Profee vs Remitly: Fees, Rates & Speed Compared
Profee
4.1Profee offers international money transfers with competitive rates, particularly strong on European and CIS country corridors.
Remitly
4.6Remitly specializes in personal international money transfers with a focus on remittances to developing countries, offering competitive rates and fast delivery.
Profee and Remitly are both popular choices for international money transfers, but they take different approaches. Profee, founded in 2017 and headquartered in London, UK, is best known for fast, small remittances. Remitly, operating since 2011 from Seattle, USA, focuses on cash pickup and global coverage. This comparison uses real transfer data collected from both providers across 6 popular corridors to show you exactly which one offers better value for your specific needs. Our data shows the difference can be significant — on a £500 GBP → PKR transfer, Remitly delivers ₨2054.45 more to the recipient.
In this comparison
Live comparison: Profee vs Remitly across popular corridors
The table below shows how much the recipient receives when sending through Profee vs Remitly on 6 popular corridors. Data is refreshed every 6 hours from provider APIs and websites.
| Corridor | Profee | Remitly | Winner |
|---|---|---|---|
| USD → INR($1,000) | — | ₹96,140.07 | N/A |
| GBP → EUR(£1,000) | €1,118.71 | €1,140.62 | Remitly (+€21.91) |
| USD → PHP($500) | — | ₱29,950.27 | N/A |
| USD → MXN($1,000) | — | MX$17,091.78 | N/A |
| GBP → PKR(£500) | ₨187,141.42 | ₨189,195.87 | Remitly (+₨2054.45) |
| USD → NGN($200) | — | ₦272,299.44 | N/A |
Amounts shown are what the recipient receives. Based on current scraped data, updated every 6 hours.
Key differences between Profee and Remitly
Profee vs Remitly: Feature comparison
| Feature | Profee | Remitly |
|---|---|---|
| Overall rating | 4.1/5 (Good) | 4.6/5 (Excellent) |
| Fee structure | From $0 depending on corridor | From $0 to $3.99 per transfer |
| Exchange rate markup | 0.5% - 2% above mid-market | 0.5% - 2% above mid-market |
| Transfer speed | Minutes to 2 days | Minutes to 3-5 days |
| Supported countries | 100+ | 100+ |
| Supported currencies | 40+ | 40+ |
| Max transfer | $10,000 | $10,000 |
| Payment methods | Bank Transfer, Debit Card, Credit Card | Bank Transfer, Debit Card, Credit Card |
| Delivery methods | Bank Deposit, Card Deposit | Bank Deposit, Cash Pickup, Mobile Money, Home Delivery |
| Regulators | FCA | FinCEN, FCA |
| Founded | 2017 | 2011 |
Pros and cons
Profee
Pros
- Competitive rates to Eastern Europe and CIS
- Card-to-card transfers
- Simple fee structure
Cons
- Lower transfer limits
- Limited brand recognition
- No cash pickup option
Remitly
Pros
- Express transfers arrive in minutes
- Cash pickup available in many countries
- Mobile money delivery option
- First transfer promotions often available
- Home delivery in select countries
Cons
- Rates less competitive for large transfers
- No multi-currency account
- Focused mainly on remittance corridors
When to choose Profee vs Remitly
Choose Profee if:
- You want the real mid-market exchange rate with no hidden markup
- You want zero transfer fees (From $0 depending on corridor)
- Profee's strengths (Bank Deposit, Card Deposit) match your needs
Choose Remitly if:
- You want the real mid-market exchange rate with no hidden markup
- Your recipient needs cash pickup instead of bank deposit
- You want to send to a mobile money wallet (M-Pesa, GCash, etc.)
- You want zero transfer fees (From $0 to $3.99 per transfer)
Verdict: Profee or Remitly?
Cost winner: Remitly
Remitly wins on cost in 2 of 6 corridors we tested. For example, on GBP → EUR (£1,000), the recipient gets €21.91 more with Remitly. Remitly achieves this through transparent pricing with the real mid-market exchange rate.
Speed: Similar delivery times
Both providers offer similar transfer speeds. Profee typically delivers in Minutes to 2 days, while Remitly takes Minutes to 3-5 days. The actual speed depends on the corridor and delivery method.
Coverage: Comparable reach
Both providers have comparable coverage. Profee supports 100+ countries and 40+ currencies, while Remitly covers 100+ countries with 40+ currencies.
Bottom line
Overall, Remitly edges ahead for most users thanks to transparent pricing with the real mid-market exchange rate. That said, Profee is the better pick if you need fast, small remittances.
Frequently asked questions
Is Profee or Remitly cheaper for international transfers?
Based on our data, Remitly is generally cheaper across most corridors. Remitly charges From $0 to $3.99 per transfer with a 0.5% - 2% above mid-market exchange rate markup, while Profee charges From $0 depending on corridor with a 0.5% - 2% above mid-market markup. For example, on a £1,000 GBP → EUR transfer, Remitly delivers €21.91 more. However, costs vary by corridor, so always compare for your specific route.
Which is faster, Profee or Remitly?
Profee typically completes transfers in Minutes to 2 days, while Remitly takes Minutes to 3-5 days. Actual speed depends on the corridor, payment method, and delivery option you choose. Bank transfers tend to be slower than card-funded transfers, and bank deposits are generally faster than cash pickups.
Are Profee and Remitly safe to use?
Yes, both are regulated money transfer services. Profee is regulated by FCA and has a 4.1/5 Trustpilot rating. Remitly is regulated by FinCEN, FCA with a 4.6/5 Trustpilot rating. Both companies are required to safeguard customer funds under their respective regulatory frameworks.
What are the transfer limits for Profee vs Remitly?
Profee has a maximum transfer of $10,000 (minimum $10), while Remitly allows up to $10,000 (minimum $1). Limits may vary by corridor, account verification level, and payment method. New accounts typically start with lower limits that increase over time.
Can I get cash pickup with Profee or Remitly?
Profee offers Bank Deposit, Card Deposit. Remitly offers Bank Deposit, Cash Pickup, Mobile Money, Home Delivery. Remitly supports cash pickup for recipients without bank access.
Should I use Profee or Remitly to send money internationally?
For most users, Remitly offers better overall value thanks to transparent pricing with the real mid-market exchange rate. However, Profee is the better choice if you need fast, small remittances. The best provider for you depends on your corridor, transfer size, and whether you need features like Home Delivery.