Yes, Remitly is a trustworthy and secure money transfer provider. The company has an “Excellent” customer rating (4.5/5) on Trustpilot.
Is Remitly safe to send money?
Remitly is a financial institution, and similar to your local bank, we conduct account verification. The process ensures you’re the only person who has access to your Remitly account and your money is safe at all times. Account verification also helps us prevent fraud and money laundering.
What is the safest way to send money to the Philippines?
Xoom, a Paypal service is the fastest and the most secure way to send money to the Philippines. It takes only up to an hour to complete a Cash Pickup and 4 hours for Bank Deposits. You can pay using your credit card, debit card, or bank account.
Can you get scammed on Remitly?
A scammer may also call, email, or message you on a social platform pretending to work for Remitly. They may ask you to give them your Remitly account information, or try to convince you to download software, saying it’s required to fix problems with your account. If this happens, it’s a scam.
How Remitly works in Philippines?
Here are the options we offer in the Philippines: Get a deposit in your bank account. Pick up cash in-person at a nearby location. Use a mobile wallet on your phone with Coins.ph, GCash, or PayMaya.
How trustworthy is Remitly?
Is Remitly legit? Yes it is! Remitly is a reliable and secure money transfer service that is registered with the U.S. Department of the Treasury and is licensed to transmit money in the U.S. They are also authorized to operate in the UK and all of the Canadian provinces except Quebec.
How fast does Remitly send money?
We recommend using Express when you need to send money fast, delivery is usually within minutes when using a debit card, and Economy when you’re able to wait 3-5 business days for your funds to be delivered. Select a country to see the available delivery speeds and pricing.
What is the cheapest way to send money to the Philippines?
What transfer methods do we use at Time Doctor?
|Table 1 – Sending $1000 from the US to the Philippines|
|Xoom (slow)||$5||3-5 days|
|Western Union (fast)||$8||Minutes|
How can I transfer money to the Philippines bank account?
How to transfer money to a Philippines bank account?
- Choose our ‘Bank Deposit’ service and select the bank* you want to pay money into.
- Choose the amount of money you want to send.
- Enter the bank details of the person you’re sending to.
- We’ll send you and your recipient an SMS notification once your transfer has been made.
Can I send money to the Philippines using Zelle?
Can I use Zelle in the Philippines? Unfortunately, you can’t sign up for an account in Zelle yet, unless you have a bank account in the US. If you want to transfer money to another currency, you’ll need an international money transfer service.
Does Remitly ask for SSN?
You’ll need to submit your full name, address and DOB. You can also submit the last 4-digits of your SSN, if you have one, so Remitly can more quickly verify your identity.
Is it safe to use debit card on Remitly?
You may be charged a fee if you use a business debit card to pay for your transfer, so we recommend using a personal debit card or a bank account for the lowest possible fees.
Does Remitly have buyer protection?
When you use Remitly, your money and information are safe. We built industry-leading fraud prevention and customer protection technology, teams, and processes to make sure of it.