How much does it cost to send money to Remitly in India?

Is Remitly available in India?

Remitly gives you nationwide coverage in India

Transfer money easily to 130+ banks including SBI, HDFC, Citi Bank, Axis Bank plus Recipients can now pick up their money at 100,000+ cash pick-up locations including Punjab National Bank, EbixCash, Weizmann Forex, Muthoot Fincorp, and more.

How can I send money to Remitly in India?

Send money from the United Kingdom to India in 3 easy steps

  1. Enter amount in GBP. Choose your sending amount and delivery speed, and we’ll tell you how much INR will get to India.
  2. Choose recipient in India. Select who you are sending to (it can be your own account)
  3. Send GBP, get INR. Enter payment details and hit send.

Is Remitly safe to send money to India?

Remitly is considered a very secure and trustworthy online money transfer provider. The company is a registered Money Services Business with the United States Department of the Treasury and is a licensed money transmitter.

Is Remitly safe to send money?

Yes, Remitly is a trustworthy and secure money transfer provider. The company has an “Excellent” customer rating (4.5/5) on Trustpilot. … Remitly offers a 100% satisfaction or money-back guarantee. So if you’re not satisfied with the service, you will get a transfer fee refund.

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How does Remitly make money?

It makes money by charging transaction fees and marking up foreign exchange rates. Fees vary widely by country, but on average, Remitly charges about 1.5% for a transfer, Forbes estimates. Western Union, which owns many brick-and-mortar locations and brought in $852 million in profit last year, charges roughly 5%.

Is Remitly open 24 hours?

We’re available 24/7 by phone in English and Spanish. If lots of customers are trying to call the Remitly contact number, you might need to wait a while to get help. To save time, try using our Help Center to find answers quickly.

Is Remitly free to send money?

No fees for recipients. For every transfer, we will provide you with the exact delivery date and time. Easily send money 24/7 via our app or website. We protect your money and privacy using the most modern encryption protocols and secure payment technologies.

How much is $1 US in India?

US dollars to Indian rupees conversion table

amount convert Result
1 USD USD 74.33 INR
2 USD USD 148.67 INR
3 USD USD 223.00 INR
4 USD USD 297.33 INR

Which countries use Remitly?

Remitly is now available in Austria, Belgium, Denmark, Finland, Germany, Ireland, Italy, the Netherlands, Norway, Spain, Sweden, and the United Kingdom. Outside of Europe, Remitly is also available to customers in Australia, Canada, and the United States.

Will rupee get stronger in 2020?

Accordingly, while a weaker rupee was surprising in the calendar year 2020, it is likely to strengthen 1.3 per cent and average 73.5 against the US dollar in the financial year 2022-23, as compared to an average level of 74.4 in the financial year 2021-22.

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