Remitting from Germany to Lebanon

The following table shows how much it costs to remit money from Germany To Lebanon. 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

See prices in EUR | USD

140350

				Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Postbank*	Bank	8.00	*0.00	*5.71	*7.99	3-5 days	Nationwide	Sep 21, 2009
Berliner Volksbank*	Bank	10.00	*0.00	*7.14	*10.00	6 days or more	Nationwide	Sep 21, 2009
Ria Envia	MTO	11.00	1.39	9.25	12.95	Same day	Nationwide	Sep 21, 2009
MoneyGram	MTO	13.00	4.56	13.85	19.39	Less than one hour	Nationwide	Sep 21, 2009
HypoVereinsbank*	Bank	25.00	*0.00	*17.86	*25.00	6 days or more	Nationwide	Sep 21, 2009
Sparkasse KolnBonn*	Bank	25.00	*0.00	*17.86	*25.00	6 days or more	Nationwide	Sep 21, 2009
Volksbank Rhein-Ruhr*	Bank	25.00	*0.00	*17.86	*25.00	6 days or more	Nationwide	Sep 21, 2009
Stadtsparkasse Munchen*	Bank	29.00	*0.00	*20.71	*28.99	6 days or more	Nationwide	Sep 21, 2009
Bank Average		20.33	0.00	14.52	20.33
MTO Average		12.00	2.98	11.55	16.17
Total Average		18.25	0.74	13.78	19.29
Total Average in First Quarter 2009		14.00	0.70	11.07	15.50

	Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Postbank*	Bank	8.00	*0.00	*2.29	*8.02	3-5 days	Nationwide	Sep 21, 2009
Berliner Volksbank*	Bank	10.00	*0.00	*2.86	*10.01	6 days or more	Nationwide	Sep 21, 2009
Ria Envia	MTO	17.00	1.39	6.25	21.88	Same day	Nationwide	Sep 21, 2009
HypoVereinsbank*	Bank	25.00	*0.00	*7.14	*24.99	6 days or more	Nationwide	Sep 21, 2009
Sparkasse KolnBonn*	Bank	25.00	*0.00	*7.14	*24.99	6 days or more	Nationwide	Sep 21, 2009
Volksbank Rhein-Ruhr*	Bank	25.00	*0.00	*7.14	*24.99	6 days or more	Nationwide	Sep 21, 2009
Stadtsparkasse Munchen*	Bank	29.00	*0.00	*8.29	*29.01	6 days or more	Nationwide	Sep 21, 2009
MoneyGram	MTO	23.50	4.56	11.28	39.48	Less than one hour	Nationwide	Sep 21, 2009
Bank Average		20.33	0.00	5.81	20.33
MTO Average		20.25	2.98	8.76	30.66
Total Average		20.31	0.74	6.55	22.92
Total Average in First Quarter 2009		15.38	0.70	5.36	18.76

Corridor note

* indicates that the RSP is not transparent and did not provide all the relevant information. Roll-over firm name for more info.

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Postbank*	Bank	11.43	*0.00	*5.71	*11.42	3-5 days	Nationwide	Sep 21, 2009
Berliner Volksbank*	Bank	14.29	*0.00	*7.14	*14.28	6 days or more	Nationwide	Sep 21, 2009
Ria Envia	MTO	15.71	1.39	9.25	18.50	Same day	Nationwide	Sep 21, 2009
MoneyGram	MTO	18.57	4.56	13.85	27.70	Less than one hour	Nationwide	Sep 21, 2009
HypoVereinsbank*	Bank	35.71	*0.00	*17.86	*35.72	6 days or more	Nationwide	Sep 21, 2009
Sparkasse KolnBonn*	Bank	35.71	*0.00	*17.86	*35.72	6 days or more	Nationwide	Sep 21, 2009
Volksbank Rhein-Ruhr*	Bank	35.71	*0.00	*17.86	*35.72	6 days or more	Nationwide	Sep 21, 2009
Stadtsparkasse Munchen*	Bank	41.43	*0.00	*20.71	*41.42	6 days or more	Nationwide	Sep 21, 2009
Bank Average		29.05	0.00	14.52	29.04
MTO Average		17.14	2.98	11.55	23.10
Total Average		26.07	0.74	13.78	27.56
Total Average in First Quarter 2009		20.74	0.70	11.07	22.14

