Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from ITALY to PHILIPPINES

Data collected on: May 15, 2024-Jun 05, 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 (%)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (EUR)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
0.13
Percentage difference between market reference rate 62.26 and exchange rate charged 62.18
0.13
0.130.13
0.180.26
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
0.13
Percentage difference between market reference rate 62.26 and exchange rate charged 62.18
0.13
0.130.13
0.180.26
Poste Italiane via Western Union
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.901.29
0.02
Percentage difference between market reference rate 63.18 and exchange rate charged 63.17
0.02
0.660.66
0.921.31
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.41
0.18
Percentage difference between market reference rate 62.27 and exchange rate charged 62.16
0.18
0.890.89
1.251.79
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.41
0.18
Percentage difference between market reference rate 62.27 and exchange rate charged 62.16
0.18
0.890.89
1.251.79
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
1.752.50
0.57
Percentage difference between market reference rate 62.26 and exchange rate charged 61.90
0.57
1.821.82
2.553.64
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
1.752.50
0.57
Percentage difference between market reference rate 62.26 and exchange rate charged 61.90
0.57
1.821.82
2.553.64
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.814.01
0.04
Percentage difference between market reference rate 62.33 and exchange rate charged 62.31
0.04
2.052.05
2.874.10
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.034.33
0.04
Percentage difference between market reference rate 62.33 and exchange rate charged 62.31
0.04
2.202.20
3.084.40
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.752.50
0.95
Percentage difference between market reference rate 63.38 and exchange rate charged 62.77
0.95
2.202.20
3.084.40
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.41
1.74
Percentage difference between market reference rate 62.26 and exchange rate charged 61.18
1.74
2.452.45
3.434.90
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.41
1.74
Percentage difference between market reference rate 62.26 and exchange rate charged 61.18
1.74
2.452.45
3.434.90
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.41
1.74
Percentage difference between market reference rate 62.26 and exchange rate charged 61.18
1.74
2.452.45
3.434.90
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.41
1.74
Percentage difference between market reference rate 62.26 and exchange rate charged 61.18
1.74
2.452.45
3.434.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
3.905.57
-0.30
Percentage difference between market reference rate 63.36 and exchange rate charged 63.55
-0.30
2.492.49
3.494.99
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
3.905.57
0.02
Percentage difference between market reference rate 63.33 and exchange rate charged 63.32
0.02
2.812.81
3.935.61
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.84
1.43
Percentage difference between market reference rate 62.57 and exchange rate charged 61.68
1.43
2.852.85
3.995.70
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.84
1.43
Percentage difference between market reference rate 62.57 and exchange rate charged 61.68
1.43
2.852.85
3.995.70
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.005.71
0.04
Percentage difference between market reference rate 62.33 and exchange rate charged 62.31
0.04
2.902.90
4.065.80
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
1.01
Percentage difference between market reference rate 62.27 and exchange rate charged 61.64
1.01
3.153.15
4.416.30
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
1.01
Percentage difference between market reference rate 62.27 and exchange rate charged 61.64
1.01
3.153.15
4.416.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.70
0.31
Percentage difference between market reference rate 62.26 and exchange rate charged 62.07
0.31
3.163.16
4.426.31
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.70
0.31
Percentage difference between market reference rate 62.26 and exchange rate charged 62.07
0.31
3.163.16
4.426.31
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
1.33
Percentage difference between market reference rate 62.27 and exchange rate charged 61.44
1.33
3.473.47
4.866.94
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
1.33
Percentage difference between market reference rate 62.27 and exchange rate charged 61.44
1.33
3.473.47
4.866.94
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
1.44
Percentage difference between market reference rate 62.58 and exchange rate charged 61.68
1.44
3.583.58
5.017.16
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
1.44
Percentage difference between market reference rate 62.58 and exchange rate charged 61.68
1.44
3.583.58
5.017.16
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
1.74
Percentage difference between market reference rate 62.26 and exchange rate charged 61.18
1.74
3.883.88
5.437.76
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
1.74
Percentage difference between market reference rate 62.26 and exchange rate charged 61.18
1.74
3.883.88
5.437.76
I-transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.507.86
0.08
Percentage difference between market reference rate 63.25 and exchange rate charged 63.20
0.08
4.014.01
5.618.01
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.507.86
0.41
Percentage difference between market reference rate 63.94 and exchange rate charged 63.68
0.41
4.344.34
6.088.69
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.904.14
2.85
Percentage difference between market reference rate 62.24 and exchange rate charged 60.46
2.85
4.924.92
6.899.84
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.904.14
2.85
Percentage difference between market reference rate 62.24 and exchange rate charged 60.46
2.85
4.924.92
6.899.84
National Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.005.71
2.53
Percentage difference between market reference rate 63.54 and exchange rate charged 61.93
2.53
5.395.39
7.5510.79
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
7.0010.00
0.53
Percentage difference between market reference rate 63.34 and exchange rate charged 63.00
0.53
5.535.53
7.7411.06
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.905.57
3.30
Percentage difference between market reference rate 63.13 and exchange rate charged 61.05
3.30
6.096.09
8.5312.19
Unicredit Banca
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
43.5062.14
3.11
Percentage difference between market reference rate 63.66 and exchange rate charged 61.68
3.11
34.1834.18
47.8568.36
Total Average Second Quarter
3.793.79
Total Average First Quarter
3.293.29
Total Average
Fee
3.815.44
Exchange Rate Margin (%)
1.071.07
Total Cost Percent (%)
3.793.79
Total Cost (EUR) Total Cost (USD)
5.317.59
