Head-to-Head Comparison

Wise vs Remitly

Winner: Wise— delivers more in 8 out of 8 corridors

Wise

Better rates

Mid-market exchange rate with transparent low fees. Best for frequent transfers.

8 / 8 corridors

Best rate for recipient

Send with Wise

Remitly

Fast transfers with guaranteed exchange rates and a first transfer free offer.

0 / 8 corridors

Best rate for recipient

Send with Remitly

Rate Comparison — Wise vs Remitly

CorridorWiseRemitlyDifferenceWinner
USDMXNMXN 17,106MXN 16,6732.59%Wise
USDINRINR 95,517INR 93,1012.59%Wise
USDBRLBRL 5,113BRL 4,9832.59%Wise
AEDINRINR 26,012INR 25,3542.59%Wise
SARINRINR 25,474INR 24,8302.59%Wise
USDPHPPHP 62,489PHP 60,9082.59%Wise
GBPINRINR 127,583INR 124,3562.59%Wise
USDCOPCOP 3,114,408COP 3,035,6402.59%Wise

* Based on sending 1,000 USD. Rates updated daily.

Wise and Remitly are two popular international money transfer services, each with distinct advantages. Wise offers mid-market exchange rates with transparent low fees, making it ideal for frequent senders, while Remitly focuses on fast transfers with guaranteed rates and attractive new customer offers.

Our verdict: Wise wins overall for regular users due to its consistently low fees and genuine mid-market exchange rates, which save money on frequent transfers. However, Remitly is better for first-time users seeking fast delivery and those who prioritize guaranteed exchange rates over the lowest possible fees.

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