Why Choose Remitly for Money Transfers? Understand Its Advantages, Fees, and Transfer Methods

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When you choose Remitly, you can experience several significant advantages. Remitly offers extremely fast transfers, with funds arriving in minutes using the Express option. The platform is transparent with fees, with no hidden costs, and first-time remittances come with exclusive discounts. You can send money directly to Alipay and WeChat, meeting the needs of recipients in China/Mainland China. Remitly’s user base continues to grow, with 8 million active global customers in Q2 2025, sending a cumulative $16.2 billion. The service quality receives high user praise, with a customer retention rate of up to 90% and near-perfect app ratings.

Key Takeaways

• Remitly provides fast remittance services, with funds arriving in minutes, meeting urgent needs.
• The platform offers transparent fees, clearly displaying all costs before the transfer, avoiding hidden charges.
• It supports transfers to Alipay and WeChat, making it convenient to send funds directly to China/Mainland China.
• First-time users can enjoy exclusive discounts, reducing remittance costs and experiencing efficient service.
• Remitly prioritizes security, using advanced encryption to protect user funds and information.

Advantages of Choosing Remitly

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Transfer Speed

When you choose Remitly, you can experience extremely fast transfer speeds. The platform offers multiple transfer options to meet different needs. The table below shows the average delivery times for various transfer methods:

You can choose the appropriate service based on your urgency. For example, with the Express option, funds can arrive in minutes. Remitly’s speed stands out among similar platforms. Many competitors like Pesa and Ria also offer fast services, but Remitly allows you to flexibly balance speed and cost, meeting various remittance needs.

Transparent Fees

By choosing Remitly, you can clearly understand the fees for each transfer. The platform displays all costs, including small transfer fees and exchange rate margins, before you send money. You can review the fee breakdown before confirming the transfer, ensuring no hidden costs. Exchange rates are updated in real-time before confirmation, avoiding unexpected expenses. Remitly’s fee structure is as follows:

• Clearly displays fees and exchange rates, ensuring fee transparency.
• Fees vary based on the sending and receiving country, amount, delivery speed, and payment method.
• You can compare different options at any time to choose the most suitable plan.

This transparency makes you feel confident when choosing Remitly, avoiding issues caused by unclear fees.

Support for Alipay and WeChat Transfers

You can use Remitly to send funds directly to Alipay or WeChat accounts in China/Mainland China. The platform supports multiple receiving methods to meet diverse user needs. The table below shows the required information:

You only need to provide the recipient’s basic information to complete the transfer. Remitly makes it easy to send funds to China/Mainland China without complex operations. This feature is highly convenient for users with family, friends, or business partners in China/Mainland China.

First-Time User Discounts

When you use Remitly for the first time, you can enjoy exclusive discounts. The platform offers new customers significant transfer fee reductions or faster delivery options. You can register with a promo code or referral link to receive discounts or free transfers. The specific discount amount varies by region and is typically in USD. Remitly and other platforms like Paysend offer first-time user discounts, but Remitly’s terms are more flexible and cover a wider range. By choosing Remitly, you can experience efficient remittance services at a lower cost.

Personalized Experience

Remitly offers you a personalized remittance experience. The platform’s interface is intuitive and easy to use, allowing you to complete international transfers effortlessly. The app supports transaction tracking and notifications, helping you stay updated on transfer status. You can set a remittance schedule, and the system will send push notifications at the scheduled time. The platform allows you to customize payment methods and language preferences, save frequently used recipient information, and improve operational efficiency. Remitly also personalizes settings based on your behavior, letting you choose the most suitable remittance options. Many users report that Remitly focuses on meeting the needs of diverse customer groups, especially immigrants, international students, and small businesses. When choosing Remitly, you can enjoy services tailored to your needs.

Security Assurance

When you choose Remitly, you can trust that your funds and information are secure. The platform uses advanced encryption to protect your personal and financial data. Every transaction employs industry-standard encryption protocols to ensure security. Remitly implements multiple layers of security measures, including fraud detection systems and secure login processes. The platform monitors transactions 24/7 to ensure fund safety. You can confidently use Remitly for international remittances without worrying about data breaches or financial risks.

