Remitly vs Revolut: Fees, Rates & Speed Compared
Remitly ahead on USD → INR, GBP → EUR; Revolut on USD → PHP, USD → MXN, GBP → PKR.
Remitly
Won 2 of 5 routes here
4.6
Revolut
Won 3 of 5 routes here
4.7A Remitly remittance and a transfer from a Revolut account can start from different funding arrangements. First decide whether you are spending an existing currency balance or purchasing foreign currency for this payment.
Live comparison: Remitly vs Revolut across popular corridors
Recipient payout route by route, Remitly against Revolut, from collected quotes (not guaranteed).
| Corridor | Remitly | Revolut | Winner |
|---|---|---|---|
| USD → INR($1,000) | ₹94,837.50 | ₹94,790.12 | Remitly (+₹47.38) |
| GBP → EUR(£1,000) | €1,181.05 | €1,169.34 | Remitly (+€11.71) |
| USD → PHP($500) | ₱30,875.50 | ₱31,777.63 | Revolut (+₱902.13) |
| USD → MXN($1,000) | MX$18,286.09 | MX$18,568.74 | Revolut (+MX$282.65) |
| GBP → PKR(£500) | ₨182,332.03 | ₨183,077.88 | Revolut (+₨745.85) |
| USD → NGN($200) | ₦270,665.55 | — | N/A |
Remitly vs Revolut: Feature comparison
| Feature | Remitly | Revolut |
|---|---|---|
| Overall rating | 4.6/5 (Excellent) | 4.7/5 (Excellent) |
| Fee structure | From $0 to $3.99 per transfer | £1,000/month, then 1% (Standard) |
| Exchange rate markup | 0.5% - 2% above mid-market | Own rate; weekend fee |
| Transfer speed | Minutes to 3-5 days | Instant to 3 days |
| Supported countries | 100+ | 150+ |
| Supported currencies | 40+ | 36+ |
| Max transfer | $300,000 | No limit |
| Delivery methods | Bank Deposit, Cash Pickup, Mobile Money, Home Delivery | Bank Deposit, Revolut Account |
| Regulators | FinCEN, FCA | FCA, ECB, FinCEN |
An occasional family transfer or an existing balance?
For a recurring allowance, record the price available to an existing customer rather than relying on an introductory offer. Check that the recipient can use the selected delivery option on both sides. If the receiving method changes when you switch, ask the family to agree to the new arrangement before saving it as a repeat payment.
Remitly sells US remittances; Revolut US runs a card account
Remitly's US user agreement, effective 23 February 2026, is with Remitly, Inc., a Delaware corporation headquartered in Seattle. It calls itself a licensed money transmitter throughout the United States and says it is not licensed to provide the service anywhere else, so the money transfer service is offered to US residents, and Remitly may suspend access for someone living outside the country for a prolonged period. Each person may keep one active consumer account, used for personal, family or household purposes; payments for a business need a separate Business Account. The person you pay does not need a Remitly account to receive the money.
Revolut is organised around a balance you keep. Its US personal terms, dated 8 September 2026, describe an account associated with a prepaid card that can hold several currencies at the same time and is used to send and receive money, exchange currency, pay and withdraw cash, with Revolut Technologies Inc. acting as technology services provider and program manager of the card program. Payments between Revolut users stay inside the app as what Revolut calls Instant Transfers, addressed by username or from your contacts, and they sit in a chat thread, Revolut Messenger, whose messages are end-to-end encrypted so that Revolut itself cannot read them. A parent or guardian with an account can open a Kids & Teens card for a child aged 6 to 17, and an adult may hold only one personal account, never for business.
Ending the relationship works differently too. You can close a Remitly account at any time by telephone or through chat in the app, and Remitly can end the agreement for any reason by giving at least 15 days' notice. Revolut says it will let you withdraw the money it holds for you before the account closes, and that after closure you can only take the money out in US dollars.
Remitly vs Revolut: your questions
Can a Remitly transfer to India be collected in cash?
Not under the arrangement Remitly uses. Remitly's US agreement says it processes transfers to India under the Rupee Drawing Arrangement set up by the Reserve Bank of India, and the RBI says no cash disbursement is allowed under that arrangement: the remittance has to be credited to the beneficiary's bank account. The RBI adds that the remitter and beneficiary should normally both be individuals. Remitly also refuses some Indian payments, such as money for chit funds, temples, charities, NGOs or political parties, or for buying shares in an Indian company.
Can I open either account in the US without a Social Security number?
Revolut says you may. Its US personal terms say someone without a Social Security number may still be eligible for a limited personal account; depending on immigration status, Revolut may ask for a copy of a supported US visa and restrict access to some products and features. Remitly's agreement says opening an account may require your name, address, date of birth, phone number, Social Security number or a government-issued form of identity, and that Remitly may check what you provide against third-party databases and ask you to confirm you own your email address or payment method.
Can I move credit card money through Remitly or Revolut?
Only within the limits each sets. Remitly's US agreement lets you pay for a transfer by credit card but warns that some card issuers treat it as a cash advance, with extra fees and interest, and it lists giving yourself a cash advance from your credit card, or helping someone else to, as a prohibited activity. Revolut's US personal terms say the account must not be used only to send money to and receive money from a credit card, nor for any transaction to receive cash other than a withdrawal from an ATM.