Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to

Sending money from UNITED KINGDOM to GAMBIA

Data collected on: Feb 19, 2022-Feb 25, 2022
GBP | 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 (GBP)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.
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Bank branch
High
1.803.00
3.62
Percentage difference between market reference rate 71.17 and exchange rate charged 68.59
3.62
5.125.12
6.1410.23
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.803.00
3.75
Percentage difference between market reference rate 71.26 and exchange rate charged 68.59
3.75
5.255.25
6.3010.50
CashMinute
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.001.67
5.02
Percentage difference between market reference rate 71.43 and exchange rate charged 67.85
5.02
5.855.85
7.0211.70
ACE Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
4.96
Percentage difference between market reference rate 71.39 and exchange rate charged 67.85
4.96
6.626.62
7.9413.23
YaYeh Instant Services
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.001.67
6.26
Percentage difference between market reference rate 72.38 and exchange rate charged 67.85
6.26
7.097.09
8.5114.18
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.003.33
7.99
Percentage difference between market reference rate 72.56 and exchange rate charged 66.76
7.99
9.659.65
11.5819.30
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Agent
High
2.994.98
7.22
Percentage difference between market reference rate 71.19 and exchange rate charged 66.05
7.22
9.719.71
11.6519.42
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.994.98
7.27
Percentage difference between market reference rate 71.23 and exchange rate charged 66.05
7.27
9.769.76
11.7119.52
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.994.98
7.36
Percentage difference between market reference rate 71.24 and exchange rate charged 66.00
7.36
9.859.85
11.8219.70
ATL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.808.00
6.47
Percentage difference between market reference rate 71.42 and exchange rate charged 66.80
6.47
10.4710.47
12.5620.93
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
10.16
Percentage difference between market reference rate 72.55 and exchange rate charged 65.18
10.16
11.8211.82
14.1823.63
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.98
9.80
Percentage difference between market reference rate 71.43 and exchange rate charged 64.43
9.80
12.2912.29
14.7524.58
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.83
10.17
Percentage difference between market reference rate 71.51 and exchange rate charged 64.24
10.17
12.5812.58
15.1025.17
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
9.44
Percentage difference between market reference rate 71.35 and exchange rate charged 64.62
9.44
12.7612.76
15.3125.52
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.509.17
9.62
Percentage difference between market reference rate 71.35 and exchange rate charged 64.48
9.62
14.2114.21
17.0528.42
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
8.14
Percentage difference between market reference rate 71.39 and exchange rate charged 65.58
8.14
14.8014.80
17.7629.60
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
8.20
Percentage difference between market reference rate 71.44 and exchange rate charged 65.58
8.20
14.8714.87
17.8429.73
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
6.1510.25
10.60
Percentage difference between market reference rate 72.15 and exchange rate charged 64.50
10.60
15.7215.72
18.8631.43
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.494.15
14.00
Percentage difference between market reference rate 71.40 and exchange rate charged 61.41
14.00
16.0816.08
19.3032.17
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
13.48
Percentage difference between market reference rate 72.34 and exchange rate charged 62.59
13.48
17.5717.57
21.0835.13
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
14.09
Percentage difference between market reference rate 72.67 and exchange rate charged 62.44
14.09
18.1718.17
21.8036.33
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.9016.50
15.18
Percentage difference between market reference rate 71.51 and exchange rate charged 60.65
15.18
23.4323.43
28.1246.87
Total Average First Quarter
11.9911.99
Total Average Fourth Quarter 2021
12.1212.12
Total Average
Fee
3.876.44
Exchange Rate Margin (%)
8.768.76
Total Cost Percent (%)
11.9911.99
Total Cost (GBP) Total Cost (USD)
14.3823.97
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Bank branch
High
4.507.50
3.62
Percentage difference between market reference rate 71.17 and exchange rate charged 68.59
3.62
5.125.12
15.3625.60
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.507.50
3.75
Percentage difference between market reference rate 71.26 and exchange rate charged 68.59
3.75
5.255.25
15.7526.25
CashMinute
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.001.67
5.02
Percentage difference between market reference rate 71.43 and exchange rate charged 67.85
5.02
5.355.35
16.0526.75
ACE Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
4.96
Percentage difference between market reference rate 71.39 and exchange rate charged 67.85
4.96
5.635.63
16.8928.15
YaYeh Instant Services
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.001.67
6.26
Percentage difference between market reference rate 72.38 and exchange rate charged 67.85
6.26
6.596.59
19.7732.95
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Agent
High
2.994.98
7.22
Percentage difference between market reference rate 71.19 and exchange rate charged 66.05
7.22
8.228.22
24.6641.10
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.994.98
7.27
Percentage difference between market reference rate 71.23 and exchange rate charged 66.05
7.27
8.278.27
24.8141.35
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.994.98
7.36
Percentage difference between market reference rate 71.24 and exchange rate charged 66.00
7.36
8.358.35
25.0541.75
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.003.33
7.99
Percentage difference between market reference rate 72.56 and exchange rate charged 66.76
7.99
8.658.65
25.9543.25
ATL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.0020.00
6.47
Percentage difference between market reference rate 71.42 and exchange rate charged 66.80
6.47
10.4710.47
31.4152.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
9.44
Percentage difference between market reference rate 71.35 and exchange rate charged 64.62
9.44
10.7710.77
32.3153.85
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
8.14
Percentage difference between market reference rate 71.39 and exchange rate charged 65.58
8.14
10.8010.80
32.4054.00
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.98
9.80
Percentage difference between market reference rate 71.43 and exchange rate charged 64.43
9.80
10.8010.80
32.4054.00
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
10.16
Percentage difference between market reference rate 72.55 and exchange rate charged 65.18
10.16
10.8210.82
32.4654.10
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
8.20
Percentage difference between market reference rate 71.44 and exchange rate charged 65.58
8.20
10.8710.87
32.6154.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.83
10.17
Percentage difference between market reference rate 71.51 and exchange rate charged 64.24
10.17
11.1311.13
33.3955.65
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.509.17
9.62
Percentage difference between market reference rate 71.35 and exchange rate charged 64.48
9.62
11.4611.46
34.3857.30
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.9916.65
10.60
Percentage difference between market reference rate 72.15 and exchange rate charged 64.50
10.60
13.9313.93
41.7969.65
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.494.15
14.00
Percentage difference between market reference rate 71.40 and exchange rate charged 61.41
14.00
14.8314.83
44.4974.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
13.48
Percentage difference between market reference rate 72.34 and exchange rate charged 62.59
13.48
15.1215.12
45.3675.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
14.09
Percentage difference between market reference rate 72.67 and exchange rate charged 62.44
14.09
15.7215.72
47.1678.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
19.9033.17
15.18
Percentage difference between market reference rate 71.51 and exchange rate charged 60.65
15.18
21.8221.82
65.46109.10
Total Average First Quarter
10.4510.45
Total Average Fourth Quarter 2021
10.5710.57
Total Average
Fee
5.078.45
Exchange Rate Margin (%)
8.768.76
Total Cost Percent (%)
10.4510.45
Total Cost (GBP) Total Cost (USD)
31.3652.27
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash