RemitBee
7.5#26 in money transfer appsFree planFree planAndroidiOSWeb
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| Fact | RemitBee | Wise |
|---|---|---|
| Exchange-rate model | markup | mid_market |
| Founded | 2015 | 2011 |
| Free plan | No | Yes |
| Headquarters | Mississauga, Ontario, Canada | London, United Kingdom |
| Mobile platforms | both | The Wise app is available for iOS through the Apple App Store and for Android through Google Play. |
| Scheduled transfers | Business customers can schedule one-time or recurring transfers up to a year ahead, with weekly, bi-weekly, monthly, or quarterly schedules. | Yes |
| Security | RemitBee says it uses 256-bit SSL encryption, fraud detection, and SHA-256 RSA encryption, and that it is regularly audited by FINTRAC. | Wise says it safeguards customer money separately from its own and uses two-step authentication to protect accounts and transactions. |
| Support | The homepage says its support team is available 24/7. | Wise says its customer support is available by email, live chat, and phone, 24/7 in English and in 14 other languages. |
| Transfer speed | instant | On many popular routes, transfers can arrive within one day, the same day, or instantly. |
| Transfer tracking | Yes | The app shows the list and current status of transfers users have set up. |
| Upfront fee display | Yes | Yes |
RemitBee suits people in Canada sending money to family or friends abroad, as well as businesses making international employee or vendor payments. It also offers CAD/USD exchange and mobile services.
Wise suits people sending money to overseas bank accounts or receiving payments from abroad. It may also suit users who want to track or schedule transfers and receive exchange-rate alerts.