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Postbank*	Bank	11.43	*0.00	*2.29	*11.45	3-5 days	Nationwide	Sep 21, 2009
Berliner Volksbank*	Bank	14.29	*0.00	*2.86	*14.30	6 days or more	Nationwide	Sep 21, 2009
Ria Envia	MTO	24.29	1.39	6.25	31.25	Same day	Nationwide	Sep 21, 2009
HypoVereinsbank*	Bank	35.71	*0.00	*7.14	*35.70	6 days or more	Nationwide	Sep 21, 2009
Sparkasse KolnBonn*	Bank	35.71	*0.00	*7.14	*35.70	6 days or more	Nationwide	Sep 21, 2009
Volksbank Rhein-Ruhr*	Bank	35.71	*0.00	*7.14	*35.70	6 days or more	Nationwide	Sep 21, 2009
Stadtsparkasse Munchen*	Bank	41.43	*0.00	*8.29	*41.45	6 days or more	Nationwide	Sep 21, 2009
MoneyGram	MTO	33.57	4.56	11.28	56.40	Less than one hour	Nationwide	Sep 21, 2009
Bank Average		29.05	0.00	5.81	29.05
MTO Average		28.93	2.98	8.76	43.80
Total Average		29.02	0.74	6.55	32.75
Total Average in First Quarter 2009		23.30	0.70	5.36	26.80

Corridor note

* indicates that the RSP is not transparent and did not provide all the relevant information. Roll-over firm name for more info.

135330

				Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Volksbank Rhein-Ruhr	Bank	8.00	0.00	5.93	8.01	6 days or more	Nationwide	Feb 10, 2009
Ria Envia	MTO	7.00	0.90	6.08	8.21	Next day	Nationwide	Feb 24, 2009
Postbank	Bank	8.50	0.00	6.30	8.51	3-5 days	Nationwide	Feb 10, 2009
Berliner Volksbank	Bank	10.00	0.00	7.41	10.00	6 days or more	Nationwide	Feb 10, 2009
Stadtsparkasse Munchen	Bank	12.00	0.00	8.89	12.00	6 days or more	Nationwide	Feb 10, 2009
Sparkasse KolnBonn	Bank	15.00	0.00	11.11	15.00	6 days or more	Nationwide	Feb 10, 2009
MoneyGram	MTO	14.00	4.70	15.07	20.34	Less than one hour	Nationwide	Feb 24, 2009
HypoVereinsbank	Bank	37.50	0.00	27.78	37.50	6 days or more	Nationwide	Feb 10, 2009
Bank Average		15.17	0.00	11.23	15.16
MTO Average		10.50	2.80	10.58	14.28
Total Average		14.00	0.70	11.07	14.94
Total Average in 2008		15.50	4.27	15.75	21.26

	Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Volksbank Rhein-Ruhr	Bank	8.00	0.00	2.42	7.99	6 days or more	Nationwide	Feb 10, 2009
Postbank	Bank	8.50	0.00	2.58	8.51	3-5 days	Nationwide	Feb 10, 2009
Berliner Volksbank	Bank	10.00	0.00	3.03	10.00	6 days or more	Nationwide	Feb 10, 2009
Stadtsparkasse Munchen	Bank	12.00	0.00	3.64	12.01	6 days or more	Nationwide	Feb 10, 2009
Ria Envia	MTO	11.00	0.90	4.23	13.96	Next day	Nationwide	Feb 24, 2009
Sparkasse KolnBonn	Bank	15.00	0.00	4.55	15.02	6 days or more	Nationwide	Feb 10, 2009
MoneyGram	MTO	21.00	4.70	11.07	36.53	Less than one hour	Nationwide	Feb 24, 2009
HypoVereinsbank	Bank	37.50	0.00	11.36	37.49	6 days or more	Nationwide	Feb 10, 2009
Bank Average		15.17	0.00	4.60	15.18
MTO Average		16.00	2.80	7.65	25.24
Total Average		15.38	0.70	5.36	17.69
Total Average in 2008		15.50	4.27	8.96	29.57