By choosing Remitly, you not only enjoy efficient, transparent, and convenient remittance services but also benefit from robust security and a personalized experience. Whether you’re an immigrant, international student, or small business owner, Remitly provides an ideal remittance solution.

Fee Breakdown

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Transaction Fees

When using Remitly for remittances, you can clearly see the transaction fees for each transfer. Remitly charges fees based on the transfer amount, receiving country, receiving method, and payment method. For example, fees differ for bank account transfers versus cash pickups. The platform displays the exact fees before you confirm the transfer, typically in USD. According to third-party reports, Remitly’s fees for cash transfers and bank deposits are low, making it ideal for frequent remittances to China/Mainland China.

You can choose different service methods based on your needs, and the platform will inform you of all fees in advance, avoiding unexpected costs.

Exchange Rates

When choosing Remitly, you can access real-time updated exchange rates. Remitly adjusts rates based on market changes, ensuring you see the latest exchange rates before transferring. The platform typically applies a margin below the mid-market rate. The specific margin varies by country, transfer method, and amount. You can access the latest exchange rate information before confirming the transfer to make the best decision.

• Remitly’s exchange rates are updated in real-time, allowing you to stay informed of the latest conversion rates.
• The rate margin is typically below the mid-market rate, but the exact value varies by transfer method and amount.
• The mid-market rate is the “true” rate, but individual remittances usually cannot access it. Some platforms like Wise use the mid-market rate but may offset profits through other fees.

You can flexibly choose the combination of exchange rates and fees to optimize cost-effectiveness.

No Hidden Fees

When using Remitly for remittances, you can rest assured there are no hidden fees. The platform clearly displays all costs, including transaction fees and exchange rate margins, before the transfer. According to third-party reports, Remitly offers some of the lowest total fees with a transparent structure. You can understand all costs upfront, avoiding additional expenses.

• Remitly claims no hidden fees, with all costs disclosed in advance.
• The platform offers the lowest fees for cash transfers and bank deposits, ideal for frequent remitters.
• Exchange rate margins are shown directly in the rate column, making it easy to compare costs across platforms.

You can confidently choose Remitly, enjoying a transparent fee structure and clear cost information.

First-Time Discounts

When you use Remitly for the first time, you can receive exclusive discounts. The platform offers new customers transfer fee reductions or better exchange rates. You simply need to enter a promo code or use a referral link during registration to enjoy the discount. Note that first-time discounts are for new customers only, limited to one per person, and cannot be combined with other offers. Promotions have time restrictions, typically valid within a specified period. Canceled or insufficiently funded transfers will disqualify eligibility.

• First-time discounts are for new customers only, limited to one per person.
• The promotion period runs from July 31, 2025, 12:00 PM to September 22, 2025, 11:59 PM PST.
• After participating in the first-time discount, you cannot join other Remitly promotions.

You can take advantage of the first-time discount to experience Remitly’s efficient remittance service at a lower cost.

Platform Comparison

When choosing a remittance platform, you can compare Remitly with other major platforms’ fee structures and exchange rate policies. The table below shows the main fee differences between Remitly, Western Union, and Wise:

You can see that Remitly’s fee structure is transparent, with lower exchange rate margins (about 1-2%), suitable for users needing fast transfers. Western Union’s fee structure is more complex, with higher rate margins (about 2-4%), and overall costs are typically higher than Remitly. Wise uses the mid-market rate with low service fees, ideal for users prioritizing maximum cost transparency.

You can flexibly choose the most suitable remittance platform based on your needs. If you value transfer speed and fee transparency, Remitly is a cost-effective option.

Remittance Methods

Bank Transfer

You can use Remitly to send funds directly to bank accounts in China/Mainland China. The platform supports multiple banks, including licensed Hong Kong banks and major commercial banks. You only need to enter the recipient’s name, bank account number, and bank details. Funds typically arrive in 1-2 business days, depending on the bank’s processing speed. Bank transfers are ideal for users needing to securely send large amounts to China/Mainland China. Remitly’s interface is simple, allowing you to complete the transfer in a few steps.

