Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From USUnited States you can also send money to

Sending money from UNITED STATES to CUBA

Data collected on: Aug 22, 2023-Sep 04, 2023
Payment instrument
Access point
Sending network coverage
Transfer speedsort descending
<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)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Low
12.0012.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
6.006.00
12.0012.00
Duales
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
24.0024.00
7.63
Percentage difference between market reference rate 249.00 and exchange rate charged 230.00
7.63
19.6319.63
39.2639.26
Duales
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
24.0024.00
7.63
Percentage difference between market reference rate 249.00 and exchange rate charged 230.00
7.63
19.6319.63
39.2639.26
Duales
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
24.0024.00
7.63
Percentage difference between market reference rate 249.00 and exchange rate charged 230.00
7.63
19.6319.63
39.2639.26
Total Average Third Quarter 2023
16.2216.22
Total Average Second Quarter 2023
19.2619.26
Total Average
Fee
21.0021.00
Exchange Rate Margin (%)
5.725.72
Total Cost Percent (%)
16.2216.22
Total Cost (USD) Total Cost (USD)
32.4532.45
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Same day 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Low
16.0016.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.203.20
16.0016.00
Duales
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
60.0060.00
7.63
Percentage difference between market reference rate 249.00 and exchange rate charged 230.00
7.63
19.6319.63
98.1598.15
Duales
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
60.0060.00
7.63
Percentage difference between market reference rate 249.00 and exchange rate charged 230.00
7.63
19.6319.63
98.1598.15
Duales
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
60.0060.00
7.63
Percentage difference between market reference rate 249.00 and exchange rate charged 230.00
7.63
19.6319.63
98.1598.15
Total Average Third Quarter 2023
15.5215.52
Total Average Second Quarter 2023
19.2619.26
Total Average
Fee
49.0049.00
Exchange Rate Margin (%)
5.725.72
Total Cost Percent (%)
15.5215.52
Total Cost (USD) Total Cost (USD)
77.6177.61
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Same day 2 days
Bank account Cash