Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From USUnited States you can also send money to

Sending money from UNITED STATES to CABO VERDE

Data collected on: Aug 23, 2024-Sep 03, 2024
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 (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.32
Percentage difference between market reference rate 99.70 and exchange rate charged 99.38
0.32
0.320.32
0.640.64
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.635.63
2.51
Percentage difference between market reference rate 99.66 and exchange rate charged 97.16
2.51
5.335.33
10.6610.66
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.995.99
2.48
Percentage difference between market reference rate 99.63 and exchange rate charged 97.16
2.48
5.485.48
10.9610.96
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.9911.99
2.48
Percentage difference between market reference rate 99.63 and exchange rate charged 97.16
2.48
8.488.48
16.9616.96
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.0012.00
2.51
Percentage difference between market reference rate 99.66 and exchange rate charged 97.16
2.51
8.518.51
17.0217.02
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.994.99
7.53
Percentage difference between market reference rate 99.73 and exchange rate charged 92.22
7.53
10.0310.03
20.0620.06
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.994.99
7.83
Percentage difference between market reference rate 99.73 and exchange rate charged 91.93
7.83
10.3310.33
20.6620.66
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
5.00
Percentage difference between market reference rate 100.34 and exchange rate charged 95.32
5.00
11.0011.00
22.0022.00
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
5.24
Percentage difference between market reference rate 99.91 and exchange rate charged 94.68
5.24
11.2411.24
22.4822.48
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
8.008.00
8.58
Percentage difference between market reference rate 99.73 and exchange rate charged 91.17
8.58
12.5812.58
25.1625.16
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.9911.99
7.83
Percentage difference between market reference rate 99.73 and exchange rate charged 91.93
7.83
13.8313.83
27.6627.66
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Low
45.0045.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
22.5022.50
45.0045.00
Citibank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Low
45.0045.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
22.5022.50
45.0045.00
Total Average Third Quarter
10.9310.93
Total Average Second Quarter
10.1610.16
Total Average
Fee
13.8113.81
Exchange Rate Margin (%)
4.024.02
Total Cost Percent (%)
10.9310.93
Total Cost (USD) Total Cost (USD)
21.8721.87
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.32
Percentage difference between market reference rate 99.70 and exchange rate charged 99.38
0.32
0.320.32
1.601.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8.998.99
2.48
Percentage difference between market reference rate 99.63 and exchange rate charged 97.16
2.48
4.284.28
21.4021.40
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.0811.08
2.51
Percentage difference between market reference rate 99.66 and exchange rate charged 97.16
2.51
4.734.73
23.6523.65
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
22.4922.49
2.48
Percentage difference between market reference rate 99.63 and exchange rate charged 97.16
2.48
6.986.98
34.9034.90
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
22.4722.47
2.51
Percentage difference between market reference rate 99.66 and exchange rate charged 97.16
2.51
7.007.00
35.0035.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
5.00
Percentage difference between market reference rate 100.34 and exchange rate charged 95.32
5.00
7.407.40
37.0037.00
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
5.24
Percentage difference between market reference rate 99.91 and exchange rate charged 94.68
5.24
7.647.64
38.2038.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.994.99
7.53
Percentage difference between market reference rate 99.73 and exchange rate charged 92.22
7.53
8.538.53
42.6542.65
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Low
45.0045.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
9.009.00
45.0045.00
Citibank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Low
45.0045.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
9.009.00
45.0045.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.996.99
7.83
Percentage difference between market reference rate 99.73 and exchange rate charged 91.93
7.83
9.239.23
46.1546.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
8.008.00
8.58
Percentage difference between market reference rate 99.73 and exchange rate charged 91.17
8.58
10.1810.18
50.9050.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
21.4921.49
7.83
Percentage difference between market reference rate 99.73 and exchange rate charged 91.93
7.83
12.1312.13
60.6560.65
Total Average Third Quarter
7.427.42
Total Average Second Quarter
6.956.95
Total Average
Fee
16.9616.96
Exchange Rate Margin (%)
4.024.02
Total Cost Percent (%)
7.427.42
Total Cost (USD) Total Cost (USD)
37.0837.08
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour 2 days 3-5 days
Bank account Cash