Remitly Business

Remitly Business stands out as a reliable solution for UK companies navigating the complexities of global payments. It empowers businesses to send money abroad swiftly and securely, addressing the needs of organisations with international teams, contractors, and suppliers. By offering fast transfers to over 100 countries, this platform helps streamline financial operations and foster stronger global partnerships.

What is Remitly Business?

Remitly Business is a specialised payment platform designed for UK-based organisations seeking efficient international money transfers. It simplifies the process of paying overseas teams, vendors, and invoices, eliminating the hassles associated with traditional banking methods like high fees and lengthy processing times. With a focus on speed, security, and affordability, it caters to businesses of various sizes looking to manage their global finances more effectively.

Launched as an extension of Remitly’s consumer service, the business version brings tailored features for corporate use, including dedicated account management and promotional offers on initial transfers. Businesses appreciate its intuitive interface, which allows for quick setup and execution of payments without needing extensive technical expertise. This makes it particularly valuable for SMEs expanding internationally, where every pound saved on transfers contributes to overall profitability.

At its core, Remitly Business leverages advanced technology to ensure compliant and transparent transactions, adhering to UK financial regulations while providing real-time tracking. Whether disbursing payroll to remote employees or settling supplier invoices, the platform reduces administrative burdens, allowing finance teams to focus on strategic growth rather than transactional logistics.

Key Features

• Fast transfer speeds: Money arrives in recipients’ accounts within minutes to days, depending on the destination
• Secure encryption: Advanced protection for all transactions to safeguard sensitive financial data
• Competitive pricing: Low fees and favourable exchange rates to minimise costs on international sends
• Dedicated business support: Personalised assistance via phone, email, and chat for prompt issue resolution
• Easy account creation: Quick onboarding with special promotions for first-time transfers
• Multi-currency handling: Support for numerous currencies to facilitate seamless global payments
• Payment tracking: Real-time updates and notifications to monitor transfer status effortlessly
• Batch processing: Options for sending multiple payments in one go, ideal for payroll cycles

Benefits for Businesses

UK businesses turn to Remitly Business for its ability to optimise cash flow in international dealings. By reducing transfer times and fees compared to conventional banks, companies can allocate resources more effectively, potentially saving up to 50% on remittance costs. This efficiency translates into faster supplier payments, which can strengthen relationships and negotiate better terms.

Moreover, the platform’s reliability minimises risks associated with currency fluctuations and delays, providing peace of mind for finance managers. Organisations report improved team satisfaction when payroll arrives promptly, boosting morale among global workforces. For enterprises, the scalability ensures that as operations grow, payment processes remain robust and adaptable.

From a ROI perspective, the time saved on manual reconciliation and chasing payments directly impacts productivity. Businesses integrating Remitly Business often see a measurable reduction in administrative overheads, allowing teams to concentrate on core activities like innovation and market expansion.

Use Cases and Applications

Remitly Business excels in scenarios involving overseas payroll management, where UK firms with distributed teams need to pay employees in their local currencies without hassle. For instance, a tech startup with developers in Eastern Europe can schedule monthly disbursements, ensuring compliance with local tax rules while keeping costs low.

In vendor and contractor payments, e-commerce businesses benefit from sending invoices to suppliers in Asia or Latin America. This use case is common in supply chain-heavy industries, where timely payments prevent disruptions and maintain inventory flow. A manufacturing company, for example, might use batch transfers to settle multiple supplier accounts in one session, streamlining end-of-month processes.

Another key application is global team support, such as reimbursing travel expenses or funding projects abroad. Consulting firms with international clients leverage the platform to invoice and receive payments indirectly through efficient outflows, enhancing cash cycle management. These real-world uses demonstrate how Remitly Business adapts to diverse business needs, promoting agility in a globalised economy.

Integration & Ecosystem

Remitly Business fits seamlessly into broader business workflows through API integrations and compatibility with accounting tools. Companies can connect it to systems like Sage or Xero for automatic payment syncing, reducing errors in financial reporting. This ecosystem approach ensures that global payments become a natural extension of existing finance operations.

For larger organisations, custom integrations allow embedding transfer functionalities into ERP systems, enabling automated triggers based on invoice approvals. Such connectivity not only enhances accuracy but also provides comprehensive audit trails, crucial for regulatory compliance in international trade.

Pricing and Plans

Remitly Business employs a flexible, pay-per-transfer model that avoids fixed subscriptions, making it accessible for occasional users. Fees generally start from £1 per transaction, scaling with transfer volume and providing discounts for frequent or high-value sends. Exchange rate margins are competitive, often better than high-street banks, ensuring value for money.

Businesses can access volume-based pricing tiers, where regular users negotiate lower rates, and promotional offers like waived fees on first transfers encourage trial. For enterprises, custom plans include priority processing and dedicated support, typically arranged annually to align with budgeting cycles. Free setup and no hidden charges further enhance its appeal for cost-conscious UK firms.

Exclusive Savings on Remitly Business

UK businesses looking to maximise value on Remitly Business can explore exclusive perks and discounts through PerkLedger. Our platform aggregates verified deals from finance providers, helping companies reduce payment costs by accessing negotiated rates and promotional credits. Additionally, PerkLedger’s Discovery Rewards programme allows members to earn cashback on eligible purchases, turning routine international transfers into tangible savings opportunities. Access these benefits through our website, browser extension, or mobile app to stay updated on the latest Remitly Business offers.

Getting Started with Remitly Business

Beginning with Remitly Business is straightforward, starting with a simple online account creation process that takes minutes. Businesses verify their details to comply with regulations, then fund transfers via bank links or cards. The platform guides users through initial setups, including linking to accounting software for efficiency.

Once active, teams can initiate payments via the dashboard, setting up recurring schedules for payroll or one-off vendor sends. Support resources and tutorials ensure smooth adoption, with most users operational within a day. This ease of implementation makes it an attractive choice for businesses scaling their global presence without technical disruptions.