Remitly · everyday
You sendUS$ 1,000
Transfer feeUS$ 2.49
You payUS$ 1,002.49
ArrivalMinutes–days
They receiveHK$ 7,756
ID Remit vs Remitly
Fee. Rate. They receive.Or they get what you send.
Remitly is a remittance quote: Express or Economy, a fee, and their rate. ID Remit is an Account ID send — transfer fee S$ 0, conversion with no extra fee, arrival within 1 second. Compare on SGD and HKD, the balances we actually hold.
The product
Express or Economy. That is the SKU.
Remitly sells two remittance speeds. You pick a payout — bank, cash, wallet — then pay the quote.
ID Remit does not have an Express lane. Confirm the Account ID, and it arrives within 1 second. Transfer fee S$ 0 either way.
Remitly Economy
The cheaper wait
Often 3–5 business days
Flat fee often lower — cost sits in the rate
Paid from a bank account where offered. You wait on their Economy clock.
Remitly Express
The faster quote
Minutes, on many corridors
A higher fee is common
Often debit or credit. Minutes on many corridors — still a remittance quote, not an Account ID send.
ID Remit
One send
Within 1 second
S$ 0
No Express vs Economy. Same-currency or cross-currency — conversion has no extra fee.
A live quote
US$ 1,000 out. They receive SGD or HKD.
These are balances ID Remit actually holds. Remitly numbers are the everyday US calculator — not the welcome rate. ID Remit is the confirm rate: transfer fee S$ 0, conversion with no extra fee.
Remitly · USD → HKD
- You send
- US$ 1,000.00
- Everyday rate · 25 Sep 2026
- 1 USD = 7.7560 HKD
- Fee
- US$ 2.49
- Arrival
- Minutes to business days
- You pay
- US$ 1,002.49
They receive
HK$ 7,756
ID Remit · USD → HKD
- You send
- US$ 1,000.00
- Confirm rate · 25 Sep 2026
- 1 USD = 7.8362 HKD
- Fee
- S$ 0
- Arrival
- Within 1 second
- You pay
- US$ 1,000.00
They receive
HK$ 7,836.20
Same US$ 1,000. Two supported currencies.
SGD and HKD are on the Starryblu balance list. Remitly’s they-receive is the everyday quote. ID Remit’s they-receive is the confirm rate, transfer fee S$ 0.
| Corridor | You send | Fee | Rate · 25 Sep 2026 | They receive | You pay | Arrival |
|---|---|---|---|---|---|---|
| Remitly USD → SGD | US$ 1,000 | Zero fees | 1.2772 SGD | S$ 1,277.20 | US$ 1,000 | Minutes–days |
| ID Remit USD → SGD | US$ 1,000 | S$ 0 | 1.2773 SGD | S$ 1,277.30 | US$ 1,000 | Within 1 second |
| Remitly USD → HKD | US$ 1,000 | US$ 2.49 | 7.7560 HKD | HK$ 7,756 | US$ 1,002.49 | Minutes–days |
| ID Remit USD → HKD | US$ 1,000 | S$ 0 | 7.8362 HKD | HK$ 7,836.20 | US$ 1,000 | Within 1 second |
Remitly captured 25 Sep 2026 from remitly.com/us. Everyday USD→SGD and USD→HKD. Quotes change by corridor, amount, payout, and promotion. ID Remit: US$ 1,000 converts to S$ 1,277.30 or HK$ 7,836.20 — conversion has no extra fee.
Published fees
The fee is not one number.
On corridors we actually hold, Remitly’s listed fee still depends on the pair. SGD can show zero fees and still use their rate. HKD lists a flat fee on every send.
USD → SGD, published fee
From Remitly’s US Singapore pricing page: no fees on all USD→SGD transfers. The everyday calculator still quoted 1 USD = 1.2772 SGD — they receive S$ 1,277.20 on US$ 1,000.
| When | Listed fee |
|---|---|
| All USD → SGD sends | Zero fees |
| First transfer, new customers | Often US$ 0 — promotional |
USD → HKD, published fee
From Remitly’s US Hong Kong pricing page: the fee for all transfers is US$ 2.49. First transfers can show US$ 0 — that is a promotion, not the everyday quote.
| When | Listed fee |
|---|---|
| All USD → HKD sends | US$ 2.49 |
| First transfer, new customers | Often US$ 0 — promotional |
Only currencies we hold. ID Remit holds USD, SGD, EUR, HKD, GBP, AUD, CAD, JPY, NZD and CNH. This compare uses SGD and HKD — not a corridor we do not credit.
ID Remit transfer fee is S$ 0 to send and S$ 0 to receive. Conversion has no extra fee. The rate is on confirm. See the full price list · See supported currencies
Where it lands
A payout vs an Account ID.
Remitly pays out through banks, cash desks, and wallets. The recipient does not need a Remitly account. ID Remit credits a Starryblu balance.
Remitly payout
Minutes, or business days on Economy
- Bank deposit
- Cash pickup
- Mobile wallet
- Home delivery, where offered
ID Remit
Within 1 second
- Account ID
- Phone or email search
- QR in the official app
- A receive link if they are not registered yet
- Confirm the name on screen
FAQ
The remittance quote, asked directly
What Remitly charges, what they receive, and how fast ID Remit lands.
How much does Remitly charge vs ID Remit?
On 25 Sep 2026 Remitly’s US calculator quoted US$ 2.49 to send US$ 1,000 to Hong Kong at the everyday rate — they receive HK$ 7,756, you pay US$ 1,002.49. ID Remit converts the same US$ 1,000 to HK$ 7,836.20, transfer fee S$ 0.
What about USD to SGD?
Remitly lists zero fees on USD→SGD and quoted S$ 1,277.20 on US$ 1,000. ID Remit converts the same send to S$ 1,277.30 — transfer fee S$ 0, conversion with no extra fee.
Why does Remitly show US$ 0 on a first transfer?
That is a new-customer promotion on the welcome rate, not the everyday quote. Turn the welcome toggle off on Remitly’s site and the fee and rate change.
Does Remitly Express beat ID Remit on speed?
Remitly Express can land in minutes on many corridors; Economy is often business days. ID Remit arrives within 1 second after you confirm — not a second remittance speed to pick.
Can ID Remit do cash pickup?
No. ID Remit credits a Starryblu balance with Account ID, phone, email, QR, or a receive link. Arrival within 1 second, transfer fee S$ 0.
Send from Starryblu
Open an account. Skip the remittance quote.
Account ID. Arrival within 1 second. Transfer fee S$ 0. Conversion with no extra fee.