Comparison Methodology

Kredly is an independent comparison service for international money transfers and exchange rates. This methodology explains how we collect, organise, compare, and present provider offers.

Our goal is to help users compare the amount a recipient may receive after the provider’s exchange rate and disclosed fees are applied.

Kredly does not transfer money, hold customer funds, provide personalised financial advice, or guarantee a provider’s final quote.

1. Scope of our comparisons

Kredly currently publishes comparisons for selected sending and receiving countries, currencies, providers, and transfer routes for which sufficient data is available.

Our comparisons may include:

• The amount sent.

• The sending and receiving currencies.

• The destination country.

• The provider’s exchange rate.

• The provider’s transfer fee.

• The fee currency.

• The estimated amount received.

• The observed exchange-rate markup.

• Available payment or payout methods.

• The stated or estimated delivery time.

• Provider availability for the selected route.

Our current money transfer comparisons primarily focus on transfers funded in USD by users sending from the United States.

Kredly does not necessarily cover every provider, bank, application, currency, transfer route, or payment method available in the market.

2. Where our data comes from

Kredly uses structured data supplied through its data infrastructure and may rely on information obtained from:

• Money transfer provider APIs.

• Public provider pricing pages.

• Provider documentation and published terms.

• Market exchange-rate data.

• Structured provider and corridor records maintained by Kredly.

• Periodic observations of publicly available transfer quotes.

The availability and quality of information vary between providers. Some providers make detailed pricing available through APIs, while others publish only partial or indicative information.

We do not treat an advertised “zero fee” as proof that a transfer is free. A provider may recover part of its cost through the exchange rate it offers.

3. Comparison inputs

A transfer comparison is generated for a particular set of inputs, which may include:

• Sending country.

• Destination country.

• Sending currency.

• Receiving currency.

• Transfer amount.

• Payment method.

• Payout method.

Changing any of these inputs may change the ranking.

For example, a provider that offers the highest recipient payout for a USD 1,000 transfer may not provide the best result for USD 100 or USD 5,000.

Users should compare providers using the same amount, route, currencies, and relevant payment method.

4. How recipient payout is determined

The primary comparison value on Kredly is the estimated amount received by the recipient.

This value reflects the structured quote returned for the selected:

• Transfer amount.

• Currency pair.

• Destination.

• Provider.

• Payment or payout method, where available.

The recipient payout is intended to reflect the combined effect of the provider’s exchange rate and disclosed transfer fee.

A visible transfer fee is only one part of the cost. A provider with no transfer fee may still produce a lower payout because it uses a less favourable exchange rate.

The provider’s final quote always controls the actual transaction.

5. How organic offers are ranked

For a selected route and amount, Kredly groups available offers by provider.

Where a provider offers multiple payment or payout methods, Kredly identifies the option with the highest observed recipient payout as that provider’s primary comparison result. Other available methods may be shown within the provider’s offer details.

Organic provider results are then ordered by the estimated recipient payout, from highest to lowest.

In practical terms:

• A higher recipient payout ranks above a lower recipient payout.

• A lower advertised fee does not automatically produce a higher ranking.

• A faster transfer does not automatically rank above a higher payout.

• A provider rating does not override the payout calculation.

• Affiliate compensation does not change the organic order.

Kredly may identify the provider with the highest observed recipient payout as the Best overall result for that specific comparison.

This label applies only to the displayed route, amount, currencies, and available data at the time of observation.

6. Secondary comparison labels

In addition to the primary payout ranking, Kredly may display secondary labels to help users understand particular offer characteristics.

Lowest fee

The provider or offer with the lowest disclosed transfer fee among the available results.

A low fee does not necessarily mean the lowest total transfer cost because exchange-rate markup may still apply.

Lowest FX markup

The provider or offer with the lowest available exchange-rate markup compared with the relevant benchmark rate.

Markup data may be unavailable for some offers.

Fastest

The provider associated with the shortest stated or estimated delivery time among the available offers.

Delivery times are estimates and may be affected by identity verification, payment method, banking hours, weekends, holidays, compliance checks, and recipient-bank processing.

These secondary labels do not replace the primary recipient-payout ranking.

7. Exchange rates and FX markup

Where sufficient data is available, Kredly compares the provider’s exchange rate with a market reference rate.

The difference between the reference rate and the provider’s customer rate may be presented as an exchange-rate markup.

The markup helps users understand transfer costs that may not appear as a separate fee.

Market rates can change frequently. The reference rate displayed by Kredly:

• Is provided for informational purposes.

• May update at a different time from a provider quote.

• May not be directly available to consumers.

• Does not include provider fees.

