This application offers the option to open a personal global account with no fees and easy access to your money at exclusive rates. This version is currently only available to Remitly customers by invitation. The app provides unique money management features to help users achieve greater financial freedom.
One of the main features of the app is the ability to instantly share money with family members. This means that your loved ones can receive money in a matter of moments. Additionally, users can send more money home with fee-free transfers and no fees when adding money to their account. They can also exchange or withdraw money at exclusive rates.
The app also offers the benefit of protected value for users' account balances. This means that the balance is in US dollars, which can be shared with family members while protecting the money from losing value. This is especially useful for those sending money to countries with fluctuating currencies.
Another great feature of the app is the ability to give family members more financial choices. They can choose the time, amount, and method of withdrawal in their local currency. This includes options such as banks, digital wallets, and cash pickup locations. The app has partnered with various institutions in different regions, such as GCash, Cebuana Lhuillier, BDO, and Palawan Shop in the Philippines, and BPI, HDFC, and others in India.
Users can also expect upfront and accurate information on fees, rates, and balances every time they use the app, no matter where they are in the world. This ensures transparency and helps users make informed decisions about their finances.
Overall, this app aims to simplify and make financial management more convenient for users and their families. It is available for download now and has offices around the globe, with its headquarters located in Seattle, WA.