Remitting from Netherlands to Ghana

The following table shows how much it costs to remit money from Netherlands To Ghana. 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	0.00	1.64	2.30	Less than one hour	Nationwide	Aug 13, 2009
ABN AMRO Bank	Bank	5.50	1.42	5.35	7.49	6 days or more	Nationwide	Aug 13, 2009
Unity Monetary Services BV	MTO	10.00	-0.14	7.00	9.80	Less than one hour	Nationwide	Aug 13, 2009
MoneyTrans	MTO	8.00	3.21	8.93	12.50	2 days	Nationwide	Aug 13, 2009
MoneyGram	MTO	9.99	4.17	11.31	15.83	Less than one hour	Nationwide	Aug 13, 2009
Rabobank	Bank	18.00	0.72	13.58	19.01	6 days or more	Nationwide	Aug 13, 2009
Western Union	MTO	17.00	4.22	16.36	22.90	Less than one hour	Nationwide	Aug 13, 2009
ING Bank/Postbank	Bank	25.00	0.00	17.86	25.00	6 days or more	Nationwide	Aug 13, 2009
Bank Average		16.17	0.71	12.26	17.16
MTO Average		9.46	2.29	9.05	12.67
Total Average		11.97	1.70	10.25	14.35
Total Average in First Quarter 2009		12.40	7.20	16.38	22.93

	Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Moneybookers	MTO	2.30	0.00	0.66	2.31	Less than one hour	Nationwide	Aug 13, 2009
ABN AMRO Bank	Bank	5.50	1.42	2.99	10.46	6 days or more	Nationwide	Aug 13, 2009
Unity Monetary Services BV	MTO	15.00	-0.14	4.14	14.49	Less than one hour	Nationwide	Aug 13, 2009
MoneyTrans	MTO	12.00	3.21	6.64	23.24	2 days	Nationwide	Aug 13, 2009
ING Bank/Postbank	Bank	25.00	0.00	7.14	24.99	6 days or more	Nationwide	Aug 13, 2009
MoneyGram	MTO	14.99	4.17	8.45	29.57	Less than one hour	Nationwide	Aug 13, 2009
Rabobank	Bank	35.00	0.72	10.72	37.52	6 days or more	Nationwide	Aug 13, 2009
Western Union	MTO	23.50	4.22	10.93	38.26	Less than one hour	Nationwide	Aug 13, 2009
Bank Average		21.83	0.71	6.95	24.32
MTO Average		13.56	2.29	6.17	21.60
Total Average		16.66	1.70	6.46	22.61
Total Average in First Quarter 2009		17.80	7.20	12.59	44.06

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Moneybookers	MTO	3.29	0.00	1.64	3.28	Less than one hour	Nationwide	Aug 13, 2009
ABN AMRO Bank	Bank	7.86	1.42	5.35	10.70	6 days or more	Nationwide	Aug 13, 2009
Unity Monetary Services BV	MTO	14.29	-0.14	7.00	14.00	Less than one hour	Nationwide	Aug 13, 2009
MoneyTrans	MTO	11.43	3.21	8.93	17.86	2 days	Nationwide	Aug 13, 2009
MoneyGram	MTO	14.27	4.17	11.31	22.62	Less than one hour	Nationwide	Aug 13, 2009
Rabobank	Bank	25.71	0.72	13.58	27.16	6 days or more	Nationwide	Aug 13, 2009
Western Union	MTO	24.29	4.22	16.36	32.72	Less than one hour	Nationwide	Aug 13, 2009
ING Bank/Postbank	Bank	35.71	0.00	17.86	35.72	6 days or more	Nationwide	Aug 13, 2009
Bank Average		23.10	0.71	12.26	24.52
MTO Average		13.51	2.29	9.05	18.10
Total Average		17.11	1.70	10.25	20.50
Total Average in First Quarter 2009		18.37	7.20	16.38	32.76

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Moneybookers	MTO	3.29	0.00	0.66	3.30	Less than one hour	Nationwide	Aug 13, 2009
ABN AMRO Bank	Bank	7.86	1.42	2.99	14.95	6 days or more	Nationwide	Aug 13, 2009
Unity Monetary Services BV	MTO	21.43	-0.14	4.14	20.70	Less than one hour	Nationwide	Aug 13, 2009
MoneyTrans	MTO	17.14	3.21	6.64	33.20	2 days	Nationwide	Aug 13, 2009
ING Bank/Postbank	Bank	35.71	0.00	7.14	35.70	6 days or more	Nationwide	Aug 13, 2009
MoneyGram	MTO	21.41	4.17	8.45	42.25	Less than one hour	Nationwide	Aug 13, 2009
Rabobank	Bank	50.00	0.72	10.72	53.60	6 days or more	Nationwide	Aug 13, 2009
Western Union	MTO	33.57	4.22	10.93	54.65	Less than one hour	Nationwide	Aug 13, 2009
Bank Average		31.19	0.71	6.95	34.75
MTO Average		19.37	2.29	6.17	30.85
Total Average		23.80	1.70	6.46	32.30
Total Average in First Quarter 2009		26.97	7.20	12.59	62.95

135330

				Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Rabobank	Bank	17.00	0.00	12.59	17.00	6 days or more	N/A	Feb 11, 2009
Unity Monetary Services BV	MTO	10.00	5.71	13.12	17.71	Same day	Nationwide	Feb 11, 2009
MoneyGram	MTO	9.99	9.14	16.54	22.33	Less than one hour	Nationwide	Feb 11, 2009
MoneyTrans	MTO	8.00	13.14	19.07	25.74	2 days	Nationwide	Feb 11, 2009
Western Union	MTO	17.00	8.00	20.59	27.80	Less than one hour	Nationwide	Feb 11, 2009
Bank Average		17.00	0.00	12.59	17.00
MTO Average		11.25	9.00	17.33	23.40
Total Average		12.40	7.20	16.38	22.11
Total Average in 2008		12.00	4.98	13.86	18.71

	Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Rabobank	Bank	23.50	0.00	7.12	23.50	6 days or more	N/A	Feb 11, 2009
Unity Monetary Services BV	MTO	15.00	5.71	10.26	33.86	Same day	Nationwide	Feb 11, 2009
MoneyGram	MTO	14.99	9.14	13.69	45.18	Less than one hour	Nationwide	Feb 11, 2009
Western Union	MTO	23.50	8.00	15.12	49.90	Less than one hour	Nationwide	Feb 11, 2009
MoneyTrans	MTO	12.00	13.14	16.78	55.37	2 days	Nationwide	Feb 11, 2009
Bank Average		23.50	0.00	7.12	23.50
MTO Average		16.37	9.00	13.96	46.07
Total Average		17.80	7.20	12.59	41.55
Total Average in 2008		17.60	4.98	10.31	34.02

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Rabobank	Bank	25.19	0.00	12.59	25.18	6 days or more	N/A	Feb 11, 2009
Unity Monetary Services BV	MTO	14.81	5.71	13.12	26.24	Same day	Nationwide	Feb 11, 2009
MoneyGram	MTO	14.80	9.14	16.54	33.08	Less than one hour	Nationwide	Feb 11, 2009
MoneyTrans	MTO	11.85	13.14	19.07	38.14	2 days	Nationwide	Feb 11, 2009
Western Union	MTO	25.19	8.00	20.59	41.18	Less than one hour	Nationwide	Feb 11, 2009
Bank Average		25.19	0.00	12.59	25.18
MTO Average		16.66	9.00	17.33	34.66
Total Average		18.37	7.20	16.38	32.76
Total Average in 2008		17.77	4.98	13.86	27.72

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Rabobank	Bank	35.61	0.00	7.12	35.60	6 days or more	N/A	Feb 11, 2009
Unity Monetary Services BV	MTO	22.73	5.71	10.26	51.30	Same day	Nationwide	Feb 11, 2009
MoneyGram	MTO	22.71	9.14	13.69	68.45	Less than one hour	Nationwide	Feb 11, 2009
Western Union	MTO	35.61	8.00	15.12	75.60	Less than one hour	Nationwide	Feb 11, 2009
MoneyTrans	MTO	18.18	13.14	16.78	83.90	2 days	Nationwide	Feb 11, 2009
Bank Average		35.61	0.00	7.12	35.60
MTO Average		24.81	9.00	13.96	69.80
Total Average		26.97	7.20	12.59	62.95
Total Average in 2008		26.66	4.98	10.31	51.55

135330

				Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
MoneyTrans	MTO	6.00	3.99	8.44	11.39	Next day	-	May 29, 2008
Unity Monetary Services BV	MTO	10.00	2.17	9.57	12.92	Same day	-	May 29, 2008
MoneyGram	MTO	9.99	6.37	13.77	18.59	Same day	-	May 29, 2008
Western Union	MTO	17.00	5.74	18.34	24.76	Same day	-	May 29, 2008
Rabobank	Bank	17.00	6.61	19.21	25.93	2 days	-	May 29, 2008
Bank Average		17.00	6.61	19.21	25.93
MTO Average		10.75	4.57	12.53	16.92
Total Average		12.00	4.98	13.86	18.71
First Quarter 2009		12.40	7.20	16.38	22.11

	Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
MoneyTrans	MTO	6.00	3.99	5.81	19.17	Next day	-	May 29, 2008
Unity Monetary Services BV	MTO	15.00	2.17	6.71	22.14	Same day	-	May 29, 2008
MoneyGram	MTO	19.99	6.37	12.43	41.02	Same day	-	May 29, 2008
Western Union	MTO	23.50	5.74	12.86	42.44	Same day	-	May 29, 2008
Rabobank	Bank	23.50	6.61	13.73	45.31	2 days	-	May 29, 2008
Bank Average		23.50	6.61	13.73	45.31
MTO Average		16.12	4.57	9.45	31.18
Total Average		17.60	4.98	10.31	34.02
First Quarter 2009		17.80	7.20	12.59	41.55

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
MoneyTrans	MTO	8.89	3.99	8.44	16.88	Next day	-	May 29, 2008
Unity Monetary Services BV	MTO	14.81	2.17	9.57	19.14	Same day	-	May 29, 2008
MoneyGram	MTO	14.80	6.37	13.77	27.54	Same day	-	May 29, 2008
Western Union	MTO	25.19	5.74	18.34	36.68	Same day	-	May 29, 2008
Rabobank	Bank	25.19	6.61	19.21	38.42	2 days	-	May 29, 2008
Bank Average		25.19	6.61	19.21	38.42
MTO Average		15.92	4.57	12.53	25.06
Total Average		17.77	4.98	13.86	27.72
First Quarter 2009		18.37	7.20	16.38	32.76

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
MoneyTrans	MTO	9.09	3.99	5.81	29.05	Next day	-	May 29, 2008
Unity Monetary Services BV	MTO	22.73	2.17	6.71	33.55	Same day	-	May 29, 2008
MoneyGram	MTO	30.29	6.37	12.43	62.15	Same day	-	May 29, 2008
Western Union	MTO	35.61	5.74	12.86	64.30	Same day	-	May 29, 2008
Rabobank	Bank	35.61	6.61	13.73	68.65	2 days	-	May 29, 2008
Bank Average		35.61	6.61	13.73	68.65
MTO Average		24.43	4.57	9.45	47.25
Total Average		26.66	4.98	10.31	51.55
First Quarter 2009		26.97	7.20	12.59	62.95

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