United Kingdom

The following tables show how much it costs to remit money from United Kingdom to

- Albania
- Bangladesh
- Brazil
- Bulgaria
- China
- Ghana
- India
- Jamaica
- Kenya
- Lithuania
- Nepal
- Nigeria
- Pakistan
- Philippines
- Poland
- Romania
- Rwanda
- Sierra Leone
- South Africa
- Sri Lanka
- Uganda
- Zambia

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.

How much does it cost to remit?

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Remitting from United Kingdom to Albania

Collection period for Third quarter 2009 | First quarter 2009

See prices in GBP | USD

120300

				Total cost
Firm name	Firm type	Fee (GBP)	Exchange rate margin (%)	Percent (%)	GBP	Transfer speed	Network Coverage	Date
Moneybookers	MTO	2.10	4.27	6.02	7.22	Less than one hour	Nationwide	Aug 13, 2009
Money Remittance Worldwide	MTO	3.00	3.66	6.16	7.39	Next day	Nationwide	Aug 13, 2009
Ria Envia	MTO	4.80	3.03	7.03	8.44	Same day	Nationwide	Aug 13, 2009
Coinstar Money Transfer	MTO	5.00	4.27	8.44	10.13	Next day	Nationwide	Aug 13, 2009
iKobo	MTO	11.50	0.35	9.93	11.92	N/A	Nationwide	Aug 13, 2009
Chequepoint	MTO	5.00	6.84	11.00	13.20	Next day	Main city	Aug 13, 2009
MoneyGram	MTO	9.99	3.00	11.33	13.60	Less than one hour	Nationwide	Aug 13, 2009
Western Union	MTO	9.90	3.63	11.88	14.26	Less than one hour	Nationwide	Aug 13, 2009
Western Union	MTO	21.00	3.63	21.13	25.36	Less than one hour	Nationwide	Aug 13, 2009
MTO Average		8.03	3.63	10.33	12.40
Total Average		8.03	3.63	10.33	12.40
Total Average in First Quarter 2009		9.06	6.01	14.64	17.57

	Total cost
Firm name	Firm type	Fee (GBP)	Exchange rate margin (%)	Percent (%)	GBP	Transfer speed	Network Coverage	Date
Moneybookers	MTO	2.10	4.27	5.07	15.21	Less than one hour	Nationwide	Aug 13, 2009
Coinstar Money Transfer	MTO	5.00	4.27	6.17	18.51	Next day	Nationwide	Aug 13, 2009
MoneyGram	MTO	9.99	3.00	6.79	20.37	Less than one hour	Nationwide	Aug 13, 2009
Money Remittance Worldwide	MTO	9.00	3.66	7.07	21.21	Next day	Nationwide	Aug 13, 2009
Ria Envia	MTO	12.00	3.03	7.58	22.74	Same day	Nationwide	Aug 13, 2009
iKobo	MTO	21.25	0.35	8.40	25.20	N/A	Nationwide	Aug 13, 2009
Western Union	MTO	14.90	3.63	9.28	27.84	Less than one hour	Nationwide	Aug 13, 2009
Chequepoint	MTO	9.75	6.84	10.53	31.59	Next day	Main city	Aug 13, 2009
Western Union	MTO	27.00	3.63	13.86	41.58	Less than one hour	Nationwide	Aug 13, 2009
MTO Average		12.33	3.63	8.30	24.90
Total Average		12.33	3.63	8.30	24.90
Total Average in First Quarter 2009		12.78	6.01	10.85	32.55

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Moneybookers	MTO	3.50	4.27	6.02	12.04	Less than one hour	Nationwide	Aug 13, 2009
Money Remittance Worldwide	MTO	5.00	3.66	6.16	12.32	Next day	Nationwide	Aug 13, 2009
Ria Envia	MTO	8.00	3.03	7.03	14.06	Same day	Nationwide	Aug 13, 2009
Coinstar Money Transfer	MTO	8.33	4.27	8.44	16.88	Next day	Nationwide	Aug 13, 2009
iKobo	MTO	11.50	0.35	9.93	19.86	N/A	Nationwide	Aug 13, 2009
Chequepoint	MTO	8.33	6.84	11.00	22.00	Next day	Main city	Aug 13, 2009
MoneyGram	MTO	16.65	3.00	11.33	22.66	Less than one hour	Nationwide	Aug 13, 2009
Western Union	MTO	16.50	3.63	11.88	23.76	Less than one hour	Nationwide	Aug 13, 2009
Western Union	MTO	35.00	3.63	21.13	42.26	Less than one hour	Nationwide	Aug 13, 2009
MTO Average		12.54	3.63	10.33	20.66
Total Average		12.54	3.63	10.33	20.66
Total Average in First Quarter 2009		17.27	6.01	14.64	29.28

