REMITLY - All required important information of a leading money transfer service provider (2024)

Brief Summary for Remitly (USD to EGP)

Remitly is a well-regarded provider of worldwide remittance services, enabling people to transfer money from the US to Egypt with competitive exchange rates for converting US Dollar to Egyptian Pound. Customer satisfaction is a top priority for Remitly, ensuring secure and encrypted transactions. Remitly is a trustworthy and efficient company that provides fast and secure payment methods, making it a great choice for sending money overseas. Additionally, the company has received positive reviews from its clients. Since 1885, Remitly has been a dependable peer-to-peer currency exchange platform, offering a speedy, secure, and affordable solution for those needing international money transfers.

Remitly offers several payment methods with best USD to EGP exchange rates. You can either choose to make a card payment, that is, you can use both debit or credit card, or you can choose direct debit or bank ACH. The receiver will get the funds in their bank account, as they do not have any cash pick-up points in Egypt. Irrespective of the payment method, the receiver will get the fund in their bank account in about 4 to 5 business days. You can send up to $30000 USD. For Direct Debit, the fee is $3.99 USD for transactions between $10 and $999 USD, and there is no fee for transactions between $1000 and $30000 USD. A noteworthy point is that the card transfer may not have competitive exchange rates compared to its counterparts, and the currency exchange rate may vary depending on the amount being transferred.

Remitly is a global remittance service provider that offers competitive exchange rates for converting US Dollars to Egyptian Pounds. Additionally, the company provides referral programs and loyalty promotions to existing customers who want to send money to Egypt.