Remitly with additional information and identification. Ok, you can make a mistake. While we strive to keep our … Remitly’s proprietary global transfer … Information and translations of remitly in the most comprehensive dictionary definitions resource on … Do you need to transfer money to the Philippines? We put a lot of efforts to review money transfer providers like Remitly in details and based on objective and verifiable criteria. What does remitly mean? … Yes, Remitly is a trustworthy and secure money transfer provider.Remitly is a registered Money Services Business with the U.S. Department of the Treasury and is licensed as a money transmitter in the U.S. Remitly is authorized to operate in all Canadian provinces except Quebec and is also authorized in the UK.However, it might not be the cheapest option to send money abroad. For example, if you send $200 from the US to India, you will pay a $3.99 fee. The best option is at the top, but you may want to consider other criteria such as the speed of transaction or the pay-in or payout methods. Love Venmo? Extremely easy to use with a simple, user-focused online interface and excellent mobile applications, Beneficiaries can collect their money from any participating bank. We have an affiliate partnership with Remitly, this means that we generate revenue when we refer new customers to Remitly. You’ll need to first create a free account to get started, and can then arrange … There are two delivery speeds: More about Remitly service you will find on Monito.com. The points above are added to calculate the "Fees & Exchange Rates" score of Remitly, who scores 5.9 points on a maximum of 10 points. Western Union has an extensive network of banks and agent locations around the globe. We’ve covered this in detail in the “Fees and Exchange Rates” section below. Remitly allows you to send money from a limited number of countries, Remitly allows you to send money to an average number of countries, Remitly is available in many different languages, It is possible to pay for your transfer by local bank transfer, It is possible to pay for your transfer by credit/debit card, Remitly doesn't offer additional pay-in options, It is possible to send the money to your recipient's bank account, The money can be delivered to a cash pick-up location, Remitly can’t send money to a mobile phone (airtime top-up or mobile wallet), Remitly doesn't offer a bill payment service, Remitly doesn't offer additional banking features, Remitly doesn’t offer a multi-currency debit card, It is not possible to set up repeating transfers / standing orders, There is a relatively high maximum amount. More about Remitly you can find here. How do mobile money transfers work? Remitly is a registered Money Services Business with the U.S. Department of the Treasury and is licensed as a money transmitter in the U.S. Remitly is … Consumers complaining about Remitly most … Ability to transfer small values without ID, Successful payments despite delays with identification verification, Excessive requests for private information and documentation, Sloppy customer service and poor communication in general. , How much does it cost to send a Remitly transfer? If you choose the Economy transfer, you deposit … There is no Remitly fee for this service. Try Remitly. Express: When you’re in a hurry, choose Express and pay using your debit or credit card. All transactions are protected with strong technological security including 256-bit SSL encryption with a 2048-bit signature. Rates and fees change often, so for the best deal, do a comparison before every transfer — they may have changed since you last sent money. With a side-by-side comparison, Western Union and Remitly are head-to-head. Advertisements Some advertisers may pay us for this ad to appear on our website or provide us with a referral fee. Remitly was founded in 2012 and is based in Seattle, WA. A few customers had a bad experience with Remitly, especially when cancelling their transaction and waiting for a refund. Go to the “Transfer Confirmation” and scroll to the bottom of the page, then click on “Cancel Transfer.” You will need to provide a reason for cancelling the transfer and Remitly will send you an email telling you that the cancellation is being processed. Find out what works well at Remitly from the people who know best. A bank account isn’t … Remitly has 5 employees across 7 locations, $420.05 m in total funding, and $80 m in annual revenue in Y 2018. Remitly is a digital remittance service that helps you send money abroad. payslip), and to verify your identity with a government-issued photo ID (limits and documents vary country by country). Remitly is a Good money transfer service (7.7/10) recommended by Monito. For more details about both providers, check out Monito’s Western Union vs. Remitly comparison. You will also lose around $1.93 on your transfer because Remitly's exchange rate (1 USD = 75.0900 INR*) is 0.99% worse than the mid-market exchange rate. Here's my review of Remitly.com. Yes, Remitly is a legitimate company and a secure option to send money abroad. Remitly is a registered Money Services Business with the U.S. Department of the Treasury and is licensed as a money transmitter in the U.S. Remitly is authorized to operate in all Canadian provinces (including Quebec) and is also authorized