XE vs Remitly: Fees & Reviews Compared (2025)

Both XE and Remitly are popular international money transfer services. But which one is better?

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.

	XE	Remitly
Trustpilot Rating	4.3	4.1
Number of Trustpilot Reviews	61,500	41,300
iOS App Rating	4.3	4.9
Number of iOS App Reviews	5,300	1,200,000
Android App Rating	3.5	4.8
Number of Android App Reviews	113,000	666,000

Data taken from relevant websites at time of publication.

	XE	Remitly
App Transfers	Yes	Yes
Online Transfers	Yes	Yes
Phone Transfers	No	No
In-person Transfers	Yes	No
Available Countries	170	180
Number of Currencies	50	75
Payment Methods	Bank account Debit card Credit card Check Direct debit BillPay BPAY PayID Interac	Bank account Debit card Credit card iDeal Passbook Klarna
Receiving Methods	Online wallet Bank account Cash pickup	Online wallet Bank account Cash pickup Home delivery
Cash Pickup Option	Yes	Yes
Payments Flexibility	Web platform Mobile app	Web platform Mobile app
Supported Languages	English, German, Spanish, French, Portuguese, Italian, Swedish, Arabic, Japanese, and Chinese	English, Spanish, French, Portuguese, Vietnamese, Dutch, German, Polish, Romanian, Italian, Turkish, Chinese, Korean, Filipino, and Thai
Transfer Speed	1-4 days	Within minutes (express delivery) 3-5 days (economy delivery)
Dedicated Dealer	Only for customers transferring above $70,000	No
Instant Custom Quote	Yes	No
Business Features	Spot contracts Forwards contracts Market orders Digital multi-currency wallet Rate alerts API portal	N/A
Debit Card	None	Passbook
Cancellation Policy	Only for cash pick-up transfers when the cash hasn’t been collected by the recipient	Only available for transfers that are still “in the hands” of Remitly. Once they are intercepted by a bank, transfers cannot be canceled.
Suitability	Small and large money transfers	Small money transfers

Top Rated Money Transfer Service

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

	XE	Remitly
Year Founded	1993	2011
Headquarters	Newmarket, ‎Ontario‎, ‎Canada	Seattle, WA, USA
Other Office Locations	Canada, Australia, the US, the UK, and New Zealand	Spokane (WA, USA), Cork (Ireland), Managua (Nicaragua), Manila (Philippines), Krakow (Poland), London (the UK), Amsterdam (the Netherlands), Tel Aviv (Israel), and Singapore
Annual Trading Volume	£15 billion	$20.4 billion
Number of Employees	350	1600
Number of Clients	150000	3 million
Regulatory Institutions	FinCEN in the USA FINTRAC and OSFI in Canada FCA in the UK ASIC in Australia	Department of the Treasury in the USA FINTRAC in Canada FCA in the UK ASIC in Australia Central Bank of Ireland in EU
Awards	International Money Transfers Outstanding Value Award (Canstar, 2021)	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)

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:

	XE	Remitly
Homepage
Transfer Fee	£2.00 under £250 (UK) €2.00 under €250 (EU) No fee for other sums	$0.00 – $50 depends on the selected countries, the transfer amount, and the payment method ($3.00 – $7.00 on average).
Average Exchange Rate Markup	0.2% to 1.4%	1% – 2.5%
Minimum Transfer Amount	$1	$1
Maximum Transfer Amount	£350,000 (UK and EU) $535,000 (US) CAD $535,000 (Canada) NZD $750,000 (New Zealand)	Depends on the sending and receiving country, the transfer amount, and the transfer method (from $3,000 to £150,000).