How to Use Remitly: Money Transfers Step-by-Step Guide (2024)

3 min read 2 hours ago
Published on Nov 16, 2024 This response is partially generated with the help of AI. It may contain inaccuracies.

Table of Contents

Introduction

This tutorial provides a step-by-step guide on how to use Remitly for sending money internationally. Whether you are a first-time user or a regular sender, this guide will help you set up your account, make transfers, and track your money securely.

Step 1: Download the Remitly App

  • Visit your device's app store (Google Play Store for Android or Apple App Store for iOS).
  • Search for "Remitly" and download the app.
  • Once installed, open the app to begin setting up your account.

Step 2: Create a Profile

  • Tap on the "Sign Up" or "Create Account" option.
  • Enter your personal information, including:
    • Full name
    • Email address
    • Phone number
  • Choose a strong password to secure your account.
  • Follow any additional prompts to verify your identity.

Step 3: Understand Exchange Rates

  • Before sending money, check the current exchange rates offered by Remitly.
  • Exchange rates can vary, so it’s helpful to compare them with other services to ensure you are getting a good deal.
  • Keep an eye out for any special promotions or offers related to exchange rates.

Step 4: Send Money

  • From the app’s main menu, select “Send Money.”
  • Choose the country you are sending money to from the drop-down list.

Step 5: Choose Your Delivery Option

  • Select how you want the recipient to receive the money. Options may include:
    • Bank transfer
    • Cash pickup
    • Mobile wallet
  • Consider the recipient's preferences and the available options in their country.

Step 6: Choose Your Payment Method

  • Choose how you want to fund the transfer. Options typically include:
    • Debit card
    • Credit card
    • Bank account transfer
  • Be aware that different payment methods may have varying fees and processing times.

Step 7: Get a Special Offer on Your First Transfer

  • Check for any promotions or discounts for first-time users.
  • Applying these offers can save you money on your transfer.

Step 8: Enter Recipient Information

  • Fill in the recipient's details, including:
    • Full name (as per their ID)
    • Phone number or email address
    • Address (if required for cash pickup)
  • Double-check the information for accuracy to avoid delays.

Step 9: Ready to Send Money

  • Review all the details of your transaction:
    • Amount being sent
    • Delivery option
    • Payment method
  • Confirm that everything is correct, then tap “Send” to complete the transfer.

Step 10: View Your Transfers

  • After sending, you can track your transfer directly from the app.
  • Go to the “Transfers” section to see the status of your transaction.
  • Remitly provides updates on when the funds are available for the recipient.

Conclusion

Using Remitly to send money internationally is straightforward and secure. By following these steps, you can easily create an account, send money, and track your transfers. For your next steps, consider exploring additional features in the app, such as using the referral program to earn rewards.