Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to

Sending money from UNITED KINGDOM to JAMAICA

Data collected on: Aug 17, 2022-Sep 09, 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.
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Agent
High
0.000.00
3.94
Percentage difference between market reference rate 175.58 and exchange rate charged 168.66
3.94
3.943.94
4.737.88
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
4.22
Percentage difference between market reference rate 183.15 and exchange rate charged 175.43
4.22
4.224.22
5.068.43
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
1.66
Percentage difference between market reference rate 174.65 and exchange rate charged 171.75
1.66
4.984.98
5.989.97
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.98
3.02
Percentage difference between market reference rate 174.95 and exchange rate charged 169.67
3.02
5.515.51
6.6111.02
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.98
3.59
Percentage difference between market reference rate 174.76 and exchange rate charged 168.48
3.59
6.086.08
7.3012.17
JN Money
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.008.33
1.96
Percentage difference between market reference rate 177.93 and exchange rate charged 174.45
1.96
6.126.12
7.3412.23
JN Money
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
5.008.33
1.98
Percentage difference between market reference rate 177.97 and exchange rate charged 174.45
1.98
6.146.14
7.3712.28
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
2.52
Percentage difference between market reference rate 183.15 and exchange rate charged 178.54
2.52
6.606.60
7.9213.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.499.15
2.06
Percentage difference between market reference rate 174.65 and exchange rate charged 171.05
2.06
6.646.64
7.9713.28
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.998.32
2.71
Percentage difference between market reference rate 173.91 and exchange rate charged 169.19
2.71
6.876.87
8.2413.73
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.996.65
3.59
Percentage difference between market reference rate 174.76 and exchange rate charged 168.48
3.59
6.926.92
8.3013.83
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
1.18
Percentage difference between market reference rate 174.77 and exchange rate charged 172.71
1.18
7.847.84
9.4115.68
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.9011.50
3.08
Percentage difference between market reference rate 172.22 and exchange rate charged 166.91
3.08
8.838.83
10.6017.67
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
2.26
Percentage difference between market reference rate 178.24 and exchange rate charged 174.20
2.26
8.938.93
10.7217.87
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
9.9916.65
0.62
Percentage difference between market reference rate 1.17 and exchange rate charged 1.16
0.62
8.958.95
10.7417.90
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
9.9916.65
1.10
Percentage difference between market reference rate 1.16 and exchange rate charged 1.15
1.10
9.429.42
11.3018.83
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
6.9011.50
3.94
Percentage difference between market reference rate 175.58 and exchange rate charged 168.66
3.94
9.699.69
11.6319.38
Total Average Third Quarter 2022
6.926.92
Total Average Second Quarter 2022
7.047.04
Total Average
Fee
5.248.74
Exchange Rate Margin (%)
2.552.55
Total Cost Percent (%)
6.926.92
Total Cost (GBP) Total Cost (USD)
8.3113.85
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
1.66
Percentage difference between market reference rate 174.65 and exchange rate charged 171.75
1.66
2.992.99
8.9714.95
JN Money
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.008.33
1.96
Percentage difference between market reference rate 177.93 and exchange rate charged 174.45
1.96
3.623.62
10.8618.10
JN Money
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
5.008.33
1.98
Percentage difference between market reference rate 177.97 and exchange rate charged 174.45
1.98
3.643.64
10.9218.20
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
1.18
Percentage difference between market reference rate 174.77 and exchange rate charged 172.71
1.18
3.843.84
11.5219.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Agent
High
0.000.00
3.94
Percentage difference between market reference rate 175.58 and exchange rate charged 168.66
3.94
3.943.94
11.8219.70
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
9.9916.65
0.62
Percentage difference between market reference rate 1.17 and exchange rate charged 1.16
0.62
3.953.95
11.8519.75
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.98
3.02
Percentage difference between market reference rate 174.95 and exchange rate charged 169.67
3.02
4.014.01
12.0320.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
4.22
Percentage difference between market reference rate 183.15 and exchange rate charged 175.43
4.22
4.224.22
12.6621.10
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.998.32
2.71
Percentage difference between market reference rate 173.91 and exchange rate charged 169.19
2.71
4.384.38
13.1421.90
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
9.9916.65
1.10
Percentage difference between market reference rate 1.16 and exchange rate charged 1.15
1.10
4.434.43
13.2922.15
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.98
3.59
Percentage difference between market reference rate 174.76 and exchange rate charged 168.48
3.59
4.594.59
13.7722.95
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.996.65
3.59
Percentage difference between market reference rate 174.76 and exchange rate charged 168.48
3.59
4.924.92
14.7624.60
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
2.26
Percentage difference between market reference rate 178.24 and exchange rate charged 174.20
2.26
4.934.93
14.7924.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.9011.50
3.08
Percentage difference between market reference rate 172.22 and exchange rate charged 166.91
3.08
5.385.38
16.1426.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.9014.83
2.52
Percentage difference between market reference rate 183.15 and exchange rate charged 178.54
2.52
5.495.49
16.4727.45
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.9918.32
2.06
Percentage difference between market reference rate 174.65 and exchange rate charged 171.05
2.06
5.725.72
17.1628.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
6.9011.50
3.94
Percentage difference between market reference rate 175.58 and exchange rate charged 168.66
3.94
6.246.24
18.7231.20
Total Average Third Quarter 2022
4.494.49
Total Average Second Quarter 2022
4.444.44
Total Average
Fee
5.809.67
Exchange Rate Margin (%)
2.552.55
Total Cost Percent (%)
4.494.49
Total Cost (GBP) Total Cost (USD)
13.4622.44
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash