Remittance Prices Worldwide

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Sending money from ITALY to ECUADOR

Data collected on: Feb 03, 2025 - Mar 10, 2025
EUR | 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 (EUR)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Firm
Poste Italiane via Western Union
Firm type: Money Transfer Operator / Post office
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
0.99
Exchange rate margin(%)
0.86
Percentage difference between market reference rate 1.04 and exchange rate charged 1.03
Total cost (%)
1.57
Total cost (EUR)sort descending
2.20
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
1.90
Exchange rate margin(%)
1.26
Percentage difference between market reference rate 1.02 and exchange rate charged 1.01
Total cost (%)
2.62
Total cost (EUR)sort descending
3.67
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
1.90
Exchange rate margin(%)
1.27
Percentage difference between market reference rate 1.04 and exchange rate charged 1.03
Total cost (%)
2.63
Total cost (EUR)sort descending
3.68
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
1.90
Exchange rate margin(%)
1.27
Percentage difference between market reference rate 1.04 and exchange rate charged 1.03
Total cost (%)
2.63
Total cost (EUR)sort descending
3.68
Firm
National Exchange Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
3.00
Exchange rate margin(%)
0.61
Percentage difference between market reference rate 1.08 and exchange rate charged 1.08
Total cost (%)
2.75
Total cost (EUR)sort descending
3.85
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
2.99
Exchange rate margin(%)
0.97
Percentage difference between market reference rate 1.04 and exchange rate charged 1.03
Total cost (%)
3.11
Total cost (EUR)sort descending
4.35
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
2.99
Exchange rate margin(%)
0.97
Percentage difference between market reference rate 1.04 and exchange rate charged 1.03
Total cost (%)
3.11
Total cost (EUR)sort descending
4.35
Firm
Poste Italiane via MoneyGram
Firm type: Money Transfer Operator / Post office
 
Payment instrument
Access point
Post Office branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
5.00
Exchange rate margin(%)
-0.42
Percentage difference between market reference rate 1.04 and exchange rate charged 1.04
Total cost (%)
3.15
Total cost (EUR)sort descending
4.41
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
0.99
Exchange rate margin(%)
3.44
Percentage difference between market reference rate 1.04 and exchange rate charged 1.01
Total cost (%)
4.15
Total cost (EUR)sort descending
5.81
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
0.99
Exchange rate margin(%)
3.44
Percentage difference between market reference rate 1.04 and exchange rate charged 1.01
Total cost (%)
4.15
Total cost (EUR)sort descending
5.81
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
6.40
Exchange rate margin(%)
-0.01
Percentage difference between market reference rate 1.04 and exchange rate charged 1.04
Total cost (%)
4.56
Total cost (EUR)sort descending
6.38
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
2.99
Exchange rate margin(%)
2.82
Percentage difference between market reference rate 1.04 and exchange rate charged 1.01
Total cost (%)
4.96
Total cost (EUR)sort descending
6.94
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
2.99
Exchange rate margin(%)
2.82
Percentage difference between market reference rate 1.04 and exchange rate charged 1.01
Total cost (%)
4.96
Total cost (EUR)sort descending
6.94
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
2.99
Exchange rate margin(%)
2.82
Percentage difference between market reference rate 1.04 and exchange rate charged 1.01
Total cost (%)
4.96
Total cost (EUR)sort descending
6.94
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
2.99
Exchange rate margin(%)
2.82
Percentage difference between market reference rate 1.04 and exchange rate charged 1.01
Total cost (%)
4.96
Total cost (EUR)sort descending
6.94
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
3.50
Exchange rate margin(%)
3.24
Percentage difference between market reference rate 1.04 and exchange rate charged 1.01
Total cost (%)
5.74
Total cost (EUR)sort descending
8.04
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
3.50
Exchange rate margin(%)
3.24
Percentage difference between market reference rate 1.04 and exchange rate charged 1.01
Total cost (%)
5.74
Total cost (EUR)sort descending
8.04
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
3.90
Exchange rate margin(%)
6.37
Percentage difference between market reference rate 1.03 and exchange rate charged 0.97
Total cost (%)
9.16
Total cost (EUR)sort descending
12.82
Firm
Extrabanca
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch
Sending network coverage
Low 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
25.00
Exchange rate margin(%)
1.48
Percentage difference between market reference rate 1.04 and exchange rate charged 1.02
Total cost (%)
19.34
Total cost (EUR)sort descending
27.08
Firm
Extrabanca
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch
Sending network coverage
Low 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
25.00
Exchange rate margin(%)
1.49
Percentage difference between market reference rate 1.04 and exchange rate charged 1.02
Total cost (%)
19.35
Total cost (EUR)sort descending
27.09
Firm
Banca Intesa SanPaolo
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low 
Fee
34.00
Exchange rate margin(%)
1.15
Percentage difference between market reference rate 1.04 and exchange rate charged 1.03
Total cost (%)
25.44
Total cost (EUR)sort descending
35.62
Firm
Banca Intesa SanPaolo
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low 
Fee
34.00
Exchange rate margin(%)
1.52
Percentage difference between market reference rate 1.05 and exchange rate charged 1.03
Total cost (%)
25.81
Total cost (EUR)sort descending
36.13
Firm
Banca Intesa SanPaolo
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low 
Fee
37.10
Exchange rate margin(%)
1.52
Percentage difference between market reference rate 1.05 and exchange rate charged 1.03
Total cost (%)
28.02
Total cost (EUR)sort descending
39.23
Firm
Unicredit Banca
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
43.50
Exchange rate margin(%)
0.38
Percentage difference between market reference rate 1.08 and exchange rate charged 1.08
Total cost (%)
31.45
Total cost (EUR)sort descending
44.03
Firm
Banca Monte dei Paschi di Siena
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
50.25
Exchange rate margin(%)
0.93
Percentage difference between market reference rate 1.05 and exchange rate charged 1.04
Total cost (%)
36.82
Total cost (EUR)sort descending
51.55
Total Average First Quarter 2025
10.45
Total Average Fourth Quarter 2024
9.45
Total Average
Fee
12.03
Exchange Rate Margin (%)
1.85
Total Cost Percent (%)
10.45
Total Cost (EUR)
14.62
Non-Transparent records
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