Remitting from Brazil to Bolivia

The following table shows how much it costs to remit money from Brazil To Bolivia. 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.

How much does it cost to remit?

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Collection period for Third quarter 2009

See prices in BRL | USD

367.7919.25

				Total cost
Firm name	Firm type	Fee (BRL)	Exchange rate margin (%)	Percent (%)	BRL	Transfer speed	Network Coverage	Date
Banco do Brasil	Bank	36.77	0.00	10.00	36.77	Same day	Nationwide	Aug 21, 2009
Western Union	MTO	36.77	0.00	10.00	36.77	Same day	Nationwide	Aug 21, 2009
Banco Bradesco	Bank	55.16	0.00	15.00	55.16	Same day	N/A	Aug 21, 2009
Banco Rendimento (Remessa Expressa)	Bank	55.16	0.00	15.00	55.16	2 days	Nationwide	Aug 21, 2009
ABN Amro Real	Bank	64.35	0.00	17.50	64.35	Same day	Nationwide	Aug 21, 2009
MoneyGram	MTO	91.92	0.00	25.00	91.92	Same day	Nationwide	Aug 21, 2009
Bank Average		52.86	0.00	14.38	52.88
MTO Average		64.35	0.00	17.50	64.35
Total Average		56.69	0.00	15.42	56.70

	Total cost
Firm name	Firm type	Fee (BRL)	Exchange rate margin (%)	Percent (%)	BRL	Transfer speed	Network Coverage	Date
Banco do Brasil	Bank	36.77	0.00	4.00	36.77	Same day	Nationwide	Aug 21, 2009
Western Union	MTO	36.77	0.00	4.00	36.77	Same day	Nationwide	Aug 21, 2009
Banco Bradesco	Bank	55.16	0.00	6.00	55.16	Same day	N/A	Aug 21, 2009
Banco Rendimento (Remessa Expressa)	Bank	55.16	0.00	6.00	55.16	2 days	Nationwide	Aug 21, 2009
ABN Amro Real	Bank	64.35	0.00	7.00	64.35	Same day	Nationwide	Aug 21, 2009
MoneyGram	MTO	91.92	0.00	10.00	91.92	Same day	Nationwide	Aug 21, 2009
Bank Average		52.86	0.00	5.75	52.86
MTO Average		64.35	0.00	7.00	64.35
Total Average		56.69	0.00	6.17	56.72

Corridor note

In this corridor all RSPs send and pay out in USD. At the point of collection, the money may be converted to the local currency or paid out in USD. Remittance recipients may incur an additional cost (not shown here) if and when converting the USD to the local currency.

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Banco do Brasil	Bank	20.00	0.00	10.00	20.00	Same day	Nationwide	Aug 21, 2009
Western Union	MTO	20.00	0.00	10.00	20.00	Same day	Nationwide	Aug 21, 2009
Banco Bradesco	Bank	30.00	0.00	15.00	30.00	Same day	N/A	Aug 21, 2009
Banco Rendimento (Remessa Expressa)	Bank	30.00	0.00	15.00	30.00	2 days	Nationwide	Aug 21, 2009
ABN Amro Real	Bank	35.00	0.00	17.50	35.00	Same day	Nationwide	Aug 21, 2009
MoneyGram	MTO	50.00	0.00	25.00	50.00	Same day	Nationwide	Aug 21, 2009
Bank Average		28.75	0.00	14.38	28.76
MTO Average		35.00	0.00	17.50	35.00
Total Average		30.83	0.00	15.42	30.84

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Banco do Brasil	Bank	20.00	0.00	4.00	20.00	Same day	Nationwide	Aug 21, 2009
Western Union	MTO	20.00	0.00	4.00	20.00	Same day	Nationwide	Aug 21, 2009
Banco Bradesco	Bank	30.00	0.00	6.00	30.00	Same day	N/A	Aug 21, 2009
Banco Rendimento (Remessa Expressa)	Bank	30.00	0.00	6.00	30.00	2 days	Nationwide	Aug 21, 2009
ABN Amro Real	Bank	35.00	0.00	7.00	35.00	Same day	Nationwide	Aug 21, 2009
MoneyGram	MTO	50.00	0.00	10.00	50.00	Same day	Nationwide	Aug 21, 2009
Bank Average		28.75	0.00	5.75	28.75
MTO Average		35.00	0.00	7.00	35.00
Total Average		30.83	0.00	6.17	30.85

Corridor note

Least costly corridors to Bolivia
- From Brazil to Bolivia
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Least costly corridors from Brazil
- From Brazil to Paraguay
- From Brazil to Bolivia
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