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RemitBee vs Wise

RemitBee

7.5#26 in money transfer appsFree plan
Free planAndroidiOSWeb
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Wise logo

Wise

8.2#4 in money transfer appsFree plan
Free planAndroidiOSWeb
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What both publish

FactRemitBeeWise
Exchange-rate modelmarkupmid_market
Founded20152011
Free planNoYes
HeadquartersMississauga, Ontario, CanadaLondon, United Kingdom
Mobile platformsbothThe Wise app is available for iOS through the Apple App Store and for Android through Google Play.
Scheduled transfersBusiness customers can schedule one-time or recurring transfers up to a year ahead, with weekly, bi-weekly, monthly, or quarterly schedules.Yes
SecurityRemitBee 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.
SupportThe 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 speedinstantOn many popular routes, transfers can arrive within one day, the same day, or instantly.
Transfer trackingYesThe app shows the list and current status of transfers users have set up.
Upfront fee displayYesYes

RemitBee plans

  • RemitBee money transferFree

Wise plans

  • Wise personal account and transfersFree

Pick RemitBee if…

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.

Pick Wise if…

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.

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