RemitRate is a remittance rate aggregator or simply a comparison website for remittance rates offered by various money transfer services. Our goal is to provide a clear, unbiased and clutter free comparison of remittance rates for migrants across the globe.
RemitRate finds you the best remittance rate available 'now'. Remittance market is highly competitive, keeping track of all available money transfer providers can be a tedious task. Because of this most people stick to one provider and never explore other options. RemitRate.com enable users to compare between all available option and choose the best rate for their hard earned money.
Just choose your from currency - to currency combination and see the comparison of all available options on RemitRate. Our comparison page shows below parameters for every listed provider,
Banks actually do money transfer by a system named as SWIFT. Exchange rate or mid market exchnge rate is the rate offered by banks. Remittance providers usually offer rate less than exchange rate may charge some additional fee as well. RemitRate.com considers both factors for 1000 of source currency and compare it against bank exchange rate to calculate their current margin. Lesser the margin better the rate. Remittance provider with least margin is highlighted with green border on comparison page.
Yes, remittance rates shown here are real and almost live. We do our best to keep the remittance rates displayed here as latest as possible. Remittance rates are variable and change many times during the day. there could be some delay updating them on remitrate.com as compared to provider's website.
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