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

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

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

Remitly vs TorFX: 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 TorFX Visit TorFX

    Used By: 325,000
    Currencies Available: 39
    Transfer Fees: 1.91%-2.71%
    Payment Methods: chaps, swift, bacs, debit card, cheque
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: 200 USD
    Max Transfer: none
    Year Founded: 2004

Remitly vs TorFX: Pros and Cons

Remitly vs TorFX
Advantages

Remitly Advantages TorFX 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.
  • TorFX has been in operation for over 20 years.
  • TorFX boasts a high rating for sending money.
  • TorFX operates in numerous international countries.
  • TorFX offers an extensive range of currency options for money transfers.
  • TorFX provides phone support.
  • TorFX offers registered customers email support.
  • TorFX has a Apple iOS app on Apple app store.
  • TorFX offers a Android Google Play Store mobile app.

Remitly vs TorFX
Disadvantages

Remitly Disadvantages TorFX 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.
  • TorFX has no PayPal option.
  • TorFX has no Neteller option.
  • TorFX has no Skrill option.
  • No digital wallets with TorFX.
  • No TorFX home delivery.
  • No TorFX Cash pickups.
  • No TorFX money order option.
  • No TorFX Livechat.

Remitly vs TorFX Fees and Other Costs

Fee type Remitly Fees TorFX Fees
Transfer Fees 0-3.99$ 1.91%-2.71%
Min Transfer US$1.00 200 USD
Max Transfer US$20,000.00 none
Payment Methods Bank transfer, credit/debit card chaps, swift, bacs, debit card, cheque
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 EUR, GBP, USD, CAD, AUD, NZD, JPY, ZAR, CHF, AED, BBD, BWP, BGN, CNY, HRK, CZK, DKK, XCD, FJD, HKD, HUF, INR, ILS, KES, MUR, MXN, MAD, TRY, NOK, PHP, PLN, RON, RUB, SGD, LKR, SEK, THB, TTD, UGX

Remitly vs TorFX Restricted Countries

Remitly Country Restrictions

North Korea

TorFX 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 TorFX Transfer Speeds

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

Remitly vs TorFX Languages

Remitly Supported Languages

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

TorFX Supported Languages

Remitly vs TorFX Verdict - Which is better?

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

  • Remitly vs TorFX Transfer Fees: Transferring money with Remitly costs 0-3.99$ while TorFX charges 1.91%-2.71%.
  • Remitly vs TorFX Supported Currencies: Remitly deals in over 1, where as TorFX offers transactions in 1.
  • Remitly vs TorFX Payment Methods: Remitly accepts Bank transfer, credit/debit card, while TorFX allows transactions via chaps, swift, bacs, debit card, cheque.
  • Remitly vs TorFX Transfer Limits: Remitly allows transfers between US$1.00 and US$20,000.00. TorFX's range is 200 USD to none.
  • Remitly vs TorFX Minimum Age for Account Creation: Remitly requires users to be at least 18 years old, where as TorFX has a minimum age requirement of 18.
  • Contact Number: You can reach Remitly at and TorFX at 44 (0) 1736 335 250 .
  • Remitly vs TorFX Countries of Operation: Remitly operates in over 1 countries but has restrictions in over 1 countries. TorFX serves 1 countries and restricts operations in 1 countries.
  • Remitly vs TorFX Client Base: Remitly is used by 3,000,000, where as TorFX serves 325.
  • Remitly vs TorFX Year Founded: Remitly was established in 2011 and TorFX began its operations in 2004.
  • Remitly vs TorFX Customer Rating: Remitly holds a rating of 4, in contrast, TorFX has a rating of 3.
  • Remitly vs TorFX Headquarters: Remitly has its headquarters at Seattle (US), while TorFX is based at Cornwall, UK.
  • Remitly vs TorFX Employee Count: Remitly employs 1,000 individuals, where as TorFX has a team of 100.
  • Remitly vs TorFX Estimated Annual Turnover: Remitly turnover stands at 143100000, while TorFX boasts a turnover of 20,000,000,000 USD.
  • Remitly vs TorFX Founder: Remitly was founded by , holding the position of . On the other hand, TorFX was the brainchild of Jon Beddell, currently holding the position of CEO.
  • Remitly vs TorFX Supported Languages: Remitly offers support in over 1 languages. TorFX communicates in 1.

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Screenshots

Remitly Screenshot

Remitly Screenshot

TorFX Screenshot

Remitly Screenshot