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A Remitly quote needs to answer two questions: how much you will pay and how much the recipient will receive. Comparing only the transfer fee can miss the effect of the exchange rate. Comparing only the exchange rate can miss…

Remitly lets U.S. customers send money internationally through its website and app. The useful question is what happens in your particular transfer: how you pay, which currency the recipient receives, and how the recipient gets access to the funds. Those…