Mid-market exchange rate with transparent low fees. Best for frequent transfers.
8 / 8 corridors
Best rate for recipient
Send with Wise →Fast transfers with guaranteed exchange rates and a first transfer free offer.
0 / 8 corridors
Best rate for recipient
Send with Remitly →| Corridor | Wise | Remitly | Difference | Winner |
|---|---|---|---|---|
| USD → MXN | MXN 17,310 | MXN 16,872 | 2.59% | Wise |
| USD → INR | INR 94,874 | INR 92,475 | 2.59% | Wise |
| USD → BRL | BRL 4,920 | BRL 4,795 | 2.59% | Wise |
| AED → INR | INR 25,834 | INR 25,180 | 2.59% | Wise |
| SAR → INR | INR 25,300 | INR 24,660 | 2.59% | Wise |
| USD → PHP | PHP 61,271 | PHP 59,722 | 2.59% | Wise |
| GBP → INR | INR 128,547 | INR 125,296 | 2.59% | Wise |
| USD → COP | COP 3,713,886 | COP 3,619,957 | 2.59% | 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.
Wise is typically cheaper for most transfers due to its mid-market exchange rates and low transparent fees. Remitly may be cheaper for first-time users with their free transfer offer.
Remitly generally offers faster transfer speeds, with many transfers completing within minutes to hours. Wise transfers typically take 1-2 business days depending on the destination.
Remitly offers guaranteed exchange rates that are locked in when you start your transfer. Wise uses real-time mid-market rates, which may fluctuate slightly during the transfer process.