Cash Pickup

You can choose to let recipients pick up cash at partner locations in China/Mainland China. Remitly collaborates with multiple financial institutions, covering major cities. Recipients need a valid ID and the transfer reference number to collect cash at designated locations. Cash pickup is suitable for recipients without bank accounts or those needing quick access to cash. The platform displays all related fees and location information before the transfer, helping you make an informed choice.

Alipay Transfer

You can send funds directly to a recipient’s Alipay account. Simply provide the recipient’s name and Alipay ID, and Remitly will complete the transfer automatically. Funds typically arrive in minutes, ideal for urgent payment scenarios. Alipay transfers are highly convenient for family, friends, or business partners in China/Mainland China. Remitly’s user-friendly interface makes the process seamless with just a few clicks.

WeChat Transfer

You can use Remitly to send funds to a recipient’s WeChat account. Simply enter the recipient’s name and the phone number linked to their WeChat account. Funds arrive quickly, usually within minutes. WeChat transfers are ideal for daily payments and small transfers. The platform displays real-time exchange rates and fees, so you clearly understand each transfer’s cost.

Mobile Wallet

You can also choose to send funds to mobile wallets in China/Mainland China. Remitly supports various mobile payment tools to meet diverse user needs. Mobile wallet transfers are ideal for recipients without bank accounts but who use mobile payments. You simply select the wallet type and enter the recipient’s information, and the platform completes the transfer automatically.

Remitly’s user interface simplifies the remittance process. You can easily choose bank transfers, cash pickups, Alipay, WeChat, or mobile wallet options. With just a few clicks, funds can be securely sent to China/Mainland China, with fees and exchange rate information clearly displayed.

Applicable Scenarios

You can choose different remittance methods based on your actual needs. Bank transfers are suitable for large amounts and business purposes. Cash pickups are ideal for recipients without bank accounts. Alipay and WeChat transfers are perfect for daily payments and transfers to family or friends. Mobile wallets suit younger users and those accustomed to mobile payments. By choosing Remitly, you can flexibly address various remittance scenarios, enjoying efficient and convenient services.

User Experience and Security

Operational Convenience

When using Remitly, you can experience a very streamlined operational process. The platform’s interface is intuitive, with all functions clearly presented. You can complete a transfer in just a few steps without complex settings. The platform supports multiple languages, allowing you to choose your preferred interface. Transaction tracking lets you monitor fund status at any time. You can save frequently used recipient information to reduce repetitive input. For users needing frequent remittances to China/Mainland China, Remitly’s operational experience is very user-friendly. You can easily complete all operations on your phone or computer, efficiently transferring money from anywhere.

Customer Service

When you encounter issues, you can contact Remitly’s customer service team at any time. The platform offers 24/7 online support to address any questions during the remittance process. Many users have shared their service experiences on Trustpilot, reflecting real user feedback on Remitly’s services.

• Customer reviews come from Trustpilot, reflecting individual experiences with Remitly’s services.
• These reviews are for reference only and represent individual opinions.
• You can get help via online chat, email, or phone. Remitly values user feedback, continuously optimizing its service process. Any issues you encounter during use will receive prompt responses and professional solutions.

Fund Security

When transferring money, your primary concern is the safety of funds and information. Remitly uses multiple layers of encryption to protect your personal data and transaction information. The platform has obtained several international security certifications, ensuring every transfer meets strict standards. The table below shows Remitly’s main security certifications:

You can confidently use Remitly for international remittances. The platform monitors transactions 24/7, promptly detecting and mitigating risks. Whether you choose bank transfers, Alipay, or WeChat transfers, Remitly ensures your funds’ safety.

Who Should Choose Remitly

Immigrants

If you are an immigrant or expatriate, Remitly can effectively meet your remittance needs. Many immigrants choose Remitly because it offers fast and secure international remittance services. You can easily send funds from the U.S., Canada, or other locations to China/Mainland China, with support for multiple receiving methods. When living abroad, you often need to provide financial support to family. Remitly lets you track transfer progress in real-time, with transparent fees and exchange rates. You can choose confidently without worrying about fund safety or delivery delays.

