Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From CACanada you can also send money to
Transfer money

Sending money from CANADA to NIGERIA

Data collected on: May 15, 2024-Jun 04, 2024
CAD | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Disbursing network coverage
Fee
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.
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
8.008.00
Exchange rate margin (%)
-0.30
Percentage difference between market reference rate 1,079.01 and exchange rate charged 1,082.25-0.30
Total cost (%)
3.703.70
Total cost (CAD)sort descendingTotal cost (USD)sort descending
7.407.40
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
8.008.00
Exchange rate margin (%)
-0.30
Percentage difference between market reference rate 1,079.01 and exchange rate charged 1,082.25-0.30
Total cost (%)
3.703.70
Total cost (CAD)sort descendingTotal cost (USD)sort descending
7.407.40
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.007.00
Exchange rate margin (%)
0.70
Percentage difference between market reference rate 1,081.62 and exchange rate charged 1,074.080.70
Total cost (%)
4.204.20
Total cost (CAD)sort descendingTotal cost (USD)sort descending
8.408.40
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1,074.05 and exchange rate charged 1,074.080.00
Total cost (%)
5.005.00
Total cost (CAD)sort descendingTotal cost (USD)sort descending
10.0010.00
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.007.00
Exchange rate margin (%)
1.59
Percentage difference between market reference rate 1,133.36 and exchange rate charged 1,115.401.59
Total cost (%)
5.095.09
Total cost (CAD)sort descendingTotal cost (USD)sort descending
10.1810.18
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
6.906.90
Exchange rate margin (%)
2.58
Percentage difference between market reference rate 1,133.36 and exchange rate charged 1,104.132.58
Total cost (%)
6.036.03
Total cost (CAD)sort descendingTotal cost (USD)sort descending
12.0612.06
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
0.000.00
Exchange rate margin (%)
6.66
Percentage difference between market reference rate 1,133.57 and exchange rate charged 1,058.056.66
Total cost (%)
6.666.66
Total cost (CAD)sort descendingTotal cost (USD)sort descending
13.3213.32
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
0.000.00
Exchange rate margin (%)
6.66
Percentage difference between market reference rate 1,133.57 and exchange rate charged 1,058.056.66
Total cost (%)
6.666.66
Total cost (CAD)sort descendingTotal cost (USD)sort descending
13.3213.32
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
0.000.00
Exchange rate margin (%)
6.66
Percentage difference between market reference rate 1,133.57 and exchange rate charged 1,058.056.66
Total cost (%)
6.666.66
Total cost (CAD)sort descendingTotal cost (USD)sort descending
13.3213.32
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.9012.90
Exchange rate margin (%)
2.58
Percentage difference between market reference rate 1,133.36 and exchange rate charged 1,104.132.58
Total cost (%)
9.039.03
Total cost (CAD)sort descendingTotal cost (USD)sort descending
18.0618.06
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.007.00
Exchange rate margin (%)
15.04
Percentage difference between market reference rate 1,133.70 and exchange rate charged 963.2015.04
Total cost (%)
18.5418.54
Total cost (CAD)sort descendingTotal cost (USD)sort descending
37.0837.08
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
4.994.99
Exchange rate margin (%)
18.66
Percentage difference between market reference rate 1,077.82 and exchange rate charged 876.7318.66
Total cost (%)
21.1621.16
Total cost (CAD)sort descendingTotal cost (USD)sort descending
42.3242.32
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
6.996.99
Exchange rate margin (%)
18.71
Percentage difference between market reference rate 1,081.81 and exchange rate charged 879.4218.71
Total cost (%)
22.2122.21
Total cost (CAD)sort descendingTotal cost (USD)sort descending
44.4244.42
Total Average Second Quarter
9.139.13
Total Average First Quarter
3.193.19
Total Average
Fee
6.066.06
Exchange Rate Margin (%)
6.106.10
Total Cost Percent (%)
9.139.13
