ForexFee

Remitly vs Wise

Live fee, exchange rate and recipient amount comparison for USD → INR. Pros, cons and licensing in one view.

Today's verdict for USD 1,000 → INR

Remitly wins by INR 821

Remitly delivers INR 94,896, compared with Wise at INR 94,075. Verdicts can flip on different corridors and amounts — always check the live corridor page before transferring.

R
Remitly

Tiered fee + rate markup

Winner today

Cash pickup, mobile wallet, and bank deposit options with a price guarantee.

Fee
Free
Rate
94.8956
Speed
Minutes
Recipient gets
INR 94,896
Founded 2011
Seattle, WA, USA

Pros

  • Cash pickup at thousands of locations across India, the Philippines and LatAm
  • Price-lock guarantee — quoted rate honoured even if it moves
  • Strong mobile app, easy first-time setup

Cons

  • Exchange rate includes a markup
  • Express tier costs significantly more than Economy
  • Customer support response times can vary
Try Remitly
W
Wise

Percentage + flat

Mid-market rate with a transparent percentage fee — no hidden FX margin.

Fee
USD 11.72
Rate
95.1903
Speed
Within hours
Recipient gets
INR 94,075
Founded 2011
London, UK

Pros

  • Uses the real mid-market exchange rate
  • Transparent fee breakdown shown before you confirm
  • Multi-currency account with local bank details in 9+ regions

Cons

  • No cash pickup — bank account required on the receiving end
  • Percentage fee can add up on very large transfers
  • Some less common corridors not supported
Try Wise

Side-by-side comparison

SpecRemitlyWise
Fee modelTiered fee + rate markupPercentage + flat
HeadquartersSeattle, WA, USALondon, UK
Founded20112011
StatusPublic (NASDAQ: RELY)Public (LSE: WISE)
Live USD→INR feeFreeUSD 11.72
Live USD→INR rate94.895695.1903
Recipient gets (USD 1,000)INR 94,896INR 94,075
Typical speedMinutesWithin hours
Top corridorsUSD→INR, USD→PHP, USD→MXNUSD→INR, GBP→INR, EUR→INR

User reviews

Remitly

Read reviews on Trustpilot

Wise

Read reviews on Trustpilot

We don't host our own reviews — we link to Trustpilot so the rating isn't influenced by us.

Frequently asked questions

Other comparisons

Wise vs Xoom →Wise vs MoneyGram →Wise vs Western Union →Remitly vs Xoom →Western Union vs MoneyGram →

Live quotes from Wise's public comparison API, updated every 5 minutes. Provider profiles are based on public information; for pricing, KYC requirements and current promotions always check the provider's official site. Methodology.