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

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

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

Remitly vs Wise: 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 Wise Visit Wise

    Used By: 11000000
    Currencies Available: 54
    Transfer Fees: 0.5%-1%
    Payment Methods: Bank transfer, debit card, credit card, SOFORT transfer
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$1,000,000 (varies based on currency)
    Year Founded: 2011

Remitly vs Wise: Pros and Cons

Remitly vs Wise
Advantages

Remitly Advantages Wise 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.
  • Wise has been in operation for over 13 years.
  • Wise boasts a high rating for sending money.
  • Wise operates in numerous international countries.
  • Wise offers an extensive range of currency options for money transfers.
  • Wise provides phone support.
  • Wise offers registered customers email support.
  • Wise has a Apple iOS app on Apple app store.
  • Wise offers a Android Google Play Store mobile app.

Remitly vs Wise
Disadvantages

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

Remitly vs Wise Fees and Other Costs

Fee type Remitly Fees Wise Fees
Transfer Fees 0-3.99$ 0.5%-1%
Min Transfer US$1.00 US$1.00
Max Transfer US$20,000.00 US$1,000,000 (varies based on currency)
Payment Methods Bank transfer, credit/debit card Bank transfer, debit card, credit card, SOFORT transfer
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 AED, AUD, BGN, BRL, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, INR, JPY, MYR, NOK, NZD, PLN, RON, TRY, SEK, SGD, USD, ARS, BDT, BWP, CLP, CNY, COP, CRC, EGP, GEL, GHS, ILS, KES, KRW, LKR, MAD, MXN, NGN, NPR, PHP, PKR, RUB, THB, UAH, UGX, UYU, VND, XOF, ZAR, ZMW

Remitly vs Wise Restricted Countries

Remitly Country Restrictions

North Korea

Wise Country Restrictions

North Korea

Remitly vs Wise Transfer Speeds

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

Remitly vs Wise Languages

Remitly Supported Languages

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

Wise Supported Languages

English, French, German, Hungarian, Japanese, Polish, Portugese, Romanian, Russian, Spanish, Turkish

Remitly vs Wise Verdict - Which is better?

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

  • Remitly vs Wise Transfer Fees: Transferring money with Remitly costs 0-3.99$ while Wise charges 0.5%-1%.
  • Remitly vs Wise Supported Currencies: Remitly deals in over 1, where as Wise offers transactions in 1.
  • Remitly vs Wise Payment Methods: Remitly accepts Bank transfer, credit/debit card, while Wise allows transactions via Bank transfer, debit card, credit card, SOFORT transfer.
  • Remitly vs Wise Transfer Limits: Remitly allows transfers between US$1.00 and US$20,000.00. Wise's range is US$1.00 to US$1,000,000 (varies based on currency).
  • Remitly vs Wise Minimum Age for Account Creation: Remitly requires users to be at least 18 years old, where as Wise has a minimum age requirement of 18.
  • Contact Number: You can reach Remitly at and Wise at 44 20 7033 0296.
  • Remitly vs Wise Countries of Operation: Remitly operates in over 1 countries but has restrictions in over 1 countries. Wise serves 1 countries and restricts operations in 1 countries.
  • Remitly vs Wise Client Base: Remitly is used by 3,000,000, where as Wise serves 11,000,000.
  • Remitly vs Wise Year Founded: Remitly was established in 2011 and Wise began its operations in 2011.
  • Remitly vs Wise Customer Rating: Remitly holds a rating of 4, in contrast, Wise has a rating of 4.
  • Remitly vs Wise Headquarters: Remitly has its headquarters at Seattle (US), while Wise is based at London, UK.
  • Remitly vs Wise Employee Count: Remitly employs 1,000 individuals, where as Wise has a team of 2,243.
  • Remitly vs Wise Estimated Annual Turnover: Remitly turnover stands at 143100000, while Wise boasts a turnover of 27000000.
  • Remitly vs Wise Founder: Remitly was founded by , holding the position of . On the other hand, Wise was the brainchild of Venkatesh Saha, currently holding the position of CEO.
  • Remitly vs Wise Supported Languages: Remitly offers support in over 1 languages. Wise communicates in 1.

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Remitly vs Wise Alternatives Guides

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Screenshots

Remitly Screenshot

Remitly Screenshot

Wise Screenshot

Remitly Screenshot