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Unlock the future of currency exchange with our advanced machine learning platform. Get accurate predictions for future exchange rates and effortlessly compare top money transfer services—all for free. Optimize your financial decisions with real-time insights and secure the best rates with ease. Join us and navigate foreign exchange smarter.

FEATURES

Why Remitanalyst?

Realtime

Free live currency exchange rates from a dozen of leading money transfer service providers

Save Money & Time

A one stop platform for comparison of best remittance providers saves valuable time while future expected exchange rates saves money

Compatibility

Supports all modern mobile devices, tablets and desktop browsers for the best optimum use and better user experience

Infographics

Graphical information makes user easy to understand, analyse and decide the best remittance service

Analytics

World's first innovative machine learning technology to predict future exchange rates based on strong analytics

Transparency

A high precision calculator gives final receivable amount by including all sneaky and hidden charges

RemitAnalyst’s mission is centered around providing value by offering an efficient, unbiased, and user-friendly platform for comparing international money transfer services. This mission supports users in making well-informed choices that optimize their money transfers in terms of cost, speed, and reliability. Whether it’s sending money to family, friends, or for business purposes, RemitAnalyst seeks to ensure that every transaction offers the best possible benefit to the sender.

HOW IT WORKS?

Easy 4 Steps

  1. Select Amount

    • Enter the Amount: Input the amount of money you want to send.
    • Select Source and Destination Countries: Choose the countries where you are sending the money from and to.
    • Choose Payment Sending Method: Select your preferred payment method (Bank ACH is set as default).
    • Click 'COMPARE': Press the 'COMPARE' button to see the options.
  2. Choose Preferred Sorting

    • Sort Results: Click on the appropriate sorting option based on your preference. You can sort by:
    • Best Rate
    • Fastest
    • Both Best Rate and Fastest
  3. Check Predicted Rate and Current Rate

    • WAIT: Pause and check if the current rate matches or exceeds the predicted rate.
    • Look for the Thumbs Up Symbol: The RemitAnalyst Thumbs Up symbol indicates a good deal based on our analytics.
  4. Review Deals, Rates, and Time

    • Review Comparison Results: Examine the displayed results to find the best deal.
    • Pick the Best Deal: Choose the option that best suits your needs.
    • Click 'SEND': Click the 'SEND' button to go directly to the money transfer service provider's website and complete your transaction.

FAQs

Frequently Asked Questions

About RemitAnalyst

How is RemitAnalyst useful?

RemitAnalyst is a valuable tool for anyone looking to send money abroad. It aggregates data from various money transfer service providers, allowing users to compare exchange rates, fees, and transfer times. Additionally, it provides predictions for future exchange rates, helping users to make informed decisions and save money.

Why should I compare rates before sending money abroad?

Comparing rates before sending money abroad ensures you get the best possible deal. Exchange rates and fees can vary significantly between providers, and choosing the right one can save you a substantial amount of money. RemitAnalyst makes this comparison easy and efficient.

How can I get the best exchange rate?

To get the best exchange rate, use RemitAnalyst to compare the rates offered by different providers. Check the current and predicted rates, and look for the thumbs-up symbol indicating a good deal. Timing your transfer when rates are favorable can also help you secure a better rate.

Can I transfer money using RemitAnalyst?

No, RemitAnalyst is not a money transfer service itself. It is a comparison platform that helps you find the best money transfer service provider. Once you find the best deal, you will be redirected to the provider’s website to complete the transfer.

Are all rates 100% accurate?

No, exchange rates change every second and may vary. RemitAnalyst utilizes the rates provided by money transfer services, and there could be discrepancies. Always double-check the rate on the provider's website before completing the transfer.

What is RemitAnalyst not for?

RemitAnalyst is not for conducting the actual money transfer. It is a tool for comparing rates and services to help you choose the best provider. For the actual transfer, you will need to visit the chosen provider's website.

Exchange Rates

What is the mid-market rate?

The mid-market rate, also known as the interbank rate, is the midpoint between the buy and sell prices of two currencies. It is the fairest exchange rate you can get and is often used as a benchmark for currency conversions.

How often do exchange rates fluctuate?

Exchange rates fluctuate constantly, influenced by various factors such as economic data, geopolitical events, and market speculation. These fluctuations can occur multiple times within a single day.

What affects exchange rates?

Exchange rates are affected by numerous factors, including economic indicators (like inflation and interest rates), political stability, market speculation, and differences in economic performance between countries.

How does the currency exchange market work?

The currency exchange market, or forex market, is a global decentralized market for trading currencies. It operates 24/7 and is driven by supply and demand. Banks, financial institutions, corporations, and individual traders participate in this market, influencing exchange rates through their buying and selling activities.

Fees, Time, and Payout Methods

Can I send money using a credit card?

Yes, many money transfer services allow you to send money using a credit card. However, this method may incur higher fees compared to other payment methods such as bank transfers.

Can I send money using a debit card?

Yes, sending money using a debit card is commonly supported by most money transfer services. It is often quicker and may have lower fees compared to using a credit card.

What is the best method to send and receive money abroad?

The best method to send and receive money abroad depends on your priorities, such as speed, cost, and convenience. Bank transfers are typically cost-effective for large amounts, while online transfer services like PayPal, TransferWise, and others offer speed and ease of use for smaller amounts.

What is the typical fee structure?

Fee structures vary by provider but generally include a fixed fee, a percentage of the transfer amount, or a combination of both. Some providers may also charge a margin on the exchange rate. It's important to compare these fees on RemitAnalyst to find the best deal.

What is the average time to receive money?

The time it takes to receive money depends on the transfer method and provider. Bank transfers typically take 1-5 business days, while online transfer services can often deliver funds within minutes to a few hours.

What documents are required?

The documents required for a money transfer vary by provider and destination country. Generally, you will need a valid government-issued ID, and in some cases, proof of address and the recipient’s banking details.

PARTNERS & AFFILIATES

Global money transfer services

TESTIMONIALS

Smile that matters

I do freelancing work for multiple US based clients. RemitAnalyst helps me to compare various remittance providers with fees and hidden charges. I always get the best exchange rates for my payments in dollar amounts through my preferred money exchange portal.

Priyanka B.

Freelancer

Saved more than ten thousand INR by just following the expected future exchage rates. Prediction is very accurate. Moreover, free to use. Completly fair comparison between money transfer services. What else we need? Great job RemitAnalyst team.

Jaimin K.

Software Engineer

Very neat, fast and agile tool with options of sorting and filtering that fulfill my needs. Instead of jumping from website to website to get best exchage rate to send money to india (USD to INR), I compare exchage rates daily on RemitAnalyst and it saves my time.

Hasita K.

PhD Student