Remitting from Australia to Tuvalu

The following table shows how much it costs to remit money from Australia To Tuvalu. Click on column headings to sort the data.

Note: Corridor averages are unweighted and do not reflect the market shares of the different firms that compose the average. For comparability purposes, the two initial USD reference amounts of $200 and $500 were kept. In the third quarter of 2009, the amounts in local currency were adjusted in order to reflect foreign exchange fluctuations.

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Collection period for Third quarter 2009

See prices in AUD | USD

240600

				Total cost
Firm name	Firm type	Fee (AUD)	Exchange rate margin (%)	Percent (%)	AUD	Transfer speed	Network Coverage	Date
HSBC	Bank	20.00	0.00	8.33	19.99	3-5 days	Major cities	Aug 08, 2009
MoneyGram	MTO	20.00	0.00	8.33	19.99	Less than one hour	Nationwide	Aug 08, 2009
St. George	Bank	20.00	0.00	8.33	19.99	3-5 days	Major cities	Aug 08, 2009
Suncorp	Bank	20.00	0.00	8.33	19.99	3-5 days	Major cities	Aug 08, 2009
Westpac	Bank	20.00	0.00	8.33	19.99	2 days	Major cities	Aug 08, 2009
Commonwealth Bank	Bank	22.00	0.00	9.17	22.01	3-5 days	Major cities	Aug 08, 2009
National Australia Bank (NAB)	Bank	22.00	0.00	9.17	22.01	3-5 days	Major cities	Aug 08, 2009
ANZ Bank	Bank	24.00	0.00	10.00	24.00	3-5 days	Major cities	Aug 08, 2009
Citibank	Bank	25.00	0.00	10.42	25.01	2 days	Major cities	Aug 08, 2009
HSBC	Bank	25.00	0.00	10.42	25.01	3-5 days	Major cities	Aug 08, 2009
ANZ Bank	Bank	28.00	0.00	11.67	28.01	3-5 days	Major cities	Aug 08, 2009
Commonwealth Bank	Bank	28.00	0.00	11.67	28.01	3-5 days	Major cities	Aug 08, 2009
National Australia Bank (NAB)	Bank	30.00	0.00	12.50	30.00	3-5 days	Major cities	Aug 08, 2009
St. George	Bank	30.00	0.00	12.50	30.00	3-5 days	Major cities	Aug 08, 2009
Suncorp	Bank	30.00	0.00	12.50	30.00	3-5 days	Major cities	Aug 08, 2009
Westpac	Bank	30.00	0.00	12.50	30.00	2 days	Major cities	Aug 08, 2009
BankWest	Bank	35.00	0.00	14.58	34.99	3-5 days	N/A	Aug 08, 2009
Western Union	MTO	50.00	0.00	20.83	49.99	Less than one hour	Nationwide	Aug 08, 2009
Bank Average		25.56	0.00	10.65	25.56
MTO Average		35.00	0.00	14.58	34.99
Total Average		26.61	0.00	11.09	26.62

	Total cost
Firm name	Firm type	Fee (AUD)	Exchange rate margin (%)	Percent (%)	AUD	Transfer speed	Network Coverage	Date
HSBC	Bank	20.00	0.00	3.33	19.98	3-5 days	Major cities	Aug 08, 2009
St. George	Bank	20.00	0.00	3.33	19.98	3-5 days	Major cities	Aug 08, 2009
Suncorp	Bank	20.00	0.00	3.33	19.98	3-5 days	Major cities	Aug 08, 2009
Westpac	Bank	20.00	0.00	3.33	19.98	2 days	Major cities	Aug 08, 2009
Commonwealth Bank	Bank	22.00	0.00	3.67	22.02	3-5 days	Major cities	Aug 08, 2009
National Australia Bank (NAB)	Bank	22.00	0.00	3.67	22.02	3-5 days	Major cities	Aug 08, 2009
ANZ Bank	Bank	24.00	0.00	4.00	24.00	3-5 days	Major cities	Aug 08, 2009
Citibank	Bank	25.00	0.00	4.17	25.02	2 days	Major cities	Aug 08, 2009
HSBC	Bank	25.00	0.00	4.17	25.02	3-5 days	Major cities	Aug 08, 2009
ANZ Bank	Bank	28.00	0.00	4.67	28.02	3-5 days	Major cities	Aug 08, 2009
Commonwealth Bank	Bank	28.00	0.00	4.67	28.02	3-5 days	Major cities	Aug 08, 2009
National Australia Bank (NAB)	Bank	30.00	0.00	5.00	30.00	3-5 days	Major cities	Aug 08, 2009
St. George	Bank	30.00	0.00	5.00	30.00	3-5 days	Major cities	Aug 08, 2009
Suncorp	Bank	30.00	0.00	5.00	30.00	3-5 days	Major cities	Aug 08, 2009
Westpac	Bank	30.00	0.00	5.00	30.00	2 days	Major cities	Aug 08, 2009
BankWest	Bank	35.00	0.00	5.83	34.98	3-5 days	N/A	Aug 08, 2009
MoneyGram	MTO	50.00	0.00	8.33	49.98	Less than one hour	Nationwide	Aug 08, 2009
Western Union	MTO	50.00	0.00	8.33	49.98	Less than one hour	Nationwide	Aug 08, 2009
Bank Average		25.56	0.00	4.26	25.56
MTO Average		50.00	0.00	8.33	49.98
Total Average		28.28	0.00	4.71	28.26

Corridor note

In this corridor all RSPs send and payout in AUD. Tuvalu has officially adopted the AUD as its currency.

