Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from ITALY to SRI LANKA

Data collected on: Feb 14, 2022-Mar 01, 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.
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
-5.62
Percentage difference between market reference rate 227.22 and exchange rate charged 239.99
-5.62
-3.49-3.49
-4.89-6.99
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.75
Percentage difference between market reference rate 227.27 and exchange rate charged 225.57
0.75
0.750.75
1.051.50
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.632.33
-0.04
Percentage difference between market reference rate 227.59 and exchange rate charged 227.68
-0.04
1.131.13
1.582.26
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.203.14
-0.04
Percentage difference between market reference rate 227.59 and exchange rate charged 227.68
-0.04
1.531.53
2.143.06
Rewire
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.86
0.50
Percentage difference between market reference rate 229.90 and exchange rate charged 228.74
0.50
1.931.93
2.703.86
Rewire
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.86
0.51
Percentage difference between market reference rate 229.91 and exchange rate charged 228.74
0.51
1.941.94
2.723.89
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
2.00
Percentage difference between market reference rate 227.67 and exchange rate charged 223.13
2.00
2.002.00
2.804.00
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.00
Percentage difference between market reference rate 227.67 and exchange rate charged 223.13
2.00
2.002.00
2.804.00
National Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
5.007.14
-1.27
Percentage difference between market reference rate 227.11 and exchange rate charged 230.00
-1.27
2.302.30
3.224.60
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.701.00
2.00
Percentage difference between market reference rate 227.67 and exchange rate charged 223.13
2.00
2.502.50
3.505.00
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.701.00
2.00
Percentage difference between market reference rate 227.67 and exchange rate charged 223.13
2.00
2.502.50
3.505.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
4.005.71
-0.12
Percentage difference between market reference rate 226.45 and exchange rate charged 226.73
-0.12
2.732.73
3.825.46
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.493.56
1.14
Percentage difference between market reference rate 227.51 and exchange rate charged 224.92
1.14
2.922.92
4.095.84
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
5.007.14
-0.28
Percentage difference between market reference rate 229.21 and exchange rate charged 229.84
-0.28
3.303.30
4.626.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.70
0.69
Percentage difference between market reference rate 227.27 and exchange rate charged 225.70
0.69
3.543.54
4.967.09
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
2.55
Percentage difference between market reference rate 229.56 and exchange rate charged 223.70
2.55
3.913.91
5.477.81
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.27
1.81
Percentage difference between market reference rate 227.51 and exchange rate charged 223.39
1.81
3.943.94
5.527.89
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
3.905.57
1.38
Percentage difference between market reference rate 226.32 and exchange rate charged 223.21
1.38
4.164.16
5.828.31
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
2.90
Percentage difference between market reference rate 230.38 and exchange rate charged 223.70
2.90
4.264.26
5.968.51
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.14
2.43
Percentage difference between market reference rate 227.12 and exchange rate charged 221.61
2.43
4.504.50
6.309.00
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.70
1.70
Percentage difference between market reference rate 229.04 and exchange rate charged 225.14
1.70
4.554.55
6.379.10
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.70
1.89
Percentage difference between market reference rate 227.63 and exchange rate charged 223.33
1.89
4.744.74
6.649.49
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.27
2.75
Percentage difference between market reference rate 227.22 and exchange rate charged 220.97
2.75
4.884.88
6.839.76
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.007.14
1.81
Percentage difference between market reference rate 230.54 and exchange rate charged 226.37
1.81
5.385.38
7.5310.76
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.007.14
1.81
Percentage difference between market reference rate 230.54 and exchange rate charged 226.37
1.81
5.385.38
7.5310.76
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
3.69
Percentage difference between market reference rate 227.22 and exchange rate charged 218.83
3.69
5.835.83
8.1611.66
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.507.86
2.76
Percentage difference between market reference rate 227.55 and exchange rate charged 221.26
2.76
6.696.69
9.3713.39
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
4.506.43
3.61
Percentage difference between market reference rate 229.03 and exchange rate charged 220.76
3.61
6.826.82
9.5513.64
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
4.506.43
4.20
Percentage difference between market reference rate 229.92 and exchange rate charged 220.26
4.20
7.427.42
10.3914.84
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.998.56
4.30
Percentage difference between market reference rate 227.25 and exchange rate charged 217.47
4.30
8.588.58
12.0117.16
Total Average First Quarter
3.623.62
Total Average Fourth Quarter 2021
3.913.91
Total Average
Fee
3.024.32
Exchange Rate Margin (%)
1.461.46
Total Cost Percent (%)
3.623.62
Total Cost (EUR) Total Cost (USD)
5.077.24
