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

Brief Summary for Remitly (USD to INR)

Remitly is a reliable global money transfer service provider that offers competitive currency exchange rates for converting US Dollars to Indian Rupee, allowing people to send money from the US to India. The company focuses on ensuring customer satisfaction and provides secure transactions. Remitly's efficient payment methods make it an ideal option for sending money overseas, and it has received positive feedback from its clients. As a trustworthy peer-to-peer currency exchange platform, Remitly provides a fast, secure, and affordable solution for those who require international money transfers.

Remitly offers several payment methods with best USD to INR 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 India. 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 dependable company that offers money transfer services worldwide, with attractive rates for converting US Dollars to Indian Rupee. In addition, it provides referral programs and loyalty promotions to its existing customers who intend to send money to India.