Remitly

remitly.com
Financial Management
Few Days

Send or Transfer Money Online with Remitly

How to Replace Remitly

Overview

Remitly is an international money transfer service that allows users to send money online across 100+ currencies to over 170 countries and territories worldwide. The platform offers multiple delivery options including bank account deposits, mobile wallet transfers, and cash pickups with competitive exchange rates and low fees. Remitly provides fast, secure, and transparent money transfers with on-time delivery guarantees and no hidden fees.

Features

20 features across 15 categories

Compliance(3)

Identity Verification

Verify customer identity to determine sending limits and eligibility

No Remittance Tax

Transfers are not subject to U.S. remittance tax as they are digital money transfers

Per-Transfer Sending Limits

Set maximum amounts per transfer based on sending country and identity verification

Also in: Insider CDP, Airtable, 1Password

Content(1)

Blog Content

Informational blog content covering remittance taxes, exchange rates, immigration topics, and citizenship

Also in: Squarespace, Hunter, Notion

Core Transfer(1)

International Money Transfer

Transfer money to 100+ currencies across 170+ countries and territories

Also in: Wise

Delivery Options(1)

Multiple Delivery Methods

Choose delivery method including bank account, mobile wallet, cash pickup, home delivery, or debit card deposit depending on recipient location

Also in: Shippo

Information(1)

Currency Exchange Rate Information

Display current exchange rates for popular currency pairs before sending

Monitoring(1)

Transfer Tracking

Track all money transfers in real-time through website and app with transfer history

Notifications(1)

Transfer Notifications

Receive notifications via email, SMS, or push notifications about transfer progress with reference numbers

Also in: Jira Service Management, Juro, Smartsheet

Payment(1)

Multiple Payment Methods

Accept debit card and credit card as payment methods for transfers

Also in: Square Payroll, IdoSell, Calendly

Platform(2)

Mobile App

Smartphone application available on App Store and Google Play Store for sending money

Web Platform

Web-based interface accessible via browser on tablet, laptop, or computer

Pricing(3)

Competitive Exchange Rates

Provide competitive USD exchange rates and currency conversion rates

Low Fees

Offer low fees for money transfers across various corridors

Transparent Pricing

Display total cost and delivery time before sending a transfer with no hidden fees

Promotions(1)

First-Time Customer Offer

Special promotional offer available for new customers on their first transfer

Reliability(1)

On-Time Delivery Guarantee

Promise that every money transfer is delivered on time, or fees will be refunded

Security(1)

Multi-Level Security

Multiple levels of security designed to keep transfers protected, including encryption and fraud monitoring

Support(1)

Customer Support

Provide support through Help Center, phone, and chat services

User Experience(1)

No Recipient Account Required

Recipients do not need to sign up with Remitly to receive money

Cost Calculator

Pricing data not available for Remitly. Check their website for current pricing.

Build vs Buy

Should you build a Remitly alternative or buy the subscription? Estimate based on 20 features.

Buy Remitly

Better Value
Monthly costContact Sales
3-year totalVaries
Time to deployDays

Build Your Own

Development cost$12,000
Maintenance$180/mo
3-year total$18,480
Dev time~1 months

Buying Remitly saves ~$18,480 over 3 years vs building.

Estimates based on 20 features and a BuildScore of 4/5. Actual costs vary.