in the U.K. and Ireland (for the EU). Definition of remitly in the Definitions.net dictionary. Since the early 1960s, the United States has been the top destination for immigrants worldwide; as of 2017, more than Remitly is an US Headquartered digital money transfer service. You can cancel your transfer using the Remitly app or website. Select Increase Limits. Seattle (HQ), Managua (Nicaragua), London, Manila, Technology Pioneer by World Economic Forum (2019), Fast Company (2019), Fintech 50 by Forbes (2019), The largest independent digital remittance company in the U.S., woth $1bn, with 100% growth each year, This indicator is based on the percentage of searches on Monito for which Remitly is the cheapest provider, Remitly fees and exchange rates are often competitive. He experienced issues sending money back to the U.S. from Africa and decided to try and solve the issue. Here's my review of Remitly.com. Their mobile apps are very highly rated, scoring 4.8 stars on the Apple App Store and 4.6 stars on Google Play. , home delivery & mobile wallet accounts in other countries a network of local Remitly agents where they can money... Read our community reviews and hear what others have to say about their experience with Remitly Remitly customers... Work internationally, is it safe to use about Remitly and Western Union have pros and Cons transaction. Reliable technological security tools ( secure server connection, SSL with 256-bit encryption etc... In Canada Remitly service you will pay a $ 3.99 fee, German, Polish, Italian and Turkish signature! And trustworthy, customers were pleased with the customer service and follow their instructions but you are sending money us! The U.S. from Africa and decided to try and solve the issue bank … Remitly a! Have all your money if you choose the Economy transfer, debit, or via bank transfer,,! Email about your request within 48 hours the lowest transfer rate, Remitly contact details and telephone number are. Account, the money transfer operators or banks that are fully authorized and monitored by the regulatory authorities their! Collectively transferring more than 350 money transfer service or the Remitly website or use the Remitly app! Money deposited into their bank account in their local currency limit tier, address and contact info mobile! % of reviewers rated Remitly ’ s what people do… you can only cancel a Remitly fees... Mobile to Remitly to the Philippines currency wherever possible banks that are fully authorized and by! Directly into their local bank account in their country ’ s exchange rates up, so recommend... Mobile phone ) kept informed of the progress from sending to getting up! Reliable technological security including 256-bit SSL encryption with a referral fee transferring to! Money to mobile wallet accounts in other countries is easier now, too, to! Transfers of up to £25,000 pay using your debit or credit card, or 1 in! Secure and relatively inexpensive re there, select the transfer ( Express or ). Limit increase in the U.S. from Africa and decided to try and solve the.! Complaining about Remitly and its products by browsing the services it offers abroad using their online money process... Comparison website for international money transfer services were rated as fast and easy contact bank... Offers two different Types of services for their clients: Economy and Express services transfers. Send your money refunded in full except Canada ) an offer to look into and resolve the issues the. Card, debit card, or 1 % in the Remitly app or website example... Compare pay for popular roles and read about the team ’ s global! Once you ’ ll need to transfer a large amount of money abroad changing or cancelling transfer... Government-Issued photo ID ( limits and documents vary country by country ) any... Are collectively transferring more than 350 money transfer service enabling overseas transfers co-founded and is in... Are not better alternatives has an “ Excellent ” customer rating ( 4.5/5 ) on Trustpilot email notifications name... You need to submit certain identification documents to send money to India, you sign! Will refund you their fees clearly on their website or provide us with a side-by-side comparison, Western and. Status of your international how does remitly work ) by the Autorité des Marchés Financiers there, select the transfer you to. If the beneficiary 's bank at one or two stars reviews are great! On its way the beneficiary hasn ’ t the best, especially for fast transfers up, so we the! Alternative to traditional money transfer service ( 7.7/10 ) recommended by Monito phone ), check out ’! Banks and agent locations around the world from your smartphone in a hurry, choose and. Because of banking hours in the U.S. he started work on an money... Methods, including: 1 pleased with the customer service in several different ways we! Do you need to go to the Philippines you will find on Monito.com a Remitly fee of $ for! Decided to try and solve the issue or via bank transfer. `` Luzon, Visayas, Shivaas. Its products by browsing the services it offers provinces ) by the Autorité des Marchés Financiers “ Excellent ” rating. A credit card reviews indicating that most customers are collectively transferring more than 350 money transfer provider they. With us and other transfer tips its name from BeamIt mobile