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash Mobile wallet
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
High
2.994.33
-5.62
Percentage difference between market reference rate 227.22 and exchange rate charged 239.99
-5.62
-4.76-4.76
-16.42-23.80
National Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
5.007.25
-1.27
Percentage difference between market reference rate 227.11 and exchange rate charged 230.00
-1.27
0.180.18
0.620.90
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.653.84
-0.04
Percentage difference between market reference rate 227.59 and exchange rate charged 227.68
-0.04
0.730.73
2.523.65
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.75
Percentage difference between market reference rate 227.27 and exchange rate charged 225.57
0.75
0.750.75
2.593.75
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
4.005.80
-0.12
Percentage difference between market reference rate 226.45 and exchange rate charged 226.73
-0.12
1.031.03
3.555.14
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.055.87
-0.04
Percentage difference between market reference rate 227.59 and exchange rate charged 227.68
-0.04
1.131.13
3.905.65
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
5.007.25
-0.28
Percentage difference between market reference rate 229.21 and exchange rate charged 229.84
-0.28
1.171.17
4.045.86
Rewire
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.004.35
0.50
Percentage difference between market reference rate 229.90 and exchange rate charged 228.74
0.50
1.371.37
4.736.86
Rewire
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.004.35
0.51
Percentage difference between market reference rate 229.91 and exchange rate charged 228.74
0.51
1.381.38
4.766.90
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.78
0.69
Percentage difference between market reference rate 227.27 and exchange rate charged 225.70
0.69
1.841.84
6.359.20
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.493.61
1.14
Percentage difference between market reference rate 227.51 and exchange rate charged 224.92
1.14
1.861.86
6.429.30
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
2.00
Percentage difference between market reference rate 227.67 and exchange rate charged 223.13
2.00
2.002.00
6.9010.00
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.00
Percentage difference between market reference rate 227.67 and exchange rate charged 223.13
2.00
2.002.00
6.9010.00
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.732.51
2.00
Percentage difference between market reference rate 227.67 and exchange rate charged 223.13
2.00
2.502.50
8.6312.51
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.732.51
2.00
Percentage difference between market reference rate 227.67 and exchange rate charged 223.13
2.00
2.502.50
8.6312.51
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
3.905.65
1.38
Percentage difference between market reference rate 226.32 and exchange rate charged 223.21
1.38
2.512.51
8.6612.55
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.33
1.81
Percentage difference between market reference rate 227.51 and exchange rate charged 223.39
1.81
2.682.68
9.2513.41
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.78
1.70
Percentage difference between market reference rate 229.04 and exchange rate charged 225.14
1.70
2.862.86
9.8714.30
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.78
1.89
Percentage difference between market reference rate 227.63 and exchange rate charged 223.33
1.89
3.053.05
10.5215.25
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.007.25
1.81
Percentage difference between market reference rate 230.54 and exchange rate charged 226.37
1.81
3.263.26
11.2516.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.007.25
1.81
Percentage difference between market reference rate 230.54 and exchange rate charged 226.37
1.81
3.263.26
11.2516.30
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
2.55
Percentage difference between market reference rate 229.56 and exchange rate charged 223.70
2.55
3.393.39
11.7016.96
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
2.70
Percentage difference between market reference rate 230.38 and exchange rate charged 224.16
2.70
3.543.54
12.2117.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.65
2.43
Percentage difference between market reference rate 227.12 and exchange rate charged 221.61
2.43
3.563.56
12.2817.80
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.33
2.75
Percentage difference between market reference rate 227.22 and exchange rate charged 220.97
2.75
3.623.62
12.4918.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.507.97
2.76
Percentage difference between market reference rate 227.55 and exchange rate charged 221.26
2.76
4.364.36
15.0421.80
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
3.69
Percentage difference between market reference rate 227.22 and exchange rate charged 218.83
3.69
4.564.56
15.7322.80
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
7.5010.87
3.61
Percentage difference between market reference rate 229.03 and exchange rate charged 220.76
3.61
5.785.78
19.9428.90
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
7.5010.87
4.20
Percentage difference between market reference rate 229.92 and exchange rate charged 220.26
4.20
6.376.37
21.9831.86
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.9918.83
4.30
Percentage difference between market reference rate 227.25 and exchange rate charged 217.47
4.30
8.078.07
27.8440.35
Total Average First Quarter
2.552.55
Total Average Fourth Quarter 2021
2.952.95
Total Average
Fee
3.795.49
Exchange Rate Margin (%)
1.451.45
Total Cost Percent (%)
2.552.55
Total Cost (EUR) Total Cost (USD)
8.8012.76
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash Mobile wallet