Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from ITALY to ETHIOPIA

Data collected on: Jul 01, 2024-Sep 03, 2024
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.
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.70
2.67
Percentage difference between market reference rate 1.08 and exchange rate charged 1.05
2.67
5.525.52
7.7311.04
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.70
2.67
Percentage difference between market reference rate 1.08 and exchange rate charged 1.05
2.67
5.525.52
7.7311.04
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.997.13
2.69
Percentage difference between market reference rate 1.11 and exchange rate charged 1.08
2.69
6.256.25
8.7512.50
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.997.13
2.69
Percentage difference between market reference rate 1.11 and exchange rate charged 1.08
2.69
6.256.25
8.7512.50
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
5.10
Percentage difference between market reference rate 121.19 and exchange rate charged 115.01
5.10
7.247.24
10.1414.49
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
5.10
Percentage difference between market reference rate 121.19 and exchange rate charged 115.01
5.10
7.247.24
10.1414.49
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
5.10
Percentage difference between market reference rate 121.19 and exchange rate charged 115.01
5.10
7.247.24
10.1414.49
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
5.10
Percentage difference between market reference rate 121.19 and exchange rate charged 115.01
5.10
7.247.24
10.1414.49
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
5.10
Percentage difference between market reference rate 121.19 and exchange rate charged 115.01
5.10
7.247.24
10.1414.49
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
5.10
Percentage difference between market reference rate 121.19 and exchange rate charged 115.01
5.10
7.247.24
10.1414.49
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
5.49
Percentage difference between market reference rate 121.20 and exchange rate charged 114.55
5.49
7.637.63
10.6815.26
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
5.49
Percentage difference between market reference rate 121.20 and exchange rate charged 114.55
5.49
7.637.63
10.6815.26
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.994.27
6.27
Percentage difference between market reference rate 122.80 and exchange rate charged 115.10
6.27
8.418.41
11.7716.81
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.70
5.70
Percentage difference between market reference rate 1.11 and exchange rate charged 1.05
5.70
8.558.55
11.9717.10
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.70
5.70
Percentage difference between market reference rate 1.11 and exchange rate charged 1.05
5.70
8.558.55
11.9717.10
Money Exchange Italia
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
3.505.00
6.43
Percentage difference between market reference rate 121.94 and exchange rate charged 114.11
6.43
8.938.93
12.5017.86
Money Exchange Italia
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.505.00
6.75
Percentage difference between market reference rate 120.94 and exchange rate charged 112.78
6.75
9.259.25
12.9518.50
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Low
3.905.57
7.48
Percentage difference between market reference rate 122.14 and exchange rate charged 113.00
7.48
10.2710.27
14.3820.54
Poste Italiane via MoneyGram
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Receiving method
Agent
High
7.4010.57
5.94
Percentage difference between market reference rate 1.11 and exchange rate charged 1.05
5.94
11.2311.23
15.7222.46
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
4.506.43
8.25
Percentage difference between market reference rate 121.41 and exchange rate charged 111.39
8.25
11.4611.46
16.0422.91
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
4.506.43
8.25
Percentage difference between market reference rate 121.41 and exchange rate charged 111.39
8.25
11.4611.46
16.0422.91
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
4.506.43
9.04
Percentage difference between market reference rate 122.12 and exchange rate charged 111.08
9.04
12.2512.25
17.1524.50
Total Average Third Quarter
8.308.30
Total Average Second Quarter
6.726.72
Total Average
Fee
3.855.50
Exchange Rate Margin (%)
5.555.55
Total Cost Percent (%)
8.308.30
Total Cost (EUR) Total Cost (USD)
11.6216.60
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day 2 days
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.78
2.67
Percentage difference between market reference rate 1.08 and exchange rate charged 1.05
2.67
3.833.83
13.2119.14
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.78
2.67
Percentage difference between market reference rate 1.08 and exchange rate charged 1.05
2.67
3.833.83
13.2119.14
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.997.23
2.69
Percentage difference between market reference rate 1.11 and exchange rate charged 1.08
2.69
4.144.14
14.2820.70
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.997.23
2.69
Percentage difference between market reference rate 1.11 and exchange rate charged 1.08
2.69
4.144.14
14.2820.70
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
5.10
Percentage difference between market reference rate 121.19 and exchange rate charged 115.01
5.10
5.975.97
20.6029.86
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
5.10
Percentage difference between market reference rate 121.19 and exchange rate charged 115.01
5.10
5.975.97
20.6029.86
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
5.10
Percentage difference between market reference rate 121.19 and exchange rate charged 115.01
5.10
5.975.97
20.6029.86
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
5.10
Percentage difference between market reference rate 121.19 and exchange rate charged 115.01
5.10
5.975.97
20.6029.86
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
5.10
Percentage difference between market reference rate 121.19 and exchange rate charged 115.01
5.10
5.975.97
20.6029.86
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
5.10
Percentage difference between market reference rate 121.19 and exchange rate charged 115.01
5.10
5.975.97
20.6029.86
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.78
5.49
Percentage difference between market reference rate 121.20 and exchange rate charged 114.55
5.49
6.656.65
22.9433.25
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.78
5.49
Percentage difference between market reference rate 121.20 and exchange rate charged 114.55
5.49
6.656.65
22.9433.25
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.78
5.70
Percentage difference between market reference rate 1.11 and exchange rate charged 1.05
5.70
6.866.86
23.6734.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.78
5.70
Percentage difference between market reference rate 1.11 and exchange rate charged 1.05
5.70
6.866.86
23.6734.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.995.78
6.27
Percentage difference between market reference rate 122.80 and exchange rate charged 115.10
6.27
7.437.43
25.6337.14
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Low
3.905.65
7.48
Percentage difference between market reference rate 122.14 and exchange rate charged 113.00
7.48
8.618.61
29.7043.04
Money Exchange Italia
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
8.6312.51
6.43
Percentage difference between market reference rate 121.94 and exchange rate charged 114.11
6.43
8.938.93
30.8144.65
Money Exchange Italia
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8.6312.51
6.75
Percentage difference between market reference rate 120.94 and exchange rate charged 112.78
6.75
9.259.25
31.9146.25
Poste Italiane via MoneyGram
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Receiving method
Agent
High
13.3019.28
5.94
Percentage difference between market reference rate 1.11 and exchange rate charged 1.05
5.94
9.809.80
33.8149.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
7.5010.87
8.25
Percentage difference between market reference rate 121.41 and exchange rate charged 111.39
8.25
10.4210.42
35.9552.10
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
7.5010.87
8.25
Percentage difference between market reference rate 121.41 and exchange rate charged 111.39
8.25
10.4210.42
35.9552.10
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
7.5010.87
9.04
Percentage difference between market reference rate 122.12 and exchange rate charged 111.08
9.04
11.2111.21
38.6756.04
Total Average Third Quarter
7.047.04
Total Average Second Quarter
4.994.99
Total Average
Fee
5.137.43
Exchange Rate Margin (%)
5.555.55
Total Cost Percent (%)
7.047.04
Total Cost (EUR) Total Cost (USD)
24.2835.19
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day 2 days
Bank account Cash Mobile wallet