
Online international money transfers with transparent fees
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Remitly lets people send money abroad from a phone or computer. Senders pick the amount and a delivery method, such as bank deposit, mobile wallet or cash pickup, and see the exchange rate and fee before paying. It focuses on migrants supporting family, with transfer options to countries in Asia, Latin America, Africa and Europe. Delivery speeds vary by route, from minutes to days. Remitly makes money from fees and exchange rate margins.
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