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Remitly

Sign up cost: Free
Available: Online/app
Number of currencies: 47
Number of countries: 49+
Minimum transfer: $1 (or equivalent)
Transfer fee: Express – $6.99; Economy – fees vary but free if sending more than $500
Exchange rate margin: 1–2% above the mid-market rate
Transfer speed: Express – arrives in seconds, Economy – 1 to 3 days

Best for: Sending money to developing countries

Remitly is specifically mobile-optimized, making it simple and straightforward to send money internationally.

Recipients can pick up the funds from their local back if it is part of the Remitly network, or cash can be delivered to their home address if necessary.

With a 100% satisfaction guarantee, if your money doesn’t arrive on time, there is one less thing to worry about when making an international money transfer.

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