Remitto app provides in-depth detail and comparison of international money transfer rates and fees among providers like a marketplace. Forex companies and banks often make money by either marking down exchange rates from actual mid-market rates or by attaching additional fees to the transaction.
If you are sending money to Mexico, India, Philippines, Pakistan, Argentina, Bangladesh, Brazil, Colombia, Dominican Republic, Guatemala, Jamaica, Nepal or Sri Lanka - remitto can save a lot by providing you precise comparison of providers rates and fees.
The fees they asses may vary significantly by the amount, pay-out methods, pay-in methods such as credit/debit card or bank account. So many varying parameters eventually clutter and muddy the process - so much so that the customer has no clue of the exact rate he may get.
We understand the world of remittance and that international money transfer providers and their world is confusing and frustrating. Before remitto, we experienced it first hand - and have lost a fair share to this mystery ourselves.
Remitto is here to provide an unbiased comparison of rates and fees of different international money transfer companies. We get to the nitty-gritty of exchange rates, fees, and commissions - thus providing an insight into what you get v/s promised.
Remitto's custom engine can compare rates of hundreds of providers from 50+ countries across North America, Europe, Australia, Central America, the Middle East, Asia, and southeast Asia. Rest assured - you get the most up-to-date comparison like never before, identifying who is best - on effective rate, speed, and fees.
**** NEW ****
Now added more providers to Argentina, Bangladesh, Brazil, Colombia, Dominican Republic, Guatemala, Jamaica, Nepal, Pakistan, Sri Lanka, Philippines, Mexico, and India.
Read more on mid-rate here - https://en.wikipedia.org/wiki/Mid_price.