Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from SPAIN to HONDURAS

Data collected on: Feb 20, 2024-Mar 06, 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 (%)
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.
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.84
0.52
Percentage difference between market reference rate 26.71 and exchange rate charged 26.57
0.52
1.941.94
2.723.89
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.84
0.52
Percentage difference between market reference rate 26.71 and exchange rate charged 26.57
0.52
1.941.94
2.723.89
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.84
0.84
Percentage difference between market reference rate 26.66 and exchange rate charged 26.44
0.84
2.262.26
3.164.51
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
0.52
Percentage difference between market reference rate 26.71 and exchange rate charged 26.57
0.52
2.662.66
3.725.31
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
0.52
Percentage difference between market reference rate 26.71 and exchange rate charged 26.57
0.52
2.662.66
3.725.31
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.004.29
0.67
Percentage difference between market reference rate 26.69 and exchange rate charged 26.51
0.67
2.812.81
3.935.61
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
0.83
Percentage difference between market reference rate 26.66 and exchange rate charged 26.44
0.83
2.972.97
4.165.94
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.994.27
0.83
Percentage difference between market reference rate 26.66 and exchange rate charged 26.44
0.83
2.972.97
4.165.94
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.004.29
1.31
Percentage difference between market reference rate 26.74 and exchange rate charged 26.39
1.31
3.453.45
4.836.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.907.00
0.79
Percentage difference between market reference rate 26.65 and exchange rate charged 26.44
0.79
4.294.29
6.018.59
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
2.994.27
2.65
Percentage difference between market reference rate 26.72 and exchange rate charged 26.01
2.65
4.794.79
6.719.59
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
2.994.27
2.65
Percentage difference between market reference rate 26.72 and exchange rate charged 26.01
2.65
4.794.79
6.719.59
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
2.994.27
2.65
Percentage difference between market reference rate 26.72 and exchange rate charged 26.01
2.65
4.794.79
6.719.59
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
2.994.27
2.65
Percentage difference between market reference rate 26.72 and exchange rate charged 26.01
2.65
4.794.79
6.719.59
Europhil
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.507.86
1.70
Percentage difference between market reference rate 26.66 and exchange rate charged 26.20
1.70
5.635.63
7.8811.26
Exact Change
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
9.0012.86
0.10
Percentage difference between market reference rate 1.09 and exchange rate charged 1.09
0.10
6.536.53
9.1413.06
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
7.4910.70
5.73
Percentage difference between market reference rate 26.67 and exchange rate charged 25.14
5.73
11.0811.08
15.5122.16
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
7.4910.70
5.78
Percentage difference between market reference rate 26.71 and exchange rate charged 25.17
5.78
11.1311.13
15.5822.26
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
7.4910.70
5.78
Percentage difference between market reference rate 26.71 and exchange rate charged 25.17
5.78
11.1311.13
15.5822.26
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.907.00
9.41
Percentage difference between market reference rate 26.79 and exchange rate charged 24.27
9.41
12.9112.91
18.0725.81
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.907.00
9.41
Percentage difference between market reference rate 26.79 and exchange rate charged 24.27
9.41
12.9112.91
18.0725.81
BBVA
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
35.0050.00
4.78
Percentage difference between market reference rate 1.08 and exchange rate charged 1.03
4.78
29.7829.78
41.6959.56
Total Average First Quarter
6.746.74
Total Average Fourth Quarter 2023
6.206.20
Total Average
Fee
5.577.96
Exchange Rate Margin (%)
2.762.76
Total Cost Percent (%)
6.746.74
Total Cost (EUR) Total Cost (USD)
9.4313.47
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
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
1.992.88
0.52
Percentage difference between market reference rate 26.71 and exchange rate charged 26.57
0.52
1.101.10
3.805.51
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.88
0.52
Percentage difference between market reference rate 26.71 and exchange rate charged 26.57
0.52
1.101.10
3.805.51
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
0.52
Percentage difference between market reference rate 26.71 and exchange rate charged 26.57
0.52
1.391.39
4.806.96
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
0.52
Percentage difference between market reference rate 26.71 and exchange rate charged 26.57
0.52
1.391.39
4.806.96
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.88
0.84
Percentage difference between market reference rate 26.66 and exchange rate charged 26.44
0.84
1.421.42
4.907.10
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.004.35
0.67
Percentage difference between market reference rate 26.69 and exchange rate charged 26.51
0.67
1.541.54
5.317.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
0.83
Percentage difference between market reference rate 26.66 and exchange rate charged 26.44
0.83
1.701.70
5.878.51
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.994.33
0.83
Percentage difference between market reference rate 26.66 and exchange rate charged 26.44
0.83
1.701.70
5.878.51
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.004.35
1.31
Percentage difference between market reference rate 26.74 and exchange rate charged 26.39
1.31
2.182.18
7.5210.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.907.10
0.79
Percentage difference between market reference rate 26.65 and exchange rate charged 26.44
0.79
2.212.21
7.6211.04
Exact Change
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
9.0013.04
0.10
Percentage difference between market reference rate 1.09 and exchange rate charged 1.09
0.10
2.712.71
9.3513.55
Europhil
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.507.97
1.70
Percentage difference between market reference rate 26.66 and exchange rate charged 26.20
1.70
3.293.29
11.3516.45
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
2.994.33
2.65
Percentage difference between market reference rate 26.72 and exchange rate charged 26.01
2.65
3.523.52
12.1417.59
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
2.994.33
2.65
Percentage difference between market reference rate 26.72 and exchange rate charged 26.01
2.65
3.523.52
12.1417.59
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
2.994.33
2.65
Percentage difference between market reference rate 26.72 and exchange rate charged 26.01
2.65
3.523.52
12.1417.59
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
2.994.33
2.65
Percentage difference between market reference rate 26.72 and exchange rate charged 26.01
2.65
3.523.52
12.1417.59
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
7.4910.86
5.73
Percentage difference between market reference rate 26.67 and exchange rate charged 25.14
5.73
7.907.90
27.2639.51
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
7.4910.86
5.78
Percentage difference between market reference rate 26.71 and exchange rate charged 25.17
5.78
7.957.95
27.4339.75
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
7.4910.86
5.78
Percentage difference between market reference rate 26.71 and exchange rate charged 25.17
5.78
7.957.95
27.4339.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.907.10
9.41
Percentage difference between market reference rate 26.79 and exchange rate charged 24.27
9.41
10.8310.83
37.3654.14
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.907.10
9.41
Percentage difference between market reference rate 26.79 and exchange rate charged 24.27
9.41
10.8310.83
37.3654.14
BBVA
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
35.0050.72
4.78
Percentage difference between market reference rate 1.08 and exchange rate charged 1.03
4.78
14.9214.92
51.4774.59
Total Average First Quarter
4.374.37
Total Average Fourth Quarter 2023
4.034.03
Total Average
Fee
5.578.07
Exchange Rate Margin (%)
2.762.76
Total Cost Percent (%)
4.374.37
Total Cost (EUR) Total Cost (USD)
15.0821.86
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