What is Remitly App?
Remitly is a digital money transfer service that allows its users to send and receive money online. The Remitly app is available for download on both iOS and Android devices. The app offers a convenient way to send money to loved ones all around the world. Users can choose from a variety of options to transfer funds, including bank deposits, cash pick-ups, and home delivery.
One of the standout features of the Remitly app is its ease of use. The app is designed with simplicity in mind, allowing users to complete transfers quickly and easily. Additionally, the app offers a variety of payment methods, including credit cards, debit cards, and bank transfers.
Another great feature of the Remitly app is its competitive pricing. The app offers low, transparent fees, and favorable exchange rates to make it more affordable to send money abroad. The app also provides real-time updates on exchange rates, fees, and transfer times, helping users to make informed decisions about their transfers.
To ensure the security of its users' transactions, Remitly uses industry-standard encryption technology to protect user data and transactions. Additionally, the app offers a satisfaction guarantee, so if users are not satisfied with their transfer for any reason, they can request a full refund.
In summary, the Remitly app provides a convenient, affordable, and secure option for sending money online. It offers a wide range of transfer options and payment methods, making it easy for users to tailor their transfers to meet their specific needs. With its user-friendly interface and competitive pricing, the Remitly app is a great choice for anyone looking to send money internationally.
Frequently Asked Questions about remitly app
Remitly is an American online remittance service based in Seattle, United States that offers international money transfers to over 150 countries. It was founded in 2011 by Matthew Oppenheimer, Josh Hug, and Shivaas Gulati and became publicly traded on the Nasdaq exchange in September 2021.
digital financial services provider
(NASDAQ: RELY) (“Remitly”), a leading digital financial services provider for immigrants and their families, today announced that it will report second quarter 2023 financial results after the market close on Wednesday, August 2, 2023.
Our trusted network of providers offers thousands of locations and a variety of delivery options for sending money abroad. Choose what's convenient for you and your recipient, including cash pickup, bank deposit, mobile money and home delivery.
Remitly - Send and receive money online from the United States.
To send a transfer to India with Remitly, you'll need the following information from your recipient: Full name. Bank account number. Phone number (if sending SMS updates to your recipient)
Remitly is not a bank. Banking services are provided by Sunrise Banks N.A. The Passbook Visa® debit card is issued by Sunrise Banks N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc. The card can be used everywhere Visa debit cards are accepted.
When you pick up cash in India, you'll need the following: The reference number for the Remitly transfer - you'll either receive a text message from Remitly that includes this number or your sender will share it with you. A valid government-issued photo ID.
Send money worldwide
Remitly gives you options when sending money to India.
Remitly is a financial institution, and similar to your local bank, we conduct account verification. The process ensures you're the only person who has access to your Remitly account and your money is safe at all times.
Without additional ID verification, Remitly caps their transfer amount at $2,999 USD daily and $10,000 USD monthly for India3. So if you need to get an amount larger than this, Wise will be a better option.
You can send up to $2,999 daily, $10,000 monthly, or $18,000 over a 6-month period.
You can send up to $2,999 daily, $10,000 monthly, or $18,000 over a 6-month period.
Remitly has one option for receiving money in India and that is by depositing directly into a bank account. Remitly has a nationwide coverage with over 140 banks across the country, so there is a high likelihood that your bank is serviced by Remitly².
Remitly is not a bank. Banking services are provided by Sunrise Banks N.A. The Passbook Visa® debit card is issued by Sunrise Banks N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc. The card can be used everywhere Visa debit cards are accepted.
Overall: My experience with Remitly has been excellent, I have not had any problems, I highly recommend it. Pros: I really liked the customer service when I have a problem, and that I can make transactions abroad. Cons: Sometimes shipments take time. They could improve that small flaw and it would be excellent.
$2,999 daily
You can send up to $2,999 daily, $10,000 monthly, or $18,000 over a 6-month period.
