Remitting from Netherlands to Suriname

The following table shows how much it costs to remit money from Netherlands To Suriname. 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 | First quarter 2009 | 2008

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140350

				Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Moneybookers	MTO	2.30	1.75	3.39	4.75	Less than one hour	Nationwide	Aug 15, 2009
ABN AMRO Bank	Bank	5.50	0.70	4.63	6.48	6 days or more	Nationwide	Aug 15, 2009
iKobo	MTO	7.74	1.40	6.93	9.70	Less than one hour	Nationwide	Aug 15, 2009
Western Union	MTO	10.00	3.36	10.50	14.70	Less than one hour	Nationwide	Aug 15, 2009
MoneyGram	MTO	9.99	4.70	11.83	16.56	Less than one hour	Nationwide	Aug 15, 2009
Fortis Bank	Bank	6.80	7.69	12.55	17.57	6 days or more	Nationwide	Aug 15, 2009
Suri-Change	MTO	10.00	8.62	15.76	22.06	Less than one hour	Main city	Aug 15, 2009
ING Bank/Postbank	Bank	19.00	5.31	18.89	26.45	6 days or more	Nationwide	Aug 15, 2009
Bank Average		10.43	4.57	12.02	16.83
MTO Average		8.01	3.96	9.68	13.55
Total Average		8.92	4.19	10.56	14.78
Total Average in First Quarter 2009		9.00	4.57	11.23	15.72

	Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
ABN AMRO Bank	Bank	5.50	0.70	2.27	7.94	6 days or more	Nationwide	Aug 15, 2009
Moneybookers	MTO	2.30	3.50	4.15	14.53	Less than one hour	Nationwide	Aug 15, 2009
iKobo	MTO	14.05	1.40	5.41	18.93	Less than one hour	Nationwide	Aug 15, 2009
Western Union	MTO	12.00	3.36	6.79	23.76	Less than one hour	Nationwide	Aug 15, 2009
MoneyGram	MTO	14.99	4.70	8.98	31.43	Less than one hour	Nationwide	Aug 15, 2009
Fortis Bank	Bank	6.80	7.69	9.64	33.74	6 days or more	Nationwide	Aug 15, 2009
ING Bank/Postbank	Bank	19.00	5.29	10.72	37.52	6 days or more	Nationwide	Aug 15, 2009
Suri-Change	MTO	10.00	8.62	11.48	40.18	Less than one hour	Main city	Aug 15, 2009
Bank Average		10.43	4.56	7.54	26.39
MTO Average		10.67	4.31	7.36	25.76
Total Average		10.58	4.41	7.43	26.00
Total Average in First Quarter 2009		10.66	4.57	7.80	27.30

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Moneybookers	MTO	3.29	1.75	3.39	6.78	Less than one hour	Nationwide	Aug 15, 2009
ABN AMRO Bank	Bank	7.86	0.70	4.63	9.26	6 days or more	Nationwide	Aug 15, 2009
iKobo	MTO	11.06	1.40	6.93	13.86	Less than one hour	Nationwide	Aug 15, 2009
Western Union	MTO	14.29	3.36	10.50	21.00	Less than one hour	Nationwide	Aug 15, 2009
MoneyGram	MTO	14.27	4.70	11.83	23.66	Less than one hour	Nationwide	Aug 15, 2009
Fortis Bank	Bank	9.71	7.69	12.55	25.10	6 days or more	Nationwide	Aug 15, 2009
Suri-Change	MTO	14.29	8.62	15.76	31.52	Less than one hour	Main city	Aug 15, 2009
ING Bank/Postbank	Bank	27.14	5.31	18.89	37.78	6 days or more	Nationwide	Aug 15, 2009
Bank Average		14.90	4.57	12.02	24.04
MTO Average		11.44	3.96	9.68	19.36
Total Average		12.74	4.19	10.56	21.12
Total Average in First Quarter 2009		13.33	4.57	11.23	22.46

