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Wise vs Remitly

A detailed comparison to help you choose the best money transfer service.

Wise

Wise

(2)

Leading money transfer with mid-market rates

✓ Pros

  • Real exchange rates
  • Low transparent fees
  • Fast transfers
  • Multi-currency account

✗ Cons

  • Limited cash pickup options
  • Verification can take time
Remitly

Remitly

(1)

Fast remittances to developing countries

✓ Pros

  • Very fast delivery
  • Cash pickup available
  • Good mobile app
  • Promotional rates

✗ Cons

  • Higher fees for small amounts
  • Limited corridors