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

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

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

Monese vs DBS Remit: Quick Feature Comparison

  1. Visit Monese alternative Monese Visit Monese

    Used By: 2200000
    Currencies Available: 3
    Transfer Fees: none
    Payment Methods: Google pay
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: none
    Max Transfer: 50000 EUR
    Year Founded: 2015

  2. Visit Monese 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

Monese vs DBS Remit: Pros and Cons

Monese vs DBS Remit
Advantages

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

Monese vs DBS Remit
Disadvantages

Monese Disadvantages DBS Remit Disadvantages
  • Monese has no PayPal support.
  • Monese has no Neteller payments support.
  • Monese has no Skrill payment support.
  • Monese does not have as many fiat currency transfer options as some other providers.
  • Monese does have a mobile digital wallet like some others.
  • No home delivery with Monese.
  • No cash pickups with Monese.
  • No money order support with Monese.
  • No live chat support with Monese.
  • Monese has no telephone support.
  • DBS Remit has no PayPal option.
  • DBS Remit has no Neteller option.
  • DBS Remit has no Skrill option.
  • No digital wallets with DBS Remit.
  • No DBS Remit home delivery.
  • No DBS Remit Cash pickups.
  • No DBS Remit money order option.
  • No DBS Remit Livechat.
  • No DBS Remit telephone customer support.
  • DBS Remit has limited email customer support.

Monese vs DBS Remit Fees and Other Costs

Fee type Monese Fees DBS Remit Fees
Transfer Fees none S$35
Min Transfer none S$500
Max Transfer 50000 EUR S$200,000
Payment Methods Google pay Bank deposit
Currencies GBP, EUR, RON USD, GBP, AUD, EUR, SGD, CAD, HKD

Monese vs DBS Remit Restricted Countries

Monese 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 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

Monese vs DBS Remit Transfer Speeds

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

Monese vs DBS Remit Languages

Monese Supported Languages

DBS Remit Supported Languages

English

Monese vs DBS Remit Verdict - Which is better?

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

  • Monese vs DBS Remit Transfer Fees: Transferring money with Monese costs none while DBS Remit charges S$35.
  • Monese vs DBS Remit Supported Currencies: Monese deals in over 1, where as DBS Remit offers transactions in 1.
  • Monese vs DBS Remit Payment Methods: Monese accepts Google pay, while DBS Remit allows transactions via Bank deposit.
  • Monese vs DBS Remit Transfer Limits: Monese allows transfers between none and 50000 EUR. DBS Remit's range is S$500 to S$200,000.
  • Monese vs DBS Remit Minimum Age for Account Creation: Monese requires users to be at least 18 years old, where as DBS Remit has a minimum age requirement of 18.
  • Contact Number: You can reach Monese at and DBS Remit at .
  • Monese vs DBS Remit Countries of Operation: Monese operates in over 1 countries but has restrictions in over 1 countries. DBS Remit serves 1 countries and restricts operations in 1 countries.
  • Monese vs DBS Remit Client Base: Monese is used by 2,200,000, where as DBS Remit serves 2,400,000.
  • Monese vs DBS Remit Year Founded: Monese was established in 2015 and DBS Remit began its operations in 1968.
  • Monese vs DBS Remit Customer Rating: Monese holds a rating of 3, in contrast, DBS Remit has a rating of 3.
  • Monese vs DBS Remit Headquarters: Monese has its headquarters at London, UK, while DBS Remit is based at Singapore.
  • Monese vs DBS Remit Employee Count: Monese employs 299 individuals, where as DBS Remit has a team of .
  • Monese vs DBS Remit Estimated Annual Turnover: Monese turnover stands at 62800000, while DBS Remit boasts a turnover of 1260000000.
  • Monese vs DBS Remit Founder: Monese was founded by Norris Koppel, holding the position of CEO. On the other hand, DBS Remit was the brainchild of , currently holding the position of .
  • Monese vs DBS Remit Supported Languages: Monese offers support in over 1 languages. DBS Remit communicates in 1.

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Screenshots

Monese Screenshot

Monese Screenshot

DBS Remit Screenshot

Monese Screenshot