How We Compare Providers | Methodology

Safety principle: remit.ae does not call a rate “live” unless the source is an approved official API source and the data is fresh. All other data is labelled estimated, recently checked, or stale.

What remit.ae Compares

remit.ae is an independent comparison platform. We compare transfer fees, exchange rates, delivery times, and provider features across digital apps, exchange houses, and banks operating in the UAE. We do not transfer money, hold funds, or act as a financial institution.

Data Sources

We classify every data source by type. The source type determines what claims we can make about the data:

Source Type	Can Display	Can Claim Live	Notes
Official API	After approval	Only if approved + fresh	Highest confidence
Affiliate Feed	After approval	Never	Delayed — partner verified label
Public Web Page	After approval	Never	Indicative only
Exchange House Board	After approval	Never	Board ≠ counter rate
Bank Public Page	After approval	Never	Reference only
Manual Editorial Check	After approval	Never	Confidence max 70
Estimated Fallback	Never	Never	Structural placeholder only

Freshness Labels

Every piece of rate data carries a freshness label so you know how current it is:

API VerifiedData from an official API source, approved and fresh (≤15 min). Highest confidence.
Partner VerifiedData from an official affiliate or partner feed, approved and fresh.
Recently CheckedData from a public page or manual check, within freshness window.
EstimatedStatic placeholder — no real source active. Rate/fee may be null.
StaleData exists but freshness window has passed. Must not be relied upon.
UnavailableNo data available for this provider or corridor.

Confidence Scores

Each data point carries a confidence score (0–100) that reflects the reliability of the source:

Official API (approved + fresh): up to 100
Manual editorial check: maximum 70
Exchange house public board: typically 35–45
Estimated fallback: maximum 30 (structural placeholder only)

Confidence scores are clamped to the source type's reliability range and cannot be artificially inflated.

Recommendation Strength

We use four levels of recommendation strength, each tied directly to data quality:

Check Provider — Always shown. User must verify directly. Used for estimated and stale data.
May Be Strong Option — Partner-verified or recently checked, approved source.
API Verified Option — Official API, approved, fresh. Highest confidence display.
Data Unavailable — No usable data for this provider/corridor combination.

No provider is labelled “best” or “cheapest” without verified comparative data at API Verified confidence level.

When Data Is Unavailable

If a provider does not yet have an approved data source, we display the provider name and a link to their site but do not show a rate or fee. We never invent or estimate a number to fill a gap.

Why You Must Check the Provider Site

Exchange rates and fees can change in seconds for live markets and change daily for exchange houses. The rate shown on remit.ae may not be the rate offered at the time of your transaction. Always confirm the final rate, fee, and recipient amount with the provider before sending money.

Our Methodology