Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from ITALY to PHILIPPINES

Data collected on: Feb 21, 2022-Mar 08, 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.
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.512.16
-0.04
Percentage difference between market reference rate 57.67 and exchange rate charged 57.69
-0.04
1.041.04
1.462.09
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.41
0.55
Percentage difference between market reference rate 57.33 and exchange rate charged 57.01
0.55
1.261.26
1.762.51
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.41
0.62
Percentage difference between market reference rate 57.59 and exchange rate charged 57.23
0.62
1.321.32
1.852.64
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
1.32
Percentage difference between market reference rate 57.69 and exchange rate charged 56.93
1.32
1.321.32
1.852.64
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
1.752.50
0.15
Percentage difference between market reference rate 57.82 and exchange rate charged 57.73
0.15
1.401.40
1.962.80
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.082.97
-0.04
Percentage difference between market reference rate 57.67 and exchange rate charged 57.69
-0.04
1.441.44
2.022.89
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.84
0.03
Percentage difference between market reference rate 57.57 and exchange rate charged 57.56
0.03
1.451.45
2.032.90
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
1.752.50
0.25
Percentage difference between market reference rate 58.17 and exchange rate charged 58.02
0.25
1.501.50
2.103.00
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.981.40
1.36
Percentage difference between market reference rate 57.71 and exchange rate charged 56.93
1.36
2.062.06
2.884.11
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent, Home delivery
High
2.994.27
0.03
Percentage difference between market reference rate 57.57 and exchange rate charged 57.56
0.03
2.162.16
3.024.31
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.84
1.08
Percentage difference between market reference rate 57.58 and exchange rate charged 56.96
1.08
2.502.50
3.505.00
Poste Italiane via Western Union
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.902.71
1.21
Percentage difference between market reference rate 58.39 and exchange rate charged 57.68
1.21
2.572.57
3.605.14
Poste Italiane via Western Union
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.902.71
1.23
Percentage difference between market reference rate 58.40 and exchange rate charged 57.68
1.23
2.582.58
3.615.16
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.492.13
2.08
Percentage difference between market reference rate 57.58 and exchange rate charged 56.39
2.08
3.143.14
4.406.29
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
3.17
Percentage difference between market reference rate 57.36 and exchange rate charged 55.54
3.17
3.173.17
4.446.34
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
1.11
Percentage difference between market reference rate 57.68 and exchange rate charged 57.04
1.11
3.243.24
4.546.49
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.493.56
1.75
Percentage difference between market reference rate 57.35 and exchange rate charged 56.35
1.75
3.533.53
4.947.06
I-transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.007.14
0.22
Percentage difference between market reference rate 58.26 and exchange rate charged 58.14
0.22
3.793.79
5.317.59
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
4.907.00
0.33
Percentage difference between market reference rate 58.21 and exchange rate charged 58.02
0.33
3.833.83
5.367.66
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
1.76
Percentage difference between market reference rate 57.59 and exchange rate charged 56.57
1.76
3.903.90
5.467.80
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.507.86
0.52
Percentage difference between market reference rate 57.43 and exchange rate charged 57.13
0.52
4.454.45
6.238.90
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
5.007.14
1.12
Percentage difference between market reference rate 56.99 and exchange rate charged 56.35
1.12
4.704.70
6.589.40
National Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.007.14
1.32
Percentage difference between market reference rate 57.76 and exchange rate charged 57.00
1.32
4.894.89
6.859.79
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.14
3.26
Percentage difference between market reference rate 57.55 and exchange rate charged 55.67
3.26
5.335.33
7.4610.66
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.27
3.31
Percentage difference between market reference rate 57.58 and exchange rate charged 55.67
3.31
5.455.45
7.6310.90
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.70
3.17
Percentage difference between market reference rate 57.36 and exchange rate charged 55.54
3.17
6.026.02
8.4312.04
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.907.00
2.97
Percentage difference between market reference rate 57.47 and exchange rate charged 55.77
2.97
6.476.47
9.0612.94
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0014.29
0.09
Percentage difference between market reference rate 57.33 and exchange rate charged 57.28
0.09
7.247.24
10.1414.49
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
10.0014.29
0.09
Percentage difference between market reference rate 57.33 and exchange rate charged 57.28
0.09
7.247.24
10.1414.49
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
10.0014.29
1.81
Percentage difference between market reference rate 58.12 and exchange rate charged 57.07
1.81
8.958.95
12.5317.90
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.992.84
10.76
Percentage difference between market reference rate 58.13 and exchange rate charged 51.88
10.76
12.1812.18
17.0524.36
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.992.84
10.88
Percentage difference between market reference rate 57.35 and exchange rate charged 51.11
10.88
12.3012.30
17.2224.60
Total Average First Quarter
4.144.14
Total Average Fourth Quarter 2021
3.453.45
Total Average
Fee
3.284.68
Exchange Rate Margin (%)
1.801.80
Total Cost Percent (%)
4.144.14
Total Cost (EUR) Total Cost (USD)
5.798.28