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Volksbank Rhein-Ruhr	Bank	11.85	0.00	5.93	11.86	6 days or more	Nationwide	Feb 10, 2009
Ria Envia	MTO	10.37	0.90	6.08	12.16	Next day	Nationwide	Feb 24, 2009
Postbank	Bank	12.59	0.00	6.30	12.60	3-5 days	Nationwide	Feb 10, 2009
Berliner Volksbank	Bank	14.81	0.00	7.41	14.82	6 days or more	Nationwide	Feb 10, 2009
Stadtsparkasse Munchen	Bank	17.78	0.00	8.89	17.78	6 days or more	Nationwide	Feb 10, 2009
Sparkasse KolnBonn	Bank	22.22	0.00	11.11	22.22	6 days or more	Nationwide	Feb 10, 2009
MoneyGram	MTO	20.74	4.70	15.07	30.14	Less than one hour	Nationwide	Feb 24, 2009
HypoVereinsbank	Bank	55.56	0.00	27.78	55.56	6 days or more	Nationwide	Feb 10, 2009
Bank Average		22.47	0.00	11.23	22.46
MTO Average		15.56	2.80	10.58	21.16
Total Average		20.74	0.70	11.07	22.14
Total Average in 2008		22.96	4.27	15.75	31.50

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Volksbank Rhein-Ruhr	Bank	12.12	0.00	2.42	12.10	6 days or more	Nationwide	Feb 10, 2009
Postbank	Bank	12.88	0.00	2.58	12.90	3-5 days	Nationwide	Feb 10, 2009
Berliner Volksbank	Bank	15.15	0.00	3.03	15.15	6 days or more	Nationwide	Feb 10, 2009
Stadtsparkasse Munchen	Bank	18.18	0.00	3.64	18.20	6 days or more	Nationwide	Feb 10, 2009
Ria Envia	MTO	16.67	0.90	4.23	21.15	Next day	Nationwide	Feb 24, 2009
Sparkasse KolnBonn	Bank	22.73	0.00	4.55	22.75	6 days or more	Nationwide	Feb 10, 2009
MoneyGram	MTO	31.82	4.70	11.07	55.35	Less than one hour	Nationwide	Feb 24, 2009
HypoVereinsbank	Bank	56.82	0.00	11.36	56.80	6 days or more	Nationwide	Feb 10, 2009
Bank Average		22.98	0.00	4.60	23.00
MTO Average		24.24	2.80	7.65	38.25
Total Average		23.30	0.70	5.36	26.80
Total Average in 2008		23.48	4.27	8.96	44.80

135330

				Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Ria Envia	MTO	5.00	4.27	7.97	10.76	Up to 2 days	-	May 20, 2008
Western Union	MTO	26.00	4.27	23.53	31.77	Instant	-	May 20, 2008
MTO Average		15.50	4.27	15.75	21.26
Total Average		15.50	4.27	15.75	21.26
First Quarter 2009		14.00	0.70	11.07	14.94

	Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Ria Envia	MTO	5.00	4.27	5.78	19.07	Up to 2 days	-	May 20, 2008
Western Union	MTO	26.00	4.27	12.15	40.10	Instant	-	May 20, 2008
MTO Average		15.50	4.27	8.96	29.57
Total Average		15.50	4.27	8.96	29.57
First Quarter 2009		15.38	0.70	5.36	17.69

Corridor note

The exchange rate column reflects the fact that money is sent in USD. At the point of collection, the money is converted to the local currency. 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
Ria Envia	MTO	7.41	4.27	7.97	15.94	Up to 2 days	-	May 20, 2008
Western Union	MTO	38.52	4.27	23.53	47.06	Instant	-	May 20, 2008
MTO Average		22.96	4.27	15.75	31.50
Total Average		22.96	4.27	15.75	31.50
First Quarter 2009		20.74	0.70	11.07	22.14

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Ria Envia	MTO	7.58	4.27	5.78	28.90	Up to 2 days	-	May 20, 2008
Western Union	MTO	39.39	4.27	12.15	60.75	Instant	-	May 20, 2008
MTO Average		23.48	4.27	8.96	44.80
Total Average		23.48	4.27	8.96	44.80
First Quarter 2009		23.30	0.70	5.36	26.80

Corridor note

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