Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From BEBelgium you can also send money to

Sending money from BELGIUM to TURKEY

Data collected on: Feb 17, 2022-Feb 25, 2022
EUR | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (EUR)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.84
-0.21
Percentage difference between market reference rate 15.54 and exchange rate charged 15.57
-0.21
1.211.21
1.692.41
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.902.71
0.60
Percentage difference between market reference rate 15.47 and exchange rate charged 15.38
0.60
1.961.96
2.743.91
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.124.46
-0.16
Percentage difference between market reference rate 15.58 and exchange rate charged 15.61
-0.16
2.072.07
2.904.14
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.998.56
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
4.284.28
5.998.56
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.998.56
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
4.284.28
5.998.56
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.27
2.30
Percentage difference between market reference rate 15.56 and exchange rate charged 15.20
2.30
4.434.43
6.208.86
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
6.008.57
2.26
Percentage difference between market reference rate 15.55 and exchange rate charged 15.20
2.26
6.556.55
9.1713.10
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
6.008.57
2.26
Percentage difference between market reference rate 15.55 and exchange rate charged 15.20
2.26
6.556.55
9.1713.10
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.70
4.31
Percentage difference between market reference rate 15.82 and exchange rate charged 15.14
4.31
7.167.16
10.0214.31
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
4.005.71
4.39
Percentage difference between market reference rate 1.14 and exchange rate charged 1.09
4.39
7.257.25
10.1514.50
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
4.005.71
4.41
Percentage difference between market reference rate 1.14 and exchange rate charged 1.09
4.41
7.277.27
10.1814.54
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
4.005.71
4.48
Percentage difference between market reference rate 1.14 and exchange rate charged 1.09
4.48
7.337.33
10.2614.66
La Poste via Ria
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.0011.43
2.07
Percentage difference between market reference rate 15.46 and exchange rate charged 15.14
2.07
7.787.78
10.8915.56
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
8.0011.43
2.33
Percentage difference between market reference rate 15.49 and exchange rate charged 15.13
2.33
8.048.04
11.2616.09
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
6.008.57
6.27
Percentage difference between market reference rate 15.49 and exchange rate charged 14.52
6.27
10.5510.55
14.7721.10
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
6.008.57
6.27
Percentage difference between market reference rate 15.49 and exchange rate charged 14.52
6.27
10.5510.55
14.7721.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.9012.71
4.31
Percentage difference between market reference rate 16.02 and exchange rate charged 15.33
4.31
10.6710.67
14.9421.34
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.57
8.16
Percentage difference between market reference rate 15.47 and exchange rate charged 14.21
8.16
10.9510.95
15.3321.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.57
8.31
Percentage difference between market reference rate 15.47 and exchange rate charged 14.19
8.31
11.0911.09
15.5322.19
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.5010.71
6.35
Percentage difference between market reference rate 15.72 and exchange rate charged 14.72
6.35
11.7111.71
16.3923.41
MoneyTrans
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.007.14
9.09
Percentage difference between market reference rate 15.49 and exchange rate charged 14.08
9.09
12.6612.66
17.7225.31
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
6.008.57
9.37
Percentage difference between market reference rate 16.07 and exchange rate charged 14.56
9.37
13.6513.65
19.1127.30
Total Average First Quarter
7.647.64
Total Average Fourth Quarter 2021
8.558.55
Total Average
Fee
5.147.35
Exchange Rate Margin (%)
3.963.96
Total Cost Percent (%)
7.647.64
Total Cost (EUR) Total Cost (USD)
10.6915.27
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Next day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.88
-0.21
Percentage difference between market reference rate 15.54 and exchange rate charged 15.57
-0.21
0.370.37
1.281.86
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.902.75
0.60
Percentage difference between market reference rate 15.47 and exchange rate charged 15.38
0.60
1.151.15
3.975.75
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.237.58
-0.16
Percentage difference between market reference rate 15.58 and exchange rate charged 15.61
-0.16
1.351.35
4.666.75
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.9911.58
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.322.32
8.0011.59
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.33
2.30
Percentage difference between market reference rate 15.56 and exchange rate charged 15.20
2.30
3.163.16
10.9015.80
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.9918.83
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.773.77
13.0118.86
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
6.008.70
2.26
Percentage difference between market reference rate 15.55 and exchange rate charged 15.20
2.26
4.004.00
13.8020.00
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
6.008.70
2.26
Percentage difference between market reference rate 15.55 and exchange rate charged 15.20
2.26
4.004.00
13.8020.00
La Poste via Ria
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.0011.59
2.07
Percentage difference between market reference rate 15.46 and exchange rate charged 15.14
2.07
4.394.39
15.1521.96
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
8.0011.59
2.33
Percentage difference between market reference rate 15.49 and exchange rate charged 15.13
2.33
4.654.65
16.0423.25
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.78
4.31
Percentage difference between market reference rate 15.82 and exchange rate charged 15.14
4.31
5.465.46
18.8427.30
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
4.005.80
4.39
Percentage difference between market reference rate 1.14 and exchange rate charged 1.09
4.39
5.555.55
19.1527.75
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
4.005.80
4.41
Percentage difference between market reference rate 1.14 and exchange rate charged 1.09
4.41
5.575.57
19.2227.86
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
4.005.80
4.48
Percentage difference between market reference rate 1.14 and exchange rate charged 1.09
4.48
5.645.64
19.4628.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.9012.90
4.31
Percentage difference between market reference rate 16.02 and exchange rate charged 15.33
4.31
6.896.89
23.7734.45
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
6.008.70
6.27
Percentage difference between market reference rate 15.49 and exchange rate charged 14.52
6.27
8.008.00
27.6040.00
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
6.008.70
6.27
Percentage difference between market reference rate 15.49 and exchange rate charged 14.52
6.27
8.008.00
27.6040.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0014.49
6.35
Percentage difference between market reference rate 15.72 and exchange rate charged 14.72
6.35
9.259.25
31.9146.25
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.65
8.16
Percentage difference between market reference rate 15.47 and exchange rate charged 14.21
8.16
9.299.29
32.0546.45
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.65
8.31
Percentage difference between market reference rate 15.47 and exchange rate charged 14.19
8.31
9.449.44
32.5747.20
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
6.008.70
9.37
Percentage difference between market reference rate 16.07 and exchange rate charged 14.56
9.37
11.1111.11
38.3355.55
MoneyTrans
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.0011.59
9.09
Percentage difference between market reference rate 15.49 and exchange rate charged 14.08
9.09
11.4111.41
39.3657.04
Total Average First Quarter
5.675.67
Total Average Fourth Quarter 2021
6.716.71
Total Average
Fee
5.908.55
Exchange Rate Margin (%)
3.963.96
Total Cost Percent (%)
5.675.67
Total Cost (EUR) Total Cost (USD)
19.5728.36
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Next day 2 days 3-5 days
Bank account Cash