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Remitly vs Revolut

A side-by-side comparison of the two providers — exchange rate markups, transfer fees, delivery speed, transparency and supported corridors. Built on the same live data we use to rank every provider on every corridor page.

Remitly
$0 fee, but markup hidden in the rate.
$1,000 USD → INR delivers
₹81,867
Send via Remitly
vs
Revolut
Instant if recipient is also on Revolut.
$1,000 USD → INR delivers
₹82,636
Send via Revolut
Cheapest
Revolut
0.68% markup · $2.50 fee
Fastest
Revolut
Instant
Most transparent
Revolut
Shows mid-market rate
Feature comparison

Every detail. Side by side.

FeatureRemitlyRevolut
Exchange-rate markup1.85%0.68%
Upfront transfer feeFree$2.50
Delivery speed3 hoursInstant
Shows mid-market rate
Hidden FX markup
Mobile appsiOS + AndroidiOS + Android
Best forFirst-time senders, Cash pickup, No upfront feeMulti-currency accounts, Instant Revolut-to-Revolut, Card spending abroad
On a $1,000 USD → INR transfer₹81,867₹82,636

The verdict: Revolut for cost, Revolut for speed.

On the headline measure that matters most — how much your recipient actually receives — Revolut comes out ahead in our reference $1,000 USD → INR comparison, by ₹769 (0.93%). On larger transfers the gap widens proportionally, so the right choice for someone sending $200 a month and someone sending $20,000 once a quarter can be different — always compare for your specific amount.

Remitly. Remitly is built for migrant workers sending small, frequent transfers home. Their headline 'no fee' offer is appealing — but the cost is hidden inside an exchange-rate markup that can exceed 1.8%. Best for cash-pickup corridors (Philippines, Mexico, India) where their on-the-ground network is genuinely strong. Read the full Remitly review →

Revolut. Revolut is more than a transfer tool — it's a multi-currency account that lets users hold and exchange 30+ currencies at near-mid-market rates. Transfers between two Revolut accounts are instant and free. Sending to a non-Revolut bank account is competitive on weekdays but adds a 0.5–1% surcharge on weekends when interbank markets close. Read the full Revolut review →

Frequently asked

Remitly vs Revolut: your questions.

Remitly vs Revolut: which is cheaper?
On a $1,000 USD → INR reference transfer at today's rates, Revolut delivers more to the recipient — ₹82,636 versus ₹81,867. The gap can shift on different corridors and amounts, so always compare for your specific transfer.
Which is faster, Remitly or Revolut?
Revolut delivers in "Instant" while the other typically takes longer. Speed varies by corridor and payout method — both providers are faster than a traditional bank wire on every corridor we cover.
Are Remitly and Revolut both safe?
Yes. Both Remitly and Revolut are licensed money services businesses regulated in the United States, the United Kingdom and the European Union. Customer funds are safeguarded under each jurisdiction's e-money or money-transmission rules.
Which has lower hidden fees, Remitly or Revolut?
Revolut applies a smaller exchange-rate markup (0.68% vs 1.85%). The other charges more on the FX rate but may have a lower or zero upfront fee — total cost depends on the transfer amount.

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