Is Wise (TransferWise) or Remitly cheaper?

Wise (TransferWise) is cheaper on most of the corridors tested (5–0), but results vary by route and amount. Use the FX Skipper live comparator for your specific transfer.

What is the FX margin of Wise (TransferWise) vs Remitly?

Wise (TransferWise) charges an FX margin of 0% above the mid-market rate. Remitly charges 1.5%. The lower the margin, the more your recipient receives.

Wise (TransferWise) vs Remitly — Which is cheaper in 2026?

Which is better for remittances to Asia, Africa and Latin America?

💡 Affiliate disclosure: Links to providers may be affiliate links. Rankings are always by net amount received, never by commission.

Wise (TransferWise)

FX margin 0% 1.5%

Flat fee $1.00 $2.99

Transfer fee 0.65% None

Speed Instant – 2 days Minutes – 3 days

Rating 4.8/5 4.7/5

Visit Wise (TransferWise) ↗

Remitly

1.5%

Fast, reliable remittances to 170+ countries with guaranteed rates and cash pickup.

Visit Remitly ↗

Head-to-head: recipient gets on 1000 USD equivalent

Corridor	Wise (TransferWise)	Remitly	Winner & saving
🇺🇸 USD → 🇮🇳 INR	₹94,885.37	₹93,886.18	Wise (TransferWise) +₹999.20
🇺🇸 USD → 🇵🇭 PHP	₱62,219.47	₱61,564.26	Wise (TransferWise) +₱655.21
🇬🇧 GBP → 🇮🇳 INR	₹128,340.68	₹127,055.25	Wise (TransferWise) +₹1,285.43
🇪🇺 EUR → 🇵🇱 PLN	zł4,287.63	zł4,243.65	Wise (TransferWise) +zł43.98
🇦🇪 AED → 🇵🇰 PKR	₨74,853	₨73,668	Wise (TransferWise) +₨1,185

Green = higher net amount. Based on sending 1000 USD equivalent as of 2026-09-12. Check live rates →

🏆 Verdict: Wise (TransferWise) wins 5–0 on these corridors

Wise (TransferWise) delivers more to the recipient on most corridors tested, primarily because its FX margin (0%) is lower than Remitly's (1.5%). However, results depend on corridor, amount and delivery method. Use the live comparator for your specific transfer.