Is Abound or Remitly cheaper?

Cost varies by corridor and amount. Compare both on the corridor page above for live rates, fees, and recipient amounts.

What's the main difference between Abound and Remitly?

Abound (Zero fee, FX margin + rewards-based revenue): USA→India remittance combined with a cashback/rewards ecosystem. Backed by The Times of India Group. Remitly (Tiered fee + rate markup): Cash pickup, mobile wallet, and bank deposit options with a price guarantee.

Which is faster, Abound or Remitly?

Both providers offer same-day or faster options for popular corridors. Cash-pickup networks (MoneyGram, Western Union, Xoom) usually clear in minutes; bank transfers can take 1–3 business days.

Which is safer, Abound or Remitly?

Both are licensed money services businesses. Abound is regulated in USA. Remitly is regulated in USA, UK, EU. As long as you transfer through their official site or app, both are safe to use.

Does Abound or Remitly offer better exchange rates?

Rate competitiveness varies. Abound markets zero fee, fx margin + rewards-based revenue, while Remitly uses tiered fee + rate markup. The recipient amount is the only fair comparison — see the corridor page for live numbers.

Abound vs Remitly

Live fee, exchange rate and recipient amount comparison for USD → INR. Pros, cons and licensing in one view.

Live data temporarily unavailable for this comparison. See the corridor page for full live numbers.

Zero fee, FX margin + rewards-based revenue

USA→India remittance combined with a cashback/rewards ecosystem. Backed by The Times of India Group.

Live data unavailable.

Founded 2023

USA (Times Internet spin-out)

Pros

Zero transfer fee on USD→INR
Rewards/cashback model can offset transfer costs over time
Backed by The Times of India Group — strong India brand recognition

Cons

USA → India only — no other corridors
Trustpilot rating is low (~2.0) with reports of slow transfers and customer support issues
Newer company, less established than incumbents

Try Abound

Tiered fee + rate markup

Cash pickup, mobile wallet, and bank deposit options with a price guarantee.

Fee: Free
Rate: 94.6494
Speed: Minutes
Recipient gets: INR 94,649

Founded 2011

Seattle, WA, USA

Pros

Cash pickup at thousands of locations across India, the Philippines and LatAm
Price-lock guarantee — quoted rate honoured even if it moves
Strong mobile app, easy first-time setup

Cons

Exchange rate includes a markup
Express tier costs significantly more than Economy
Customer support response times can vary

Try Remitly

Side-by-side comparison

Spec	Abound	Remitly
Fee model	Zero fee, FX margin + rewards-based revenue	Tiered fee + rate markup
Headquarters	USA (Times Internet spin-out)	Seattle, WA, USA
Founded	2023	2011
Status	Private (~$24M raised, Times Internet + Y Combinator)	Public (NASDAQ: RELY)
Live USD→INR fee	—	Free
Live USD→INR rate	—	94.6494
Recipient gets (USD 1,000)	—	INR 94,649
Typical speed	—	Minutes
Top corridors	USD→INR	USD→INR, USD→PHP, USD→MXN

User reviews

Abound

Read reviews on Trustpilot

Remitly

Read reviews on Trustpilot

We don't host our own reviews — we link to Trustpilot so the rating isn't influenced by us.

Frequently asked questions

Other comparisons

Wise vs Remitly →Wise vs Xoom →Wise vs MoneyGram →Wise vs Western Union →Remitly vs Xoom →Western Union vs MoneyGram →

Live quotes from Wise's public comparison API, updated every 5 minutes. Provider profiles are based on public information; for pricing, KYC requirements and current promotions always check the provider's official site. Methodology.