• Is not a guaranteed transaction rate.

If reliable markup information is unavailable, Kredly may display the value as unavailable rather than estimate it without sufficient support.

8. Delivery estimates

Delivery information may come from provider data, published service information, or structured observations.

A delivery estimate is not a guarantee.

Actual delivery may depend on:

• The time and day the transfer is submitted.

• The payment method.

• The payout method.

• Identity and compliance checks.

• Transfer amount and limits.

• Intermediary or recipient banks.

• Local banking hours and public holidays.

• Incorrect or incomplete recipient information.

• Technical or operational delays.

Users should confirm the latest delivery estimate directly with the provider before paying.

9. Data freshness and timestamps

Kredly refreshes transfer and exchange-rate information periodically.

Where available, pages display a timestamp showing when the underlying corridor or offer information was last updated or verified.

Different data elements may update at different times. For example:

• Market exchange rates may refresh independently from provider offers.

• Provider fees may change without advance notice.

• Delivery estimates may remain unchanged for longer periods.

• A provider may temporarily stop returning quotes for a route.

Kredly does not replace unavailable live data with invented provider offers. If a required data source is unavailable, a quote or page component may be shown as unavailable until verified information returns.

10. Affiliate relationships

Some provider links on Kredly are affiliate links. KredlyCo may earn a commission when a user follows one of these links and completes an eligible action.

Affiliate compensation does not:

• Increase a provider’s recipient payout.

• Change the provider’s observed fee or exchange rate.

• Improve its organic position.

• Award a secondary comparison label.

• Guarantee inclusion on Kredly.

• Prevent Kredly from publishing relevant limitations.

Commercial relationships are disclosed near applicable links and described in our Affiliate Disclosure.

11. Sponsored placements

Kredly may display sponsored placements or paid promotional content.

If sponsored content is introduced, it should be:

• Clearly labelled as sponsored or paid.

• Visually distinguishable from organic results.

• Kept separate from the organic ranking calculation.

• Presented without replacing or reordering organic results.

Payment for a sponsored placement does not make the provider the organic Best overall result.

12. Provider ratings and reviews

Provider ratings, profile information, advantages, limitations, and editorial explanations may be displayed separately from transfer-offer rankings.

A provider rating does not determine the organic order of offers for a specific transfer.

Provider pages may consider information such as:

• Observed fees and exchange-rate markups.

• Availability across published routes.

• Delivery information.

• Supported methods.

• Public provider information.

• Structured provider data.

• Material limitations or unavailable information.

A provider’s availability, regulation, and consumer protections may differ by jurisdiction. Users should verify the legal entity and regulator that apply to them.

13. Provider inclusion and removal

A provider may be included when Kredly has sufficient information to present a useful and supportable comparison or profile.

A provider may be excluded or temporarily removed when:

• Pricing information is unavailable.

• Quotes cannot be verified.

• Required data is incomplete.

• The provider does not serve a published route.

• The service is no longer available.

• Technical failures prevent reliable comparison.

• Displaying the information could mislead users.

A commercial relationship is not required for inclusion.

Kredly does not guarantee that every provider operating in a market will be included.

14. Limitations of the methodology

No comparison system can account for every individual circumstance.

Kredly’s displayed result may not include:

• Promotional rates available only to selected users.

• Loyalty benefits.

• Negotiated rates.

• Fees charged by the sender’s bank.

• Intermediary-bank charges.

• Recipient-bank charges.

• Card issuer fees.

• Cash-agent charges.

• Taxes or government fees.

• Charges introduced after the quote.

• Provider-specific eligibility restrictions.

• Individual compliance or verification requirements.

The highest displayed payout may not be the most suitable option for every user. Some users may reasonably prioritise speed, payment method, support, regulatory protection, transfer limits, or provider familiarity.

15. Corrections and challenges

We welcome reports about inaccurate, incomplete, or outdated information.

To report an issue, email corrections@kredly.co and include:

• The affected page URL.

• The provider or transfer route.

• The information you believe is incorrect.

• The date and time you observed the issue.

• A supporting source or screenshot, where available.

We review material reports against available data and reliable sources. Confirmed errors may be corrected, clarified, or removed.

More information is available in our Corrections Policy.

16. Methodology updates

We may update this methodology when:

• New comparison fields are introduced.

• Ranking logic changes.

• Data sources change.

• Provider coverage expands.

• Sponsored placements are introduced.

• Legal or regulatory requirements change.

• We identify a clearer or more useful way to present comparisons.

Material methodology changes will be reflected on this page by updating the review date.

Questions about this methodology can be sent to corrections@kredly.co.