Remitly Limits Guide: Fees, Limits & Alternatives [2026]
Remitly offers a safe and easy way to send money from Canada to over 175 countries, with options for bank deposits, mobile wallets, or cash pickup. To stay secure and follow global regulations, the platform places strict caps on how much you can transfer.
This guide breaks down Remitly’s personal and business limits for Canadian senders, alongside alternatives like Wise and OFX for high-value payments.
Quick summary: Remitly transfer limits
💻Remitly sending limits: Remitly customers in Canada can transfer up to 140,000 CAD in a single transaction.
⬇️Incoming transfer limits: Remitly limits may also apply to the amount of money a customer can receive.
🆔Verification requirements for limits: To qualify for the highest available limit you’ll need to be verified by Remitly, including giving some information about your account use and uploading your ID.
💼Business payment limits: Remitly also provides business payment services, allowing you to pay global contractors and suppliers.
❓Does Remitly have limits?
Yes, Remitly has limits on the amount of money you can send and receive.
Other limits may apply which can vary based on the destination you’re sending money to, as well as the pay out method you select. Remitly’s limits are in place to ensure customer accounts and payments are safe.
✍️ Writer's Tip: Remitly usually wraps up standard identity checks within one hour, but unlocking the maximum 140,000 CAD tier may take longer if their team needs to double-check your documents manually. To avoid any unexpected processing queues before a time-sensitive transfer, upload your ID and account details at least 24 to 48 hours in advance.
How to check Remitly limits 🔍
Checking your current maximum transfer amount is straightforward, as your limit will display automatically on your screen in the Remitly app or website before you finalise a transaction.
Because your limits fluctuate based on your verification status and delivery method, checking the pre-transfer screen is the easiest way to view real-time info. If your allowance changes for any reason, this will be updated in your account, so you can see your exact cap before confirming.
How much money can I send through Remitly from Canada? 💰
Verified customers in Canada can send up to 140,000 CAD per transaction with Remitly.
This limit is intended to allow customers to send money more flexibly. However, your personal sending limit may be lower depending on various factors like your chosen payment method, transfer history and destination country, which may mean you can only send smaller amounts.
🚀 Alternatives to Remitly with higher transfer limits
While Remitly supports business payments and offers a substantial maximum transfer cap of 140,000 CAD, it might not always be the perfect match for every transaction
Options like Wise, Xe Money Transfer and OFX may be better alternatives for your specific transfer. Here’s a summary of these services - we’ll get into more detail about each in just a moment.
Remitly | OFX | Wise | Xe Money Transfer | |
|---|---|---|---|---|
Supported currencies for international transfers | 175+ countries, or in 100+ currencies | 170+ countries, or in 50+ currencies | 140+ countries, or in 40+ currencies | 190+ countries, or in 130 currencies |
Payment limits | 140,000 CAD per transfer | Usually unlimited | 1.5 million CAD by online bill payment and wire transfer | 600,000 CAD per transfer |
Fees | Variable fees based on destination and payment method | No transfer fee on payments over 10,000 CAD | From 0.48% | Variable fees based on destination and payment method |
Exchange rates | Exchange rates are likely to include a markup | Exchange rates are likely to include a markup | Mid-market exchange rate | Exchange rates are likely to include a markup |
*Some other limits may apply to all providers, based on factors including the payment destination, currency and the customer’s location. Information correct at the time of writing - 18th June 2026
About Wise pricing: Please see Terms of Use for your region or visit Wise Fees & Pricing for the most up to date pricing and fee information
OFX
OFX supports payments for personal and business customers, in 50+ currencies. You can make your transfer online or in the OFX app, and there’s also a 24/7 phone service if you want to talk your options through with someone. This can be very reassuring when making a higher value transfer.
Generally, OFX does not have an upper limit on the value of payments you can send. Aside from transfers, OFX also offers currency risk management products and has a Global Business account you can use to hold, send and receive foreign currency payments in 30+ currencies.
⭐ Best features:
Services for individuals and businesses
Often no limit to the value of a payment you can send
No transfer fee for payments higher than 10,000 CAD. There is a 15 CAD fee for transfers that fall below this limit and exchange rates include a markup
➡️ Learn more on OFX review. You can also compare OFX exchange rates here.
Wise
Send payments in 40+ currencies, to 140+ countries. Wise international transfers are available for individuals and business customers, and while there are some limits to the value of payments you can send, these limits are generally set very high to allow customers to transact freely.
Wise transfer limits vary by currency, and are set to 1.5 million CAD for customers who want to pay by online bill payment and wire transfer. Wise transfers cost from 0.48%, with no markup added to the exchange rate used for currency conversion.
Aside from international transfers, Wise also offers multi-currency accounts which can be used to receive foreign currency payments, and which offer a linked international debit card for spending and withdrawals around the world.
