Country Corridors

The following table summarizes how much it costs, on average, to send money from one country to another. The total cost includes transaction fees plus the exchange rate margin or "spread". The latter is a measure of how good a deal the sender is getting on the exchange rate offered by a firm.

Note: Corridor averages are unweighted and do not reflect the market shares of the different firms that compose the average. In some corridors, exchange rate information was not available, and therefore prices in those corridors may be higher than the amount shown. The few cases where negative exchange rate margins are shown are related to either the existence of a "parallel" or "grey" foreign exchange market, or the remittance service provider offering a promotion on the day the information was collected. For additional details refer to corridor-specific notes and explanations.
$200$500
 Third Quarter 2009 

First Quarter 2009

  Average total cost Average total cost
Sending countryReceiving countryFee Exchange rate
margin (%)		Percent (%)USD ($) Percent (%)USD ($)
AustraliaTuvalu21.760.0010.8821.76 --
Kiribati21.760.0010.8821.76 --
Vanuatu21.030.8311.3522.70 --
Tonga19.212.1711.7723.55 --
Samoa18.932.8512.3224.63 --
Fiji20.543.5113.7827.57 --
Solomon Islands21.763.1414.0228.04 --
Papua New Guinea21.486.8617.6035.20 --
BrazilBolivia30.830.0015.4230.83 --
Paraguay30.830.0015.4230.83 --
CanadaVietnam16.191.669.7319.45 12.3124.62
Philippines13.893.039.9519.91 --
India12.294.8610.9721.94 11.9023.79
Jamaica13.475.0111.7123.42 14.0228.04
Haiti21.513.0013.7127.43 15.1430.29
ChilePeru7.961.655.6211.25 --
Costa RicaNicaragua6.181.094.188.36 --
Dominican RepublicHaiti33.930.2717.2434.47 --
FranceSenegal17.990.009.1718.35 9.8819.75
Côte d'Ivoire18.600.009.3018.60 9.9519.90
India17.380.489.3418.69 11.9823.95
Mali18.830.009.6019.21 9.8819.75
Vietnam17.590.809.7719.55 12.2924.58
Morocco16.761.6310.1920.38 11.4422.89
Tunisia18.281.8511.1822.36 11.9723.94
Haiti18.102.1411.4222.83 11.3822.76
Algeria20.420.5311.5223.04 13.3926.77
China20.791.0811.6423.29 13.0326.06
GermanyTurkey12.700.576.9213.84 10.5421.07
India19.641.9911.8123.61 12.5425.08
Serbia24.60-0.1412.1624.31 11.6223.24
China24.020.8912.9025.79 19.4838.96
Romania26.790.0013.3926.79 14.4728.95
Lebanon26.070.7413.7827.56 11.0722.14
Bosnia and Herzegovina27.860.0013.9327.86 14.7629.53
Morocco25.411.9614.6629.32 15.0630.13
Croatia30.800.6916.0932.18 14.8929.78
GhanaNigeria19.970.009.9819.97 --
ItalyIndia10.020.845.8511.70 5.4910.98
Sri Lanka12.700.947.2914.57 7.6915.38
Philippines13.340.807.4814.95 6.4712.93
Albania14.830.247.6615.32 6.7613.52
Romania15.680.007.8415.68 7.0214.03
Morocco14.141.468.5317.06 8.5417.09
Nigeria15.891.149.0918.18 7.5515.10
Serbia18.520.199.4518.91 7.1114.23
China20.291.0711.2122.42 11.4222.84
JapanPhilippines21.933.0814.0528.10 12.0124.01
Brazil29.471.0915.8331.66 19.7139.43
India31.582.0617.8535.70 --
Korea39.472.0221.7543.50 19.1838.37
China41.632.3123.1346.26 17.9835.96
MalaysiaPhilippines4.673.285.6111.23 --
Indonesia4.835.037.4414.88 7.7815.56
NetherlandsNetherlands Antilles11.331.086.7513.50 15.9731.93
Dominican Republic13.432.459.1618.32 17.1434.28
Ghana17.111.7010.2520.51 16.3832.77
Suriname12.744.1910.5621.12 11.2322.46
Nigeria18.033.3512.3624.73 11.2722.53
Morocco16.915.1913.6427.29 9.9719.93
Turkey23.183.2714.8629.72 11.4822.96
Indonesia20.565.8216.1032.20 12.0124.01
New ZealandKiribati15.941.028.9917.98 --
Fiji14.083.039.6619.31 --
Vanuatu16.171.829.9019.81 --
Tuvalu17.091.7010.2520.50 --
Samoa10.675.1410.4820.96 --
Tonga12.214.9711.0822.15 --
Papua New Guinea16.564.9013.1726.35 --
