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Personal Finance · head to head

Remitly vs Veem

Remitly logo

Remitly

Personal Finance

Send money faster to loved ones abroad

From
On request
Rated
-
Full reviewWebsite
Veem logo

Veem

Accounting

Global business payments made simple

From
$14.99/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Remitly specific transfer fees and exchange rates not published on website; users must check rates page; Veem per-transaction fees can be higher than dedicated wire transfer services for large volumes
  • They diverge on capability: Remitly covers International remittances, Veem covers International payments.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Remitly and Veem actually diverge.

Attributes where Remitly and Veem differ
AttributeRemitlyVeem
Starting priceOn request$14.99/month
Pricing modeltransactionUnknown
CategoryPersonal FinanceAccounting
Founded20112014

Identical on both: free tier (No), platforms (Web, IOS, Android), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Remitly

  • International remittances
  • Multiple delivery methods
  • Send money to 200+ countries
  • Currency conversion
  • Bank accounts
  • IOS support

Only in Veem

  • International payments
  • Multi-currency
  • Invoice creation
  • Payment tracking
  • Accounting sync
  • QuickBooks
  • Xero
  • NetSuite

Both cover

  • Web support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

Remitly

  • International money transfer and remittance servicenot Veem
  • Cross-border payments for personal financial needsnot Veem

Veem

  • International vendor paymentsnot Remitly
  • Cross-border transactionsnot Remitly

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Remitly

  • Specific transfer fees and exchange rates not published on website; users must check rates page
  • Costs vary by destination country, transfer amount, and delivery method
  • No standardized fee schedule available for pricing comparison

Veem

  • Per-transaction fees can be higher than dedicated wire transfer services for large volumes
  • No free tier - even basic sending incurs transaction fees
  • Premium plan pricing at $14.99/month may not offset savings on transaction fees
  • Limited banking partnerships compared to larger financial platforms

Pricing, plan by plan

Remitly

On request
  • Express$undefined/month
    • Fast transfers
    • Multiple delivery methods
  • Economy$undefined/month
    • Lower cost option
    • 3-4 day delivery

Veem

$14.99/month

No published plan breakdown. See the Veem review.

Which should you pick?

Choose Remitly if

  • You need international remittances.
  • You work on Web, IOS, Android.
  • You also want multiple delivery methods.
Remitly review

Choose Veem if

  • You need international payments.
  • You work on Web, iOS, Android.
  • You also want multi-currency.
Veem review

Questions people ask

Is Remitly or Veem better?
Neither clearly leads. Remitly starts at On request and Veem at $14.99/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Remitly or Veem?
Remitly starts at On request and Veem at $14.99/month.
Does Remitly or Veem run on more platforms?
Remitly runs on Web, IOS, Android. Veem runs on Web, iOS, Android.
What is Remitly best used for?
Remitly is most often used for international money transfer and remittance service, cross-border payments for personal financial needs. Of those, international money transfer and remittance service and cross-border payments for personal financial needs are not what Veem is typically brought in for.
What can Remitly do that Veem cannot?
Remitly covers International remittances, Multiple delivery methods, Send money to 200+ countries, Currency conversion. Veem covers International payments, Multi-currency, Invoice creation, Payment tracking. Both handle Web support, Android support.

Answered from the vendors’ own pages

Remitly: How much does Remitly charge for transfers?

Remitly fees vary by destination country, transfer amount, and delivery speed. The company emphasizes no hidden fees but does not publish a standardized rate table on their main site. Users must visit the Rates and Fees page or enter transfer details in the app for specific pricing.

Source
Veem: What payment methods does Veem support?

Veem supports ACH transfers, checks, wallet transfers, and international wires. Payment methods vary by destination country and user preference.

Source
Veem: Is there a free tier?

No free tier. Veem charges per-transaction fees based on payment method and destination, with optional Premium Plan at $14.99/month offering enhanced features.

Source
Veem: What integrations does Veem have?

Veem integrates with QuickBooks, Xero, QuickBooks Online, NetSuite, Zapier, Plaid, and PopBookings for automated accounting and workflow integration.

Source
Veem: How does Veem handle exchange rates?

Veem uses claimed competitive exchange rates and provides transparent pricing. Transactions are routed through different payment rails (credit cards, checks, cryptocurrency) based on the destination.

Source
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