Remitly vs OFX Comparison

Remitly, founded in 2011 and headquartered in Seattle, Washington, specializes in facilitating remittances, providing a fast and user-friendly platform for sending money across borders. With a focus on immigrant communities, Remitly offers diverse delivery options, including bank transfers, cash pickup, and mobile money, across over 100 countries.

OFX, on the other hand, established in 1998 and based in Sydney, Australia, caters to a broader audience, including individuals and businesses seeking cost-effective solutions for large international transfers. With a global presence and offices in key financial hubs, OFX prides itself on offering competitive exchange rates, no maximum transfer limits, and dedicated 24/7 customer support.

Both companies have garnered positive customer feedback for their reliable and efficient services, making them strong contenders for anyone looking to move money internationally.


Company NameRemitlyOFX
Remitly ReviewOFX Review
Customer rating4.1/5 (Trustpilot)4.3/5 (Trustpilot)
# Rating Customers41,3006,200
Top 3 Pros
  • Fast transfers
  • Wide range of delivery options
  • User-friendly app
  • Competitive exchange rates
  • No maximum transfer limit
  • 24/7 customer support
Top 3 Cons
  • Higher fees for certain services
  • Not suitable for large transfers
  • Limited advanced features for businesses
  • Minimum transfer amount
  • Limited funding options
  • Outdated interface


Company NameRemitlyOFX
Office locationsGlobal, with headquarters in Seattle, WAGlobal, with headquarters in Sydney, Australia
# Currencies7555


Company NameRemitlyOFX
Regulated byMultiple regulatory bodies including FCA, FinCENMultiple regulatory bodies including FCA, ASIC
HTTPS SecuredYesYes
Segregated Customer AccountsYesYes

Limits and Fees

Company NameRemitlyOFX
Min transfer$1$1,000 (US), Β£100 (UK)
Max transferVaries by country and methodNo limit
Fixed fees$0.00 – $50 depending on method and countriesVaries by country, e.g., AU$15.00 under $10,000 in Australia
See rates before you log in?YesYes

Customer Support

Company NameRemitlyOFX
Dedicated DealerNoYes
Live ChatYesNo

Ways to Transfer

Company NameRemitlyOFX
Online SystemYesYes
Online AppYesYes
Multi-Currency AccountNoYes
Cash PickupYesNo
Card Top-UpYes (in some regions)No

Additional Functions

Company NameRemitlyOFX
Mass paymentsNoYes
Cash chequesNoNo
Multi-Currency Debit CardNoYes


On MoneyTransferComparison, OFX has received a higher editorial score. The advantages of OFX over Remitly are these:

  • Competitive exchange rates.
  • No maximum transfer limit.
  • 24/7 customer support.

Both companies are reliable companies with good customer reviews, and both should be considered for your next international money transfer.

Remitly is better for small money transfers, instant or same-day transfers, and transfers requiring multiple payout options like cash pickup.

OFX is better for large money transfers, business transactions, and individuals seeking cost-effective solutions for regular international payments.