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Wise or Remitly?
We record rates for both services on 27 corridors. Here is which one came out cheaper on each at the latest reading β total cost, fees and exchange-rate margin included.
What the readings show
Remitly is cheaper on 20 of the 27 corridors where we compare both.
So there is no single answer: the cheaper one depends on the corridor, and sometimes on the amount sent.
Ranking is on total cost β advertised fees plus the margin taken on the exchange rate β for the same amount and on the same date. A rate recorded more than three days ago is not compared against today's market.
Corridor by corridor
| Corridor | Cheaper | Gap | |
|---|---|---|---|
| France β Haiti | Remitly (0.67 %) | 11.75 points | See details |
| Canada β Haiti | Remitly (6.83 %) | 10.42 points | See details |
| United States β Haiti | Remitly (4.66 %) | 7.81 points | See details |
| United States β Ethiopia | Remitly (1.75 %) | 7.15 points | See details |
| Germany β Ethiopia | Remitly (3.00 %) | 6.89 points | See details |
| United Kingdom β Ethiopia | Remitly (0.81 %) | 6.50 points | See details |
| France β Morocco | Remitly (0.67 %) | 5.19 points | See details |
| Canada β Morocco | Remitly (3.30 %) | 4.72 points | See details |
| Spain β Morocco | Remitly (1.77 %) | 4.00 points | See details |
| Germany β Morocco | Remitly (2.51 %) | 3.36 points | See details |
| United States β India | Wise (1.57 %) | 2.74 points | See details |
| United States β Kenya | Remitly (1.47 %) | 2.12 points | See details |
| United Kingdom β Ghana | Remitly (1.20 %) | 1.96 points | See details |
| United Kingdom β Bangladesh | Remitly (1.07 %) | 1.76 points | See details |
| United States β Philippines | Wise (1.71 %) | 1.55 points | See details |
| United States β Colombia | Wise (3.10 %) | 1.43 points | See details |
| United States β Canada | Remitly (0.54 %) | 1.30 points | See details |
| United Kingdom β India | Wise (0.66 %) | 1.24 points | See details |
| Germany β Nigeria | Remitly (-2.90 %) | 1.22 points | See details |
| United Kingdom β Kenya | Remitly (1.45 %) | 1.10 points | See details |
| United States β United Kingdom | Remitly (0.51 %) | 0.94 points | See details |
| United Kingdom β Nigeria | Remitly (-2.56 %) | 0.79 points | See details |
| Germany β China | Wise (4.08 %) | 0.40 points | See details |
| United Kingdom β South Africa | Remitly (2.44 %) | 0.39 points | See details |
| Germany β Turkey | Wise (2.90 %) | 0.29 points | See details |
| United Kingdom β Pakistan | Wise (0.94 %) | 0.09 points | See details |
| United Kingdom β Philippines | Remitly (1.09 %) | 0.08 points | See details |