Remitly review

Remitly is built for sending money home rather than for travel spending, and it does that job with a clear promise: transfers are delivered on time or Remitly refunds your fees. Sending from the US to Mexico, for example, comes with a low flat fee for bank deposit and mobile wallet transfers no matter how much you send, plus cash pickup at partners such as Elektra, BanCoppel, OXXO and Walmart. New customers get a promotional exchange rate on the first 1,000.00 USD. You can also start transfers by chatting on WhatsApp from 18 countries to more than 40 destinations. Remitly shows a 4.9-star App Store rating from 4.5M+ ratings across countries. The downside for comparison shoppers is that Remitly does not publish a fee table on its US pricing page; the fee and rate appear when you enter an amount and route, so we could not verify a starting price.

Who it is for

people sending money to family abroad who want guaranteed delivery times

Price

See vendor pricing (USD check pending).

US price check pending. See the vendor pricing page.

Key features

• Delivery time guarantee: Remitly refunds your fees if a transfer is late
• Low flat fee for bank deposit and mobile wallet transfers to Mexico, no matter the amount
• Promotional FX rate for new customers on the first 1,000.00 USD sent
• Transfers by WhatsApp from 18 countries to more than 40 destinations
• Serves customers in over 170 countries

Strengths and weaknesses

• Strength: App Store rating of 4.9 stars from 4.5M+ ratings, as shown by Remitly
• Strength: Bank deposit, cash pickup and mobile wallet delivery in Mexico
• Strength: Real-time transfer tracking
• Weakness: No published fee table, so prices only appear in the quote
• Weakness: Promotional rate applies only to new customers and the first 1,000.00 USD
• Weakness: Built for sending to others, not for holding currencies or spending abroad

Key facts

• Fees: Shown per transfer in the app
• Delivery promise: On time or fees refunded
• WhatsApp transfers: From 18 countries to 40+ destinations
• App Store rating: 4.9 stars, 4.5M+ ratings
• Reach: Customers in over 170 countries

Where it ranks

Remitly is No. 4 in our Best Currency Exchange Apps verdict.