International money transfer provider

Remitly

Remittance specialist

A remittance service built around destination coverage and how the recipient is paid. Bank deposit, mobile wallet and other methods depend on the corridor. Listed for comparison.

At a glance

Provider type: Remittance / international transfer provider
Global reach: Very high
Countries / coverage: 175+ countries. Latin America, Asia and Africa are named.
Currencies: 100+ currencies are referenced in current partnership materials. That figure is not a confirmed send list for every corridor.
Delivery method: Bank deposit, mobile wallet and other corridor-specific options. The method is not the same for every destination.
Large-transfer fit: Medium. Consumer remittance is the focus. Bespoke high-net-worth transfer planning is not described.
Business capability: Not core. Consumer transfers are the core proposition. Business and platform partnerships are described as growing.
Support model: Not separately stated as a dedicated account manager.

Who it may suit

May be relevant to: People sending to a supported destination who need bank deposit, a mobile wallet or another corridor-specific method. That describes the published focus. It is not a view on whether this provider is appropriate for your transfer.

Where can this provider send money?

Coverage can depend on both the sending country and the destination corridor.

175+ countries. Latin America, Asia and Africa are named.

Global reach in the reviewed material: Very high. That is not a statement that the service is open from every country.

Which currencies can you send?

A currency count is not a country count. Confirm both the currency and the corridor.

100+ currencies are referenced in current partnership materials. That figure is not a confirmed send list for every corridor.

How can the recipient receive the money?

Delivery can differ by destination. A method named here is not available on every corridor.

Bank deposit, mobile wallet and other corridor-specific options. The method is not the same for every destination.

What does the transfer really cost?

Total cost is the provider fee, plus the exchange-rate margin, plus possible correspondent or receiving-bank fees.

Pricing transparency: High. Corridor-specific fees and rates are shown before sending.

A live quote is not shown here. Ask the provider for the amount the recipient would receive.

How should you compare the exchange rate?

The mid-market rate is a useful reference point, not necessarily the rate at which a transfer provider will trade with you.

Corridor-specific fees and rates are shown before sending.

Is this provider set up for large transfers?

Large-transfer fit: Medium. Consumer remittance is the focus. Bespoke high-net-worth transfer planning is not described.

Property, investment and relocation are not named as use cases in the reviewed material.

For larger transfers, execution timing and documentation can matter as much as headline pricing.

Business payments

Business transfers: Not core. Consumer transfers are the core proposition. Business and platform partnerships are described as growing.

Supplier payments, payroll, batch payments and an API are not described.

Support model

Not separately stated as a dedicated account manager.

App and website. A dedicated account manager is not described.

What checks should you expect?

A provider may ask for identity, the source of funds, and the purpose of the transfer. For a larger or unusual payment it may also ask for a sale agreement, a property completion statement, an invoice or an investment statement.

Money-transmission entities and availability vary by sending country and corridor.

WiT Access does not collect those documents. Ask the provider which papers apply to your transfer, and which legal entity would process it.