Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From CACanada you can also send money to

Sending money from CANADA to JAMAICA

Data collected on: Feb 18, 2022-Mar 03, 2022
CAD | 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 (CAD)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.
JN Money
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
3.503.50
0.27
Percentage difference between market reference rate 122.60 and exchange rate charged 122.27
0.27
2.022.02
4.044.04
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.992.99
2.97
Percentage difference between market reference rate 122.01 and exchange rate charged 118.39
2.97
4.464.46
8.928.92
Royal Bank of Canada
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.006.00
2.19
Percentage difference between market reference rate 0.78 and exchange rate charged 0.77
2.19
5.195.19
10.3810.38
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
7.007.00
1.77
Percentage difference between market reference rate 121.31 and exchange rate charged 119.17
1.77
5.275.27
10.5410.54
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
2.87
Percentage difference between market reference rate 121.35 and exchange rate charged 117.86
2.87
5.375.37
10.7410.74
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
2.87
Percentage difference between market reference rate 121.35 and exchange rate charged 117.86
2.87
5.375.37
10.7410.74
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
2.26
Percentage difference between market reference rate 121.47 and exchange rate charged 118.72
2.26
5.765.76
11.5211.52
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.5010.50
1.13
Percentage difference between market reference rate 121.23 and exchange rate charged 119.86
1.13
6.386.38
12.7612.76
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
10.0010.00
1.77
Percentage difference between market reference rate 121.31 and exchange rate charged 119.17
1.77
6.776.77
13.5413.54
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
4.39
Percentage difference between market reference rate 121.11 and exchange rate charged 115.80
4.39
6.886.88
13.7613.76
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
8.508.50
3.01
Percentage difference between market reference rate 122.85 and exchange rate charged 119.15
3.01
7.267.26
14.5214.52
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0010.00
3.39
Percentage difference between market reference rate 121.11 and exchange rate charged 117.00
3.39
8.398.39
16.7816.78
ScotiaBank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
5.77
Percentage difference between market reference rate 123.10 and exchange rate charged 115.99
5.77
9.279.27
18.5418.54
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
6.14
Percentage difference between market reference rate 121.47 and exchange rate charged 114.01
6.14
9.649.64
19.2819.28
Total Average First Quarter
6.296.29
Total Average Fourth Quarter 2021
6.296.29
Total Average
Fee
6.756.75
Exchange Rate Margin (%)
2.912.91
Total Cost Percent (%)
6.296.29
Total Cost (CAD) Total Cost (USD)
12.5812.58
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
JN Money
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
5.505.50
0.27
Percentage difference between market reference rate 122.60 and exchange rate charged 122.27
0.27
1.371.37
6.856.85
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.5010.50
1.13
Percentage difference between market reference rate 121.23 and exchange rate charged 119.86
1.13
3.233.23
16.1516.15
Royal Bank of Canada
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.006.00
2.19
Percentage difference between market reference rate 0.78 and exchange rate charged 0.77
2.19
3.393.39
16.9516.95
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.992.99
2.97
Percentage difference between market reference rate 122.01 and exchange rate charged 118.39
2.97
3.563.56
17.8017.80
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
2.87
Percentage difference between market reference rate 121.35 and exchange rate charged 117.86
2.87
3.873.87
19.3519.35
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
12.0012.00
1.77
Percentage difference between market reference rate 121.31 and exchange rate charged 119.17
1.77
4.174.17
20.8520.85
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
15.0015.00
1.77
Percentage difference between market reference rate 121.31 and exchange rate charged 119.17
1.77
4.774.77
23.8523.85
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
10.0010.00
3.01
Percentage difference between market reference rate 122.85 and exchange rate charged 119.15
3.01
5.015.01
25.0525.05
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.9910.99
2.87
Percentage difference between market reference rate 121.35 and exchange rate charged 117.86
2.87
5.075.07
25.3525.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
15.0015.00
2.26
Percentage difference between market reference rate 121.47 and exchange rate charged 118.72
2.26
5.265.26
26.3026.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
4.39
Percentage difference between market reference rate 121.11 and exchange rate charged 115.80
4.39
5.385.38
26.9026.90
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0010.00
3.39
Percentage difference between market reference rate 121.11 and exchange rate charged 117.00
3.39
5.395.39
26.9526.95
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
6.14
Percentage difference between market reference rate 121.47 and exchange rate charged 114.01
6.14
7.547.54
37.7037.70
ScotiaBank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.0010.00
5.77
Percentage difference between market reference rate 123.10 and exchange rate charged 115.99
5.77
7.777.77
38.8538.85
Total Average First Quarter
4.704.70
Total Average Fourth Quarter 2021
4.664.66
Total Average
Fee
8.938.93
Exchange Rate Margin (%)
2.912.91
Total Cost Percent (%)
4.704.70
Total Cost (CAD) Total Cost (USD)
23.4923.49
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash