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Wise or Remitly?
We record rates for both services on 37 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 26 of the 37 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 (1.58%) | 11.24 points | See details |
| Canada β Haiti | Remitly (7.23%) | 10.47 points | See details |
| United States β Haiti | Remitly (4.79%) | 7.50 points | See details |
| Germany β Ethiopia | Remitly (5.47%) | 6.67 points | See details |
| France β Algeria | Remitly (5.11%) | 6.37 points | See details |
| United Kingdom β Ethiopia | Remitly (2.01%) | 6.32 points | See details |
| Italy β Tunisia | Remitly (4.15%) | 5.06 points | See details |
| France β Tunisia | Remitly (4.30%) | 4.66 points | See details |
| Germany β Tunisia | Remitly (4.52%) | 4.64 points | See details |
| Canada β Morocco | Remitly (3.95%) | 4.64 points | See details |
| France β Morocco | Remitly (1.18%) | 4.63 points | See details |
| United States β Mexico | Wise (2.17%) | 4.10 points | See details |
| Germany β Morocco | Remitly (1.89%) | 3.96 points | See details |
| Spain β Morocco | Remitly (2.30%) | 3.56 points | See details |
| United States β India | Wise (1.81%) | 2.65 points | See details |
| United States β Colombia | Wise (3.90%) | 2.11 points | See details |
| United States β Kenya | Remitly (1.54%) | 2.09 points | See details |
| Germany β Bangladesh | Remitly (1.05%) | 1.78 points | See details |
| United States β Canada | Remitly (0.57%) | 1.31 points | See details |
| United States β United Kingdom | Remitly (0.34%) | 1.23 points | See details |
| United Kingdom β India | Wise (0.49%) | 1.20 points | See details |
| Germany β India | Wise (1.64%) | 1.17 points | See details |
| France β Nigeria | Wise (-1.46%) | 1.05 points | See details |
| United Kingdom β Kenya | Remitly (1.40%) | 1.01 points | See details |
| United Kingdom β Bangladesh | Remitly (1.15%) | 0.92 points | See details |
| United States β Philippines | Remitly (1.18%) | 0.65 points | See details |
| Germany β Ghana | Remitly (2.33%) | 0.63 points | See details |
| Spain β Colombia | Wise (1.93%) | 0.59 points | See details |
| United Kingdom β Nigeria | Remitly (-2.94%) | 0.46 points | See details |
| Germany β China | Wise (4.26%) | 0.38 points | See details |
| United Kingdom β South Africa | Remitly (3.25%) | 0.28 points | See details |
| Germany β Turkey | Wise (2.57%) | 0.25 points | See details |
| United Kingdom β Pakistan | Wise (0.86%) | 0.20 points | See details |
| United Kingdom β Philippines | Remitly (1.76%) | 0.05 points | See details |
| Germany β Nigeria | Remitly (-1.57%) | 0.03 points | See details |
| United States β Nigeria | Wise (-0.46%) | 0.02 points | See details |
| United Kingdom β Ghana | Remitly (2.24%) | 0.00 points | See details |