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Moneybookers	MTO	3.50	4.27	5.07	25.35	Less than one hour	Nationwide	Aug 13, 2009
Coinstar Money Transfer	MTO	8.33	4.27	6.17	30.85	Next day	Nationwide	Aug 13, 2009
MoneyGram	MTO	16.65	3.00	6.79	33.95	Less than one hour	Nationwide	Aug 13, 2009
Money Remittance Worldwide	MTO	15.00	3.66	7.07	35.35	Next day	Nationwide	Aug 13, 2009
Ria Envia	MTO	20.00	3.03	7.58	37.90	Same day	Nationwide	Aug 13, 2009
iKobo	MTO	21.25	0.35	8.40	42.00	N/A	Nationwide	Aug 13, 2009
Western Union	MTO	24.83	3.63	9.28	46.40	Less than one hour	Nationwide	Aug 13, 2009
Chequepoint	MTO	16.25	6.84	10.53	52.65	Next day	Main city	Aug 13, 2009
Western Union	MTO	45.00	3.63	13.86	69.30	Less than one hour	Nationwide	Aug 13, 2009
MTO Average		18.98	3.63	8.30	41.50
Total Average		18.98	3.63	8.30	41.50
Total Average in First Quarter 2009		24.21	6.01	10.85	54.25

105264

				Total cost
Firm name	Firm type	Fee (GBP)	Exchange rate margin (%)	Percent (%)	GBP	Transfer speed	Network Coverage	Date
Ria Envia	MTO	5.25	4.18	9.18	9.64	Same day	N/A	Feb 10, 2009
Chequepoint	MTO	5.00	6.19	10.96	11.51	Next day	N/A	Feb 17, 2009
Money Remittance Worldwide	MTO	3.15	10.53	13.53	14.21	Next day	N/A	Feb 17, 2009
MoneyGram	MTO	9.99	4.93	14.45	15.17	Less than one hour	N/A	Feb 17, 2009
Coinstar Money Transfer	MTO	10.00	5.31	14.83	15.57	Next day	N/A	Feb 17, 2009
Western Union	MTO	21.00	4.91	24.91	26.16	Less than one hour	N/A	Feb 17, 2009
MTO Average		9.06	6.01	14.64	15.37
Total Average		9.06	6.01	14.64	15.37

	Total cost
Firm name	Firm type	Fee (GBP)	Exchange rate margin (%)	Percent (%)	GBP	Transfer speed	Network Coverage	Date
MoneyGram	MTO	9.99	4.93	8.72	23.02	Less than one hour	N/A	Feb 17, 2009
Coinstar Money Transfer	MTO	10.00	5.31	9.10	24.02	Next day	N/A	Feb 17, 2009
Ria Envia	MTO	13.20	4.18	9.18	24.24	Same day	N/A	Feb 10, 2009
Chequepoint	MTO	8.58	6.19	9.44	24.92	Next day	N/A	Feb 17, 2009
Money Remittance Worldwide	MTO	7.92	10.53	13.53	35.72	Next day	N/A	Feb 17, 2009
Western Union	MTO	27.00	4.91	15.13	39.94	Less than one hour	N/A	Feb 17, 2009
MTO Average		12.78	6.01	10.85	28.64
Total Average		12.78	6.01	10.85	28.64

Corridor note

In 2008 information was not collected for this corridor.

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Ria Envia	MTO	10.00	4.18	9.18	18.36	Same day	N/A	Feb 10, 2009
Chequepoint	MTO	9.52	6.19	10.96	21.92	Next day	N/A	Feb 17, 2009
Money Remittance Worldwide	MTO	6.00	10.53	13.53	27.06	Next day	N/A	Feb 17, 2009
MoneyGram	MTO	19.03	4.93	14.45	28.90	Less than one hour	N/A	Feb 17, 2009
Coinstar Money Transfer	MTO	19.05	5.31	14.83	29.66	Next day	N/A	Feb 17, 2009
Western Union	MTO	40.00	4.91	24.91	49.82	Less than one hour	N/A	Feb 17, 2009
MTO Average		17.27	6.01	14.64	29.28