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
ABN AMRO Bank	Bank	7.86	0.70	2.27	11.35	6 days or more	Nationwide	Aug 15, 2009
Moneybookers	MTO	3.29	3.50	4.15	20.75	Less than one hour	Nationwide	Aug 15, 2009
iKobo	MTO	20.07	1.40	5.41	27.05	Less than one hour	Nationwide	Aug 15, 2009
Western Union	MTO	17.14	3.36	6.79	33.95	Less than one hour	Nationwide	Aug 15, 2009
MoneyGram	MTO	21.41	4.70	8.98	44.90	Less than one hour	Nationwide	Aug 15, 2009
Fortis Bank	Bank	9.71	7.69	9.64	48.20	6 days or more	Nationwide	Aug 15, 2009
ING Bank/Postbank	Bank	27.14	5.29	10.72	53.60	6 days or more	Nationwide	Aug 15, 2009
Suri-Change	MTO	14.29	8.62	11.48	57.40	Less than one hour	Main city	Aug 15, 2009
Bank Average		14.90	4.56	7.54	37.70
MTO Average		15.24	4.31	7.36	36.80
Total Average		15.11	4.41	7.43	37.15
Total Average in First Quarter 2009		16.16	4.57	7.80	39.00

135330

				Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
MoneyGram	MTO	9.99	2.00	9.40	12.69	Less than one hour	Nationwide	Feb 12, 2009
Western Union	MTO	10.00	3.12	10.53	14.22	Less than one hour	N/A	Feb 13, 2009
Suri-Change	MTO	7.00	8.57	13.76	18.58	Same day	Main city	Feb 12, 2009
MTO Average		9.00	4.57	11.23	15.16
Total Average		9.00	4.57	11.23	15.16
Total Average in 2008		8.49	4.53	10.82	14.61

	Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
MoneyGram	MTO	9.99	2.00	5.03	16.60	Less than one hour	Nationwide	Feb 12, 2009
Western Union	MTO	12.00	3.12	6.76	22.31	Less than one hour	N/A	Feb 13, 2009
Suri-Change	MTO	10.00	8.57	11.60	38.28	Same day	Main city	Feb 12, 2009
MTO Average		10.66	4.57	7.80	25.74
Total Average		10.66	4.57	7.80	25.74
Total Average in 2008		8.99	4.53	7.25	23.92

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
MoneyGram	MTO	14.80	2.00	9.40	18.80	Less than one hour	Nationwide	Feb 12, 2009
Western Union	MTO	14.81	3.12	10.53	21.06	Less than one hour	N/A	Feb 13, 2009
Suri-Change	MTO	10.37	8.57	13.76	27.52	Same day	Main city	Feb 12, 2009
MTO Average		13.33	4.57	11.23	22.46
Total Average		13.33	4.57	11.23	22.46
Total Average in 2008		12.59	4.53	10.82	21.64

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
MoneyGram	MTO	15.14	2.00	5.03	25.15	Less than one hour	Nationwide	Feb 12, 2009
Western Union	MTO	18.18	3.12	6.76	33.80	Less than one hour	N/A	Feb 13, 2009
Suri-Change	MTO	15.15	8.57	11.60	58.00	Same day	Main city	Feb 12, 2009
MTO Average		16.16	4.57	7.80	39.00
Total Average		16.16	4.57	7.80	39.00
Total Average in 2008		13.63	4.53	7.25	36.25

135330

				Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Suri-Change	MTO	7.00	2.59	7.77	10.49	Same day	-	May 27, 2008
MoneyGram	MTO	9.99	6.47	13.87	18.72	Same day	-	May 27, 2008
MTO Average		8.49	4.53	10.82	14.61
Total Average		8.49	4.53	10.82	14.61
First Quarter 2009		9.00	4.57	11.23	15.16

	Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Suri-Change	MTO	8.00	2.59	5.01	16.53	Same day	-	May 27, 2008
MoneyGram	MTO	9.99	6.47	9.49	31.32	Same day	-	May 27, 2008
MTO Average		8.99	4.53	7.25	23.92
Total Average		8.99	4.53	7.25	23.92
First Quarter 2009		10.66	4.57	7.80	25.74

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Suri-Change	MTO	10.37	2.59	7.77	15.54	Same day	-	May 27, 2008
MoneyGram	MTO	14.80	6.47	13.87	27.74	Same day	-	May 27, 2008
MTO Average		12.59	4.53	10.82	21.64
Total Average		12.59	4.53	10.82	21.64
First Quarter 2009		13.33	4.57	11.23	22.46

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Suri-Change	MTO	12.12	2.59	5.01	25.05	Same day	-	May 27, 2008
MoneyGram	MTO	15.14	6.47	9.49	47.45	Same day	-	May 27, 2008
MTO Average		13.63	4.53	7.25	36.25
Total Average		13.63	4.53	7.25	36.25
First Quarter 2009		16.16	4.57	7.80	39.00

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