Remitly vs WorldRemit: Fees, Rates & Speed Compared
Remitly
4.5Remitly specializes in personal international money transfers with a focus on remittances to developing countries, offering competitive rates and fast delivery.
WorldRemit
4.2WorldRemit is a digital-first remittance service offering fast, affordable international money transfers to 130+ countries with multiple delivery options.
Remitly and WorldRemit 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. WorldRemit, operating since 2010 from London, 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. Our data shows the difference can be significant — on a $200 USD → NGN transfer, Remitly delivers ₦3651.88 more to the recipient.
In this comparison
Live comparison: Remitly vs WorldRemit across popular corridors
The table below shows how much the recipient receives when sending through Remitly vs WorldRemit on 6 popular corridors. Data is refreshed every 6 hours from provider APIs and websites.
| Corridor | Remitly | WorldRemit | Winner |
|---|---|---|---|
| USD → INR($1,000) | ₹93,969.24 | ₹92,628.56 | Remitly (+₹1340.68) |
| GBP → EUR(£1,000) | €1,153.17 | — | N/A |
| USD → PHP($500) | ₱29,896.01 | — | N/A |
| USD → MXN($1,000) | MX$18,269.79 | MX$16,952.61 | Remitly (+MX$1317.18) |
| GBP → PKR(£500) | ₨188,078.26 | — | N/A |
| USD → NGN($200) | ₦280,897.92 | ₦277,246.04 | Remitly (+₦3651.88) |
Amounts shown are what the recipient receives. Based on current scraped data, updated every 6 hours.
Key differences between Remitly and WorldRemit
Remitly vs WorldRemit: Feature comparison
| Feature | Remitly | WorldRemit |
|---|---|---|
| Overall rating | 4.5/5 (Excellent) | 4.2/5 (Excellent) |
| Fee structure | From $0 to $3.99 per transfer | From $0.99 to $3.99 |
| Exchange rate markup | 0.5% - 2% above mid-market | 0.5% - 3% above mid-market |
| Transfer speed | Minutes to 3-5 days | Minutes to 3 days |
| Supported countries | 100+ | 130+ |
| Supported currencies | 40+ | 70+ |
| Max transfer | $10,000 | $10,000 |
| Payment methods | Bank Transfer, Debit Card, Credit Card | Bank Transfer, Debit Card, Credit Card, Apple Pay |
| Delivery methods | Bank Deposit, Cash Pickup, Mobile Money, Home Delivery | Bank Deposit, Cash Pickup, Mobile Money, Airtime Top-up |
| Regulators | FinCEN, FCA | FCA, FinCEN |
| Founded | 2011 | 2010 |
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
WorldRemit
Pros
- Fast transfers to many corridors
- Mobile money delivery available
- Airtime top-up option
- User-friendly mobile app
- Competitive rates for smaller transfers
Cons
- Transfer limits may be restrictive
- Not ideal for large/business transfers
- Rates vary significantly by corridor
When to choose Remitly vs WorldRemit
Choose Remitly if:
- You want the real mid-market exchange rate with no hidden markup
- You want zero transfer fees (From $0 to $3.99 per transfer)
- You value user experience — Remitly is rated 4.5/5 on Trustpilot
- Remitly's strengths (Bank Deposit, Cash Pickup) match your needs
Choose WorldRemit if:
- You want the real mid-market exchange rate with no hidden markup
- You want zero transfer fees (From $0.99 to $3.99)
- WorldRemit's strengths (Bank Deposit, Cash Pickup) match your needs
Verdict: Remitly or WorldRemit?
Cost winner: Remitly
Remitly wins on cost in 3 of 6 corridors we tested. For example, on USD → INR ($1,000), the recipient gets ₹1340.68 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. Remitly typically delivers in Minutes to 3-5 days, while WorldRemit takes Minutes to 3 days. The actual speed depends on the corridor and delivery method.
Wider coverage: WorldRemit
WorldRemit has broader coverage with 130+ countries and 70+ currencies. WorldRemit also offers Bank Deposit, Cash Pickup, Mobile Money, Airtime Top-up.
Bottom line
Overall, Remitly edges ahead for most users thanks to transparent pricing with the real mid-market exchange rate. That said, WorldRemit is the better pick if you need cash pickup and global coverage.
Frequently asked questions
Is Remitly or WorldRemit 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 WorldRemit charges From $0.99 to $3.99 with a 0.5% - 3% above mid-market markup. For example, on a $1,000 USD → INR transfer, Remitly delivers ₹1340.68 more. However, costs vary by corridor, so always compare for your specific route.
Which is faster, Remitly or WorldRemit?
Remitly typically completes transfers in Minutes to 3-5 days, while WorldRemit takes Minutes to 3 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 WorldRemit safe to use?
Yes, both are regulated money transfer services. Remitly is regulated by FinCEN, FCA and has a 4.5/5 Trustpilot rating. WorldRemit is regulated by FCA, FinCEN with a 4.2/5 Trustpilot rating. Both companies are required to safeguard customer funds under their respective regulatory frameworks.
What are the transfer limits for Remitly vs WorldRemit?
Remitly has a maximum transfer of $10,000 (minimum $1), while WorldRemit 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 Remitly or WorldRemit?
Remitly offers Bank Deposit, Cash Pickup, Mobile Money, Home Delivery. WorldRemit offers Bank Deposit, Cash Pickup, Mobile Money, Airtime Top-up. Remitly supports cash pickup, which is useful when recipients don't have a bank account. WorldRemit supports cash pickup for recipients without bank access.
Should I use Remitly or WorldRemit to send money internationally?
For most users, Remitly offers better overall value thanks to transparent pricing with the real mid-market exchange rate. However, WorldRemit 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 Airtime Top-up.