Remitly Fee Calculator

Calculate Remitly transfer fees for international money transfers. See what a bank deposit, a mobile wallet or a cash pickup costs on your corridor, and what the exchange rate adds on top.

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Calculate Transfer Fees

Calculate your Remitly transfer cost by destination, amount and payout method

You Send

From Country

Amount to Send

$USD

Recipient Gets

To Country

Enter an amount to see the estimate

Remitly Fee Structure

Rate markup: 0.107%Estimate · verified 2026-09-08

* Estimated typical cost: the live mid-market rate minus this provider's typical exchange-rate markup, plus its typical fee. Real cost varies by corridor, amount, delivery and payment method, and promotions — check the provider for a live quote.

Also worth checking: Wise

Wise uses the real mid-market rate with one clear fee and no markup hidden in the exchange rate. Worth a look before you send.

See Wise’s rate

Remitly is a leading digital money transfer service that specializes in international remittances to developing countries. Founded in 2011, Remitly has become a trusted platform for millions of people sending money to family members abroad, particularly in Latin America, Southeast Asia, and Africa. The company went public in 2021 (NASDAQ: RELY) and says it moved more than $86 billion in the last 12 months, delivering to more than 175 countries.

What sets Remitly apart is their focus on major remittance corridors and user-friendly mobile experience. Their pricing is not a speed menu. The fee follows how your recipient is paid, how much you send, and how you fund the transfer. That is why the same $500 to the Philippines costs nothing if it lands in your recipient's account and $4.99 if they collect it in cash.

Our Remitly fees calculator helps you compare the real cost of a transfer before you commit, so you can pick the payout method that leaves the most in your recipient's hands. Whether you are supporting family abroad or making business payments to international partners, calculate your exact costs before sending money through Remitly.

This calculator provides live exchange rates across Remitly's destination countries. Since Remitly is a publicly traded company (NASDAQ: RELY) with billions in annual transfers, their rates are competitive for major corridors like US to India, Mexico, or Philippines. Two things drive what you pay: the transfer fee, which is $0 to $4.99 depending on the corridor and payout method, and the exchange-rate markup, which we measure between at or better than mid-market and about 5.3% and which costs more than the fee on any sizeable transfer.

How Remitly Fees Are Calculated

Remitly does not price delivery speed separately, so there is no slow-and-free option to trade against a fast-and-paid one. What you pay is set by three things: how your recipient collects the money, how much you send, and how you fund the transfer. The payout method is usually the biggest of the three.

What the payout method costs:

Bank deposit, debit card, mobile money

• The cheapest option on every corridor
• Free to the Philippines and to Nigeria in naira
• $1.99 to Mexico
• $3.99 to India under $1,000, then free
• Best for almost everyone

Cash pickup and home delivery

• The most expensive option almost everywhere
• $3.99 to Mexico
• $4.99 to the Philippines and Colombia
• Worth it only if your recipient has no account
• Same delivery speed as a bank deposit

Remitly's fees are flat rather than percentage-based, which makes them progressively less significant as the amount rises - and several corridors remove the fee entirely above a threshold. The exchange-rate markup does not go away, though. Across the 60 US corridors we sample it runs from at or better than mid-market up to about 5.3%, and on any transfer of a few hundred dollars or more it costs you more than the fee does.

Example: $500 Transfer to Mexico

Same amount, same country, same arrival time, and your recipient ends up with the same pesos either way. The only thing that moves is what it costs you to send.

Bank deposit:

• Transfer amount: $500
• Transfer fee: $1.99
• Rate markup we measure: ~1.03%
• Recipient receives: the same either way
• Total cost: $501.99

Cash pickup:

• Transfer amount: $500
• Transfer fee: $3.99
• Rate markup we measure: ~1.03%
• Recipient receives: the same either way
• Total cost: $503.99

Remitly Fees by Corridor (2026)

Destination	Paid into an account or wallet	Paid out in cash	Rate markup we measure
US to India (INR)	$3.99 under $1,000, then free	Not separately quoted	~0.11%
US to Mexico (MXN)	$1.99	$3.99	~1.03%
US to Philippines (PHP)	Free	$4.99	~0.93%
US to Colombia (COP)	Free-$3.99 under $500, then free	$4.99 under $500, then free	~1.17%
US to Nigeria (NGN)	Free in naira	Not separately quoted	At or better than mid
Most other corridors	Varies by rail	Usually the most expensive	0.102-19.029%

Fees are Remitly's published prices. Rate markups are our own measurement, taken by sampling Remitly's quotes against the mid-market rate across 1,028 corridors and 18 sending currencies, most recently on 2026-09-08. There is no speed column because Remitly does not price delivery speed: cash pickup costs more, it does not arrive sooner. Nigeria's $3.99 applies only where your recipient is paid in US dollars and you fund the transfer by card; paid in naira it is free. Fees also vary with how you fund a transfer, so confirm the live quote before sending.

Using the Remitly Fee Calculator

Our Remitly fees calculator helps you see the true cost of a transfer, fee and exchange-rate markup together. Enter your transfer amount and destination to see the fees, exchange rates, and final amount received. This matters most when you are deciding how your recipient should collect the money, which is the choice that actually moves the price.

Calculator Benefits:

Cost by payout method
Total cost including exchange rates
Multiple destination countries
Real-time rate estimates

Best For:

• Family remittances
• Emergency money transfers
• Regular support payments
• Business payments to Latin America/Asia
• Comparing transfer options

The calculator is particularly useful around the thresholds where a corridor stops charging a fee - $1,000 to India, $500 to Colombia - because just under one of them a slightly larger transfer can cost you less in total. On bigger amounts the flat fee fades into irrelevance and the exchange-rate markup is the number worth comparing.

