Remitly vs ACE Money Transfer: Fees, Rates & Speed Compared
Remitly
4.6Remitly specializes in personal international money transfers with a focus on remittances to developing countries, offering competitive rates and fast delivery.
ACE Money Transfer
4.3ACE Money Transfer specializes in remittances to South Asia and Africa, offering competitive rates, low fees, and fast delivery with a strong focus on the Pakistan corridor.
Remitly and ACE Money Transfer are both popular choices for international money transfers, but they take different approaches. Remitly, founded in 2011 and headquartered in Seattle, USA, is best known for cash pickup and global coverage. ACE Money Transfer, operating since 2002 from Manchester, UK, 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.
In this comparison
Live comparison: Remitly vs ACE Money Transfer across popular corridors
The table below shows how much the recipient receives when sending through Remitly vs ACE Money Transfer on 6 popular corridors. Data is refreshed every 6 hours from provider APIs and websites.
| Corridor | Remitly | ACE Money Transfer | Winner |
|---|---|---|---|
| USD → INR($1,000) | ₹95,833.41 | — | N/A |
| GBP → EUR(£1,000) | €1,142.19 | — | N/A |
| USD → PHP($500) | ₱29,915.84 | — | N/A |
| USD → MXN($1,000) | MX$17,001.15 | — | N/A |
| GBP → PKR(£500) | ₨189,852.24 | — | N/A |
| USD → NGN($200) | ₦272,575.90 | — | N/A |
Amounts shown are what the recipient receives. Based on current scraped data, updated every 6 hours.
Key differences between Remitly and ACE Money Transfer
Remitly vs ACE Money Transfer: Feature comparison
| Feature | Remitly | ACE Money Transfer |
|---|---|---|
| Overall rating | 4.6/5 (Excellent) | 4.3/5 (Excellent) |
| Fee structure | From $0 to $3.99 per transfer | From $0 to $4.99 depending on corridor |
| Exchange rate markup | 0.5% - 2% above mid-market | 0.3% - 1.2% above mid-market |
| Transfer speed | Minutes to 3-5 days | Minutes to 2 business days |
| Supported countries | 100+ | 100+ |
| Supported currencies | 40+ | 30+ |
| Max transfer | $10,000 | $25,000 |
| Payment methods | Bank Transfer, Debit Card, Credit Card | Bank Transfer, Debit Card, Credit Card |
| Delivery methods | Bank Deposit, Cash Pickup, Mobile Money, Home Delivery | Bank Deposit, Cash Pickup, Mobile Wallet |
| Regulators | FinCEN, FCA | FCA, FinCEN, AUSTRAC |
| Founded | 2011 | 2002 |
Pros and cons
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
ACE Money Transfer
Pros
- Very competitive rates on Pakistan corridor
- Low fees — often free first transfer
- Cash pickup and bank deposit options
- Loyalty rewards program
- 24/7 customer support
Cons
- Less known outside South Asian corridors
- Exchange rate can vary by payment method
- Higher fees for credit card funding
When to choose Remitly vs ACE Money Transfer
Choose Remitly if:
- You want the real mid-market exchange rate with no hidden markup
- 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)
Choose ACE Money Transfer if:
- You want the real mid-market exchange rate with no hidden markup
- You're sending large amounts (ACE Money Transfer supports up to $25,000)
- You want zero transfer fees (From $0 to $4.99 depending on corridor)
Verdict: Remitly or ACE Money Transfer?
Cost: Too close to call
Remitly and ACE Money Transfer are closely matched on cost. Across our 6 sample corridors, neither provider consistently delivers more to the recipient. The best choice depends on your specific corridor.
Speed: Similar delivery times
Both providers offer similar transfer speeds. Remitly typically delivers in Minutes to 3-5 days, while ACE Money Transfer takes Minutes to 2 business days. The actual speed depends on the corridor and delivery method.
Coverage: Comparable reach
Both providers have comparable coverage. Remitly supports 100+ countries and 40+ currencies, while ACE Money Transfer covers 100+ countries with 30+ currencies.
Bottom line
Overall, Remitly edges ahead for most users thanks to transparent pricing with the real mid-market exchange rate. That said, ACE Money Transfer is the better pick if you need cash pickup and global coverage.
Frequently asked questions
Is Remitly or ACE Money Transfer cheaper for international transfers?
It depends on the corridor. Our data across 6 routes shows Remitly and ACE Money Transfer are closely matched on total cost. Remitly charges From $0 to $3.99 per transfer with a 0.5% - 2% above mid-market exchange rate markup, while ACE Money Transfer charges From $0 to $4.99 depending on corridor with a 0.3% - 1.2% above mid-market markup. We recommend comparing rates for your specific transfer using our calculator.
Which is faster, Remitly or ACE Money Transfer?
Remitly typically completes transfers in Minutes to 3-5 days, while ACE Money Transfer takes Minutes to 2 business 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 Remitly and ACE Money Transfer safe to use?
Yes, both are regulated money transfer services. Remitly is regulated by FinCEN, FCA and has a 4.6/5 Trustpilot rating. ACE Money Transfer is regulated by FCA, FinCEN, AUSTRAC with a 4.3/5 Trustpilot rating. Both companies are required to safeguard customer funds under their respective regulatory frameworks.
What are the transfer limits for Remitly vs ACE Money Transfer?
Remitly has a maximum transfer of $10,000 (minimum $1), while ACE Money Transfer allows up to $25,000 (minimum $10). 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 Remitly or ACE Money Transfer?
Remitly offers Bank Deposit, Cash Pickup, Mobile Money, Home Delivery. ACE Money Transfer offers Bank Deposit, Cash Pickup, Mobile Wallet. Remitly supports cash pickup, which is useful when recipients don't have a bank account. ACE Money Transfer supports cash pickup for recipients without bank access.
Should I use Remitly or ACE Money Transfer to send money internationally?
For most users, Remitly offers better overall value thanks to transparent pricing with the real mid-market exchange rate. However, ACE Money Transfer is the better choice if you need cash pickup and global coverage. The best provider for you depends on your corridor, transfer size, and whether you need features like Home Delivery.