Remitly Review 2026
Major global provider with promotional rates for first-time senders.
4.1/5 · 40,000+ reviews on Trustpilot ↗Remitly Rate Today — Live Comparison
How does Remitly compare right now? The table below shows all providers for your selected corridor — sorted by estimated receive amount.
CAD →NGN
Amount: 100 CAD
Rates are latest checked, not guaranteed
Rates shown are the latest checked by CheckRate and may have changed since. Estimated receive amounts exclude taxes and any destination bank fees. Always confirm the final amount on the provider's platform before sending. CheckRate may earn a referral fee when you use provider links.
Remitly Overview
Remitly is one of the largest digital remittance providers globally, serving over 170 countries. For African diaspora corridors, it is a solid option — competitive rates, good reliability, and a first-transfer promotional rate that can be very attractive for new users.
Remitly's rates on CAD to NGN and GBP to NGN are generally competitive but often sit slightly below Lemfi and Taptap Send. Its real strength is breadth of coverage and the promotional rate on first transfers, which can significantly beat all competitors for a single send.
Founded
2011
HQ
Seattle, USA
Typical speed
Minutes to next business day
Fee model
Zero fee (Economy) or small fee (Express)
Is Remitly Safe? Regulation & Trust
Remitly is regulated by the following financial authorities:
- FinCEN registered (USA)
- FCA-authorised (UK)
- Licensed across 30+ jurisdictions globally
Remitly Pros and Cons
Pros
- First-transfer promotional rate is often dramatically better than competitors
- Massive global coverage — 170+ countries
- Strong regulatory credentials across 30+ jurisdictions
- Delivery guarantee on Express transfers
- Cash pickup option where bank access is limited
Cons
- Standard rates often sit behind Lemfi and Taptap Send on African corridors
- Express (faster) delivery option costs more
- Customer support wait times can be long during peak periods
Remitly — Supported Corridors
Remitlysupports the following sending and destination currencies. Click a corridor to see today's live rate comparison.
Frequently Asked Questions about Remitly
Is Remitly good for sending money to Nigeria?
Remitly is a reliable option for Nigeria, though its standard CAD to NGN and GBP to NGN rates are usually not the highest on CheckRate. Its first-transfer promotional rate can be excellent — if you have never used Remitly before, compare the promo rate on CheckRate before choosing another provider.
What is Remitly's promotional rate?
Remitly offers a significantly better rate for first-time senders on most corridors. This promotional rate is shown on CheckRate where available. After your first transfer, Remitly's rate returns to its standard level.
Is Remitly regulated?
Yes. Remitly is FCA-authorised in the UK, FinCEN registered in the US, and holds licences across more than 30 countries. It is one of the most comprehensively regulated remittance providers in operation.
Compare Remitly Against Others
This review is produced by the CheckRate editorial team and updated regularly. Rates shown are fetched from Remitly's platform and are for comparison purposes only — they are not guaranteed and may differ at the time of transfer. CheckRate may earn a referral commission if you click a provider link and complete a transfer. This does not affect rankings or editorial content. See our rate methodology for details.