200500501

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
HSBC	Bank	16.67	0.00	8.33	16.66	3-5 days	Major cities	Aug 08, 2009
MoneyGram	MTO	16.67	0.00	8.33	16.66	Less than one hour	Nationwide	Aug 08, 2009
St. George	Bank	16.67	0.00	8.33	16.66	3-5 days	Major cities	Aug 08, 2009
Suncorp	Bank	16.67	0.00	8.33	16.66	3-5 days	Major cities	Aug 08, 2009
Westpac	Bank	16.67	0.00	8.33	16.66	2 days	Major cities	Aug 08, 2009
Commonwealth Bank	Bank	18.33	0.00	9.17	18.34	3-5 days	Major cities	Aug 08, 2009
National Australia Bank (NAB)	Bank	18.33	0.00	9.17	18.34	3-5 days	Major cities	Aug 08, 2009
ANZ Bank	Bank	20.00	0.00	10.00	20.00	3-5 days	Major cities	Aug 08, 2009
Citibank	Bank	20.83	0.00	10.42	20.84	2 days	Major cities	Aug 08, 2009
HSBC	Bank	20.83	0.00	10.42	20.84	3-5 days	Major cities	Aug 08, 2009
ANZ Bank	Bank	23.33	0.00	11.67	23.34	3-5 days	Major cities	Aug 08, 2009
Commonwealth Bank	Bank	23.33	0.00	11.67	23.34	3-5 days	Major cities	Aug 08, 2009
National Australia Bank (NAB)	Bank	25.00	0.00	12.50	25.00	3-5 days	Major cities	Aug 08, 2009
St. George	Bank	25.00	0.00	12.50	25.00	3-5 days	Major cities	Aug 08, 2009
Suncorp	Bank	25.00	0.00	12.50	25.00	3-5 days	Major cities	Aug 08, 2009
Westpac	Bank	25.00	0.00	12.50	25.00	2 days	Major cities	Aug 08, 2009
BankWest	Bank	29.17	0.00	14.58	29.16	3-5 days	N/A	Aug 08, 2009
Western Union	MTO	41.67	0.00	20.83	41.66	Less than one hour	Nationwide	Aug 08, 2009
Bank Average		21.30	0.00	10.65	21.30
MTO Average		29.17	0.00	14.58	29.16
Total Average		22.18	0.00	11.09	22.18

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
HSBC	Bank	16.67	0.00	3.33	16.65	3-5 days	Major cities	Aug 08, 2009
St. George	Bank	16.67	0.00	3.33	16.65	3-5 days	Major cities	Aug 08, 2009
Suncorp	Bank	16.67	0.00	3.33	16.65	3-5 days	Major cities	Aug 08, 2009
Westpac	Bank	16.67	0.00	3.33	16.65	2 days	Major cities	Aug 08, 2009
Commonwealth Bank	Bank	18.33	0.00	3.67	18.35	3-5 days	Major cities	Aug 08, 2009
National Australia Bank (NAB)	Bank	18.33	0.00	3.67	18.35	3-5 days	Major cities	Aug 08, 2009
ANZ Bank	Bank	20.00	0.00	4.00	20.00	3-5 days	Major cities	Aug 08, 2009
Citibank	Bank	20.83	0.00	4.17	20.85	2 days	Major cities	Aug 08, 2009
HSBC	Bank	20.83	0.00	4.17	20.85	3-5 days	Major cities	Aug 08, 2009
ANZ Bank	Bank	23.33	0.00	4.67	23.35	3-5 days	Major cities	Aug 08, 2009
Commonwealth Bank	Bank	23.33	0.00	4.67	23.35	3-5 days	Major cities	Aug 08, 2009
National Australia Bank (NAB)	Bank	25.00	0.00	5.00	25.00	3-5 days	Major cities	Aug 08, 2009
St. George	Bank	25.00	0.00	5.00	25.00	3-5 days	Major cities	Aug 08, 2009
Suncorp	Bank	25.00	0.00	5.00	25.00	3-5 days	Major cities	Aug 08, 2009
Westpac	Bank	25.00	0.00	5.00	25.00	2 days	Major cities	Aug 08, 2009
MoneyGram	MTO	41.67	0.00	8.33	41.65	Less than one hour	Nationwide	Aug 08, 2009
Western Union	MTO	41.67	0.00	8.33	41.65	Less than one hour	Nationwide	Aug 08, 2009
Bank Average		29.22	0.00	5.83	29.15
Total Average		29.22	0.00	5.83	29.15

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD		Transfer speed	Network Coverage	Date
BankWest	Bank	29.22	0.00	5.83	29.21		3-5 days	N/A	Aug 08, 2009

Corridor note

In this corridor all RSPs send and payout in AUD. Tuvalu has officially adopted the AUD as its currency.

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