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Remitly
remitly.com
Remitly is an online money transfer service specializing in international remittances. It allows users to send money from one country to over 170 countries worldwide, offering various delivery options such as bank deposits, cash pickups, mobile wallet transfers, home delivery, and debit card deposits. The service focuses on providing competitive exchange rates and secure transactions for cross-border money transfers.
Rationale
Remitly is a strong match for international money transfers, emphasizing low fees and fast delivery. While it doesn't offer a multi-currency account or a borderless debit card like Wise, it clearly provides transparent fees, quick transfers, and robust customer support, which align with several key features of the Wise concept. The website explicitly states "no hidden fees" and highlights fast and secure delivery options. It also promotes its mobile app and mentions 24/7 customer support.
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