Head-to-head
Remitly vs Wise
Fees, speed, and ratings compared side by side.
| Feature | Remitly | Wise |
|---|---|---|
| Overall rating | 4.5 / 5 | 4.7 / 5 |
| Typical fees | ~1.99 | 0.45% |
| FX markup | 1.2% | 0.3% |
| Transfer speed | Same day | Within hours |
| App rating (iOS / Android) | 4.9 / 4.7 | 4.8 / 4.6 |
| Supported currencies | 14 currencies supported | 25 currencies supported |
| Cash pickup | Yes | No |
| Mobile wallet payout | Yes | Yes |
| Multi-currency account | No | Yes |
| Business accounts | No | Yes |
Pros & cons
Remitly
Remitly focuses squarely on remittance corridors, pairing cash pickup and mobile wallet payout with an express option for urgent transfers.
Pros
- Cash pickup and mobile wallet payout in most corridors
- Express tier delivers in minutes on popular routes
- Highly rated mobile app for first-time senders
Cons
- Narrower currency coverage than multi-currency players
- Express speed carries a higher markup than economy transfers
- No business accounts
Wise
Wise built its reputation on charging the real mid-market exchange rate and a small, upfront fee instead of folding a markup into the rate.
Pros
- Consistently the smallest FX markup in this comparison
- Fee is shown in full before you confirm
- Multi-currency account holds 40+ currencies at once
Cons
- No cash pickup option
- Fees rise for card-funded transfers
- Occasional extra verification for large first-time transfers
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Live comparison
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