Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Transfer money

Sending money from SWITZERLAND to ALBANIA

Data collected on: Aug 20, 2024-Aug 30, 2024
CHF | 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 (CHF)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
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3.994.99
Exchange rate margin (%)
4.62
Percentage difference between market reference rate 105.66 and exchange rate charged 100.784.62
Total cost (%)
7.117.11
Total cost (CHF)sort descendingTotal cost (USD)sort descending
11.3814.23
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3.994.99
Exchange rate margin (%)
4.62
Percentage difference between market reference rate 105.66 and exchange rate charged 100.784.62
Total cost (%)
7.117.11
Total cost (CHF)sort descendingTotal cost (USD)sort descending
11.3814.23
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
5.006.25
Exchange rate margin (%)
5.12
Percentage difference between market reference rate 105.66 and exchange rate charged 100.255.12
Total cost (%)
8.258.25
Total cost (CHF)sort descendingTotal cost (USD)sort descending
13.2016.50
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
5.006.25
Exchange rate margin (%)
5.62
Percentage difference between market reference rate 104.70 and exchange rate charged 98.815.62
Total cost (%)
8.758.75
Total cost (CHF)sort descendingTotal cost (USD)sort descending
14.0017.50
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
8.0010.00
Exchange rate margin (%)
3.98
Percentage difference between market reference rate 106.01 and exchange rate charged 101.803.98
Total cost (%)
8.988.98
Total cost (CHF)sort descendingTotal cost (USD)sort descending
14.3717.96
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3.994.99
Exchange rate margin (%)
8.19
Percentage difference between market reference rate 105.81 and exchange rate charged 97.158.19
Total cost (%)
10.6810.68
Total cost (CHF)sort descendingTotal cost (USD)sort descending
17.0921.36
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3.994.99
Exchange rate margin (%)
8.19
Percentage difference between market reference rate 105.81 and exchange rate charged 97.158.19
Total cost (%)
10.6810.68
Total cost (CHF)sort descendingTotal cost (USD)sort descending
17.0921.36
Firm
Swiss Post
Firm type: Post office
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
22.0027.50
Exchange rate margin (%)
1.13
Percentage difference between market reference rate 1.05 and exchange rate charged 1.041.13
Total cost (%)
14.8814.88
Total cost (CHF)sort descendingTotal cost (USD)sort descending
23.8129.76
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
10.0012.50
Exchange rate margin (%)
8.68
Percentage difference between market reference rate 1.05 and exchange rate charged 0.968.68
Total cost (%)
14.9314.93
Total cost (CHF)sort descendingTotal cost (USD)sort descending
23.8929.86
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
10.0012.50
Exchange rate margin (%)
13.90
Percentage difference between market reference rate 104.70 and exchange rate charged 90.1513.90
Total cost (%)
20.1520.15
Total cost (CHF)sort descendingTotal cost (USD)sort descending
32.2440.30
Total Average Third Quarter 2024
11.1511.15
Total Average Second Quarter 2024
9.479.47
Total Average
Fee
7.609.50
Exchange Rate Margin (%)
6.416.41
Total Cost Percent (%)
11.1511.15
Total Cost (CHF) Total Cost (USD)
17.8522.31
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day 2 days 3-5 days
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (CHF)sort descendingTotal cost (USD)sort descending
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3.994.99
Exchange rate margin (%)
4.62
Percentage difference between market reference rate 105.66 and exchange rate charged 100.784.62
Total cost (%)
5.625.62
Total cost (CHF)sort descendingTotal cost (USD)sort descending
22.4828.10
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3.994.99
Exchange rate margin (%)
4.62
Percentage difference between market reference rate 105.66 and exchange rate charged 100.784.62
Total cost (%)
5.625.62
Total cost (CHF)sort descendingTotal cost (USD)sort descending
22.4828.10
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
5.006.25
Exchange rate margin (%)
5.12
Percentage difference between market reference rate 105.66 and exchange rate charged 100.255.12
Total cost (%)
6.376.37
Total cost (CHF)sort descendingTotal cost (USD)sort descending
25.4831.85
Firm
Swiss Post
Firm type: Post office
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
22.0027.50
Exchange rate margin (%)
1.13
Percentage difference between market reference rate 1.05 and exchange rate charged 1.041.13
Total cost (%)
6.636.63
Total cost (CHF)sort descendingTotal cost (USD)sort descending
26.5233.15
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
5.006.25
Exchange rate margin (%)
5.62
Percentage difference between market reference rate 104.70 and exchange rate charged 98.815.62
Total cost (%)
6.876.87
Total cost (CHF)sort descendingTotal cost (USD)sort descending
27.4834.35
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
12.0015.00
Exchange rate margin (%)
3.98
Percentage difference between market reference rate 106.01 and exchange rate charged 101.803.98
Total cost (%)
6.986.98
Total cost (CHF)sort descendingTotal cost (USD)sort descending
27.9234.90
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3.994.99
Exchange rate margin (%)
8.19
Percentage difference between market reference rate 105.81 and exchange rate charged 97.158.19
Total cost (%)
9.199.19
Total cost (CHF)sort descendingTotal cost (USD)sort descending
36.7645.95
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3.994.99
Exchange rate margin (%)
8.19
Percentage difference between market reference rate 105.81 and exchange rate charged 97.158.19
Total cost (%)
9.199.19
Total cost (CHF)sort descendingTotal cost (USD)sort descending
36.7645.95
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
15.0018.75
Exchange rate margin (%)
8.68
Percentage difference between market reference rate 1.05 and exchange rate charged 0.968.68
Total cost (%)
12.4312.43
Total cost (CHF)sort descendingTotal cost (USD)sort descending
49.7262.15
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
15.0018.75
Exchange rate margin (%)
13.90
Percentage difference between market reference rate 104.70 and exchange rate charged 90.1513.90
Total cost (%)
17.6517.65
Total cost (CHF)sort descendingTotal cost (USD)sort descending
70.6088.25
Total Average Third Quarter 2024
8.668.66
Total Average Second Quarter 2024
6.256.25
Total Average
Fee
9.0011.25
Exchange Rate Margin (%)
6.416.41
Total Cost Percent (%)
8.668.66
Total Cost (CHF) Total Cost (USD)
34.6243.28
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day 2 days 3-5 days
Bank account Cash
Least Costly Corridors To Albania
Least Costly Corridors From Switzerland
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