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About
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How to send money abroad using Remitly? Is it the best options available? How much time it will take to reach the recipient? Is it safe to transfer money online? All these thoughts hit your mind when you start using the money remittance services. But now you need not to worry because the experts of >>More |
If you are looking for sending money to India and want to compare the best money remittance company, then you are at right place. At Exchange Rate IQ, we deliver you the reviews of money remittance services after doing in-depth research on them, looking after their customer satisfaction and reliabil >>More |
Thinking of using a remittance service to transfer funds across borders and not able to find a proper review. Here at Exchange Rate IQ, we provide you with the best-unbiased reviews in a precise manner which are based on long research, customer satisfaction and authenticity. Therefore, we have bough >>More |
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Language
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English, French, Spanish, Vietnamese" |
English |
English, Danish, Dutch, Spanish, French, Nederlands |
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Pros
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- Its express services transfer money across the world within minutes
- Multiple payout methods
- It has partnership with big banks in various countries so recipients can collect money from any participating bank.
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- Offers instant transfers which reach to a beneficiary in an hour
- Transparent process with no hidden fees
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- 24/7 customer support available in more than 20 countries
- No minimum transfer limit
- Ease to use website and apps.
- Competitive exchange rates with multiple sending and receiving options
- Have an online calculator so that you can get an accurate quote.
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Cons
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- Has a high transfer fees and profit margin
- No in-person customer support.
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- No apps available
- Transfer money only to India and offer services only to NRIs
- Support bank-to-bank transfers only
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- Have a low maximum transfer limit of $10,000
- Does not offer business transfer
- The transfer fee is not fixed and changes according to the currency, type of transfer and mode of payment.
- Not all transfer methods are available for all countries.
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