Remitly: Send Money & Transfer

Remitly is a global digital remittance service that allows individuals to send money internationally with competitive exchange rates and low fees. It emphasizes fast and secure transfers, offering various delivery options like bank deposits, cash pickups, and mobile wallet transfers, primarily through its mobile application.

Remitly is a direct competitor to Wise, focusing on international money transfers. The website content explicitly mentions 'great exchange rates and low money transfer fees' (transparent-low-fees), 'fast transfers with an express service that ensures funds reach the recipient within minutes' (fast-transfer-execution), and the availability of a 'Remitly app' (mobile-app). It also highlights 'multiple levels of security designed to keep you protected' and 'comply with applicable laws and regulations, such as those relating to "know-your-customer," anti-money laundering requirements, sanctions legislation' (regulatory-compliance). Furthermore, it states 'Get quick support in our Help Center, or contact us if needed. We’re here to help 24/7' (customer-support). While it offers international money transfers, it does not explicitly mention holding multiple currencies in a single account or a borderless debit card, which are key features of Wise's multi-currency account offering.