Remitly

Remitly is a digital service for international money transfers. People use its app or website to send money to family overseas, and recipients can receive funds in a bank account, in a mobile wallet or at a cash pickup location, depending on the country. A calculator on the site shows what the recipient gets, along with the fee and total before sending.

The vendor reports coverage of many countries for both sending and receiving, with support in multiple languages. Remitly Business is a separate offering for paying global teams, vendors, contractors and partners, with transparent pricing and delivery timelines and several funding methods such as bank accounts, debit cards and credit cards. In some countries, users can also hold and spend digital dollars.

Remitly describes itself as licensed and regulated in the places where it operates, and says it uses several layers of security to protect customer details. It is a hosted commercial service available through mobile apps and the web. Fees and exchange rates vary by route and are shown at the time of transfer.