• Remitly’s primary user base includes immigrants and expatriates.
• These users value transaction speed, reliability, and transparency.
• They need secure and efficient international remittances to support family and loved ones abroad.

International Students

If you are an international student, Remitly is also suitable for you. While studying abroad, you often need to send money to China/Mainland China for tuition or living expenses. Remitly supports multiple payment methods, including bank transfers, Alipay, and WeChat transfers. You can choose the most suitable method based on your needs. The platform is easy to use and transparent, ideal for students without complex financial backgrounds. You can track transfer status at any time, ensuring funds arrive promptly and reducing life’s stresses.

Small Businesses

If you run a small business, Remitly offers efficient cross-border payment solutions. You can use Remitly to pay suppliers or partners in China/Mainland China. The platform supports large transfers with fast delivery and clear fee structures. You can choose bank transfers or mobile wallet options based on business needs. Remitly helps you save time and costs, allowing you to focus on business operations. You can also save frequently used recipient information to improve efficiency.

Reasons to Choose

By choosing Remitly, you gain the following advantages:

Remitly provides secure, convenient, and transparent international remittance services for immigrants, international students, and small business owners. You can choose from multiple receiving methods and track transfer progress in real-time. The platform supports multiple currencies and channels, meeting various scenarios’ needs. When using Remitly, you don’t need to worry about hidden fees or delivery delays, allowing you to focus on family, studies, or business growth.

You can experience the following benefits by choosing Remitly:

• Fast transfers, with funds arriving in minutes.
• Transparent fees, with all costs displayed in USD and no hidden charges.
• Support for multiple remittance methods, including bank transfers, Alipay, and WeChat transfers.
• High platform security with international certifications, ensuring fund safety.
• Suitable for immigrants, international students, and small business owners, meeting diverse needs.

Remitly lets you easily and securely send funds to China/Mainland China. You can choose the most suitable remittance solution to improve fund transfer efficiency.

FAQ

What remittance methods does Remitly support?

You can choose bank transfers, cash pickups, Alipay transfers, WeChat transfers, and mobile wallet options. Each method suits different scenarios, and the platform clearly displays relevant information.

What recipient information is needed for transfers to China/Mainland China?

You need to provide the recipient’s name and bank account details. For Alipay or WeChat transfers, you also need the Alipay ID or phone number linked to the WeChat account.

How long does it take for a transfer to arrive?

When you choose the Express service, funds can arrive in minutes. Standard bank transfers typically take 1-2 business days, depending on the receiving method.

How are Remitly’s fees and exchange rates calculated?

You can see all fees and real-time exchange rates before transferring. Fees and rates vary based on the transfer amount, receiving country, and payment method, with all amounts displayed in USD.

Is remittance secure with Remitly?

When using Remitly, the platform employs multiple layers of encryption to protect your funds and information. Remitly has international security certifications and monitors transactions 24/7 to ensure fund safety.

While enjoying the convenience and efficiency provided by Remitly, are you also looking for ways to further optimize your cross-border remittance experience? Although Remitly offers outstanding services, if you’re seeking a solution that not only provides lower fees and faster transfer times but also brings additional value-added services, BiyaPay might be exactly what you need.

BiyaPay promises fees as low as 0.5% and same-day fund availability—send and receive on the same day. Moreover, it uniquely integrates cross-border remittances with global investment opportunities. After supporting your family, you can directly invest in U.S. and Hong Kong stocks on the same platform—no need for complex overseas accounts. Crucially, you can use our real-time exchange rate calculator before sending to precisely understand every transaction cost. This innovative “remittance + investment” model allows your funds to reach loved ones quickly and grow within global markets, maximizing your asset appreciation.

Choosing BiyaPay is not just about opting for a more economical and efficient remittance method; it’s about embarking on a new chapter of personal financial management. Visit BiyaPay today to start your journey towards global wealth management, ensuring every dollar works harder for you.