Remitly shines in digital money sending from Canada to the Philippines since its start in 20111. Their system makes it easy: you sign up at no cost, pick a delivery partner from over 460,000 spots worldwide1, enter who gets the money, choose how to pay, and follow your transfer smoothly. They are known for clear fees2 and good rates. For first-timers, $1 CAD gets you ₱42.22 PHP for up to $1000.00 sent3. This deal is great for those who want to save money yet expect reliable service.
Remitly makes moving money fast and easy, with transfers done in minutes3. They reach over 170 countries1, which is impressive. I can also send up to $10,000 CAD daily to my family in the Philippines3. They offer help in 15 languages if I run into problems, giving me comfort1. Clearly, Remitly is a top pick for many, offering quick and trusted worldwide money connections.
Understanding the Process: How to Send Money from Canada to Philippines with Remitly
When exploring the remitly exchange rate Canada to Philippines, I aim for the best value. Remitly offers good exchange rates and clear fees. Setting up an account on Remitly is the first key step.
Next, I pick how to send the money: bank deposit, cash pickup, or mobile wallet. The site is easy to use. I quickly add who’s getting the money and how I’ll pay. Remitly stands out for its fast service—most transfers arrive within a day4.
The speed of remitly delivery from Canada to Philippines is key when time matters. With Express, the money arrives almost right away. The Economy option is cheaper and takes a few days to arrive.
I often track my Remitly transfers to the Philippines. Emails and texts update me on the transfer, easing my mind.
Bank transfers can be tricky with all the required codes. Remitly makes it easier with BIC or SWIFT codes for banks. The IBAN number makes sure my money goes to the right account each time4.
| Feature | Description |
|---|---|
| Account Setup | Simple process on Remitly’s website or app |
| Delivery Method | Options including bank deposit, cash pickup, mobile wallet |
| Tracking | Real-time updates via email and text messages |
| Exchange Rates | Competitive rates that maximize value |
| Transfer Speed | Express service for instant transfers, Economy for cost-savings |
In 2020, remittances were about 10% of the Philippines’ economy5. Remitly helps both personal finances and the wider economy. I feel good knowing my money helps the development and lives in the Philippines.
In short, Remitly makes sending money from Canada to the Philippines easy, safe, and fast. It’s great to have a dependable service. It looks after my sending needs while making sure loved ones get their money without delay or extra fees. This trust makes me keep using Remitly for sending money abroad.
Guide to remitly canada to philippines: Fees, Rates, and Delivery Times
When sending money from Canada to the Philippines, I look for good rates, flexibility, and quick delivery. Remitly shines here, proving to be the cheapest option 84% of the time in CAD to PHP comparisons on Monito in 20223. You can choose between the express service, which delivers within minutes, and the economy service, which takes 3 to 5 business days3.
The remitly fees from Canada to the Philippines are cost-effective too. With promotional rates, they offer a low exchange rate markup of just 0.02%3. Their standard rates are also competitive, with a 2.09% markup3. The service is available in over 100 countries and lets recipients in the Philippines get money through bank deposits, cash pick-up, mobile wallets, or even cash home delivery36. It’s comforting to know that Remitly secures transactions through regulatory registrations and SSL encryption, ensuring customer satisfaction6.
Remitly’s service quality is clear, with outstanding reviews from Canada to the Philippines, earning 4.9/5 stars on the Apple App Store and 4.8/5 stars on the Google Play Store3. Over 3 million customers a year appreciate Remitly’s valuable, fair, and careful service3. That’s why, like many others, I trust Remitly for international money transfers.
Source Links
- https://play.google.com/store/apps/details?id=com.remitly.androidapp&hl=en_US
- https://www.canada.ca/en/financial-consumer-agency/services/payment/international-money-transfers.html
- https://www.monito.com/en/wiki/remitly-canada-to-philippines
- https://www.worldremit.com/en/faq/bank-transfers
- https://blog.remitly.com/finance/remittance-definition/
- https://www.finder.com/international-money-transfers/remitly-review
