Costa Rica

The following tables show how much it costs to remit money from Costa Rica to

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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Remitting from Costa Rica to Nicaragua

Collection period for Third quarter 2009

See prices in CRC | USD

117984294960

				Total cost
Firm name	Firm type	Fee (CRC)	Exchange rate margin (%)	Percent (%)	CRC	Transfer speed	Network Coverage	Date
ServiExpreso	MTO	1475.00	0.90	2.15	2536.66	Same day	Nationwide	Aug 25, 2009
ServiExpreso	MTO	2905.00	0.90	3.36	3964.26	Same day	Nationwide	Aug 25, 2009
Citibank	Bank	1741.00	2.33	3.81	4495.19	3-5 days	Nationwide	Aug 25, 2009
MoneyGram (HSBC)	Bank/MTO	2316.00	2.50	4.46	5262.09	Less than one hour	Nationwide	Aug 25, 2009
Banco Nacional	Bank	5880.00	0.99	5.97	7043.64	Less than one hour	Nationwide	Aug 25, 2009
Bank Average		3810.50	1.66	4.89	5769.42
Bank/MTO Average		2316.00	2.50	4.46	5262.09
MTO Average		2190.00	0.90	2.76	3256.36
Total Average		2863.40	1.53	3.95	4660.37

	Total cost
Firm name	Firm type	Fee (CRC)	Exchange rate margin (%)	Percent (%)	CRC	Transfer speed	Network Coverage	Date
ServiExpreso	MTO	1475.00	0.90	1.40	4129.44	Same day	Nationwide	Aug 25, 2009
Citibank	Bank	1741.00	2.33	2.92	8612.83	3-5 days	Nationwide	Aug 25, 2009
ServiExpreso	MTO	7320.00	0.90	3.38	9969.65	Same day	Nationwide	Aug 25, 2009
MoneyGram (HSBC)	Bank/MTO	5790.00	2.50	4.46	13155.22	Less than one hour	Nationwide	Aug 25, 2009
Banco Nacional	Bank	11760.00	0.99	4.97	14659.51	Less than one hour	Nationwide	Aug 25, 2009
Bank Average		6750.50	1.66	3.95	11650.92
Bank/MTO Average		5790.00	2.50	4.46	13155.22
MTO Average		4397.50	0.90	2.39	7049.54
Total Average		5617.20	1.53	3.43	10117.13

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Remesas Instantaneas	MTO	3.00	0.00	1.50	3.00	Same day	Nationwide	Aug 25, 2009
ServiExpreso	MTO	2.50	0.90	2.15	4.30	Same day	Nationwide	Aug 25, 2009
ServiExpreso	MTO	4.92	0.90	3.36	6.72	Same day	Nationwide	Aug 25, 2009
Citibank	Bank	2.95	2.33	3.81	7.62	3-5 days	Nationwide	Aug 25, 2009
MoneyGram (HSBC)	Bank/MTO	3.93	2.50	4.46	8.92	Less than one hour	Nationwide	Aug 25, 2009
Banco Nacional	Bank	9.97	0.99	5.97	11.94	Less than one hour	Nationwide	Aug 25, 2009
Western Union	MTO	16.00	0.00	8.00	16.00	Less than one hour	Nationwide	Aug 25, 2009
Bank Average		6.46	1.66	4.89	9.78
Bank/MTO Average		3.93	2.50	4.46	8.92
MTO Average		6.61	0.45	3.75	7.50
Total Average		6.18	1.09	4.18	8.36