Remitly Fee Calculator

Calculate Remitly transfer fees for international money transfers. Compare Express and Economy options to find the best balance of speed and cost for your needs.

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Calculate Transfer Fees

Calculate your Remitly transfer cost for Express and Economy options

You Send

From Country

Amount to Send

$USD

Recipient Gets

To Country

Delivery options

Bank / UPICash pickup

Ways the recipient can be paid in India. The fee shown is for the typical option.

Remitly Fee Structure

Fee: $3.99Rate markup: 0.8%Estimate · verified 2026-06

* 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.

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 has processed over $50 billion in transfers to more than 100 countries.

What sets Remitly apart is their focus on major remittance corridors and user-friendly mobile experience. They offer two service tiers: Express for fast transfers that arrive in minutes, and Economy for cost-conscious users who can wait 3-5 business days. Understanding Remitly fees is important because they vary significantly based on the speed you choose, destination country, and how your recipient receives the money.

Our Remitly fees calculator helps you compare the costs of Express versus Economy transfers, so you can choose the right balance of speed and affordability. Whether you're 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 for Remitly's 100+ destination countries, helping you decide between Express ($3.99, minutes) and Economy ($0-$3.99, 1-3 days) services. 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. Check current rates before choosing your transfer speed: Express costs more (a higher fee and a slightly wider rate markup) for instant delivery, while Economy has the lowest or no fee and a better exchange rate.

How Remitly Fees Are Calculated

Remitly offers two main transfer options with different fee structures. Express transferscost $3.99 and arrive in minutes to hours, while Economy transfers typically cost $0-$3.99 and take 3-5 business days. The exact fees depend on your destination country, payment method, and how the recipient receives the money.

Remitly Service Options:

Express Transfers

• Arrives in minutes to hours
• Higher fee (about $1.99-$3.99)
• Slightly wider rate markup
• Available 24/7
• Best for urgent transfers

Economy Transfers

• Arrives in 3-5 business days
• Often $0 fee
• Better exchange rate (lower markup)
• Business hours processing
• Best for cost savings

Unlike some competitors, Remitly's fees are generally fixed rather than percentage-based, making them particularly competitive for larger transfers. However, they make money through exchange rate spreads, typically adding 1-3% above the mid-market rate depending on the currency pair and transfer speed.

Example: $500 Transfer to Mexico

Express Option (instant):

• Transfer amount: $500
• Transfer fee: $1.99
• Exchange rate: 18.35 MXN/USD
• Recipient receives: ~9,175 MXN
• Total cost: $501.99

Economy Option (3-5 days):

• Transfer amount: $500
• Transfer fee: $0
• Exchange rate: 18.50 MXN/USD
• Recipient receives: ~9,250 MXN
• Total cost: $500.00

Remitly Fees by Corridor (2026)

Corridor	Economy fee	Express fee	Typical FX markup
US to India (INR)	$0	$3.99*	~0.4-1.4%
US to Mexico (MXN)	$0	$1.99	~1-2%
US to Philippines (PHP)	$0	~$3.99	~0.5-2%
US to Colombia (COP)	$0	~$3.99	~1-2%
US to Nigeria (NGN)	$0	~$3.99	~0.5-2%
Most other corridors	$0	$1.99-$3.99	0.5-2%

*India's Express fee is waived on your first transfer and on any transfer over $1,000. Economy is usually free but takes 3-5 business days; Express is faster for a small fee and a slightly wider rate markup. Fees also vary by amount and payment method — debit or bank funding is cheapest, while credit cards can cost more — so always check the live quote in the app.

Using the Remitly Fee Calculator

Our Remitly fees calculator helps you compare the true cost of Express versus Economy transfers. Enter your transfer amount and destination to see side-by-side comparisons of fees, exchange rates, and final amounts received. This helps you make informed decisions about whether speed or cost savings is more important for your specific transfer.

Calculator Benefits:

Express vs Economy comparison
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 for determining the break-even point between Express and Economy transfers. For smaller amounts, the fixed fee difference might make Economy more attractive. For larger amounts or urgent transfers, Express might provide better overall value despite the higher upfront fee.

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)
• Fast Express transfers

Considerations:

• Exchange rate markups (1-3%)
• Limited to 100+ countries (not global)
• Higher fees for some developed countries
• Economy transfers can be slow
• 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 Speed:

• Use Economy for non-urgent transfers
• Plan ahead to avoid Express fees
• Express only when truly needed

Optimize Transfer Size:

• Send larger amounts less frequently
• Fixed fees favor bigger transfers
• Compare cost per dollar sent

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?

Remitly charges $3.99 for Express transfers (minutes to hours) and typically $0-$3.99 for Economy transfers (3-5 business days). The exact fee depends on your destination country, payment method, and how your recipient receives the money.

What is the difference between Remitly Express and Economy?

Express transfers arrive in minutes to hours and cost more (a higher fee of about $1.99-$3.99 and a slightly wider exchange-rate markup). Economy transfers take 3-5 business days but often have no fee and a better exchange rate. Express is best for urgent transfers, while Economy saves the most when speed is not critical.

Which countries does Remitly serve?

Remitly serves 100+ countries 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 has processed over $50 billion in transfers since 2011. Customer funds are protected and segregated.

Does Remitly charge a fee?

Often not on the slow option: Remitly's Economy service is usually free ($0 transfer fee), with its cost built into the exchange rate. The faster Express service charges a small flat fee - typically about $1.99 to $3.99 depending on the destination (for example $1.99 to Mexico and $3.99 to India, which is waived on your first transfer or any transfer over $1,000). On top of any fee, Remitly adds a 0.5-2% exchange-rate markup, and your first transfer usually gets a promotional near-mid-market rate.

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

To India, Express costs $3.99 - but that fee is waived on your first transfer and on any transfer over $1,000 - with a markup of roughly 0.4-1.4%. To Mexico, Express is about $1.99. To the Philippines and most other corridors, Express runs around $3.99. Economy is typically free ($0) to all three; the trade-off is a 3-5 business day delivery instead of minutes. 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 of roughly 0.5-2% (a little more on some corridors, less on big ones like India). The Economy service gets the better rate; Express applies a slightly wider markup in exchange for speed. 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.

Is Remitly Express or Economy cheaper?

Economy is cheaper on both counts: it usually has no transfer fee and a better exchange rate, so your recipient gets more. Express costs a small fee (about $1.99-$3.99) and a slightly wider rate markup, and you are paying that premium purely for speed - minutes instead of 3-5 business days. If the money is not urgent, choose Economy; if someone needs it right now, Express is worth the extra.

Last Updated: June 9, 2026 | Remitly Economy is usually $0 with the best rate (3-5 days); Express costs ~$1.99-$3.99 with a slightly wider 0.5-2% markup for instant delivery. Verify the live quote in the app.