Best way to send money home — Wise vs Remitly vs traditional bank?

Question

Wise has been most consistent for me. Anyone tried Revolut for remittance?

Dr. Imran Qureshi · Answer

Wise has been reliable for me to India. The rate is close to mid-market and transfers usually complete in a few hours.

Dr. Khadija Ndiaye · Answer

Remitly is good for promotions, but check the total cost including fees. Sometimes the 'no fee' rate is worse than Wise.

Dr. Yesh Jitesh · Answer

Avoid high street banks for regular transfers. The rates are terrible. I use Wise for monthly family support and have saved a lot.

3 replies