⭐ Best features:
Mid-market exchange rates and low, transparent fees
High transfer limits of up to 1.5 million CAD
Account and card services also available for personal and business customers
Learn more on Wise money transfer review. You can also compare Wise exchange rates here.
Xe Money Transfer
Xe Money Transfer has a per transaction limit of 600,000 CAD.. You can send payments to more or less any country in the world, in 130 currencies.
Transfers have variable fees and the exchange rate used to convert your dollars to the currency needed for deposit may include a markup. You can arrange your Xe transfer online or in the Xe app.
⭐ Best features:
Send money more or less anywhere in the world
Single transaction limits are 600,000 CAD
Popular and safe provider
Learn more: Xe money transfer review.
📈 Is it possible to increase Remitly transfer limits?
To qualify for the Remitly transfer limit of 140,000 CAD you’ll need to provide some information and documents for verification.
It’s possible that you’ll be asked for details about a payment you're making, such as your reasons for sending, source of income, and your current occupation. This process is part of the Remitly verification and required to keep accounts and customers safe.
How to increase Remitly transfer limits ⌛
You’ll be prompted online or in the Remitly app, if you need to complete verification to raise your sending limits or to process a specific payment.
You may be asked:
To confirm your name, date of birth, and address
To upload an image of your passport, or other government-issued ID
To send secondary supporting documents like utility bills
To provide bank statements or pay stubs to show the source of the payment you're sending
Remitly transfer limits
The exact limit which applies to your Remitly account will depend on a number of factors, including whether or not you’ve completed the Remitly verification process.
Remitly customers in Canada can send up to 140,000 CAD per payment, although other limits may also apply on specific payments.
How much money can I send through Remitly to Mexico? 🇲🇽
Remitly transfer limits may vary based on which documents you’ve provided for verification purposes, as well as the delivery method and the destination country. You’ll be able to see your available sending limit before completing a transfer in your Remitly account if you are ever unsure.
How much money can I send through Remitly to India from Canada? 🇮🇳
Remitly has variable transfer limits, which may change based on your account’s verification and the pay out method you pick. Verified customers can send up to 140,000 CAD in most cases, but you’ll be told of any limits which apply to your particular transaction when you start to set it up.
How much money can I transfer from Mexico to Canada?
Remitly doesn’t offer services to customers based in Mexico. However, you may be able to find an alternative provider which can help. Different providers do set their own transfer limits, though - so shopping around will be the best way to find one which suits your specific needs.
💼 Remitly business payments limits
Remitly has expanded past personal remittances, allowing Canadian business owners to send commercial payments to over 170 countries. You can use the service to pay international contractors, vendors, or suppliers directly from your business bank account or card.
When it comes to limits, your verified account can send up to 140,000 CAD per transfer. The exact cap on a specific transaction still depends on the combination of your location, where the money is traveling, and the delivery method you choose. Your active spending limit will appear clearly on your screen before you hit confirm.
High amount transfers with Remitly
If you’re sending a higher value payment with Remitly you’ll be able to arrange everything online or in the Remitly app.
To make sure your payment can be processed you’ll need to complete the verification steps including uploading your ID and secondary supporting documents.
Remitly offers some promotional exchange rate offers for new customers, although these might only apply to smaller amount payments.
Learn more about Remitly safety and the features in place to protect customer payments here: Is Remitly safe?
🏁 Conclusion: Does Remitly have transfer limits?
Remitly has international transfer limits which may vary based on the country or currency you’re sending to, as well as which documents you’ve provided for verification purposes.
The maximum cap for verified Canadian accounts sits at a generous 140,000 CAD per transfer. This high ceiling applies across the board, whether you are sending a standard personal remittance or managing commercial invoices through their dedicated business platform.
While that generous limit easily covers everyday family support, buying overseas property, or paying a few business expenses, it might still feel restrictive if you are regularly shifting larger sums. If you need to send a high value payment, you may need to choose a Remitly alternative, such as XE Money Transfer, OFX or Wise.
Looking for more? Get our full Remitly review here.
Remitly international transfer limits FAQs
Does Remitly work in Canada?
Yes. Canadian customers can use Remitly to send money to bank and mobile money accounts and for cash collection through agents.
What is the maximum amount limit for Remitly?
Remitly limits for sending money from Canada can be as high as 140,000 CAD per transfer.
However, limits do depend on where you’re sending money to and whether or not you have a fully verified Remitly account. If you run into a limit on your payment you’ll be notified by Remitly directly.
If you are interested in sending a higher amount abroad, you can check your options from this page: Best ways send large amounts of money abroad
📚 Useful sources
Information correct at the time of writing - 18th June 2026
Remitly Canada: Remitly official Canadian homepage
Remitly Sending Limits: Remitly Canada send limits and verification information
Wise: Wise Canada pricing and international transfer features
OFX: OFX Canada global money transfers for individuals and businesses
Xe Money Transfer: Xe Canada international payments and live currency data