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Has Anyone Used Remitly?

new hampshire
Level Contributor
516 posts
43 reviews
71 helpful votes
Has Anyone Used Remitly?

I was wondering about using Remitly to send money to myself when I am in Mexico. They are offering a 19.75 exchange rate for first time users. Has anyone used them to do this?

37 replies to this topic
Weatherford, Texas
Level Contributor
3,811 posts
53 reviews
82 helpful votes
1. Re: Has Anyone Used Remitly?

Never ever heard of this. I would love to hear about experiences with this company. I hope someone responds. Great info either way

new hampshire
Level Contributor
516 posts
43 reviews
71 helpful votes
2. Re: Has Anyone Used Remitly?

I read something on here about it a couple of weeks ago, but couldn't find it today.

Edited: 6 years ago
new hampshire
Level Contributor
516 posts
43 reviews
71 helpful votes
3. Re: Has Anyone Used Remitly?

I found the post, it was in the Isla Mujeres forum:

I used Remitly on my most recent visit to Isla Mujeres, and really loved the simplicity. You're essentially wiring yourself money from your own checking account. If you do $500 or more per transaction, it's fee-free (less than $500, the fee is maybe $4?). Essentially, you have an app on your Smartphone that's linked to your home bank account. You use the app to send yourself a certain amount of money, and say that you'll be picking it up at Banco Azteca (at the back of Elecktra on Guerrrero). You choose between two transmission modes (Express and Economy, where express is pretty much instant transmission at a slightly lower exchange rate, and Economy offers a better exchange rate, but the money doesn't reach you for a couple days). Their USD-to-MXN exchange rates are consistently better that what you'd get for exchanging your own USD on the island (the island banks are giving low 17s right now whereas Remitly is giving low to mid 18s). Once you use the app to send yourself some money, you get an email telling you when it's ready for pick-up, and the email includes a transaction confirmation number. Write down the confirmation # for the teller and hand it (along with your passport to her, saying you're picking up a remitly transfer. It goes very smoothly, and like I said earlier, there's no fees if you send $500 or more. Also no worries about having to use suspect ATMS. PS: For the first $500 you transfer, the'll give you a really great exchange rate too. Mine was 19.75 for my first $500.

Madrid, Spain
Level Contributor
3 posts
47 reviews
65 helpful votes
4. Re: Has Anyone Used Remitly?

Remitly la peor experiencia de mi vida. Estoy en filipinas e intentaba transferir dinero desde mi cuenta desde España. Me la aceptaron pero al comprobar mis datos me la cancelaron por HOMOSEXUAL , ellos se justificaron diciendo que es pq no estoy en mi pais. MENTIRA, conozco gente que reside aqui y lo hace muy amenudo. Al final me ha costado la broma 250 euros en llamadas. Y se quedaron mi dinero durante dias en sus cuentas. MI historia para un libro de terror.

Bridgeport...
Level Contributor
1,419 posts
18 reviews
12 helpful votes
5. Re: Has Anyone Used Remitly?

I looked at it but I don't think there is anywhere in the hotel zone to get the money. It looked like you had to go downtown to get it.

Madrid, Spain
Level Contributor
3 posts
47 reviews
65 helpful votes
6. Re: Has Anyone Used Remitly?

Really don t use remitly could be really bad experience. If u r not un u country or city legaly u can not d it

ed8
San Diego...
Level Contributor
540 posts
26 reviews
24 helpful votes
7. Re: Has Anyone Used Remitly?

It's a legit company though I've only sent money to others and not to myself. If you're in the usa, you can open a Schwab checking account where all ATM fees are free. However, if you're taking out $500+ at a time and staying at a hotel that cost 400+ per night, should you really worry about $6 ATM fee?

Joliet, Illinois
Level Contributor
25 posts
8. Re: Has Anyone Used Remitly?

all I need is my passport as ID to be able to send my own money to my self ?

Texas Gulf Coast...
Level Contributor
13,881 posts
132 reviews
229 helpful votes
9. Re: Has Anyone Used Remitly?

futbol90x,

Yes your passport is fine. Enter your name to send the money to yourself *exactly* as it is on your passport, including any suffixes like Jr, Sr, I, II, or III etc. or misspellings. Your name must match *exactly* as it does on your passport official ID, even if your passport isn't exactly correct.

¡Diviértanse!

Edited: 5 years ago
10. Re: Has Anyone Used Remitly?

Don't trust this company. They should be investigated by a senate overhearing comity for anti-American and communist practices but they have gotten too powerful. They systematically terrorize their customers with Gestapo style interrogations and call it a security measure. Then then seize your account hostage and refuse to delete your personal and banking information against your permission or will even under protest. Are you sure you understand what you are really agreeing to when you click that box for their term’s agreement? It would take a room full of attorneys to interpret its intentions. Ever wonder why such a simple service has such a complicated agreement? Ever wonder why they have the need to require you to be totally vulnerable to them. According to them, under that agreement they have the right do anything they want to you without you having any recourse to stop them? The customer service security agent admitted to me that Remitly is constantly being used to transfer funds for illegal practices. I was then summarily accused of laundering money on a 30-dollar transaction so my friend could buy a lousy sim card! Are you freaking kidding me? My account was seized and placed into suspension permanently because they say the recipient gets too many transactions from other people. What does that have to do with me? Then they refuse to remove my personal and banking information even though I can no longer use my account. Why? They say they have the right to keep my banking and personal information against my permission! What kind of Nazis are these people? I love the Indian people but is anyone else getting tired of being transferred to India were their people are being exploited and trained to employ customer services practices that would never be allowed in USA? Is this really a company you want to give power over your financial freedom to? I could care less about them suspending my account. I don't even care about the lousy 30 dollars. You could not pay me to do business with such people now that I know who they really are. What makes me feel violated is that they are keeping my personal and banking information against my permission. Why? After the account is closed the business should be concluded and no reason to keep someone’s banking and personal information. I am writing the banking commission and my senator to report Remitly for what I believe are illegal business practices they are conducting on USA soil! If anyone has any other resource to report these people to that I can use please contact me. And for gosh sake, please think twice before you click that box. You just may be giving up more rights than you understand. I only lost 30 dollars but I wonder how much money they make on this scam if they do it everyday. do you know? I don't! I am going to keep posting this on as many sites as I can to warn the American people. Trust me. Americans do not want to support this kind of company. They are against every kind of freedom and rights we believe in.

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