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

Brief Summary for Remitly (USD-PKR)

Remitly is a reliable global remittance service that offers competitive rates for converting US Dollar to Pakistani Rupee, making it easy for people to send money from the US to Pakistan. Customer satisfaction is essential to Remitly, and the company assures secure and encrypted transactions. With its efficient payment methods, Remitly is an excellent choice for sending money overseas and has received favorable reviews from its clients. Remitly is a trustworthy peer-to-peer currency exchange platform, providing fast, secure, and affordable solutions for individuals and businesses that need international money transfers.

Remitly offers several payment methods with best USD to PKR 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 Pakistan. 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 offers attractive exchange rates for converting US Dollars to Pakistani Rupee, and it also provides loyalty rewards and referral programs to its current customers who plan to transfer funds to Pakistan.