Solomon Islands15.945.7113.6827.35 --
Russian FederationArmenia3.610.001.813.63 2.054.10
Kyrgyz Republic4.490.002.264.52 2.064.11
Ukraine4.820.002.414.83 2.264.52
Tajikistan4.800.002.424.84 2.334.66
Belarus4.910.002.494.98 2.094.18
Azerbaijan4.960.002.505.00 2.204.40
Moldova5.080.002.565.11 2.174.34
Uzbekistan5.240.002.645.28 2.765.51
Georgia5.360.002.705.40 2.244.49
Kazakhstan6.140.003.106.21 2.545.08
Latvia9.470.004.799.59 3.036.06
Estonia11.660.005.9111.82 3.637.26
Lithuania12.580.006.7613.53 3.547.08
Saudi ArabiaYemen5.90-0.302.665.31 2.705.39
Bangladesh5.411.654.358.70 2.845.68
Pakistan5.411.864.569.12 2.505.00
India6.021.995.0010.00 3.086.15
Jordan9.481.385.0010.00 5.8411.68
Egypt9.102.415.2610.53 5.4010.80
Philippines7.702.055.9011.80 5.0710.14
SingaporeBangladesh3.850.522.444.89 2.925.85
Philippines3.671.223.056.10 --
Malaysia8.280.744.879.75 5.2310.47
Thailand7.461.275.0010.01 --
Indonesia8.161.535.6111.22 6.5913.18
India9.431.916.6213.24 4.448.89
China12.940.466.9313.85 5.9011.80
Pakistan17.103.2211.7723.54 13.1026.21
South AfricaLesotho25.490.2713.0126.03 12.2324.46
Swaziland25.490.2713.0126.03 11.8023.61
Angola27.280.3013.9427.88 14.3928.79
Zimbabwe27.280.3013.9427.88 12.8125.62
Botswana25.672.4615.2930.58 18.9937.99
Mozambique26.092.5515.6031.19 19.8839.76
Malawi27.284.3317.9735.94 20.5841.16
Zambia27.284.3417.9835.95 24.9149.81
SpainBrazil6.59-1.721.573.15 6.3512.69
Ecuador6.701.925.2710.55 6.7113.42
Dominican Republic7.051.855.3710.74 5.4410.87
Colombia6.812.085.4810.96 5.9811.96
Peru7.052.716.2412.48 6.1312.26
Philippines9.451.556.2812.55 7.6415.27
Morocco7.843.167.0814.16 8.1016.20
Romania12.641.407.7315.45 6.4112.82
Bulgaria14.692.319.6519.30 9.0018.01
China24.212.9515.0630.12 14.2028.40
TanzaniaRwanda32.610.1316.4432.87 --
United Arab EmiratesPakistan3.722.314.178.34 --
India6.411.124.328.64 --
Philippines6.442.315.5311.07 --
Sri Lanka4.084.306.3412.67 --
Egypt7.283.136.7713.54 --
United KingdomPakistan7.181.795.3810.76 6.8313.66
Brazil3.484.526.2612.52 6.7013.40
Poland8.821.746.4512.89 6.8413.69
Bangladesh9.651.866.6913.37 7.1114.22
India9.601.746.7913.59 9.0618.13
Sri Lanka9.801.906.8013.60 8.1416.28
Nepal8.692.516.8513.70 7.9715.94
Philippines12.771.888.4816.96 8.5517.09
Lithuania11.323.219.2518.50 10.5521.11
Ghana12.293.149.2818.57 10.4520.89
Bulgaria12.093.109.5719.14 11.7123.43
Romania12.912.819.6919.38 11.5223.03
Nigeria15.781.829.7119.42 9.9219.85
Jamaica13.433.249.9519.91 12.8825.76
Albania12.543.6310.3320.65 14.6429.29
Uganda12.354.2110.3920.78 10.5921.19
South Africa14.284.5011.6423.28 12.4224.84
Kenya13.924.8811.8423.68 13.3226.64
Sierra Leone12.565.7612.0424.08 9.1518.30
Zambia24.981.6014.0928.17 14.6529.30
China20.292.5814.1428.27 18.2336.46
Rwanda25.501.1714.5529.11 15.2330.46
United StatesEcuador6.930.003.476.93 3.687.36
Peru7.430.294.018.02 4.288.56
El Salvador8.220.004.118.22 4.148.28
Vietnam7.280.484.128.25 3.797.57
India5.251.754.378.75 4.619.22
Mexico8.241.735.8411.69 6.7613.52
Honduras8.631.605.8511.70 5.9911.97
Jamaica10.001.196.1912.38 6.7413.48
Colombia8.951.876.3512.69 6.1112.21
Guatemala7.882.466.4012.79 5.8211.64
Philippines10.021.436.4412.88 6.9513.90
Haiti13.450.116.8313.67 7.2314.46
Ghana10.491.757.0013.99 5.4110.82
Guyana12.502.427.7015.41 7.5715.14
Nigeria10.252.797.9215.83 5.3310.67
Dominican Republic8.793.818.2016.41 7.4414.87
Indonesia11.902.558.5016.99 8.5117.02
Pakistan16.201.359.4518.90 10.2120.42
Brazil13.152.959.5319.05 9.4718.95
China19.002.2111.7123.43 12.5625.13
Thailand20.313.3713.5327.06 14.1228.24
Lebanon28.000.2914.2928.58 12.8125.63

How much does it cost to remit?

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