Remitly's money transfer app is designed to benefit individuals who frequently send funds to international friends and family. The app, available for free download, allows senders in over 20 countries to transfer money to friends and family in over 160 countries.
Different transfer methods are provided based on the country, including bank account, credit card, or debit card. Recipients can access their funds through over 3,000 banks or 350,000 pickup locations, with options for mobile or home delivery of cash. This doesn't ends here, to start using the app there are many to consider about it first.
Is remitly app safe for making transactions?
This is the main thing to consider first about the app. How reliable is this app in sending money internationally?
Yes the app is safe for sending money, but how will you feel if your funds get stuck on the app?
To start using this app, you should have all these in the back of your mind to avoid regretting.
Transactions failure:
Planning to start using this app for sending money to your family and friends? How will you feel if at sending money successfully but it never gotten to your recipient?
This information is very true and that is why we include it here just to bring it to your notice.
This is one important thing to beware of before using the app, you might try to send money to someone, only for the app to show you it's successful meanwhile it is never, and you will have to contact customer support for investigation that might cause you to wait for 7 business days (depending). Have this in mind because it has happened to many users. Also have it in mind that if you encounter any transaction failure and decide to cancel, it might take you up to 10 business days to receive a refunds.
Account locked.
This is one important thing to keep in mind, this app does (not) really cares about users accounts.
Your account might got locked unexpectedly if any suspicious activities are detected and before you can unlock it, you will have to pass through all sources of identity verification just to recover back your account.
In some cases, your payment may be hold, blocking you from sending funds to whosoever you wanted to send to, have in mind that this was written base on the information we got from users, and you should clearly have this in mind and make a good decision.
Is this app scam?
No, we have no right to place the word "scam" on the app. Below are some important things to know about the app and why we see it as a legit app.
• Exist for over 3 years.
This is one of the reasons why this app is marked as a legitimate app.
Remitly app has exist for over 3 years. With the app, you can easily send money from your current location to people in other countries.
During recent research about the app, there was no valid information found to use and say the app is scam.
If you face any issue while using the app, it is recommended to contact your account manager for better assistance. The app was released since 13th of August 2019.
Remitly transactions fee.
Remitly offers a user-friendly platform for sending money abroad, with no charge for setting up an account. However, they do have transaction fees that vary based on the recipient's country and the exchange rate. Credit card transfers from the US are subject to a 3% fee.
Senders can transfer funds ranging from $2,999 to $60,000, depending on the sending window: 24 hours, 30 days, or 180 days.
The lowest limit during a 30-day period is $2,999, while the highest limit during a 180-day period is $60,000. To request a higher limit, one can contact Remitly in the "sending limits" section of their account, providing required information or documentation. Approval typically takes 48 hours.
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