Remitly vs Placid - Who is better? [UPDATED 2024]

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

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

Remitly vs Placid: Quick Feature Comparison

  1. Visit Remitly alternative Remitly Visit Remitly

    Used By: 3000000
    Currencies Available: 63
    Transfer Fees: 0-3.99$
    Payment Methods: Bank transfer, credit/debit card
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$20,000.00
    Year Founded: 2011

  2. Visit Remitly 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

Remitly vs Placid: Pros and Cons

Remitly vs Placid
Advantages

Remitly Advantages Placid Advantages
  • Remitly has been serving clients for over 13 years
  • Remitly is well rated among clients.
  • Remitly is available internationally.
  • Remitly has multiple currency options.
  • Remitly supports money transfer cash pickups.
  • Remitly is available to iOS Apple device users.
  • Remitly is available to Android mobile device users.
  • Placid has been in operation for over 129 years.
  • Placid boasts a high rating for sending money.
  • 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.

Remitly vs Placid
Disadvantages

Remitly Disadvantages Placid Disadvantages
  • Remitly has no PayPal support.
  • Remitly has no Neteller payments support.
  • Remitly has no Skrill payment support.
  • Remitly does have a mobile digital wallet like some others.
  • No home delivery with Remitly.
  • No money order support with Remitly.
  • No live chat support with Remitly.
  • Remitly has no telephone support.
  • Remitly 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.

Remitly vs Placid Fees and Other Costs

Fee type Remitly Fees Placid Fees
Transfer Fees 0-3.99$ none
Min Transfer US$1.00 none
Max Transfer US$20,000.00 2900 USD/day, 7000 USD/month, 20000 USD/3 months
Payment Methods Bank transfer, credit/debit card debit ard, credit card, placid express
Currencies ALL, ARS, EUR, BSD, BDT, XOF, BOB, BRL, BGN, BIF, USD, XAF, CLP, CNY, COP, KMF, CRC, HRK, CZK, DOP, EGP, ETB, FJD, GMD, GHS, GTQ, GNF, GYD, HNL, HUF, INR, IDR, JMD, JPY, JOD, KES, MGA, MWK, MYR, MXN, MAD, NPR, NGN, PKR, PYG, PEN, PHP, PLN, RON, RUB, RWF, SLL, ZAR, KRW, LKR, TSZ, THB, TND, TRY, UGX, UYU, VND, ZMW BDT, INR, IDR, NPR, PKR, LKR, PHP, VND, EUR, FIM

Remitly vs Placid Restricted Countries

Remitly Country Restrictions

North Korea

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

Remitly vs Placid Transfer Speeds

Transfer Speed Remitly Placid
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

Remitly vs Placid Languages

Remitly Supported Languages

English, French, Spanish, Polish, Vietnamese, German, Romanian, Italian and Turkish.

Placid Supported Languages

Remitly vs Placid Verdict - Which is better?

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

  • Remitly vs Placid Transfer Fees: Transferring money with Remitly costs 0-3.99$ while Placid charges none.
  • Remitly vs Placid Supported Currencies: Remitly deals in over 1, where as Placid offers transactions in 1.
  • Remitly vs Placid Payment Methods: Remitly accepts Bank transfer, credit/debit card, while Placid allows transactions via debit ard, credit card, placid express.
  • Remitly vs Placid Transfer Limits: Remitly allows transfers between US$1.00 and US$20,000.00. Placid's range is none to 2900 USD/day, 7000 USD/month, 20000 USD/3 months.
  • Remitly vs Placid Minimum Age for Account Creation: Remitly requires users to be at least 18 years old, where as Placid has a minimum age requirement of 18.
  • Contact Number: You can reach Remitly at and Placid at 1-718-392-3500.
  • Remitly vs Placid Countries of Operation: Remitly operates in over 1 countries but has restrictions in over 1 countries. Placid serves 1 countries and restricts operations in 1 countries.
  • Remitly vs Placid Client Base: Remitly is used by 3,000,000, where as Placid serves 500,000.
  • Remitly vs Placid Year Founded: Remitly was established in 2011 and Placid began its operations in 1895.
  • Remitly vs Placid Customer Rating: Remitly holds a rating of 4, in contrast, Placid has a rating of 3.
  • Remitly vs Placid Headquarters: Remitly has its headquarters at Seattle (US), while Placid is based at New York, US.
  • Remitly vs Placid Employee Count: Remitly employs 1,000 individuals, where as Placid has a team of 250.
  • Remitly vs Placid Estimated Annual Turnover: Remitly turnover stands at 143100000, while Placid boasts a turnover of 20,000,000 USD.
  • Remitly vs Placid Founder: Remitly was founded by , holding the position of . On the other hand, Placid was the brainchild of Marcy Miller,, currently holding the position of CEO.
  • Remitly vs Placid Supported Languages: Remitly offers support in over 1 languages. Placid communicates in 1.

We list reviews for the best Remitly vs Placid related money services below.

Remitly vs Placid Alternatives Guides

If you would like to see some of the best Remitly vs Placid related services compared against their best Remitly vs Placid alternatives available right now. Learn more about Remitly vs Placid alternatives by clicking on the links below.



Screenshots

Remitly Screenshot

Remitly Screenshot

Placid Screenshot

Remitly Screenshot