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Articles

How to Send Money Through Remitly

Updated on April 26, 2023 03:30 pm
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Imagine living far away from your family in a foreign country and being unable to send them money when they need it the most. This is the struggle faced by millions of immigrants around the world. Enter Remitly, a digital financial services provider that helps immigrants send money to their loved ones in a safe, reliable, and transparent manner. 

Founded in 2011 by Matt Oppenheimer, who was inspired by his experience in Kenya, Remitly has grown into a leading cross-border remittance app with over 170 receiving countries. Their app eliminates the long wait times, complexities, and fees typical of traditional remittance processes. 

Remitly is committed to transforming financial services for immigrants and their families worldwide, with headquarters in Seattle and global offices in London, Cork, Singapore, Manila, and Managua. Whether you're in the United States, Australia, or the United Kingdom, Remitly makes it easy for you to send money to your loved ones across the world.

How to Set Up Your First Transfer with Remitly

If you want to send money to someone through Remitly, the process is simple and quick. Here's how to get started:

Before Sending Your First Transfer

Before you begin sending a transfer, here are a few things you should do:

  • Sign up for Remitly if you haven't already.
  • If you want to use your mobile device, download the Remitly app from the App Store or Google Play Store. If you prefer to use a web browser, visit Remitly.com.
  • Check with your recipient about how they would like to receive the money. The delivery options may vary depending on your recipient's location.

What You Need to Get Started

Before you start setting up your transfer, make sure you have the following information handy:

  • Your recipient's name, exactly as it appears on their ID.
  • Your recipient's address (make sure it matches their ID as well).
  • Your recipient's phone number.
  • If you want to send the transfer directly to your recipient's bank account, you'll need their payment details, including their bank account number and the name of the bank.

Setting Up Your Transfer

It only takes a few minutes to set up your first transfer with Remitly. Just follow these steps:


1. Start the Transfer Process

  • Sign in to the Remitly app or Remitly.com.
  • Select "Get Started" on the app or "Send Money" if you're using your web browser.


2. Choose Transfer Amount & Delivery Method

  • Enter the amount you want to send. Remitly will automatically display the amount your recipient will receive in their local currency.
  • Choose a delivery method. If you chose Bank Deposit as your delivery method, enter some information about your recipient's bank account. If you selected Cash Pickup, choose a pickup location that's convenient for your recipient. If you chose a different delivery option, you might be asked for their email address or other details.
  • Enter information about your recipient, including their name and phone number if you want them to be notified when the transfer arrives.


3. Complete Your Profile

  • Enter your name exactly as it appears on your ID, along with your phone number and address.
  • Enter your date of birth. Make sure you enter the correct date as it appears on your ID, as it may be needed to verify your identity later.
  • Choose your payment method. Enter your bank account information, credit or debit card details, or other payment method.


4. Final Steps

  • Review the transfer summary to make sure everything is correct, including the estimated arrival date.
  • If you need to make any changes, select "Edit" next to the information you want to update.
  • When you're ready to send the transfer, select "Send Money."
  • Wait for the transfer to process. Make sure you stay on the processing screen until the next page loads, as additional information or corrections may be needed. When you see the confirmation screen, your transfer is complete.

It’s that easy! Follow the steps outlined above to send your first transfer with Remitly in as little as a few minutes. In addition to a user-friendly platform, there are many other reasons why Remitly is a top money transfer service provider.

Check out our complete review and guide for how to send money using Remitly here.

Why Choose Remitly?

  • Competitive and transparent fees
  • Money arrives in as little as a few minutes
  • Real time updates via email, push notifications, and text messages to keep up with the status of your transfer
  • Thousands of locations for sending money home, including mobile wallets, bank deposits, and cash pickups
  • 256-bit encryption to protect your financial data
  • 100% satisfaction guarantee

Sending money to loved ones across the world has never been easier, thanks to Remitly. Experience the difference and sign up today to start your first transfer!

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And the paycard fees are becoming more transparent and competitive.While paycards can be challenging at times, especially when you are employed in multiple jobs and have a separate paycard with each employer, your funds are scattered in multiple cards so it becomes difficult to manage your finances. Some may prefer to put all their money in one place, like a checking account.However, if you can't open a bank account, a paycard is a great option to get paid. Read the fine prints before signing up for a paycard and know the potential fees that come with it.

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