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days 6 days or more
Bank account Cash Mobile wallet Own/partner bank account
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
0.13
Percentage difference between market reference rate 62.26 and exchange rate charged 62.18
0.13
0.130.13
0.450.65
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
0.13
Percentage difference between market reference rate 62.26 and exchange rate charged 62.18
0.13
0.130.13
0.450.65
Poste Italiane via Western Union
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.901.30
0.02
Percentage difference between market reference rate 63.18 and exchange rate charged 63.17
0.02
0.280.28
0.971.41
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.43
0.18
Percentage difference between market reference rate 62.27 and exchange rate charged 62.16
0.18
0.470.47
1.622.35
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.43
0.18
Percentage difference between market reference rate 62.27 and exchange rate charged 62.16
0.18
0.470.47
1.622.35
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
1.752.54
0.57
Percentage difference between market reference rate 62.26 and exchange rate charged 61.90
0.57
1.081.08
3.735.41
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
1.752.54
0.57
Percentage difference between market reference rate 62.26 and exchange rate charged 61.90
0.57
1.081.08
3.735.41
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.276.19
0.04
Percentage difference between market reference rate 62.33 and exchange rate charged 62.31
0.04
1.281.28
4.426.41
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.477.93
0.04
Percentage difference between market reference rate 62.33 and exchange rate charged 62.31
0.04
1.631.63
5.628.14
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.752.54
0.95
Percentage difference between market reference rate 63.38 and exchange rate charged 62.77
0.95
1.461.46
5.047.30
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.43
1.14
Percentage difference between market reference rate 62.26 and exchange rate charged 61.55
1.14
1.431.43
4.937.14
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.43
1.14
Percentage difference between market reference rate 62.26 and exchange rate charged 61.55
1.14
1.431.43
4.937.14
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.43
1.14
Percentage difference between market reference rate 62.26 and exchange rate charged 61.55
1.14
1.431.43
4.937.14
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.43
1.14
Percentage difference between market reference rate 62.26 and exchange rate charged 61.55
1.14
1.431.43
4.937.14
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
3.905.65
-0.30
Percentage difference between market reference rate 63.36 and exchange rate charged 63.55
-0.30
0.830.83
2.864.14
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
3.905.65
0.02
Percentage difference between market reference rate 63.33 and exchange rate charged 63.32
0.02
1.151.15
3.975.75
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.88
1.43
Percentage difference between market reference rate 62.57 and exchange rate charged 61.68
1.43
2.012.01
6.9310.04
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.88
1.43
Percentage difference between market reference rate 62.57 and exchange rate charged 61.68
1.43
2.012.01
6.9310.04
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
7.9011.45
0.04
Percentage difference between market reference rate 62.33 and exchange rate charged 62.31
0.04
2.332.33
8.0411.65
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
1.01
Percentage difference between market reference rate 62.27 and exchange rate charged 61.64
1.01
1.881.88
6.499.41
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
1.01
Percentage difference between market reference rate 62.27 and exchange rate charged 61.64
1.01
1.881.88
6.499.41
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.78
0.31
Percentage difference between market reference rate 62.26 and exchange rate charged 62.07
0.31
1.471.47
5.077.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.78
0.31
Percentage difference between market reference rate 62.26 and exchange rate charged 62.07
0.31
1.471.47
5.077.35
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
1.33
Percentage difference between market reference rate 62.27 and exchange rate charged 61.44
1.33
2.202.20
7.5911.00
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
1.33
Percentage difference between market reference rate 62.27 and exchange rate charged 61.44
1.33
2.202.20
7.5911.00
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.78
1.44
Percentage difference between market reference rate 62.58 and exchange rate charged 61.68
1.44
2.602.60
8.9713.00
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.78
1.44
Percentage difference between market reference rate 62.58 and exchange rate charged 61.68
1.44
2.602.60
8.9713.00
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
1.14
Percentage difference between market reference rate 62.26 and exchange rate charged 61.55
1.14
2.012.01
6.9310.04
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
1.14
Percentage difference between market reference rate 62.26 and exchange rate charged 61.55
1.14
2.012.01
6.9310.04
I-transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.507.97
0.08
Percentage difference between market reference rate 63.25 and exchange rate charged 63.20
0.08
1.671.67
5.768.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.507.97
0.41
Percentage difference between market reference rate 63.94 and exchange rate charged 63.68
0.41
2.002.00
6.9010.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.905.65
2.85
Percentage difference between market reference rate 62.24 and exchange rate charged 60.46
2.85
3.983.98
13.7319.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.905.65
2.85
Percentage difference between market reference rate 62.24 and exchange rate charged 60.46
2.85
3.983.98
13.7319.90
National Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.007.25
2.53
Percentage difference between market reference rate 63.54 and exchange rate charged 61.93
2.53
3.983.98
13.7319.90
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
7.0010.14
0.53
Percentage difference between market reference rate 63.34 and exchange rate charged 63.00
0.53
2.562.56
8.8312.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.905.65
3.30
Percentage difference between market reference rate 63.13 and exchange rate charged 61.05
3.30
4.434.43
15.2822.14
Unicredit Banca
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
43.5063.04
3.11
Percentage difference between market reference rate 63.66 and exchange rate charged 61.68
3.11
15.7215.72
54.2378.59
Total Average Second Quarter
2.182.18
Total Average First Quarter
1.941.94
Total Average
Fee
4.156.02
Exchange Rate Margin (%)
0.980.98
Total Cost Percent (%)
2.182.18
Total Cost (EUR) Total Cost (USD)
7.5210.90
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days 6 days or more
Bank account Cash Mobile wallet Own/partner bank account