remitto 2.0

Remitto app offers a detailed analysis and comparison of forex rates and fees. In the world of international money transfers, understanding the various fees and exchange rates can be daunting. Forex companies and banks often profit by deviating from mid-market rates or adding extra charges to transactions. The assessment of fees can vary widely based on factors such as the amount being transferred, payout methods, and payment methods like credit/debit cards or bank accounts. This complexity often leaves customers uncertain about the actual rate they will receive.

Recognizing the confusion and frustration that comes with the international money transfer industry, Remitto is dedicated to providing an impartial comparison of rates and fees offered by different providers. By delving into the specifics of exchange rates, fees, and commissions, the platform aims to offer transparency regarding what customers actually receive compared to what was promised.

Using a custom engine, Remitto is capable of comparing rates from hundreds of providers across over 50 countries worldwide, including North America, Europe, Australia, Central America, the Middle East, Asia, and Southeast Asia. This comprehensive approach ensures that users have access to the most current comparisons on effective rates, speed of transfer, and associated fees.

New Addition: Remitto has recently expanded its coverage to include more providers in countries such as Argentina, Bangladesh, Brazil, Colombia, Dominican Republic, Guatemala, Jamaica, Nepal, Pakistan, Sri Lanka, Philippines, Mexico, and India.

For further information about mid-market rates please refer to: Mid-rate definition on Wikipedia.