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Remitly vs WorldRemit (2027)

Remitly usually delivers more naira, helped by a strong new-customer rate and competitive standard rates on some routes. WorldRemit is a dependable alternative with cash pickup and very wide sending-country coverage. Check today’s table for your route.

Today's Naira Payout Difference by Send Amount (GBP)

You Send Remitly Delivers WorldRemit Delivers Difference Winner
£100 ₦168,613 ₦169,870 ₦1,257 WorldRemit
£500 ₦856,761 ₦863,146 ₦6,385 WorldRemit
£1000 ₦1,716,946 ₦1,729,741 ₦12,795 WorldRemit
£2500 ₦4,297,501 ₦4,329,526 ₦32,025 WorldRemit

Feature & Limit Comparison

Feature Remitly WorldRemit
Pricing Model High Promo Rate Bank, Cash & Wallet
Delivery Speed 1–5 mins (Express) Under 10 mins
OPay & PalmPay Support No (Bank accounts only) No (Bank accounts only)
Cash pickup (naira, small amounts) Yes Yes
Business / Invoicing Personal Transfers Only Personal Transfers Only
Trustpilot Rating ★ 4.1 (140,000 reviews) ★ 4.1 (95,000 reviews)

Choose Remitly If:

  • It is your first transfer and you want the new-customer rate.
  • You are sending from a route where Remitly’s standard rate is near the top of our table.
  • You want the choice of Express (debit card, minutes) or Economy (bank, cheaper).
Send with Remitly

Choose WorldRemit If:

  • Your recipient needs a small naira cash pickup at a partner location.
  • You are sending from a country Remitly does not cover.
  • You already use WorldRemit and its fee for your receive method is low.
Send with WorldRemit

Remitly vs WorldRemit at a glance

| | Remitly | WorldRemit | |---|---|---| | Owner | Remitly Global (Nasdaq-listed) | Zepz group (with Sendwave) | | Bank deposit in Nigeria | Yes | Yes | | Mobile wallet | Some wallets | Some wallets | | Cash pickup | Yes (naira, capped ~USD 200) | Yes (naira, capped ~USD 200) | | New-customer offer | Boosted first-transfer rate | Occasional promotions | | Fees | Depend on amount and payment method | Depend on receive method and country |

Rates and fees

Remitly

  • Standard rate: used for repeat transfers.
  • New-customer rate: a boosted rate on the first transfer, up to a cap.
  • 8 November 2026:
  • US: ₦1,353 per dollar standard, ₦1,403 for new customers on the first $500
  • UK: ₦1,831 per pound with no fee, which led our UK table

WorldRemit

  • Fee: depends on where you send from and how the money is received.
  • Rate: includes a margin.
  • 8 November 2026: its UK rate of ₦1,825.10 per pound matched Sendwave's (same group).

On a plain bank transfer, Remitly usually delivers a little more naira. Always compare the final amount, which the live table on this page does at four amounts.

Cash pickup

Both offer naira cash pickup through partners in Nigeria:

  • Cap: under CBN rules, about USD 200 equivalent per payout.
  • What your recipient needs: the reference number and a valid ID matching the name on the transfer.
  • Coverage: WorldRemit's cash network is a long-standing strength.

Speed

  • Remitly: Express transfers (debit card) usually arrive within minutes. Economy transfers wait for your bank payment.
  • WorldRemit: bank deposits and wallet credits are usually quick, and cash pickup is typically ready soon after payment.

Bottom line

For a bank deposit, start with Remitly, especially on a first transfer, but compare both, plus zero-fee apps like Taptap Send and Sendwave. For cash pickup, both work; WorldRemit's broad coverage makes it a safe default. Read the full Remitly review and WorldRemit review.

Remitly vs WorldRemit: FAQ

Which is cheaper for sending money to Nigeria: Remitly or WorldRemit?

Remitly usually delivers more naira, helped by a strong new-customer rate and competitive standard rates on some routes. WorldRemit is a dependable alternative with cash pickup and very wide sending-country coverage. Check today’s table for your route.

Which is faster, Remitly or WorldRemit?

Remitly typically delivers in 1–5 mins (express) and WorldRemit in under 10 mins when paid by debit card. Bank-funded transfers take longer because your payment must clear first.

Can I receive US dollars in Nigeria with Remitly or WorldRemit?

No. Under Central Bank of Nigeria rules for money transfer operators, remittances are paid out in naira. To send dollars into a domiciliary account, use a direct SWIFT wire from your bank.

Does Remitly or WorldRemit send money to Nigeria?

Both do. Each pays naira to Nigerian bank accounts, some mobile wallets and cash pickup points.

Which has lower fees, Remitly or WorldRemit?

It depends on the route, amount and payment method. Compare the naira received rather than the fee, because both also earn through the exchange rate.

Can I collect cash in Nigeria with Remitly or WorldRemit?

Yes, in naira, up to about USD 200 equivalent per payout under CBN rules. Larger amounts must go to a bank account.