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 Mobile wallet Own/partner bank account
Payment instrument
Access point
Sending network coverage
Receiving method
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.88
0.03
Percentage difference between market reference rate 57.57 and exchange rate charged 57.56
0.03
0.600.60
2.073.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
1.752.54
0.15
Percentage difference between market reference rate 57.82 and exchange rate charged 57.73
0.15
0.650.65
2.243.25
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.553.70
-0.04
Percentage difference between market reference rate 57.67 and exchange rate charged 57.69
-0.04
0.700.70
2.423.51
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
1.752.54
0.25
Percentage difference between market reference rate 58.17 and exchange rate charged 58.02
0.25
0.760.76
2.623.80
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.955.72
-0.04
Percentage difference between market reference rate 57.67 and exchange rate charged 57.69
-0.04
1.101.10
3.805.51
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.88
0.55
Percentage difference between market reference rate 57.33 and exchange rate charged 57.01
0.55
1.131.13
3.905.65
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent, Home delivery
High
3.995.78
0.03
Percentage difference between market reference rate 57.57 and exchange rate charged 57.56
0.03
1.181.18
4.075.90
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.88
0.62
Percentage difference between market reference rate 57.59 and exchange rate charged 57.23
0.62
1.191.19
4.115.96
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
1.32
Percentage difference between market reference rate 57.69 and exchange rate charged 56.93
1.32
1.321.32
4.556.59
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.88
1.08
Percentage difference between market reference rate 57.58 and exchange rate charged 56.96
1.08
1.661.66
5.738.30
I-transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.007.25
0.22
Percentage difference between market reference rate 58.26 and exchange rate charged 58.14
0.22
1.671.67
5.768.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
4.907.10
0.33
Percentage difference between market reference rate 58.21 and exchange rate charged 58.02
0.33
1.751.75
6.048.75
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
1.11
Percentage difference between market reference rate 57.68 and exchange rate charged 57.04
1.11
1.971.97
6.809.86
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.43
1.75
Percentage difference between market reference rate 57.35 and exchange rate charged 56.35
1.75
2.042.04
7.0410.20
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.43
1.76
Percentage difference between market reference rate 57.59 and exchange rate charged 56.57
1.76
2.052.05
7.0710.25
Poste Italiane via Western Union
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.20
1.21
Percentage difference between market reference rate 58.39 and exchange rate charged 57.68
1.21
2.052.05
7.0710.25
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.423.51
1.36
Percentage difference between market reference rate 57.71 and exchange rate charged 56.93
1.36
2.062.06
7.1110.30
Poste Italiane via Western Union
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.20
1.23
Percentage difference between market reference rate 58.40 and exchange rate charged 57.68
1.23
2.072.07
7.1410.35
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.507.97
0.52
Percentage difference between market reference rate 57.43 and exchange rate charged 57.13
0.52
2.112.11
7.2810.55
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.492.16
2.08
Percentage difference between market reference rate 57.58 and exchange rate charged 56.39
2.08
2.512.51
8.6612.55
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
5.007.25
1.12
Percentage difference between market reference rate 56.99 and exchange rate charged 56.35
1.12
2.572.57
8.8712.86
National Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.007.25
1.32
Percentage difference between market reference rate 57.76 and exchange rate charged 57.00
1.32
2.772.77
9.5613.86
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
10.0014.49
0.09
Percentage difference between market reference rate 57.33 and exchange rate charged 57.28
0.09
2.992.99
10.3214.96
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0014.49
0.09
Percentage difference between market reference rate 57.33 and exchange rate charged 57.28
0.09
2.992.99
10.3214.96
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
3.17
Percentage difference between market reference rate 57.36 and exchange rate charged 55.54
3.17
3.173.17
10.9415.86
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.33
3.31
Percentage difference between market reference rate 57.58 and exchange rate charged 55.67
3.31
4.184.18
14.4220.90
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.78
3.17
Percentage difference between market reference rate 57.36 and exchange rate charged 55.54
3.17
4.334.33
14.9421.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.907.10
2.97
Percentage difference between market reference rate 57.47 and exchange rate charged 55.77
2.97
4.394.39
15.1521.96
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.65
3.26
Percentage difference between market reference rate 57.55 and exchange rate charged 55.67
3.26
4.394.39
15.1521.96
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
10.0014.49
1.81
Percentage difference between market reference rate 58.12 and exchange rate charged 57.07
1.81
4.714.71
16.2523.55
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.992.88
10.76
Percentage difference between market reference rate 58.13 and exchange rate charged 51.88
10.76
11.3411.34
39.1256.70
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.992.88
10.88
Percentage difference between market reference rate 57.35 and exchange rate charged 51.11
10.88
11.4611.46
39.5457.30
Total Average First Quarter
2.812.81
Total Average Fourth Quarter 2021
2.092.09
Total Average
Fee
3.495.06
Exchange Rate Margin (%)
1.801.80
Total Cost Percent (%)
2.812.81
Total Cost (EUR) Total Cost (USD)
9.6914.04
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 Mobile wallet Own/partner bank account