Remittance Prices Worldwide

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Sending money from UNITED-KINGDOM to JAMAICA

Data collected on: Feb 18, 2025 - Mar 07, 2025
GBP | 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 (GBP)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Firm
JN Money
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
Exchange rate margin(%)
2.53
Percentage difference between market reference rate 199.81 and exchange rate charged 194.75
Total cost (%)
2.53
Total cost (GBP)sort descending
3.04
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
3.99
Exchange rate margin(%)
1.17
Percentage difference between market reference rate 199.15 and exchange rate charged 196.83
Total cost (%)
4.50
Total cost (GBP)sort descending
5.40
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
3.99
Exchange rate margin(%)
1.17
Percentage difference between market reference rate 199.15 and exchange rate charged 196.83
Total cost (%)
4.50
Total cost (GBP)sort descending
5.40
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
2.99
Exchange rate margin(%)
2.61
Percentage difference between market reference rate 199.44 and exchange rate charged 194.23
Total cost (%)
5.10
Total cost (GBP)sort descending
6.12
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low 
Fee
2.99
Exchange rate margin(%)
2.61
Percentage difference between market reference rate 199.44 and exchange rate charged 194.23
Total cost (%)
5.10
Total cost (GBP)sort descending
6.12
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Call Center
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
4.99
Exchange rate margin(%)
1.28
Percentage difference between market reference rate 198.43 and exchange rate charged 195.90
Total cost (%)
5.44
Total cost (GBP)sort descending
6.53
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Call Center
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
4.99
Exchange rate margin(%)
1.28
Percentage difference between market reference rate 198.43 and exchange rate charged 195.90
Total cost (%)
5.44
Total cost (GBP)sort descending
6.53
Firm
JN Money
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
3.50
Exchange rate margin(%)
2.53
Percentage difference between market reference rate 199.81 and exchange rate charged 194.75
Total cost (%)
5.45
Total cost (GBP)sort descending
6.54
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
5.00
Exchange rate margin(%)
1.39
Percentage difference between market reference rate 202.82 and exchange rate charged 200.00
Total cost (%)
5.56
Total cost (GBP)sort descending
6.67
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
4.99
Exchange rate margin(%)
1.68
Percentage difference between market reference rate 199.46 and exchange rate charged 196.10
Total cost (%)
5.84
Total cost (GBP)sort descending
7.01
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
4.99
Exchange rate margin(%)
1.68
Percentage difference between market reference rate 199.46 and exchange rate charged 196.10
Total cost (%)
5.84
Total cost (GBP)sort descending
7.01
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
3.99
Exchange rate margin(%)
2.61
Percentage difference between market reference rate 199.44 and exchange rate charged 194.23
Total cost (%)
5.94
Total cost (GBP)sort descending
7.13
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low 
Fee
3.99
Exchange rate margin(%)
2.61
Percentage difference between market reference rate 199.44 and exchange rate charged 194.23
Total cost (%)
5.94
Total cost (GBP)sort descending
7.13
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
3.99
Exchange rate margin(%)
2.61
Percentage difference between market reference rate 199.44 and exchange rate charged 194.23
Total cost (%)
5.94
Total cost (GBP)sort descending
7.13
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low 
Fee
3.99
Exchange rate margin(%)
2.61
Percentage difference between market reference rate 199.44 and exchange rate charged 194.23
Total cost (%)
5.94
Total cost (GBP)sort descending
7.13
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
4.99
Exchange rate margin(%)
1.78
Percentage difference between market reference rate 199.53 and exchange rate charged 195.98
Total cost (%)
5.94
Total cost (GBP)sort descending
7.13
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
4.99
Exchange rate margin(%)
1.78
Percentage difference between market reference rate 199.53 and exchange rate charged 195.98
Total cost (%)
5.94
Total cost (GBP)sort descending
7.13
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
5.00
Exchange rate margin(%)
1.97
Percentage difference between market reference rate 198.92 and exchange rate charged 195.00
Total cost (%)
6.14
Total cost (GBP)sort descending
7.37
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
8.00
Exchange rate margin(%)
0.79
Percentage difference between market reference rate 199.30 and exchange rate charged 197.73
Total cost (%)
7.46
Total cost (GBP)sort descending
8.95
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
8.00
Exchange rate margin(%)
0.79
Percentage difference between market reference rate 199.30 and exchange rate charged 197.73
Total cost (%)
7.46
Total cost (GBP)sort descending
8.95
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
5.90
Exchange rate margin(%)
3.17
Percentage difference between market reference rate 199.53 and exchange rate charged 193.21
Total cost (%)
8.09
Total cost (GBP)sort descending
9.71
Total Average First Quarter 2025
5.72
Total Average Fourth Quarter 2024
6.68
Total Average
Fee
4.54
Exchange Rate Margin (%)
1.94
Total Cost Percent (%)
5.72
Total Cost (GBP)
6.86
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