Total Cost (CAD) Total Cost (USD)
18.2518.25
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (CAD)sort descendingTotal cost (USD)sort descending
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
-0.30
Percentage difference between market reference rate 1,079.01 and exchange rate charged 1,082.25-0.30
Total cost (%)
1.701.70
Total cost (CAD)sort descendingTotal cost (USD)sort descending
8.508.50
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
-0.30
Percentage difference between market reference rate 1,079.01 and exchange rate charged 1,082.25-0.30
Total cost (%)
1.701.70
Total cost (CAD)sort descendingTotal cost (USD)sort descending
8.508.50
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
0.70
Percentage difference between market reference rate 1,081.62 and exchange rate charged 1,074.080.70
Total cost (%)
2.702.70
Total cost (CAD)sort descendingTotal cost (USD)sort descending
13.5013.50
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.007.00
Exchange rate margin (%)
1.59
Percentage difference between market reference rate 1,133.36 and exchange rate charged 1,115.401.59
Total cost (%)
2.992.99
Total cost (CAD)sort descendingTotal cost (USD)sort descending
14.9514.95
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.0015.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1,074.05 and exchange rate charged 1,074.080.00
Total cost (%)
3.003.00
Total cost (CAD)sort descendingTotal cost (USD)sort descending
15.0015.00
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
8.908.90
Exchange rate margin (%)
2.58
Percentage difference between market reference rate 1,133.36 and exchange rate charged 1,104.132.58
Total cost (%)
4.364.36
Total cost (CAD)sort descendingTotal cost (USD)sort descending
21.8021.80
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
0.000.00
Exchange rate margin (%)
6.66
Percentage difference between market reference rate 1,133.57 and exchange rate charged 1,058.056.66
Total cost (%)
6.666.66
Total cost (CAD)sort descendingTotal cost (USD)sort descending
33.3033.30
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
0.000.00
Exchange rate margin (%)
6.66
Percentage difference between market reference rate 1,133.57 and exchange rate charged 1,058.056.66
Total cost (%)
6.666.66
Total cost (CAD)sort descendingTotal cost (USD)sort descending
33.3033.30
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
0.000.00
Exchange rate margin (%)
6.66
Percentage difference between market reference rate 1,133.57 and exchange rate charged 1,058.056.66
Total cost (%)
6.666.66
Total cost (CAD)sort descendingTotal cost (USD)sort descending
33.3033.30
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
21.5021.50
Exchange rate margin (%)
2.58
Percentage difference between market reference rate 1,133.36 and exchange rate charged 1,104.132.58
Total cost (%)
6.886.88
Total cost (CAD)sort descendingTotal cost (USD)sort descending
34.4034.40
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
9.009.00
Exchange rate margin (%)
15.04
Percentage difference between market reference rate 1,133.70 and exchange rate charged 963.2015.04
Total cost (%)
16.8416.84
Total cost (CAD)sort descendingTotal cost (USD)sort descending
84.2084.20
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
4.994.99
Exchange rate margin (%)
18.66
Percentage difference between market reference rate 1,077.82 and exchange rate charged 876.7318.66
Total cost (%)
19.6619.66
Total cost (CAD)sort descendingTotal cost (USD)sort descending
98.3098.30
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
9.999.99
Exchange rate margin (%)
18.71
Percentage difference between market reference rate 1,081.81 and exchange rate charged 879.4218.71
Total cost (%)
20.7120.71
Total cost (CAD)sort descendingTotal cost (USD)sort descending
103.55103.55
Total Average Second Quarter
7.737.73
Total Average First Quarter
1.661.66
Total Average
Fee
8.188.18
Exchange Rate Margin (%)
6.106.10
Total Cost Percent (%)
7.737.73
Total Cost (CAD) Total Cost (USD)
38.6638.66
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day
Bank account Cash
Least Costly Corridors To Nigeria
Least Costly Corridors From Canada
      © 2023 The World Bank Group, All Rights Reserved