Comparison

Muthoot Forex vs Remitec

Price, ratings, monetisation and update history for both apps, side by side โ€” with what reviewers say about each.

Head to head
About

Muthoot Forex

Facilitates foreign exchange and outward remittance services in compliance with RBI guidelines. Enables hassle-free currency exchange and money transfers abroad at competitive rates, empowering global travel and financial transactions.

Highlights
  • Foreign exchange services
  • Outward remittance
  • RBI compliant
  • Competitive rates
  • Hassle-free transactions
  • Global travel support
Features
Read full description

Forex & Outward Remittance services by Muthoot Forexare strictly executed as per the guidelines of RBI. With simplified foreign exchange services, our customers are empowered to travel anywhere in the world without having to worry about the availability of currency. Muthoot Foreign Exchange offers hassle-free currency exchange & outward remittance services at highly competitive rates

About

Remitec

Features
Read full description

Remitec: Remittances Made Simple Remitec brings everything you need to manage remittances, connect with customers, and promote your business in one simple app. Send remittances quickly through an intuitive experience designed to make every step clear and convenient. Whether you are at home or on the go, Remitec helps you complete transactions in just a few minutes. Want to promote your latest campaign? Create customized banners with engaging messages, attractive visuals, and clear calls to action. It is an easy way to reach your audience, increase brand visibility, and support your business goals. Stay close to your customers with the integrated Message Center. Share remittance updates, answer questions, provide personalized support, and communicate important news, all from one place. Your security matters. Remitec uses identity verification and security measures to help protect your account, personal information, and transactions. Give your customers a faster, easier, and more convenient experience. With Remitec, managing remittances and customer communication feels simple from the start.

Screenshots

Muthoot Forex4 screens
Remitec4 screens

Verdict

The call

The clearest difference is ads: Muthoot Forex at none against Remitec's shown. Muthoot Forex also leads on iOS requirement (13.0 vs 15.0). On price, update cadence, in-app purchases and device support there is nothing between them.

Scored on Price ยท Rating ยท Positive reviews ยท Number of ratings ยท Update frequency ยท Ads ยท In-app purchases ยท Monetization ยท Best chart rank ยท Devices ยท Requires iOS

CostPrice ยท In-app purchases ยท Ads ยท Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

Muthoot Forex ships an update every 5 months, Remitec every 10 months. The most recent releases landed on October 7, 2026 and October 12, 2026 respectively.

Scorecard2 real differences ยท 6 level
Muthoot Forex versus Remitec: the parameters behind the verdict, then further details
ParameterMuthoot ForexRemitec
PriceFreeFree
Positive reviews100.0% of reviewsโ€”
Update frequencyEvery 5 months โ€” betterEvery 10 months
AdsNo โ€” betterYes
In-app purchasesNoNo
MonetizationFreeโ€”
DevicesiPhone, iPodiPhone, iPad, iPod โ€” better
Requires iOS13.0 โ€” better15.0
Further details โ€” not scored
Size16 MB92 MB
Age rating4+17+
DeveloperMuthoot Finance LimitedRemitec Solutions Ltd

In-app purchases

None

Muthoot Forex

No in-app purchases

None

Remitec

No in-app purchases

Questions

Is Muthoot Forex free?
Muthoot Forex is free to download, with no in-app purchases.
Is Remitec free?
Remitec is free to download, with no in-app purchases.
Do Muthoot Forex or Remitec have ads?
Remitec shows ads; Muthoot Forex does not.
Which is updated more often, Muthoot Forex or Remitec?
Muthoot Forex ships an update every 5 months, and Remitec every 10 months. Most recently, Muthoot Forex was updated on October 7, 2026 and Remitec on October 12, 2026.

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