DBS Remit vs Placid - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like DBS Remit and Placid have emerged as leading choices. Both DBS Remit and Placid online platforms offer efficient and cost-effective and secure international money transfers from DBS Remit and Placid.

We compare DBS Remit vs Placid into the unique features and benefits that distinguish DBS Remit vs Placid, empowering you to make an informed decision based on your specific transfer needs like DBS Remit vs Placid fees, currencies available, available payment methods on DBS Remit compared to Placid, support options offered by DBS Remit vs Placid, speed and more.

DBS Remit vs Placid: Quick Feature Comparison

  1. Visit DBS Remit alternative DBS Remit Visit DBS Remit

    Used By: 2400000
    Currencies Available: 7
    Transfer Fees: S$35
    Payment Methods: Bank deposit
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: S$500
    Max Transfer: S$200,000
    Year Founded: 1968

  2. Visit DBS Remit alternative Placid Visit Placid

    Used By: 500000
    Currencies Available: 10
    Transfer Fees: none
    Payment Methods: debit ard, credit card, placid express
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 2900 USD/day, 7000 USD/month, 20000 USD/3 months
    Year Founded: 1895

DBS Remit vs Placid: Pros and Cons

DBS Remit vs Placid
Advantages

DBS Remit Advantages Placid Advantages
  • DBS Remit has been serving clients for over 56 years
  • DBS Remit is available internationally.
  • DBS Remit has multiple currency options.
  • DBS Remit is available to iOS Apple device users.
  • DBS Remit is available to Android mobile device users.
  • Placid has been in operation for over 129 years.
  • Placid operates in numerous international countries.
  • Placid offers an extensive range of currency options for money transfers.
  • Placid provides phone support.
  • Placid offers registered customers email support.
  • Placid has a Apple iOS app on Apple app store.
  • Placid offers a Android Google Play Store mobile app.

DBS Remit vs Placid
Disadvantages

DBS Remit Disadvantages Placid Disadvantages
  • DBS Remit has no PayPal support.
  • DBS Remit has no Neteller payments support.
  • DBS Remit has no Skrill payment support.
  • DBS Remit does have a mobile digital wallet like some others.
  • No home delivery with DBS Remit.
  • No cash pickups with DBS Remit.
  • No money order support with DBS Remit.
  • No live chat support with DBS Remit.
  • DBS Remit has no telephone support.
  • DBS Remit email support is limited.
  • Placid has no PayPal option.
  • Placid has no Neteller option.
  • Placid has no Skrill option.
  • No digital wallets with Placid.
  • No Placid home delivery.
  • No Placid Cash pickups.
  • No Placid money order option.
  • No Placid Livechat.

DBS Remit vs Placid Fees and Other Costs

Fee type DBS Remit Fees Placid Fees
Transfer Fees S$35 none
Min Transfer S$500 none
Max Transfer S$200,000 2900 USD/day, 7000 USD/month, 20000 USD/3 months
Payment Methods Bank deposit debit ard, credit card, placid express
Currencies USD, GBP, AUD, EUR, SGD, CAD, HKD BDT, INR, IDR, NPR, PKR, LKR, PHP, VND, EUR, FIM

DBS Remit vs Placid Restricted Countries

DBS Remit Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Placid Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

DBS Remit vs Placid Transfer Speeds

Transfer Speed DBS Remit Placid
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

DBS Remit vs Placid Languages

DBS Remit Supported Languages

English

Placid Supported Languages

DBS Remit vs Placid Verdict - Which is better?

Which is best out of DBS Remit and Placid depends on your needs.

  • DBS Remit vs Placid Transfer Fees: Transferring money with DBS Remit costs S$35 while Placid charges none.
  • DBS Remit vs Placid Supported Currencies: DBS Remit deals in over 1, where as Placid offers transactions in 1.
  • DBS Remit vs Placid Payment Methods: DBS Remit accepts Bank deposit, while Placid allows transactions via debit ard, credit card, placid express.
  • DBS Remit vs Placid Transfer Limits: DBS Remit allows transfers between S$500 and S$200,000. Placid's range is none to 2900 USD/day, 7000 USD/month, 20000 USD/3 months.
  • DBS Remit vs Placid Minimum Age for Account Creation: DBS Remit requires users to be at least 18 years old, where as Placid has a minimum age requirement of 18.
  • Contact Number: You can reach DBS Remit at and Placid at 1-718-392-3500.
  • DBS Remit vs Placid Countries of Operation: DBS Remit operates in over 1 countries but has restrictions in over 1 countries. Placid serves 1 countries and restricts operations in 1 countries.
  • DBS Remit vs Placid Client Base: DBS Remit is used by 2,400,000, where as Placid serves 500,000.
  • DBS Remit vs Placid Year Founded: DBS Remit was established in 1968 and Placid began its operations in 1895.
  • DBS Remit vs Placid Customer Rating: DBS Remit holds a rating of 3, in contrast, Placid has a rating of 3.
  • DBS Remit vs Placid Headquarters: DBS Remit has its headquarters at Singapore, while Placid is based at New York, US.
  • DBS Remit vs Placid Employee Count: DBS Remit employs individuals, where as Placid has a team of 250.
  • DBS Remit vs Placid Estimated Annual Turnover: DBS Remit turnover stands at 1260000000, while Placid boasts a turnover of 20,000,000 USD.
  • DBS Remit vs Placid Founder: DBS Remit was founded by , holding the position of . On the other hand, Placid was the brainchild of Marcy Miller,, currently holding the position of CEO.
  • DBS Remit vs Placid Supported Languages: DBS Remit offers support in over 1 languages. Placid communicates in 1.

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DBS Remit vs Placid Alternatives Guides

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Screenshots

DBS Remit Screenshot

DBS Remit Screenshot

Placid Screenshot

DBS Remit Screenshot