Remitly vs CurrencyTransfer: Fees & Reviews Compared (2025)

Below we compare them on their fees and reviews.

Sections

Fees

Top Rated Money Transfer Service

Currencies Direct are the top rated International Money Transfer Service on our list.

	Remitly	CurrencyTransfer
Trustpilot Rating	4.1	4.8
Number of Trustpilot Reviews	41,300	900
iOS App Rating	4.9	N/A
Number of iOS App Reviews	1,200,000	N/A
Android App Rating	4.8	N/A
Number of Android App Reviews	666,000	N/A

Data taken from relevant websites at time of publication.

	Remitly	CurrencyTransfer
App Transfers	Yes	No
Online Transfers	Yes	Yes
Phone Transfers	No	No
In-person Transfers	No	No
Available Countries	180	170
Number of Currencies	75	28
Payment Methods	Bank account Debit card Credit card iDeal Passbook Klarna	Bank account
Receiving Methods	Online wallet Bank account Cash pickup Home delivery	Bank account
Cash Pickup Option	Yes	No
Payments Flexibility	Web platform Mobile app	Web platform
Supported Languages	English, Spanish, French, Portuguese, Vietnamese, Dutch, German, Polish, Romanian, Italian, Turkish, Chinese, Korean, Filipino, and Thai	English
Transfer Speed	Within minutes (express delivery) 3-5 days (economy delivery)	1-4 days
Dedicated Dealer	No	Yes
Instant Custom Quote	No	Yes
Business Features	N/A	Spot contracts Forwards contracts Market orders Batch payments FX derivatives Rate alerts API integration
Debit Card	Passbook	None
Cancellation Policy	Only available for transfers that are still “in the hands” of Remitly. Once they are intercepted by a bank, transfers cannot be canceled.	Booked currencies can be bought back from the selling provider with the costs falling on the customer
Suitability	Small money transfers	Large money transfers

Top Rated Money Transfer Service

Currencies Direct are the top rated International Money Transfer Service on our list.

	Remitly	CurrencyTransfer
Year Founded	2011	2015
Headquarters	Seattle, WA, USA	London, UK
Other Office Locations	Spokane (WA, USA), Cork (Ireland), Managua (Nicaragua), Manila (Philippines), Krakow (Poland), London (the UK), Amsterdam (the Netherlands), Tel Aviv (Israel), and Singapore	Tel Aviv (Israel)
Annual Trading Volume	$20.4 billion	$500 million
Number of Employees	1600	23
Number of Clients	3 million	20000
Regulatory Institutions	Department of the Treasury in the USA FINTRAC in Canada FCA in the UK ASIC in Australia Central Bank of Ireland in EU	FCA and HRMC in the UK
Awards	Startup of the Year (GeekWire Awards, 2016) Game Changer Award (Tech Impact Awards, Seattle Business Magazine, 2017) Named one of the Deloitte Technology Fast 500 (Deloitte, 2017) Most Innovative Companies (Fast Company, 2018) FinTech 50 (Forbes, 2019) Named one of the CNBC Disruptor 50 (CNDC, 2019) Technology Pioneer (World Economic Forum, 2019)	Top 9 Startups (Swift Innotribe Startup Challenge, 2014) Presented at FinovateEurope – a FinTech-based conference (2014)

Data taken from company websites and other third-party sites. It was believed to be accurate at the time of publication but may have since changed.

Top Rated Money Transfer Service

Currencies Direct are the top rated International Money Transfer Service on our list.

See More Comparisons:

	Remitly	CurrencyTransfer
Homepage
Transfer Fee	$0.00 – $50 depends on the selected countries, the transfer amount, and the payment method ($3.00 – $7.00 on average).	No fee
Average Exchange Rate Markup	1% – 2.5%	0.007
Minimum Transfer Amount	$1	£5,000 (or currency equivalent)
Maximum Transfer Amount	Depends on the sending and receiving country, the transfer amount, and the transfer method (from $3,000 to £150,000).	No limit