Business

Can I Use Remitly for US Business? Everything You Need to Know

Panna Kemenes

23.06.25

Read time 3 minutes

If you often send money overseas, you might be familiar with Remitly. Remitly is an online remittance service that allows users to send large and small transactions abroad.

Remitly for Business Transactions caters more specifically to business owners and offers secure transactions and various cash delivery options to sole proprietors, C-corporations and LLCs based in the US. In this blog post, you’ll learn more about how Remitly works, the pros and cons of the platform, and if it’s the right fit for your needs.

Are you looking for a hassle-free business account with a free invoicing tool? Consider a Wise Business account for low-cost, multi-currency transactions and free tools and templates for invoices.
Find out more about Wise Business

Is Remitly Designed for Business Use?

Remitly is best known as a convenient platform for sending money internationally. While many people use the platform for personal funds transfers, particularly expats and immigrants, Remitly for Business Transactions makes it possible for business owners to send money too.

Whether it’s paying suppliers, vendors, or overseas contractors, US-based businesses that are formally registered as sole proprietorships, LLCs, S-corporations, or C-corporations can use Remitly to send payments to over 100 currencies.

Can I use Remitly to send money to a business account?

Yes, it’s possible to send money to a business account using Remitly. If you have the correct bank details, you can send the transfer as if it were a normal bank-to-bank transaction.

Does Remitly support large business transactions?

With Remitly, you can send large business transactions, but you will be limited based on your verification level. For example, if you haven’t submitted a full ID and verification of your address, you could be limited to just a few thousand dollars per month in transactions.

Transactions are also limited to time periods, so there will be a set amount you can send for 24 hours, 30 days, and 180 days. As such, if you need to move a lot of money around often in your business, it’s worth checking to make sure Remitly is the right fit for your needs.

Plus, there’s a per-transfer limit for each country, so you’ll need to check these limits before sending a large transfer.

👆 If you are sending a Remitly payment from the US, then the per-transfer sending limit is 100,000 USD.

What are the fees for using Remitly for business?

Remitly charges fees based on where you send the money, how much you send, and how fast you want to send it. Typically, there’ll be a small flat fee to pay or a percentage of the total transaction, as well as an exchange rate markup.

Pros and Cons of Using Remitly for Business

Benefits of Using Remitly

Delivery speed options - Remitly allows you to send transfers at your pace with different delivery options
Available in 100+ countries - With a global network, you can easily transfer money internationally
User-friendly app - You can use the Remitly app to manage your funds

Limitations of Remitly for Business Transactions

Transaction size limits - Transaction limits make it difficult to move large sums of money frequently
No batch payments - Sending money one-to-one can be a problem if you need to pay a lot of people at once
No business tools - With no tools for invoicing, reporting, or multi-user access, there’s limited business utility within the app

Alternatives to Remitly for Business Payments

Comparing Remitly with Payoneer, Wise, and PayPal Business Accounts

Platform	Best for	Pros	Cons
Remitly	Sending transfers with different delivery speed options	Fast delivery options Simple UI	Currently limited to sole proprietorships, LLCs, S-corporations, or C-corporations Lacks business tools
Wise	Transparent business transactions and low fees	Multi-currency accounts Low fees Integration with popular third-party apps	No physical presence
PayPal	Invoicing and eCommerce transactions	Simple invoicing Buyer and seller protections	Merchant fee to receive transactions, plus an additional 1.50% fee for international transactions
Payoneer	Marketplace sellers and freelancers	Easy to receive funds directly from platforms like Upwork or Amazon	Best suited to particular use cases

Discover Wise: The Affordable Way to Manage Business Transfers

Wise Business offers users an easy and cost-effective way to receive transfers like a local and send money overseas. With Wise Business, you can send money all over the world, from Europe to India, all while avoiding hidden fees.

Wise is not a bank, but a Money Services Business (MSB) provider and a smart alternative to banks. The Wise Business account is designed with international business in mind, and makes it easy to send, hold, and manage business funds in 40+ currencies. You can get major currency account details for a one-off fee to receive overseas payments like a local. You can also send money to 140+ countries.

Open a Wise Business account online

Some key benefits of Wise Business include:
Major local account details to receive international payments with ease No monthly account fees just a simple one-off fee for account details Receive payments from e-commerce platforms such as Amazon or via Stripe. Free invoicing tool to generate and send invoices. Create invoices using the Wise invoice generator or invoice templates. Accounting integrations, including a QuickBooks Bill Pay connection. Bill payments will be synced, matched, and categorized in QuickBooks for simple reconciliation. Access to BatchTransfer. Fast payment of up to 1,000 people.

Some key benefits of Wise Business include:

Major local account details to receive international payments with ease
No monthly account fees just a simple one-off fee for account details
Receive payments from e-commerce platforms such as Amazon or via Stripe.
Free invoicing tool to generate and send invoices. Create invoices using the Wise invoice generator or invoice templates.
Accounting integrations, including a QuickBooks Bill Pay connection. Bill payments will be synced, matched, and categorized in QuickBooks for simple reconciliation.
Access to BatchTransfer. Fast payment of up to 1,000 people.

Read the guide on how to open a Wise Business account

	Editor & Business Expert:
	Panna is an expert in US business finance, covering topics from invoicing to international expansion. She creates guides and reviews to help businesses save time and make informed decisions. You can read more useful business articles on her author profile.

	Author:
	Sam is a UK-based copywriter with 4+ years of experience writing for SaaS and eCommerce brands. He creates comparison guides, informative blog posts, and covers other finance-based topics.

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