Comparing Remitly with Other Options

Remitly is particularly competitive for transfers to major remittance destinations like Mexico, Philippines, India, and Latin America. Their fees are often lower than traditional money transfer companies like Western Union or MoneyGram, especially for larger amounts. However, services like Wise might be cheaper for transfers to developed countries with better infrastructure.

Remitly vs Competitors:

Remitly Strengths:

• Fixed, predictable fees
• Strong focus on major remittance corridors
• User-friendly mobile app
• Multiple delivery options (bank, cash pickup)
• No surcharge for a faster transfer

Considerations:

• Exchange rate markups up to ~5.3%
• Remittance corridors, not full global coverage
• Higher fees for some developed countries
• Cash pickup costs several dollars more
• Less competitive for small amounts

For regular remittances to family abroad, Remitly's consistent pricing and reliable delivery make it an excellent choice. However, for business transfers or one-off payments to countries like those in Europe, Wise or traditional banks might offer better rates. Consider your specific corridor, transfer frequency, and urgency needs when choosing.

Tips to Save on Remitly Fees

Choose the Right Payout Method:

• Bank or mobile wallet beats cash pickup
• Cash pickup adds $2-$5 and saves no time
• Ask if your recipient can open a wallet

Optimize Transfer Size:

• Send larger amounts less frequently
• Clear the fee threshold where there is one
• Above it, only the rate markup matters

Payment Methods:

• Use bank transfers for lower fees
• Avoid credit cards when possible
• Check for promotional rates

Delivery Options:

• Bank deposits often have best rates
• Cash pickup may have additional fees
• Mobile wallet delivery when available

Pro Tip:

Sign up for Remitly's promotional emails to get notified about special rates and fee discounts. New customers often get their first transfer free or at reduced rates, which can provide significant savings on your initial transactions.

Frequently Asked Questions

How much does Remitly charge for international transfers?

The fee follows how your recipient is paid and how much you send, not a delivery speed. A bank deposit to Mexico is $1.99 while cash pickup is $3.99; a bank deposit to the Philippines is free while cash pickup is $4.99; India is $3.99 under $1,000 and nothing from $1,000 up. On top of any fee, Remitly adds a margin to the exchange rate, which we measure between at or better than mid-market and about 5.3% across the US corridors we sample.

Does Remitly charge more for a faster transfer?

No. Remitly does not price delivery speed separately - the fee is set by how your recipient is paid, the amount, and how you fund the transfer. Remitly says more than 90% of its funded transfers are delivered in under an hour, with most arriving in seconds.

Which countries does Remitly serve?

Remitly delivers to more than 175 countries, according to Remitly, with a focus on major remittance corridors. Popular destinations include Mexico, Philippines, India, Guatemala, Nigeria, Bangladesh, and most of Latin America, Southeast Asia, and parts of Africa and Europe.

Is Remitly safe and regulated?

Yes, Remitly is regulated by financial authorities and licensed in all states where it operates. The company is publicly traded (NASDAQ: RELY), uses bank-level security, and says it moved more than $86 billion in the last 12 months. Customer funds are protected and segregated.

Does Remitly charge a fee?

Sometimes, and it depends on how your recipient collects the money rather than how fast it arrives. Paying naira into a Nigerian account or Philippine pesos into a Philippine account costs nothing; a bank deposit to Mexico is $1.99; cash pickup is the most expensive option on almost every corridor, at $3.99 to $4.99. Several corridors drop the fee above a threshold - $1,000 to India, $500 to Colombia. On top of any fee, Remitly adds a margin to the exchange rate, which we measure between at or better than mid-market and about 5.3% across the US corridors we sample.

How much does Remitly charge to send money to India, Mexico or the Philippines?

To India it is $3.99 on transfers under $1,000, whichever way you fund it, and no fee at all from $1,000 up; the markup we measure there is about 0.25%, among the thinnest on any Remitly route we track. To Mexico a bank deposit, debit card deposit or mobile money is $1.99 and cash pickup is $3.99, with a markup near 1%. To the Philippines a bank deposit, debit card deposit or mobile money is free and cash pickup or home delivery is $4.99, and the markup runs near 1.6%. Enter your amount and country in the calculator above for the exact, live figure.

What is the Remitly exchange rate?

Remitly starts from the mid-market rate and adds a markup. Across the 60 US corridors we sample it runs from at or better than mid-market up to about 5.3%: roughly 0.25% to India, near 1% to Mexico and about 1.6% to the Philippines. New customers usually get a promotional rate at or near the true mid-market rate on their first transfer. The exact rate is locked when you confirm, and the calculator above shows what your recipient will receive.

What is the cheapest way to send money with Remitly?

Have the money paid into a bank account or mobile wallet rather than collected as cash - cash pickup carries the highest fee on almost every corridor, and on the Philippines it is the difference between nothing and $4.99. Then check whether your corridor drops the fee above a threshold, as India does above $1,000 and Colombia above $500. On larger transfers the exchange-rate markup costs more than the fee, so compare the amount your recipient actually receives rather than the headline fee.

Last Updated: Pricing collected September 8, 2026. Remitly prices the payout method, not the speed: a bank deposit or mobile wallet runs $0-$3.99 and cash pickup $3.99-$4.99, with the fee dropping away entirely above $1,000 to India and $500 to Colombia. The exchange-rate markup we measure runs at or better than mid-market up to about 5.3%. Verify the live quote in the app.