Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SESweden you can also send money to
Transfer money

Sending money from SWEDEN to SOMALIA

Data collected on: May 15, 2024-May 27, 2024
SEK | 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 (SEK)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.
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
29.003.41
Exchange rate margin (%)
3.96
Percentage difference between market reference rate 0.09 and exchange rate charged 0.093.96
Total cost (%)
5.675.67
Total cost (SEK)sort descendingTotal cost (USD)sort descending
96.3911.34
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
29.003.41
Exchange rate margin (%)
4.00
Percentage difference between market reference rate 0.09 and exchange rate charged 0.094.00
Total cost (%)
5.715.71
Total cost (SEK)sort descendingTotal cost (USD)sort descending
97.0711.42
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
29.003.41
Exchange rate margin (%)
4.00
Percentage difference between market reference rate 0.09 and exchange rate charged 0.094.00
Total cost (%)
5.715.71
Total cost (SEK)sort descendingTotal cost (USD)sort descending
97.0711.42
Firm
Transfer Galaxy
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
8.501.00
Exchange rate margin (%)
7.40
Percentage difference between market reference rate 0.09 and exchange rate charged 0.097.40
Total cost (%)
7.907.90
Total cost (SEK)sort descendingTotal cost (USD)sort descending
134.3015.80
Firm
Transfer Galaxy
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
8.501.00
Exchange rate margin (%)
7.40
Percentage difference between market reference rate 0.09 and exchange rate charged 0.097.40
Total cost (%)
7.907.90
Total cost (SEK)sort descendingTotal cost (USD)sort descending
134.3015.80
Firm
Transfer Galaxy
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
8.501.00
Exchange rate margin (%)
7.40
Percentage difference between market reference rate 0.09 and exchange rate charged 0.097.40
Total cost (%)
7.907.90
Total cost (SEK)sort descendingTotal cost (USD)sort descending
134.3015.80
Firm
Transfer Galaxy
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
8.501.00
Exchange rate margin (%)
7.40
Percentage difference between market reference rate 0.09 and exchange rate charged 0.097.40
Total cost (%)
7.907.90
Total cost (SEK)sort descendingTotal cost (USD)sort descending
134.3015.80
Firm
Transfer Galaxy
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
8.501.00
Exchange rate margin (%)
7.40
Percentage difference between market reference rate 0.09 and exchange rate charged 0.097.40
Total cost (%)
7.907.90
Total cost (SEK)sort descendingTotal cost (USD)sort descending
134.3015.80
Firm
Transfer Galaxy
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
8.501.00
Exchange rate margin (%)
7.40
Percentage difference between market reference rate 0.09 and exchange rate charged 0.097.40
Total cost (%)
7.907.90
Total cost (SEK)sort descendingTotal cost (USD)sort descending
134.3015.80
Firm
Amal Express
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
10.64
Percentage difference between market reference rate 0.09 and exchange rate charged 0.0810.64
Total cost (%)
10.6410.64
Total cost (SEK)sort descendingTotal cost (USD)sort descending
180.8821.28
Firm
Dahabshiil
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
10.85
Percentage difference between market reference rate 0.09 and exchange rate charged 0.0810.85
Total cost (%)
10.8510.85
Total cost (SEK)sort descendingTotal cost (USD)sort descending
184.4521.70
Total Average Second Quarter
7.827.82
Total Average First Quarter
7.917.91
Total Average
Fee
12.551.48
Exchange Rate Margin (%)
7.087.08
Total Cost Percent (%)
7.827.82
Total Cost (SEK) Total Cost (USD)
132.8815.63
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day
Cash Mobile wallet
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (SEK)sort descendingTotal cost (USD)sort descending
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
29.003.37
Exchange rate margin (%)
3.96
Percentage difference between market reference rate 0.09 and exchange rate charged 0.093.96
Total cost (%)
4.634.63
Total cost (SEK)sort descendingTotal cost (USD)sort descending
199.0923.15
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
29.003.37
Exchange rate margin (%)
4.00
Percentage difference between market reference rate 0.09 and exchange rate charged 0.094.00
Total cost (%)
4.674.67
Total cost (SEK)sort descendingTotal cost (USD)sort descending
200.8123.35
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
29.003.37
Exchange rate margin (%)
4.00
Percentage difference between market reference rate 0.09 and exchange rate charged 0.094.00
Total cost (%)
4.674.67
Total cost (SEK)sort descendingTotal cost (USD)sort descending
200.8123.35
Firm
Transfer Galaxy
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
21.502.50
Exchange rate margin (%)
7.40
Percentage difference between market reference rate 0.09 and exchange rate charged 0.097.40
Total cost (%)
7.907.90
Total cost (SEK)sort descendingTotal cost (USD)sort descending
339.7039.50
Firm
Transfer Galaxy
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
21.502.50
Exchange rate margin (%)
7.40
Percentage difference between market reference rate 0.09 and exchange rate charged 0.097.40
Total cost (%)
7.907.90
Total cost (SEK)sort descendingTotal cost (USD)sort descending
339.7039.50
Firm
Transfer Galaxy
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
21.502.50
Exchange rate margin (%)
7.40
Percentage difference between market reference rate 0.09 and exchange rate charged 0.097.40
Total cost (%)
7.907.90
Total cost (SEK)sort descendingTotal cost (USD)sort descending
339.7039.50
Firm
Transfer Galaxy
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
21.502.50
Exchange rate margin (%)
7.40
Percentage difference between market reference rate 0.09 and exchange rate charged 0.097.40
Total cost (%)
7.907.90
Total cost (SEK)sort descendingTotal cost (USD)sort descending
339.7039.50
Firm
Transfer Galaxy
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
21.502.50
Exchange rate margin (%)
7.40
Percentage difference between market reference rate 0.09 and exchange rate charged 0.097.40
Total cost (%)
7.907.90
Total cost (SEK)sort descendingTotal cost (USD)sort descending
339.7039.50
Firm
Transfer Galaxy
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
21.502.50
Exchange rate margin (%)
7.40
Percentage difference between market reference rate 0.09 and exchange rate charged 0.097.40
Total cost (%)
7.907.90
Total cost (SEK)sort descendingTotal cost (USD)sort descending
339.7039.50
Firm
Amal Express
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
10.64
Percentage difference between market reference rate 0.09 and exchange rate charged 0.0810.64
Total cost (%)
10.6410.64
Total cost (SEK)sort descendingTotal cost (USD)sort descending
457.5253.20
Firm
Dahabshiil
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
10.85
Percentage difference between market reference rate 0.09 and exchange rate charged 0.0810.85
Total cost (%)
10.8510.85
Total cost (SEK)sort descendingTotal cost (USD)sort descending
466.5554.25
Total Average Second Quarter
7.537.53
Total Average First Quarter
7.637.63
Total Average
Fee
19.642.28
Exchange Rate Margin (%)
7.087.08
Total Cost Percent (%)
7.537.53
Total Cost (SEK) Total Cost (USD)
323.9137.66
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day
Cash Mobile wallet
Least Costly Corridors To Somalia
Least Costly Corridors From Sweden
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