

A Registered Money Services Business with the US Department of the Treasury and licensed as a money transmitter in the US, Remitly is also authorized to operate in all Canadian provinces (including Quebec) and is duly regulated in the UK and Ireland (for the EU.) Is Remitly Safe To Send Money? Remitly is a trustworthy and secure money transfer provider. Moving over $5 billion across the globe for more than 3 million customers annually, Remitly is a well-established money transfer provider that has been in the field for 10 years. As with all Monito reviews, our Remitly score was peer-reviewed by at least one Monito expert. Finally, we ran a background check on Remitly, looking at how they were regulated and by which authority, and considering their security practices along with whether they had any publicly known legal, privacy, fraud, or technical issues. In order to determine whether or not their fees were transparent, we checked 13 typical customer transactions for the provider, such as a £1500 transfer from the UK to India. In order to analyze Remitly’s fees and exchange rates, we screened more than one million comparisons on Monito’s engine from the past three months to check how often Remitly was the cheapest and how often they were offering competitive rates. The scoring process began with setting up a Remitly account and included thorough testing of its services both on desktop and on its mobile app. You can also pay cash for in-person transfers at one of Remitly’s centers.In order to review Remitly, we applied Monito’s rigorous methodology to score Remitly along with 20+ of its most popular competitors, including Wise (formerly TransferWise), Azimo, and WorldRemit, to see how it fared. You can choose to pay via bank account, credit card, or debit card. Finally, you need to have a valid payment method selected on the platform.If you are sending money to a bank account, you will need to input the bank name, SWIFT code, and the recipient’s account number. Of course, you will also need the recipient’s name and contact information.Usually, they will require your passport or driver’s license. A valid, government-issued personal ID.If you are using your bank account as a payment method, you will also need to provide bank account and routing details as well.
#Remitly exchange rates full#
You will need to enter your full name and contact information.Here is a list of what you need to send money with Remitly. After all, safety at Remitly comes first, so the platform spares no effort when it comes to security. However, you need some specific information and documentation in order to initiate a money transfer. Making a money transfer through Remitly is a simple and straightforward process.

What Is Needed to Send Money with Remitly?

If you need to set up a Remitly money transfer to Mexico click here. Mexico is another common location to set up a money transfer with Remitly. If you need to set up a Remitly money transfer to the Philippines visit this link. Sending money to the Philippines with Remitly is very common. You can send money abroad to the following destination countries: 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.

With Remitly, you can send money abroad from Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Spain, Sweden, the UK, and the USA. Below, we will outline the full lists of countries supported by this Remitly’s money transfer platform. Remitly allows you to send money internationally from and to a significant number of countries.
