Remittance Prices Worldwide

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Transfer money

Sending money from SPAIN to DOMINICAN REPUBLIC

Data collected on: Aug 17, 2022-Sep 06, 2022
EUR | 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 (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.
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.004.29
Exchange rate margin (%)
-0.59
Percentage difference between market reference rate 52.39 and exchange rate charged 52.70-0.59
Total cost (%)
1.561.56
Total cost (EUR)sort descendingTotal cost (USD)sort descending
2.183.11
Firm
Small World
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.994.27
Exchange rate margin (%)
-0.41
Percentage difference between market reference rate 52.48 and exchange rate charged 52.69-0.41
Total cost (%)
1.731.73
Total cost (EUR)sort descendingTotal cost (USD)sort descending
2.423.46
Firm
Money Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.002.86
Exchange rate margin (%)
0.67
Percentage difference between market reference rate 52.57 and exchange rate charged 52.220.67
Total cost (%)
2.102.10
Total cost (EUR)sort descendingTotal cost (USD)sort descending
2.944.20
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.004.29
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 52.99 and exchange rate charged 52.800.37
Total cost (%)
2.512.51
Total cost (EUR)sort descendingTotal cost (USD)sort descending
3.515.01
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.995.70
Exchange rate margin (%)
1.28
Percentage difference between market reference rate 53.03 and exchange rate charged 52.351.28
Total cost (%)
4.134.13
Total cost (EUR)sort descendingTotal cost (USD)sort descending
5.788.26
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
4.19
Percentage difference between market reference rate 54.85 and exchange rate charged 52.564.19
Total cost (%)
4.194.19
Total cost (EUR)sort descendingTotal cost (USD)sort descending
5.878.39
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.995.70
Exchange rate margin (%)
1.48
Percentage difference between market reference rate 52.94 and exchange rate charged 52.161.48
Total cost (%)
4.334.33
Total cost (EUR)sort descendingTotal cost (USD)sort descending
6.068.66
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent, Home delivery
Disbursing network coverage
High
Fee
3.995.70
Exchange rate margin (%)
2.02
Percentage difference between market reference rate 53.02 and exchange rate charged 51.952.02
Total cost (%)
4.874.87
Total cost (EUR)sort descendingTotal cost (USD)sort descending
6.829.74
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
4.997.13
Exchange rate margin (%)
2.96
Percentage difference between market reference rate 52.99 and exchange rate charged 51.432.96
Total cost (%)
6.526.52
Total cost (EUR)sort descendingTotal cost (USD)sort descending
9.1313.04
Firm
Azimo
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.994.27
Exchange rate margin (%)
4.87
Percentage difference between market reference rate 53.12 and exchange rate charged 50.534.87
Total cost (%)
7.017.01
Total cost (EUR)sort descendingTotal cost (USD)sort descending
9.8114.01
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
4.907.00
Exchange rate margin (%)
3.76
Percentage difference between market reference rate 52.60 and exchange rate charged 50.633.76
Total cost (%)
7.267.26
Total cost (EUR)sort descendingTotal cost (USD)sort descending
10.1614.51
Total Average Third Quarter 2022
4.204.20
Total Average Second Quarter 2022
4.764.76
Total Average
Fee
3.264.65
Exchange Rate Margin (%)
1.871.87
Total Cost Percent (%)
4.204.20
Total Cost (EUR) Total Cost (USD)
5.888.40
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Next day 2 days 3-5 days
Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (EUR)sort descendingTotal cost (USD)sort descending
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.004.35
Exchange rate margin (%)
-0.59
Percentage difference between market reference rate 52.39 and exchange rate charged 52.70-0.59
Total cost (%)
0.280.28
Total cost (EUR)sort descendingTotal cost (USD)sort descending
0.971.41
Firm
Small World
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.995.78
Exchange rate margin (%)
-0.41
Percentage difference between market reference rate 52.48 and exchange rate charged 52.69-0.41
Total cost (%)
0.750.75
Total cost (EUR)sort descendingTotal cost (USD)sort descending
2.593.75
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.004.35
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 52.99 and exchange rate charged 52.800.37
Total cost (%)
1.241.24
Total cost (EUR)sort descendingTotal cost (USD)sort descending
4.286.20
Firm
Money Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.002.90
Exchange rate margin (%)
0.67
Percentage difference between market reference rate 52.57 and exchange rate charged 52.220.67
Total cost (%)
1.251.25
Total cost (EUR)sort descendingTotal cost (USD)sort descending
4.316.25
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.995.78
Exchange rate margin (%)
1.28
Percentage difference between market reference rate 53.03 and exchange rate charged 52.351.28
Total cost (%)
2.442.44
Total cost (EUR)sort descendingTotal cost (USD)sort descending
8.4212.20
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.995.78
Exchange rate margin (%)
1.48
Percentage difference between market reference rate 52.94 and exchange rate charged 52.161.48
Total cost (%)
2.632.63
Total cost (EUR)sort descendingTotal cost (USD)sort descending
9.0713.14
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent, Home delivery
Disbursing network coverage
High
Fee
3.995.78
Exchange rate margin (%)
2.02
Percentage difference between market reference rate 53.02 and exchange rate charged 51.952.02
Total cost (%)
3.183.18
Total cost (EUR)sort descendingTotal cost (USD)sort descending
10.9715.90
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
4.19
Percentage difference between market reference rate 54.85 and exchange rate charged 52.564.19
Total cost (%)
4.194.19
Total cost (EUR)sort descendingTotal cost (USD)sort descending
14.4620.96
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
4.997.23
Exchange rate margin (%)
2.96
Percentage difference between market reference rate 52.99 and exchange rate charged 51.432.96
Total cost (%)
4.404.40
Total cost (EUR)sort descendingTotal cost (USD)sort descending
15.1822.00
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
4.907.10
Exchange rate margin (%)
3.76
Percentage difference between market reference rate 52.60 and exchange rate charged 50.633.76
Total cost (%)
5.185.18
Total cost (EUR)sort descendingTotal cost (USD)sort descending
17.8725.90
Firm
Azimo
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.994.33
Exchange rate margin (%)
4.87
Percentage difference between market reference rate 53.12 and exchange rate charged 50.534.87
Total cost (%)
5.745.74
Total cost (EUR)sort descendingTotal cost (USD)sort descending
19.8028.70
Total Average Third Quarter 2022
2.842.84
Total Average Second Quarter 2022
3.583.58
Total Average
Fee
3.354.85
Exchange Rate Margin (%)
1.871.87
Total Cost Percent (%)
2.842.84
Total Cost (EUR) Total Cost (USD)
9.8114.22
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Next day 2 days 3-5 days
Cash
Least Costly Corridors To Dominican Republic
Least Costly Corridors From Spain
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