Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From NLNetherlands you can also send money to

Sending money from NETHERLANDS to SOMALIA

Data collected on: Aug 20, 2023-Sep 03, 2023
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.
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.84
2.97
Percentage difference between market reference rate 1.08 and exchange rate charged 1.05
2.97
4.394.39
6.158.79
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.84
2.97
Percentage difference between market reference rate 1.08 and exchange rate charged 1.05
2.97
4.394.39
6.158.79
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.84
2.97
Percentage difference between market reference rate 1.08 and exchange rate charged 1.05
2.97
4.394.39
6.158.79
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.701.00
6.46
Percentage difference between market reference rate 1.08 and exchange rate charged 1.01
6.46
6.966.96
9.7413.91
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.701.00
6.55
Percentage difference between market reference rate 1.08 and exchange rate charged 1.01
6.55
7.057.05
9.8714.10
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.701.00
6.62
Percentage difference between market reference rate 1.08 and exchange rate charged 1.01
6.62
7.127.12
9.9714.24
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.86
6.97
Percentage difference between market reference rate 1.08 and exchange rate charged 1.00
6.97
8.408.40
11.7616.80
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.86
6.97
Percentage difference between market reference rate 1.08 and exchange rate charged 1.00
6.97
8.408.40
11.7616.80
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.86
6.97
Percentage difference between market reference rate 1.08 and exchange rate charged 1.00
6.97
8.408.40
11.7616.80
Pay iZi!
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8.0011.43
3.32
Percentage difference between market reference rate 1.09 and exchange rate charged 1.06
3.32
9.039.03
12.6418.06
Total Average Third Quarter 2023
6.856.85
Total Average Second Quarter 2023
6.526.52
Total Average
Fee
2.213.15
Exchange Rate Margin (%)
5.285.28
Total Cost Percent (%)
6.856.85
Total Cost (EUR) Total Cost (USD)
9.6013.71
Non-Transparent records
Bank account transfer Credit Card Debit card
Less than one hour Same day
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
Medium
1.992.88
2.97
Percentage difference between market reference rate 1.08 and exchange rate charged 1.05
2.97
3.553.55
12.2517.75
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.88
2.97
Percentage difference between market reference rate 1.08 and exchange rate charged 1.05
2.97
3.553.55
12.2517.75
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.88
2.97
Percentage difference between market reference rate 1.08 and exchange rate charged 1.05
2.97
3.553.55
12.2517.75
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.722.49
6.46
Percentage difference between market reference rate 1.08 and exchange rate charged 1.01
6.46
6.966.96
24.0134.80
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.722.49
6.55
Percentage difference between market reference rate 1.08 and exchange rate charged 1.01
6.55
7.057.05
24.3235.25
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.722.49
6.63
Percentage difference between market reference rate 1.08 and exchange rate charged 1.01
6.63
7.137.13
24.6035.65
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.90
6.97
Percentage difference between market reference rate 1.08 and exchange rate charged 1.00
6.97
7.557.55
26.0537.75
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.90
6.97
Percentage difference between market reference rate 1.08 and exchange rate charged 1.00
6.97
7.557.55
26.0537.75
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.90
6.97
Percentage difference between market reference rate 1.08 and exchange rate charged 1.00
6.97
7.557.55
26.0537.75
Pay iZi!
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.0028.99
3.32
Percentage difference between market reference rate 1.09 and exchange rate charged 1.06
3.32
9.129.12
31.4645.59
Total Average Third Quarter 2023
6.366.36
Total Average Second Quarter 2023
6.026.02
Total Average
Fee
3.715.38
Exchange Rate Margin (%)
5.285.28
Total Cost Percent (%)
6.366.36
Total Cost (EUR) Total Cost (USD)
21.9331.78
Non-Transparent records
Bank account transfer Credit Card Debit card
Less than one hour Same day
Cash Mobile wallet