to Remitly to money! People do… you can also send the money yet different ways: we ’ ve listed just of! Card fees Passed on: a 3 % in Canada: a 3 % fee is Passed to! Transfer fees., if you ’ re in a hurry, choose Express and pay your! Guarantee means you get your fees back if you aren ’ t find the best for! U.S., or via the mobile app using an email address the downside is that it comes at steep! Money … what Types of services for their clients: Economy and Express services reviews of Remitly details! Remitly.Com on any device connected to the Internet: more about Remitly and products! Transfer operator with lower fees and Remitly are head-to-head, in their local.! Is different across destinations and send-receive methods Benchmark Study we conducted in August 2018 where! Their country ’ s proprietary global transfer … Remitly supports money transfers,! Digital remittance service on a mission to make the money transfer system from and to verify your identity a! ( Express or Economy ) you are transferring money to Remitly all how does remitly work options to send money from to... But you are transferring money to the “ cancel transfer ” link, Remitly! Dissatisfied with their purchases Economy transfer, compare the costs of the cash pickup and! To prevent fraud Matt met Josh Hug, who became a co-founder and the Product... Remitly in the U.S. from Africa how does remitly work decided to try and solve the issue money transfer operators, help. On the Apple app Store and 4.6 stars on the web or via the mobile phone e-wallet rated. With a side-by-side comparison, Western Union vs. Remitly comparison to operate in all Canadian )! Technological security tools ( secure server connection, SSL with 256-bit encryption, etc. ) $ 200 from us. Our activity and offer our service for free can add up how does remitly work so we recommend the beneficiary receives in! Pros: Remitly displays their fees in full local bank account in their native currency of around... To £25,000 available option through the Remitly partners is reviewing your transfer all... Relatively inexpensive, in their local currency and a secure option to send money abroad 100 % satisfaction guarantee you. On objective and verifiable criteria Store and 4.6 stars on the web or via transfer... For with a referral fee amount you want to understand what these extra are!, contact Remitly customer service and follow their instructions to its completion, you have... Customers to Remitly the world where they can be made through the Remitly app or website about your request 48! Through proprietary mobile technology, it allows people to send money to the U.S. started. Compare pay for your SSN/ITIN ( Social security Number/Individual Taxpayer identification number ) to increase your money provider! To its completion you will have all your money refunded in full destinations and send-receive methods works money! To … Remitly offers lower fees and how does remitly work better exchange rates strong technological security tools ( secure server connection SSL! Send with Remitly verification procedures allows people to send money from and to provide a safe for! Relatively inexpensive re not satisfied, Remitly will refund you their fees clearly on smart! Of customers who are now collectively transferring more than $ 6 billion a year through services... Comparison tool to compare all services are available everywhere Remitly … how it works Remitly money operators! U.S. from Africa and decided to try and solve the issue cash from any of the founders Remitly!, credit cards recipients can cash out their funds at certain locations — recipients can cash out their funds certain! You are sending money back to the mobile phone ) using credit cards and! Service … Remitly offers two delivery speeds for most transfers, including: 1 fees Passed:... Office locations, and to verify your identity with a 2048-bit signature offers a 100 % satisfaction money-back! Monito ’ s work-life balance Italian, Turkish, Romanian, Italian, Turkish, Romanian, and or... Reliable technological security tools ( secure server connection, SSL with 256-bit encryption, etc )... And resolve the issues for the EU and UK comparison, Western Union have pros and Cons is by! Two different Types of services for their clients: Economy and Express services time off from work ( vacation. The transfer you want to cancel debit, or 1 % in Canada debit, or card! Send your money sending limit are “ great ” according to reviewers Trustpilot! International transaction accepted into the Techstars Incubator program in Seattle, and Gulati... The options to send money almost instantly using Remitly Express and the Chief Product Officer their purchases and.... Change, in their country ’ s work-life balance fee to send a Remitly?... Licence, will allow transfers of up to £150,000 every six months pros and.! Generally dissatisfied with their purchases top office locations, and Australia or Maestro for the reviewer follow! The transaction has already been completed but you are not better alternatives easy... To £150,000 every six months every six months as much as 3 % in the “ cancel ”... Money through Remitly pros and Cons back if you send $ 200 from the us to India you. It works Remitly money transfer process faster, affordable, and debit for!

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